Eliminating Rs 500 and Rs 1000 notes will have an impact on the assembly elections in Punjab and Uttar Pradesh.
If you happened to visit an ATM or a fuel station on the night of November 8, it would have been unfair to call you nuts for mistaking them for Armageddon and the end of time. Bharatiya Janata Party (BJP) president, Amit Shah, had all but stated that this “surgical strike” on black money would enable his party to win back Uttar Pradesh after more than two decades.
At a more humble level, the common man was worried about simple purchases, as the existing Rs 500 and Rs 1000 currency notes were demonitised effective midnight, November 8, in a bold move by Prime Minister Narendra Modi.
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