
The Indian Government has
decided to end the use of Rs 500 and Rs 1000 notes from midnight November 8,
2016. PM Narendra Modi made the statement during his address to the nation. He
also said that people have 50 days (from November 10 to 30 December) to deposit
their Rs 500 and Rs 1000 in any bank or post office. He Further Said
that Govt Hospitals will accept 500, 1000 Notes till Nov 11, 2016.