THE DAYS AFER DEMONETIZATION

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It's been 10 days after Indian Prime Minister Narendra Modi announced demonetization of Rs 500 and Rs 1000 notes. Here are the major happenings on the past days after demonetization.  

NOVEMBER 08

November 08

Indian Prime Minister Narendra Modi announced that Rs 500 and Rs 1000 notes will cease to be legal tender and the demonetization will come into effect from midnight of November 8. People queue up outside ATMs to withdraw 100 rupee notes.

NOVEMBER 09

November 09

Akhilesh Yadav, Arvind Kejriwal, Mamata Banerjee and several other states Chief Minister and party men in India criticised PM Modi's announcement saying that sufferers were common people.

NOVEMBER 10

November 10

Madurai bench of the Madras high court dismisses PIL filed seeking to make demonetised Rs 500 and Rs 1,000 currency notes valid again.

NOVEMBER 11

November 11

A 73-year-old man in Mumbai dies standing for hours in the queue of SBI branch to exchange money.   

NOVEMBER 12

November 12

A farmer in Karnataka duped with fake Rs 2,000 Note, just 3 days after the demonetization announcement.

NOVEMBER 13

November 13

Indian Prime Minister Narendra Modi breaks down while addressing a function in Goa saying he had left his home and family for the country.

NOVEMBER 14

November 14

Leading economist and former chief economist for the World Bank Kaushik Basu says demonetization of Rs 500 and Rs 1000 notes is poor economics.

NOVEMBER 15

November 15

After hearing pleas against demonetization, the Supreme Court of India refuses to stay ban on 500 and 1000 rupee notes.

NOVEMBER 16

November 16

After demonetization, TASMAC, owned by the Government of Tamil Nadu, loses Rs. 100 crore in revenues.

NOVEMBER 17

November 17

The ninth day after demonetisation came into effect, the death toll in India rose to 55.