Cashless Economy, Restless Citizens!br br Modi announced that the notes of Rs 500 and Rs 1000 "will not be legal tender from midnight tonight" and these will be "just worthless pieces of paper. PM also urged people to ‘join this mahayajna against the ills of corruption.br br November 8, 2016 since the Government of India announced and ordered an end of Rs 500 and Rs 1000 banknotes as legal tender. Back then few people could understand in a moment what had passed and what was about to come – demonetization was almost unheard of by ordinary people. br br The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. br br Indian Currency Demonetization: Advantages and Disadvantagesbr br Demonetization is the act of stripping a currency unit of its status as legal tender.br br One Year of Demonetization.br br CREDITSbr Host - Sriram | Script - Sriram | Camera - Ramesh Kannan | Edit - Arul Skims Jackin A, Sundar, Dinesh Kumar | Associate Producer - Karthick.K, Rajaram.S, Chief Sound Engineer - Raghuveer Rao | Chief Video Editor -Hassan, Channel Manager - Prashanth Balaji, Karthik J | Producer - Dhanyaraju.br To Know Latest Releases : M.