Announcement of Prime Minister on November 2016
Rs 500 and Rs 1000 notes that the Prime Minister is not valid. Narendra Modi announced the action, rich, black, real estate owners are dismayed.
In this case, Modi's next action in gold and black money hoarders land is converted to have those reports. Ie, Modi has announced a plan now, just as the banknotes will only affect those hoarding.
However, those changes will not hurt the black money kept as gold or land. Because of their black money in India many of people have invested in gold and land. Moreover, many lockers have hoarded gold.
Subsequently, the lockers to keep the Prime Minister, Mr. Narendra Modi has the Action Plan. Accordingly, holders of lockers over 600 grams of gold to the Central Government has decided to put online to research them. And storing gold holders, the banks need to register on the system. That, combined with their Aadhaar number and then use the gold.
Besides the gold nugget jewelry and gold coins holders, Aadhaar number along with it to keep the balance in the bank, not only can have safe indemnity.
No gold buyers Aadhar numbers definitely need to get. Otherwise, strict action would be taken in the management of the jeweler had already suggested.
Thus, the black money hoarders impossible to keep going. Up to 70 percent of the price of gold will fall. Similarly, the author's right to land is one of the update programs will be introduced. Accordingly, all of the land registration office to submit the bond, linked with Aadhaar number. To the land scam, the addition of assets blocked as a proxy.
Same like the vehicle ownership program, foreign object money exchange project and the federal government to implement a number of programs that the defense system of observation are reported. By this account, rather than gold, the holdings Modi government is preparing to lay strict rules .
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