Exactly three years ago, on November 8, 2016, the Indian government announced the demonetisation of all the Rs 500 and Rs 1000 bank notes. Following this, the new notes of Rs 500 and Rs 2000 were introduced by the Reserve Bank of India. Prime Minister Narendra Modi made this announcement to reduce black money, illicit and counterfeit cash which was used to fund illegal activity and terrorism. Today marks the three years of the Demonetisation announcement and at present the Indian economy is not at its strongest position too. Twitterati is remembering the announcement of the demonetisation with some funny memes and jokes. #DeMonetisationDisaster and #3YrsOfDeMoDisaster are among the top trends on Twitter. PM Narendra Modi Defends Demonetisation, Says 'No Job Loss Due to Note Ban'.

In the last two years, the Indian currency notes have undergone a colourful change, with the new notes of Rs 10, Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000. While we all have seen and been using the new notes, people online are remembering the old currency and some paying their condolences too. Funny reactions to the demonetisation announcement are trending on Twitter. Demonetisation Proved to Be Disaster That All but Destroyed Economy: Priyanka.

Check Some Funny Tweets and Reactions on Demonetisation:

Old Notes Put to Use

 

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A post shared by C/o.controversy (@controversyy) on

Condolences to the Old Notes

Where is the Black Money?

Remember This Guy?

Not Too Happy

What Does Your Ex and Rs 500 Have in Common?

 

 
 
 

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A post shared by Meme Saheb (@memesahebaaaa) on

Whether the move to demonetise the notes proved fruitful or not, still remains a debated opinion among the masses. Several negative impacts of the idea were seen in the economy due to shortage of cash. While a lot of people also switched to making digital payments, which was one of the intentions of this move.

(The above story first appeared on LatestLY on Nov 08, 2019 10:43 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).