The new denominations, the latest change in India.

“Change is the only constant” means nothing is permanent and everything changes with time. Changes are happening in the world all the time and we cannot find something that will never change. Some things change sooner and some things change later.

There are many changes in the world and one of them is the cancellation of the Rupees 500 and 1000 notes in India. This is one of the global changes that interest me.

The Prime Minister wanted to curb black money. The people who have paid tax can deposit their old notes of 500 and 1000 and get the new notes. But the people who have not paid tax will have to destroy their notes of 500 and 1000.The Prime Minister is trying to curb black money by taking this measure.

Although this measure has caused inconvenience to the people in the short term because of long queues in the banks and ATMs, it is a very good idea and will benefit our country and it’s people in the long term. I want to thank and congratulate the Prime Minister for taking
this bold measure against black money.

Submitted by

Khushi Bihani

III B

AVM, Bandra East