TIOL-DDT 2983 · Friday, 2 December 2016 · story 7 of 11

It's Raining Black Money - in New Currency

THE Black Hole of parallel economy is sucking all those new currency notes. The notes are coming out of the banks, but they are not reaching the people who stand in the queue. Rs. 4.7 crores worth brand new currency were seized in Bangalore from a Government officer. Apparently those who stand in queue for paltry sums are denied even that while fat amounts are going through the back door into the black world.