Hyderabad: It is very likely that Rs. 2000 currency notes would be cancelled before the General Elections of 2019. This was stated by Social Activist, Mr. Anil Bokil who is supposed to be the brain behind demonetization. He stated that in order to remove shortage of currency in banks Rs. 500 and Rs. 1000 currency notes were demonetized. In the same manner Rs. 2000 currency notes would also be withdrawn gradually. Mr. Anil Bokil told that with the cancellation of Rs. 2000 currency notes, common man will not suffer and it will not have any repercussions on economy.
Mr. Anil also talked about donations given to political parties. He said that there is a need to be vigilant about these donations. He supported demonetization and said that it will far reaching results for the country. Unaccounted money would be brought under the scanner. Though it is difficult but it is not impossible. He suggested that Govt. should abandon all the taxes and impose only one or two percent tax on all the bank transactions. Some transactions should be exempted to facilitate the poor persons of this country. He proposed to confine cash transactions up to Rs. 2000.
With the deposition of unaccounted money, the economy of the country would be developed.