Kathmandu sources reported that the Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations. Meanwhile the government has asked the people to refrain from keeping or carrying Indian bank notes higher than Rs 100 denomination as it has not legalized them, The Kathmandu Post quoted Minister for Information and Communications Gokul Prasad Baskota as saying.
According to sources the decision can affect Nepalese laborers working in India as well as Indian tourists visiting Nepal. Furthermore the Indian government introduced notes of Rs 2,000, Rs 500 and Rs 200 denominations after demonetization in 2016.
As per report it was stated that people have been using new Indian currency notes in the Nepali market for nearly two years. This new rule will definitely affect people of Nepal and they will become used to it in few days of time.
PM Modi confident in making Bharat a 5 Trillion Dollar Economy New Delhi sources stated that Prime Minister Narendra Modi said that the goal to make India a five trillion dollar economy is challenging but can be achieved and asked the states to recognize their core competence and work towards raising GDP targets. Reportedly in his opening remarks at the fifth meeting of the Governing Council of NITI Aayog, the Prime Minister said that empowerment
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