Twitterati overjoyed ₹500, ₹1,000 note ban

Prime Minister Narendra Modi on Tuesday night announced that the government will scrap ₹500 and ₹1,000 currency notes presently in use, in a bid to curb the black money.

Since November 9th the ₹500 And ₹1,000 cash bills was not a legal tender anymore. Not only was that all national banks were closed on November 9 for transactions.

“There is no need for panic. Your money will remain yours. You need not worry on this point,” he said.

ALSO READ: Here’s the man behind PM Modi’s bold decision to demonetize Rs.1000 and Rs.500 Notes

New ₹500 and ₹2000 currency bills have been being issued by the Reserve Bank of India.

Notwithstanding what the Prime Minister said, people simply panicked and obviously queued up in front of ATMs to withdraw as much money as possible in 100 rupees notes and even shopped anything and everything to get rid of ₹500 or ₹1000 notes.

ALSO READ: Scramble for new notes as banks reopen

But at the same time there were some people who sat calmly on their couch and exclaimed their thoughts on twitter which lightened the situation:

Only 90’s kid will remember this Rs 500 and Rs 1000 pic.twitter.com/ixTYPZV8R7

— I RUN MAN (@BhaagteRaho) November 8, 2016

Bye Bye US Black President.

Bye Bye Indian Black Money.

— Godman Chikna (@Madan_Chikna) November 8, 2016

@SrBachchan 😊

— Raj Nayak (@rajcheerfull) November 8, 2016

For the first time Whatsapp news didn’t turn out to be a rumour. Rs. 2000 note is a real thing.

— Sagar (@sagarcasm) November 8, 2016

Jab paise hain hi nahi toh kya 500 ka note aur kya 1000 ka note! lol

— pnkj (@AskThePankazzzz) November 8, 2016

500 and 1000 are temporary, Gandhiji is permanent.

— PythaGauri Theorem (@DramebaazPorgi) November 8, 2016

I was alive when 100 rupees note had higher value than 1000 rupees note.

— EngiNerd. (@mainbhiengineer) November 8, 2016

Every single person who has black money right now. pic.twitter.com/MPBBLwD0C5

— Sahil Shah (@SahilBulla) November 8, 2016

Instead of declaring 500 & 1000 Rs notes illegal, Govt should replace Mahatma Gandhi’s photo with Rahul Gandhi’s to change valuation to 0.

— The Viral Fever (@TheViralFever) November 8, 2016

I am selling this rare collectors Rs 500 note from 2016 AD Modi era for Rs 10,000. Anyone interested please contact. Pls RT. pic.twitter.com/zTcXN3527y

— Kabir Taneja (@KabirTaneja) November 8, 2016

lage haath ek 13 rupey ka note bhi nikal do milds ke liye

— no (@Sarcusstic) November 8, 2016

Indians, right now. pic.twitter.com/JkuRBcF7wY

— Trendulkar (@Trendulkar) November 8, 2016