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The demonetization scheme in India was introduced to address the rising incidence of fake Indian currency notes in higher denominations and to curb the misuse of high denomination notes for illegal activities such as terrorism and hoarding black money. The withdrawal of old high denomination notes like Rs. 500 and Rs. 1000 aimed to eliminate the circulation of fake notes and unaccounted wealth in the economy.
From India, Gurugram
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Central-Governm ent- of-India-Holida y-List 2016.pdf
Central-Governm ent- of-India-Holida y-List 2016-page-001.j pg