After issuing the ban, the prime minister categorically acknowledged that the notes in query have been the centerpiece of all illegal cash dealings in the country and, due to this fact, needed to be handled to curb the rampant black money activities. Prime Minister Narendra Modi's transfer of demonetization drive no doubt will deliver out all the black cash but this has induced panic amongst the general public. The ban, introduced by Prime Minister Narendra Modi on 9/11/2016, has been met with wild surprise virtually throughout the board and the effect was nearly instantaneous. Despite the doom and gloom that's forecast in the aftermath of the ban, analysts say that many individuals and enterprise will not be harm in the long run. However, analysts additionally acknowledge that there will probably be unfavorable consequences in the quick time period, particularly to a large portion of the country's working class as well as rural business establishments. The town is coated by a large network of optical fibre cables. Gwalior has two procuring malls, DD City Mall with Fun Cinemas multiplex and Maya-Gitanjali Mall with Gold Digital Multiplex.

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