History: November 8 (#3)

History: November 8 (#3)
Wikimedia Commons, CC BY-SA
November 8, 2016 Indian Prime Minister Narendra Modi publicly announces the withdrawal of ₹500 and ₹1000 denomination banknotes.

Commentary

Commentary

On November 8, in the year 2016: Indian Prime Minister Narendra Modi publicly announces the withdrawal of ₹500 and ₹1000 denomination banknotes. On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series.

Commentary

Why November 8, 2016 matters: Indian Prime Minister Narend ra Modi publicly announces the withdrawal of ₹500 and ₹1000 denomination banknotes. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.

Commentary

Historical context: November 8, 2016 The 21st century has already seen profound shifts: the digital revolu tion has connected billions while reshaping politics and culture; climate change has emerged as a defining crisis; and new powers have risen to challenge the world order that followed the Cold War. The event on this day: Indian Prime Minister Narendra Modi publicly announces the withdrawal of ₹500 and ₹1000 denomination banknotes. Source: https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetisation (Wikipedia, CC BY-SA)