To fight on terrorists and fake notes - Check
The black money is being circulating into the country by terrorists. Terrorists have aimed at the Indian economy and they want to destroy the economy. The circulation of black money is one such act by them. Terrorist often use this money to buy the weapons to do attacks. So, as the notes are now banned it is going to be a very hard time for the terrorists. There was a speech by Mujahiddin head in POK that they would attack India in a similar surgical strike. There is classified information from IB that army may have to face sudden attacks from terrorists. It is speculated, terrorists attacks is the only main reason to ban the 500 and 1000 notes. Though government and heads of Reserve Bank says that they are been working on this from long time ago it is not actually planned to announce now. The new notes come with Nano technology printing which is very hard to replica them.
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