Indelible Ink When You Exchange Notes, Just Like When You Vote | Read

PUBLISHED ON: November 15, 2016 | Duration: 2 min, 48 sec

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As India deals with a massive cash crunch, indelible ink will be used at banks to mark those who have exchanged new notes to ensure that people are not drawing more than their fair share, said Finance Ministry officials today. The same tactic is used to prevent multiple voting in elections. An ink stamp will be used after a person has exchanged Rs. 4,500 worth of old notes for new ones, the weekly limit set for now.
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