After Prime Minister Narendra Modi made the sudden announcement of banning Rs 500 and Rs 1,000 notes, he sent shock waves rippling through the country. This bold decision was made by the prime minister to remove the corruption and tackle the massive problem of tax evasion in India. It was also made to destroy the black money, which was reducing all unauthorized cash to useless pieces of paper. Another development is the introduction of the Rs 2,000 notes in the financial system. They come with high security features, making them hard to fake. These notes are now in circulation, resulting in long queues outside ATMs all over.