Warangal woman commits suicide after Modi bans Big notes

women-commits-suicideIn a shocking incident, A woman living with four daughters has committed suicide after Prime Minister Narendra Modi on Tuesday announced demonetisation of Rs 500 and Rs 1,000 denomination currency notes.

The incident took place in Shanagapuram in Mahbubabad in Warangal where a women named Vinoda sold her 12 acres land for 74 Lakhs and had kept Rs. 54 lakh cash at home in the form of old 500 and 1,000 rupees notes.

The Centre’s decision to ban the higher denomination notes came as a shock to her and due to lack of knowledge that the notes can be exchanged in Banks, She committed suicide. She kept the money for her daughter’s marriage. This incident is the result of confusion and lack of awareness .