In order to eradicate black money in India, the Central Government has made Indian Rs 1000 and Rs 500 notes invalid. Instead Central Government is introducing a new Rs 2000 Indian notes attached with Nano GPS chip. For it’ s operation no energy is required. If signals are sent through satellite it will detect black money even if it is buried under the 120 meters under the ground . Special feature in this Rs 2000 note is Nano GPS chip cannot be removed without damaging it. But the Indian Government has not yet made official announcement on this.
If black money racketeers come to know this , will they hide this new note is a 1000 dollar question ?