Delhi: As PM Narendra Modi announced demonetisation of Rs 500 and Rs 1000 currency notes, Indians took to google and searched for “how to convert black money into white money”.
It was trending on Google as people desperately looked to evade agencies and convert their unaccounted wealth. Google Trends results reflected an irony that many saw coming. Gujarat, Modi’s home state and a region known for its entrepreneurial spirit, small traders and jewelers that form the power base of the ruling Bharatiya Janata Party, led the fray with most searches seeking instructions on money laundering, followed by Mumbai and Haryana.
Haryana surprised many but it has in the news over the past months for controversial real estate deals including some with alleged links to the main opposition Congress Party. The property sector will be among the hardest hit from Modi’s move.
“This one decision will change social culture, in the way people keep money and spend,” Finance Minister Arun Jaitley said about the government’s move. “The honest person has the satisfaction to be honest and the not-so-honest worry.”
Google suggests not many were impressed by it But overall, more Indians sought more information about the government’s planned new currency notes that includes better security features.