Demonestisation killed 1.5 million jobs – BEFI Organise Protest Against Ill Effects of Demonetisation – Bank Employees Federation of India To all Units, office Bearers, CC & GC Members 14.10.2017 Dear comrades, Demonestisation killed 1.5 million jobs Hold demonstration in all State Capitals Demonestisation of currency notes of Rs. 1000 and Rs. 500 was announced on 8th November 2016 and one year is goint to be completed on 7th November next after the announcement made by the Hon’ble Prime Minister going beyond the provisions of Reserve Bank of India Act. The annual report published by Reserve Bank of India recently reveals that Rs. 15.28 lakhs crores or 99% of Rs. 15.44 lakhs crores scrapped currency notes came back to the system after demonetization. The annual report also stated that only Rs. 16000 crores of demonetised currency was not deposited with the banks. While announcing demonetization, Govt. boasted it as a fight against black money, funding for terrorists and counterfeit...