Warangal Nov 10: Panic gripped people in Telangana and Andhra Pradesh soon after Prime Minister Narendra Modi announced that Rs. 500 and Rs. 1000 notes will not be legal tender from midnight Thursday.
From this move, an incident occurred in Warangal Mahubabad. An old woman, who had Rs.54 lakh cash at home in the form of old Rs. 500 and Rs. 1,000 rupees notes, died of shock.
She heard the Govt's decision to ban the high-denomination notes and was afraid that they cannot be exchanged.
The woman had sold off her land and kept the cash at home for her daughter's marriage.
Confusion and lack of awareness has led to her death.
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