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Here's where you can spend Rs 500, Rs 1000 notes for next 72 hours

Prime Minister Narendra Modi announced the removal of Rs 500 and Rs 1,000 banknotes from the system on late Tuesday night.

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In a swift strike, Prime Minister Narendra Modi, in a televised address to the nation on late Tuesday night, announced the eradication of Rs 500 and Rs 1,000 notes, in yet another attempt to clamp down on black money in the economy and as a fight on terrorism funding. 

Effective midnight, November 8, the legal tender of Rs 500 and Rs 1,000 banknotes has been made illegal. The Reserve Bank of India will put new Rs 500 and Rs 1,000 notes in to circulation soon. However, the government announced a list of essential services and goods for which the Rs 500 and Rs 1,000 notes can still be used till November 11 midnight. 

"For humanitarian reasons, to reduce hardship to citizens, some special arrangements have been made for the first 72 hours, that is till midnight on 11th November." 

-- Government hospitals 

-- Pharmacies in government hospitals for buying medicines with doctors’ prescription. 

-- Railway ticket booking counters, ticket counters of government buses and airline ticket counters at airports will accept the old notes for purchase of tickets. This is for the benefit of those who may be travelling at this time. 

-- Petrol, diesel and CNG gas stations authorised by public sector oil companies

-- Consumer co-operative stores authorised by State or Central Government

-- Milk booths authorised by State governments

-- Crematoria and burial grounds. These outlets will have to keep proper records of stock and collections. 

-- Arrangements will be made at international airports for arriving and departing passengers who have five hundred or thousand rupee notes of not more than Rs 5000, to exchange them for new notes or other legal tender. 

-- Foreign tourists will be able to exchange foreign currency or old notes of not more than Rs 5000 into legal tender. 

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