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PM loses 3 lakh twitter followers post demonetization

By Newsd
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A day after Prime Minister announced the withdrawal of Rs 500 and Rs 1,000 notes from circulation, he lost over 3 lakh followers on twitter.

On Nov 8th, Modi, in a shock announcement, ordered the withdrawal designed to tackle widespread corruption and tax evasion.

Following the announcement, on 9 November, PM Modi lost 3,13,312 followers on Twitter,   according to Twitter Counter. Modi, who tweets from @narendramodi, has over 24 million followers on the social media website, which he uses frequently to send out messages to the nation.

However, the very next day, 10 November, the account gained 4,30,128 followers.

Modi said that while people could exchange their old notes for new bills at banks or post offices until the end of the year, or deposit them in their accounts, they would no longer be legal tender from midnight the same day.

Long queues have been outside banks since Thursday as they reopened for the first time after government’s decision.

However, it was unclear how many banks across the country, particularly in rural areas had received the new 2,000 note.

Many people complained that banks and post offices, where old notes can also be exchanged, hadn’t opened on time. There were also reports of disruption of in every-day business activities.