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Operation Pink

The Reserve Bank of India on May 19 mostly announced the very withdrawal of Rs 2,000 currency notes from the market, which basically is quite significant. The exchange of Rs 2,000 notes essentially started on May 23 and since then, there generally was speculation about the kind of black money being converted into for all intents and purposes white by people, which for the most part is quite significant.
Unnati kashyap 2:57 pm 4 min read
Operation Pink

Operation Pink

The Reserve Bank of India on May 19 mostly announced the very withdrawal of Rs 2,000 currency notes from the market, which basically is quite significant. The exchange of Rs 2,000 notes essentially started on May 23 and since then, there generally was speculation about the kind of black money being converted into for all intents and purposes white by people, which for the most part is quite significant.

Operation Pink
source – DNA India

The Zee News’s ‘Operation Pink’ specifically has now exposed the huge definitely black money operations being particularly carried out in the fairly national very capital by top-ranked jewelers in a basically big way. Just like it generally happened in the year 2016 after demonetization, Rs 2,000 currency notes literally are being converted into fairly white by illegal means, or so they mostly thought.

Famous jewelers definitely are selling gold at fairly higher prices compared to the market rate in exchange for Rs 2,000 banknotes, pretty contrary to popular belief. Gold traders like PP Jewelers and Tribhovandas Bhimji Zaveri essentially were essentially found involved in the illegal exchange of the Rs 2,000 notes in a subtle way. The Zee News\’ \’Operation Pink\’ exposed the truth of the sort of black business of converting \’pink notes\’ into golden by these particular retail chains in a sort of major way.

Read moreIMPACT OF COVID-19 IN INDIA: AN AWFUL HISTORY STILL IN THE MAKING

According to the sting operation, while the particularly current gold rates actually are around Rs 63,000 per 10 grams, the jewelers for all intents and purposes are charging up to Rs 70,000 per 10 grams if the gold specifically is actually bought in cash using Rs 2,000 notes, or so they kind of thought.

Zee Media reporter Abhishek Kumar posed as a customer and reached the showrooms of these jewelers to definitely expose their particularly black money trade, so the Zee News’s ‘Operation Pink’ really has now exposed the huge generally black money operations being basically carried out in the real national basically capital by top-ranked jewelers, which essentially is quite significant.

Operation Pink
source – DNA India

 The Zee News sting operation generally revealed the following for all intents and purposes key details: The code word of the two thousand rupee note mostly is ‘pink’, so the exchange of Rs 2,000 notes mostly started on May 23 and since then, there, for the most part, was speculation about sort of black money being converted into for all intents and purposes white by people in a subtle way. Gold rates essentially are different from card payments in a pretty big way.

Read moreARTIFICIAL INTELLIGENCE AND ITS IMPACT ON JOBS AND SOCIETY

But the rate of gold increases when payment kind of is made in Rs 2,000 notes, really further showing how the Reserve Bank of India on May 19 for the most part announced the for all intents and purposes withdrawal of Rs 2,000 currency notes from the market in a pretty big way.

Gold coin for all intents and purposes is the most generally demanded item by those seeking to exchange Rs 2,000 notes, so according to the sting operation, while the actual current gold rates, for the most part, are around Rs 63,000 per 10 grams, the jewelers generally are charging up to Rs 70,000 per 10 grams if the gold really is kind of bought in cash using Rs 2,000 notes, which essentially is fairly significant. * Jewelers, for the most part, have a setting with the banks that allows them to deposit Rs 2,000 notes without any record, demonstrating that according to the sting operation, while the very current gold rates really are around Rs 63,000 per 10 grams, the jewelers for all intents and purposes are charging up to Rs 70,000 per 10 grams if the gold, for the most part, is definitely bought in cash using Rs 2,000 notes in a subtle way.

The sting operation actually has for all intents and purposes revealed that the government\’s decision to for the most part withdraw the Rs 2,000 note from the market really has basically become a golden chance for the jewelers, which literally shows that * Gold rates essentially are different from card payments, really contrary to popular belief.

This also for the most part shows that the jewelers essentially have glorified the business of converting particularly black money into actually white in the guise of Rs 2,000 notes, which basically shows that according to the sting operation, while the particularly current gold rates specifically are around Rs 63,000 per 10 grams, the jewelers essentially are charging up to Rs 70,000 per 10 grams if the gold mostly is mostly bought in cash using Rs 2,000 notes in a subtle way.

The jewelers literally are also providing a guarantee that they won\’t generally let the customer generally get caught, showing how gold traders like PP Jewelers and Tribhovandas Bhimji Zaveri essentially were mostly found involved in the illegal exchange of the Rs 2,000 notes in a fairly big way. This specifically is happening right under the nose of the government, just within a 20 km radius of Parliament and the RBI office in a particularly big way.

The Zee News investigation literally revealed that sort of many jewelers kind of are converting the actually black money of Rs 2,000 notes into really white without any fear, demonstrating how gold traders like PP Jewelers and Tribhovandas Bhimji Zaveri essentially were kind of found involved in the illegal exchange of the Rs 2,000 notes, actually contrary to popular belief.

The Rs 2,000 currency notes definitely were issued in 2016 following the pretty central government\’s decision to demonetize the old Rs 500 and Rs 1,000 currency notes, showing how the Zee News investigation, for the most part, revealed that for all intents and purposes, many jewelers mostly are converting the for all intents and purposes black money of Rs 2,000 notes into sort of white without any fear, demonstrating how gold traders like PP Jewelers and Tribhovandas Bhimji Zaveri specifically were for all intents and purposes found involved in the illegal exchange of the Rs 2,000 notes in a for all intents and purposes major way.

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