Scrapping of Rs 500 & Rs 1000 notes: Tamil Panchangam had it in writing already

Social media, which shared the info on Panchangam predicting Chennai floods last year, now claims Panchangam hinted on the reform early this year

Surprised by the centre's decision to scrap the higher denomination notes of Rs 500 and Rs 1000? Well, while it might have come as a surprise to many, even the high level administrators, but it was all written in black and white in a Tamil panchangam, the astrological almanac, much early, according to claims.

The Durmukhi Panchangam by K V Seetharamaiah, which comes out in the beginning of the year, says, "There will be new change in Banks. Unaccounted black money will be identified. Tax department will get crores of Rupees."

It may be noted that last year in December, when Chennai and three northern districts experienced heavy rainfall and flood, claims were that the Panchangam predicted well in advance.

Bank branches across the State has seen queue forming long lines outside the bank premises, right from early morning. Many branches in Chennai has run out of smaller denomination notes in the morning itself, following which customers were unhappy.

Interestingly, some small time entrepreneurs found an opportunity in this chaos also, according to sources. Some of them picked up the forms to be filled while exchanging the old notes, made photocopy and started selling it for Rs 2 each outside the branches. Many have bought it paying the money, before the bank officials wound up the business by asking the seller to leave the location without delay.