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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Our Prime Minister shook the entire country by demonetising Rs. 500 and Rs. 1000 currency notes. As we Google everything, many Indians yet again googled. And this time the most searched Google query is “How to convert black money into white money.”
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PM’s home state, Gujarat topped the search numbers while Maharashtra and Haryana settled for second and third positions. Being the economic capital of India, Mumbai witnessed a lot of Googlers searching for ways to launder their Black money to White. It is noteworthy to point out that Modi’s decision caused 86 percent of the money in circulation ineffective.
Finance Minister Arun Jaitley informed reporters on Wednesday about the government’s decision; he said,“This one decision will change the social culture, in the way people keep money and spend. The honest person has the satisfaction to be honest and the not-so-honest worry.”
Another most searched query on Google was based on the hoax spread on social media. Many Indians turned to Google for knowing the “salient security features” in the Rs. 2000 currency note. The finance minister later rubbished the rumours of integration of GPS technology or any other hi-fi technology in the new Rs. 2000 notes. In total, Modi’s latest economic move made it to the top five most searched questions from India on Tuesday. According to the 2016 Internet Trends report by Kleiner Perkins Caufield & Byers, there are I277 millions of internet users in India, which constitutes the second largest audience after China.
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