Srinagar, Nov 15: Days after Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1000 notes, the impact of major decision, which has been termed as ‘surgical strike’ on black money, is coming out. Following the demonetisation order, Kashmir, which had been on boil for last four months, seems to have become quieter now. The Kashmir valley has seen a decline in stone pelting incidents and clashes with security forces, post demonetisation order. Kashmirs also defied the separatists’ call for indefinite shutdown and brought their children for their Class 12 annual exams on Monday. Also Read - Reassess COVID Situation, Focus on Micro Containment Zones: PM Modi to CMs of 7 Worst-hit States

According to security agencies, there has been a decline in separatist-instigated violence in the Valley as separatists and Pakistan-based terror groups have no money to pay paid-protesters. It is a known fact that separatist groups and Pakistan-based terror outfits like Lashkar-e-Taiba and Jaish-e-Mohammed have been using money to lure Kashmiri youth to indulge in violence against Indian authorities. These anti-national groups also have a large number of counterfeit currency, which they smuggled into India to carry out their terror operations. Also Read - Shaheen Bagh's 82-Year-Old Bilkis Named in Time Magazine's List of 100 Most Influential People

The demonetisation of Rs 500 and Rs 1000 has made a major dent in the funding of separatists and Pakistan-based terror groups working in Pakistan-occupied Kashmir. With the ban on old currency, these groups would take years to recover from this blow. Few years ago, intelligence agencies had claimed that Pakistan machinery had achieved “zero-error counterfeit capability” in printing fake Indian notes. After demonetisation order, those counterfeit notes are of no use no. The lack of money has adversely affected the operations of separatists and terror groups in Kashmir. Also Read - PM Modi to Hold High-level Meeting With CMs of 7 States/UTs Today | What to Expect

Defence Minister Manohar Parrikar also said that terror funding has come down to zero and there hasn’t been stone-throwing on security forces in Kashmir, post currency ban. “Earlier, there were rates – Rs. 500 for stone pelting (on security forces in Kashmir) and Rs. 1,000 for doing something else. PM has brought terror funding to zero,” said Manohar Parrikar. “In the last few days after the PM’s daring move there hasn’t been stone pelting on security forces. I congratulate PM for it,” he added.

Normalcy returned to Kashmir valley after 129th consecutive days of unrest which was triggered by the killing of Hizbul Mujahideen militant Burhan Wani in an encounter with security forces. While stone pelting incidents declined, passenger vehicles plied in the city for the first time in more than four months since the unrest began in Kashmir. Schools reopened and hundreds of children sat for their class 12 exam. Similar to other parts of the country, long queues outside banks and ATMs were also seen in Kashmir.

The demonetisation move by Narendra Modi has caused inconvenience to common man who is facing a lot of trouble to deposit or exchange his/her old currency, but it has also came out as major bombshell on separatists and terror outfits.