money

Demonetisation Effect : Life comes to a ‘standstill’ in front of ATMs, banks for common man

The people of India are at the moment facing the impact of the demonetisation policy introduced by the centre last week.

Eight days after the announcement of scrapping of Rs. 500 and Rs. 1,000 notes by Prime Minister Modi, common men are still queuing up in front of banks and ATMs, to either exchange their notes or withdraw cash.

The story is the same through out the country. Daily wagers are the worst hit, with hundreds of workers taking to the streets protesting against Modi’s move.

At Eluru, in Andhra Pradesh (AP), daily wagers took out a procession, under the auspices of Indian Federation of Trade Unions (IFTU).

They blamed Modi for not getting their wages and losing their livelihood.

At Tirupati, a customer got into fisticuffs with a petrol bunk worker, for not getting change for his Rs. 500 note.

In NIMS Hospital, Hyderabad patients are seen undischarged for having no cash even after the treatment is over as the hospital is not accepting Debit Cards.

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