money

Mumbai loses Rs. 700 crores in 10 days due to Demonetisation

Following the demonetisation drive, the financial capital of the country has suffered much. Reports said that all the business activities pertaining to the different fields have been affected drastically.The income of the high class to low class people of Mumbai city has come to far below affecting their livelihood and their life styles.

It is reportedly learnt that around 50-70 % has fallen in all the business transactions.Trade analysts have roughly calculated that the city has lost Rs 700 crores in just 10 days.

On the other hand, the Supreme Court came down hard on the government for not doing enough to ease the cash crunch in the country.

The Apex Court warned that the situation turned serious and people were still so anxious that there could be riots.

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