No takers for new Rs 2,000 notes, citizens face another crisis

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Braving serpentine queues for hours isn’t the only worry for desperate citizens of India post Prime Minister Narendra Modi’s demonetisation announcement. Their early excitement of having grabbed the new currency is now increasingly turning into another nightmare, all thanks to the much-publicised Rs 2,000 notes.

Rs 2,000 notes

With acute shortage of Rs 100 and other smaller denomination notes, shopkeepers and stores are refusing to accept Rs 2,000 notes demanding the exact amount from customers.

“Nobody is accepting this Rs. 2,000 note and shopkeepers are saying that they don’t have change. Where will I keep it? They are still not accepting this note even if I buy groceries,” angry local was quoted by ANI.

“We get only Rs 2,000 to 4,000 and if in case, I have to go to for some medical check-up, then the entire Rs. 4,000 gets spent, and then I am left with no money to come back home. Initially, it was easy for public to withdraw Rs. 500, but now, we are left with no other option but Rs. 2,000, common people are facing a lot of difficulties,” he added.

Similar incidents were witnessed in south Delhi and Noida on Saturday night when frustrated customers were seen arguing with grocery shop owners over Rs 2,000 notes.

Subhash Singh, a 55-year-old man, was out in New Friends Colony area to buy fruits and other grocery, when he was asked to bring in exact change.

Singh told Janta Ka Reporter, “I had bought stuff worth Rs 300. The shopkeeper simply refused to accept the new Rs 2,000 note saying he did not have Rs 1,700 change. Now I’m in a fix. We had got hold of new currency with great difficulties. Now even this appears to be useless for us.”

Ahmad from Hyderabad told ANI, “From last three days the banks are closed and they are not giving us money. Finance Minister Arun Jaitley said they will work for 12 hours and would also open three to four extra counters, but everything is wage and not even a single extra counter is opened. There is only one counter. Some people are getting cash, while others are going cashless.”

Last week Prime Minister Narendra Modi had scrapped Rs 500 and Rs 1,000 notes promising to replace them with new Rs 500 and introducing Rs 2,000 notes.

Since his announcement, the demand for Rs 100 and other smaller denomination notes has surged.

 

1 COMMENT

  1. As it is, the new 2000/- note looks illegal. The person responsible for its design must be highly constipated. I got Rs 2000/- from bank in 100/- Rs notes and someone who got one single 2000/- note wished to change it from me saying he doe not believe it is not fake. Yes, it looks like Nepal currency.

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