1. Demonetisation: Delhiites throng to petrol pumps, cooperative stores to use old notes

Demonetisation: Delhiites throng to petrol pumps, cooperative stores to use old notes

People in the national capital rushed to Metro and Railway booking counters, petrol pumps, Mother Dairy outlets and other cooperative stores as the exemption on use of old Rs 500 and Rs 1,000 notes at public utilities was to come to an end today.

By: | Published: November 24, 2016 10:00 PM
money-l-pti Delhiites were seen buying household necessities in bulk and filling up their car and motorbike tanks to the limit to use their old notes. (Source: Representative image: PTI)

People in the national capital rushed to Metro and Railway booking counters, petrol pumps, Mother Dairy outlets and other cooperative stores as the exemption on use of old Rs 500 and Rs 1,000 notes at public utilities was to come to an end today. The government, however, tonight extended till December 15 the facility of using old Rs 500 notes in public utilities and included more services like mobile recharge but stopped the over-the-counter exchange of defunct currencies and use of Rs 1,000 notes.

Delhiites were seen buying household necessities in bulk and filling up their car and motorbike tanks to the limit to use their old notes. Several people have not been able to exchange or deposit old currency notes which they already had due to the huge rush at banks.

“I am old and cannot stand for a long time. I had gone to bank three times. First time I had to stand for over three hours to exchange notes. Later I went to deposit money twice but came back home as there was rush.

“Today I will buy stuff for home and medicines and try to deposit the rest of the notes in bank later,” said 68-year-old Vinod Jha, a resident of Mayur Vihar Phase I.

With most outlets running out of change, fuel stations and milk booth operators faced a hard time dealing with customers, that led to commotion and quarrels.

Kamalika Sharma, who was at a queue outside a metro ticket counter, said, “I had a Rs 1,000 note and have used it to top up the metro travel card.”

After the government announced demonetisation on November 8, it had allowed use of old notes at government milk booths, government hospitals, fuel stations and railway ticketing for 72 hours.

However, as queues outside banks and ATMs prolonged due to huge rush and people complained of cash crunch, the government extended the deadline by another 72 hours and included prescribed medicine, metro rail tickets, highway toll, LPG gas cylinders, water and electricity bills and ASI monuments.

The landline later was further expanded on November 14 till November 24 for the convenience of people.

  1. M
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    Apr 20, 2017 at 2:59 am
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    Reply
    1. R
      Rahul Chopra
      Feb 16, 2017 at 1:57 am
      Tomorrow if there happens dehydration in petrol bunks where these guys will throng ?
      Reply
      1. M
        MADHUKAR BALGI
        Jan 9, 2017 at 3:59 am
        Mr. Steve Jobs comments on India's demoniisation seems not well thought off. His comments reminds me the senseless criticism s of Mr RAGA, full throat shoutings of MAYAVATI or the opposition leader Mr. Charge of Congress I. No doubt it was not well thought off like advance preparation like readying ATM Machines to deliver notes of smaller denominations, should have brought out more of RS 500 NEW NOTES, RS 100 notes and calibrate ATMs to disburse RS 5000 at least & should have opened temporary cash disbursing center's like post offices in rural areas. In such cases people's problems could have been mitigated. Mr Steve Jobs would have done better by suggesting ways to curb black money, ways to check black and corrupt activities of large section of politicians, business people and bank ployees, bank managers and corrupt employees of Govt. establishments.
        Reply
        1. M
          Muralidhara H
          Feb 8, 2017 at 5:39 am
          68 year old man is still having old currency after visiting bank several times! Why he should keep cash in his house at this age? Like this, many are there now making use of the opportunity as a last resort. Balance stock of currency, use as 'fuel'. Anyway ill gotten money.Otherwise, it would have been 'kept' as Fixed Deposit.
          Reply
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            Dr. pramod
            Nov 25, 2016 at 7:48 am
            To stop black money date is mention on each note with 5 year validity, after 5 year older note is invalid according to exp. Date. Just like madicines.
            Reply
            1. J
              James
              Dec 3, 2016 at 5:36 am
              How much old currency do these people still have.Maybe they are up to some thing fishy.Maybe they are stocking petrol and spending all their ill gotten money.
              Reply
              1. K
                kuju
                Dec 6, 2016 at 4:06 pm
                Demonetization is necessary evil to bring all money in to the system. Should be back to normal by end of December.
                Reply
                1. R
                  RM
                  Dec 3, 2016 at 1:04 pm
                  How long the petrol and groceries will last .Ultimately for all time to come people need new currency ,which is not available as per demand and the problems are going to remain for ordinary citizens .Govt admits the problem to people ,but is not willing to solve them ,even after deposit of large amounts in banks ,which surely it had not antited. It should check details of transactions of its MPs, MLAs and their family members and should make it public.
                  Reply
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