1. Demonetisation effect: Families protest with unique sit-in outside DM office

Demonetisation effect: Families protest with unique sit-in outside DM office

With an intention to get a solution to this severe cash crisis, the local protesters waived their wedding cards in a gathering yesterday citing that they were unable to withdraw cash from their bank accounts leading to 'bigger problems' while making necessary arrangements for the wedding.

By: | Updated: November 16, 2016 5:17 PM
Demonetisation, Cash Crisis, Wedding Season, Cash in Wedding, BJP, Muzaffarnagar DM, RBI, Cash Chaos, Electronic Payment, Online Payment, Cashless Economy With an intention to get a solution to this severe cash crisis, the local protesters waived their wedding cards in a gathering yesterday citing that they were unable to withdraw cash from their bank accounts. (Source: ANI)

After a continuous agitation from the opposition parties, several cash-strapped families gathered outside the District Magistrate’s office in Muzaffarnagar, seeking help from the administration to help them successfully arrange the upcoming weddings in their families in the wake of government’s demonetisation move.

With an intention to get a solution to this severe cash crisis, the local protesters waived their wedding cards in a gathering yesterday citing that they were unable to withdraw cash from their bank accounts leading to ‘bigger problems’ while making necessary arrangements for the wedding.

These protesters have also submitted a memorandum to the DM and asked for approval to withdraw reasonable cash from their bank account as per the expense of the ceremony. Many of these protesters were parents of daughters who have a couple of weeks left in their kins marriage. The protest was leaded by a father whose daughter is hopefully about to get married on November 25.

No doubt the effect of monetisation in tier II and III cities is way different than from a metro city where there are ATMs and banks at every nook and corner and maximum retail touch-points accept electronic mode of payment. Making the situation worse, it has been reported that even doctors are denying treatment as the patients are had only old currencies i.e. Rs 500 and Rs 1,000 notes on them. Even hospitals are refusing to admit critical patients due to the cash crisis. Immense anger can be seen on roads and people standing for hours in bank queues have started loosing their patience as the days are passing.

Please Wait while comments are loading...

Go to Top