1. Demonetisation-hit Russian diplomats in India shoot off protest letter, threaten backlash in Moscow

Demonetisation-hit Russian diplomats in India shoot off protest letter, threaten backlash in Moscow

As of now, the cash withdrawal limit offered to the Russian Embassy, that has a staff headcount of around 200, is about Rs 50,000 per week. This ends up with only Rs 250 cash in hand for each employee for an entire week.

By: | Published: December 6, 2016 4:19 PM
Demonetisation, Russian Embassy, Russian diplomats, Alaxander Kadakin, MEA, Indian Minister Counsellor, Cash Crunch, Russia-India, Ukraine, Sudan, Ethiopia, Kazakhstan As of now, the cash withdrawal limit offered to the Russian Embassy, that has a staff headcount of around 200, is about Rs 50,000 per week. This ends up with only Rs 250 cash in hand for each employee for an entire week. (Source: Reuters)

One of India’s oldest strategic allies, Russia, has strongly slammed the ongoing cash crunch in the country stating it to be a big roadblock for its diplomats to function smoothly. Russia has finally lodged a protest with India on the cash crunch, which has negatively impacted its Mission in Delhi.

The Russian Ambassador Alaxander Kadakin has written a letter to the Ministry of External Affairs (MEA) raising concerns over the diplomats not being able to withdraw enough money hampering the normal functioning of the mission and sought intervention of the External Affairs Ministry so that the withdrawal limits for diplomatic staff are lifted, reported DNA.

As of now, the cash withdrawal limit offered to the Russian Embassy, that has a staff headcount of around 200, is about Rs 50,000 per week. This ends up with only Rs 250 cash in hand for each employee for an entire week.

Speaking upon the raised concern, an official from the Embassy told DNA that the department is still waiting for a reply from MEA and expects the issue to be resolved quickly. He further said that if things does not get sorted at the earliest, ‘we would be forced to explore other options which may include raising the issue in Moscow with your Embassy by summoning Indian Minister Counsellor’.

Apart from Russia, countries like Ukraine, Sudan, Ethiopia and Kazakhstan have also protested against the demonetisation drive and have asked the ministry to come up with some resolution towards the same.

Russia has been one of the oldest and strongest allies for India and is currently one of the largest defense equipment supplier to the country.

Calculate your income tax post budget 2018 through this Income Tax Calculator, get latest news on Budget 2018 and Auto Expo 2018. Like us on Facebook and follow us on Twitter.

  1. R
    raja
    Dec 6, 2016 at 2:08 pm
    Well!Well!Well! Russia, K'asthan ! Hmm Who are the instigators! Nothing surprising! Those who looted the country claiming equality for all and ded the money in these countries and their banks in India restricted!, When USSR broke down the rouble was rubble they were eating caviar and guzzling vodka! It was decent then! why can't they import it now and celebrate! We are repairing the economy in our country unlike them who were ding in Panama!
    Reply
    1. K
      Kumar
      Dec 6, 2016 at 3:55 pm
      I cant understand why diplomatic staff cannot use debit or credit cards.
      Reply
      1. K
        kuju
        Dec 6, 2016 at 3:59 pm
        Demonetization is Necessary evil for the country - should be back to normal by end of December 2016.
        Reply
        1. Narayanan Tharayil
          Dec 6, 2016 at 3:42 pm
          One of India’s oldest strategic allies, Russia, has strongly slammed the ongoing cash crunch in the country stating it to be a big roadblock for its diplomats to function smoothly. Russia has finally lodged a protest with India on the cash crunch, which has negatively impacted its Mission in Delhi.The Russian Ambador Alaxander Kadakin has written a letter to the Ministry of External Affairs (MEA) raising concerns over the diplomats not being able to withdraw enough money hampering the normal functioning of the mission and sought intervention of the External Affairs Ministry so that the withdrawal limits for diplomatic staff are lifted, reported DNA.As of now, the cash withdrawal limit offered to the Russian Emby, that has a staff headcount of around 200, is about Rs 50,000 per week. This ends up with only Rs 250 cash in hand for each employee for an entire week.Speaking upon the raised concern, an official from the Emby told DNA that the department is still waiting for a reply from MEA and expects the issue to be resolved quickly. He further said that if things does not get sorted at the earliest, ‘we would be forced to explore other options which may include raising the issue in Moscow with your Emby by summoning Indian Minister Counsellor’.Apart from Russia, countries like Ukraine, Sudan, Ethiopia and Kazakhstan have also protested against the demonetisation drive and have asked the ministry to come up with some resolution towards the same.Russia has been one of the oldest and strongest allies for India and is currently one of the largest defense equipment supplier to the country.
          Reply
          1. Parminder Shaant
            Dec 6, 2016 at 3:32 pm
            l
            Reply
            1. Load More Comments

            Go to Top