1. Demonetisation: One more death after stampede in queue outside SBI bank in Uttar Pradesh

Demonetisation: One more death after stampede in queue outside SBI bank in Uttar Pradesh

As the Prime Minister attempts to curb the flow of black-money in the country, by initiating ban on currency notes, at least 35 had lost their lives, in the struggle to grab new usable cash.

By: | New Delhi | Published: November 21, 2016 8:58 PM
One more person had died in a stampede outside the State Bank of India (SBI) branch in Deoria of Uttar Pradesh, earlier today. (ANI) One more person had died in a stampede outside the State Bank of India (SBI) branch in Deoria of Uttar Pradesh, earlier today. (ANI)

With chaotic situation continuing outside banks and ATMs since the Narendra Modi government had implemented the demonetisation policy, one more person had died in a stampede outside the State Bank of India (SBI) branch in Deoria of Uttar Pradesh, earlier today. As the Prime Minister attempts to curb the flow of black-money in the country, by initiating ban on currency notes, at least 35 had lost their lives, in the struggle to grab new usable cash.

Public distress had erupted since the central government had implemented the demonetisation policy, following which there had been a ban on currency notes of the denomination Rs 500 and Rs 1,000. And as the anti-graft policy is about to complete its 2nd week of implementation, cash-starved people had been still seen waiting for hours, in ‘never-ending’ queues, outside banks and ATMs, to exchange their old currency notes and get a grab of the new ones.

The demonetisation policy had also resulted in a political storm throughout the country, with opposition leaders blaming the Prime Minister and the central government for hampering the normal living of common people. With continuous political uproar and heated debates by opposition leaders, the parliamentary houses had been witnessing repeated adjournments since Wednesday. The Rajaya Sabha and the Lok Sabha had been adjourned today, till tomorrow.

And people keep struggling outside banks and ATMs in an attempt to collect usable cash for their daily needs, the death toll keeps rising, with most of the casualties reportedly caused out of exhaustion after standing on long queues for hours.

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