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  1. Demonetisation: Sitaram Yechury, Maneka Gandhi and other MPs share how note-ban affected their living

Demonetisation: Sitaram Yechury, Maneka Gandhi and other MPs share how note-ban affected their living

Amid continuing public distress and chaotic situations outside banks and ATMs, following the implementation of the note-ban policy by the Modi government, Member of Parliament (MPs) had also, seemingly, been affected.

By: | New Delhi | Published: December 3, 2016 4:46 PM
last day, demonetisation, rs 500, rs 1000, notes, old notes, new notes, narendra modi, banks, atm, atms, demonetisation india, narendra modi Following the implementation of the note-ban policy by the Modi government, Member of Parliament (MPs) had also, seemingly, been affected by the Prime Minister’s newly introduced policy. (PTI)

Citing the rise in the flow of black money in the country Prime Minister Narendra Modi, on November 8, had implemented the demonetisation policy, following which there had been acute cash crunch in the country, with the ban on old currency notes of higher denomination. Amid continuing public distress and chaotic situations outside banks and ATMs, following the implementation of the note-ban policy by the Modi government, Member of Parliament (MPs) had also, seemingly, been affected by the Prime Minister’s newly introduced policy.

Speaking to The Indian Express, a few such MPs had shared their experience in coping up with the cash crunch since November 8.

Speaking of the unavailability of enough usable cash, post implementation of the anti-graft policy by the center, CPI (M) general secretary Sitaram Yechuri claimed that while the cash crunch if practically existing, the senior leader had to take things on credit because of the certain degree of credibility he has. The CPI (M) leader said that while people offer him to go forward in the ‘never-ending’ queues outside banks/ATMs, he don’t think it right to do so and as result his wife and children had to stand for hours outside ATMs, even as the money machines ran out of cash. Yechury questioned the implementation of the policy putting an ban or restriction on currency notes, asking the importance of a policy which doesn’t allow people to get money for essential things like medicines.

However, Women and Child Development Minister Maneka Gandhi, had a softer tone towards demonetisation. While she refused to comment much on the issue, Gandhi claimed that the ban on notes hadn’t affected the BJP leader much as she leads a very conservative lifestyle and had ‘spent old notes in Kendriya Bhandaar to buy ration’. Sources close to the Union Minister claimed that she had not visited any bank/ATM, as yet.

Trinamool Congress (TMC) MP, Kakoli Ghosh Dastidar, said that she had to be always calculative before buying anything since the lack of enough change, after Rs 500 notes were banned and Rs 2,000 notes were introduced. The TMC leader expressed agitation on the new Rs 2,000 notes and mentioned that it is very much difficult to buy milk, bread or petrol with a currency note of such high denomination.

Congress’ Pratap Singh Bajwa also claimed to have faced problems buying household groceries and stated that he had to request the grocer in Chandigarh to accept old notes, which he had promised to replace later. The Congress Rajya Sabha MP said that following the implementation of the note-ban policy, it had been difficult for people to pay taxi-drivers, cooks or gardeners. Bajwa had also stressed on the difficulty the policy has created for the farmer and those trying to organize wedding ceremonies.

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