POST DEMONETIZATION!
10 days post demonetization was a hectic period with every one keeping themselves busy with the deposit of their old currencies and withdrawing the new 2000 Notes released along with 100 Notes as well as the lower denominations over the bank counters..
- Simultaneously switching over to the card and internet payments wherever possible!
- Making available 2000 Notes, limited to issue of one note per day/per account!
- Sighing and saying that he had just Rs 1800 in his account!
The 3 wheeler driver with me as his passenger requested me on a day to accommodation his 14 yr son too along with me to leave him for a while at a specific ATM on the way to keep his queue number as he could complete a few near by trips and
- Wait for a call from his boy that his turn was due!
- Which were instantly preserved carefully for exigencies!
- A few nearby ATMs were loaded with 500 Notes with the daily limit simultaneously enhanced to Rs 4500!
- 'Let's hope the machine does not dispense one old 1000 and 500 Note each!'
- Suddenly the machine made a big sound and to my surprise straight away delivered a 2000 Note!
- 'I can draw one 500 Note only as my account has just Rs 700 balance!'
- Thus saving my precious energies of walking up to the ATM and return empty handed!
- To answer me on other banking queries with the life coming to a semi normal state!
- One issue was crystal clear during this 10 weeks time that passed Viz.,
- 'In Democracy all are equal but some are more equal!'
Keyword: Demonetization
I believe, the super-well-offs and well-offs, you are mentioning had probably smooth transition during demonitization period, because, they were already working cashless, using all possible means. I, myself, never had to visit bank during that time. I was infact surprised, that I did not carry even a single 500 or 1000 rs note with me to get exchanged. Looking at the brighter side, even people who were unaware or were ignoring the change towards cashless, are actively trying to learn all new methods of transaction.
ReplyDeleteI agree with what you say and sure people got partly adjusted to cashless transactions but what I mentioned at the end pertains to one issue that ever needs to be addressed and but many times never addressed thru' what ever reforms brought around Viz., Has the life of the weakest man around become a little better or the usual exploration and pressure of life on him/her remain the same? If the answer is positive or would be positive in the coming days, sure the right job is done.. Thanks for the good comment here!
DeleteAnd thanks too for promoting the Post on G+!
DeleteYou said it Sir.
ReplyDeleteThanks Jitendra.. A few Realities of life!
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