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Showing posts from January, 2017

DEMONETISATION: FROM THE EYES OF A COMMON MAN

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US Moinuddin, Author, Environmentalist, Educationist, Motivational Speaker Bangalore: When the Prime Minister of India, Narendra Modi dropped a bomb on the unsuspecting citizens of India, that Rs 500 and Rs 1000 notes would be scrapped, followed by restrictions in the banks to withdraw the cash. There was utter chaos across the nation, and a panic attack prevailed in the society. Dreadful long queues to deposit the 500 and 1000 Rupee notes which they had in their custody, and a “quest” to withdraw money for their day-to-day expenses from their banks, became a nightmare of every citizen. To make the matters worse, the situation was terrible across the ATMs, where every individual was forced to withdraw only Rs 2000 per day, in a matter of a few hours, the ATMs would run out of cash. Withdrawing money from the Banks and ATMs became a regular job to many people. The situation was much more horrible in the towns, villages and the outskirts of cities, where there were just a han...