The Banks will function on Saturday, Sunday and Mondya without any holiday . The public can deposit old notes and take new notes as per the requirement and the guidelines set by the Government. On the other hand poor people are the worst sufferers in the National Capital as the meagre life savings they were all in Rs. 500 denominations.
A day after Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs 1,000 notes, chaos reigned in the national capital as people struggled to gather change.
The worst hit were the poorer lot as they were left with no money even to go about their daily routine. Many were even caught unaware of the finer details of the new rules as they approached anyone and everyone to seek instructions on what to do next.
In Hyderabad , Rajayya , a driver, had no breakfast on Wednesday. “I have Rs 10,000 in big notes, but just Rs 10 in loose change. I have just had tea, no breakfast. No one is willing to help me,” he said.
Padmamma , a workers wife in nearby area of Old city said she was illiterate and did not know what to do with her savings of Rs 3,000. Mamata , borrowed Rs 300 from his employer to feed his family. “I have already spent Rs 120. What will I do when my stock ends,” he questioned.
Shopkeepers said they were losing out on business. Yasin, a tomato seller in Okhla Mandi said no one was willing to offer him Rs 100 notes. “My tomatoes are perishable items. I will be ruined,” he said. Similarly it is the case with fish sellers.
A banana seller, said he had no customers despite being in business for two hours on Wednesday. “Customers are visiting me with the only hope of getting change for their big currencies. I am not in a position to help them,” he said.
At the city’s metro stations, chaos reigned in the morning hours as commuters found themselves faced with notices announcing that Rs 500 and 1000 notes wod not be accepted for recharge.
Several shopkeepers, meanwhile, refused to oblige even their regular customers carrying the banned notes. “If someone is willing to purchase vegetable worth Rs 450, I will accept their Rs 500 notes,” said Jayanth, a vegetable vendor.
More or less it is a chaos and confusion among the rich and poor. The rich are thinking as to how to hide the money in future and how to get the old notes changed. While the poor wants to know what to do for the next day.
