Cash Line: Demonetisation woes in Manipur

arun

Arun Kumar | December 8, 2016 | Manipur


#Rs 500   #old notes   #bank notes   #black money   #cashless economy   #cash crunch   #Manipur   #demonetisation   #Rs 1000   #currency  


Demonetisation has been testing the patience of the public across the country. Imphal, the capital of Manipur, is no exception. 
 



Banks and ATMs have been the most important spots of the city since the announcement.



In an attempt to withdraw the new currency and deposit the old one, people have been lining up before banks from as early as 1 am before they open the next morning.



What is witnessed are queues running on till the eye can see, and people waiting anxiously in a hope that cash does not get exhausted before their turn comes up.



Demonetisation gets a mixed response from the people of Imphal with some praising the move while others, like shopkeepers, complaining about the drop in business.



To ensure law and order, police and armed forces have been deployed heavily.



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