Demonetisation hits weddings

Scrapping Rs 500 and Rs 1,000 notes has come as a setback for bride, groom and also for wedding planners

sakshi

Sakshi Kuchroo | November 10, 2016 | New Delhi


#Corruption   #Bank Notes   #Black Money   #Cashless Economy   #Rs1000   #Rs500   #Weddings  

Anjali Thakur, a resident of Indirapuram, Ghaziabad is getting married on November 15. Her wedding preparations are on full swing. However, as the government has scrapped Rs 500 and Rs 1000 notes, it has become a challenge for her to complete tasks that have to be dealt in cash. “The timing of scrapping these notes is really bad. The wedding season has just started. I am getting married in 5 days, how am I supposed to go to the bank, stand in long queue for the whole day and then go for shopping? I don’t have time for all this. There is so much to do,” she says. 

Anjali shares that her savings account has no money left and that she had kept cash for rest of her shopping. “At least the government should have given us some buffer time,” she says.

With the onset of wedding season, scrapping of Rs 500 and Rs 1,000 notes has come as a setback for people who are in the wedding business.

Ankit Mishra, a wedding photographer from Delhi says, “We are in a profession which deals in cash on a daily basis. Some payments are now held up. The cash exchange amount of Rs 4,000 [till November 24] and withdrawal of Rs 2,000 per card [per day] is too less, given the amount of payments we need to make.” Presently, Mishra is trying to carry out online transaction.

Ananya Garg, a bridal trousseau designer, has an interesting account to share. “I attended a wedding just a day after these notes were scrapped. I had earlier put a Rs 1,000 note inside an envelope and forgot about it. I then gifted them the envelope. I wonder how many people had done the same. Yes, it is funny but we can’t ignore the fact that the common man is definitely facing trouble in some way or the other,” she says.
 

Comments

 

Other News

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter