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

Going generic

While the centre has encouraged drug stores that sell generics (as opposed to branded medicines) under the Jan Aushadhi scheme, states have obtained mixed results in the implementation. In Andhra Pradesh, for instance, there are few stores selling generics, but they are unique in that they are run by all-w

PNB fraud: Former RBI deputy governor had warned about SWIFT

A top Reserve Bank of India official had waved the red flag, a year back, regarding the SWIFT messaging system. SWIFT was used in a fraud amounting to Rs 11,000 crore at a Punjab National Bank branch that benefited billionaire diamond jeweler Nirav Modi.   Former RBI deputy gover

What happened to Anshu Prakash

Delhi chief secretary Anshu Prakash’s claim that he was manhandled by Aam Aadmi Party (AAP) lawmakers in the presence of Delhi chief minister Arvind Kejriwal has kicked up a storm. Here is what transpired on Monday night and the events that unfolded through Tuesday.  

Is banks` messaging system SWIFT secure enough?

Is banks` messaging system SWIFT secure enough?

Modi post Modi: “It is a question of your leadership…”

Diagnosing what ails India’s governance, Bihar chief minister Nitish Kumar used to name three units or offices that are so corrupted that they are beyond redemption: village patwaris, police station darogas and Railways ticket collectors. In his stint as executive head of Bihar, he seems to have incl

Could RTI have saved banks from scams?

Could RTI have saved banks from scams?

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter