Saturday, 27 April 2024

 

 

LATEST NEWS Mann's roar in Majha!, starts AAP's election campaign in Gurdaspur for Shery Kalsi Mann in Amritsar -When the people of Majha make up their minds, they do not sway, this time they have decided to make AAP win Congress will provide 50 percent reservation to women in jobs: Lamba Haryana CEO takes first-of-its-kind initiative, State Voters to receive Wedding-Style Invitations for General Elections Wheat procurement gains pace as agencies procure 334283.4 MT grains Governor Shiv Pratap Shukla presents Road Safety Awards From Siliguri to a Chai Empire: How a Women Entrepreneur Brew a Successful Tea selling brand CHAIOM Science Fest organised at Rayat Bahra University Detaining the colonizer is a highly condemnable act - Gurjit Singh Aujla AIMS Mohali Observes DNA Day Vigilance Bureau Arrests Patwari Accepting Rs 10,000 Bribe For Mutation Of Land Vigilance Bureau Nabs Senior Assistant For Taking Rs 20,000 Bribe Vigilance Bureau Nabs Reader Of Sho Nri Police Station Taking Rs 20,000 Bribe SANY Heavy Industry India Pvt Ltd Expands Presence with Grand Opening of Raghunath Machinery HO in Rayagada, Odisha Ideathon 2K24 held at CGC Jhanjeri, 160 teams from various colleges participated Retailers Discuss Ways to Stay Ahead of the Curve at the RAI Hyderabad Retail Summit 2024 Bobby Deol Drives the Badass Seltos Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid-to long-term Mobility Strategic Commitments Rupnagar police arrest accomplice of attackers involved in murder of VHP leader Vikas Prabhakar Complete exercise of identifying critical polling stations within this week : Sakshi Sawhney The impact of the Deputy Commissioner Dr. Senu Duggal strictness, a record jump in lifting in two days

 

People suffer due to cash crunch in Telangana, Andhra

Listen to this article

Web Admin

Web Admin

5 Dariya News

Hyderabad/Vijayawada , 29 Nov 2016

Three weeks after demonetization of high value currency, people in both Telangana and Andhra Pradesh continue to face hardships.There was no relief for the common man on the 20th day on Tuesday as people stood in long queues at banks and ATMs to draw cash.At the regional office of Reserve Bank of India (RBI) in Hyderabad, people stood in queue since early morning to exchange the scrapped notes with new currency note of Rs 2,000."I am standing here for four hours. I earn Rs 300 every day but I will lose this income today because I am here to exchange four old notes of 500 each," said K. amakrishna, a daily wage worker.With the month coming to an end, people were worried how to meet the monthly expenditure like paying rent and school fees for children.There was no cash board at some bank branches in Hyderabad. At others there were long queues, testing people's patience.At the ICICI Bank branch at Kukatpally Housing Board Colony, customers lodged their strong protest over non-availability of cash. They entered into an argument with the bank employees. The bank staff, however, expressed their helplessness. The staff argued that they had disbursed whatever cash they received for the day.The situation was no different at the ICICI branch at Toli Chowki. 

The shutters were downed before noon. Some customers were seen pleading with the staff to allow them to draw the cash. They complained that the branch was citing cash crunch for last 10 days and the staff was not allowing them to draw more than Rs 6,000 in a day.There was no improvement in the situation in public sector banks or their ATMs. Only 10 to 15 percent ATMs were functioning. With new note of Rs 500 is yet to reach Hyderabad, there was no relief in sight for the people.A daily wage labourer in Nandikatkur in Kurnool district of Andhra Pradesh attempted suicide by consuming poison as he was not able to get change for Rs 2,000 for the last four days. His family members said he was depressed as nobody was giving change for the high value note.Angry customers damaged window panes of Andhra Bank branch at Amaravati in Guntur district as the bank had no cash.There was also heated argument between customers and bank officials at another bank branch at Pratipadu in Guntur district. Customers protested against what they said was the rude behavior of the bank staff.

 

Tags: Demonetisation

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD