Topic: How 500-1000 Currency Notes AFfecting you Guys? - page 2. (Read 2230 times)
I haven't been deeply scarred or affected by this initiative. Modi's Government chosen the right path to regulate and refine the Banking industry and to curb corruption, fake currencies and black money. Like advertised on TV's and radio's, it's going to be a bit difficult in the initial days standing in long queues at banks to deposit and exchange (with the exchange limits in place and this getting lesser as well), but at the end of the day it's the essence of victory that we should feel when it comes to those black money hoarders living on peoples hard earned cash without contributing back to the Government for the nations development.
For me, it did not make any difference as I mostly use my debit/credit cards and that day I did not have any 500/1000 notes as I had change available. I was about to withdraw cash when the news came out and then after 2 days, I got the new notes. It is affecting many shops in my area as barely there are people buying from them due to shortage of currency.
You were lucky enough to have change available with yourself, as I was just having one 500 note with me when the announcement was made, and as nobody except banks were taking the note at my place, I stayed hungry for 3 days. No doubt it was my fault that I didn't go to banks due to my laziness, but this step affected me in that way.
For me, it did not make any difference as I mostly use my debit/credit cards and that day I did not have any 500/1000 notes as I had change available. I was about to withdraw cash when the news came out and then after 2 days, I got the new notes. It is affecting many shops in my area as barely there are people buying from them due to shortage of currency.
Yes of course, it affects me a lot. Not only me, most of the peoples were affected. I didn't received this month's salary because, a person can withdraw only Rs.4000 per day so my owner cannot afford to give us the salary and he didn't kept his money on hand.
Obviously I don't have tons of cash in hand and most of it is in 500/1000's. So definitely has affected me and my family in the short term, but I am rooting for the bigger good. Hopefully the cause it aims to achieve can be successful.
It has effected each and everyone of the country persons. For black money hoarders thinking what to do and for people who dont have much money left thinking when will they get money from the bank.
HI all members,
After 8th November 2016, how the demonetization of 500-1000 currency notes are affecting you?
Will it be beneficial for common people? What are your views my dear friends?
ajayghayal
It doesn't affect me,goverment is doing right thing in introducing new notes as it will decrease the illegal thing done by notes.but it will not affect bitcoin dark marketplace. After 8th November 2016, how the demonetization of 500-1000 currency notes are affecting you?
Will it be beneficial for common people? What are your views my dear friends?
ajayghayal
HI all members,
After 8th November 2016, how the demonetization of 500-1000 currency notes are affecting you?
Will it be beneficial for common people? What are your views my dear friends?
ajayghayal
After 8th November 2016, how the demonetization of 500-1000 currency notes are affecting you?
Will it be beneficial for common people? What are your views my dear friends?
ajayghayal
Jump to: