Demonetisation hits Chicken sales

Demonetisation hits Chicken sales
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Highlights

Kasturibaipet chicken shop owner Murthy said that non-vegetarian sales have been dropping from last week onwards due to lack of Rs 100, new Rs 500 and Rs 2,000 notes. “Chicken shop owners are facing many problems in the city and they faced hard time from last week onwards,” he said.

Vijayawada: Non-vegetarian consumption reduced more than 50 per cent in the city on Sunday after the ban on Rs 500 and Rs 1000 notes on November 8.

Chicken shop and restaurants owners have been suffering for want of adequate sales in the city mostly on Sundays. People have been busy at the all banks and post offices for exchange of currency notes.

Kasturibaipet chicken shop owner Murthy said that non-vegetarian sales have been dropping from last week onwards due to lack of Rs 100, new Rs 500 and Rs 2,000 notes. “Chicken shop owners are facing many problems in the city and they faced hard time from last week onwards,” he said.

He said that he was not able to pay Rs 10,000 rent, current bill and salaries to the staff at this juncture due to lack of sales from last month onwards. “After demonetisation, which coincided with Karthika Masam, Telugu people preferred not to eat non-vegetarian food,” he said. These two reasons severely hit the non-vegetarian market in the State,” he added.

Restaurants are facing crisis and they have not crossed the minimum turnover per day. RR Joints, a non-vegetarian shop, owner Nagaraju said that about 60 per cent fall in sales during last week. Hotel owners were making less quantity of non-vegetarian food items, he said.

He also mentioned that public are not spending their money for buying unnecessary items because all the banks were allowing only Rs 2,000 per day to the each account holder to withdraw from the debit card at ATMs.

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