Note ban blues continue

Note ban blues continue
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Highlights

Adding fuel to the fire, only the bank-attached ATMs across the district are dispensing nominal amounts, whereas outsourcing ATMs were completely shut down for the last 15 days.While daily labourers are still struggling to secure regular work due to slump in construction sector, several businesses like electronics, automobiles, real estate, restaurants etc are yet to recover from the shock and eff

Nalgonda: Even after 50 days of demonetisation, the hardships of common man are yet to fade away. Still, people, old and young, standing in serpentine queues at banks and ATMs to withdraw amounts from their accounts are seen across the State.While the cap of Rs 24,000 per week from banks, including Rs 2,500 from ATMs per day, still continues, disbursement of high-value denomination notes of Rs 2,000 by the banks and ATMs are giving headaches to the common man, who is still finding hard to get the necessary change.

Adding fuel to the fire, only the bank-attached ATMs across the district are dispensing nominal amounts, whereas outsourcing ATMs were completely shut down for the last 15 days.While daily labourers are still struggling to secure regular work due to slump in construction sector, several businesses like electronics, automobiles, real estate, restaurants etc are yet to recover from the shock and effect of demonetisation.

On Thursday, The Hans India interacted with persons from various walks of life to collect their opinions and hardships. Terming the Centre’s move a vision-less one, Laxmi Narsimha, a senior citizen of Cherlapalli village of Nalgonda, said that common people were suffering a lot due to demonetisation and urged the government to restore normalcy at the earliest before people take to the streets.

Congress farmer wing leader Jagal Reddy of Kangal mandal lamented that farmers were unable to get the required money to take Rabi cultivation and stated that he never encountered such a situation during drought conditions.Madhavi and Hema, graduate students of Nalgonda, informed that their parents had cut

down their monthly pocket money from Rs 1,000 to 300 after note ban.Ramulamma, a fruit vendor of Miryalaguda, rued that her business fell to 50 per cent due to cash crunch.A manager of a nationalised bank in Nalgonda, on condition of anonymity, told that they were feeling guilty when their customers stare at them for not having the full rights to withdraw their amounts from the accounts. He expressed apprehension that present situation might damage the credibility of the banking sector.

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