Ahmedabad: Days after the government announced the unforeseen demonetisation of high value denomination currency notes, businesses, including movie theatres and shopping malls have been are heavily affected.

The ban on Rs 500 and Rs 1,000 impacted theatre business in Ahmedabad, Gujarat. Ticket sales in the theatres decreases fell due to lack of currency notes. Incidentally, Gujarat was ranked 4th in Google Trends (India) on Friday when it came to the search term ‘how to convert black money to white’.
 
Meanwhile, a man watched a movie alone in alone in the empty theatre. People avoided watching movies and heavy shopping due to the during lack of currency notes.
 
“Sale of tickets has come down. This currency ban has impacted our business but we still support the initiative,” Rakesh Patel, a theatre owner in the city, said.
 

 

Due to the large number of anxious population seeking immediate relief, reports of panic-triggered incidents were few but persistent across the nation.

Kerala witnessed panic and chaos after ATMs quickly ran out of cash as thousands crowded banks for a second day to deposit or withdraw money.  There were agitations among people in Noida as most ATMs including those of ICICI Bank, Canara Bank and Corporation Bank, were reportedly not operational.
 
 
Due to the large number of anxious population seeking immediate relief, reports of panic-triggered incidents were few but persistent across the nation.
 
Kerala witnessed panic and chaos after ATMs quickly ran out of cash as thousands crowded banks for a second day to deposit or withdraw money.  There were agitations among people in Noida as most ATMs including those of ICICI Bank, Canara Bank and Corporation Bank, were reportedly not operational.

First Published | 11 November 2016 6:26 PM
Download English News App and stay updated with all Latest News. For News in English, follow us on