New Delhi: After effects post the demonetisation of the two big currency notes do not seem to end as reports have come that the newly launched Rs 2,000 note has not proved a perfect replacement.
According to latest reports, people are not able to utilise Rs 2000 notes in the market as shopkeepers do not have enough change to give back to consumers.
The nation was stunned on Tuesday after Prime Minister Narendra Modi in a landmark decision banned Rs 500, 1000 notes to crackdown on black money and corruption. The entire nation has supported this move by the Prime Minister, even when they are facing inconvenience.
However, in a view to help out people, the government earlier today extended the use of banned notes for paying public utility bills till November 14.
Prime Minister in his address to the nation on Tuesday had announced that in order to put a menace and crackdown on black money, the government will demonitise Rs 500 and Rs 1,000 currency notes and they will be replaced by new Rs 500 and Rs 2,0000 notes which will be available in the ATMs from November 11.
First Published | 11 November 2016 9:49 PM