Demonetization: NO BLACK or WHITE It's PINK!

AAM-ADMI is patiently waiting in queues bearing all hurdles that they are encountering to support massive 'Nation Clean-Up' call of our P.M Narendra Modi. But news flooding in from national News-Channels like CNN-18 are depicting How common man is waiting in queue for long-term benefit, while money launderers are easily accessing the cabins of Bank managers to exchange their filthy baggage of 'black' to 'white'. Cynics are opining that demonetizing has given opportunities for new way of making easy money for Bankers and the Programme on CNN-18 was rightly titled as 'PINK is NEW BLACK'! Though this post is not a report of any sting operation, But it tries to narrate interesting facts that have happened in city of Bengaluru in past three weeks. 

Interesting story is majority of Bengaluru ATM's are dispensing 2000 I.N.R currency notes and for common man to obtain lower denomination change amount has become hurricane task. I have personally encountered this problem in Karnataka State Road Transport Corporation- K.S.R.T.C Buses when I had to travel in Shivamogga (shimoga) route, as Bus conductors are reluctant to board passengers without exact tender change. Small vocal-fights between conductors and passengers for CHANGE amount is common phenomenon observed in Today's buses plying to various parts of Karnataka from Bangalore.

TENDER CHANGE & TENDER COCONUT VENDOR  TURMOIL

Interesting incidence is reported from Malleshwaram Railway station locality of city by leading daily newspaper 'Prajavani', A customer had taken tender-coconut water costing 20 Rupees and offered 2000 I.N.R to the street side hawker, whose total investment on material itself was not exceeding 2000 rupees. This 'PINK' currency is creating havoc of all sorts among common man. As the hawker had no currency to give change to the customer and customer was demanding the hawker to take change amount from any of the neighboring shops, a dead-lock situation was encountered and finally someone has intervened and suggested the customer to get change from home and then collect the monumental 2000 I.N.R from the tender coconut hawker.read more...

PLASTIC MONEY IN DEMAND

Debit-cards and credit cards with Pay-TM type of wallets are being embraced by even small shop keepers of the city. As it has been told by Mr. Nandan Nilekani, (the brain behind AADHAR CARDS), It is the right time to digitize India. Many small shop keepers are offering credits to locals of their areas so that business is not lost.    

GROUNDNUT FAIR -'Kadle Kayi Parshe' & Tender Change 

Last year Kadle kayi Parshe of Basvanagudi had witnessed NO-Plastic Bags revolution and many customers were offered with Cloth bags by B.M.S.C.E college students as Govt. had introduced law to Ban plastic bags in city. This year the customers who thronged the 'Parshe' (FAIR) were asked to bring Bags with TENDER-CHANGE as a direct effect of demonetization. Personally in last three weeks four time venture into ATM counters has landed me with 2000 Rupees and only once I got 100 Rupees. So AAM ADMI of Bengaluru are being 'PINK-ed' in last three weeks in this process of changing 'BLACK' to 'WHITE'

LAST SIP  

College girl and boy standing in queue outside ATM, Boy says to his girl friend, "Yacc, I am fed up with that PINK paper coming out of ATM!" 

Jai Hind, Jai Karnataka!