In Parliament on Thursday, former prime minister Manmohan Singh said that the demonetisation move by the government has caused the common man and small businesses much hardship, dubbing its implementation as 'monumental' mismanagement. The former prime minister further said that what has been done can weaken and erode people's confidence in the currency and banking system.
The news updates on the 15th day since the demonetisation of higher denomination notes, show how the people involved might cause hardships, as compared to the scheme itself.
A three-year-old girl allegedly died wile her labourer father waited in a queue to withdraw money from a bank in Uttar Pradesh, for her treatment, according to a Hindustan Times report.
Dharmendra was standing in line at the Allahabad UP Grameen Bank in Tindwari in Banda to get money to treat his three-year-old daughter, Ankita's high fever. He got her to the bank with him on Monday and wanted Rs 2,500 from his account, and had even filled the form. Though, people let him go ahead in the queue, he alleged that the bank manager refused to give him cash. And by the time he stepped out of the bank his daughter passed. Some angry villagers blocked the Banda-Fatehpur road, demanding action against the manager but it was lifted when police promised to take action.
Nine-year old's death
An unwell nine-year-old died, before his father could rush him into the nearest medical facility in Mansar on Thursday, according to a report by The Indian Express. Mohammad Haroon, the father, said he had to walk for 30 kilometres through hills and forests in from Doonga village, in Jammu and Kashmir, because he did not have any currency notes to pay for travel. He possesed Rs 29,000 in scrapped notes but could not get it exchanged in two Jammu and Kashmir Bank branches. However the managers of both branches have said that he should have approached them and conveyed the urgency of the situation.
Samba district magistrate Sheetal Nanda has sought a report over the incident, however she feels that Haroon's bank visits have not led to the child's death.
Driver flees with Rs 1.37 crore cash
Giving a slip to the security guard and two bank employees, a contract driver of a logistics firm fled with Rs 1.37 crore in cash in a van from a busy road in the city centre on Wednesday in Bengaluru, according to an IANS report.
The incident occurred between 2-3 pm when the accused Domnic, 45, drove away with the cash and vanished after the two employees went inside Bank of India's KG Road branch, while the guard got down from the vehicle to attend nature's call, Deputy Commissioner of Police MN Anucheth. The cash in the form of Rs 2,000 new notes and Rs 100 notes were part of the amount the logistics firm (Logi-Cash) collected from two other banks in the city earlier in the day.
Rs 60 lakh found in RKM
Two unclaimed bags with Rs 60 lakh in demonetised Rs 500 and Rs 1000 currencies were recovered from Laitumkhrah premises of Ramkrishna Mission in the Shillong, near the temple, and handed over to the Income tax officials, police said on Wednesday.
Allegedly the bags were actually found on 12 November but the RKM officials at Laitumkhrah took time to report since they had waited for a nod from their headquarters in Kolkata. Since the RKM cannot accept donations from anonymous donors and that they had to put the same in the book of accounts, the matter was reported to the police days after. The identity of the person who kept the huge cash at the premises also remained untraced since the organisation installs CCTVs only during pujas.
Pig in the row
A piglet queued up in front of an ATM in Hyderabad, says a report by The Times of India.
'Bunty', the white piglet who plays a lead role in the upcoming Telegu film Adhugo, was in the arms of the film director Ravi Babu who had stopped to withdraw some money. Allegedly, Bunty felt uncomfortable in the car, and the director decided to bring him out for some air. His assistant director clicked the picture that is now going viral.
— BBC News (World) (@BBCWorld) November 24, 2016
With inputs from agencies
Published Date: Nov 24, 2016 14:33 PM | Updated Date: Nov 24, 2016 14:33 PM