Lethal pill , Bitter bill :
The recent move demonetizing the high denomination currencies was lethal as well as bitter .It was lethal for the targeted group of perpetrators and traitors , and bitter for the law abiding citizens .
No doubt in the process we had to undergo certain inconveniences. The first day news was a shock. We did have to wait in queues for 30 to 90 minutes once the exchange process and Banking operations started . Most of all we were allowed to deposit any amount of the demonetized currencies.
What more we need , so long as it was white . Once you deposit in you’re A/C can withdraw 10 K in a day and 20 K in a week. That should suffice for a common man.
Petrol bunks are not expected to dispense change . They are expected to accept these notes, probably for full payment to the value of the concerned note . With petrol prices @ 67 to 74 per liter , there shouldn’t be any problem for Cars ,S.U.V.’s and heavy vehicles to tender a few 1,000 notes as full payment; it will be a tall order for the 2 wheeler owners to buy more than 8 liters at a time to tender even a 500 note.
* Some thing should be done for 2 wheeler owners ,like buy Rs.300 worth and take back 200 . Any way things should settle down as the worst days are over .
I remember the days when Gen. Ne Win froze all bank accounts of Indians in in the then Burma [Mianmar] asked Indians to leave in 1963 . Most of us came back with a paltry sum barely enough to survive for a few days . But now here the government had offered a lot of avenues to reduce the inconveniences and give us back our money [only after paying the tax the money becomes ours.].
Haven’t we been given bitter pills and bitter decoctions to eradicate worms from our system. This move is similar to that . We the law abiding citizens put up little patience and cooperate with the move to put an end to or drastically reduce the greed of a section and put an end once for all for all the terrorist activities that we have been facing .
So in the long run it is BETTER PILL for us .
The picture of Temporary crowd in Banks and Bunks these few days attached.
What a mammoth operation it is ! what a bold step it is !! What a rewarding step it would be for the NATION and us!!! more
No doubt in the process we had to undergo certain inconveniences. The first day news was a shock. We did have to wait in queues for 30 to 90 minutes once the exchange process and Banking operations started . Most of all we were allowed to deposit any amount of the demonetized currencies.
What more we need , so long as it was white . Once you deposit in you’re A/C can withdraw 10 K in a day and 20 K in a week. That should suffice for a common man.
Petrol bunks are not expected to dispense change . They are expected to accept these notes, probably for full payment to the value of the concerned note . With petrol prices @ 67 to 74 per liter , there shouldn’t be any problem for Cars ,S.U.V.’s and heavy vehicles to tender a few 1,000 notes as full payment; it will be a tall order for the 2 wheeler owners to buy more than 8 liters at a time to tender even a 500 note.
* Some thing should be done for 2 wheeler owners ,like buy Rs.300 worth and take back 200 . Any way things should settle down as the worst days are over .
I remember the days when Gen. Ne Win froze all bank accounts of Indians in in the then Burma [Mianmar] asked Indians to leave in 1963 . Most of us came back with a paltry sum barely enough to survive for a few days . But now here the government had offered a lot of avenues to reduce the inconveniences and give us back our money [only after paying the tax the money becomes ours.].
Haven’t we been given bitter pills and bitter decoctions to eradicate worms from our system. This move is similar to that . We the law abiding citizens put up little patience and cooperate with the move to put an end to or drastically reduce the greed of a section and put an end once for all for all the terrorist activities that we have been facing .
So in the long run it is BETTER PILL for us .
The picture of Temporary crowd in Banks and Bunks these few days attached.
What a mammoth operation it is ! what a bold step it is !! What a rewarding step it would be for the NATION and us!!! more
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Leaving this week multi opportunity , GOI has to stipulate Account Opening in BANKS / POST OFFICES for Exchange . The process of Account Opening shall take only half an hour with Zero Balance even and this only controls the fraudulent multi exchange from 17th November . On Sat, Nov 12, 2016 at 7:20 PM, Thirukkurungudi Rengarajan < support@localcirclesmail.com> wrote: > more
Nov 13
One humble request to Mr. Jayakumar Daniel: please try to publish this thru some Tamil Newspaper to enlighten the tamilnadu people. Thank You. more
Nov 12
advantages are : NH are w/o toll, Post Office functioning till 8 pm, banks working overtime.. more
Nov 12
the trouble is because of non-co-operatives banks (banks supporting opposition parties) who kept their ATMs closed for no valid reason. more
Nov 12
As narrated above , the procedure opted & set was at the interest of 80% general public and they are naturally adjusted other than those on Travel on 8th night and 9th / 10th maximum . The rush at Bank Branches are due to the natural tendency and also the usage of discounted Notes / others' s Notes . We all know the daily life routine and usage of currency of various denominations . The provision of using any identity card [ R , V , R , P , T , Aadhar Card etc., ] has given opportunity do utilize in various Branches by members of Family too repeatedly in these 2 days . more
Nov 12
