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Demonetisation: Recalling the agony, pain inflicted by note-ban on citizens

As India Marks The First Anniversary Of Demonetisation The Narendra Modi-led Government Is Selling It As A Remedy For Everything From Black Money To Terrorism, While The Opposition Terms The Move As Biggest Scam In Indian History.

News Nation Bureau | Edited By : Neha Singh | Updated on: 08 Nov 2017, 02:20:52 PM
Demonetisation: Recalling the agony ,pain inflicted by noteban on citizens (File Photo)

New Delhi:

As India marks the first anniversary of demonetisation the Narendra Modi-led government is selling it as a remedy for everything from black money to terrorism, while the opposition terms the move as biggest scam in Indian history. 

Till date, sudden appearance of Prime Minister Narendra on television reminds people of November 8, 2016 evening when he announced that Rs 500 and Rs 1000 notes were no longer legal tenders and the government will introduce new Rs 500 and Rs 2,000 notes. 

demonetisation move
demonetisation move

The legal tenders were to go void after midnight but many shopkeepers and business houses had denied accepting old Rs 500 and Rs 1000 currency notes soon after the prime minister announced his demonetisation move.


Everyone across the country started scratching their houses in search of all hidden notes to deposit them in the banks as Modi had announced last day to deposit the notes was December 31.


The second Wednesday of November witnessed a mad rush to the ATMs, which continued for next few weeks till new currency notes of Rs 500 and Rs 2000 notes were available. People were seen standing like zombies in front of banks to get the banned notes exchanged for new one.

standing in bank queues
standing in bank queues

The lined extended to more than kilometers in certain parts of the country. In Delhi and adjoining areas people were seen standing in bank queues even before first light of the day fearing bank may run out of cash.

According to opposition more than 100 people were killed between October 18 and December 31. However the government figures claim the numbers to be 38.

Deaths reported post demonetisation

# A businessman in Faizabad, Uttar Pradesh, and a man in Kanpur reportedly died of severe chest pains immediately after PM Modi's 8 November announcement.

# An 8-year-old girl died in Uttar Pradesh after being allegedly deprived of medical attention. According to reports, the minor's father was turned away from a petrol pump after he tried to pay them with an old note of Rs 1,000 and was delayed while on his way to the hospital.

# An employee of the Kerala state electricity board, fell from the second floor and died while trying to deposit slip for Rs 5 lakh

# A 73-year-old man, Vishwanath Vartak died after he collapsed waiting in a queue at a State Bank of India branch at Navghar.

# An 18-month-old girl died in Vishakapatnam after a private hospital refused to accept old notes.

# A farmer died in a bank queue at Gujarat's Tarapur town, while he was waiting to withdraw money to pay his workers.

# A 70-year-old retired school teacher died after waiting for eight hours at the State Bank of India's Madhogarh branch to withdraw money for his daughter's wedding. He suffered a cardiac arrest.

# A 70-year-old retired government employee collapsed and died while waiting in a queue at an Andhra Bank branch in Secunderabad.

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First Published : 08 Nov 2017, 02:08:34 PM

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