Food and drinks workers' income affected by demonetisation

Image
IANS Kolkata
Last Updated : Dec 01 2016 | 7:14 PM IST

A slump in consumption resulting from demonetisation of high value currency has impacted earnings of workers who serve in restaurants and bars across cities and many of contractual workers were also laid off, a workers' union said on Thursday.

"Banning of Rs 500 and Rs 1,000 notes has pulled down the sales of many restaurants and bars across cities. Footfalls have also been down. Our tips income, which are a major part of our monthly earnings, came down drastically in the last three weeks," said Mahammad Nazim, a worker in a city-based restaurant, on the sidelines of a conference of Indian National Food and Drinks Workers' Federation (INFDWF).

Likewise, Mahadeb Das, who works in a bar, said: "If the customers pay in cards, our tips income will definitely dip."

INTUC-backed INFDWF President C.P. Singh said: "We have about 11-11.5 lakh members in India. Salaried workers are not able to get their monthly salary and many workers are not getting jobs in bars and restaurants. Workers who serve in bars and restaurant are not highly paid and a marginal dip could hard them a lot."

The organisation is not against the move, but the objection was on the way it has been implemented, he said.

"According to estimations, it will take seven months to replace the notes which was taken out of the circulation. Workers will die if the cash crunch prolongs," said the union's General Secretary and INTUC's West Bengal President Ramen Pandey.

He also that sales of the restaurants and bars, on an average, dipped by 50 percent, particularly on weekends and rush days. "As a result, contractual workers are not getting their jobs on weekends and many of them have been laid-off," he said.

--IANS

bdc/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2016 | 7:04 PM IST

Next Story