Demonetisation: People should not be harried, says AIADMK

Image
Press Trust of India Chennai
Last Updated : Nov 12 2016 | 9:48 PM IST
AIADMK today said efforts should be made to ensure that the common man is not harried by the demonetisation move even as it affirmed that black money should be rooted out and welcomed scrapping of 500 and 1000 rupee notes.
Stating that the common man was affected by factors like non-availability of change, non-functioning of a section of ATMs and difficulty in getting currency from banks after the demonetisation move, AIADMK spokesperson C R Saraswathy said such aspects needed to be looked into by central authorities.
"We are for rooting out blackmoney. We welcome it. But common man should not be harried by the demonetisation move. Efforts should be taken to ensure that the common man is not affected," Saraswathy told PTI.
She said factors including non-availability of change in view of demonetisation has "caused a huge impact ... This has affected the common man."
"Half of the ATMs are shut. Long, unending queues are witnessed in banks (to withdraw and deposit cash).
"Even if people exchange scrapped notes in banks, they only get Rs 2,000 notes... What they will do with such high value notes, they do not get change... People are affected," she said.

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: Nov 12 2016 | 9:48 PM IST

Next Story