 "Demonetisation Effect: Bank branch staff slogging it out on their own")
Pointing to the moving cars on the road, a tea stall owner at a busy commercial street near Company Bagh in Amritsar compared the consequences of notebandi or demonetisation to a traffic pile-on. He averred that the withdrawal of all Rs 500 and Rs 1000 notes, accounting for over 80% of the currency in circulation at the time, was akin to applying the brakes on the country’s trajectory and the ensuing slowdown in economic activity no different from a car crash.
In a quick survey of 35 respondents in the commercial areas around Company Bagh and Lawrence Road in Amritsar,
