After Prime Minister Narendra Modi made announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight, people across Delhi, including Delhi, are rushing to ATMs and shops to get hold of Rs 100.
Some residents visited local ATMs to deposit Rs 1,000 and Rs 500 they had in their possession, according to sources. Welcoming the announcement as a move to fight black money, a resident said the move has put residents, including housewives, into deep trouble.
“Just think about those housewives who don’t have Rs 100 with them. I don’t know how to manage things for a day as even local shopkeepers have denied giving change. Moreover, shopkeepers are not willing to take Rs 500 and Rs 1,000. Let’s see how things shape,” said Rozy, a stay-at home mother of two.
Several residents were taken aback by the unexpected announcement made the PM in a televised address to the nation.
“Currency notes of Rs 1,000 and Rs 500 will be just paper with no value,” said Narendra Modi.
“A few people are spreading corruption for their own benefit,” he said, adding that “corruption and black money is (sic) something we have fought for immediately after assuming office…There is a time when you realise that you have bring some changes in society, and this is our time to feel the same.”
After watching the addressed, a resident said when he went to a pharmacy to buy medicine the shopkeeper didn’t return change.