shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > Mumbai > Mumbai News > Article > Demonetisation Mumbais vendors have no change to return for Rs 2000

Demonetisation: Mumbai's vendors have no change to return for Rs 2000

Updated on: 13 November,2016 09:50 AM IST  | 
Rupsa Chakraborty |

For Mumbaikars, the elation at being the first to get their hands on the new Rs 2,000 note lasted only as long as they tried to spend it at shops. Most found that no one had the change for the high-value note

Demonetisation: Mumbai's vendors have no change to return for Rs 2000

Ramakanth Jaiswal, a juice shop owner at Parel rued that he had no change to give
Ramakanth Jaiswal, a juice shop owner at Parel rued that he had no change to give


For Mumbaikars, the elation at being the first to get their hands on the new '2,000 note lasted only as long as they tried to spend it at shops. Most found that no one had the change for the high-value note.


Shreesh Jambgi, a marketing professional from Nariman Point, who got a '2,000 note two days ago, says the note has been worthless so far. “Shopkeepers have refused to accept it. Yesterday, I went to buy groceries worth '200, but the shop owner said he did not have '1,800. Shops at Viviana Mall (Thane), too, refused to accept the note. People are suffering because they don’t have the new notes, but I am suffering despite having them,”

Ramakanth Jaswal, a juice shop owner at Parel, said, “If people buy goods worth '2,000, then we accept such notes. Banks have not yet got the new '500 notes, so giving change is near impossible.”


Chandresh Patel, a businessman at Dahisar, has been struggling even to buy essentials for the past two days. “For me, the note is just a showpiece. I stood in line for three hours for this note, now can’t use it,” said Patel.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK