People continue to endure De-mon pain

IT has been 50 days since the demonetisation of high value currency notes but the chaos attached to it has not settled down yet.

Published: 31st December 2016 02:05 AM  |   Last Updated: 31st December 2016 04:35 AM   |  A+A-

By Express News Service

DHENKANAL: IT has been 50 days since the demonetisation of high value currency notes but the chaos attached to it has not settled down yet. Bank and construction workers are still disappointed due to delay in getting their money which has in hampered execution of works.

According to sources, all branches of Nationalised banks have not received Rs 100 notes for over 25 days which has led to inconvenience for people who have big plans in the year end. All ATMs are dispensing only Rs 2000 and Rs 500 notes and as there is restriction on Rs 24,000 per week, people are again rushing to banks for smaller denominations.

The SBI main branch here which usually gets 250 to 300 customers a day has been witnessing a rush of 700 to 750 customers in the last few days. Shortage of staff in the branch has hit services in changing  policy and customers stand in queue for hours affecting their official works, told bank officials.

On the other hand, construction workers are moving from pillar to post to get their benefits. However, Labour department officials said we have adequate money for construction workers claims in SBI main branch and fault lies with the bank concerned. The main branch sources said, after the demonitisation move Government and bank officials are busy changing their software for which it becomes difficult to transfer money to construction workers accounts. As many as 400 construction workers claims remain pending with banks, bank officials admitted.

On the other hand, several small businessmen who had applied for Point of Sale (POS) machines have not received ecen after a month.

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