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Some of the customers have been paying in Rs 2,000 notes while buying fuel worth only Rs 100 for their two-wheelers: Petrol pump worker
The PM comes up with some 'arbitrary' decisions to water down the negative sentiments, says the Shiv Sena (UBT) leader
As these notes were not printed since FY19 and account for only a minuscule part of the overall currency in circulation, this step will not inconvenience the commoner in any measure. It will also flush out illegally hoarded wealth
Real estate experts point out that unlike demonetization in 2016 when the impact was greater as sales were slow and the market was struggling, this time round it may be limited to the secondary market or land deals in peripheral locations.
The former finance minister also said that withdrawing both the Rs 1000 and Rs 500 currency notes were a grave mistake, one that had not been accepted by the people of the country.