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Man dies in queue as cash scramble continues

Updated: November 15th, 2016, 23:12 IST
in Uncategorized
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People in the  queue outside Bank OF Dena at G.B.Road  to exchange their old Rs 500 and 1000 notes in New Delhi on Sunday.in New Delhi 13 ,November ,2016 Photo By Qamar Sibtain/Mail Today

People in the queue outside Bank OF Dena at G.B.Road to exchange their old Rs 500 and 1000 notes in New Delhi on Sunday.in New Delhi 13 ,November ,2016 Photo By Qamar Sibtain/Mail Today

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Mumbai/Hyderabad, Nov 15: The scramble for cash spawned by demonetisation a week ago assumed frantic proportions Tuesday as people descended outside banks in droves in the wee hours fearing ATMs may run dry and another death of an elderly man standing in queue being reported from Hyderabad.
Tens of thousands of people lined up hours before banks opened in towns and cities across the country to exchange or deposit or withdraw money, a day after a public holiday in several states, even as the grim situation showed no signs of abating. Small businesses also continued to be hit hard with lack of patrons who were scurrying for small change.
Laxman Rao, a retired government employee who came alone to Marredpally branch of a state-run bank in Hyderabad to deposit `1.5 lakh, collapsed at the bank’s entrance.
“He collapsed on the bank’s entrance steps and the policemen on duty immediately shifted him to a nearby hospital where doctors declared him brought dead,” Deputy Commissioner of Police (North Zone) B Sumathi said.
“He died of heart-ailment…He had once earlier suffered a heart-attack and had been operated upon,” the DCP said based on preliminary investigation. He was native of Anantapur district in Andhra Pradesh.
As banks opened after a day’s break, Mumbai and suburbs witnessed greater scramble for cash with people making a beeline before banks and ATMs to exchange old currency notes and withdraw cash for essential expenses.
The BJP-led government in Maharashtra decided to set up a cabinet sub-committee to recommend further measures to mitigate the hardships of the people due to demonetisation.
“The cabinet meeting reviewed the situation arising out of the Centre’s move to scrap `500 and `1,000 currency notes,” an official in the Chief Minister’s office said.
“My wife is admitted in Bethany hospital of Thane. Hospital management is not accepting cheque and insisting only on pay orders. Even medical stores are not accepting `500 and `1,000 notes. I fail to understand what to do? These are the worst days of our life,” said Om Prakash Joshi while recounting his ordeal since last week.
To the relief of some customers, the ATMs were found to be working better as compared to previous days.
In the wake of the problems faced by citizens while exchanging demonetised currency, Maharashtra Police also set up grievance cells in all district and commissionerates.
Frustration writ large on their faces, people continued to throng banks and ATMs desperate to exchange or deposit demonetised `500 and `1,000 notes across Tamil Nadu even as there was no let up in the milling crowds a week after withdrawal of the currency.
The famous Koyambedu vegetable market, which receives almost 500 truckloads of vegetables from various southern states every day, wore a deserted look because lack of patronage from customers and small retailers.

Boy kills self over small denomination notes
Bulandshahr: A 17-year-old boy allegedly committed suicide here over not possessing smaller denomination notes, police said Tuesday. Sumit, a class 12th student of Jaypee Vidyapeeth, was found hanging from the ceiling at his house in Anoopshahr area yesterday, Circle Officer Shrestra said. The boy had asked his mother to give him smaller denomination notes, but she refused him as she herself was running out of cash, police said. A case has been registered following a complaint by the deceased’s grandfather Mohan Singh, Shrestra said. Sumit’s father is employed with the Border Security Force.
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