Close X
Tuesday, November 26, 2024
ADVT 
Interesting

British Indians Sending Old Notes Home On Flights With Friends

Darpan News Desk IANS, 29 Nov, 2016 01:27 PM
    British Indians are calling for an extension to a deadline which could see some of their cash become worthless by the end of December, as part of Prime Minister Narendra Modi's shock decision earlier this month to abolish Rs. 500 and Rs. 1,000 banknotes.
     
    The looming December 30 deadline has rattled many British Indians, who make up 2.5 per cent of the population of England and Wales according to a 2011 UK government census, because the notes can only be exchanged in India.
     
    "I have been getting hundreds and hundreds of calls," said the president of the National Congress Of Gujarati Organisations UK (NCGO), CJ Rabheru.
     
     
    "They have no clue what the hell is happening," Mr Rabheru said, adding that many of his members are confused by rumours regarding the status of their cash in a move that he said was likely to affect at least 1 million people in Britain.
     
    Although supportive of Mr Modi's effort to fight counterfeiting, Mr Rabheru said many people are scrambling to find flights to India or asking friends and relatives to carry cash for them.
     
    The notes are being abolished in a move to crack down on forgeries and the shadow economy but the withdrawal of denominations that account for 86 per cent of the cash in circulation in India have brought India's cash economy to a virtual standstill.
     
    Britain's longest-serving Indian-origin lawmaker Keith Vaz has called on Mr Modi to extend the deadline for foreign nationals until mid-2017.
     
    "The Indian government should be commended on this bold and courageous policy, and I completely understand why they have taken these steps," Mr Vaz was quoted as saying.
     
    "However, the rupee recall has inadvertently caused concern and distress to many members of the Indian diaspora community who live abroad who fear they will be unable to exchange their currency by the deadline in December."
     
    Mr Vaz has written to Bank of England Governor Mark Carney asking for a solution to allow British Indians to exchange their bank notes in the UK.
     
    "Why do we have to go to India to exchange our currency? That I don't understand," said Mahendrasinh Jadeja, vice president of the British Organisation of People of Indian Origin.

    MORE Interesting ARTICLES

    CNN Gets Big Boost In Canada From Election Coverage

    CNN Gets Big Boost In Canada From Election Coverage
    The Atlanta-based U.S. cable news network has seen ratings soar in Canada in the run up to the presidential election, "Trumping" the competition.

    CNN Gets Big Boost In Canada From Election Coverage

    Los Angeles Prosecutors Charge Body-Shaming Playboy Model

    Los Angeles Prosecutors Charge Body-Shaming Playboy Model
    Los Angeles prosecutors have charged a Playboy model who took a photo of a naked woman in a gym locker room and posted it to social media with insulting comments about the woman's body.

    Los Angeles Prosecutors Charge Body-Shaming Playboy Model

    Video: Northeast Girl Was Discriminated At Delhi's Jama Masjid And People Are Fuming

    Video: Northeast Girl Was Discriminated At Delhi's Jama Masjid And People Are Fuming
    The video was shared by Union Minister Kiren Rijiju, who said he'll personally follow the matter.

    Video: Northeast Girl Was Discriminated At Delhi's Jama Masjid And People Are Fuming

    Watch: Chinese Boy Fantastically Completes Fastest 1,000 Rope-Jumps

    Watch: Chinese Boy Fantastically Completes Fastest 1,000 Rope-Jumps
    The teenager pitched against five members of the national team reached his goal in mere 2 minutes 47 seconds.

    Watch: Chinese Boy Fantastically Completes Fastest 1,000 Rope-Jumps

    US Student Asked Neighbour To Keep It Down In The Bedroom, Got This Reply

    US Student Asked Neighbour To Keep It Down In The Bedroom, Got This Reply
    Jenna Levine from Syracuse University has Twitter LOL-ing after she posted this hilarious note addressed to her noisy neighbour:

    US Student Asked Neighbour To Keep It Down In The Bedroom, Got This Reply

    Pakistani Friend's Visa Rejected, Bride-To-Be Tweets To Sushma Swaraj

    Pakistani Friend's Visa Rejected, Bride-To-Be Tweets To Sushma Swaraj
    Purvi Thacker, a journalist, vented her ire on social media and tagged Ms Swaraj's official Twitter handle yesterday, hoping for a response.

    Pakistani Friend's Visa Rejected, Bride-To-Be Tweets To Sushma Swaraj