Close X
Monday, December 2, 2024
ADVT 
National

NRIs, Others Feel Heat Of Demonetisation; Wait In RBI Queues

Darpan News Desk, 12 Jan, 2017 12:19 PM
    Tempers ran high outside the central bank branches as people coming from long distances were denied entry by guards on the grounds that they were not carrying the requisite documents.
     
    After residents, NRIs and People of India Origin (PIO) are now braving long queues to exchange the old Rs 500/1000 notes at 5 designated RBI branches across the country but because of stringent conditions several of them have had to return disappointed. 
     
    Tempers ran high outside the central bank branches as people coming from long distances were denied entry by guards on the grounds that they were not carrying the requisite documents. 
     
    Many NRIs complained that they are not allowed to speak to officials who could at least listen to their grievances. 
     
    "Though I have foreign passport, I still have roots in India. Our family comes to India every year. We have few Indian currency notes and we want to exchange them but we are not allowed to enter RBI. Mr Prime Minister are we supposed to burn Indian currency that we have?," said Ritu Diwan, an agitated US national. 
     
    This unnecessary harassment simply indicates that PIOs are no more welcome to the country of their birth, she added. 
     
    Dharamveer, another US national, said PIOs generally keep some amount of Indian currency as they frequently visit India because there is no point in paying commission on exchange of currency on each visit. 
     
     
    "Any PIO who regularly visits India would easily have Rs 50,000 to Rs 1 lakh worth of Indian currency and I challenge the government to prove this as black money and forfeit this from us", he said, adding that "this money, we don't spent in the country where we live but country of our origin". 
     
    "It is by chance that we are here at this time and wanted to exchange few currency but we are not allowed to do so. It is very frustrating," he added. 
     
    Many PIOs who were turned away protested that they don't have crores of rupees but only few thousands which the administration should exchange. 
     
    Frustrated at the "high-handedness of RBI" and the "government policy", there are reports of NRIs throwing defunct Indian currency at the gate of RBI as a mark of protest. 
     
    Besides PIOs, many Indian who failed to deposit junked currency notes during the 50-day demonetisation period are also being turned away after standing in the queue for hours. 
     
    Disappointed at the flip-flop of the government on the issue, Ram Kumar said Prime Minister in his November 8 address had said that people would have time till March 31 to exchange their old notes at the RBI. 
     
     
    Hoping against hope some are coming repeatedly thinking that if they were lucky they would be allowed by the security guards to enter RBI office for exchange of scrapped currency notes.

    MORE National ARTICLES

    Patients Being Treated In Hallways At Overwhelmed Hospital In Kelowna, B.C.

    Patients Being Treated In Hallways At Overwhelmed Hospital In Kelowna, B.C.
      Kelowna General Hospital is in the midst of one of its busiest times of year, currently operating around 30 per cent over capacity.

    Patients Being Treated In Hallways At Overwhelmed Hospital In Kelowna, B.C.

    Justin Trudeau Won't Attend Donald Trump's Inauguration Ceremony

    The Canadian Prime Minister will not attend the inauguration of the US President-elect on January 20 in Washington.

    Justin Trudeau Won't Attend Donald Trump's Inauguration Ceremony

    Suspect Arrested In Abbotsford, B.C., Connected To Robbery Spree: RCMP

    Suspect Arrested In Abbotsford, B.C., Connected To Robbery Spree: RCMP
    RCMP say they've connected a robbery spree in Chilliwack, B.C., to an arrest made in Abbotsford.

    Suspect Arrested In Abbotsford, B.C., Connected To Robbery Spree: RCMP

    WATCH: Indian-Origin Blind Man Puts Camera On Dog To Film Discrimination In London

    WATCH: Indian-Origin Blind Man Puts Camera On Dog To Film Discrimination In London
      Amit Patel lost his eyesight five years ago to an eye disease known as keratoconus.

    WATCH: Indian-Origin Blind Man Puts Camera On Dog To Film Discrimination In London

    2 Men Facing Charges After Taking Turns Driving The Same Car, Ontario Police Say

    2 Men Facing Charges After Taking Turns Driving The Same Car, Ontario Police Say
    NORWOOD, Ont. — Ontario Provincial Police say two men who took turns driving the same car are both facing charges.

    2 Men Facing Charges After Taking Turns Driving The Same Car, Ontario Police Say

    Two Bodies Removed From Duplex That Caught Fire In Stephenville, N.L.

    Two Bodies Removed From Duplex That Caught Fire In Stephenville, N.L.
    STEPHENVILLE, N.L. — The bodies of two people were recovered from a duplex that caught fire in western Newfoundland early Friday.

    Two Bodies Removed From Duplex That Caught Fire In Stephenville, N.L.