Close X
Friday, November 29, 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

    Woman Charged After Hundreds Of Rats Removed From Ontario Apartment

    Woman Charged After Hundreds Of Rats Removed From Ontario Apartment
    NORTH BAY, Ont. — Humane society officials say a woman is facing charges after hundreds of rats were removed from a one-bedroom apartment in North Bay, Ont.

    Woman Charged After Hundreds Of Rats Removed From Ontario Apartment

    Ottawa, Ontario Give Grants Of $42M Each To Honda For Ontario Plant

    Ottawa, Ontario Give Grants Of $42M Each To Honda For Ontario Plant
    ALLISTON, Ont. — The federal and Ontariogovernments are each providing Honda Canada with grants of up to $41.8 million for upgrades and research and development at its operations in Alliston, Ont.

    Ottawa, Ontario Give Grants Of $42M Each To Honda For Ontario Plant

    Marco Muzzo Argues For Reduction In $25M Lawsuit For Drunk-Driving Deaths That Killed 4

    Marco Muzzo Argues For Reduction In $25M Lawsuit For Drunk-Driving Deaths That Killed 4
    A drunk driver who killed three children and their grandfather in a collision north of Toronto in 2015 says he is liable for the crash, but argues the amount of damages sought by the family of his victims is too high.

    Marco Muzzo Argues For Reduction In $25M Lawsuit For Drunk-Driving Deaths That Killed 4

    Victoria Faces Property Shortages While More Move In For Lifestyle Change

    Victoria Faces Property Shortages While More Move In For Lifestyle Change
    VICTORIA — It's still the dead of winter in much of Canada, but in Victoria daffodils and crocuses are about to begin sprouting, marking the unofficial signal to start another real estate season for anxious home buyers and sellers.

    Victoria Faces Property Shortages While More Move In For Lifestyle Change

    Ex-Medic In Military Court To Face Charges Of Sex Assault, Breach Of Trust

    Ex-Medic In Military Court To Face Charges Of Sex Assault, Breach Of Trust
    GATINEAU, Que. — A former Canadian Armed Forces medical technician appeared today in military court for pre-trial arguments on charges stemming from examinations he performed at Ontario recruiting centres.

    Ex-Medic In Military Court To Face Charges Of Sex Assault, Breach Of Trust

    Border Agency Weighed Torture Risk Before Allowing Chinese Official's Testimony

    Border Agency Weighed Torture Risk Before Allowing Chinese Official's Testimony
    The Canada Border Services Agency also scrutinized Wei Huang's history to see if he should even be allowed to enter Canada to testify in the case of Shiyuan Shen, a refugee claimant wanted in China for alleged fraud, court documents show.

    Border Agency Weighed Torture Risk Before Allowing Chinese Official's Testimony