There
are long lines outside banks and ATMs in order to exchange old notes. However,
the crowd is uncontrollable at some places, because people are repeatedly
standing in queues in order to get more notes exchanged.
However,
the government has found an option to this. Now, the banks will put an
indelible ink mark on the fingers of people, after they have exchanged their
notes. Yes, this is basically for preventing repeated conversions!
This
move has been announced mainly for controlling the large crowds outside bank
branches. It is taking almost 4 to 5 hours for people to get their cash
exchanged.
This
move was announced today morning by Shaktikanta Das, the Secretary of Economic
Affairs. He further said explained that the government took this decision,
because there were many people who tried converting black money to white money
smartly, by making multiple visits to the banks.
He
said
“The
reason for long queues at banks and ATMs is that the same people keep coming
again and again at different places. We have received reports that many people
are trying to convert black money into white and they have organised groups of
people and are sending them to exchange money.”
Further,
Das added “To solve this problem, we have decided to use indelible ink marks,
similar to elections, at cash counters… This will start today in major cities,”
Moreover,
he also requested people to not believe any rumors on social media. Let us see
if this decision helps to control the crowd at the bank.
Source
: RVCJ
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