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Demonetisation: Twitterati fumes as govt plans to use indelible ink for money exchange

But will this really stop multiple currency exchanges at banks?

By: Trends Desk | Kolkata | Published:November 15, 2016 7:53 pm
demonetisation, indelible ink, demonetisation ink mark, bank ink mark, Narendra Modi, Shaktikanta Das,curency ban, currency exchange, currency exchange ink mark, demonetisation policy, currency demonetised, currency notes, currency banned, Rs 500 note, Rs 1000 note, india news, indian express Many suggested that the move was quite insulting to the common people.

As a latest measure added to the demonetisation drive adopted by the government to curb black money, it was announced that indelible ink will be used to mark the fingers of those who exchange notes. The decision was announced on Tuesday (November 15) by Shaktikanta Das, Secretary Economic Affairs, to prevent repeated conversions.

While announcing the move, Das said there are the long queues outside banks and ATMs as many have been exchange money multiple times. He also said that because of these repetitive people, the exchange scheme has not been able to help those who really need it.

The sudden decision to abolish all Rs 500 and Rs 1,000 notes from November 9 has led to a financial crisis-like situation for many, and there have been some tragic fall-outs as well. The serpentine queues have angered many, and unfortunately even claimed a few lives. Though the announcement was hailed and lauded as a ‘surgical strike’ against black money, corruption and terrorism, as the woes of people increase, the temperament seems to be changing now.

The decision to use indelible use on people, like the one used during elections, did not go down well with Netizens and Opposition leaders. Bengal Chief Minister Mamata Banerjee yet again slammed the government, saying the move shows “this govt distrusts the common people”. Veteran journalist Shekhar Gupta called the move “Currency rationing”.

People questioned how rational the move was as there is already a restriction in place on exchanging and withdrawal of currency notes. Twitter users also expressed their anger on the micro-blogging site, few said this was “madness” while some tried to deal with humour.

Sample some of the reactions here:

 

What do you think about the indelible ink idea? Tell us in the comments below.