Nation heading towards dead currency!

Petition Closed

Nation heading towards dead currency!

This petition had 25 supporters
Kshitiz Mishra started this petition to Supreme Court of India and

When 86% of the running Rs.1000/- & 500/- notes are swapped by the higher denomination of 2000/-, aren't we moving towards scarcity and making our currency dead.

What are we waiting for?

In couple of days we will be facing a problem due to which a customer and a shopkeeper will both be keen for transaction but when they would go to the the payment counter, both of them are helpless as no one has a change of 100/- notes & those who have, are spending it very Carefully. For eg. 1650/- payment seems impossible at the moment.

Govt. is urging public to support for 50 days .  OK done!! But what when the majority of notes in circulation will be 2000/- after the estimated 2 months from now!?

Today they're standing helpless for new currency, tomorrow the public will be standing helpless for getting change for their money!

Ask any local vendor  how much pain he is in. I'm not making a petition ki govt. should call off this scheme. No, not at all. This will toh do more damage.

What my point to the govt. is that either circulate new 500/- notes with much more speed & efficiency or launch some e- wallet under the supervision of RBI where the local vendors & poors are taught to use virtual currency!

We all appreciate the step by our prime minister but agree that govt. wasn't Fully ready for this strategy.

Sign this petition as soon as possible so that the public doesn't head towards dead currency & the exchange of money (both at local and national level) remains easy in the coming future..

To, 

The Supreme Court Of India & The honble President of the country.

Petition Closed

This petition had 25 supporters

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