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@Haber
01:32
INDIA - Demonetization
India demonetization scenario is still continuing. Today, December 1st was the salary day for most of the Government/ Private employees and also the pensioners pension allotment day.
Many of the banks were made some arrangements to control the long queues but many places it goes beyond the limits.
After the announcement made by Prime Minister of India on November 8th evening the country is facing unprecedented cash deficiency.
State bank of Travancore employees Association vice president K.S. Krishna said “ Unless Reserve bank of India intervening the sufficient currency in the coming days situation will be most alarming “ . He said at Thiruvananthapuram of Southern Indian State Kerala.
Most of the employees and pensioners were rushed to the bank in the early morning hours. At present an account holder could withdraw only Rs 24000 ( USD 351.06 ) in a week .
Dr Sasi Kumar a pensioner has said that he managed to get the money.” I came here to get my pension, there is a limit for withdrawal, only can withdraw Rs 24000 , I requested for Rs 23000 (USD 336.43 ) and I got it , I was in the queue three or four persons were in front of me . ( SOUNDBITE was in Malayalam language )
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