Monday, December 22, 2025
ADVT 
Interesting

British Indians Sending Old Notes Home On Flights With Friends

Darpan News Desk IANS, 29 Nov, 2016 01:27 PM
    British Indians are calling for an extension to a deadline which could see some of their cash become worthless by the end of December, as part of Prime Minister Narendra Modi's shock decision earlier this month to abolish Rs. 500 and Rs. 1,000 banknotes.
     
    The looming December 30 deadline has rattled many British Indians, who make up 2.5 per cent of the population of England and Wales according to a 2011 UK government census, because the notes can only be exchanged in India.
     
    "I have been getting hundreds and hundreds of calls," said the president of the National Congress Of Gujarati Organisations UK (NCGO), CJ Rabheru.
     
     
    "They have no clue what the hell is happening," Mr Rabheru said, adding that many of his members are confused by rumours regarding the status of their cash in a move that he said was likely to affect at least 1 million people in Britain.
     
    Although supportive of Mr Modi's effort to fight counterfeiting, Mr Rabheru said many people are scrambling to find flights to India or asking friends and relatives to carry cash for them.
     
    The notes are being abolished in a move to crack down on forgeries and the shadow economy but the withdrawal of denominations that account for 86 per cent of the cash in circulation in India have brought India's cash economy to a virtual standstill.
     
    Britain's longest-serving Indian-origin lawmaker Keith Vaz has called on Mr Modi to extend the deadline for foreign nationals until mid-2017.
     
    "The Indian government should be commended on this bold and courageous policy, and I completely understand why they have taken these steps," Mr Vaz was quoted as saying.
     
    "However, the rupee recall has inadvertently caused concern and distress to many members of the Indian diaspora community who live abroad who fear they will be unable to exchange their currency by the deadline in December."
     
    Mr Vaz has written to Bank of England Governor Mark Carney asking for a solution to allow British Indians to exchange their bank notes in the UK.
     
    "Why do we have to go to India to exchange our currency? That I don't understand," said Mahendrasinh Jadeja, vice president of the British Organisation of People of Indian Origin.

    MORE Interesting ARTICLES

    Mother Lets Son, 11, Drive Golf Cart At Resort, Gets Jailed And Charged For Child Abuse

    Mother Lets Son, 11, Drive Golf Cart At Resort, Gets Jailed And Charged For Child Abuse
    Julie Mall tells The Charlotte Observer her son asked to drive the cart two blocks back to their rented cottage on Bald Head Island on July 26

    Mother Lets Son, 11, Drive Golf Cart At Resort, Gets Jailed And Charged For Child Abuse

    Hearing For Alleged Peace Bond Violations By Internet Black Widow Sets New Date

    Hearing For Alleged Peace Bond Violations By Internet Black Widow Sets New Date
    Police have alleged 80-year-old Melissa Ann Shepard broke the conditions of her peace bond in April after an officer on his beat happened to recognize her in the Halifax Central Library and observed her using a computer.

    Hearing For Alleged Peace Bond Violations By Internet Black Widow Sets New Date

    Indian Students Win Six Awards At Intel Competition In USA

    Indian Students Win Six Awards At Intel Competition In USA
    Indian students have won six awards at the Intel International Science and Engineering Fair (ISEF) in the US where New Delhi's Shreyas Kapur was declared the grand winner of the "Google Thinking Big Award."

    Indian Students Win Six Awards At Intel Competition In USA

    Best Of Your Sex Life Begins At 40: Canadian Study

    Far from resulting in loss of libido, reaching 40 could actually make your sex life more adventurous, says a study.

    Best Of Your Sex Life Begins At 40: Canadian Study

    Kicking The Habit: Adult Smoking Rate In US Is Falling Fast

    Kicking The Habit: Adult Smoking Rate In US Is Falling Fast
      The rate of smoking among adults in the U.S. fell to 15 per cent last year thanks to the biggest one-year decline in more than 20 years, according to a new government report.

    Kicking The Habit: Adult Smoking Rate In US Is Falling Fast

    NYC Incident Sparks Debate About Etiquette Between Tourists And Street Performers

    NYC Incident Sparks Debate About Etiquette Between Tourists And Street Performers
    When Montreal folk singer Jason Deeh Pitre performs for tourists in front of the stately Notre-Dame Basilica, he doesn't solicit money if someone asks him to be in on a souvenir snapshot.

    NYC Incident Sparks Debate About Etiquette Between Tourists And Street Performers