Tuesday, December 23, 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

    Richest Live Longer But Gap Not As Dismal In Some US Cities

    Richest Live Longer But Gap Not As Dismal In Some US Cities
    CHICAGO — The richest Americans live at least 10 years longer on average than the poorest, but that gap isn't as wide in many communities, especially affluent, highly educated cities, a major study found.

    Richest Live Longer But Gap Not As Dismal In Some US Cities

    Review: Star Trek Ultimate Voyage

    Review: Star Trek Ultimate Voyage
      Produced by CineConcerts, known for its trademark multimedia symphony experiences, Ultimate Voyage features an orchestra ranging between 40 and 90 instruments playing music from both the television and movie series.

    Review: Star Trek Ultimate Voyage

    Utah Family's Dog Plummets 300 Feet During Hike, Survives

    Utah Family's Dog Plummets 300 Feet During Hike, Survives
    Utah family's dog is recovering after surviving a 300-foot fall.

    Utah Family's Dog Plummets 300 Feet During Hike, Survives

    Goat Breaks Free, Goes On Starbucks Run In California

    Goat Breaks Free, Goes On Starbucks Run In California
    ROHNERT PARK, Calif. — Police say a goat apparently needed a caffeine fix when it wandered into a Starbucks in Northern California.

    Goat Breaks Free, Goes On Starbucks Run In California

    Holi Celebrated In Egypt

    Holi Celebrated In Egypt
    Amid gaiety and cheerful music, hundreds of Egyptians and foreigners celebrated on Friday the annual Holi festival that was sponsored by the Indian embassy in Cairo.

    Holi Celebrated In Egypt

    E-Card Not Enough? Etiquette Experts Debate Moving Past Handwritten Notes

    E-Card Not Enough? Etiquette Experts Debate Moving Past Handwritten Notes
    Cara Paiuk and her husband Alex sent thank-you cards following their engagement and wedding, but she candidly confesses she's not a fan of the handwritten missives.

    E-Card Not Enough? Etiquette Experts Debate Moving Past Handwritten Notes