Thursday, December 25, 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

    Alcoholic Women In Rehab More Likely To Have Their Babies Seized At Birth: Study

    Alcoholic Women In Rehab More Likely To Have Their Babies Seized At Birth: Study
    The study by researchers at the University of Manitoba also suggests that being in the three-year program helped women regain their children in the long run.

    Alcoholic Women In Rehab More Likely To Have Their Babies Seized At Birth: Study

    Study Finds Depression Often Goes Unrecognized, Cutting Into Worker Productivity

    Study Finds Depression Often Goes Unrecognized, Cutting Into Worker Productivity
    The findings have been published in the Journal of Occupational and Environmental Medicine.

    Study Finds Depression Often Goes Unrecognized, Cutting Into Worker Productivity

    Nicaraguan Dog To Be Flown To Ottawa For Snout-saving Surgery

    Nicaraguan Dog To Be Flown To Ottawa For Snout-saving Surgery
    An Ottawa veterinarian is preparing to fly in a dog from Nicaragua to perform snout-saving surgery.

    Nicaraguan Dog To Be Flown To Ottawa For Snout-saving Surgery

    Are You Ready To Party With Mika Singh In Vancouver !!!

    Are You Ready To Party With Mika Singh In Vancouver !!!
    It was going to be an awesome party with MIKA SINGH & his group but the sheer number of his fans thronging various venues surprised and shocked the local promoters and even Mika as well as he started his Canadian tour last weekend.

    Are You Ready To Party With Mika Singh In Vancouver !!!

    Believe It! Washing Dishes Reduces Stress

    Believe It! Washing Dishes Reduces Stress
     New research has found that washing dishes with full concentration may calm the mind and reduce your stress.

    Believe It! Washing Dishes Reduces Stress

    Indian-Origin Make-Up Artist Designs LED Bodysuit For Miss Universe Australia

    Indian-Origin Make-Up Artist Designs LED Bodysuit For Miss Universe Australia
    Melbourne-based Jyoti Chandra, 28, designed the suit with a rendition of Sydney Harbour's New Year's Eve fireworks as a part of a national costume competition to deck out Australia's representative at the Miss Universe international final

    Indian-Origin Make-Up Artist Designs LED Bodysuit For Miss Universe Australia