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

    A Garden's Now More Than A Garden: Trying To Help The Planet (And Look Good Doing It)

    A Garden's Now More Than A Garden: Trying To Help The Planet (And Look Good Doing It)
    From the biggest botanical gardens to the smallest backyard plots and terraces, there's a movement underway to make gardens work harder for the environment.

    A Garden's Now More Than A Garden: Trying To Help The Planet (And Look Good Doing It)

    Getting A Jump On Tomato Season: How To Time Indoor Planting Just Right

    Getting A Jump On Tomato Season: How To Time Indoor Planting Just Right
    Occasional warm, spring-like breezes and longer hours of sunlight kindle an urge in me to plant tomatoes, starting them indoors, of course.

    Getting A Jump On Tomato Season: How To Time Indoor Planting Just Right

    Women Prefer To Click Selfies From Right-hand Side

    Women Prefer To Click Selfies From Right-hand Side
    If your girlfriend insists on clicking her selfie from the right-hand side, then she is not alone. Women ensure that the camera always captures their best side -- and almost half of women say that they will always turn a particular way when confronted with a camera.

    Women Prefer To Click Selfies From Right-hand Side

    Flexible Working Hours Make Workers Happy: Study

    Flexible Working Hours Make Workers Happy: Study
    Allowing workers to choose the slot of hours they want to work in is good for their well-being, says a study from Loughborough University, England.

    Flexible Working Hours Make Workers Happy: Study

    Indians Spend Over 13 Hours Each Week On Cooking: Study

    Indians Spend Over 13 Hours Each Week On Cooking: Study
    People in India and Ukraine spend just over 13 hours a week cooking, compared to the international average of less than six and a half hours each week, a study revealed on Monday.

    Indians Spend Over 13 Hours Each Week On Cooking: Study

    Cat Lost In Eastern Ontario In 2009 To Reunite With Owner In Alberta

    Cat Lost In Eastern Ontario In 2009 To Reunite With Owner In Alberta
    BELLEVILLE, Ont. — A cat lost six years ago in eastern Ontario will be reunited with her owner in Alberta next month.

    Cat Lost In Eastern Ontario In 2009 To Reunite With Owner In Alberta