Saturday, December 20, 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

    Watch: Woman In Tamil Soap Gets Shot In The Head But Still Wants Her Gajra Back

    Watch: Woman In Tamil Soap Gets Shot In The Head But Still Wants Her Gajra Back
    This couldn't get more unrealistic. — And we thought only Hindi serials were dramatic!

    Watch: Woman In Tamil Soap Gets Shot In The Head But Still Wants Her Gajra Back

    Indian-Origin Doctor Gets 8-Year Jail For Sexually Assaulting Patients In UK

    Indian-Origin Doctor Gets 8-Year Jail For Sexually Assaulting Patients In UK
    Dr Mahesh Patwardhan was sentenced at Woolwich Crown Court for four counts of sexual assault between July 31, 2008 and September 24, 2012.

    Indian-Origin Doctor Gets 8-Year Jail For Sexually Assaulting Patients In UK

    Gambler Buddhist Monk In US Gets Jail For Stealing From Temple

    Gambler Buddhist Monk In US Gets Jail For Stealing From Temple
    Khang Nguyen Le, a Vietnamese citizen who is living in Lafayette, was sentenced by US District Judge Donald E. Walter on one count of wire fraud yesterday.

    Gambler Buddhist Monk In US Gets Jail For Stealing From Temple

    UK Woman Sues Neighbours For Cooking Spicy Food, Says Smell 'Anti-Social'

    Ms. Joanna Louise Cridlin, an animal rights campaigner, is suing her neighbours' landlord Viridian Housing at London's High Court to try to force them to take action.

    UK Woman Sues Neighbours For Cooking Spicy Food, Says Smell 'Anti-Social'

    I'm Proud Of My Indian Heritage: US-based Designer Rachel Roy

    I'm Proud Of My Indian Heritage: US-based Designer Rachel Roy
    My father is Indian and I've been very fortunate to travel to India several times. This is my second trip in the last few years and I am bringing my daughter Ava again. 

    I'm Proud Of My Indian Heritage: US-based Designer Rachel Roy

    Got Purple Hair? Starbucks Wants To Hire You

    Got Purple Hair? Starbucks Wants To Hire You
    The world's largest coffee chain is loosening its employee dress code to allow workers to don brightly-dyed hair and coloured, patterned clothing.

    Got Purple Hair? Starbucks Wants To Hire You