5 Better
Ways the Government Must Use to Handle the Demonetisation Crisis
Demonetization
is no doubt the burning topic of the entire nation but the post demonetization
results are quite horrifying to observe. 10 days ago Prime minister addressed the
entire nation and banned the notes of 500 and 1000 Rs. The ruling government believes
that this step is going to end the black money from the country. As far as the
intention to eliminate the black money is concerned we believe in the
Government but recent incidents have shown that the policy was implemented very
badly without even planning. People all over the country are facing extreme
hardships in dealing with their own money. People are standing in a queue waiting
for their turn, crying, Protesting and even dying. The thing is the nation can’t live like this
anymore they want the Government to take some crucial steps to resolves this
crisis.
We have some
suggestions for the government and have a belief that these steps can play a
great role in dealing with this money crisis. Following are the steps that
should be taken into consideration:
Action against Those Authorities Who
Don’t Accept the Old Notes
In the
demonetization policy several authorities and organizations were directed to
accept the old notes of Rs 500 and 1000. These authorities include Hospitals,
Medical stores, Petrol pumps and other places. But it seems like these
institutions are barely following those directions given by the government. Neither
private hospitals nor medical stores are accepting the old notes directly
violating the government’s directive. In such case strict action must taken
against such authorities. Government must keep a check to ensure that
directives have been followed by these organizations.
Ration must be
provided to the needy people with no IDs and bank account
The Post effects of demonetization are so worse that people are
unable to buy meal for them and their family. The situation is getting worse
day by day and people with no IDs and bank account are the ones who are being affected
very badly. In order to resolve this situation the government must install
ration shops and provide rationed food products to the needy ones especially
the people with no IDs and bank account. And these government run stores must
function round the clock in order to help more and more needy people. Aadhar
card must not be taken into account in such crises. Even big grocery shops must
be allowed to accept the old notes of 500 and 1000 Rs.
Separate Counters for
Old Age and Women with Children Should Be Opened In the Banks
In many places it is found that senior citizens are struggling
while standing in the queues to collect their money and even women with
children are facing hardships dealing with all the mess around. It is our duty
to respect our elders and helpless women and these people must be treated with
special care. And the best thing to help these people out is to open a
different section or counter inside/outside the bank so that they won’t have to
suffer anymore.
Banks and Post
Offices Must Operate On Holidays to Meet the Public Demands
In this tough time banking employees must be instructed to work
for longer hour. Besides, the banks must operate on holidays to expedite this
whole note replacing process. It’s too much effort for the bank employees but
this is the only solution to bring the situation into the control.
All the Atms Must Be Functional Round
the Clock
Few days ago
Finance minister said it will take around 3 weeks to recalibrate the ATMs with
the new currency. Effort must be made to make the ATMs fully functional if not
with the new currency 100 Rupee note must be involved. Around 2 to 3 ATMs are
working in the area of 5 Km with limited amount of cash. So, RBI must expedite
the money transferring and recalibration process to make the living easier for
the common masses.
