People across North Delhi on Wednesday were seen helping one another who stood in the queue to either exchange the money or withdraw cash. Also, the chaos that prevailed earlier in the week was not witnessed on Wednesday.
Senior citizens and handicapped people were allowed at every branch without standing in the queue. Some branches at Karol Bagh area did not stop working even after scheduled closing time. The Government's decision to declare 500 and 1,000 rupee notes has shown positive response from students and the people on the streets.
Security employees and bank officials were coming out side again and again to brief people to have more patience. The Delhi Police on its part made adequate arrangements to ensure law and order and smooth.
“The decision to scrap 500 and 1,000 notes is very good to combat black money and the impact would be seen later, said Manish Mani, Registrar at JIMS University. “Those holding unaccounted assets, income despite opportunity to declare under the central Government recently introduced scheme will suffer,” he added.
Rahul Singh, a student of Delhi University, said, “We welcome Government's bold and historic move to weed out black money, which will have significant long term benefits for the country.” Senior bank officials at Nirankari Colony SBI branch came out and called upon people not to panic and follow Government guidelines for exchange of 1,000/500 notes after people started shouting in delaying them entry inside the bank.
Vimal Mehta, a businesman, said, “It is a very effective measure to curb black money. Modi has kept his promise of taking bold measures to unearthed black money.
“Yes we are facing some problem as we are not in habit of standing in queue outside the bank but I believe that this would end soon and life will be on track,” Vimla Vashisth, a retired banker said.
“It is perhaps the great move ever taken in any country by anyone to curtail the parallel economy. This move will be proved a miles stone in the history of India. The decision would certainly cause problems to small traders and common public but I am very pleased that at least the future generation will get benefited by the move,” he said.
There were dissenting voices too as some people criticised the demonetisation. Harshali Mehta said, “Things could have been arranged in a better way. We are standing in queue for three days and returning empty handed without exchanging money, she added.”