A Comment on the procedure of dispensing notes from ATMs

My Comment on an article "Govt. has no plan to reintroduce Rs 1,000 notes: Economics Affair Secretary" published in the economictimes.com Dated 24/02/2017.


"It's okay. There is no need for Rs 1,000 notes. 

But, monitor sufficient supply of the Rs 500 notes along with the Rs 2,000 currency. If a person wants to draw Rs 10,000 from an ATM, he should be provided some 500 notes also along with the 2,000 notes (say 4 Rs 2,000 notes and 4 Rs 500 notes). 

Presently, in most cases, we are getting only Rs 2,000 notes if we draw Rs 10,000 or Rs. 8,000 at one time. I am told to enter Rs 9,500 or Rs 7,500 if I have to get Rs 500 notes also."

A Comment on PM Narendra Modi's bold step of declaring Rs.500, 1000 notes invalid

My Comment on an article "In an attempt to curb black money, PM Narendra Modi declares Rs.500, 1000 notes to be invalid with effect from midnight of 8/11/2016" published in economictimes.com Dated 9/11/2016.


"A bold decision was taken by our PM Narendra Modi. Now, the hoarders of cash have no way but to surrender their notes with Banks. 

I hope this step will definitely give some fruitful results in capturing the black money hoarders and thereby improve our economy. 

We should appreciate our PM's great decision and cooperate with him."