Money, money, money!

We are in the throes of change. That's what we are being told. These long queues outside banks and ATMs are mere hiccups. Who are you kidding? Have you seen any of the queues? The insane rush to the banks? Because ATMs do not have sufficient cash? I know. I know. Papers are full of it. Go cashless. Banks, leaders, newspapers-(anyone and everyone)are telling you. Sure ready to go cashless. But how will you pay the domestic helps? Some of them don't even have bank accounts. For those who do you can wire money into their accounts through EFT. But and this is a BIG BUT you have to go into a bank, fill a form and drop it to do that. For every transaction now you have to go to the bank. And you can't get into the Bank. AT ALL. Hundreds are lining up from four in the morning. Some I'm told are sleeping at the banks. 

Yesterday after watching the news and hearing that ATMS will be up and functioning only after 28 days I rushed to the bank today. Luckily my driver helped out by standing for an hour and a half. I only deposited money. Mark you I did not exchange anything. No cash. Now I've no idea how our domestic helps will be paid next month. Anyone listening? These are poor people. They need money to eat. Most don't own smart phones so downloading Paytm app and singing paytm karo is useless. How do they get paid? I've also heard from people that only 2500 is being allowed to each person even with a cheque. So how are we going to survive on a few measly rupees when EVERYONE is dealing in CASH? The milk vendor is paid in cash, the vegetable vendor,(you name it)they want cash. 

EFT is possible with net banking but most Indians are afraid to because their accounts maybe hacked. Check recent credit card fiasco. 

Just some questions for you, Mr. Prime minister.

 Sweeping reforms require planning and forethought. There is still time. Till dec 30. Usher in a joyful year. Find solutions to problems because admit it or not the really rich are not affected. They do net banking. Their employees have bank accounts. For the rest it is - Money, money , money.