Ludhiana: Two months ago after the demonetisation, there is little relief in flow of cash which was seen among the residents. The promises of Prime Minister of regular cash flow after50 days of demonetisation fall flat as people are suffering from numerous problems.
Importantly, industry and business man are going down day by day as there is not enough cash flow available in market. However, banks are having cash available with them which can only fulfill the basic needs of the common people.
Most of the city industrialists have lost their placed orders as there is no labour at their factories and units because enough cash is not available to distribute among them. Most of the city industrialists have shut their factories for time being.
City resident on requesting anonymity claimed that only prominent people in city are having easy access of cash. However, common man have lost hope of regular flow of cash.
However, large number of ATMs were seen closed or without cash though people have to suffer from various problems. Some of the ATMs were seen working. Residents are also appealing to bank authorities to set the ATM functioning right. People are not able to make both ends meet as invalid currency has made several problems and over it the unavailability of new currency notes.
People are facing many problems as they are not having the short denomination currency for buying their regular needs. However, most of the shopkeepers and offices are refusing to accept the invalid currency.