The
object of demonetization was stated by Prime Minister to combat
corruption and black money .But without making proper preparations it’s
implementation has caused suffering more to the public in general and
Bank and Postal Employees in particular. All Government Employees,
Workers, Farmers and small & big entrepreneurs are also suffering
because of this. People start standing in ques in front of ATMs since
early in the night. As the ATMs were not calibrated as per new notes of
Rs.2000/- and 500/- so these notes are not being put in ATMs and 100/-
Rupees notes are exhausted within a short period and remaining persons
remain standing in ques. The decision taken in hurry is being changed
frequently. Firstly it was ordered that anybody can change the old notes
worth Rupees 4000/- from any Bank & Post Office, after that limit
raised as Rs.4500/- and now it has been reduced to Rs.2000/- from the
Post Offices or Bank where account stands.
`No employer is giving salary to his employees. Shops are being shut.
The business in Mandis is getting stopped. Workshops and factories are
being closed. Workers are returning back from Metro Cities to their
villages.
The problems before farmers are aggravating. Now this is season of RAVI
CROPS and Farmers are not able to purchase seeds and fertilizer besides
having money. If it peasants come in distress it will adversely affect
the economy of nation. Agricultural products like vegetables and fruits
are not being purchased in Mandis. All the small enterprises, from brick
Kilns to factories , who have to pay cash wages to workers have
stopped working or not making full payment of wages as they have been
allowed to withdraw Rs.25000/- . As per the RBI directives, distinct and
primary co-operative banks which cater to millions of farmers are not
allowed to exchange the votes. This has paralysed the banking operations
causing hardship to farmer and rural population. Workers working in
transport sector have become unemployed. The goods carrier vehicles have
come to halt, as to operate these there is no money and it will result
shortage of food items.
The Government has authorized all Hospitals to accept old notes but
the private hospitals and Nursing Homes have not been allowed therefore
people are not getting proper treatment and some have died due to lack
of treatment.
Most of the work in this country is done by cash transaction. After
barring 86% currency which was in the form of notes of higher
denomination has caused suffering to the common man including labourers,
farmers, entrepreneurs and government employees. The way in which this
has been implemented adverse effect on livelihood of common man can be
noticed.
The government is claiming GDP at the rate of 8% but now it may come
down up to 5% and the economy will take more time to come up after
bearing this blow.
The Government is claiming total removal of problem of corruption and
black money after demonetization but experts are saying that there is
only 6% black money in the form of cash and only 0.025% currency is
fake. Rest 94% black money is in real estate, Share Market, Gold and
Jewellery and foreign currency and so many other activities. For
marriages, orders were issued to withdraw Rs.2.5 lakh but so many
conditions have been imposed and fulfillment of these conditions is
impossible and the people are committing suicide being aggrieved of it.
To restrict withdrawal of its own money is clear-cut violation of
constitutional provisions.
With this decision the postal employees have also been very adversely
affected. There is no adequate infrastructure in Post Offices. In most
of the post offices, notes counting machines and fake currency detecting
machines are not available. About 10000 Post Offices are single handed
and he has to do all other works besides this demonetization work. The
Post Offices are being opened since 8 A.M. to 8 P.M. and being opened on
holidays and Sundays and no extra remuneration is being paid in lieu of
this extra duty work.
There are no proper security arrangements in Post Offices for cash
remittance. Cash cannot be retained in Post Offices. To remit the cash
from SOs to HO. The employees have to take risk. Banks are not ready to
accept. The banned currency due to non availability cash from Banks.
Postal employees have to bear the annoyance of public.
NFPE has raised all these issues before Postal Administration and other
officers and accordingly Directorate has issued instructions to settle
these problems but still this is not sufficient.
If the attitude of administration does not change than NFPE along with PJCA will proceed on path of agitation.
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