😲  30  Days of  Demonetiztion :  Reaction of People &  Political Parties....  #3
Channel: Team India : Raise Your Voice
Date: 08/12/2016

30 days already cmpleted after Demonetiization. What's the reaction of General People and activities of Politician. What's your view about that please write down in the comment box below
Here is a timeline of how the days have passed in the last one month of the note ban:
9 Nov: Banks and ATMs remained closed for the public on the first day of demonetisation

10 Nov: Long queues to exchange and deposit annulled notes witnessed at banks across India which opened for public while ATMs continued to remain shut

11 Nov: ATMs open for the first time after demonetisation announcement.  But, after opening, most ATMs went dry in a few hours with people drawing the maximum possible amount; long queues beginning to see across the country
14 November midnight
Toll waiver on national highways extended till 14 November midnight by the govt.
12 Nov: PM Modi hints at more steps to unearth black money.
Week-end rush adds to woes; anger, impatience at banks; ATMs ran dry on cash.
13 Nov: Queues gets longer at banks, ATMs Sunday sees no let up in rush; long queues continue outside banks, ATMs
14 Nov: Government extended acceptance of Rs 500 and Rs 1,000 notes for public utility and fuel payment till 24 November
Banks were closed on account of Guru Nanak Jayanti; queues gets longer at ATMs
15 Nov: No respite from long queues at banks, ATMs
Government asks banks to put indelible ink on the right hand finger of those exchanging banned 500 and 1,000 rupee notes
SC refused to stay Centre's move to demonetise currency notes.
16 Nov: Chaos continue at banks; most ATMs ran out of cash
SBI collected Rs 1,14,139-crore in deposits in last 7 days.
17 Nov: Government lowers the exchange limit for now-defunct 500 and 1,000 rupee notes to Rs 2,000 from the existing cap of Rs 4,500
Cash withdrawal of Rs 2.5 lakh from bank account were allowed for wedding ceremonies
18 Nov: No respite from queues, chaos; ATMs still fight cash shortage.
Demonetisation to lower GDP growth by 0.3-0.5 percent, CARE Ratings says.
19 Nov: Queues got shorter at banks; long wait at ATMs continued.
20 Nov: With banks closed on Sunday, longer queues at ATMs
21 Nov: Farmers allowed to use old Rs 500 notes for buying seeds
Bank received Rs 5.12 lakh crore of deposits and exchanged Rs 33,006 crore, RBI said in a release
Demonetisation effect: GDP to fall by up to 80 bps, said DBS Bank.
22 Nov: 82,500 ATMs out of 2.2 lakh ATMs recalibrated to dispense new notes
Some relief for cash-starved public, queues shortened as about 40 percent of total ATMs have started dispensing new Rs 500 and Rs 2,000 notes.

24 Nov: Government extends toll exemption on NHs till 2 Dec mid-night
Notes ban to significantly disrupt economic activity, Moody's said in a release
25 Nov: RBI says the facility to exchange old Rs 500 and Rs 1,000 notes will continue to be available at its counters
India growth to slow to 6.5 percent on notes ban, Deutsche Bank said
Demonetisation to slow down personal computers, phone sales in Q4, according to research firm IDC
Notes ban to have negative impact on growth in short run, Fitch says
Queues at banks thin, but some branches still faces cash pain.
26 Nov: Deposits in Jan Dhan accounts soars sharply by around Rs 27,200 crore to Rs 72,834.72 crore in just 14 days after the announcement of ban on old Rs 500 and Rs 1,000 currency notes
27 Nov: Rs 32,631 cr deposited in post offices since demonetization
28 Nov: Banks get about Rs 8.45 lakh crore worth of scrapped notes, RBI says
After 3 weeks, queues at banks, ATMs shrinks but cash crunch remained.
29 Nov: Queues outside ATMs eases, but customers throng banks
RBI relaxes withdrawal norms, nudges retailers to deposit cash.
30 Nov: RBI limits withdrawal from Jan Dhan accounts to Rs 10,000 a month
Queues at ATMs, banks grow shorter but wait for cash continues.
1 Dec: Government says that old Rs 500 notes are valid till 2 Dec for fuel, air ticket purchase instead of 15 December announced earlier.
Demonetisation takes a toll on manufacturing sector growth in November, according to PMI survey.
BofA cuts FY17 growth forecast to 6.9 percent amid demonetisation
Pay day rush: Banks resort to rationing of cash in order to handle the huge pay day rush at branches
1.80 lakh ATMs re-calibrated to dispense Rs 500, 2,000 notes
Cash shortage may slow down GDP to 6.5 percent in Oct-Dec quarter, Nomura says.
2 Dec: India Ratings lowers GDP forecast to 6.8 percent post demonetization.
3 Dec: Queues for cash on, toll collection resumes.
6 Dec: Tax dept seizes Rs 130 crore cash, jewellery and Rs 2,000 crore of undisclosed wealth has been admitted by taxpayers post demonetisation
7 Dec: RBI defends note ban and plays down its impact on economy. Demonetisation was not done in haste, says RBI Governor during the monetary policy presser

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