‘Sir, I’ll Take Rs 100 instead of 500 as Tips’- Server to Pub Patron

‘Sir, I’ll Take Rs 100 instead of 500 as Tips’- Server to Pub Patron

‘Sir, I’ll Take Rs 100 instead of a 500 as Tips’- Server to a Customer at a popular local pub, when the latter offered him Rs 500 as tips on a Rs 5465 bill. It is noted that this customer who is a rich diamond merchant is to tip the waiters only Rs 20, no matter how big the amount of the bill was. Probably now that he has lots of black money to get rid off, he is trying to be nice to the servers by tipping them good ?

Mangaluru: 8th November in India will be remembered for many years now. It was also the day when Presidential elections in USA were conducted. However it became historic for some other reason in India. While Americans were ready to count the Votes, Indians were ready to count the Rs500/1000 notes? . It will be remembered as the day when PM Modi gave one statement about decommissioning old Rs. 500 and Rs. 1000 from the entire system by immediate effect that came as a shock to many Indians and pushed them to nearest ATMs. India witnessed long-long queues in front of ATMs, Petrol Pumps, and wherever they could replace their old Rs. 500 and 1000 notes.

As Prime Minister Narendra Modi announced an unprecedented move to weed out black money and stop money laundering, internet could not handle the news and reacted in the best way that it does- by becoming an endless source of hilarious comments and memes from the best and the worst on Facebook, Twitter and other social media. Pictures of the people using Rs. 500 and Rs. 1000 currency notes, which have been declared out of circulation from midnight today, as trash, have been going viral on messenger Whatsapp, with people sharing them on multiple groups, as a comment on the panicked mode which Indians across the country have been put into.

Facebook timelines were flooded with jokes of all sorts. One of the dominant themes of these jokes seemed to be in the favour of Prime Minister Modi and against those who have been engaging in corruption and who have been known to have black money stashed away with them. No wonder then that Nationalist Congress Party chief, Sharad Pawar, who has been accused of financial irregularities during his tenure as a Minister in the Maharashtra government, was trending suddenly on Twitter. There were multiple jokes and memes commenting on the state of mind that Modi’s move might have put into. The joke indicated that Pawar’s undeclared wealth is an open secret.

One minute silence for Sharad Pawar! Since notes of Rs 500 and Rs 1000 are as good as pieces of paper now, images of notes being used to eat food from and as trash have been widely circulated on Whatsapp; First time in history a Gujju has rejected Rs. 500/- & Rs. 1000/- notes; Ha ha ! Best news is that these notes are acceptable in Crematoriums ! The move comes after months of warning by Prime Minister Narendra Modi, to individuals with black money to declare it. The deadline to declare black money had been set up until September 31. However, no one had pre empted such a drastic measure by Modi, who has set yet another deadline for the exchange of higher denominations for lower ones, until December 2016. Within these 50 days, people will be able to exchange their Rs 500 and Rs 1000 notes for Rs 100 notes through their respective banks. Banks have also been ordered to work over time and set up extra exchange counters to facilitate the process of exchanging one money. The announcement is nonetheless expected to cause extreme logistical snags for banks, and only time can tell if Modi’s strike on black money will be a hit or a miss.

Several commercial establishments have still put up an instruction stating ‘tender Rs 100 denomination notes only’. People are still having tough time in the city as most of them have Rs 500 and Rs 1,000 denomination notes with them. And being in a long queue is just a pain in the butt? Many ATM’s also don’t function very well, due to the constant withdrawal of money by customers. Some ATM’s have run out of money, and customers are frustrated. Even the merchants are facing the brunt of this currency crisis. With the denominations of Rs 500 and Rs 1000 going invalid, the general public are still facing a lot of hardships. Long queues were seen at various medical stores, where even though they have take Rs 500/1000, but some stores are hesitant to accept them. But the good part is that shops which never accepted cheques are taking a chance by readily accepting them now. It is learnt even some beggars are not ready to accept Rs 500/1000 fearing that they get into trouble later.

It is also learnt that some of the builders who were not prompt in paying their laborers earlier, are now offering them payment in advance for the next one or two months- thereby trying to get rid of the black money. PM Modi really did screw some of the rich folks who voted for him during the election- now they are repenting why the heck did they vote for this Man? Anyways, knowing that common people are facing some problems due to this currency decommission of Rs 500/1000 had said, ” When Congress stopped 25 paise, did we say anything? You could dare to stop only 25 paise, that’s what your power was.

But you did not make higher denomination currency notes illegal. This government does not want to bother honest people but doesn’t want to spare the dishonest. Bear with me for 50 days.” Guess we will have to keep our fingers crossed for the next 50 days, until ache din will favor the common man to deal with proper money transactions. Until then best of luck!