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Demonetisation in India is Taking its Toll On the Poor and Charities Like WIN Who Support the Poor


Endless lines outside banks have become the norm in India, as millions of people queue to deposit or exchange the 500 and 1,000-rupee notes that since the 8th of November have become officially worthless.

For India's poor, however, the country's new currency policy is more than just an inconvenience.

The notes' sudden withdrawal from circulation, a measure aimed at fighting corruption, has caused chaos, with markets, petrol stations and other retailers refusing to accept the larger notes and bank cash machines staying closed.

The Indian government is asking people to be patient with what it calls the "short-term inconvenience" of the new currency policy, but the situation is taking its toll on people living off meagre daily wages.

Most of the India's poor do not have proper IDs to exchange the notes that they have, or even the time to stand in line in front of a bank for hours.

So, all they can do is wait.


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