Wed, Nov 09, 2016, 07:17 AM
Residents in Vijayawada are facing difficulties with the Central government’s decision to demonetise Rs 500 and Rs 1,000 notes from Tuesday midnight. They complained that wholesale dealers, shop owners, hotels and petrol pumps have stopped accepting these notes. A city dweller said that he had kept Rs 10 lakh with Rs 500 and Rs 1,000 denominations at his residence to deposit in the bank on Wednesday which he got after selling a property. He expressed anguish that Centre’s decision came as a jolt to him. Businessmen also unhappy with demonetisation of notes.