This blog is very keen on putting up positives and negatives of the demonetisation impact. It is an opportunity of a lifetime to assess behaviors on various across India. So, visitors to the blog keep sending stuff you read. It will be interesting to hyperlink various experiences.
This blog had linked to some interesting jugaads across few cities in India yesterday. Just putting them together again.
10 Nov 2016:
- A story from Chennai shows how people are forming groups to make hotel bills worth Rs 500 or Rs 1000
- Another story from Mumbai showing people offering smaller denom notes for a price/commission
- This story on Angadias who are basically money carriers from Surat to Bombay shows how they are trying to cope up with times
11 Nov 2016:
- In Mangalore, people are coolly managing. In the same link, there is a story of a Businessman booking tickets in Rs 500 and Rs 1000 notes for a lakh rupees. But says would cancel it laters and get the legal money back. This is some innovation.
- In Goa, vegggie vendors hit hard. Casinos to be hit as well
- In Guwahati, people continue to accept Rs 500/Rs 1000 notes to keep the business going!
- In Kerala, a currency collector who collected notes having digits of 786 is in a dilemma. If he gives up notes, he loses his collection and a chance to hit Guinness records. If he does not give up, he is poorer.
- This should not happen. In Telangana, a woman reportedly committed suicide realising her endowment is worthless. Though, there are disputes over this as some others say she committed suicide due to family dispute.
- Kolkata’s Sonagarchi market is deserted
- Malyalam and Telugu Cinema is hit
- Pictures of long queues from Bangalore
- Hawala operators halt in Mumbai
- Scenes at New Delhi Rly Station
- Private colleges badly hit
- In LKO, people were duped by someone who said forms to exchange currency are finished. Then charged Rs 5 for what is a free form.
- A blind beggar in Indore trapped with Rs 98000 savings
- A person robbed in Noida and then beaten up for not carrying smaller notes!
- In a terrific news on humanity, people in Kolkata contributed coins to pay hospi bills of Rs 40000
- Foreign tourist in Agra trapped
Phew. Tired as of now..Keep sending more from your places in comments section. It could be a great respository for future reference
Mostly Economics 
November 12, 2016 at 6:38 am
[…] Addendum: Mostly Economics has a discussion of two early demonetization in India, one in 1946 and one in 1978, both were focused on the larger bills unlike the current demonetization. […]
November 13, 2016 at 1:49 pm
[…] Addendum: Mostly Economics has a discussion of two early demonetization in India, one in 1946 and one in 1978, both were focused on the larger bills unlike the current demonetization. […]