Commuters and transport operators in the city and outside were put to hardship due to scarcity of small denomination notes. Though the scrapped Rs 500 and Rs 1,000 notes were declared valid for buying train and bus tickets post demonetisation, the problem was related to issuing 'change'. There was a complaint of shortage of Rs 50 and Rs 100 notes.
"The new Rs 2,000 has been lying idle in my wallet for the last two days. Nobody wants to take it. Luckily, I booked tickets online and later took a bus from Majestic to reach from Tin Factory instead of hiring an autorickshaw. I managed to travel with a little money," Saritha Ramesh, who came to the city for a job interview from Mangaluru said.
Similarly, 45-year-old Nagaraj K faced a problem with a Rs 2,000 note when he wanted to buy an unreserved ticket at Bengaluru City railway station. Nagaraj was asked to wait for sometime as the people at the ticket booking counter did not have enough change to return.
In response, Sridhar Murthy, senior divisional commercial manager, Bengaluru division, South Western Railway (SWR) told DH that the railways were accepting Rs 2,000, if the ticket cost was at least 50% of it. "We accept Rs 500, Rs 1,000 as well as Rs 2,000 only if the fare is high," he noted.
Even Vasanth Rao, Chief Public Relations Officer (CPRO), Bangalore Metro Rail Corporation Ltd (BMRCL) had a similar statement. "We have increased top-up of smart cards up to Rs 1,000 in view of difficulties faced by commuters. To buy instant tickets, we encourage small denomination notes," he explained.
Manjunath, a bus conductor on Bengaluru-Tumkur route, operated by KSRTC said he was accepting Rs 500 and Rs 1,000 notes but expressed disappointment over shortage of small denomination notes. "The passengers are not paying the exact fare and we are running out of low value currency," he said.
Commuters of cabs attached to mobile-based aggregators and digital wallets are not complaining. "We accept Rs 500 and Rs 1,000," a representative from Ola Cabs said. Another taxi driver Nadeem said: "I am losing at least five trips a day because of 'change' issue unless they have digital wallets like Paytm or provide exact change."
Meanwhile, Dinesh Kumar, who is travelling from Bengaluru to New Delhi by train said, he did not face any problem of demonetisation as he had booked tickets online.
Seeing the demand for small denomination notes, P V Kamath, assistant general manager, Canara Bank, Cantonment Branch urged Reserve Bank of India to provide more notes of smaller denomination.
![]( "Commuters and transport operators in the city and outside were put to hardship due to scarcity of small denomination notes. Reuters File Photo.")
Commuters and transport operators in the city and outside were put to hardship due to scarcity of small denomination notes. Though the scrapped Rs 500 and Rs 1,000 notes were declared valid for buying train and bus tickets post demonetisation, the problem was related to issuing 'change’. There was a complaint of shortage of Rs 50 and Rs 100 notes.
"The new Rs 2,000 has been lying idle in my wallet for the last two days. Nobody wants to take it. Luckily, I booked tickets online and later took a bus from Majestic to reach from Tin Factory instead of hiring an autorickshaw. I managed to travel with a little money,” Saritha Ramesh, who came to the city for a job interview from Mangaluru said.
Similarly, 45-year-old Nagaraj K faced a problem with a Rs 2,000 note when he wanted to buy an unreserved ticket at Bengaluru City railway station. Nagaraj was asked to wait for sometime as the people at the ticket booking counter did not have enough change to return.
In response, Sridhar Murthy, senior divisional commercial manager, Bengaluru division, South Western Railway (SWR) told DH that the railways were accepting Rs 2,000, if the ticket cost was at least 50% of it. "We accept Rs 500, Rs 1,000 as well as Rs 2,000 only if the fare is high,” he noted.
Even Vasanth Rao, Chief Public Relations Officer (CPRO), Bangalore Metro Rail Corporation Ltd (BMRCL) had a similar statement. "We have increased top-up of smart cards up to Rs 1,000 in view of difficulties faced by commuters. To buy instant tickets, we encourage small denomination notes,” he explained.
Manjunath, a bus conductor on Bengaluru-Tumkur route, operated by KSRTC said he was accepting Rs 500 and Rs 1,000 notes but expressed disappointment over shortage of small denomination notes. "The passengers are not paying the exact fare and we are running out of low value currency,” he said.
Commuters of cabs attached to mobile-based aggregators and digital wallets are not complaining. "We accept Rs 500 and Rs 1,000,” a representative from Ola Cabs said. Another taxi driver Nadeem said: "I am losing at least five trips a day because of 'change’ issue unless they have digital wallets like Paytm or provide exact change.”
Meanwhile, Dinesh Kumar, who is travelling from Bengaluru to New Delhi by train said, he did not face any problem of demonetisation as he had booked tickets online.
Seeing the demand for small denomination notes, P V Kamath, assistant general manager, Canara Bank, Cantonment Branch urged Reserve Bank of India to provide more notes of smaller denomination.
"The new Rs 2,000 has been lying idle in my wallet for the last two days. Nobody wants to take it. Luckily, I booked tickets online and later took a bus from Majestic to reach from Tin Factory instead of hiring an autorickshaw. I managed to travel with a little money," Saritha Ramesh, who came to the city for a job interview from Mangaluru said.
Similarly, 45-year-old Nagaraj K faced a problem with a Rs 2,000 note when he wanted to buy an unreserved ticket at Bengaluru City railway station. Nagaraj was asked to wait for sometime as the people at the ticket booking counter did not have enough change to return.
In response, Sridhar Murthy, senior divisional commercial manager, Bengaluru division, South Western Railway (SWR) told DH that the railways were accepting Rs 2,000, if the ticket cost was at least 50% of it. "We accept Rs 500, Rs 1,000 as well as Rs 2,000 only if the fare is high," he noted.
Even Vasanth Rao, Chief Public Relations Officer (CPRO), Bangalore Metro Rail Corporation Ltd (BMRCL) had a similar statement. "We have increased top-up of smart cards up to Rs 1,000 in view of difficulties faced by commuters. To buy instant tickets, we encourage small denomination notes," he explained.
Manjunath, a bus conductor on Bengaluru-Tumkur route, operated by KSRTC said he was accepting Rs 500 and Rs 1,000 notes but expressed disappointment over shortage of small denomination notes. "The passengers are not paying the exact fare and we are running out of low value currency," he said.
Commuters of cabs attached to mobile-based aggregators and digital wallets are not complaining. "We accept Rs 500 and Rs 1,000," a representative from Ola Cabs said. Another taxi driver Nadeem said: "I am losing at least five trips a day because of 'change' issue unless they have digital wallets like Paytm or provide exact change."
Meanwhile, Dinesh Kumar, who is travelling from Bengaluru to New Delhi by train said, he did not face any problem of demonetisation as he had booked tickets online.
Seeing the demand for small denomination notes, P V Kamath, assistant general manager, Canara Bank, Cantonment Branch urged Reserve Bank of India to provide more notes of smaller denomination.
Commuters and transport operators in the city and outside were put to hardship due to scarcity of small denomination notes. Though the scrapped Rs 500 and Rs 1,000 notes were declared valid for buying train and bus tickets post demonetisation, the problem was related to issuing 'change’. There was a complaint of shortage of Rs 50 and Rs 100 notes. "The new Rs 2,000 has been lying idle in my wallet for the last two days. Nobody wants to take it. Luckily, I booked tickets online and later took a bus from Majestic to reach from Tin Factory instead of hiring an autorickshaw. I managed to travel with a little money,” Saritha Ramesh, who came to the city for a job interview from Mangaluru said.
Similarly, 45-year-old Nagaraj K faced a problem with a Rs 2,000 note when he wanted to buy an unreserved ticket at Bengaluru City railway station. Nagaraj was asked to wait for sometime as the people at the ticket booking counter did not have enough change to return.
In response, Sridhar Murthy, senior divisional commercial manager, Bengaluru division, South Western Railway (SWR) told DH that the railways were accepting Rs 2,000, if the ticket cost was at least 50% of it. "We accept Rs 500, Rs 1,000 as well as Rs 2,000 only if the fare is high,” he noted.
Even Vasanth Rao, Chief Public Relations Officer (CPRO), Bangalore Metro Rail Corporation Ltd (BMRCL) had a similar statement. "We have increased top-up of smart cards up to Rs 1,000 in view of difficulties faced by commuters. To buy instant tickets, we encourage small denomination notes,” he explained.
Manjunath, a bus conductor on Bengaluru-Tumkur route, operated by KSRTC said he was accepting Rs 500 and Rs 1,000 notes but expressed disappointment over shortage of small denomination notes. "The passengers are not paying the exact fare and we are running out of low value currency,” he said.
Commuters of cabs attached to mobile-based aggregators and digital wallets are not complaining. "We accept Rs 500 and Rs 1,000,” a representative from Ola Cabs said. Another taxi driver Nadeem said: "I am losing at least five trips a day because of 'change’ issue unless they have digital wallets like Paytm or provide exact change.”
Meanwhile, Dinesh Kumar, who is travelling from Bengaluru to New Delhi by train said, he did not face any problem of demonetisation as he had booked tickets online.
Seeing the demand for small denomination notes, P V Kamath, assistant general manager, Canara Bank, Cantonment Branch urged Reserve Bank of India to provide more notes of smaller denomination.