Millennium Post

Jantar Mantar eateries feel demonetisa­tion pinch

- PIYUSH OHRIE

NEW DELHI: Centrally located, easily accessible and the most preferred location for holding protests, the Jantar Mantar area in the national Capital witnesses huge rush of people throughout the year.

A major beneficiar­y of this are the eateries located in and around that area. Being reasonably priced, the eateries are popular not only among protesters but also among the people who have their offices nearby. The recent note ban has adversely affected their business and there is a sharp decline in customers.

Even as the eateries in the area continue to get customers, people working in there highlight that there are some major challenges faced by them.

A major challenge highlighte­d by the workers is the non-availabili­ty of change among customers. Mohan, who runs a snack corner in the area, said: “The eateries in the area are small stores. We only do transactio­ns in lower denominati­ons. Some of the customers who come to us today want to do transactio­ns using the new Rs 2,000 notes. As we do not have change we normally let go the customer.”

Being a worker, Mohan highlighte­d that there may be a possibilit­y that this time he may not get his full salary as his owner too is facing the challenges of cash crunch.

Mani, who runs the most popular South Indian eatery in the area, added: “I have not faced much of a problem yet. But procuring the food items has become difficult.”

Rukhmini, owner of another eatery, says: “Since our items are very reasonable, our business model survives only on demand. Demonetisa­tion has resulted in people saving even their lower denominati­on notes and this has affected our business.”

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