Business Standard

An unlikely fallout

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The demonetisa­tion of ~ 1,000 and ~500 currency notes seems to have turned many people honest overnight. Railway Minister Suresh Prabhu (pictured) said: “There are people who normally do not even bother to buy platform tickets, but after the demonetisa­tion, they are queuing up at railway platform ticket counters with ~1,000 notes to take ~10 tickets.” For 72 hours post the announceme­nt, ticket counters at railway stations, government bus depots and airports are accepting old notes for purchase of tickets.

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