NEWS

Tuesday, 22 November 2016

Mizoram Comes As A Wake Up Call During Demonetisation Phase In India


Trust and integrity in community best displayed to combat demonetisation chaos to patiently take the cash disrupt pang with wise paper chit approach so that during availability of money people can return whatever money they owe to their owners.


Rest of India should ease their shamble condition during the phase of demonetisation of Rs. 500 and Rs. 1000 notes from noble example set by Mizoram’s Khawbung village. The business community of Khawbung village near Myanmar border found a noble solution to use paper chit instead of notes with mention of amount owed with their signature.



People simplified financial transaction crunch during cashless period of demonetisation in India to ease sale and purchase activities in Khawbung region of Mizoram. This reflects even from small region gigantic solution comes which even metros could not have approached such ideas to simplify things with wiser in bent without cash liquidity. ATMs and banks’ operation where it becomes abrupt for customers such paper chit ideas works only in a community where trust belongs, else with full of runaway cheats things would turn against on vice versa.

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