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Chaos as millions in India crowd banks to exchange currency

Chaos as millions in India crowd banks to exchange currency | iNFOnews.ca
Indians crowd outside banks to deposit and exchange discontinued currency notes in New Delhi, India, Saturday, Nov. 12, 2016. Long lines have grown longer, scuffles have broken out and chaotic scenes are being seen across India as millions of people wait to change old currency notes that have become worthless after the government demonetized high-value bills. AP Photo/Altaf Qadri

NEW DELHI – Long lines have grown longer, scuffles have broken out and chaotic scenes are being seen across India as millions of people wait to change old currency notes that have become worthless after the government demonetized high-value bills.

Angry scuffles broke out Saturday in New Delhi after ATM machines ran out of bills. Minor stampedes occurred in two places when thousands of people waiting in line surged forward to enter the building.

Paramilitary troops posted at banks in some of the most congested areas of the city walked among the crowd urging people to stay calm.

Earlier in the week, India's government made a surprise announcement that all 500- and 1,000-rupee notes had no cash value in an effort to tackle corruption and tax evasion.

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Kim Anderson

Originally from a northern B.C. town that boasts a giant fly fishing rod and a population of 3,100, Kim moved to Kamloops in 2011 to attend Thompson Rivers University. Kim is as comfortable behind a camera as she is writing on her laptop. After graduating with a degree in journalism, Kim has been busy with an independent freelance writing project and photography work. Contact Kim at kanderson@infonews.ca with news tips or story ideas.

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