Demonetisation of high value currency notes has made black money carriers and hoarders to seek new ways to convert them to white. Though the travel industry witnessed a fall in railway reservations, there was a significant surge in air ticket bookings in the State. Transactions at banks were also high as compared to regular working days.
The East Coast Railway (ECoR), which covers a major part of Odisha, saw a reduction in bookings in unreserved coaches. The authorities attributed the reason to lack of lower denomination currency with passengers. In the reserved segment too, bookings were normal and there was a marginal fall at some counters. “We were on alert from day one following demonetisation and started monitoring bookings of highvalued transactions,” ECoR CPRO JP Mishra said.
15/11/16 Baibhav Mishra/The New Indian Express
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The East Coast Railway (ECoR), which covers a major part of Odisha, saw a reduction in bookings in unreserved coaches. The authorities attributed the reason to lack of lower denomination currency with passengers. In the reserved segment too, bookings were normal and there was a marginal fall at some counters. “We were on alert from day one following demonetisation and started monitoring bookings of highvalued transactions,” ECoR CPRO JP Mishra said.
15/11/16 Baibhav Mishra/The New Indian Express
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