Amid the great Indian rush to exchange old currency notes, a well-mannered queue in Jayapur, the Varanasi village adopted by Prime Minister Narendra Modi in 2014, has caught the attention of many.
Unsurprisingly, these people are standing the queue right since morning. To avoid getting tired of standing in the queue, they adopted this unique way to exchange the old currency.
Before adoption the village was lacking a bank, but now they have a bank. The bank is also a boon for people in nearby villages which are dependent on it.
Jaitley said that each ATM will need to be recalibrated to dispense the new notes, and that is why the whole process would take time. He urged people to be patient, citing larger economic benefits from the move to replace old Rs 500 and Rs 1,000 denomination notes with new ones.