J&K- Demonitisation leaves separatists' coffers dry

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Srinagar, Nov 11: The separatists want to agitate, but then where is the money? All the money they get to carry forth the agitation is black and of course would have been in the Rs 500 and 1,000 denominations which today is invalid.

The agitation that the separatists have been spearheading for months now was all backed by black money given by Pakistan.

Currency ban: Separatists face the heat

With the ban on currency, there is absolutely no money left with the separatists and this according to Intelligence Bureau officials will hamper the protest. Stone pelters were paid Rs 500 and Rs 1,000 per day to keep the agitation alive. The stone pelters will come out on the streets only if they are paid.

Read more: Kashmiri separatist leaders caught in web of their own making?

The stone pelters have been the backbone of the protests for the separatists. These are youth and migrant workers who had left their daily jobs to pelt stones. However they will agree to pelt stones only if they are paid.

IB sources say that the separatists will wait to channelise funds. At this juncture however it would be very difficult to channelise funds so quickly. We believe that they will tone down the protest for now for the want of money, the IB official also added.

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