Note Ban: J&K’s apple business, Shimla’s tourism industry witness slump

The famed apple business of Jammu and Kashmir and popular tourist industry of Shimla are bearing the brunt of demonetisation.

Shimla, Nov 29: It is the small-time traders and businessmen, who have been facing the most "visible effect" of demonetisation.

The famed apple business of Jammu and Kashmir and popular tourist industry of Shimla are bearing the brunt of the recent scrapping of Rs 500 and Rs 1,000 currency notes by the BJP-led NDA government.

Poonch (J&K): Small businesses like the sale of Kashmiri apples highly impacted as cash crunch grips the region. #DeMonetisation pic.twitter.com/C1ihZ1p1jY

— ANI (@ANI_news) November 28, 2016

"We're facing difficulty in managing our business, everybody gives us Rs 2,000 notes and we don't even have money to return change," an apple seller told ANI.

Similarly, those who are part of the tourist industry in Shimla are unhappy due to severe cash crunch across the country, because of which visitors have cancelled their annual holiday plans.

Tourism this season is just 5% of last year, streets and hotels both are empty. Business here is affected a lot: Shopkeeper #DeMonetisation pic.twitter.com/ndG7mqC3e8

— ANI (@ANI_news) November 28, 2016

However, those who use e banking and mobile banking are not complaining at all.

We are facing no trouble due to #DeMonetisation, we are trying to make as much cashless transactions as possible: Tourist pic.twitter.com/ul8LTqHNjt

— ANI (@ANI_news) November 28, 2016

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