E.M. Najeeb, Chairman, IATO Southern Region, and Chairman & Managing Director, Air Travel Enterprises Group of Companies (ATE), says the decision has badly hit tourists today as thousands of tourists who are in India cannot pay in restaurants, do shopping, or pay for local purchases. “Apart from the stay, which is pre-paid, they can’t do anything else with the foreign exchange they have already taken. People are facing great hardships, queuing up at petrol pumps, there was not enough change at railway stations despite them accepting the 500 and 1000 bills. The government’s step to curtail black money is much appreciated, but I think it should have been better managed and the steps taken by the government shouldn’t have affected the normal people so much. We also have our hospitals and since the concession of accepting the larger denominations is only in government hospitals, private hospitals like us had to treat people for free.
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