Domestic tourism to get hit for few months

Rajan Sehgal, Chairman, TAAI Northern Chapter, feels that for the next few months, it will be a big problem for domestic tourism as people use cash transactions for everything from staying, to eating and sight-seeing. “Foreign tourists also are facing a challenge in paying for basic needs like food as well as reports have also come from many places about people being denied entry in the monuments as they do not have the required cash. Foreign tourists who are in the middle of their journey in India and have already exchanged money, have no idea what they need to do with the cash they have as most of it is in denominations of 1000 and 500. Another big problem for us is that all the embassies and VFS centres do not take cheques or credit cards. They only take demand drafts, which is a longer process or they accept cash, which is posing as a big problem today. We are in talks with them and hoping for a positive outcome.”