6 years on, people of India still smarting from deadly note-ban blow

News Network
January 2, 2023

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New Delhi, Jan 2: The father with money in the bank but none to pay vendors for his daughter’s wedding, the retailer scrounging for funds to keep business going, the house help who didn’t get a salary for two months.

On Monday, these and many other similar tales of hardship became alive again, when the Supreme Court upheld the government's November 8, 2016 decision to demonetise Rs 1000 and Rs 500 denomination notes.

The decision, touted by the government to be a 'surgical attack' on black money, missed its mark by a great margin and became the bane of the daily-wage labourers and poor Indians, a section which relies almost exclusively on cash.

To 38-year-old house help Parvesh, even the mere mention of the word 'notebandi' sends a shiver down her spine.

The single mother of a 20-year-old son said she was forced to work without a salary for almost two months and went empty stomach for days at a stretch.

"It was the worst time of my life. Worse than even Covid-19, because during the Covid there was at least some help from the government and society at large. But during demonetisation, we are left alone to suffer," said Parvesh.

"I mean how can I expect my employer to help me when he himself was struggling with money?" she said, having little to no idea about Monday's Supreme Court verdict.

The SC in its verdict said the decision-making process behind the 2016 demonetisation was "not flawed."

In a five-judge bench, four judges voted in favour of upholding the note-ban decision-making whereas one judge dissented.

The pain was not limited to the poor, and the middle class too struggled to understand the withdrawal rules that cascaded with everyday regularity in the wake of demonetisation. Nor was it any more inured to the agony of standing in the unending queues before the ATMs, which too often ran out of cash, and too early.

Many small-scale businesses are still reeling from demonetisation.

"Our business relies on cash and this makes it impossible for us to function properly and run our business. A limited time was given by the government to exchange the cash left with us, we were in continuous confusion about whether we should do business or stand in long queues for hours to get our cash exchanged," Manish Shah, a Surat-based retailer, recounted.

"The whole business cycle was disrupted in the entire country," he added.

For Jammu-based Rajendra Gupta, the cash crunch due had turned the once-in-a-lifetime occasion of his only daughter's wedding into a nightmare.

He recalled how he was made to beg for his own hard-earned money to pay the vendors so that preparations could go on without a hitch.

"I didn't have enough money to pay the vendors. There was a limitation on how much money you could withdraw from banks. And then the government's continuous flip-flop on rules and regulations and whatnot," he said.

An unprecedented rush at her workplace with hundreds scrambling to get inside was the last thing Taniya Sharma, then a trainee at a leading bank in New Delhi, thought she would witness in the initial days of her career.

"There were scuffles, sights of people crying, some even collapsing -- I saw it all. Those scenes continue to haunt me till today," Sharma recalled. "The verdict does little to victims of those times."

According to reports, several people died in different parts of the country while standing in queues for money withdrawal and exchange of the scrapped notes.

In March 2017, months before the status quo would return, the Union government said it had "no official report" on how many people died in queues.

"No such official report has been received," Minister of State for Finance Arjun Ram Meghwal had then said in a written reply in the Lok Sabha. 

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News Network
February 1,2026

US President Donald Trump on Saturday claimed that the government of India led by Prime Minister Narendra Modi has made a deal to buy Venezuelan oil, as opposed to purchasing it from Iran.

"We've already made that deal, the concept of the deal," he told reporters on Air Force One.

Trump had imposed 25% tariffs on countries buying Venezuelan oil, including India, in March 2025. He had also hit India with tariffs for buying Russian oil, saying it was "funding" President Vladimir Putin's war against Ukraine.

Trump has said that the US has taken control of the oil-rich Venezuela after capturing former President Nicolas Maduro in January.

A fleet of 18 ships loaded with crude oil bound for refineries in Texas, Louisiana, and Mississippi in January, the most since December 2024, according to a report by the news agency Bloomberg.

Combined crude deliveries to the US will reach about 2,75,000 barrels a day, more than doubling volumes seen in December last year. Shipments to China, which averaged 4,00,000 barrels a day last year, fell to zero in January.

PM Modi, Venezuelan President Agree To Expand Ties

Prime Minister Narendra Modi and Venezuela's acting President Delcy Rodriguez spoke on Friday and agreed to take the bilateral relations to "new heights" in the years ahead.

It was the first phone call between the two leaders since the capture of Maduro and his wife by the US on January 3.

"Spoke with Acting President of Venezuela, Ms. Delcy Rodriguez. We agreed to further deepen and expand our bilateral partnership in all areas, with a shared vision of taking India-Venezuela relations to new heights in the years ahead," PM Modi said in a post on X.

A statement from Prime Minister Modi's office said the two leaders agreed to further expand and deepen the India-Venezuela partnership in all areas, including trade and investment, energy, digital technology, health, agriculture, and people-to-people ties.

They exchanged views on various regional and global issues of mutual interest and underscored the importance of their close cooperation for the Global South, the statement said.

Rodriguez also said that they discussed partnerships in the fields of agriculture, science and technology, mining, and tourism, as well as the pharmaceutical and automotive industries.

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News Network
February 1,2026

US President Donald Trump on Saturday claimed that the government of India led by Prime Minister Narendra Modi has made a deal to buy Venezuelan oil, as opposed to purchasing it from Iran.

"We've already made that deal, the concept of the deal," he told reporters on Air Force One.

Trump had imposed 25% tariffs on countries buying Venezuelan oil, including India, in March 2025. He had also hit India with tariffs for buying Russian oil, saying it was "funding" President Vladimir Putin's war against Ukraine.

Trump has said that the US has taken control of the oil-rich Venezuela after capturing former President Nicolas Maduro in January.

A fleet of 18 ships loaded with crude oil bound for refineries in Texas, Louisiana, and Mississippi in January, the most since December 2024, according to a report by the news agency Bloomberg.

Combined crude deliveries to the US will reach about 2,75,000 barrels a day, more than doubling volumes seen in December last year. Shipments to China, which averaged 4,00,000 barrels a day last year, fell to zero in January.

PM Modi, Venezuelan President Agree To Expand Ties

Prime Minister Narendra Modi and Venezuela's acting President Delcy Rodriguez spoke on Friday and agreed to take the bilateral relations to "new heights" in the years ahead.

It was the first phone call between the two leaders since the capture of Maduro and his wife by the US on January 3.

"Spoke with Acting President of Venezuela, Ms. Delcy Rodriguez. We agreed to further deepen and expand our bilateral partnership in all areas, with a shared vision of taking India-Venezuela relations to new heights in the years ahead," PM Modi said in a post on X.

A statement from Prime Minister Modi's office said the two leaders agreed to further expand and deepen the India-Venezuela partnership in all areas, including trade and investment, energy, digital technology, health, agriculture, and people-to-people ties.

They exchanged views on various regional and global issues of mutual interest and underscored the importance of their close cooperation for the Global South, the statement said.

Rodriguez also said that they discussed partnerships in the fields of agriculture, science and technology, mining, and tourism, as well as the pharmaceutical and automotive industries.

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News Network
February 1,2026

Bengaluru, Feb 1: For travelers landing at Kempegowda International Airport (KIA), the sleek, wood-paneled curves of Terminal 2 promise a world-class welcome. But the famed “Garden City” charm quickly withers at the curb. As India’s aviation sector swells to record numbers—handling over 43 million passengers in Bengaluru alone this past year—the “last mile” has turned into a marathon of frustration.

The Bengaluru Logjam: Rules vs Reality

While the city awaits the 2027 completion of the Namma Metro Blue Line, the interim has been chaotic. Recent “decongestion” rules at Terminal 1 have pushed app-based cab pickups to distant parking zones, forcing weary passengers into a 20-minute walk with luggage.

“I landed after ten months away and felt like a stranger in my own city,” says Ruchitha Jain, a Koramangala resident. “My driver couldn’t find me, staff couldn’t guide me, and the so-called ‘Premium’ lane is just a fancy tax on convenience.”

•    The Cost of Distance: A 40-km cab ride can now easily cross ₹1,500, driven by demand pricing and airport surcharges.

•    The Bus Gap: While Vayu Vajra remains a lifeline, its ₹300–₹400 fare is often cited as the most expensive airport bus service in the country.

A National Pattern of Disconnect

The struggle is not unique to Karnataka. From Chennai’s coast to Hyderabad’s plateau, India’s airports tell a familiar story: brilliant runways, broken exits.

City:    Primary Issue   |    Recent Development

Bengaluru:    Cab pickup restrictions & distance  |    App-based taxis shifted to far parking zones; long walks and fare spikes reported

Chennai:    Multi-Level Parking (MLCP) hike  |    Passengers report 40-minute walks to reach cab pickup points

Hyderabad:    “Taxi mafia” & touting  |    Over 440 touting cases reported; security presence intensified

Mumbai:    Fare scams  |     Tourists charged ₹18,000 for just 400 metres, triggering police action

In Hyderabad, travelers continue to battle entrenched local groups that intimidate Uber and Ola drivers, pushing passengers toward overpriced private taxis. Chennai flyers, meanwhile, complain that reaching the designated pickup zones now takes longer than short-haul flights from cities like Coimbatore.

The ‘Budget Day’ Hope

As Finance Minister Nirmala Sitharaman presents the Union Budget 2026 today, the aviation sector is watching closely. With the government’s renewed emphasis on multimodal integration, there is cautious hope for funding toward seamless airport-metro-bus hubs.

The vision is clear: a future where planes, trains, and metros speak the same language. Until then, passengers at KIA—and airports across India—will continue to discover that the hardest part of flying isn’t the thousands of kilometres in the air, but the last few on the ground.

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