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One year of demonetisation: Traders still blame it for their losses

One year of demonetisation: Traders still blame it for their losses

Last Updated: Nov 07 2017 | 1:06 PM IST

Kanpur/Varanasi (U.P.), Nov 07 (ANI): While the Centre-led demonetisation completes a year on November 8, traders in parts of Uttar Pradesh still blame the step for their losses. A Kanpur-based trader said that the sales had hit rock bottom after labourers returned back to their native places. "Many mills, which employed 10 to 50 labourers earlier, are now managing with two workers", he said. Announced on November 08 last year, the move to scrap rupee 1,000 and 500 notes was taken to bring down the menace of black money.

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