PITHORAGARH: Demonetisation of Rs 500 and Rs 1,000 notes has created major problems for Nepalese citizens living along the international border here. Many such people work in India as unskilled labourers, or in the Army, in factories and small businesses. Many among them have been unable to exchange the notes they already had at bank branches, because they have no identification cards. On the other side of the border, Nepalese banks refuse to accept or exchange these notes.Ordinary Nepalese citizens living in their territory, who depend on Indian border towns such as Dharchula, Jauljibi, Jhulaghat, Tanakpur and Banbasa for their daily needs have been unable to buy them at markets for the past two days.The many retired personnel of the Indian Army who are Nepalese citizens receive their pension at the nearest SBI branch on the Indian side. At Jhulaghat, more than 200 ex-soldiers and other personnel draw their pensions from banks. Now these people have demonetised notes but are facing hurdles in exchanging them, because banks are asking for Aadhaar Card, Pan card or other documents, which the Nepalese citizens do not have, pointed out local resident Surendra Kumar.“I tried to exchange the notes first at Indian banks at Dharchula, then at Nepalese banks like Rashtriya Banijya Bank, Janta Bank and Sunrise Bank. All of them refused,” said Nepalese citizen Dhan Bahadur. Unskilled labourer...
News Source: http://timesofindia.indiatimes.com/city/dehradun/Currency-woes-hit-Nepalese-citizens-along-border/articleshow/55377102.cms