Rs 500 notes use had been extended at the toll plazas till December 15 payments from the credit card, debit card and e-wallets has been enabled as well. Recently, Modi government had declared that Rs 500 notes cannot be used for the fuel stations and for buying airline tickets. Earlier the government had said that the scrapped currency would not be used anywhere after December 2.
Rs 500 notes use will be terminated after December 15 midnight
“Exemptions for use of old Rs 500 notes will end on 15 December midnight”, Economic Affairs Secretary Shaktikanta Das posted on twitter.
Toll on #NationalHighways can be paid through credit/debit cards, e-wallet; old Rs 500 notes will be accepted till Dec 15: Govt.
— Press Trust of India (@PTI_News) December 5, 2016
Recently, the widely used digital payment platform, Mobikwik has got permission from the National Highways Authority of India(NHAI) to enable digital payment option through the app at 391 toll plazas of NHAI, the news comes as a huge relief for the frequent commuters.
Now the scrapped currency cannot be used for the purchase of medicine, fuel, payment of electricity or water bills or the toll plazas as well. In the literal sense, the scrapped currency will now become ‘mere paper’.
The inconvenience caused by demonetisation policy is deemed to bother the citizens for few more months as the efforts by the government to subside the hassle seem to bring no results.
