In the past three weeks, the government has announced a number of relaxations for people stuck with the old currency notes only to then roll them back within days, citing their misuse.
Exchange of old Rs. 500 & Rs. 1000 notes:
8 Nov: Exchange up to Rs. 4000 permitted till 24th November.
13 Nov: Limit increased to Rs 4500.
17 Nov: Limit decreased to Rs 2000.
24 Nov: Exchange stopped.
Cash withdrawal from Banks:
8 Nov: Daily limit of Rs. 10,000 and weekly Rs. 20,000
13 Nov: Daily limit removed and weekly raised to Rs. 24000
Exemptions:
8 Nov: Demonetized currency to be accepted at government hospitals and pharmacies, railway ticket counters, airline ticketing counters at airports, purchases at consumer co-operative societies, milk booths, state-run petrol/ diesel gas stations till 11th November.
10 Nov: Extended to payment of water and electricity bills.
11 Nov: Extended till 14th November; payment of court fees included.
14 Nov: Extended till 24th November.
24 Nov: Exemptions extended till 15th December but only for Rs. 500 notes.
1 Dec: Old Rs. 500 notes to be used at petrol pumps and for buying airline tickets at airport counters till 2nd December.
