Deadline extended: Railways to accept Rs 500, Rs 1,000 notes till Nov 14

Indian on Friday night extended the use of and Rs 1,currency notes, which have been demonetised by the NDA government, for ticketing, onboard catering and refund of tickets by another 72 hours to November 14.


While withdrawing and Rs 1,notes from the night of November 8-9, the government had allowed use of the old currency at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria and burial grounds and petrol pumps for 72 hours.


The use of demonetised currency notes of and Rs 1,denomination was extended upto November 14 tonight, and all concerned in the Indian have been instructed to comply with the latest instruction, a Railway spokesperson said.


However, the precautionary measures, like refund of cancelled tickets would be done through ticket deposit receipts (TDR) and not in cash among others, would continue, he added.


The had announced stop giving refund for cancellation of tickets in cash and instead issuing TDR.


In case of refund amount touching Rs 10,or above, the will only transfer the amount to the customer’s bank account and the person concerned is required to furnish account details for receiving the amount while cancelling the ticket.


The government had demonetised Rs 1,and notes from the midnight of October 8 with the aim to fight black money and corruption, while exempting a few emergency services like hospitals, petrol pumps, and airports for 72 hours days up to November 11.


This list was later expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets.


The time limit set was to expire on Friday mid-night, but it has now been extended by another 72 hours.


However, the move has attracted heavy rush at ticket counters at railway stations resulting in cash shortage. “So we are giving TDR to those who are cancelling tickets and if the refund amount is Rs 10,or more then it would be returned to the bank account of the person,” a official said.


On Friday, the government extended use of old defunct and Rs 1,notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores by another 72 hours to November 14 after struggled to cope with rush of people to get alternative currency.