After the demonetization and subsequent problems faced by people, the Government of Pondicherry has come up with several measures to cope with the situation. In such a move, the top leaders in Pondicherry BJP have asked the Pondicherry Government to order all private educational institutions to go cashless while adopting a card swiping machine for easy transaction of fees of the students.
V Swaminathan, president of the party’s local unit said that lots of parents have been facing hardships as managements of many schools and colleges insisted on cash payment. They are not issuing the receipts.
He also said that at a time when the Prime Minister of the country is keen on achieving the goal of the cashless transaction along with introducing e- wallet and digital banking, how can these private educational institutions take their own stand and ignore the steps taken by the PM.
He even urged Chief Minister of the state to intervene in the matter so as to provide relief to the aggrieved students and parents and issue orders to the institutions to install swiping machines. If the government hesitates to take such measures, it would only give rise to the doubts about the Government's genuine intention and question the state Government that it has failed to cope with the policy of the centre.
On 8 November 2016, Prime Minister Narendra Modi in an address to the nation disclosed that INR 500 and INR 1000 notes have been demonetised to curb black money transactions in the country.
The move on the part of the Government got a mixed reaction - a section of people welcomed the move and the other section opposed the move due to the shortage of currency notes and the government failing to solve the subsequent problem and taking the decision to without doing any prior work on it.