Friday, 25 November 2016

RETAILERS ROLE IN DEMONETIZATION

#Retailers Role in #Demonetization :
Every Individual and Institute is playing their own role in the historic move of demonetization.
The Government is working on to reduce the discomfort of common man due to the issue. The decision was sudden hence became effective too, again the time will tell the degree of effectiveness of the decision, but initially it has brought so many difficulty to farmers, small and medium enterprises and approx all aspect of the common-man's life.
Government has utilized retails chain in very smart way to reduce the difficulty as they utilized petrol pumps to dispense and exchange the cash , along-with the cooperative stores.
One of the best known retailer #BIGBAZAAR who has enabled some of the stores to dispense cash against debit cards, definitely its a positive move by a retail giant to help the people in this situation of note ban.
Others E-retailers like #PayTM are also playing their role to help and enable people to use plastic money to get access of day-to-day FMCG products and services.
Its a real good initiative of retailers to attract and earn the trust of customers .

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