long bank queues in india theres an app for that
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Long bank queues in India There's an app for that

Arab Today, arab today

Arab Today, arab today Long bank queues in India There's an app for that

India's shock decision to withdraw the two largest denomination notes
New Delhi - AFP

Huge bank queues have become an ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago -- but now you can hire-a-queuer online.

New Delhi-based startup BookMyChotu -- a play on the Hindi word "chotu" meaning "little one" -- is cashing in on the cash crunch, offering a solution for those willing to pay someone to stand in line for them.

"Are you short of cash? Need a Helper to stand in queue of the bank/atm till the time your turn comes??", reads an ad on the company's Facebook page.

"Our boys will not go inside bank, they will just stand in the queue for our customers as we understand that there can be some emergency and our helpers can help you by saving your valuable time." 

A "chotu" costs 90 rupees ($1.30) per hour or 550 rupees for waiting for a maximum of eight hours, and is only available in Delhi and neighbouring cities.

Indians have until the end of the year to exchange their old 500 and 1,000 notes -- 85 percent of the cash in circulation -- for the new 500 and 2,000 rupee bills, or deposit them into accounts.

The surprise decision is part of the government's assault on "Black money" -- undeclared, unaccounted cash -- and aims to bring more money into the formal banking system and ultimately boost the economy.

But it has caused a rush on the banks, while shortages of new notes and problems recalibrating ATMs to fit the new bills have seen hours-long queues form outside banks nationwide.

BookMyChotu was originally launched as an online platform to help people hire temporary helpers, but founder and CEO Satjeet Singh Bedi said he had received positive and curious responses since they started offering "chotus" to stand in bank queues.

"It started when my mother was ill and I immediately needed cash," Bedi told the Hindustan Times newspaper.

"I requested my teammates to stand in the queue in place of me and quickly replaced them when my turn came."

But some on social media have criticised the site's name, saying "chotu" implies child labour.

"Really @bookmychotu!? Can't find any better name? This appears to promote child labour," tweeted Mahendra.

"A service called bookmychotu to hire helpers...sounds so wrong on so many levels!" wrote Muskaan.

The company appeared ready for the criticism, and in a disclaimer on the site wrote: "*Please Note: "Chotu" is just a name and the same is being used for branding purposes. We have no intentions to hurt anyone's sentiments."

All helpers are well trained and over the age of 18, the company added on its Facebook page.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

long bank queues in india theres an app for that long bank queues in india theres an app for that

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

long bank queues in india theres an app for that long bank queues in india theres an app for that

 



GMT 12:11 2017 Thursday ,27 July

Tony Baroud to present new TV show

GMT 23:00 2017 Monday ,16 October

Egypt FM to head for Slovenia on Monday

GMT 20:06 2017 Friday ,20 January

Daesh in new demolitions at Syria’s Palmyra

GMT 21:06 2017 Friday ,24 November

Marriyum condemns Hayatabad terrorists attack

GMT 01:00 2017 Saturday ,25 November

Cabinet Affairs Minister Meets Indonesian Ambassador

GMT 02:34 2018 Thursday ,04 January

Merger creates state-owned gas giant

GMT 10:08 2017 Tuesday ,07 March

Geneva farce: The regime is the opposition

GMT 10:19 2017 Saturday ,18 November

AJK Prime Minister condemns across LoC shelling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday