Tag: lack of cash
India: Scrapping INR500, 1000 notes hit tourism
November 13 (TravelAndy): The recent scrapping of INR500 and INR1000 notes by the Indian government has hit the tourism sector hard.
According to a report in The Hindu newapaper, several bookings to Dehradun in Uttarakhand state in north India were cancelled this weekend due to lack of cash in ATMs, said hotel owners.
A similar situation has cropped up in the Himachal Pradesh state. The entire sector of adventure tourism has been badly hit. Continue reading India: Scrapping INR500, 1000 notes hit tourism