Exactly on the moment we arrived in India, the government decided to abbrogate all 500 and 1000 rupee banknotes. About 85% of all banknotes are useless now. This has an enormous impact on daily life. You have to wait a long time in line for ATM’s and banks, and if you are lucky to get some money, the maximum you can receive is 2000 rupee (± € 26,00). Especially small entrepreneurs are the real victims. When you don’t accept cards, a lot of customers are not able to pay for their goods. A kind of new economy is visible now: paying cashless will become big, and people are becoming very easy and relaxed by selling on credit. In small villages they even make their own handwritten banknotes.
Ofcourse this has a lot of influence on my buying behaviour. This nest of bowls I buyed with my last scraped money and is symbolic now for the first step to my Indian interior outfit.