Their factories paused, owners send workers to line up for new notes

  |   India News

Workers say that they had been queuing up outside Union Bank of India’s Mayapuri and Naraina branches since Thursday on behalf of their factory owners.
Holding up a deposit slip of Rs 35,000 issued in his name, a worker at an iron engineering works unit said: “My factory owner gave me Rs 35,000 in old notes and told me to deposit it in my bank account. He said he would deduct Rs 5,000 from my salary of Rs 9,000 every month till he recovered the amount... The owner has kept my Aadhaar card and asked for my address and details of a local guarantor and some relatives. He asked other workers to deposit money, too — some deposited lakhs of rupees.”

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