Note fallout hits Chandigarh litfest: Book sales nosedive
The effects of Prime Minister Narendra Modi’s ban on Rs 500 and Rs 1,000 banknotes have been far-reaching, and the Chandigarh Literature Festival is no exception. Even something as basic as book sales, which otherwise one would think be high at a lit fest, have been affected.punjab Updated: Nov 13, 2016 16:06 IST
The effects of Prime Minister Narendra Modi’s ban on Rs 500 and Rs 1,000 banknotes have been far-reaching, and the Chandigarh Literature Festival is no exception. Even something as basic as book sales, which otherwise one would think be high at a lit fest, have been affected.
A rather cornered book stall at the entrance to the festival venue at the Chandigarh Club over the past three days has been testimony to the impact of the note fallout.
Not only did HT witness various frustrated literature buffs turnaround from the stall, with no change to pay; even the book sellers were seen lamenting about the same.
Badhe Lal, a book seller at the counter, said, “The demonetisation has impacted our sales. Earlier, there was a sale of about Rs 30-Rs 40,000. But, in past two days, we have earned only Rs 2,000-Rs 2,500.”
His comrade, Kanwar Singh, the book stall incharge said, “Earlier there would be about 30-40 customers per day but this time, only 8-12 people have come to buy books in a day.”
Ironically, even though they have kept a card machine, most people aren’t carrying their cards, they shared. Employees of the Capital Book Depot, Sector 17, said that the business back at the shop had also been adversely impacted and that it would take a while for it to resume.
Sameera, 23, a college student, said, “It’s just bad timing, I haven’t managed to withdraw cash and they aren’t accepting Rs 500 banknotes. What am I to do? I’ll have to wait to buy the book I wanted.”
Sanjay Singh, 55, who enjoys reading excerpts from the book the panellist is reading out during the session told HT, “This is precisely why I like to attend literary fests and buy books from there itself but well, Modiji had different plans for us this time. I forgot to carry my card as well.”