Indian-origin Labour MP Virendra Sharma today urgedPrime Minister Narendra Modi to facilitate exchange services for Indian citizens and NRIs in the UK and elsewhere to help them convert Rs 500 and Rs 1000 notes following demonetisation of those notes.
"The demonetisation of 500 and 1000 Indian Rupee notes has caused significant inconvenience and hardship for many thousands of Indian citizens and NRIs not based in India. The Indian Government has not put in place enough safeguards to ensure that people with legitimate savings they have worked hard for are not left worse off," Sharma said in a statement.
"I have written to Modi to ask that exchange services are provided abroad so that people with a small amount of money are able to change the notes they legally kept hold of into legal tender.
"During discussions with the Indian High Commission in London, and Acting High Commissioner DineshPatnaik, we agreed that we must work to ensure that UK residents are not left out of pocket, and we will be cooperating to ensure the best result possible," he added.
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