Indian Rs. 1,000 and Rs.500 currency demonetization is an epic exercise.
The figures are mind blowing and the only nation that can claim to be more
complex is China.
Study of Indian Population,
Banking Infrastructure and Deposits available was carried out to comprehend
difficulty of undertaking Demonetization exercise by Indian Government since
November 8th, 2016.
The outcome below is not a report
but to understand the gargantuan assignment undertaken by Government of India.
I
hope the shift is quiet and less painful as day’s move away from November 8th,
2016.
The population of 1.209 billion considered
is the 2011 census. The number of ATMs, Deposit details, Reporting offices
(i.e. branches) is based on Quarter 1 (2016-17) data obtained from Reserve Bank
of India (RBI) website.
Overall Facts:
All India
|
Numbers
|
States and Union Territories
|
36
|
Population (2011 Census)
|
1,209,909,538
|
Reporting Offices
|
134,014
|
ATMs
|
215,029
|
The problem of complaining will
come at places where ATM to population ratio is very low i.e. ATM available to individuals in the state. Similarly is with Reporting Offices / Population i.e. branches available to individuals in the state.
This will help in identifying the states with pain due to demonetization.
Demonetization Pain Index
|
||||||
States
|
2011
|
ATMs
|
ATM /
|
Reporting
|
Reporting
offices
/
|
Pain
|
Population
(Millions) |
Population
|
Offices
|
Population
|
|||
Bihar
|
103.80
|
7,675
|
13,525
|
6,427
|
16,151
|
High
|
Uttar
Pradesh
|
199.28
|
19,143
|
10,410
|
16,115
|
12,366
|
High
|
Manipur
|
2.72
|
305
|
8,924
|
150
|
18,145
|
High
|
Jharkhand
|
32.97
|
3,712
|
8,881
|
2,836
|
11,624
|
High
|
Assam
|
31.17
|
3,645
|
8,551
|
2,196
|
14,194
|
High
|
Chhatisgarh
|
25.54
|
3,068
|
8,325
|
2,334
|
10,943
|
High
|
Tripura
|
3.67
|
460
|
7,981
|
421
|
8,720
|
Moderate
|
West
Bengal
|
91.35
|
11,680
|
7,821
|
7,675
|
11,902
|
High
|
Rajasthan
|
68.62
|
8,875
|
7,732
|
6,745
|
10,174
|
High
|
Meghalaya
|
2.96
|
387
|
7,659
|
321
|
9,234
|
Moderate
|
Madhya
Pradesh
|
72.60
|
9,777
|
7,425
|
6,218
|
11,675
|
High
|
Mizoram
|
1.09
|
154
|
7,085
|
167
|
6,533
|
Moderate
|
Odisha
|
41.95
|
6,307
|
6,651
|
4,579
|
9,161
|
Moderate
|
Nagaland
|
1.98
|
302
|
6,558
|
152
|
13,030
|
High
|
Arunachal
Pradesh
|
1.38
|
223
|
6,200
|
144
|
9,601
|
Less
|
Jammu
And Kashmir
|
12.55
|
2,377
|
5,279
|
1,712
|
7,330
|
Moderate
|
Gujarat
|
60.38
|
11,625
|
5,194
|
7,366
|
8,198
|
Moderate
|
Andhra
Pradesh
|
49.39
|
10,456
|
4,723
|
6,552
|
7,538
|
Moderate
|
Maharashtra
|
112.37
|
24,829
|
4,526
|
11,927
|
9,422
|
Moderate
|
Lakshwadeep
|
0.06
|
16
|
4,027
|
13
|
4,956
|
Less
|
Haryana
|
25.35
|
6,496
|
3,903
|
4,567
|
5,551
|
Less
|
Uttarakhand
|
10.12
|
2,613
|
3,872
|
1,974
|
5,125
|
Moderate
|
Himachal
Pradesh
|
6.86
|
1,799
|
3,816
|
1,511
|
4,543
|
Moderate
|
Punjab
|
27.70
|
7,398
|
3,745
|
6,118
|
4,528
|
Moderate
|
Kerala
|
33.39
|
9,093
|
3,672
|
6,208
|
5,378
|
Moderate
|
Karnataka
|
61.13
|
16,929
|
3,611
|
9,630
|
6,348
|
Moderate
|
Telangana
|
35.29
|
10,036
|
3,516
|
4,875
|
7,238
|
Less
|
Andaman
& Nicobar Islands
|
0.38
|
112
|
3,392
|
64
|
5,937
|
Less
|
Sikkim
|
0.61
|
183
|
3,321
|
128
|
4,748
|
Less
|
Tamil
Nadu
|
72.14
|
23,728
|
3,040
|
10,052
|
7,177
|
Less
|
Dadra
Nagar Haveli
|
0.34
|
130
|
2,637
|
54
|
6,349
|
Less
|
Puducherry
|
1.24
|
514
|
2,421
|
232
|
5,364
|
Less
|
Daman
& Diu
|
0.24
|
111
|
2,188
|
47
|
5,168
|
Less
|
Delhi
|
16.75
|
9,070
|
1,847
|
3,444
|
4,864
|
Less
|
Goa
|
1.46
|
1,021
|
1,428
|
662
|
2,202
|
Less
|
Chandigarh
|
1.05
|
780
|
1,352
|
398
|
2,650
|
Less
|
Indicators:
ATM / Population | : | Population dependent on one ATM |
Reporting offices / Population | : | Population dependent on one Branch |
Data Sources:
Population: https://en.wikipedia.org/wiki/List_of_states_and_union_territories_of_India_by_population
State wise reporting offices and Deposits:
https://dbie.rbi.org.in/BOE/OpenDocument/1608101727/OpenDocument/opendoc/openDocument.faces?logonSuccessful=true&shareId=1
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