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The number of transactions in Rs 2000 in the city market has increased
Navi Mumbai Markets witness rise in Rs.2000 Currency transactions.
The Currency Notes
The Rs. 2000 currency pink notes, which had been progressively disappeared from the market, are now making a reappearance because of the Reserve Bank of India’s (RBI) decision to stop the issuance of Rs.2000 currency notes by September 2023. Many locals who had been keeping these notes are now taking them out with the goal of Utilising them for purchase in order to escape the inconvenience & Scrutiny of depositing them in banks. However, using these notes has proven to to be more difficult for traders than for the general public.
Customers are using Rs.2000 currency notes more frequently at places like APMC Markets, Gas stations, D’Mart, Reliance fresh, Malls, jewellery Stores, clothes Market, hotels & shopping centres. While some places accept the notes without hesitation, some refuse them due to shortage of change or only accept them if the amount to pe paid is Rs. 2000.
Speaking to the media, A market dealer from APMC said, “After the news of Stopping the issuance of Rs.2000 currency notes by September 2023. There has been a rise in the use of Rs 2000 currency in money transactions in APMC. “
Latest News
Airport Cable Theft Accused Dies in Police Custody
38-year-old man was arrested in connection with alleged cable theft at Navi Mumbai International Airport site.
The Death
A 38-year-old man arrested in connection with an alleged cable theft at the Navi Mumbai International Airport construction site died while in police custody at the NRI Sagari Police Station in Navi Mumbai. The deceased, identified as Sanjay Kantu Yadav, was a resident of Ulwe and originally from Varanasi. Police had arrested him on October 4 in connection with the alleged theft of electrical cables from the airport construction area. A court had subsequently remanded him to police custody until October 8.
According to police, Yadav was inside the lock-up around midnight when his condition suddenly deteriorated. His hands and legs reportedly became stiff, following which police immediately took him to Meenatai Thackeray Hospital in Nerul. Yadav was admitted to the hospital at around 12:50 am. Despite medical treatment, his condition worsened and doctors declared him dead at approximately 1:36 am.
Police officials said Yadav had undergone a medical examination before his arrest and had not reported any health problems. He was also produced before the court without raising any health-related concerns.
As the death occurred while Yadav was in police custody, the authorities have initiated the required legal and medical procedures. A post-mortem examination will determine the exact cause of death, while further inquiry into the circumstances surrounding the incident is underway.
Latest News
NMMC Assures Action on Rs 7,500 Allowance for Contract Workers
Written assurance follows MNS protest demanding implementation of civic body’s earlier decision.
The Allowance
The Navi Mumbai Municipal Corporation (NMMC) has assured that a proposal to provide a Rs 7,500 monthly allowance to eligible contract workers will be placed before the Standing Committee for consideration.
The assurance came after the Maharashtra Navnirman Sena (MNS) organised a ‘Topi Morcha’ at the NMMC headquarters on October 8, demanding implementation of the allowance. The protest was held over the delay despite the NMMC General Body approving the proposal through Resolution No. 652 on June 19, 2026.
MNS leaders and labour representatives later met NMMC Commissioner Dr Kailas Shinde and raised the issue of the pending allowance. The commissioner reportedly gave a written assurance that the proposal would be placed before the Standing Committee.
The delegation also highlighted salary and classification-related issues concerning employees working in the NMMC electricity department. The commissioner assured the representatives that the matter would be examined and addressed within a month. Following the assurances, the MNS temporarily called off the protest. However, MNS leader Sandeep Deshpande warned that the agitation could be intensified if the civic administration fails to act on its commitments.
The development has raised expectations among contract workers, who have been awaiting implementation of the allowance approved by the civic body.
Latest News
Wahal Chowk Traffic Jams Frustrate Ulwe Commuters
Residents Seek Better Traffic Management as Congestion Worsens During Peak Hours.
The Traffic Jams
Daily commuters in Ulwe are facing increasing traffic congestion at Wahal Chowk, causing delays and inconvenience, particularly during peak hours. The traffic situation has reportedly worsened due to ongoing road work and the growing number of vehicles using the area. Office-goers, motorists and auto-rickshaw passengers are among those affected by the frequent traffic jams.
The stretch near Malvan Tadka Hotel and Wahal Junction is witnessing heavy congestion, with traffic building up over nearly a kilometre during busy periods. Commuters say the absence of adequate traffic management and personnel at key points is adding to the problem. Shagun Chowk is another area where traffic movement has remained challenging. Although a traffic signal has been installed following complaints from residents, commuters say the situation continues to be difficult, especially during the evening and night.
The rapid development of Ulwe and increasing connectivity to Mumbai, including through the Atal Setu, have led to a rise in vehicular movement in the area. Residents fear that traffic problems could become more serious as the population and vehicle numbers continue to grow. Commuters have urged the authorities to deploy traffic personnel during peak hours, improve traffic management and ensure proper functioning of signals at important junctions.
Residents hope that timely action will help ease congestion and make daily travel through Wahal Chowk and surrounding areas safer and smoother.
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