Besides films, cultural events also feel the cash crunch

The effect of the demonetization of `500 and `1,000 notes is being felt on events in the city, besides just film releases, as we told you on Friday. Artist Iloosh Judge Ahluwalia’s exhibition ARTiculate 2 was to begin from yesterday, November 12, but was deferred due to "the upheavals going on in the finance and banking sectors." Explaining why she deferred it, she says, “On Wednesday afternoon, I started getting calls and messages from friends – they were small but real problems, like a lack of cash for cabs or the commute.With an ATM withdrawal limit of `2000 per day, and cash generally in such short supply, nobody would want to waste money coming to see an exhibition. There are people waiting for cash, for petrol, etc – it’s not much point if 60-70 people commit to coming to the exhibition and then 30-40 don’t come. It’s just the timing – I know my friends will come if I ask them to, even though they’ll be put to some trouble, but it won’t be fair to them. Also, we are donating the proceeds to an NGO, and it won’t be fair to them if there are no proceeds on account of nobody coming." Her exhibition has now been rescheduled to February next year.
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After demonetization, two friday releases pushed to later dates
The Palate Fest Reimagined, an annual food fest, was to be held this month, but has also been rescheduled to February due to the cash crunch. The organizers had been quoted as saying in reports that though card payment was an option at some stalls, people preferred to pay cash at most outlets in previous editions of the festival, since most items were priced at about `100-200. Two movies, 'Saansein' and '30 Minutes', had also shifted their release dates from this Friday, as we told you earlier.