Chemists confused over old currency notes
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Chemists confused over government orders on currency notes

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Confusion prevails among chemists over interpretation of various government orders over accepting old currency notes of Rs 500 and Rs 1,000 that were demonetised on November 8.

As per the government order, petrol pumps, public hospitals, pharmacy chains and railway ticket counters could accept notes in the two denominations. But according to a notification released by the Press Information Bureau, only government pharmacy chains are allowed to take old notes.

This has caused confusion among private pharmacy chains, which are now playing it safe and not accepting the old notes.

This has further added to the woes of common man, as there is little cash transaction at government chemist shops which mostly give away free medicines. Private chemist shops are where bulk of pharma transactions takes place.

“Government needs to come out with clear notification. We were doing cash on delivery till November 14, but not any longer,” said Dharmil Sheth, co-founder of Pharmeasy, a mobile app that allows users buy medicines online using valid prescription.

Pradeep Dadha, founder of e pharmacy startup Netmeds, said that his company has stopped cash on delivery (COD) orders. However 1mg, one of India’s leading e-pharmacy companies, is still accepting COD orders with prescription.

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