An innovative way of protest

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Going South
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An innovative way of protest

Postby Going South » Wed Sep 09, 2015 12:03 pm


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Re: An innovative way of protest

Postby Going South » Wed Sep 09, 2015 12:06 pm

If every one of this community withdraw 1000 dollars it would have catastrophic effect on economy as

"There are about 1.40 crore Patidars in the state with approximately 70 lakh bank account. So you can imagine the impact of simultaneous withdrawal of Rs 50,000 or more.

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An innovative way of protest

Postby Going South » Wed Sep 09, 2015 12:07 pm

1 Crore = 10 million. = 100 lakh
1 dollar = 66 rupees

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Re: An innovative way of protest

Postby GpeL » Wed Sep 09, 2015 12:41 pm

This will get interesting. Even though, the amount will be considerable at a state level. But the state budget or the net position of the bank will not be affected much by 14000 crore withdrawal.. (these days, an average home expense per month is about that much),

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Re: An innovative way of protest

Postby Going South » Wed Sep 09, 2015 12:49 pm

They said 50,000 or MORE. patels are very rich community. They own all motels and 7-elevens and many gas stations in U.S. An average Patel has at least 10 crore. The numbers would be even bigger.

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Re: An innovative way of protest

Postby GpeL » Wed Sep 09, 2015 12:53 pm

yup but I doubt peeps will takeout more cos of security issues.

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Re: An innovative way of protest

Postby Going South » Thu Sep 10, 2015 2:24 pm

Oh you need to count mass hysteria. When some 50 odd patels walk into a bank and empty their accounts what would be reaction of other non-patels? If it were me, it would scare the hell out of me and the fear make me empty my account out of that bank immediately leading to a frenzy as more panic would add as when they are told there is no money left in bank and they need to get it from reserve bank etc. I won't be surprised if that lead to banks being burnt by angry customer mobs Patel or not does not matter.

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Re: An innovative way of protest

Postby GpeL » Thu Sep 10, 2015 2:43 pm

Well yaa.. lets see how it all pans out. So far everything seems to be normal.. that hard-dick fellow has run out of gas