Modi Blow on Sankranthi Cock Fights

modi-demonetization-blow-on-sankranthi-cock-fightsDecember and January are busy months for Telugu people, especially to Seemandra. As it is the time of Sankranthi, one of the biggest festivals celebrated in Andhra and Telangana, a lot of transactions happen during this period, especially in the name of Cock fights people shower money on the game.

Though the game is banned, people organize the game illegally and heaps of money is exchanged during the game. Around 600 cores are spent on betting the Cockfight game every year. Court ban couldn’t stop this legendary game but Modi’s ban had definitely got the game down. As the game is organized totally using liquid cash, the cash ban brought a jerk to Cockfight lovers. As per reports the amount that could be spent on the game would be reduced to 200 core this year due to demonetization.

Though new notes of 2000 are out for circulation, due to limited withdrawal scheme, people couldn’t earn sufficient amount for the betting. The 500 notes are also out for circulation but in a slow pace and the other small denominations 100 and 50 notes are deficient due to lack of change crisis and are circulated less nowadays. One can call the dip in Cockfight as a side effect of Demonetization.

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