These measures will help in smooth running of business of pharma wholesalers and distributors, All India Organisation of Chemists and Druggists (AIOCD) said. Watch what else is in the news“We have urged Prime Minister Narendra Modi to allow pharma wholesalers and distributors to accept old notes (of Rs 500 and Rs 1,000) for smooth supply of life-saving drugs. The government has already allowed retailers to accept old notes,” AIOCD President J S Shinde said in a statement Mumbai. Shinde said: “As per government orders, pharmacies in private and government hospitals are providing medicines to customers in exchange of old notes. “Another demand we have is permitting withdrawal of Rs 48,000 instead of Rs 24,000 per week,” he said.

Source: Indian Express November 18, 2016 16:54 UTC