The period from December end to January end is considered as the season of Cockfights. Particularly, This culture is being practiced in Godavari districts and Krishna districts. A business of around Rs 500 crore happens every year during this one month slot.
As any activity dependant on cash transactions had seen a slump due to demonetisation, People expected that there could be a huge impact on Cockfights as well. But, The reality is quite shocking! Cockfights have already been commenced at various parts of AP and people were splurging lakhs to test whether or not their favorite rooster emerges winner.
Due to the strict vigil, Several cases were registered already in various police stations. Lakhs worth new currency is being seized during these raids. But, The organizers of cockfights weren't getting discouraged by few arrests. In fact, They are hopeful of witnessing a 10% increase in the business this time inspite of the note ban.
As any activity dependant on cash transactions had seen a slump due to demonetisation, People expected that there could be a huge impact on Cockfights as well. But, The reality is quite shocking! Cockfights have already been commenced at various parts of AP and people were splurging lakhs to test whether or not their favorite rooster emerges winner.
Due to the strict vigil, Several cases were registered already in various police stations. Lakhs worth new currency is being seized during these raids. But, The organizers of cockfights weren't getting discouraged by few arrests. In fact, They are hopeful of witnessing a 10% increase in the business this time inspite of the note ban.