In a sudden turn of events, we are getting report of cash having disappeared from the ATMs located in Bihar, Uttar Pradesh, Madhya Pradesh and Gujarat causing a lot of problem to the common man, who have to return home empty-handed from ATMs. While Finance Minister Arun Jaitley has called it a temporary shortage, West Bengal Chief Minister Mamata Banerjee said the crisis reminds her of days of demonetisation. Meanwhile, Congress President Rahul Gandhi has hit out at Prime Minister Narendra Modi and accused him of destroying the banking system.
Karnataka :Cash Crunch, ATM Runs Out Of Money, Public Facing Problem | ಸುದ್ದಿ ಟಿವಿ
Many states like Delhi, Maharashtra, UP, Telgangana and Rajasthan among others have reported that ATMs are either not working or have no cash. Many on twitter, including Mamata banerjee and Sitaram Yechury, are saying that it is a reminder of the cash crunch situation after demonetisation was announced in November, 2016. Union Minister for Finance, Arun Jaitley, has tweeted that the problem is temporary because of ‘sudden and unusual increase’ in some areas and that there is more than adequate currency in circulation.
In a sudden turn of events, we are getting report of cash having disappeared from the ATMs located in Bihar, Uttar Pradesh, Madhya Pradesh and Gujarat causing a lot of problem to the common man, who have to return home empty-handed from ATMs. While Finance Minister Arun Jaitley has called it a temporary shortage, West Bengal Chief Minister Mamata Banerjee said the crisis reminds her of days of demonetisation. Meanwhile, Congress President Rahul Gandhi has hit out at Prime Minister Narendra Modi and accused him of destroying the banking system.
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