BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
N
W
T
logo
Breaking News

ATM’s saying “NO” to money in many states.

Tuesday - April 17, 2018 5:06 pm , Category : WTN SPECIAL

Once again lack of currency problem has been raised in many states. In few states ATM has been cashless and public is facing problems. Here Finance Minister Arun Jaitley said there is "more than adequate" currency in circulation and the temporary shortage in certain states is being "tackled quickly".

Due to reports, at least six states ie Gujarat, Eastern Mahashtra, Madhya Pradesh, Bihar, Andhra Pradesh and Telangana are facing lack of currency problems. But finance minister Arun Jaitley said in a tweet that he has reviewed the currency situation in the country.
People have complained about a cash crunch in Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana. Many have tweeted about not getting cash at ATMs in Delhi too, in a reminder of long queues and non-functioning machines after demonetization in November 2016.

Minister of State for Finance Shiv Pratap Shukla said that the government had formed a committee to address the problem of currency shortage in certain states and the issue would be resolved in next 2-3 days.

"The Government has set up state-wise committee and RBI has also formed a committee to transfer currency from one state to other because for money transfer you need the permission of the RBI and problem will be solved in 2-3 days," Shukla said. 

But according to RBI report, the currency in circulation in the country has reached the pre-demonetization level of about Rs 17 lakh crore.
 
 
Leave a Comment
* Name
* Email (will not be published)
*
* - Required fields
 

RELATED NEWS