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Cash Shortage nationwide as ATMs are not dispensing cash

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Nimrat Kaur
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Cash Shortage nationwide as ATMs are not dispensing cash
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Cash Shortage nationwide as ATMs run out of notes, FM Jaitely explains Commenting on currency shortage, Finance Minister Arun Jaitely said, 'Have reviewed the currency situation in the country. Over all there is more than adequate currency in circulation and also available with the Banks. The temporary shortage caused by ‘sudden and unusual increase’ in some areas is being tackled quickly' The shortage of currency reported in Andhra Pradesh, Telangana and Madhya Pradesh in the past few weeks has spread to a few more states, news agencies said. Cash Shortage nationwide as ATMs run out of notes, FM Jaitely to rescue People in Bhopal say 'We are facing a cash crunch. ATMs are not dispensing cash. The situation has been the same since 15 days. We have visited several ATMs today as well, to no avail.' We've cash currency of Rs1,25,000 cr right now. There is one problem that some states have less currency&others; have more. Govt has formed state-wise committee & RBI also formed committee to transfer currency from one state to other. It'll be done in 3 days: SP Shukla, Mos Finance said.

People in Delhi say 'We are facing cash crunch. Most of the ATMs are not dispensing cash, the ones which are dispensing, have only Rs 500 notes. We are facing difficulty, don't know what to do'.

People in Vadodara complain of inconvenience due to lack of currency in ATMs; say, 'most of the ATMs were out of service, could only withdraw Rs 10,000 from one working ATM that also after spending a lot of time in the queue'
Many ATMs seen 'out of service' in Patna, locals say, 'have been taking rounds of ATMs since last three days but cash is still not available. Facing a lot of inconvenience in this heat'
-PTC News
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arun-jaitely fm-jaitely cash-shortage-nationwide atms-run-out-of-notes atms-are-not-dispensing-cash
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