New Delhi, April 17: Several ATMs across states, including Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana are not dispensing cash. Reportedly, RBI has directed banks with surplus cash to help other banks facing a shortage of funds. As per ANI, in Patna, many ATMs are'out of service', locals say. People have been facing a lot of inconvenience in this heat. Similar situation is being faced by people in Vadodara, as people continue to face problem owing to cash crunch in ATMs. Condition is the same in several states across India as people share their inconvenience on Twitter.
#MadhyaPradesh: 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.' pic.twitter.com/VwtR3s7flL
— ANI (@ANI) April 17, 2018
Sitaram Yechury has taken a dig at the situation and has tweeted the following:
ATMs were empty in November 2016. ATMs are empty now. And the only party flush with cash is the BJP: the people suffer.
— Sitaram Yechury (@SitaramYechury) April 17, 2018
People have been tweeting that they are getting reminded of the long queues during demonetisation. Madhya Pradesh Chief Minister Shivraj Singh Chouhan has alleged a conspiracy behind Rs. 2,000 notes vanishing from the market. According to a NDTV report, Addressing a farmers' convention, Mr Chouhan said on Monday, "The currency worth Rs. 15,00,000 crore was in circulation before demonetisation. After the demonitisation exercise, the currency in circulation increased to Rs. 16,50,000 crore. But notes of Rs. 2,000 are missing from the market."
He further added, "Where are these notes of Rs. 2,000 denomination going? Who is keeping them out of circulation? Who are the persons creating shortfall of cash? This is a conspiracy to create problems. The government will act tough on this."
The government has assured that the issue will be resolved soon. While, Finance Minister reiterated that 'we have reviewed the currency situation and there is more than adequate cash available.'
(With inputs from agencies)
(The above story first appeared on LatestLY on Apr 17, 2018 12:15 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).