Ad

Govt Has Adequate Cash,ATMs Dry,FM Tweets Early Cure

Finance Minister Jaitely

Finance Minister Jaitely

[New Delhi] Govt Has Adequate Cash But ATMs Are Dry,FM Tweets Early Cure .
Finance Minister Arun Jaitley today said there is “more than adequate” currency in circulation and the temporary shortage in certain states is being “tackled quickly”.
There have been reports of currency shortage in at least six states —
Gujarat,
Eastern Mahashtra,
Madhya Pradesh,
Bihar,
Andhra Pradesh and
Telangana.
Jaitley said in a tweet that he has reviewed the currency situation in the country.
Minister of State for Finance Shiv Pratap Shukla said the government has formed a committee to address the problem of currency shortage in certain states and the issue would be resolved in next 2-3 days.
RBI report show that the currency in circulation in the country has reached the pre-demonetisation level of about Rs 17 lakh crore