mater Stroke:After 1.5 years, Demonetization yields 'Cash Crunch'
ABP News Bureau
Updated at:
17 Apr 2018 10:24 PM (IST)
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Reacting on reports of currency shortage in some states, the development is a reminder of demonetisation days.
There have been reports of currency shortage in at least six states -- Gujarat, eastern Maharashtra, Madhya Pradesh, Bihar, Andhra Pradesh and Telangana.
Union Finance Minister Arun Jaitley, however, said there was "more than adequate" currency in circulation and the temporary shortage in certain states was being "tackled quickly".
"Overall, there is more than adequate currency in
circulation and also available with banks. The temporary shortage caused by the 'sudden and unusual increase' (in demand) in some areas is being tackled quickly," he assured.
There have been reports of currency shortage in at least six states -- Gujarat, eastern Maharashtra, Madhya Pradesh, Bihar, Andhra Pradesh and Telangana.
Union Finance Minister Arun Jaitley, however, said there was "more than adequate" currency in circulation and the temporary shortage in certain states was being "tackled quickly".
"Overall, there is more than adequate currency in
circulation and also available with banks. The temporary shortage caused by the 'sudden and unusual increase' (in demand) in some areas is being tackled quickly," he assured.
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