New Delhi: Chaos reigned on the streets for a fourth day on Friday as panicked people made a mad dash for banks and ATMs to exchange old Rs 500 and Rs 1,000 notes that are no longer legal tender.
But the government and RBI assurances of enough new Rs 500 and Rs 2,000 notes having been printed in advance belied the reality as ATMs across the country were starved of cash.
Political mudslinging over the move aimed at curbing black money also continued with Finance Minister Arun Jaitley and BJP chief Amit Shah questioning criticism of the action. Both said only those with black money should be afraid of the demonetisation.
With people fast running out of cash, the government later in the day extended by another 72 hours the use of old currency notes to pay public utility bills. The suspension of toll collection on National Highways was also extended till the midnight of November 14.
Read all the Latest News , Breaking News , watch Top Videos and Live TV here.
Comments
0 comment