Cash Crunch May Bring Back Demonetisation Days

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New Delhi: Trinamool Congress leader Dinesh Trivedi on Wednesday asked the government to come out with the “real reasons” behind the cash crunch across the country, including whether there are plans to discontinue the Rs 2,000 denomination notes.

“I feel that the real reason for the cash crunch is because the government has perhaps decided to discontinue the Rs 2,000 denomination currency notes,” Trivedi, who is a member of the Parliamentary Standing Committee on Finance, said here.

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Referring to the demonetisation exercise in 2016, Trivedi said the Rs 2,000 denomination notes were brought in then to match the quantum of money that had gone out of circulation due to the scrapping of the old Rs 1,000 and Rs 500 currencies.

Big notes missing. Reminder of #DeMonetisation days. Is there a Financial Emergency going on in the country? #CashCrunch #CashlessATMs.”

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