Sponsored by

Demonetisation: ATMs run out of money, but people get laddoos for standing in lines

Long queues outside banks in Delhi and the National Capital Region (NCR) were a common sight on Tuesday, as they opened after a three-day gap; after banks were shut for the second Saturday of the month on 10 December, it was followed by a Sunday and Milad-un-Nabi on Monday.

Once they opened, most banks ran out of cash within a couple of hours of opening, causing great disappointment for those gathered there since hours.

Ironicaly, it was also the day Union Finance Minister Arun Jaitley descended on the streets to interact with the people standing in lines. As reported by India TodayJaitley went to Cannaught Place (Rajiv Chowk) in the national capital to take stock of ATMs.

The NDA government has remained confident that demonetisation will be good for the Indian economy. As this is coming while people have been complaining about the prospect of standing in long lines, the frustration has only increased.

 Demonetisation: ATMs run out of money, but people get laddoos for standing in lines

Arun Jaitley. PTI

"Why there is no cash for people in the banks?" an agitated Ram Krishna Mahto, who failed to withdraw cash after waiting in the line since 10 am asked.

Pointing a finger at the bank personnel, he alleged, "They must be passing on money from the back door."

An ICICI Bank ATM at Connaught Place was one of the many in the nation's capital which went cashless within hours of opening.

Disappointed, some people started questioning the very rationale of the demonetisation decision, saying they were also feeling that banks were colluding with businessmen to change money, leaving the banks "dry".

People were also seen arguing with bank guards and other staff members after they were told that the cash was over.

Meanwhile, BJP leaders took to distributing sweets to people standing in lines as a reward for participating in this government scheme.

"Despite facing some inconvenience, people supported the move. Now, it is our turn to thank them and show our appreciation and respect for their patience," Delhi BJP chief Manoj Tiwari told The Indian Express, while praising Prime Minsiter Narendra Modi's move.

With inputs from IANS

Your guide to the latest election news, analysis, commentary, live updates and schedule for Lok Sabha Elections 2019 on firstpost.com/elections. Follow us on Twitter and Instagram or like our Facebook page for updates from all 543 constituencies for the upcoming general elections.

Updated Date: Dec 13, 2016 20:14:54 IST

Also See