Cash crunch: Rahul Gandhi slams PM Modi after ATMs run dry in several states

Cash crunch: Rahul Gandhi slams PM Modi after ATMs run dry in several states
Cash crunch: Rahul Gandhi slams PM Modi after ATMs run dry in several states

New Delhi : Congress President Rahul Gandhi on Tuesday blamed Prime Minister Narendra Modi after reports of ATMs running dry in several parts of the country emerged on news channels.

Mr Gandhi, who is on a three-day visit to Amethi and Raibareli, claimed that all this is happening because PM Modi has "destroyed the banking system."

"Nirav Modi fled with Rs 30,000 crore and PM didn't utter a word. We were forced to stand in queues as he snatched Rs 500 and Rs 1000 notes from our pockets and put them in Nirav Modi's pocket," Mr Gandhi said in Amethi. 

Later in a tweet, Rahul attacked the Modi government. 

Earlier, Madhya Pradesh Chief Minister Shivraj Singh Chouhan claimed that Rs 2000 note is vanishing from the market and it is a 'conspiracy'.

Finance Ministry, on the other hand, has called for a meeting with Reserve bank of India (RBI) officials to take stock of the current crisis.

Andhra Pradesh, Telangana, Madhya Pradesh, Bihar and Gujarat are some of the states where people are complaining about ATMs going out of cash.

Finance Minister Arun Jaitley took to Twitter to assure that there is no cash crisis. 

"Have reviewed the currency situation in the country. Overall there is more than the adequate currency in circulation and also available with the Banks. The temporary shortage caused by ‘sudden and unusual increase’ in some areas is being tackled quickly," Jaitley tweeted.