Former finance minister P Chidambaram today said the "ghost" of demonetisation has come back to haunt the government and alleged that the Rs 2,000 notes were printed only to help hoarders.
In the wake of cash crunch in some parts of the country, he also said there was a possibility that people have lost confidence in the banking system due to the "bank scams" and they were not putting their surplus money into the banks.
"The ghost of demonetisation has come back to haunt the Govt/RBI. Why are ATMs still being re-calibrated even 17 months after demonetisation?
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