Wednesday, March 05, 2025 | 09:22 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Letter to BS: Plan better to avoid cash crunch and inconvenience

There needs to be an alignment in planning and execution - of the design and printing of notes, to depositing them in the ATMs

Image
Premium

Business Standard
This refers to “RBI ramps up printing, rushes cash to states” (April 18). From the problems the common man faced during the initial days of demonetisation to the dry ATMs across the country — all this points to  inadequate planning in printing currency notes and in the management of ATMs. The institution responsible for currency management — the Reserve Bank of India (RBI) — should at least refrain from wishing away the inconveniences caused to the public.
Whatever little evidence there was of the positive aspects of demonetisation were all  but washed off by the unprofessional handling of the production and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in