With reference to Anup Roy’s report, “Supply 40% notes to villages: RBI to banks” (January 4), although this is not the time for a blame game, the Reserve Bank of India’s latest instructions may be interpreted as tacit admission of the fact that the government and the banking system, including the central bank, missed taking a few steps while demonetising Rs 500 and Rs 1,000 notes November 8 onwards.
These steps include readying at least a majority of ATMs to dispense the new high-denomination notes of different design and size, the print order for which had been given long back.
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