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Why restrictions are still there on cash withdrawal: Yechury

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Press Trust of India New Delhi
CPI(M) general secretary Sitaram Yechury today rubbished Union Finance Minister Arun Jaitley's statement that RBI has sufficient currency to inject, questioning where has all the money gone then and why restrictions are still there on cash withdrawals.

"Then where has all this money gone? Why are there still restrictions on cash withdrawals from banks?" Yechury asked on Twitter.

Earlier in the day, Jaitley said the currency situation has stabilised to a great extent but did not give any indication on lifting curbs on cash withdrawal from banks and ATMs though the 50-day window of demonetisation ended today.

"RBI has sufficient stock to inject a lot more currency which they will continue. Yesterday, I had gone around Delhi and we're getting reports from all over the country the crowds at the banks have eased significantly," he said.

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First Published: Dec 30 2016 | 8:13 PM IST

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