Aam aadmi queue up outside banks and ATMs, while raids reveal cache of new notes

Millions of people have been queueing up outside ATMs and banks for more than a month now after demonetisation was announced on November 8 this year. Despite the huge inconvenience faced by the common public, cash leaks have not stopped and several have managed to get their hands on huge caches of new currency notes of Rs 500 and Rs 2,000 as the rest of the country waits desperately for petty cash. Several cases have emerged in the past few days which have raised questions about the manner in which the post-demonetisation process is being executed. Also, the cash leaks appear to be coming out of banks, many private ones for that matter. So the mismanagement from the government’s side is not the only reason the people are struggling. Several bank employees have been found to be contributing to people’s problems as well.

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