BusinessChhattisgarhNational

Cgarh Chamber of Commerce highlights cash crunch in state; specifically mentions Koriya

neighboring states like Madhya Pradesh and Maharashtra have also reported severe cash crunch and the finance ministry is already issuing assurances

With cash crunch spreading on to many states, the problems appears to have creeped in Chhattisgarh as well.

This is because the people have been spotted outside ATM counters since morning and have failed to withdraw cash.

It is said that many a ATMs have run dry especially those that are located in main crossings or busy roads.

CCCI 2
CCCI 2

There is especially shortage of Rs 2000 notes.

When asked on the issue, Chief Minister Dr Raman Singh said that his government is monitoring the situation and would emergency steps if the need so arises.

It may be mentioned that neighboring states like Madhya Pradesh and Maharashtra have also reported severe cash crunch and the finance ministry is already issuing assurances.

Meanwhile, the Chhattisgarh Chamber of Commerce and Industries state President Jitendra Barlota has written to the State Bank of India, Byron Bazaar that cash crunch would severely hurt the businesses.

He also wrote of being tipped off on especially dire situation in Koriya district where ATMs are not coughing out cash.

He said that while the bank officials have said that people can continue to tranasct with digital mode, the ATMs running dry have caused serious problem and needs to be rectified.

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Cgarh Chamber of Commerce highlights cash crunch in state; specifically mentions Koriya
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