Cash Crunch In Smaller Towns? UP Reality Check

PUBLISHED ON: April 20, 2018 | Duration: 3 min, 10 sec

   
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The centre says it has effectively tackled the cash shortage situation in many parts of the country and that the finance ministry in touch with the central bank RBI to ensure faster movement of cash to states facing a crunch. The government also claims 80 per cent ATMs are now working across India against the normal 85-90 per cent. Just how true are the claims - we did a reality check in Uttar Pradesh's Barabanki district, and also looked at whether procurement of grain from farmers has also been a factor leading to the cash crunch - as mentioned by the chief of the State Bank of India.
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