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Congress threatens stir against cash shortfall in banks

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  10 May 2017 12:00 AM GMT

From Our Correspondent
Itagar, May 9: The Congress in Aruchal Pradesh has threatened to launch vigorous movement against the BJP-led NDA government at the Centre as well as the state government for their failure to provide cash to various banks in the state since last one month. “This has caused tremendous difficulties and problems to the common people in particular and the daily wage earners and business community,” Aruchal Pradesh Congress Committee (APCC) President Takam Sanjoy said in a statement today. “This is the serious fall out of so called demonetization launched by the Modi government at the Centre. The remonetisation programme of the central government has caused chaos, confusion and instilled miserable situation to the people of the state,” Sanjoy said. The party has warned the central and the state government to repair the cash flow to the state and the North Eastern region within one week time which, depends mostly on cash economy.
“We have patiently borne the difficulties and trauma due to lack of cash in ATMs of various banks in the capital as well as in various districts and circle headquarters. Almost all the ATMs in state capital and district headquarters are closed and this is a clear sign of collapse of state’s economy where the efficiency of both the governments at the centre and state is questioned,” Sanjoy said. He added that in case of failure to set the matter right, the party would be compelled to gherao all the banks throughout the state and launch indefinite democratic movements.

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