Saturday, May 18, 2024
spot_img

State doing its bit to arrest currency shortage

Date:

Share post:

spot_img
spot_img

SHILLONG: The State authorities are doing their bit to ensure the problem of currency shortage is addressed and notes are made sufficiently available to the distressed people.
Chief Secretary K.S Kropha on Sunday said the Additional Chief Secretary had had a meeting with RBI and bank officials to make all arrangements.
In East Khasi Hills, there have been allegations of traders trying to take advantage of the current situation by making illogical demands asking consumers to purchase commodities amounting to a thousand rupees or more. Refusal to accept Rs 500 and Rs 1000 notes only aggravated the problem.
Meanwhile, West Jaintia Hills Deputy Commissioner Arun Kumar Kembhavi has allayed fears of shortage of Rs 100 notes and stated that it is only an artificial shortage. He observed that people’s refusal to part with the Rs 100 notes, which are high in demand after demonetization, has created a temporary shortage.
“We have issued orders to traders not to sell more than the MRP or indulge in black marketing or hoarding,” he said.

spot_img
spot_img

Related articles

Robbers loot Umdihar Presbyterian Church

Nongpoh, May 18: Unidentified robbers armed with iron rods stormed the Umdihar Presbyterian Church in Ri Bhoi district...

INDIA bloc claims ‘acche din’ to start from June 4, will win 46 of 48 LS seats in Maha

Mumbai, May 18: Exuding supreme confidence, the national opposition INDIA bloc partners asserted that ‘achhe din’ promised by...

Over 65,000 pilgrims register for Amarnath Yatra 2024

Srinagar, May 18: Over 65,000 pilgrims have so far registered for this year’s annual Amarnath Yatra. Officials said that...

‘Outrage of modesty’ complaint against Bengal Governor: Three Raj Bhavan staffers booked

Kolkata, May 18: Three employees of Raj Bhavan in Kolkata were booked on Saturday in connection with the...