Cashless Economy NOT Cashless ATMs: Twitter on Cash Crunch

Tweeple are angry and amused at the cash crunch in ATMs across India.

After reports of several ATMs across the country not being able to dispense cash following a shortage, Finance Minister Arun Jaitley went into damage control mode.

He cited “sudden and unusual increase” in withdrawals as the reason for the cash crunch and assured that there was adequate currency with the banks.

Have reviewed the currency situation in the country. Over all there is more than adequate currency in circulation and also available with the Banks. The temporary shortage caused by ‘sudden and unusual increase’ in some areas is being tackled quickly.

— Arun Jaitley (@arunjaitley) April 17, 2018

The lack of availability of cash in ATMs was observed by people across Maharashtra, Gujarat, Uttar Pradesh, Telangana, Andhra Pradesh, and poll-bound Karnataka, among other states.

With Twitter users angry and amused in equal parts, “#CashCrunch” started trending soon enough.

Twitter Asks: ‘Is this Cashless Economy?’

Digital cashless India has been achieved as promised #CashCrunch #achedin

— Angad Kapur (@angad_kapur) April 17, 2018

I think Cashless economy doesn't mean Cashless ATM , is it.......🤔🤔. 😂 #CashCrunch#arunjaitley

— Ganesh Thakur (@iamganesh001) April 17, 2018

Retweeted Kanhaiya Kumar (@kanhaiyajnusu):

Dear Finance Minister,

Cashless Economy does not mean Cashless Banks and Cashless ATMs.
We hope you understand. 🙏#CashCrunch #CashlessATMs

— Mohamed Rameem (@mdrameem) April 17, 2018

Why are we facing cash crunch? Why are ATMs drying? If we had already reached pre-demonisation cash level then why sudden crunch? Is @RBI trying to answer these questions? Solution is not printing more cash... it’s going to root cause and solving for that #CashCrunch

— Paresh (@pareshnitk) April 17, 2018

After #DeMonetisation , Banking System and RBI lost its credibility.
Yet another unannounced Economic Emergency... #CashCrunch

— Vishal Tayade (@vishaltayade54) April 17, 2018

#CashCrunch Since demonitisation generally there is a cash shortage.Common men are most affected. ATMs are dry. Banks fixed lower limits for drawal. FM and RBI are issuing statements which are contrary to field level facts. Some thing wrong and it seems not good.

— theeagu (@theeagu) April 17, 2018

Modiji is on foreign tour to enjoy english weather. Jaitely ji is in hospital. Now country is on Ram bharose. This is true ram rajya. #CashCrunch

— Harsh Sharma (@harshsharma190) April 17, 2018

If only we had the nano GPS chips in the notes, we would have known where all the cash went. 💸💸#CashCrunch

— SubbuS (@subhashish06) April 17, 2018

It’s Back to PayTM, say the Funny Ones

There used to be dry days for alcohol. Now there are dry days for cash. #CashCrunch

— Chetan Bhagat (@chetan_bhagat) April 17, 2018

High time to activate those "inbuilt nano GPS chip" made with "state of the art technology" !
I also believe "agar sardar patel pehele PM hote toh aisa nahi hota". Time for PM Nehru to resign !
And "Congress ko jawab dena hoga ki 70 saal mai unhone kya kiya" 🤔😂#CashCrunch https://t.co/P6ofwI7Ki8

— Nishu (@The_Nishit) April 17, 2018

अब ATM नहीं, #Paytmkaro..!!#cashcrunch pic.twitter.com/I46tsAs7hW

— Rizwanpathan (@Rizwanpathan_13) April 17, 2018

RBI's trouble with 'NPA' seems to be never-ending.
Then: Non Performing Assets.
Now: Non Performing ATMs.#CashCrunch

— Mr. Bun (@MrFunyMan) April 17, 2018

Reporter - There’s no cash in the ATMs!

Arun jaitley - Everything will be alright

Reporter - But How?

Arun jaitley - Pay your taxes one more time and I’ll put that money in the #ATMs #CashCrunch #BharatiyaJailParty

— Siona Gogoi (@AtomicBlow) April 17, 2018

I went to a shop...I asked for detergent...he said bhaiya nahi milega!! I said why? He replied aapke pas cash nahi hoga aur hum paytm nahi rakhte... #CashCrunch #ATMs

— Bharat Pursuwani (@bharatpursuwani) April 17, 2018

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