Government today said, a special task force has been set up to expedite the process of re-calibrating software and hardware of ATMs and and some of the ATMs will start dispensing higher denominations, including 2000 rupee notes, within two days. <br/><br/>Addressing the media on demonetisation in New Delhi today, Economic Affairs Secretary Shaktikanta Das said the emphasis of the government is to activate all supply channels whereby cash is dispensed to public. <br/><br/>Mr Das said that micro ATMs will dispense cash through debit and credit cards and cash supply would be enhanced to 1.3 lakh branch post offices so that they are able to provide money to account holders. <br/><br/>The Economic Affairs Secretary informed that the daily limit on withdrawals and exchange has been revised to improve liquidity in system. <br/><br/>ATM limit has been increased to 2,500 rupees. Mr. Das said petrol pumps, pharmacies, water, and electricity utilities will accept old notes till 24th of this month. <br/><br/>Saying that there is no need for public to panic, Mr Das assured that there is enough cash available in the system.
News On AIR | November 14, 2016 12:13 PM
ATMs to dispense new notes within two days: Govt