Government today said indelible ink will be used for disbursement of cash across bank counters to prevent people from returning again to withdraw cash. <br/><br/>Briefing media in New Delhi, Economic Affairs Secretary Shaktikanta Das said it has come to notice that the reason for long queues at banks and ATMs is that the same people keep coming again at different places. He said Prime Minister Narendra Modi and Finance Minister Arun Jaitley reviewed supply of currency for the second time in two days last night. <br/><br/>Mr. Das said cash availability with bank branches and Post Offices have been enhanced. The Economic Affairs Secretary further said government is encouraging places of worship to immediately deposit notes of smaller denominations so that they can be dispensed to people. <br/><br/>He informed that a Special Task Force has been set up to monitor infusion of fake currency especially in the vulnerable areas. He said a task force has been set up for shifting and storing of old notes in other places.<br/>The Economic Affairs Secretary also said Jan Dhan accounts with deposits above 50,000 rupees will be closely monitored. He quashed rumours that the new 2000 rupees note was fake because it was bleeding colour. He said all genuine currency, including 100 rupee notes, would bleed some colour because of the nature of the ink. He also urged people to not fall prey to rumours being spread through social media, like reports of certain institutions going on strike. <br/><br/>Mr. Das said tech team is being constituted to popularise the use of e wallets, and to oversee that ATMs are re- calibrated as early as possible.

Government today said indelible ink will be used for disbursement of cash across bank counters to prevent people from returning again to withdraw cash. <br/><br/>Briefing media in New Delhi, Economic Affairs Secretary Shaktikanta Das said it has come to notice that the reason for long queues at banks and ATMs is that the same people keep coming again at different places. He said Prime Minister Narendra Modi and Finance Minister Arun Jaitley reviewed supply of currency for the second time in two days last night. <br/><br/>Mr. Das said cash availability with bank branches and Post Offices have been enhanced. The Economic Affairs Secretary further said government is encouraging places of worship to immediately deposit notes of smaller denominations so that they can be dispensed to people. <br/><br/>He informed that a Special Task Force has been set up to monitor infusion of fake currency especially in the vulnerable areas. He said a task force has been set up for shifting and storing of old notes in other places.<br/><br/>Mr. Das said tech team is being constituted to popularise the use of e wallets, and to oversee that ATMs are re- calibrated as early as possible.