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India Moves to Ease Currency Shortage in Rural Areas

Posted on 24 November 2016

As India grapples with massive cash shortages, the government has announced a series of measures to improve the supply of new currency to the vast rural areas that have been worst hit since high value currency bills were scrapped earlier this month.
Economic Affairs Secretary Shaktikanta Das said on Wednesday that the large countrywide network of post offices would be used to distribute money. “The new denomination notes… have been made available in 155,000 post offices across the country to disburse cash, specially to rural people.”………………………………..Full Article: Source


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