2 to 3 weeks required to fix ATMs, says Finance Minister

November 12, 2016

New Delhi, Nov 12: Finance Minister Arun Jaitley said it would take 2-3 weeks to recalibrate ATMs machines to enable them to dispense new notes.

arun
Following demonetisation of currency ATMs across the country are witnessing long queues as people are flocking to them to draw currency.

ATMs are struggling to cope with the demand as they dispensing only Rs 50 and Rs 100 notes and would need to be recalibrated to distribute the new Rs 2,000 notes.

Addressing a press conference on Saturday afternoon, Jaitley said, the government was constantly monitoring the cash crunch.

He urged people to stagger depositing defunct currency and not crowd banks.

“I appeal to people to visit the banks after a few days to avoid standing in queues as the scheme is valid till 30th December 2016,” he said.

"It's a big regret that people are being inconvenienced. There are long queues, but orderly queues. There is no chaos,” he added.

He also refuted a claim made by Delhi CM Arvind Kejriwal that in the July-to-September quarter large amounts of money had been deposited with the banks, indicating that some people knew about the impending demonetisation.

Jaitley said there had been a marginal hike in bank deposits in September 2016 because of the release of Pay Commission's salary arrears.

Comments

Naren kotian
 - 
Sunday, 13 Nov 2016

Frustration from one particular community is quiet obvious as terror funds were hit hard and modi said he is planning to do more surgical strikes :) on hawala operators , fake currency king pings ... papa ... artha agatte ... we are with u jaitley ... as modi said benami propoerties must be tracked and penalty must be 300% .I checked wth many tax paying nationalist indians ... they are realy not frustrated ...hahaha altaf , hogappa ...

Skazi
 - 
Sunday, 13 Nov 2016

Good pose from Jaitley .....He is going to start his namaz ....

VOX POPULI
 - 
Sunday, 13 Nov 2016

\KETTA MAYLAY BUDDHI\". Mr.Jaitely (Jootley) is the most Arrogant by behaviour and illeterate and Jaahil(Hindi term) as far as experience and knowledge of Finance and Economics are concerned, who is also one of the Team member of some of other Illeterates or Jaahils who are Ruling our Great Nation with Democratic and Secular Constitution, with a Absolute Right to Live and Let Live Policy with due Respect and Regards to all Other Faith, for a Harmonius Living and Peaceful Co-Existence. Now,We the Educated, Highly Cultured and Civilsed People of India are forced to Pay the Penalty due to the Tughlak Durbar, in Terms of Each and Every Brainless Policy and Decesions of these so called Uneducated Team of Ministers and their Team Heads. May Almighty Save our Great Nation *INDIA* and All its Citizens *INDIANS* from all the Calamaties and Disturbance occuring due to these Ruthless and Merciless Rulers. May Almighty give Wisdom and Thinking to these Government Heads, before they implement any Rules and Policies, with a Sincere Feeling and Support, Exclusively for the Benefit of our Country and its Common Man. Long Live India and Indians. JAI ....HO."

Althaf
 - 
Sunday, 13 Nov 2016

Tab tak kya public teri G*** Mare ??

Rikaz
 - 
Saturday, 12 Nov 2016

Finance Ministry is not organized, they should have taken all steps before announcing withdrawal of these currencies.....useless guys working in one of India's reputed organization which is pathetic and very bad.....

suresh
 - 
Saturday, 12 Nov 2016

Dear Jaitly,

Can you tell sabjeewala, doodwala, hotelwala, grocery wala to take the money after one week? and give credit supply to people?

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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News Network
December 16,2025

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Melkar (Bantwal): The 9th Annual Day celebration of SMR Public School, titled “EXCELLENTIA”, was held on December 15 with great enthusiasm and dignity, marking a significant milestone in the institution’s journey towards academic excellence and holistic development.

The programme was inaugurated by Dr. U. T. Iftikar Ali. The chief guests were Dr. Akhtar Hussain, Mr. P. Moosabba Beary, Mr. Zakaria Jokattre, and Dr. T. M. Abdul Rahuf—whose inspiring addresses motivated the students and appreciated the school’s contributions to education.

Mr. Abdul Nasir, Mr. Ibrahim Gadiyar, Mr. Razak Golthamajal, Mr. Sali Koya, Mr. Arshad Hussain, Mr. Ismail Balanoor, Mr. Feroz Bawa, Mr. Sahul Hameed, Mr. Abubakkar, Mr. Hameed K. Mani, Mr. Abdul Majeed (Principal, Melkar Women’s College), and Mr. Abdul Lathief (Former Principal, Melkar Women’s College) were the guests of honour.

The Annual Report was presented by the Headmistress, Ms. Fathimathul Zaheera, highlighting the school’s achievements and progress during the academic year. The Presidential Address was delivered by the Chairman of SMR Public School, Dr. Haji S. M. Rasheed, who emphasised the vital role of education in shaping students’ futures and stressed the importance of discipline, dedication, and consistent effort in achieving 100 per cent academic results.

Secretary of SMR Public School, Mr. Rifath Ahmed, and PTA President, Mr. Sandeep Kumar, were also present on the occasion.

The Annual Day celebration showcased the collective efforts of students and teachers and reaffirmed the school’s commitment to quality education and all-round development. The programme concluded with a vote of thanks, expressing gratitude to all dignitaries, parents, and well-wishers for their support. The 9th Annual Day—EXCELLENTIA—was a memorable and successful event, leaving a lasting impression on everyone present. 

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News Network
December 17,2025

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Melkar, Dec 17: The 17th Annual Day and Graduation Ceremony of Melkar Women’s PU and Degree College, themed “Fusion-2K25,” was celebrated with dignity and enthusiasm, marking a significant milestone in the institution’s academic journey. The programme reflected the college’s steadfast commitment to academic excellence, character building, and the holistic development of students.

The event was inaugurated by Mr. Asif Mohammed, whose presence greatly enriched the occasion. The celebration was further graced by the chief guests Mr. P. B. Ahmed Mudassir and Mr. Nissar Fakeer Mohammed, along with the distinguished guests of honour Mr. B. A. Nazeer and Mr. Ibrahim Gadiyar. In their inspiring addresses, the guests encouraged the graduating students and appreciated the dedicated efforts of the management, faculty, and students.

The annual report was presented by the Principal, Mr. Abdul Majeed S, highlighting the institution’s academic progress, notable achievements, and extracurricular accomplishments during the academic year.

The presidential address was delivered by the esteemed Chairman of Melkar Women’s PU and Degree College, Dr. Haji S. M. Rasheed, who emphasized the vital role of education in empowering women and shaping responsible citizens. He also stressed the importance of discipline, dedication, and perseverance in achieving success.

Cultural programmes and academic recognitions formed an integral part of the celebration, showcasing the talents and achievements of the students. The graduation ceremony was a proud moment for the outgoing students as they were formally conferred degrees and wished success in their future endeavours.

Ms. Mashmooma Fathima served as the Master of Ceremonies. The welcome address was delivered by Ms. Fathima Nida, and the programme concluded with a vote of thanks proposed by Ms. Ayisha Suhana.

The event successfully achieved its objectives and was highly appreciated by the guests and attendees.

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