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 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 16,2025

Mangaluru, Dec 16: The Mangaluru City police have significantly escalated their campaign against drug trafficking, arresting 25 individuals and booking 12 cases under the Narcotic Drugs and Psychotropic Substances (NDPS) Act between November 30 and December 13. The crackdown resulted in the seizure of a substantial quantity of illicit substances, including 685.6 grams of MDMA and 1.5 kg of ganja.

The success of this recent drive has been significantly boosted by the city’s innovative, QR code-based anonymous reporting system.

"The anonymous reporting system has received an encouraging response. Several recent arrests were made based on inputs received through this system, helping police tighten the noose around drug peddlers," said the City Police Commissioner.

The latest arrests contribute to a robust year-to-date record, underscoring the police's relentless commitment to combating the drug menace.

Up to December 14 this year, the police have registered a total of 107 cases of drug peddling, leading to the arrest of 219 peddlers. Furthermore, they have booked 562 cases of drug consumption, resulting in the arrest of 671 individuals.

The scale of the seizure for the year reflects the magnitude of the problem being tackled: police have seized 320.6 kg of ganja worth ₹88.7 lakh and 1.4 kg of MDMA valued at ₹1.2 crore. Other significant seizures include hydro-weed ganja worth ₹94.7 lakh and cocaine worth ₹1.9 lakh, among others.

The Commissioner emphasized a policy of rigorous enforcement: "We ensure that peddlers are caught red-handed so that they cannot later dispute the case or claim innocence."

To counter the rising trend of substance abuse among youth, the Mangaluru City police have rolled out uniform guidelines for random drug testing across educational institutions.

As part of the drive, tests were conducted in approximately 100 institutions, screening an estimated 5,500 to 6,000 students in the first phase. 20 students tested positive for drug consumption during the initial screening.

Students who tested positive have been provided counselling and are scheduled for re-testing in the second quarter. The testing will also be expanded to students not covered in the first phase. In a move to ensure strict implementation, police personnel were deployed in mufti in some institutions. Reiterating a zero-tolerance stance, the Commissioner confirmed that random testing will continue, and colleges have also been instructed to conduct drug tests at the time of admission to deter substance abuse from an early stage.

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