Note crisis in Uttar Pradesh seems to be also man-made
Lucknow: While customers in some parts of Uttar Pradesh are suffering because of note shortage in Automatic Teller Machines and banks, dacoits, in some other parts are looting the machines and post- offices where new or low denomination currency notes have been supplied. So, the hardship in the state is both government and man-made.
In last 24 hours two incidents of loot have reached the state capital, one from Hardoi, which is about 100 kilometres from here, and another from Meerut, which is closer to the union capital.
The amount involved in case of Hardoi is much larger—Rs 1.22 crores. All the notes supplied to the ATMs in the town were of !00 rupees denomination which are much in demand in semi-urban and rural areas.
Five banks—ICICI, Allahabad Bank, Corporation Bank and Union Bank—have reported the losses from 12 machines installed at the district headquarters. The needle of suspicion has been also pointed towards the employees of agency which was assigned the money supply task.
A case has been filed against two named persons—driver and guard—of the supply van in this connection so far. Both are said to be absconding.
In another incident, as much as Rs six lakhs have been looted from a post- office in Meerut. A case has been registered but no arrest has been made so far.