Cash crunch in Rudraprayag leaves tourists stranded

Image
ANI Rudraprayag (Uttarakhand) [India]
Last Updated : May 03 2018 | 4:55 PM IST

A dire cash crunch situation in Uttarakhand's Rudraprayag has made life difficult for pilgrims who travel there to visit Kedarnath and Badrinath.

Speaking to ANI, a local said that there were more than 20 ATMs in Rudraprayag district but none of them are dispensing cash.

"Tourists do carry a certain amount of cash with them, however, they will need to withdraw cash from the ATMs at some point, but unfortunately, in Rudraprayag 15-20 ATMs of all national banks but all of them are empty. We locals can manage somehow, but for tourists, it is a big problem," said the local.

Meanwhile, Mangesh Kumar, the District Magistrate of Rudraprayag said that they were in touch with the Reserve Bank of India (RBI) to resolve the issue.

"It was a holiday for three consecutive days before this, that's why the ATMs couldn't be refilled with cash, we are coordinating with the RBI in this matter, we are making sure the tourists do not face any hassle because of this," he said.

Recently, similar cash crunch was witnessed in various states across the country including Delhi, Uttar Pradesh, Bihar, etc, causing inconvenience to the people.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2018 | 4:55 PM IST

Next Story