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Economic security of people jeopardised due to demonetisation: Mamata

Press Trust of India  |  Kolkata 

today said the economic security of the common people has been jeopardised since the introduction of demonetisation and asked the central government to probe reports of frauds.

Banerjee said her party will take up the issue in Parliament "very soon" about the large number of incidents of fraudulent withdrawals in the city and elsewhere.

The should also look into reports of frauds due to which people were affected. Investigations should be held to find out who are behind these frauds, she told reporters here.

On the implementation of demonetisation, the said, "In a country where there are no branches in many remote areas, in a country of poor people, the Centre has introduced plastic economy. Such a move has taken away the economic security of the common people."

"Without crosschecking the situation in the country, they (the Centre) have introduced digital economy putting the common man in great difficulty," Banerjee said.

State Consumer Affairs Sadhan Pande, after a meeting with and police officials, said banks today said a new mechanism in ATM operation would be introduced by 2020 to prevent frauds.

The meeting was held to discuss ways to restore the confidence of consumers following the incidents of fraudulent withdrawals from ATMs.

"Our primary task is to restore the confidence of the panicky consumers and instil in them a feeling that their money is protected," he told reporters.

The said he had suggested that all ATMs should be linked with local police stations for direct monitoring to prevent such fraudulent acts.

Review of the CCTV camera footage of ATM kiosks should be done on a regular basis by banks, Pande said.

The minister said authorities of the of India (RBI) have assured cooperation to ensure safe service through ATMs.

A said two nationalised banks have assured people, who lost their money in fraudulent ATM withdrawals in the city, of repaying their lost amounts.

A special investigating team has been formed to probe the incidents and two Romanians were arrested from for their alleged involvement in the fraudulent withdrawals from ATMs.

Investigations are on to ascertain whether the two have links with their fellow countrymen held from other cities in similar cases, police said.

The two Romanians were brought to the city from on transit remand and were remanded to 14 days in police custody on August 5.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 06 2018. 23:10 IST