Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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    <h1 class="cat-box-title">15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan &amp; M Rajshekhar</h1>
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		 Published on</span><span class="text-date"> Apr 19, 2018</span>
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                            <div align="justify">-Scroll.in<br /><br /><em>From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. <br /></em><br />One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an &ldquo;unusual spurt&rdquo; in currency demand, although they have yet to convincingly explain the reasons behind that spike and why it has come now. Beyond the official statements, others have added many more potential theories in an attempt to explain what seems to be a sudden spell of ATMs running dry.<br /><br />The lack of clarity on what is happening in the economy, from trustworthy Gross Domestic Product or employment numbers to the government&rsquo;s deliberate opacity over demonetisation figures, has led to much speculation about what might actually be happening here. Some of the theories do not go beyond describing what is happening. Others seem less tethered to facts than a need to explain away the crunch. A third set, however, raise more fundamental questions about the currency shortage. <br /><br />Please <a href="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation" title="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan &amp; M Rajshekhar</h1>
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                            <div align="justify">-Scroll.in<br /><br /><em>From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. <br /></em><br />One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an &ldquo;unusual spurt&rdquo; in currency demand, although they have yet to convincingly explain the reasons behind that spike and why it has come now. Beyond the official statements, others have added many more potential theories in an attempt to explain what seems to be a sudden spell of ATMs running dry.<br /><br />The lack of clarity on what is happening in the economy, from trustworthy Gross Domestic Product or employment numbers to the government&rsquo;s deliberate opacity over demonetisation figures, has led to much speculation about what might actually be happening here. Some of the theories do not go beyond describing what is happening. Others seem less tethered to facts than a need to explain away the crunch. A third set, however, raise more fundamental questions about the currency shortage. <br /><br />Please <a href="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation" title="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan &amp; M Rajshekhar</h1>
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                            <div align="justify">-Scroll.in<br /><br /><em>From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. <br /></em><br />One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an &ldquo;unusual spurt&rdquo; in currency demand, although they have yet to convincingly explain the reasons behind that spike and why it has come now. Beyond the official statements, others have added many more potential theories in an attempt to explain what seems to be a sudden spell of ATMs running dry.<br /><br />The lack of clarity on what is happening in the economy, from trustworthy Gross Domestic Product or employment numbers to the government&rsquo;s deliberate opacity over demonetisation figures, has led to much speculation about what might actually be happening here. Some of the theories do not go beyond describing what is happening. Others seem less tethered to facts than a need to explain away the crunch. A third set, however, raise more fundamental questions about the currency shortage. <br /><br />Please <a href="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation" title="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation" class="re" target="_blank">Scroll.in, 18 April, 2018, https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation</a><div class="clear"></div>
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15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan & M Rajshekhar

Published on Apr 19, 2018   Modified on Apr 19, 2018

-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they have yet to convincingly explain the reasons behind that spike and why it has come now. Beyond the official statements, others have added many more potential theories in an attempt to explain what seems to be a sudden spell of ATMs running dry. The lack of clarity on what is happening in the economy, from trustworthy Gross Domestic Product or employment numbers to the government’s deliberate opacity over demonetisation figures, has led to much speculation about what might actually be happening here. Some of the theories do not go beyond describing what is happening. Others seem less tethered to facts than a need to explain away the crunch. A third set, however, raise more fundamental questions about the currency shortage. Please click here to read more.

Scroll.in, 18 April, 2018, https://scroll.in/article/876023/12-theories-about-why-india-is-facing-a-cash-crunch-a-year-and-a-half-after-demonetisation

Tagged with: cash crunch cash deficit Cash Hoarding Cash payments Cash shortage ATM transactions ATMs

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