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
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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

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
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh    </title>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..."/>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..." />
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    <h1 class="cat-box-title">Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh</h1>
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                            <div align="justify">-Hindustan Times<br /><br /><em>Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.<br /></em><br />Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate.<br /><br />Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year. This rate of growth is much lower than that in the corresponding period in the previous year&mdash; an increase of 11.4% for March 2016 as compared to March 2015.<br /><br />But this could be attributed to many ATMs being reported either dysfunctional or short of cash even four months after Prime Minister Narendra Modi&rsquo;s November 8 announcement to recall the old Rs 500 and Rs 1,000 notes. Besides, it was only on March 13 that the RBI lifted all cash withdrawal limits.<br /><br />&ldquo;March trends show that people are getting back to their old habit of using cash and the withdrawals have touched the same level despite restrictions and inadequate cash supply,&rdquo; economist Nirupama Soundararajan of Pahle India Foundation told HT. In December 2016, when there were many restrictions in place, only Rs 849 billion was withdrawn.<br /><br />When contacted, minister of state for finance, SS Gangwar refused to comment on the issue. Other top officials of the ministry, too, did not respond.<br /><br />Please <a href="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html" title="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh    </title>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..."/>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..." />
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    <h1 class="cat-box-title">Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh</h1>
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                            <div align="justify">-Hindustan Times<br /><br /><em>Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.<br /></em><br />Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate.<br /><br />Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year. This rate of growth is much lower than that in the corresponding period in the previous year&mdash; an increase of 11.4% for March 2016 as compared to March 2015.<br /><br />But this could be attributed to many ATMs being reported either dysfunctional or short of cash even four months after Prime Minister Narendra Modi&rsquo;s November 8 announcement to recall the old Rs 500 and Rs 1,000 notes. Besides, it was only on March 13 that the RBI lifted all cash withdrawal limits.<br /><br />&ldquo;March trends show that people are getting back to their old habit of using cash and the withdrawals have touched the same level despite restrictions and inadequate cash supply,&rdquo; economist Nirupama Soundararajan of Pahle India Foundation told HT. In December 2016, when there were many restrictions in place, only Rs 849 billion was withdrawn.<br /><br />When contacted, minister of state for finance, SS Gangwar refused to comment on the issue. Other top officials of the ministry, too, did not respond.<br /><br />Please <a href="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html" title="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh    </title>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..."/>
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-Hindustan Times

Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.

Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve..." />
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    <h1 class="cat-box-title">Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh</h1>
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                            <div align="justify">-Hindustan Times<br /><br /><em>Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year.<br /></em><br />Cash transactions are back in vogue despite the government&rsquo;s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate.<br /><br />Withdrawals from ATMs in March this year stood at 2,259 billion &mdash; 0.6% more than what people withdrew in the same month last year. This rate of growth is much lower than that in the corresponding period in the previous year&mdash; an increase of 11.4% for March 2016 as compared to March 2015.<br /><br />But this could be attributed to many ATMs being reported either dysfunctional or short of cash even four months after Prime Minister Narendra Modi&rsquo;s November 8 announcement to recall the old Rs 500 and Rs 1,000 notes. Besides, it was only on March 13 that the RBI lifted all cash withdrawal limits.<br /><br />&ldquo;March trends show that people are getting back to their old habit of using cash and the withdrawals have touched the same level despite restrictions and inadequate cash supply,&rdquo; economist Nirupama Soundararajan of Pahle India Foundation told HT. In December 2016, when there were many restrictions in place, only Rs 849 billion was withdrawn.<br /><br />When contacted, minister of state for finance, SS Gangwar refused to comment on the issue. Other top officials of the ministry, too, did not respond.<br /><br />Please <a href="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html" title="http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html">click here</a> to read more. <br /></div>                                                           
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Demonetisation: Cash withdrawals in March nearly the same as last year -Mahua Venkatesh

Published on May 9, 2017   Modified on May 9, 2017

-Hindustan Times Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. Cash transactions are back in vogue despite the government’s push for a less-cash economy post-demonetisation, Reserve Bank of India (RBI) data on ATM cash withdrawals indicate. Withdrawals from ATMs in March this year stood at 2,259 billion — 0.6% more than what people withdrew in the same month last year. This rate of growth is much lower than that in the corresponding period in the previous year— an increase of 11.4% for March 2016 as compared to March 2015. But this could be attributed to many ATMs being reported either dysfunctional or short of cash even four months after Prime Minister Narendra Modi’s November 8 announcement to recall the old Rs 500 and Rs 1,000 notes. Besides, it was only on March 13 that the RBI lifted all cash withdrawal limits. “March trends show that people are getting back to their old habit of using cash and the withdrawals have touched the same level despite restrictions and inadequate cash supply,” economist Nirupama Soundararajan of Pahle India Foundation told HT. In December 2016, when there were many restrictions in place, only Rs 849 billion was withdrawn. When contacted, minister of state for finance, SS Gangwar refused to comment on the issue. Other top officials of the ministry, too, did not respond. Please click here to read more.

Hindustan Times, 8 May, 2017, http://www.hindustantimes.com/india-news/post-demonetisation-cash-use-back-in-vogue-despite-e-payment-push/story-K9MPFmMKcm1YrbrjDSJFuK.html

Tagged with: cash crunch Cash shortage Currency demonetisation Demonetisation

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