India is in cash crisis again?

A farmer from Madhya Pradesh, India, had to mortgage his wife's jewelery in the last week to pay for the marriage of the girl. Twice he went to the bank and could not raise the money, he had to take a loan against a high interest loan.

According to a BBC report, in addition to Madhya Pradesh due to the liquidity crisis, long lines in front of the Andhra Pradesh, Telangana, Karnataka and Bihar Automated Teller Machines (ATMs) will be seen in the long line.

This picture of the suffering caused by the money was reminded of the events of the Narendra Modi government note 17 months ago. In order to prevent illegal money transactions, Modi banned the notes of Rs 1,000 and 500 rupees from the market and lifted it from the market.

At that time, 86 percent of the money in India's market was such a note. The service also lamented for cash in the state in the state.

The BBC's Saudi belief in his report, at that time, Indians submitted almost all the notes banned in the bank, amounting to $ 240 billion. Many people have described it as a "big big failure" by the Modi government in the logic that it used to play with the note at that time.