The ghost of demonetisation has come back to haunt and this time the most literate state of India, Kerala, is facing the wrath.
Since the start if the April month, most people in Kerala are not able to withdraw money from ATMs due to the cash crunch.
The Kerala government said that the cash crisis hit the treasury and is facing shortage of currency notes. If the central bank does not step in, disbursal of salaries and pensions could be hit.
Kerala Finance Minister TM Thomas Isaac said that the Reserve Bank of India has not supplied enough currency notes.