Shortage of notes- Do you want riots on the streets, SC asks centre

But you go ahead and decrease the withdrawal limit to Rs 2,000, the court observed. Is there a shortage of even Rs 100 notes the court asked.

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New Delhi, Nov 18 The problem is very serious and there will be riots on the streets if proper measures are not taken in the demonetisation issue, the Supreme Court today remarked. The last time you said you were working out relief. But you go ahead and decrease the withdrawal limit to Rs 2,000, the court observed. Is there a shortage of even Rs 100 notes the court asked.

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Further the court sought to know what the real problem was. Is it a printing problem the court asked. The centre responded by saying that the problem is not related to printing alone, but it has to be transported to lakhs of branches across the country. The ATMs too have to be reclibrated.

Kapil Sibal arguing for the petitioners said that the government is not prepared to tackle the problem. I am arguing for the people he said. To this the Attorney General said that Sibal was trying to politicise the issue. I have the freedom of speech, Sibal retorted.

The SC then directed the centre to file a petition seeking transfer of all cases regarding demonetisation pending before high courts. The centre had sought a stay on all such proceedings, but the SC remarked that it could not interfere.

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