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Indelible ink to be used to reduce crowds at banks

Economic Affairs Secretary Shaktikanta Das, in a press meet on Tuesday, made a few announcements to deal with the crisis of cash crunch.

Das said from today indelible ink would be used at banks to ensure people don't go for multiple withdrawals. He also announced the formation of a Special Task Force to monitor the infusion of fake currency in the market, especially in the vulnerable areas of the country.

He informed that Prime Minsiter Narenra Modi reviewed the supply of currency for the second time in two days on Monday night.

Das urged places of worship, who receive smaller denomination notes, to deposit them in banks so supply of these notes increases.

He also cautioned people not to fall prey to rumours being spread through social media.

"We have enough stock of salts and there is no reason for a temporary surge in price or shortage. Supply of essential commodities is being closely monitored. There are a lot of stories spreading through social media, like reports of certain institutions going on strike. There is no such thing, please don't believe such reports."

Meanwhile the government as well as the Opposition are trying to formulate their strategies for the coming winter session of Parliament on the issue of demonetisation.