The Supreme Court came down heavily on the government on 18-11-2016 for not doing enough to ease the cash crunch in the country, warning that the situation was serious and people were still so anxious that there could be riots.

The government’s surprise decision to scrap high-value currency has led to chaos, with snaking queues outside banks and ATMs even 10 days after the decision. The bills accounted for 86% of all cash in the economy.

“People are affected and they have the right to approach the courts. People are frantic. There may be riots,” said a bench of Chief Justice TS Thakur and Justice A R Dave.

(courtesy:BSNLEU Website)