In a bid to ease cash crunch, the government allowed dispensing cash of up to Rs 2,000 through debit card swipe at select petrol pumps. An official said,”It has been decided that an amount up to Rs 2000 per day per person in cash can be dispensed against swiping of debit card from select petrol pumps where POS machines of SBI are already available.” POS machines are the machines which are generally used for debit or credit card transactions. A statement released by Hindustan Petroleum said that the Public Sector Oil Companies namely Indian Oil Corporation Limited, Bharat Petroleum and Hindustan Petroleum Corporation Limited, in association with State Bank of India, have come forward to ease out some of the challenges being faced by the common public regarding availability of currencies for day to day transactions post demonetization of Rs. 500 and Rs. 1000 denomination currency notes. The statement added that the facility will be available at 2,500 petrol pumps.
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