Many rush to petrol pumps for quick cash, return empty handedhttps://indianexpress.com/article/india/india-news-india/demonetisation-many-rush-to-petrol-pumps-2000-rupee-notes-for-quick-cash-return-empty-handed-4383074/

Many rush to petrol pumps for quick cash, return empty handed

After reports surfaced about petrol pumps acting as dispensers of cash, many people — tired of waiting in long queues at ATMs and banks — rushed to the pumps.

ATMs, petrol pumps, demonetisation, banks, pune banks, 2000, 1000, 500, 100, rupee notes, news, latest news, India news, national news
Punekars rushed to petrol pumps to tank up the petrol on Wednesday evening after announcement came. Puneites who were paying Rs 70.96 will now have to pay Rs 78.97 for a litre of petrol. Express Photo By Sandeep Daundkar)

While reports about petrol pumps dispensing Rs 2,000 to those who approach them with debit or credit cards drew hordes of people Friday, they had to return empty handed as the facility, as it became clear later, was available only at fuel stations located in rural pockets. Officials clarified that the 2000-odd petrol pumps that were selected for dispensing the cash are Indian Oil petrol pumps run by the Krishi Vikas Kendras (KSKs) located in the interiors, where there are few ATMs and banks.

Watch: Demonetisation- Select Petrol Pumps To Dispense Cash Up To Rs 2,000

After reports surfaced about petrol pumps acting as dispensers of cash, many people — tired of waiting in long queues at ATMs and banks — rushed to the pumps. However, they were turned away by the staffers who claimed that although they too had heard the news, they had received no specific guidelines from the authorities.

“Since morning, dozens have come here and enquired about this… and we have said no to each one of them. We haven’t got any supply of Rs 2,000 notes from the bank nor do we have enough cash with us in the new currency to start dispensing it among customers,” said Firoz, a staffer at an Hindustan Petrol pump on Ganeshkhind Road. While those in dire need of cash continued to visit the petrol pumps, a clarification later explained that the facility was only meant for KSK-run Indian Oil pumps situated in rural belts of the country.

“It is a good move and the suggestion, in fact, came from the All India Petrol Dealers’ Association. We had suggested that the petrol pumps, if used to dispense cash, could work as bank branches. However, the way the announcement was made caused some confusion among citizens. We hereby clarify that the notification only directs the pumps under KSK dealership to dispense money,” said Ali Daruwala, a spokesperson of the AIPDA.

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