After the Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 banknotes from circulation in pursuance of its ‘Clean Note Policy’, the fuel dealers in Punjab on Thursday said they were facing a “difficult situation” similar to the year 2016, when demonetisation was implemented.
The Punjab Petroleum Dealers Association, a representative body of petroleum dealers in the State, in a statement said that the RBI decision to withdraw ₹2,000 note ‘has again created the same difficult situation at petrol pumps that were faced during the 2016 demonetisation drive.’
Rajesh Kumar, secretary general of the Association, said “Majority of the customers are trying to use ₹2,000 notes even for small purchases such as ₹100-200 for buying fuel, which is resulting in the petrol pumps being short of change.
