In a bid to make it easier for citizens to deal with the demonetisation of Rs 500 and Rs 1000 notes, the government made 6 significant announcements on Thursday.
The Economic Affairs Secretary Shaktikanta Das listed the new measures taken by the government to counter cash crunch in a press conference.
#DeMonetisation: here are the seven decisions announced by the Government today https://t.co/Oxumy1rrLe pic.twitter.com/0YRUKiajcZ
— PIB India (@PIB_India) November 17, 2016
The following steps have been taken by the government as announced by Das:
Govt decided to permit farmers to draw upto Rs 25,000 per week against crop loans sanctioned and credited to their accounts: Shaktikanta Das pic.twitter.com/EG1BR2T4BB
— ANI (@ANI_news) November 17, 2016
Govt decides that farmers can withdraw Rs 25000 per week from a/c whre farmers receive either by cheque or which is credited by RTGS a/c-Das
— ANI (@ANI_news) November 17, 2016
Govt has decided that time limit in crop insurance premium cases will be extended by 15 days: Shaktikanta Das pic.twitter.com/tPFrvCbM9U
— ANI (@ANI_news) November 17, 2016
Task Force held a meeting and a road map has been formed to re-calibrate all ATMs; sure that it will be done soon: Shaktikanta Das pic.twitter.com/jnVysCCFj0
— ANI (@ANI_news) November 17, 2016
Central govt employees up to group C can draw salary advance up to Rs 10,000 in cash that'll be adjusted against their Nov salaries: S Das pic.twitter.com/IKVydZkKI3
— ANI (@ANI_news) November 17, 2016
Traders registered with APMC markets will be permitted to draw Rs 50000 per week; accounts need to be KYC compliant: Shaktikanta Das pic.twitter.com/ngiVKeg12D
— ANI (@ANI_news) November 17, 2016
The decision comes a day after the government directed banks to put indelible ink mark on the right index finger of persons to screen them from using the exchange facility more than once.
Prime Minister Narendra Modi had on November 8 demonetised Rs 500 and Rs 1,000 notes in his bigger war against black money, terror financing and counterfeit notes. Since then a lot of representations have come to Prime Minister and Finance Minister to ease withdrawal norms for wedding purposes.
(With PTI & ANI inputs)
(Feature image source: Twitter/@ANI)