News Details- (Get Professional Updates on Whatsapp, Msg on 8285393786) More News

Indelible ink to be used to identify people who've made withdrawals

Posted Date : 15-Nov-2016 , 02:21:32 pm | Posted By CASANSAAR print Print
 

Even as the government and the Opposition are trying to formulate their strategies for the coming winter session of Parliament on the issue of demonetisation, Economic Affairs Secretary Shaktikanta Das, in a press meet on Tuesday, made a couple of announements to combat the crisis of cash crunch.

Mr. Das said indelible ink would be used at banks to ensure people don't go for multiple withdrawals. He also announces the the formation of a Special Task Force to monitor the infusion of fake currency in the market, especially in the vulnerable areas of the country. He pointed out that Prime Minsiter Narenra Modi reviewed the supply of currency for the second time in two days on Monday night.

Mr. Das urged places of worship, who receive smaller denomination notes, to deposit them in banks so supply of these notes increases.

He warned people not to fall prey to rumours being spread through social media.'We have enough stock of salts and there is no reason for a temporary surge in price or shortage. Supply of essential commodities is being closely monitored. There are a lot of stories spreading through social media, like reports of certain institutions going on strike. There is no such thing, please don't believe such reports.' #casansaar (The Hindu)

Category : Banking | Comments : 0 | Hits : 716

Search News