Relief for common man, Govt extends deadline to use old notes till Nov 24

[Kool_SRG]

‘Exemption on old series of Rs 500, 1000 notes for certain categories extended till November 24 midnight,’ govt said.

New Delhi: In respite for the millions who are scrambling across the country to exchange their old notes and pay their utility bills, the Government on Monday announced that old Rs. 500 and Rs. 1,000 notes can to be used until November 24 for certain transactions.

“Exemption on old series of Rs 500, 1000 notes for certain categories extended till November 24 midnight,” said Shaktikanta Das, Economic Affairs Secretary.

The time limit to use old notes for paying household utility bills, fuel, taxes and fees as well as purchases from co-operative stores was set to expire on November 14 (tonight), but in a huge relief, the government has extended the deadline by ten more days.

The the government had allowed use of the old currency at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria/burial grounds and petrol pumps.

This list was later expanded to include payments for metro rail tickets, highway and road toll, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills and ASI monument entry tickets.

[Kool_SRG]

PM Modi chairs meeting with senior Cabinet Ministers; Rs 500, Rs 1000 notes accepted till Nov 24

Prime Minister Narendra Modi chaired a meeting of senior ministers past midnight on Monday to review the demonetisation process and its impact so far. The meeting, held at the prime minister's residence, saw Cabinet Ministers Rajnath Singh, Arun Jaitley, Venkaiah Naidu, Piyush Goyal and other top officials of the Finance Ministry in attendance.

Speaking to news agency ANI, Economic Affairs Secretary (EAS) Shaktikanta Das said that PM Modi took stock of the availability of cash. RBI assured him that there was enough cash available for circulation in the system, Das said. The EAS spelled out a list of steps that will be come into effect from Monday, including granting exemption to "certain category of transactions" where  old series of Rs 500 and Rs 1000 notes can be accepted.

"The limit for such transactions is being extended from 14th November midnight to 24th November midnight," Das said. The old notes will be accepted at government hospitals, petrol bunks among others.

He also revealed that there will be separate queues for those visiting banks to swap old notes. Separate queues for senior citizens and "divyang" will also be implemented to ease the process of swapping currency., Das said. After the finance ministry raised the limit for daily withdrawals to Rs 2,500, Das said recalibrated ATMs will be able to dispense new Rs 500 and Rs 2000 notes.

He added that a special task force has been setup to expedite the entire process of recalibrating ATMs. The task force will be chaired by the RBI Deputy Governor and it will have representatives of financial services, banks, and Ministry of Home Affairs as its members.  "This task force has been instructed to work out a strategy to expedite whole process of recalibration of the ATMs," Das added.

 

[ManOnFire]

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[Kool_SRG]

Just now, ManOnFire said:

source

GOI  release chesindi PR...

[ManOnFire]

link edi vay, landasori kaburlu nuvvunu

 

[Kool_SRG]

2 minutes ago, ManOnFire said:

link edi vay, landasori kaburlu nuvvunu

 

Press Information bureau GOI official ani okati untadi akkada chudu, also came as a info in news media....Mamulaga matladam raada manaki.

[citizenofIND]

58 minutes ago, ManOnFire said:

link edi vay, landasori kaburlu nuvvunu

 

[ManOnFire]

1 hour ago, Kool_SRG said:

Press Information bureau GOI official ani okati untadi akkada chudu, also came as a info in news media....Mamulaga matladam raada manaki.

source eyyara labbey antey katha padathav endi vay, ma ilakala ittey mataduthar, tappuga anukoku naina, maata theerey gattuntadi, manasu yenna

[Hyper]

16 minutes ago, ManOnFire said:

source eyyara labbey antey katha padathav endi vay, ma ilakala ittey mataduthar, tappuga anukoku naina, maata theerey gattuntadi, manasu yenna