Seven days, seven changing decisions. What does the government of India plan to do today?

[Kool_SRG]

 

It has been a week since Prime Minister Narendra Modi’s press address about making Rs 500 and Rs 1,000 notes illegal. And the rush and confusion among the public still continues , prompting the government, seemingly unprepared for the fallout, to take decisions one day at a time. Makes one wonder whether the government has been revising its decisions only after gauging the reactions of the aam janta. 

Here’s a list of the seven major decisions announced in the past seven days by the Government and the Reserve Bank of India:

8th November:  Prime Minister Narendra Modi announces that Rs 500 and Rs 1,000 notes will cease to be legal tender, and that the old currency notes can be exchanged or deposited in banks. The announcement said up to Rs 4,000 could be exchanged, Rs 2,000 could be withdrawn from ATMs and any amount could be deposited, with a Rs 10,000 cap on withdrawal at the bank counter, in a day.

10th November: After being shut for a day on 9th November to prepare for the disbursal of the few remaining denominations of legal tender, banks were asked to remain open for public on Saturday, November 12 and Sunday, November 13.

11th November: The Finance Ministry extended the deadline for using demonetised notes till November 14. The demonetised notes can be used for payments towards utility bills by individuals for arrears and current bills, it said, however no advance payments will be allowed using old currency. Payment of court fees and at consumer cooperative stores with the ID proof of customers can also be made using the demonetised notes till November 14, it added. Apart from this, road minister Nitin Gadkari announced that no toll charges on national highways would be collected till midnight of November 14.

12th November: The government announced that new 1,000 notes would be out soon with enhanced features. The announcement of Rs 50 notes to be dispensed at ATMs also started doing the rounds on this day.

13th November: The limit for exchange of notes over the counter had been increased from the existing Rs. 4,000 to Rs. 4,500. The daily limit on withdrawal from ATMs was increased from the existing Rs. 2,000 to Rs. 2,500 per day in the recalibrated ATMs. Other ATMs were to continue dispensing Rs. 50 and Rs. 100 bank notes. The weekly cap of Rs. 20,000 for withdrawal from bank accounts was increased to Rs. 24,000 and the daily limit of Rs. 10,000 per day was withdrawn.

14th November:  On the fifth day of demonetisation operations, Secretary  of the Department of Economic Affairs, Shaktikanta Das said ATM charges on all transactions by savings bank account holders were waived until December 30. A large number of micro ATMs were also said to have been deployed for disbursement of cash. Apart from these, a string of announcements were made. These included ATMs beginning to dispense Rs 2,000 notes from November 15 and an extension till November 24 to tender old Rs 500 and Rs 1,000 notes for public utilities, railway booking, railway catering, electricity and water bills and ASI monument entry tickets and fuel payment. The DEA also announced that the cash holding limit of banking correspondents would be Rs 50,000.

15th November: Remember getting inked after voting? In an attempt to carry out the banking process in an orderly fashion in what has become a chaotic environment, the RBI has laid out a Standard Operating Procedure (SOP) for banks and post offices which involves use of indelible ink on the citizen’s fingers. The cashier or other designated bank staff will apply ink on your right index finger before the notes are handed over, “so that while the exchange of notes is taking place, a few seconds elapse which will allow the ink to dry up and prevent removal of ink,” says the SOP. 

[Kontekurradu]

Anta tooch antaru 

[boeing747]

middle class valake bokka, migata batch ki noppi emi undadu

[jua_java]

53 minutes ago, boeing747 said:

middle class valake bokka, migata batch ki noppi emi undadu

E ma

[Bhai]

ink concept endhi??

[Kontekurradu]

Just now, Bhai said:

ink concept endhi??

AA CHEPTRAU 

[Bhai]

1 minute ago, Kontekurradu said:

AA CHEPTRAU 

oka sari withdraw cheste aa ink poye varaku next withdrawal leda??

[Kool_SRG]

3 minutes ago, Bhai said:

ink concept endhi??

Once you exchange 4500 old notes one day at a bank..You can exchange again after 15 days, so ink marking similar to voting time lo vese ink mark...

[Kool_SRG]

1 minute ago, Bhai said:

oka sari withdraw cheste aa ink poye varaku next withdrawal leda??

Not for withdrawal but only exchange...

[Bhai]

3 minutes ago, Kool_SRG said:

Not for withdrawal but only exchange...

ok..... 

 

 

Withdrawal limit entha undi ippudu per day??

[Kool_SRG]

6 minutes ago, Bhai said:

ok..... 

 

 

Withdrawal limit entha undi ippudu per day??

By ATM 4500 per day ..

By Self Cheque Rs 10000 per day..

All together (ATM+Cheque) withdrawals 24000 rupees total per month as of now from an account.

[ronitreddy]

14 minutes ago, Kool_SRG said:

By ATM 4500 per day ..

By Self Cheque Rs 10000 per day..

All together (ATM+Cheque) withdrawals 24000 rupees total per month as of now from an account.

per week kada?

[Bhai]

22 minutes ago, Kool_SRG said:

By ATM 4500 per day ..

By Self Cheque Rs 10000 per day..

All together (ATM+Cheque) withdrawals 24000 rupees total per month as of now from an account.

per month aa    love da lo rent e 20K undhi blr lo

[Kontekurradu]

1 minute ago, Bhai said:

per month aa    love da lo rent e 20K undhi blr lo

online transfer seyyi 

[Prince_Fan]

Gaandu government idi...lanjja kodukulu....prajalni torture peduthunnaru