Gov has ensured extensive steps to control situation post demonetisation: Minister Amat


Bhubaneswar: Post demonetisation the state government has taken extensive steps to reduce the stress people across the state are facing, said State Finance Minister Pradip Amat.

In a reply to an assembly question here at Secretariat, Finance Minister Pradip Amat said the Chief Minister on November 11 reviewed the situation after the mass cash withdrawal and directed the RBI and other banks to ensure social and financial security to rural people.

Subsequently the CM wrote a letter to Union Finance Minister Arun Jaitely on November 14 informing him about absence of any banking facilities in almost 4400 GPs across the state. He urged the RBI to facilitate mobile banking facilities in such unbanked panchayats and appoint banking correspondents in such areas.

Besides Patnaik also urged the PM to allow DCCB to mobilise acceptance of old demonetised notes of Rs 500 and 1000 and scrap mandatory PAN for tribals.

Amat enlisted some measures taken in secretarial, district, and panchayat levels.

Chief Secretary chaired some important meetings with RBI, NABARD, State level bankers committee and directed some steps to be ensured.

  • RBI should regulate all the 121 currency chests and ensure that amount of Rs 100 note denomination should not come down below 1 lakh.
  • Appoint business correspondent in unbanked panchaysts after meeting with district coordination committees along with supply of mobile van banking.
  • 1201 post offices and 6967 sub Post offices exchanging old notes should bring in fresh notes from their synced up SBI branches.
  • Old pensioners were paid their dues on November 15 with smaller currencies.
  • People in The panchayts which do not have any banking facilities should be allowed to withdraw at least Rs 500 a day through offline with the assistance of a banking correspondent with prime importance.
  • To keep the old demonetised notes in the strong room of the banks in a temporary basis.

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