Kumari Palany & Co

Government employees will not be paid their salary as cash

Posted on: 23/Nov/2016 3:57:09 PM
Shaktikanta Das, the Secretary of Economic Affairs has announced that government employees will not be credited with their salary amount as cash. With this, the plea to pay salary as cash is getting rejected. 
 
Addressing the press, he stated that the government is continuously monitoring the status across the country and steps are being taken to comfort them. Necessary steps are being taken to make available the agricultural loan without hassles. For this, nearly Rs 21,000 crore is allotted at district cooperative central banks.
 
The RBI is requested to make available enough funds for providing agriculture loan.  As a move to encourage online funds transactions, the tax amount towards online ticket booking is set to get waived off until 31st December. Likewise, the charges for debit card will also be canceled. Monthly salary for government employees will not be paid as cash at the same time. 
 
So far, over 82,000 ATMs are shifted. Furthermore, in a few days, all the ATMs will get shifted from one place to the other so that people get enough funds with no chaos or hassle.
 
The RBI has already relaxed the terms and conditions for e-wallets. With this, it is believed that online transactions will be boosted.