The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000.

The Central Government has decided to constitute teams of Additional Secretaries/Joint Secretaries/Directors – with each team consisting of up to 2 to 3 officers for each State/UT, to visit the States/UTs and report back to the Government,status of implementation of the Government’s decision relating to cancellation of the legal tender character of high denomination bank notes of Rs. 500 and Rs. 1000 denominations w.e.f. from the expiry of 08th November, 2016. These teams would visit the States allocated to them for a period of at least 2 days and tour across the State during their visit.

Each of the officers would visit different areas of the State/UT separately.The focus may be on the rural areas.

The teams would, inter alia, assess the status of implementation of the decision and will cover the following points:

(i) Currency availability across the State in the network of bank branches,ATMs and post offices.

(ii) Facilities at bank branches and post offices for deposit/withdrawal/exchange of currency.

(iii) Status of calibration of ATMs to dispense Rs. 2000 and Rs. 500 currency notes.

(iv) Impact of the decision on various segments/ sectors i.e. households, agriculturists, wage earners, traders, transportation, industries, informal sectors, small business, etc.

(v) Any other issue which the team considers important including the nature of problems faced.

(vi) The aim of the measure is to combat corruption, black money, counterfeit currency and terrorist financing. Officers shall be alert to any attempts being made to thwart these objectives and make specific practical suggestions to ensure the aim is achieved. (Inserted vide OM Dated 21st November 2016)

The team would submit a report on the above points and also the general outlook and challenges arising out of implementation of the scheme.

The teams would visit the State/UT allocated to them at the earliest and give their reports to the Department of Economic Affairs, Ministry of Finance by 25th November, 2016.

RELATED NOTIFICATION IS AS FOLLOWS

F. No. 10/3/2016-Cy.I
Government of India
Ministry of Finance
Department of Economic Affairs

North Block, New Delhi Dated: 18th November, 2016

OFFICE MEMORANDUM

Subject : Cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000 – constitution of committees of Addl. Secretaries/ Joint Secretaries/Directors to the Government of India for visiting States/ UTs and reporting about the status of implementation of the decision.

As you are aware, vide Notification dated 08th November, 2016, the Government has cancelled the legal tender character of high denomination bank notes of Rs. 500 and Rs. 1000 denominations w.e.f. from the expiry of 08th November, 2016. With a view to implementing this decision, while minimizing inconvenience to the public, operational guidelines have been issued by this Department from time to time. A gist of these guidelines is enclosed as Annexure.

2. Now, it has been decided to constitute teams of Addl. Secretaries/ Joint Secretaries/Directors – with each team Consisting of up to 2 to 3 officers for each State/UT, to visit the States/UTs and report back to the Government, Status of implementation of this Government decision. These teams may visit the States allocated to them for a period of at least 2 days and tour across the State during their visit. Each of the officers should visit different areas of the State/UT separately. The focus may be on the rural areas. The teams would inter alia, assess the status of implementation of the decision and cover the following points:

(i) Currency availability across the State in the network of bank branches, ATMs and post offices.

(ii) Facilities at bank branches and post offices for deposit/withdrawal/exchange of currency.

(iii) Status of calibration of ATMs to dispense Rs. 2000 and Rs. 500 currency notes.

(iv) Impact of the decision on various segments/ sectors i.e. households, agriculturists, wage earners, traders, transportation, industries, informal sectors, small business, etc.

(v) Any other issue which the team considers important including the nature of problems faced.

3. The team would submit a report on the above points and also the general outlook and challenges arising out of implementation of the scheme.

4. The teams for various States/UTs would be constituted by DoPT and concerned officers informed.

5. The teams are requested to visit the State/UT allocated to them at the earliest and give
their reports to this Department by 25th November, 2016.

(Ajay Tyagi)

Additional Secretary to the Government of India

To

The Establishment Officer, DoPT, North Block.

Copy to :

The Chief Secretaries of all State Governments and Administrators of all Union Territories for information and with the request to kindly facilitate the visit of the teams to their State/ UT. The concerned officers in the team allocated to your State/UT would shortly contact you in this regard.

(Ajay Tyagi)
Additional Secretary to the Government of India,
North Block, New Delhi

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