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.
Government organizes a Seminar to familiarize the Senior Officers of different Departments of Government of India with important features of the GST.
To be responsible for the selection and appointment of Board of Directors in PSBs and FIs (Whole-time Directors and Non-Executive Chairman)
Comments / inputs / suggestions on the Draft Bill on Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2016 invited up to 17th December 2016.
Government is aware of the reports of circulation of fake Rs. 10 coin in a number of States/UTs. Two factories were unearthed in Bawana and a case was registered
It has been decided to reduce this limit of exchange of old Rs. 500/- and Rs. 1000/- notes across the counter in banks from Rs. 4500/- to Rs. 2000/-. This facility will be available only once per person. The reduced limit of Rs. 2000/- will take effect from 18th November, 2016.
The amounts can be drawn only by either of the parents or the person getting married. Only one of them will be permitted to draw this amount. This limit of Rs. 2,50,000/- will apply separately to the girl’s family and the boy’s family.
Central Government takes several decisions to facilitate farmers, small traders, Group ‘C’ Employees of Central Government including equivalent levels in the Defence and Para Military Forces, Railways and Central Public Sector Enterprises in the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1000 notes;
As your goodself is aware, the difficulties being experienced due to the demonetization of Rs.500/- and Rs. 1000/- currency notes may continue for about 50 days as made clear in his speech by the Hon’ble Prime Minister.
These measures include: • Increase in number of ATM machines from 2 numbers to 14 numbers (including Mobile ATM)• Tie-up with State Bank of India and AXIS Bank to provide sufficient number of swipe machines (POS) to exhibitors to facilitate the payment transactions by visitors through debit/credit cards.
