Live: Shaktikanta Das addresses media, says no charge on debit card usage

The government's decision to demonetise Rs 500 and Rs 1,000 notes, though welcomed by people across the country, has left many in the lurch and utter state of confusion.

By: Express Web Desk | New Delhi | Updated: November 23, 2016 1:03 pm
Demonetisation, Demonetisation-Shaktikanta Das, Shaktikanta Das-Economic Affairs Secretary, concession to farmers, concession to wedding families, India news, demonetisation concession, demonetisation Live blog, Indian Express Economic Affairs Secretary Shaktikanta Das

Economic Affairs Secretary Shaktikanta Das is briefing the media on demonetisation and is likely to give further updates on the government’s move. It’s decision to demonetise Rs 500 and Rs 1,000 notes, though welcomed by people across the country, has left many in the lurch and utter state of confusion.

WATCH VIDEO: Demonetisation: Relief For Common Man: Find Out More

Earlier on Sunday, Das had clarified that concession, given to farmers and to those having wedding in house, to withdraw up to Rs 25,000 per week from their bank accounts has been not been withdrawn by the government.  In addition, traders who are registered with the Agricultural Produce Market Committee were allowed to withdraw up to Rs 50,000 per week for a smooth procurement process.

While concessions have been made for families that have an forthcoming wedding, the amount of money that an individual can exchange by handing over the old Rs 500 and Rs 1,000 notes in banks has been lowered to Rs 2,000 since last Friday.

 

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  1. R
    Raj
    Nov 23, 2016 at 5:59 am
    You seem to be a product of wrong insertion.
    Reply
    1. V
      Virendra Sason
      Nov 23, 2016 at 5:57 am
      REALITY: CASH CRUNCH WILL LAST AT LEAST IN 90-120 DAYS. PL BEAR WITH MODI SARKAR. YOU WILL GET RICH DIVIDEND. 300 CRORES MAN DAYS OF LABOR EXPECTED TO BE LOST DURING 2017. LABORS WILL DEPRIVED OF RS ONE LAC CRORES AS WAGES. PL BEAR IT FOR DIVIDEND.
      Reply
      1. A
        Anjaan
        Nov 23, 2016 at 5:38 am
        Plastic Causes Cancer. Modi wants Plastic economy.
        Reply
        1. A
          Ankit Jain
          Nov 23, 2016 at 6:13 am
          We all should stand with MODI move.lt;br/gt;People are ok to Pay taxes and deal in Money.lt;br/gt;lt;br/gt;Govt. Officials bribes and bureaucracy should be curbed.lt;br/gt;No Body works for free in these dep't.lt;br/gt;People completely Fed-up with corruption in administration.
          Reply
          1. A
            Ankit Jain
            Nov 23, 2016 at 6:15 am
            We all should stand with MODI move.lt;br/gt;People are ok to Pay taxes and deal in White money.lt;br/gt;Change are always painful.lt;br/gt;lt;br/gt;Govt. Officials bribes and bureaucracy should be curbed.lt;br/gt;No Body works for free in these dep't.lt;br/gt;People completely Fed-up with corruption in administration.
            Reply
            1. A
              Ankit Jain
              Nov 23, 2016 at 6:17 am
              We should demand Bio Metrics attendance and Video recording of Govt Officials Working specially for state of Uttar Pradesh..
              Reply
              1. R
                Rajesh
                Nov 23, 2016 at 5:47 am
                Insert plastic at proper place then it would not cause cancer, yes if you insert here and there at inappropriate places then it may cause cancer
                Reply
                1. S
                  Sreenivasan
                  Nov 23, 2016 at 6:13 am
                  How much loss the government is suffering. My sympathy is with the government.
                  Reply
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