Keep Rs 5 cr cash ready to pay our staff: LS, RS Secretariats to bank

The SBI branch manager has sought the Reserve Bank of India’s guidance.

Written by Santosh Singh , Pradeep Kaushal | Patna,new Delhi | Published:November 20, 2016 4:40 am
demonetisation, parliament, central govt salaries, parliamentarian salaries, MP salaries, Demonetisation news, India news All Parliament employees normally get their salaries in their accounts, and no cash requests from the secretariats had been received in the past.

The Lok Sabha Secretariat and Rajya Sabha Secretariat have asked the State Bank of India’s (SBI) Parliament Annexe branch to make available Rs 5 crore by November 21, so that they can pay advance salaries in cash to their staff.

The SBI branch manager, Sudhir Malhotra, has sought the Reserve Bank of India’s guidance.

Confirming this, Malhotra told The Sunday Express: “We received requests from the Lok Sabha and Rajya Sabha offices on Friday, to arrange Rs 5 crore in cash by Monday (November 21) so that they can give Rs 10,000 as advance salary to their staffers… I have sent the requisition to my senior authority and also sought RBI’s guidance, as there are standard norms about paying Rs 24,000 to a savings bank account holder and Rs 50,000 to a current account holder.

Malhotra said all Parliament employees normally get their salaries in their accounts, and no cash requests from the secretariats had been received in the past.

About 4,000 Parliament employees have salary accounts in the SBI branch.

“The Lok Sabha and Rajya Sabha Secretariats could have just asked the branch to transfer the advance salary amount to their staffers’ accounts . They may be asking for cash to save their employees from the inconvenience being faced by others,” said a senior SBI officer who did not want to be named.

He said the government should come forward to encourage cashless transactions. “Moreover, it will be very difficult to justify Rs 5 crore cash withdrawal from one branch,” said the officer, adding that the RBI would take a final call.
When contacted, a spokesman for the Lok Sabha Secretariat, confirmed the move, adding that the request for cash was made in keeping with a circular from the Department of Personnel and Training (DoPT) which stated that salary advance should be paid to non-gazetted employees for the month of November.

He, however, maintained that the measure was only for 179 Group-C employees of the Lok Sabha Secretariat, and the total amount was a little less than Rs 1.80 crore. He claimed the amount involved was far below the limit set for withdrawals from banks, and would reduce the rush at ATMs and banks.

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  1. I
    indian
    Nov 20, 2016 at 1:01 am
    Not acceptable. I'm all for the demonization drive but government baby's must share the same burden the common man is experiencing
    Reply
    1. I
      I am
      Nov 20, 2016 at 5:07 pm
      Why should SBI give Cash Rs 5 Crore, on exceptional basis to favour organised sector Govt employees, and why should RBI give also approval for it when crores helpless are tortured and dying unnatural death trying to get own money from Banks?
      Reply
      1. M
        Malay
        Nov 20, 2016 at 2:20 pm
        R ls and rs employees gods gift to mankind? H'ble modiji to ensure that this txn does not happen.
        Reply
        1. N
          Neeraj
          Nov 20, 2016 at 5:41 pm
          Modi and BJP are biggest Beneficiaries of Demonetisation. Common man has lost all hope and will suffer for a very long time to come for voting Modi and BJP.
          Reply
          1. A
            ABC
            Nov 20, 2016 at 6:41 am
            Rulers are in a haste to grab their ries and advice poor and needy to wait for fifty days.:RAKH DO GE EK DIN TUM SANSAR KO BADAL KE
            Reply
            1. A
              abul
              Nov 20, 2016 at 11:00 am
              What about our organisation we have a limit for 50 k per week how will we pay the advance to staff
              Reply
              1. A
                Ajay
                Nov 20, 2016 at 6:37 am
                Hats Off to Sudhir Malhotra and Indian Express for getting this out in the open. Hope Sudhir is not demoted or transferred outlt;br/gt;lt;br/gt;Another interesting point "... the measure was only for 179 Group-C employees of the Lok Sabha Secretariat, and the total amount was a little less than Rs 1.80 crore." lt;br/gt;lt;br/gt;Then why is the Secretariat demanding 5 crores. What will be the fate of Rs.3.2 crore that would be obtained.....would it be appropriated as black money.lt;br/gt;lt;br/gt;Am sure the RBI will decide that the Secretariat's demand is much more deserving than the plight of the nation.
                Reply
                1. A
                  ashok s
                  Nov 20, 2016 at 3:38 am
                  For 500 members a ing 4000 employees .
                  Reply
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