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CBN places Five Demands before Centre
By: Tupaki Desk | 19 Nov 2016 6:03 AM GMT
AP Chief Minister Chandrababu Naidu is facing the heat of cash crunch now. Upon speaking to RBI, Bankers and Higher Officials, He has written to Centre seeing fulfillment of few demands to address the situation. Have a look at them…
i) Treat AP as a special case
ii) Offer Rs 10,000 crore in smaller denominations
iii) Exempt user charges on all Online Transactions
iv) Point of Sale (PoS) Swiping Machines should be provided at 80 percent subsidy
v) All Bank Accounts must be linked to Aadhar Car, Iris Imprint and Finger Prints
TDP Supremo declares Cashless Ration Distribution through 29,000 fair price shops will be implemented from December 1st.
i) Treat AP as a special case
ii) Offer Rs 10,000 crore in smaller denominations
iii) Exempt user charges on all Online Transactions
iv) Point of Sale (PoS) Swiping Machines should be provided at 80 percent subsidy
v) All Bank Accounts must be linked to Aadhar Car, Iris Imprint and Finger Prints
TDP Supremo declares Cashless Ration Distribution through 29,000 fair price shops will be implemented from December 1st.
