New Delhi, Dec 26 (IBNS): In order to mitigate the problems of farmers and those engaged in allied activities like poultry farming and horticulture, arising out of the demonetization, the ASSOCHAM has suggested issuance of Transferrable Receipts (TRs) by agencies like the Food Corporation of India (FCI), National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and other Central and state entities against procurement of the farm produce.
RBI imposes restrictions on deposit of old notes until Dec 30
New Delhi, Dec 19 (IBNS): The Reserve Bank of India (RBI) on Monday has imposed new conditions on deposit of old notes exceeding Rs 5,000 in a bank account till Dec 30.
Petrol,diesel purchase cheaper if bought by card: Jaitley
New Delhi, Dec 8 (IBNS): Announcing new measures and explaining the purpose of demonetisation, Union Finance Minister Arun Jaitley on Thursday announced that the main purpose of the move declared by the Centre was to reduce cash transactions as much as possible.
Out of those who tried, 43% found ATMs non-functional past weekend, says survey
New Delhi, Nov 29 (IBNS): The availability of functioning ATMs doesn’t seem to be improving. Banks have been claiming that most of their ATM network is back online but if the citizen pulse is to be believed, 43% people who tried to withdraw money from an ATM were unable to get money between Nov 25-28th, compared to the 39% between Nov 18-20th.