About 50 per cent of the ATMs in the State are presently operating while the remaining machines will also start functioning in the near future, said an official of the Reserve Bank of India in a coordination meeting with all bankers chaired by chief secretary S Ramaswamy to assess the impact of demonetisation on the public. It was stated in the meeting that there is no cash shortage and that the shortage of currency being faced in some districts will be resolved soon.
Through videoconferencing, all the district magistrates to establish coordination and resolve issues regarding cooperative banks. A separate meeting will be held by the State administration regarding the cooperative banks’ issues. The RBI official said that those having a marriage in the family can withdraw up to Rs 2.50 lakh for which the PAN number will have to be presented mandatorily. Further, officials informed that the Government of India will be requested through the chief minister’s office that since farmers are not bound to pay income tax, the provision of PAN number should not be made mandatory for farmers. Non banking financial company and micro finance have not been connected with the list of Rs 1,000 and Rs 500 currency note deposits which is causing inconvenience to the general public. However, these currency notes can be used for payment of all Government taxes, bills, duties and royalty etc. The banks will make separate arrangements for the elderly, weaker section, patients and marriage related deposits and withdrawals between 9:30 AM and 10 AM. Further, electricity bills will be payable till November 24 in Rs 1,000 and Rs 500 currency notes. Farmers can deposit 50 per cent of their tubewell bill while the remaining amount can be submitted till June 30, 2017. Additional chief secretary Ranvir Singh, principal secretary power Umakant Panwar, principal secretary of rural development Manisha Panwar and other officials were present in the meeting.