Chief Minister Raman Singh on Tuesday reviewed the situation arising out of demonetisation of `500 and ` 1,000 currency notes immediately after returning from his ten-day tour of the United States, at the Mantralaya here.
He reviewed the steps taken to encourage cashless transactions and e-Commerce in relation to the banning of high denomination currency notes, officials informed.
Singh called upon the district-level officials to keep an eye on the arrangements being made to help the people.
The Chief Minister also called upon the State-level bank officials to take steps to ameliorate the sufferings of common masses.
He reviewed in detail with the top bankers the situation rising out of banning of high value currency notes.
The officials gave a detailed presentation at the cashless economic system in the review meeting.
The bankers informed Singh that an amount of `20,160 crore old currency notes in the denominations of `500 and `1,000 had been deposited in the banks in the entire State after the banning of high value currency notes on November 8.
Similarly, `2, 000 currency notes worth `2, 423 crore had been circulated into the market. There is `3,740 crore worth of currency notes of other denominations in circulation in the State, they informed.
The purchase of paddy is going on at Primary Co-Operative Samitis' 1989 procurement centers since November 15. Paddy worth Rs 2, 274 crore had been bought from the farmers, the officials informed.
The State had allocated Rs 606 crore to the Co-Operative Central Banks to be distributed to the farmers. About `462 crore had been given away to the farmers online, the Chief Minister was informed.
The labour Department had conducted special camps and opened around 40,000 bank accounts at the industrial regions. Micro-ATMs are dispensing cash on the spot at fifteen industrial regions.
A total of 1.18 crore Jan Dhan bank accounts had been opened and the balance is `1820 crore. After the banning of high value notes about `400 crore had been deposited in the Jan Dhan accounts.
RuPay cards had been allocated to about 79 lakh Jan Dhan account holders till date. There are 2800 ATMs in the entire State out of which 1877 ATMs had been recalibrated as on December 1.
Singh expressed his satisfaction over the efforts of Revenue and Industry and Finance Departments in encouraging the traders to install Point Of Sale (POS) machines.
There are about 1.56 lakh shops in the entire State. About 6, 300 shops have POS machines already and 42,000 had already applied for the installation of POS machines.
The officials informed that each Gram Panchayat had been informed to encourage ten traders to go in for cashless transactions and encourage others also to do so.