New Delhi: In a big development, the Economic Affairs Secretary Shaktikanta Das on Tuesday in an important announcement said that bank will be using indelible ink to shorten queues of people standing to exchange, deposit the demonetised currency.

“Have received reports that many people are trying to convert the black money into white, have organised groups of people and are sending them to exchange money. To solve this problem, we have decided to use indelible ink marks, similar to elections, on cash counters,” said the EA Secretary.

 

 

Examining the reason for long queues in banks, Shaktikanta Das said, “Have been trying to analyse reasons for long queues. It has come to notice that the same people are coming again at the same places. Reason for long queues at banks and ATMs is that the same people keep coming again and again at different places,” EA Secretary added. 

Highlights of Economic Affairs Secretary Shaktikanta Das Press Conference:
 
* To ease pressure on banks, a task force has been set up to look after shifting and storing of old notes.
 
Special Task Force set up to monitor infusion of fake currency especially in the vulnerable areas.
 
Have enough stock of salts; no reason for temporary surge in price or shortage; supply of essential commodities being closely monitored.
 
We have enough stock of salt, unscrupulous elements had spread rumours.
 
False stories are being spread on social media such as institutions going on strike. On zooming the picture we found it was from 2015. 

First Published | 15 November 2016 12:47 PM
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