New Delhi: Economic Affairs Secretary Shaktikanta Das on Thursday addressed the media to make important announcements regarding the demonetisation drive. 
 
Here are few important points from his briefing: 
 
— Govt has decided to permit farmers to draw upto Rs 25,000 per week against crop loans sanctioned and credited to their accounts.
 
— Farmers can now withdraw Rs 25000 per week from their account. They will receive the amount either by cheque or credited by RTGS account. 
 
— Govt has decided that time limit in crop insurance premium cases will be extended by 15 days. 
 
— For wedding ceremonies, upto Rs 2.5 lakh can be withdrawn from the bank account which are KYC compliant.
 
— For over the counter exchange of old Rs 500/1000 notes, with effect from Nov 18, Rs 4,500 limit will be reduced to Rs 2000.
 
— One member of the family, be it father or mother can withdraw upto Rs 2.5 lakhs for a wedding.
 
— Task Force held a meeting and a road map has been formed to re-calibrate all ATMs.
 
— Central govt employees up to group C can draw salary advance up to Rs 10,000 in cash that’ll be adjusted against their November salaries.
 
— Traders registered with APMC markets will be permitted to draw Rs 50000 per week; accounts need to be KYC compliant
 
 
First Published | 17 November 2016 11:04 AM
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