December 2016 Current Affairs

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Union Government announced new measures to tackle demonetisation problems

Union Government announced new measures to tackle demonetisation problems
17 November 2016 Current Affairs: To contain the problems being faced by people following the demonetisation of 500 and 1000 rupees currency notes, the Union Government on 17 November 2016 announced new measures to contain the problem.

The measures were announced by Economic Affairs Secretary Shaktikanta Das.

Highlights of Measures : 

Measure for Farmers : To ensure sowing in the Rabi season, farmers have been allowed to withdraw 25000 rupees a week against crop loan and Kisan credit card.

Measures for Traders: Traders registered with Agriculture Produce Market Committee (APMC) markets and mandis can draw 50 thousand rupees in cash per week to pay for sundry expenses like wages.

For Marriage: a person can withdraw up to 2.5 lakh rupees from bank account for marriage during ongoing wedding season. The money can be withdrawn by one member of the family, may be father or mother, bride or bridegroom.

Crop loan insurance premium: The time limit for payment of crop loan insurance premium will be extended by 15 days.

Central Government Employees: Employees up to Group C can draw salary advance up to 10000 rupees in cash. This advance salary will be adjusted against their salaries of November.

The existing limit of 4500 for exchange of old 500 and 1000 rupee notes has been reduced to 2 thousand rupees.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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