Published On: Thu, Nov 17th, 2016

Demonetisation Effect: Central govt employees want salary in cash

New Delhi: Central government employees have demanded that their salary for the current month be paid in cash rather than be deposited in bank accounts, considering the difficulties faced to withdraw money.

M Krishnan, Secretary General of Confederation Of Central Government Employees and Workers

M Krishnan, Secretary General of Confederation Of Central Government Employees and Workers said to make the withdrawl of money hassle-free the November salary of all the central government employees should be paid in cash.

Confederation Of Central Government Employees and Workers, in a written communication to the Controller General of Accounts, said “to make the withdrawl of money hassle-free the November salary of all the central government employees should be paid in cash”.

“Banks have imposed a cap of Rs 24,000 for withdrawal from savings accounts and also severe limitations have been placed on withdrawals from ATMs. With long queues at bank counters and ATMs, employees are likely to face further problem in getting their salary for this month in time and employees waiting for hours in queues for getting their money may adversely affect the functioning of government offices,” the letter to the Controller General of Accounts cites.

“Since Finance Minister Arun Jaitley has made it clear that it will take some time to streamline the situation, the confederation requested government to avoid the payment of salary through banks via ECS system and instead pay the salary in cash for the month of November or until the process of withdrawal of money through ATMs become hassle-free,” M Krishnan, Secretary General of the confederation said.

“The request is made to issue necessary instructions to all Drawing and Disbursing Officers for making advance arrangements to pay salary for November in cash to all Central Government employees on or before November 30.,” he added.

Salary of Central government employees is generally credited directly to their respective bank accounts. The earlier system of disbursement of salary in cash was done away with a few years ago.

TST

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