Salary in the times of demonetisation: Big test for Modi government in first week of December - News Summed Up

Salary in the times of demonetisation: Big test for Modi government in first week of December


In December, the first week is the salary week. 2) ATMs still not up-to-the-mark:Three weeks after demonetisation came into effect, the recalibration of ATMs is still on. Now, with the salary week round the corner, it remains to be seen if government can ensure adequate cash flow in both urban and rural India. 5) Bigger worry for banks:During cash crisis, many will try to withdraw money through cheque. 6) Salary in cash for workers:The unorganised sector workers largely receive their salaries in cash.


Source: India Today November 29, 2016 15:28 UTC



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