BIG Announcements with regards to demonetisation:
- You can withdraw money from ATMs today
- You also have an option to withdraw money by swiping your cards at Big Bazaar and petrol pumps
- Over 90 thousand ATMs have been updated across the country, therefore; one can withdraw up to Rs 2500 from these ATMs
- In order to increase a supply of a smaller currency in market, Reserve bank has taken big decisions
- Now, printing of Rs 20 note and Rs 50 note have also been initiated. These notes will soon be released
- In spite of release of new Rs 20 and Rs 50 notes, old notes will remain valid
- Government has also made a big announcement with regards to digital payments
- District Magistrates and Panchayats will be honoured in order to promote digital modes of transactions
- Niti Ayog will release Rs 5 lakh for every district
- 10 districts will be awarded with awards for showing good work in digital transactions