Department of Economic Affairs Secretary Shaktikanta Das. ANI
New Delhi, November 17
The Centre on Thursday decided to
reduce the maximum limit of old currency notes to be exchanged from the current
Rs 4,500 to Rs 2,000 from Friday.
Addressing a press conference here,
Department of Economic Affairs Secretary Shaktikanta Das said Rs 2.5 lakh in
cash could be withdrawn from bank account for a marriage during the ongoing
wedding season.
Das said that to ensure sowing in
rabi season, the government had allowed farmers to withdraw Rs 25,000 a week
against the crop loan/kisan credit cards.
Traders in agri mandis had been
permitted to withdraw Rs 50,000 in cash per week to pay for sundry expenses
like wages, he added.
The time
limit for payment of crop loan insurance premium would be extended by 15 days,
Das said. PTI
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