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Panel to examine sub-categorisation of OBCs to be set up: Jaitley

He added that the chairperson of Commission is yet to be appointed

ANI  |  New Delhi 

Union Finance Minister Arun Jaitley with Minister for Social Justice and Empowerment Thawar Chand Gehlot addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)
Union Finance Minister Arun Jaitley with Minister for Social Justice and Empowerment Thawar Chand Gehlot addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Union Minister on Wednesday said that a would be set up to examine the sub-categorisation of the (OBCs) community.

He added that the chairperson of the is yet to be appointed.

"Once it is done, the will submit its report on the matter within 12 weeks," Jaitley said.

The Union Minister also ruled out out any possibility to demonetise the newly introduced Rs. 2,000 currency notes.

Jaitley clearly said that there was no discussion within the of phasing out Rs. 2,000 notes.

"Another important decision that has been taken is for public sector banks," Jaitley said.

The minister indicated that the Cabinet has approved a framework for consolidation of public sector banks.

The other decision taken in the meeting was to close down loss-making Wagon and Engineering Company (BWEL), Central Public Sector Enterprise under Ministry of

First Published: Wed, August 23 2017. 18:37 IST
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