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E-payments don't enthuse jute workers

Before de-monetisation, workers used to get their wages in cash while miscellaneous payments such as provident fund were done through cheques

Jayajit Dash  |  Bhubaneswar 

Despite the jute sector’s attempt at paying wages to 250,000-odd workers through electronic transfer to their bank accounts, a section of the workers are likely to face hardship as they don’t have bank accounts. Even those with bank accounts insist on receiving payment through cash as they don’t want to go through the trouble of queuing up at bank ATMs to withdraw money.  “We have attempted to overcome the prevailing crisis by crediting wages to the workers' bank accounts. But, the jute workers want lump sum wages on a fortnightly basis. The ...

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E-payments don't enthuse jute workers

Before de-monetisation, workers used to get their wages in cash while miscellaneous payments such as provident fund were done through cheques

Before de-monetisation, workers used to get their wages in cash while miscellaneous payments such as provident fund were done through cheques Despite the jute sector’s attempt at paying wages to 250,000-odd workers through electronic transfer to their bank accounts, a section of the workers are likely to face hardship as they don’t have bank accounts. Even those with bank accounts insist on receiving payment through cash as they don’t want to go through the trouble of queuing up at bank ATMs to withdraw money.  “We have attempted to overcome the prevailing crisis by crediting wages to the workers' bank accounts. But, the jute workers want lump sum wages on a fortnightly basis. The ... image
Business Standard
177 22

E-payments don't enthuse jute workers

Before de-monetisation, workers used to get their wages in cash while miscellaneous payments such as provident fund were done through cheques

Despite the jute sector’s attempt at paying wages to 250,000-odd workers through electronic transfer to their bank accounts, a section of the workers are likely to face hardship as they don’t have bank accounts. Even those with bank accounts insist on receiving payment through cash as they don’t want to go through the trouble of queuing up at bank ATMs to withdraw money.  “We have attempted to overcome the prevailing crisis by crediting wages to the workers' bank accounts. But, the jute workers want lump sum wages on a fortnightly basis. The ...

image
Business Standard
177 22