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Pay day: Govt employees, pensioners can withdraw Rs 24,000 per week, says Kerala Minister

The minister asserted that the state government had sought Rs 2,400 crore from RBI to disburse salary to 10 lakh people

ANI  |  Thiruvananthapuram (Kerala) [India] 

With the state government feeling the burnt of demonetisation, Kerala Finance Minister Thomas Isaac on Thursday said the government employees and pensioners will be able to withdraw only Rs 24,000 cash a week. Talking to the media, Isaac said as there are no sufficient notes for disbursement of complete salaries, the government staff and pensioners will have to move bank or treasury in person. "The banks have no cash and it is very clear. And, there is no way that they are going to get sufficient cash to pay the full salary. Therefore, the understanding is that the ...


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First Published: Thu, December 01 2016. 11:32 IST