You are here: Home » News-IANS » Politics
Business Standard

I accept there is discomfort, Goa CM on note ban

IANS  |  Panaji 

Chief Minister on Friday conceded that of high value currency had caused discomfort to people.

He said the state government had been requesting the Reserve Bank of India (RBI) for smaller denomination currency notes.

"I accept there is discomfort," Parsekar told reporters at the Secretariat after he was asked about the hardships caused for cash-strapped people in the state.

Parsekar said the government was pursuing the RBI to dispatch small denomination notes to the state to ease the sufferings of those standing in queues for valid currency notes.

He said he did not have difficulty in accessing small denomination currency from banks.

"Today morning, I sent one of my staffers to the bank. He came back in 5-7 minutes. I had asked for smaller denomination notes. I got them," Parsekar said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 25 2016. 18:04 IST