While the ruling BJD has been claiming to have introduced bank transactions for paddy procurement, this request made by Patnaik two days ago showed that the state government was yet to fully adopt digital transactions, Pradhan said here.
The Union minister was speaking at a function where a number of political leaders including three former MLAs -- Rammurti Murtika, Gurucharan Tikayat and Kumarabara Behera joined the BJP.
As the state government has also been maintaining that paddy procurement is now being done through bank transactions, then what is the need of exemption?, he said.
Moreover, if somebody has more than Rs 2.5 lakh, what is the problem in providing PAN details while depositing in banks, Pradhan wondered and sought to know whether BJD wanted to convert black money into white through this channel for which PAN exemption was requested for.
In a letter to Prime Minister Narendra Modi on Friday, Patnaik had said exemption of PAN Card provision for deposit above Rs 50,000 would also minimise the crowd in banks, making their operations smoother.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
