Pradhan says Odisha to get more 500 notes from tomorrow

Image
Press Trust of India Bhubaneswar
Last Updated : Dec 10 2016 | 6:22 PM IST
Charging the Odisha government of creating confusion among the public over demonetisation scheme, Union Oil Minister Dharmendra Pradhan today said more currency notes of Rs 500 will reach market here tomorrow.
"I wonder how the state government is creating confusion among the people over the demonetisation issue. There are about 20,000 outlets of SBI alone in the state where money can be available or transacted. The state government should instead cooperate and not create confusion," Pradhan told reporters on the sidelines of a function here.
Pradhan's statement comes a day after Odisha's Finance Minister Pradip Kumar Amat informed the state assembly that the state is facing acute shortage of small denomination currency notes of Rs 100 and Rs 500.
Replying to the state's allegation that Rs 100 and Rs 500 currency notes are not available, Pradhan said: "Rs 500 notes will be available in the state from tomorrow. Therefore, people should not hoard more money."
The Odisha minister had also said that demonetisation had its adverse effect on the state's economy as farmers, small traders and others face difficulties due to non-availability of currency notes in small denomination.
Countering state's charges, Pradhan said apart from SBI's facilities, there are 6,000 common Service centres (CSC) in all the gram panchayats where the banking correspondents are making people aware on the cashless transactions.
(REOPEN CAL7)
This apart, of the total 1465 petrol pump outlets in the state, 857 points have 'Point of Sale' Machine which can be utilised by the people, the union minister said.
Pradhan also said that of the 53,000 petrol outlets in the country, 30,000 places have point of sale machine facilities with some outlets also providing cashless fuel.
"Now, we have been successful in implementation of cashless transaction by 55 per cent in petrol pumps of Odisha. Remaining places will be covered soon," he said, adding that the cashless transaction of petrol and gas was only 10 per cent earlier which touched 30 per cent within some days.
He said the government has already announced concession of 0.75 per cent per litre of petrol and diesel on use of e-wallet or cards from January 1.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 10 2016 | 6:22 PM IST

Next Story