Amid the cash crunch following the Centre's demonetisation move, Odisha Chief Minister Naveen Patnaik today sought Prime Minister Narendra Modi's intervention to remove withdrawal limits from bank accounts for beneficiaries of rural housing schemes.
Odisha has succeeded in completing about 1.4 lakh houses under various rural housing schemes, both Centrally-sponsored and state-funded, during the current financial year and aims at achieving 5 lakh completion by March 31, 2017, Patnaik said in a letter to Modi.
Stressing that timely release of instalments to the beneficiaries, among other initiatives taken up by state, plays a pivotal role in successful implementation of these schemes, he said the total sanctioned amount is released in four instalments to beneficiaries in the state.
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"Thus the first instalment of Rs 20,000 is within the limit of withdrawal from bank accounts set by the RBI post demonetisation, but the rest three others go beyond the stipulated limit of withdrawal," the chief minister said.
"Hence, the limit of withdrawal from bank accounts not only causes inconvenience to the poor beneficiaries of these schemes, but also has been a dampener to our goal of completing five lakh houses during this financial year," Patnaik said.
"I would like to request you to kindly waive out the financial limit of withdrawal in respect of the beneficiaries of PMAT-G, Biju Pucca Ghar Yojana, IAY and other state funded Rural Housing Schemes in the interest of the poor rural housing beneficiaries and success of the schemes," he said.
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