Pensioner Notes Ban

The Tiruppur district administration has approved the release of monthly old-age pension for two elderly women who lost over Rs 45,000 to the demonetisation initiative in 2016.

The cash crisis has returned to haunt Kerala, threatening to disrupt withdrawal of salary and pensions by government employees across the state. The Kerala government on Tuesday declared that the state treasury had the money but not the currency notes that people needed. If the central bank does not step in, Finance Minister TM Thomas Isaac warned,...

People in Kerala, for the past two days, are facing a severe shortage of currency notes. State Finance Minister Thomas Issac today said the crisis is severe and it has come to a stage that even the payment of salaries and pensions through state treasuries is being affected.

75-year-old Om Prakash Sharma, a retired official at Devli village near Delhi, has been queuing outside banks every day for his pension since the government has announced the notes ban on November 8, but he is unable to get his pension, Rs 18,000.

Kerala government today asked the Centre to urgently provide Rs 1,200 crore to the state treasury to disburse salary and pension as there is a "drastic reduction" in the state's revenue following demonetisation.

As the government doles out social security scheme pension to the elderly people on the 15th of every month, pensioners had to bear the brunt of the centre's demonetisation move in various rural pockets of Kendrapara and Jagatsinghpur districts.

The Tiruppur district administration has approved the release of monthly old-age pension for two elderly women who lost over Rs 45,000 to the demonetisation initiative in 2016.

The cash crisis has returned to haunt Kerala, threatening to disrupt withdrawal of salary and pensions by government employees across the state. The Kerala government on Tuesday declared that the state treasury had the money but not the currency notes that people needed. If the central bank does not step in, Finance Minister TM Thomas Isaac warned,...

People in Kerala, for the past two days, are facing a severe shortage of currency notes. State Finance Minister Thomas Issac today said the crisis is severe and it has come to a stage that even the payment of salaries and pensions through state treasuries is being affected.

75-year-old Om Prakash Sharma, a retired official at Devli village near Delhi, has been queuing outside banks every day for his pension since the government has announced the notes ban on November 8, but he is unable to get his pension, Rs 18,000.

Kerala government today asked the Centre to urgently provide Rs 1,200 crore to the state treasury to disburse salary and pension as there is a "drastic reduction" in the state's revenue following demonetisation.

As the government doles out social security scheme pension to the elderly people on the 15th of every month, pensioners had to bear the brunt of the centre's demonetisation move in various rural pockets of Kendrapara and Jagatsinghpur districts.