The J&K Government’s announcement to pay part salary to its Non-Gazatted employees in cash has hit a roadblock with the state authorities saying that the Reserve Bank of India has expressed inability to arrange cash for the plan in one go.
General Administration Department, in an order issued today (Government Order No: 254 -F of 2016 Dated: 23 .ll. 2016 ) has announced that the salary of November will be now credited to the employees in their accounts at the end of the month as usual instead of providing a sum of Rs10,000 in cash as was announced by the state government earlier.
On October 18, the State Government, as part of its efforts to ease out situation arising due to demonetization of Rs 500 and Rs 1000 currency notes, had announced that non-gazetted employees will get Rs 10,000 out of their salary for this month in cash by November 24.
However, the State Government’s announcement couldn’t be implemented as “RBI expressed difficulties in providing additional cash to Jammu & Kashmir Bank for payment of advance salary to the state non-gazetted employees.”
Principal Secretary Finance, Navin Kumar Choudary told Greater Kashmir that RBI today expressed inability to arrange cash in one-go for paying part salary of the employees in cash.
“The RBI is supplying currency notes all over the country in a gradual manner. It (plan of paying part salary) involved arranging Rs 400 crore in one-go in one day. The RBI made efforts to arrange the cash but today they (RBI officials) expressed difficulty in arranging it (cash) by tomorrow,” he said.
He said the salary of this month will now be credited to the accounts of employees at the end of the month as usual.
“In the abovementioned context, the salary for the month of November, 2016 will be credited to the accounts of all employees at the end of the month as usual,” reads the order issued by Principal Secretary, Finance department this evening through GAD.
Though the RBI’s purported “No” has prompted the state government to abolish its plan. However, the central bank officials said they have only sought some more information about the proposal.
“The J&K Government had sent a request through J&K Bank for this. We have sought realistic assessment from them. They need to submit details like how many employees want advance cash. They need to furnish details about the demand. We don’t know what the total demand is,” Ashok Kumar Matto, an official at RBI’s regional office in Jammu told this newspaper.
On being asked whether RBI has expressed inability to arrange cash, Matto said, “There is nothing like that.”
Last week, the State Government had announced that non-gazetted employees will get Rs 10,000 out of their salary in cash by November 24.
“The decision was taken at a meeting to review the inconvenience faced by the employees and general public due to demonetization and subsequent directions passed by the Chief Minister Mehbooba Mufti, in this regard,” an official spokesman of the state government had said.
Source : Greater Kashmir
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