TS govt. staff paid Rs 10,000 each in cash

Hyderabad: The Telangana Government has decided to pay Rs 10,000 in cash from November salary to every employee in view of demonetization of big notes and acute shortage of new currency notes. The disbursement started through banks from Thursday. The employees and pensioners who stood in long queues from morning were paid Rs 10,000 each at State Bank of Hyderabad branch in the Secretariat. The bank branch manager said they set up three counters for the purpose.

The Andhra Bank was not in a position to disburse Rs 10,000 to each employee because of scarcity of cash. The bank has been issuing tokens to the employees, who have their accounts in it.  

Ponguleti team visits Bank Street

Meanwhile, Congress MLC Ponguleti Sudhakar Reddy, accompanied by party leaders, visited Central Bank of India, State Bank of Hyderabad in Bank Street, Koti, and enquired about money availability timings. Customers narrated their woes due to demonetisation of big notes and said they were standing in lines for hours losing valuable working hours to take their legal hard earned money.

Ponguleti demanded the Centre to take immediate steps for availability of cash in ATMs and banks. He also wanted restrictions on gold should be lifted for poor, middle class people, farmers and small traders. -NSS

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