Odishatv Bureau

Bhubaneswar: The Central team, which visited Odisha on Wednesday to study the problems in the implementation of the demonetisation of Rs.1000 and Rs.500 notes, expressed pleasure over the initiatives taken by State government to ease situation.

"The State has taken very good measures to ease the problems arising out of demonetisation. We have discussed various strategies to sort out people's pain in future. A report in this regard will be submitted to Centre", team member Suresh Vasisht said after holding a review meeting with top officials and bankers here at Secretariat.

“In the meeting with State officials, we came to know that all have welcomed the decision of Centre and are working accordingly”, he added.

The team reviewed withdrawal situation, status of calibration of ATMs to dispense Rs.2,000 and Rs.500 notes, demand of mobile banking in unbanked gram panchyats and overall impact of demonetisation on various segments.

The State special secretary, Finance, Ashok Meena, who was a part of the meeting, emphasised on problems mostly in rural areas. “The situation in urban areas has eased to some extent while there is still problem in rural areas. We have asked the Central team and RBI officials to provide more small currency notes of Rs 100/500 denomination to rural areas. We have also reiterated CM Naveen Patnaik's demand to make transaction facilities for farmers through cooperative banks as procurement and sowing season is doing the round", Meena said.

The Central team has visited Odisha as part of decision of the Union Government to depute teams of Additional Secretaries/Joint Secretaries /Directors to various States and Union Territories to assess the ground level situation amidst reports of cash crunch and review the currency availability across the State in the network of bank branches, ATMs and post offices.

Even almost two weeks after the Rs.1,000 and Rs.500 notes ceased to be legal tender, with exceptions in some areas like petrol bunks, hospitals, and the latest exemption for in government departments for sale of seed to farmers, general public have been facing great inconvenience for exchange, withdrawal from the banks and the ATMs.