• Home
  • 7th Pay Matrix
  • 8th Pay Matrix
  • Pay Calculator
  • DA Table
  • 8th CPC News

Central Government Employees Latest News

8th Pay Commission Latest News Today, Pay Matrix, Expected DA Rates Table

You are here: Home / OHD Notes / Jan Dhan Account holders are requested not to allow their accounts to be misused by anyone – Govt Press Release
Latest 8th CPC News
Salary Calculator Updated 2025
DA January 2026 Calculator
New HRA Rates 2025
Simplified 7th Pay Matrix Table 2025
CG First Pay Calculator

Jan Dhan Account holders are requested not to allow their accounts to be misused by anyone – Govt Press Release

November 15, 2016 admin Leave a Comment

Jan Dhan Account holders are requested not to allow their accounts to be misused by anyone – Govt Press Release

The Prime Minister Shri Narendra Modi reviewed the position for the second consecutive day yesterday regarding the smooth supply and availability of currency notes; Among major decisions taken during the Meeting include to continue to give highest importance to ensure convenience for the public

Use of Indelible ink for over the counter exchange against old Rs.500/- and Rs.1000/- notes; Arrangements to make available adequate cash to the Postal Department for their use including the branch Post Offices.

The Prime Minister Shri Narendra Modi reviewed the position with regard to supply and availability of currency notes for the second consecutive day yesterday (14.11.2016) late evening.

The Meeting, which went on till about midnight, was attended among others by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley, Minister of State (Independent Charge) for Coal & Power, Shri Piyush Goyal, Principal Secretary to the Prime Minister Shri Nripendra Misra and Additional Principal Secretary to the Prime Minister, Dr. P.K.Mishra, Cabinet Secretary, Shri P.K.Sinha, Governor, RBI, Dr. Urjit R Patel, Secretaries from the Finance Ministry and other officials from PMO.

A detailed review was made with regard to the steps that have been taken for smooth distribution and dispensing of cash through various channels of disbursement.

After detailed discussions, the following decisions were taken:

1. Highest importance should continue to be given to ensure convenience for the public. Effort should be made to avoid long queues in Bank branches, ATMs, etc. Already separate queues for senior citizens, divyang persons etc. have been announced.

The drawing limits against Bank Accounts and from ATMs and over the cash disbursement have also been increased. It was noted that one of the primary reasons for long queues was that the same persons were visiting Bank branches, ATMs etc. repeatedly. It was also noted that certain unscrupulous elements are using the services of poor and innocent people to convert their black money into white.

To prevent such misuse of the facility and enable larger number of persons to draw cash, indelible ink used during elections shall be used for over the counter exchange against old Rs.500/- and Rs.1000/- notes. This is not applicable in the case of withdrawal from or deposit into accounts.

Cash disbursement points, especially Bank branches will be advised to put-up notices outside their branches advising people to avoid exchange of old notes over the counter multiple times.

2. Already instructions have been issued permitting District Central Cooperative Banks (DCCBs) for cash withdrawal from existing accounts, subject to limits applicable in the case of Banks. Arrangements have been made to enhance the availability of cash with the DCCBs.

3. Arrangements have been made to make available adequate cash to the Postal Department for their use including the branch Post Offices. There are 1.3 lakh branch Post Offices having wide coverage in the rural areas. Availability of adequate cash with the branch Post Offices will ensure wider coverage of the rural areas.

4. Contributions are made in hundis and separate boxes in places of worship. Such establishments have their accounts with the Bank branches. Bank branches have been advised to approach the concerned authorities in these establishments to obtain the currency notes, especially of lower denomination and put them back into circulation. This will help in improving the circulation of lower denomination currency notes.

5. Information has been received that there is sudden spurt in the quantum of deposits in several Jan Dhan Accounts. There are also reports of unscrupulous elements using Jan Dhan Accounts of poor and innocent persons to convert their black money into white.

Such spurt in deposits will be looked into closely. Jan Dhan Account holders are requested not to allow their accounts to be misused by anyone. Further, it is also clarified that Jan Dhan Account holders will not be put to any kind of inconvenience for carrying-out their legitimate activities.

6. Old Rs.500/- and Rs.1000/- notes are accumulating in Post Offices and Bank branches. Special efforts will be made to shift such notes and create space in the Post Offices and Bank branches to receive new notes.

7. A high level Task Force consisting of representatives from various agencies is being set-up to monitor movement/receipt of fake notes in vulnerable areas. This Task Force will also take special efforts to monitor black money being deposited into Bank/Postal Accounts, especially under fictitious and other names.

8. A technology team is being set-up to popularize the use of e-wallets.

9. Government is closely monitoring the supply of essential commodities.

10. A coordination group chaired by the Cabinet Secretary and including representatives of various Departments and major Banks is holding regular meetings to monitor the implementation of all the steps.

No related posts.

Filed Under: OHD Notes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Diwali Bonus for Central Government Employees 2025

Pay Scale Conversion Table from 4th to 8th CPC

7th CPC Pension Calculator – 4th, 5th, 6th, and 7th Pay Scale Table

Tamil Nadu RTE 2025 Admission Last Date 19.10.2025

Cabinet Approved 58% DA from July 2025

What is the Hand Salary of 7th Pay Matrix Level 6 in 2025? Full In-Hand Pay Details for CG Employees

PFRDA Recruitment 2025 | Assistant Manager Applications End on 6th August

8th Pay Matrix Basic Salary Table for Level-1

CBSE Date Sheet 2026 for Board Examination Class 10 and Class 12

DA Arrears Calculator July 2025 (58 Percent Updated)

Online Calculators

  • 7th Pay Commission Salary Calculator January 2025 (55% DA Updated)
  • Expected DA from July 2025 Calculator
  • Pay Scale Conversion Calculator
  • 7th CPC Increment Calculator 2025
  • KVS PGT, TGT, PRT Teacher Salary Calculator 2025
  • Bonus Calculator for CG Employees 2025
  • CGEGIS Savings Fund Benefit Calculator Updated 2025
  • Central Government First Pay Calculator 2025
  • Retirement Date Calculator for CG Employees
  • DA Arrears Calculator January 2025 (55% Updated)
  • Commutation Factor Value of Pension Calculator
  • Leave Encashment of CG Employees Calculator
  • HRA Income Tax Exemption Calculator for Salaried Employees
  • 7th CPC Pension and Arrears Calculator
  • Fixation of Pay on Promotion Calculator as per FR 22(I)(a)(1)
  • 7th CPC Pay Calculator for Teachers in Universities and Colleges
  • 18 Months DA Arrears Calculator for CG Employees
  • 18 Months DA Arrears Calculator for CG Pensioners
  • 7th CPC TA & DA Calculator
  • Government Pension Calculator 2025
  • CPSE (IDA Pay Scale) Salary Calculator
  • DA Amount Calculator Online 2025
  • Dearness Relief (DR) Calculator for Pensioners
  • Expected April 2025 IDA Calculator for BSNL Employees
  • Expected IDA Calculator from April 2025 for CPSE Employees
  • GPF Interest Rate Calculator
  • HRA Online Calculator
  • LTC Cash Voucher Scheme Calculator
  • Option Calculator for Promotion or MACP to Switch over to 7th CPC
  • OROP Arrears Calculator for Defence Pensioners
  • Simple Online New & Old Regime Income Tax Calculator

8th Pay Commission News

  • Latest 8th Pay Commission News Date, Salary Slab, Pay Scale Calculator
  • Expected 8th Pay Commission Pay Matrix Table

Latest Discussions

  • M K KUMAR on VII Pay Fixation Table: Promoted from Level 5 to 6
  • Mushtaq on VII Pay Fixation Table: Promoted from Level 5 to 6
  • M K KUMAR on 7th CPC MACP Pay Fixation on Promotion MACP Calculator 2025
  • Mahesh Prasad Ray on 7th CPC MACP Pay Fixation on Promotion MACP Calculator 2025
  • M K KUMAR on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • M K KUMAR on 7th CPC MACP Pay Fixation on Promotion MACP Calculator 2025
  • Kishan lal on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • admin on Expected DA Calculator July 2025: Cabinet May Approve 58% Soon!
  • Lakshmana C on 7th CPC MACP Pay Fixation on Promotion MACP Calculator 2025
  • M K KUMAR on E-Sampada Portal User Registration, Login and Online Booking Procedure
Copyright © 2023 | Central Government Employees News | 7th Pay Commission News | Instagram | Facebook