F. No. 10/3/2016-Cy.I
Government of India
Ministry of Finance
Department of Economic Affairs
North Block, New Delhi
Dated: 18th November, 2016
Subject : Cancellation of legal tender of high denomination bank notes of Rs. 500 and Rs. 1000 – constitution of committees of Addl. Secretaries/ Joint Secretaries/Directors to the Government of India for visiting States/ UTs and reporting about the status of implementation of the decision.
As you are aware, vide Notification dated 08th November, 2016, the Government has cancelled the legal tender character of high denomination bank notes of Rs. 500 and Rs. 1000 denominations w.e.f. from the expiry of 08th November, 2016. With a view to implementing this decision, while minimizing inconvenience to the public, operational guidelines have been issued by this Department from time to time. A gist of these guidelines is enclosed as Annexure.
2. Now, it has been decided to constitute teams of Addl. Secretaries/ Joint Secretaries/Directors – with each team Consisting of up to 2 to 3 officers for each State/UT, to visit the States/UTs and report back to the Government, Status of implementation of this Government decision. These teams may visit the States allocated to them for a period of at least 2 days and tour across the State during their visit. Each of the officers should visit different areas of the State/UT separately. The focus may be on the rural areas. The teams would inter alia, assess the status of implementation of the decision and cover the following points:
(i) Currency availability across the State in the network of bank branches, ATMs and post offices.
(ii) Facilities at bank branches and post offices for deposit/withdrawal/exchange of currency.
(iii) Status of calibration of ATMs to dispense Rs. 2000 and Rs. 500 currency notes.
(iv) Impact of the decision on various segments/ sectors i.e. households, agriculturists, wage earners, traders, transportation, industries, informal sectors, small business, etc.
(v) Any other issue which the team considers important including the nature of problems faced.
3. The team would submit a report on the above points and also the general outlook and challenges arising out of implementation of the scheme.
4. The teams for various States/UTs would be constituted by DoPT and concerned officers informed.
5. The teams are requested to visit the State/UT allocated to them at the earliest and give
their reports to this Department by 25th November, 2016.
Additional Secretary to the Government of India
The Establishment Officer, DoPT, North Block.
Copy to :
The Chief Secretaries of all State Governments and Administrators of all Union Territories for information and with the request to kindly facilitate the visit of the teams to their State/ UT. The concerned officers in the team allocated to your State/UT would shortly contact you in this regard.
Additional Secretary to the Government of India,
North Block, New Delhi
Please refer to the attached file for details