In a media interaction Economic Affairs Secretary Shakthikanta Das announced another set to measures to combat the distress resulting from the government‘s demonetisation move.
"Rupani requested them to come out with a solution to the problem and ensure people do not face trouble in withdrawing Rs 2.5 lakh for marriage ceremonies," he said.
The farmers who have started selling their Kharif produce are mostly paid in cash by wholesale traders. Now, the amount with farmers (mostly in denominations of Rs 1,000 and Rs 500) is rendered useless for crop loan payments.
"With this development, NPCI now digitises about two-thirds of 675 districts in the country through its network of regional rural banks, state cooperative banks, urban cooperative banks and scheduled cooperative banks with electronic payment mechanisms," NPCI said in a statement.