The PHD Chamber has suggested to the government to pay an
advance as salaries in cash to
Government/ public sector and private sector employees @ Rs 10,000 per employee with new Rs 500/-
notes as advance against salary of
November 2016. This suggestion would also avoid overflowing queues and hardship
being faced by most of the citizens and would also avoid loss of productivity
due to employee absenteeism in organizations.
In a representation submitted to the finance minister
here today, president PHD Chamber, Dr Mahesh Gupta, said that the suggested
move would amount in reducing queuing outside banks and ATMs across the
country. It would immediately make new
currency available in one day without
stressing banks and post offices .
Dr Gupta pointed out that PHD Chamber was one of the
leading institutions that welcomed the demonetization move and applauded it for
flushing out black money and stop terrorist funding in the country.
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