Important announcement from finance ministry regarding ‘withdrawal’ of cheque book facility…..
Finance ministry reveals the real facts about the ‘withdrawal’ of cheque book facility .The clarification comes in the backdrop of reports inthat there is a possibility that the central government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions.
The Government of India has reaffirmed that there is NO proposal under consideration to withdraw the bank Cheque Book facility.
— Ministry of Finance (@FinMinIndia) November 23, 2017
The finance ministry on Thursday said that there is no proposal to withdraw the bank cheque book facility as part of exercise to promote digital transaction.
This has been denied by the government and reaffirmed that there’s no such proposal, it said in tweets.
“The Government of India has reaffirmed that there is NO proposal under consideration to withdraw the bank Cheque Book facility,” said one of the tweets.
Post demonetisation, the government has been pushing digital transaction with an aim to move towards less cash society.
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