Uttar Pradesh Chief Minister Akhilesh Yadav on Thursday met Prime Minister Narendra Modi to press for releasing more funds to cooperative banks due to the cash-crunch they are facing due to demonetisation.
After meeting the Prime Minister at Parliament House, Yadav said he also highlighted the hardships of farmers in the state due to the cash-crunch triggered by the demonetisation decision.
He said he has asked the Centre to give a timeline of as to when would the cooperative banks receive funds from the Reserve Bank of India.
Earlier, Gujarat Chief Minister Vijay Rupani had taken up with Union Finance Minister Arun Jaitley and RBI Governor Urjit Patel the problems faced by farmers because of the ban on deposit of defunct notes and cash withdrawals from District Central Cooperative Banks (DCCBs).
“The Chief Minister talked to the Finance Minister and the RBI Governor over phone and told them about problems being faced by farmers due to a ban on deposit and withdrawal of notes from district co-operative banks,” Gujarat BJP Spokesperson Bharat Pandya said in a release.
“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.
During his conversation with Patel, Rupani stressed on the need to ensure that there is no communication gap between RBI and other banks, it said.
Pandya said Gujarat Deputy Chief Minister Nitin Patel, who also holds the finance portfolio, is in constant touch with the Union Finance Ministry and the RBI to resolve problems faced by citizens in exchange, deposit and withdrawal of bank notes after the November 8 demonetisation.
