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Volume 1 Issue 7 18th November, 2016 #TransformingIndia Fortnightly Newsletter MyGov India

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Page 1: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Volume 1 Issue 718th November, 2016

#TransformingIndia

Fortnightly NewsletterMyGov India

Page 2: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

WHAT’S INSIDE

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 2 of 24

Benefits of the Demonetisation scheme

The War againstBlack Money

Voice of the Nation

Glimpses of the Fortnight

FAQs

Pages

24

03

05

06

20

12

Pan Card linked to

Aadhar Card

The Dawn of Demonetisation

Page 3: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Top Story

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

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The Dawn of Demonetisation: Blacking out the Black Economy

8th November 2016, will go down in the history of India as the day of ‘New sunrise of Indian Economy’ when Prime Minister Narendra Modi announced the demonetisation of the 500 and the 1,000 rupee notes, one of the biggest steps taken by the government since independence.

Several measures have been taken to make the transition phase easy for the common man. However, because of the sensitivity of the issue and the secrecy that had to be maintained, it is estimated that the transition will be completed in about fifty days.

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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The Transition - FromNovember 8th, 2016

Many steps were taken by the government with the support of numerous departments to ease out the process of currency exchange for the common man. Banks are working overtime to help people exchange their old demonetised notes with new ones. Government Hospitals, Railway Ticketing Counters, Government Buses and Airlines will continue to accept the old notes till 24th November, 2016. Petrol Pumps and State run co-operatives have been instructed to do the same. Toll gates and airport parkings have also been rendered free of charge. The step brought in the feeling of equality amongst all. People were seen helping each other, assisting senior citizens and taking up responsibility to maintain discipline.

Old 1,000 and 500 notes have to be deposited in Banks or Post Offices by the 30th of December, 2016. The suddenness of this move is expected to bring about significant changes in the economy and not only help provide impetus to the overall development of the Nation but also clean up the system. Real estate and education will become more accessible to the common man. The terrorist and money laundering activities will suffer a major setback. The nation will continue to reap the benefits of this step for years to come.

Page 5: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Top Story

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 5 of 24

Page 6: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 6 of 24

Top Story

Enquiry was set up on

Black Money

Jan Dhan Yojana

introduced

Bank Account number made mandatory in

IncomeTax Returns

Pan Card linked to

Aadhar Card

Subsidies, pension & other

benefits linked to bank

through DBT

Excise duty levied

on Gold

TCS made compulsory for

cash transactions above 2 lakhs

Voluntary declaration of black money encouraged

Pan cards made mandatory in

the purchase of gold and jewellery

Banks urged to invest in Digital

banking. Expansion

to Rural areasPromotion of Digital India,

Digital Currency and Transactions

The War against Black Money:Road to Demonetisation

A meticulous attack on corruption

Unprecedented in scale

Page 7: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 7 of 24

“In a country’s history, there come moments when every person feels

he or she should be part of that moment, that he or she should too

make his contribution to the country’s progress.”

“We don't lack money, but it is lying where it

should not be”

“I have confidence in the 125 crore people of India and I am sure the country

will succeed.”

“Only when people are ready to face inconvenience, corruption

will go”

“After demonetisation, the poor enjoy a sound sleep

while the rich are running to buy sleeping pills”

“Now, we again have an opportunity where every citizen can join this

Mahayagna against the ills of corruption, black money and fake

notes. The more help you give in this campaign the more successful it

will be.”

Our PM says....

Top Story

Page 8: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 8 of 24

Top Story

Interesting facts about the new currency

Page 9: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 9 of 24

Top Story

Interesting facts about the new currency

Page 10: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 10 of 24

Top Story

Interesting facts about the new currency

Page 11: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 11 of 24

Top Story

Interesting facts about the new currency

Page 12: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 12 of 24

Top Story

Need I go only to my bank’s branch or may I go to any other bank or its branches ?

If you want to go to a branch of any other bank where you are not maintaining an account, you will have to furnish valid identity proof and bank account details will be required for electronic fund transfer to your account.

Where can I get more information on this scheme?

More information is available on the RBI website (www.rbi.org.in). You may also approach the control room of RBI by email or on Telephone Numbers 022 22602201/022 22602944

Frequently Asked Questions

Page 13: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

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Top Story

Can I deposit withdrawn notes through ATMs, Cash Deposit Machine or Cash Recycler?

Yes, OHD (Old High Denomination) notes can be deposited in Cash Deposit Machines / Cash Recyclers and some ATMs.

Can I withdraw cash against cheque?

Yes, you can withdraw cash against withdrawal slip or cheque.

Frequently Asked Questions

How much time do I have to exchange the notes?

The scheme closes on 30th December 2016. The OHD banknotes can be exchanged at branches of commercial banks, Regional Rural Banks, Urban Cooperative banks, State Cooperative Banks and RBI till 30th December 2016.

For those who are unable to exchange their Old High Denomination Banknotes on or before December 30, 2016, an opportunity will be given to them to do so at specified offices of the RBI. They need to carry necessary documentation as may be specified by the Reserve Bank of India.

Page 14: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

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Top Story

Can I make use of electronic (NEFT/RTGS/IMPS/ Internet Banking / Mobile banking) mode?

You can use NEFT/RTGS/IMPS/Internet Banking/Mobile Banking or any other electronic/ non-cash mode of payment.

I am an NRI who holds a NRO account, can the exchange value be deposited in my account?

Yes, you can deposit the OHD banknotes to your NRO account.

Frequently Asked Questions

I am not in India right now, what should I do?

If you have OHD banknotes in India, you may authorise in writing to enable another person in India to deposit the notes into your bank account. The person so authorised has to come to the bank branch with the OHD banknotes, the authority letter given by you and a valid identity proof .

I have emergency needs for cash (hospitalisation, travel, life saving medicines) What should I do?

You can use the OHD notes to pay for your hospitalisation charges at government hospitals. OHD notes can also be used to purchase bus tickets at Government bus stands for travel by state Government or state PSU buses, train tickets, and air tickets.

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Demonetisation: Myths vs Reality

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

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Demonetisation: Myths vs Reality

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Demonetisation: Myths vs Reality

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

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Demonetisation: Myths vs Reality

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Your Money is Safe

Page 20: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Top Story

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in Page 20 of 24

Your Money is Safe

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Voice of the Nation

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Voice of the Nation

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Top Story

Give a missed call on 1800 20 90 920 to download the NM app

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Voice of the Nation

Page 24: MyGov India - Jansamparkjan-sampark.nic.in/jansampark/images/campaign/2016/... · Banks urged to invest in Digital banking. ... Digital India, Digital Currency and Transactions The

Give a missed call on 1800 20 90 920 to download the NM app

www.mygov.inPMINDIA

www.pmindia.gov.in

Every citizen will stand up and participate in this 'mahayagna'. After the festivity of Diwali, now join the nation and extend your hand in this Imandaari ka Utsav, this Pramanikta ka Parv, this celebration of integrity, this festival of credibility.

- PM Modi's address to the nation on 8th November, 2016

Prime Minister Narendra Modi in Goa

Addressing the Indian community in Kobe, Japan

Pradhan Mantri Surakshit Matritva Abhiyan launched

“No More Tension” mobile App.

Glimpses of the FortnightGlimpses of the Fortnight