Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8df7a6df6d-trace').style.display = (document.getElementById('cakeErr67f8df7a6df6d-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f8df7a6df6d-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8df7a6df6d-code').style.display = (document.getElementById('cakeErr67f8df7a6df6d-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8df7a6df6d-context').style.display = (document.getElementById('cakeErr67f8df7a6df6d-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f8df7a6df6d-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f8df7a6df6d-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32566, 'title' => 'Brace for more cash blues as the next salary date nears -G Naga Sridhar', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>Ensuring cash availability will be a challenge for banks, too<br /> <br /> Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /> <br /> According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /> <br /> According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /> <br /> This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /> <br /> In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /> <br /> &ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /> <br /> It remains to be seen how these issues are addressed. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 24 November, 2016, http://www.thehindubusinessline.com/money-and-banking/brace-for-more-cash-blues-as-the-next-salary-date-nears/article9382678.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680643, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 32566, 'metaTitle' => 'LATEST NEWS UPDATES | Brace for more cash blues as the next salary date nears -G Naga Sridhar', 'metaKeywords' => 'salary,Demonetisation,Currency demonetisation,cash crunch', 'metaDesc' => ' -The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure...', 'disp' => '<div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />&ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32566, 'title' => 'Brace for more cash blues as the next salary date nears -G Naga Sridhar', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>Ensuring cash availability will be a challenge for banks, too<br /> <br /> Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /> <br /> According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /> <br /> According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /> <br /> This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /> <br /> In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /> <br /> &ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. 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According to bankers, there will be pressure...' $disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />&ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Brace for more cash blues as the next salary date nears -G Naga Sridhar | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Brace for more cash blues as the next salary date nears -G Naga Sridhar</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre’s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />“Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />“The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.’’ The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. 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We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. 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We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. 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According to bankers, there will be pressure...' $disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />&ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Brace for more cash blues as the next salary date nears -G Naga Sridhar | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Brace for more cash blues as the next salary date nears -G Naga Sridhar</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre’s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />“Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />“The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.’’ The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. 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According to bankers, there will be pressure...', 'disp' => '<div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />&ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32566, 'title' => 'Brace for more cash blues as the next salary date nears -G Naga Sridhar', 'subheading' => '', 'description' => '<div align="justify"> -The Hindu Business Line<br /> <br /> <em>Ensuring cash availability will be a challenge for banks, too<br /> <br /> Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /> <br /> According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /> <br /> According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /> <br /> This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /> <br /> In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /> <br /> &ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> &ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /> <br /> It remains to be seen how these issues are addressed. <br /> </div>', 'credit_writer' => 'The Hindu Business Line, 24 November, 2016, http://www.thehindubusinessline.com/money-and-banking/brace-for-more-cash-blues-as-the-next-salary-date-nears/article9382678.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680643, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 32566 $metaTitle = 'LATEST NEWS UPDATES | Brace for more cash blues as the next salary date nears -G Naga Sridhar' $metaKeywords = 'salary,Demonetisation,Currency demonetisation,cash crunch' $metaDesc = ' -The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure...' $disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre&rsquo;s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />&ldquo;Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,&rsquo;&rsquo; a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />&ldquo;The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,&rsquo;&rsquo; he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: &ldquo;We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.&rsquo;&rsquo; The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/brace-for-more-cash-blues-as-the-next-salary-date-nears-g-naga-sridhar-4680643.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Brace for more cash blues as the next salary date nears -G Naga Sridhar | Im4change.org</title> <meta name="description" content=" -The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Brace for more cash blues as the next salary date nears -G Naga Sridhar</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Hindu Business Line<br /><br /><em>Ensuring cash availability will be a challenge for banks, too<br /><br />Hyderabad: </em>Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts.<br /><br />According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country.<br /><br />According to government data, the Centre’s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore.<br /><br />This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners.<br /><br />In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors.<br /><br />“Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />“The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.’’ The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> “The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /> <br /> Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /> <br /> A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. 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We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />“The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. 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We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /> <br /> According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /> <br /> “The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. 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We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line.<br /><br />According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today.<br /><br />“The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State.<br /><br />Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues.<br /><br />A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.’’ The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee.<br /><br />It remains to be seen how these issues are addressed. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Brace for more cash blues as the next salary date nears -G Naga Sridhar |
-The Hindu Business Line
Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country. According to government data, the Centre’s total salary and allowances bill for 2016-17 is Rs. 1.84 lakh crore. This implies that about Rs. 15,350 crore will have to be disbursed to 10 million Central government employees and pensioners. In addition, there are government employees in 29 States, about 40 lakh IT and BPO professionals and scores of people working in the corporate and private sectors. “Going by the general pattern, about 50-70 percent of salary is withdrawn in the first one week from salary accounts. We expect big cash crunch next week,’’ a senior official of Andhra Bank told Business Line. According to an Executive Director of a public sector bank, cash is getting exhausted by lunch hour in many branches in semi-urban and rural areas even today. “The continuing restrictions on cash withdrawal/daily limits is an indication that things are not right yet. Even if limit is hiked, banks should be provided enough cash to disburse,’’ he added. Interestingly, the Chief Minister of Telangana, K Chandrasekhara Rao, after a review of the demonetisation drive had expressed the view that the State Government might be able to pay just 15 days salary to its employees going by the trend of falling revenues in various departments and the financial situation in the State. Meanwhile, Andhra Pradesh Chief Minister, N Chandrababu Naidu, has on Thursday conducted a review meeting to gauge the preparedness of salary payments on December 1 and address cash crunch issues. A senior official in the Finance Department of Telangana, said: “We have no problem in paying salaries to our staff through transfers. But ensuring cash availability is not in our reach.’’ The Telangana Government has requested the RBI to provide change for Rs. 5 crore for disbursal of salaries and to facilitate providing at Rs. 10,000 in cash for each of the State government employee. It remains to be seen how these issues are addressed. |