-PTI Amritsar: Aiming to move towards a cashless India, the Centre and states could soon have powers to specify categories of employers who will have to pay wages either through Cheques or by crediting the amount directly into the workers’ bank account. “The Government is ready with the Payment of Wages (Amendment) Bill, 2016 which seeks to empower the Centre as well as states to specify industrial or other establishments where employers...

-Hindustan Times Bhopal: The Centre’s demonetisation move has hit the farmers in MP’s Bundelkhand hard who were hoping for good rabi crops after facing four years of hardships owing to drought in the region. Farming is the main occupation in the region, and heavy rains this year had brought smiles on the faces of farmers. As the sowing for winter crops was almost complete in this part of the state before demonetisation was...

-The Hindu Affidavit in SC denies any lack of preparedness in implementing the demonetisation policy Curb on money transactions, including withdrawals and wedding expenses, are “only reasonable restrictions” imposed on the rights of the public for a limited time, the government said in its latest affidavit. “Cancellation of legal tender of Rs. 500 and Rs. 1,000 notes is only a reasonable restriction and regulatory in nature. Merely because there is a restriction on...

-The Hindu Industry has expressed concern over the directive New Delhi: The Centre has asked all employers and contractors to ensure that wages are paid to all employees, including casual and contract workers, through Cheques or electronic transfers into a bank account. The Chief Labour Commissioner, under the Ministry of Labour and Employment, has also asked firms to get bank accounts opened for all those workers who do not have one already, and...

-Livemint.com Farmers are getting paid for their produce by traders either by Cheque, but many farmers are not able to encash the Cheques due to currency shortages at banks Mumbai: Nearly three weeks after the partial demonetisation of Rs500 and Rs1,000 notes, cashless contracts are running the trade at Maharashtra’s major agricultural markets, but problems with bank liquidity persist. Farmers are getting paid for their produce by traders either by Cheque or via...