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26 Sep 2020, Edition - 1901, Saturday

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Coimbatore

Increase withdrawal to 2 lakhs per week, say traders

Covai Post Network

Members of the Vanigar Sangangalin Peramaippu staged a demonstration here today demanding fulfillment of their demands, including increase in the withdrawal of money to Rs. 2 lakhs per week from the existing Rs. 50,000 for traders and entrepreneurs from their current accounts.

Led by the Peramaippu’s south district president S.S. Pandian, they also raised slogans. The Peramaippu’s north district president, C. Cholamahendran, district secretaries M. Pakkirisamy (south), S. Sathyanarayanan (north), state vice-president K.P. Subbu and several others participated in the demonstration that was staged in front of the railway station.

The agitators also demanded that small and medium traders holding savings account in banks be allowed to withdraw Rs. 50,000 per week. Banks should provide swipe machines to all the registered commercial and service organizations without levying any service charge to motivate e-commerce, they said.

They also demanded that special camps be organised at district, urban and taluk levels to enable the public to exchange the demonetised currencies. “Banks should also operate mobile ATMs and employ the retired staff on temporary basis to expedite the exchange of demonetized currencies,” they said.

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