Praising demonetization move Pradhan says transparency has been assured in the system

News Bharati English    31-Dec-2016

Thiruvananthapuram, December 31: Speaking after launching a customer awareness campaign as part of promoting cashless transfer at the BPCL outlet in Bakery Junction on Friday, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said demonetisation measures had a huge impact on the economy and replacing 66 per cent of the withdrawn currency was a big challenge.
“Things are settling down and still there is anxiety among the citizens whether they are getting what is due to them. Restrictions are there in cash withdrawal and it has inconvenienced some. The discomfort has to be resolved. We are thankful to the citizens for supporting the Prime Minister and standing rock solid behind him,” Pradhan said.Embeded Object

The Union Minister said 82% of the 17,413 contract workers in Kochi Refinery were getting their wages through banks. This was just 24 % before demonetisation. “The workers are getting 1,000 to 2,000 more now. Transparency has been assured. The BPCL authorities had said that the remaining contract workers will be brought under bank payment before January next,” he added.

The digital transactions in petrol pumps were just 3 to 4 per cent and it had gone up to 20 per cent. Kerala was not lagging behind and there was multi-fold growth, Mr. Pradhan said.

Executive director, BPCL, Kochi Refinery, Prasad K. Panicker; head, retail, south, BPCL, Santosh Kumar; State head, Kerala and Karnataka, BPCL, Rahul Tandon; chief marketing manager, BPCL, Somachudan; and officials of SBI and Pay TM were present.