In a bid to provide respite to the city as it struggles with demonetisation, the Maharashtra government has directed banks to arrange mobile vans in cities and the interiors of the state where old notes can be exchanged within the permissible limit. It has asked universities, including University of Mumbai and Maharashtra State Board of Technical Education (MSBTE) to direct colleges to accept exam and tuition fees in cheques instead of a demand draft and pay order. Further, farmers have been allowed to carry vegetables up to 50kg for free in all State Transport (ST) buses up to November 24.
The government has also decided to extend the deadline for accepting old currency notes for payment of utility bills, including for electricity, water and property tax, until November 24 midnight. It has also decided to extend toll tax exemption for another four days, which means people will not have pay toll on any of the roads across the state, including Mumbai, until November 18 midnight, chief minister Devendra Fadnavis declared on Monday. Earlier, the state had declared a toll tax exemption up to November 14 midnight.
The decisions were taken in a meeting called by Fadnavis to review the situation.
The cash crunch has created unprecedented trouble for citizens as banks have been unable to provide enough currency. This has led to chaos and anger among people forcing the chief minister to convene the high-level meeting, including Reserve Bank of India (RBI) officials to find some solutions.