Chhattisgarh has become the first state to adopt a resolution welcoming the demonetisation of high-value currency notes, the state Assembly adopted a resolution moved by Chief Minister Raman Singh yesterday welcoming the Centre's decision. Replying to the debate, the Chief Minister said, the decision was taken to flush out black money from the system and to usher in the clean transaction and clean money system.
Besides fighting black money, he said, it will also
impact various other contentious issues plaguing the system.Mr Singh said, his government will take effective steps to encourage people in small business to switch over to the e-payment system. He also announced exemption from VAT on the point of sale device to be installed by these businessmen.
The Chief Minister also said, all arrangements had been made in the state to make online payments to farmers for their paddy procured under support price system.