Circular No.ES/209/2016-17 December 3, 2016
To: Members of the Council
Sub : Opening of Bank Account by Textile Workers
The Council has received a communiqué from the Ministry of Textiles requesting the Council to inform our Members having textile units to open bank accounts for their employees on a “priority basis” for receiving their wages through the banking system.
You may be aware that the first impact of demonetization has been largely affected to the workers of our Indian textile Industry. Textile Units have been facing the difficulty in paying salaries / wages to their employees / workers due to restriction on cash withdrawals.
The government has asked textile units to facilitate, on a “priority basis”, opening of bank accounts for their employees in order to ensure payment of wages through bank transfer mode.
You may also be aware that the textile sector is the second largest employment provider in the country.
In view of the above we advise our members to sensitize your workers / employees to open bank accounts to facilitate salary/wages. They should also be advised that their salaries / wages will be credited directly to their bank accounts. To achieve this, you are advised to hold camps for your workers / employees and educate them regarding the procedures to be followed to open bank accounts.
Please send us details of action taken in this regard as per format given below on a daily basis:
Daily report on camps organized to open Bank Accounts and go Cashless
Date of Report: ____________________
S.No. |
Name of the organization/ association |
Date of camp |
Location of camp |
No of bank accounts opened |
Cumulative upto______________ |
|
Total no. of camps held |
Total no. of accounts opened |
Please send the above report by email on the email IDs es@srtepc.in.
In case, all your employees / workers already have a bank account, please send us a confirmation in the following format:
Sr. No. |
Name of the unit |
Total number of workers / employees |
Total number of workers /employees having bank accounts |
Total number of workers /employees without bank accounts |
Members may kindly make note of the same. In case you face any difficulty in operating the above system you may inform us accordingly.
Thanking you,
V. ANIL KUMAR
EXECUTIVE DIRECTOR