Home Tags Rajan Mathews

Tag: Rajan Mathews

Demonetisation: In 23 Places You Can Now Use your Old Rs 500 Notes

In 23 Places You Can Now Use your Old Rs 500 Notes

The Central Government on Thursday has released a circular about usage of old Rs 500 Notes following the demonetisation. Yes, the Government has announced that still you can use Rs 500 old notes in few places. In a statement Government mentioned that Old Notes exchange has stopped and banks or post offices will allow deposit and withdrawal from November 25 to December 15.

However, Government has permitted various exclusions for certain transactions and activities wherein Payment could be made through old Rs 500 notes. Now we can use Rs 500 old notes in the below mentioned places till December 15, 2016 midnight.

Nepal Bans Rs 500 and Rs 2,000 New Indian Currency Notes and considers ‘illegal’

List of Places for using old Rs 500 Notes

  1. You can use Rs 500 old notes for pre-paid mobile top-up.
  2. Any Purchases from Consumer Cooperative Stores will be limited to Rs 5000 at a time
  3. Payment of fees in Central or State Government colleges
  4. Foreigners will exchange currency up to Rs 5000 per week. So, necessary entry to this effect will be made in their passports
  5. Pay Current bills, water bills, gas bills
  6. Toll Plazas at National Highways remains closed up to December 1. Now from November 1 to December 15 midnight, they can allow old Rs 500 notes.
  7. Payment of School Fees up to Rs 2000 per student in Central Government, State Government, Municipality and local body schools.
  8. Government Hospitals will also allow Rs 500 notes
  9. Railway Stations
  10. Public Transports
  11. Airline Tickets at Airports
  12. Milk Booths
  13. Crematoria/burial grounds
  14. Petrol Stations
  15. Metro Rail tickets
  16. Pharmacies and Medical Agencies
  17. LPG Gas Cylinders
  18. Railway Caterings
  19. Current and Water bills
  20. Entry Ticket of ASI monument
  21. Consumer Cooperative Stores
  22. Taxes and Penalties to Government bodies court fees
  23. Seeds at State-owned outlets

However, few organizations stated that it is very difficult if you allow Rs old 500 notes at this time. Cellular Operations Association of India (COAI) on Thursday said Government’s decision to allow old Rs 500 notes for prepaid mobile recharges will address difficulties being faced by consumers.

Now Use Narendra Modi App to Share your Thoughts and Opinions on the Ban of Rs 500 and Rs 1000 Notes

“We are happy that Government responded to our request in the interest of customers, addressing the difficulties faced by the ordinary citizens who can continue to top up and use mobile services which are essential services,” said Rajan Mathews, COAI director.

According to the latest reports, the recharges and top-ups for prepaid mobiles have drastically fallen as consumers struggle with less liquid cash in their kitty. Now allowing old 500 notes for prepaid mobile recharges will increase the accounts for over 90 percent of the Indian mobile market.

COAI Battle on Interconnecting Issues with Reliance Jio, TRAI Calls for Peace Meeting

coai battle

Telecom Regulatory Authority of India (TRAI) called all the operators in India for a meeting last Friday and on this Monday to sort out the issues. Reliance Jio and COAI battle may affect the mobile users in a negative aspect.

Reliance Jio is hitting the headlines from the day of its launch. Now, the latest topic is the war between RIL on one side and all other telecom operators on the other side.

TRAI will come out with a Solution on Auto Play Video Advertisements on Internet

Cellular Operators Association of India (COAI) director general Rajan Mathews said the GSM industry body would have “no role” in Reliance Jio Infocomm’s upcoming bilateral talks with incumbent carriers for additional points of interconnection (PoIs).

“Interconnect is a bilateral, commercial matter, and the COAI has no role to play in it,” Mathews told a news official on Monday.

“In view of the above, the statement of Director General, COAI, in electronic media alleging that he was not allowed by Trai to participate in the said meeting at the behest of Reliance Jio is to say the least patently wrong, mischievous and perhaps made with a malafide intention.

TRAI Launches the Mobile App for DND Services to Get Rid of Troublesome Calls

Airtel, Vodafone, Reliance Jio and Cellular Operator’s Association of India (COAI) are the members to attend the meeting today under the chairmanship of TRAI’s secretary Sudhir Gupta.

Department of Telecommunications (DoT) and TRAI have some serious differences over some of the issues related to competition and regulatory concerns which in turn gave a chance for Reliance Jio to complain against Airtel, Vodafone, and other telecom operators.

The meeting has gained significance as there exists a technical point called “Points of interconnecting.” As Reliance Jio is offering free calls over VoLTE for all its users irrespective of the network this technical obligation has a vital role to play.

AMAZING: Reliance Jio Announced the World’s Cheapest Data Tariff Plan

When a Reliance user makes a call from Reliance network to another network (both VoLTE and regular voice calls) it has to direct through physical Points of Interconnect. Now, the problem lies in providing these Points of interconnections by Airtel, Vodafone, and other COAI members.

Other than RIL, all others claim that they financially and physically cannot provide the interconnect points. Reliance Jio’s offer of free voice calls has placed a heavy traffic on other telecom operator’s networks and interconnected points.

TRAI Launches Web Portal to Help Users Check Level Of Call Drops

To handle the load, they need to provide new points of interconnect firstly. Unrevealed aspect at this meeting also specifies about the revenues that are lost by these operators due to JIO’s plans and the benefits that RIL will be enjoying.

One has to wait till Monday as the TRAI chairman R S Sharma will be back from his foreign tour. A final consensus may be arrived at least on this Monday i.e yesterday.