Related Keywords: bank transfer mode, bring textile worker, faced by textile units, garmenting units, into the banking system, make cashless payments, make payment of wages, Mitigate impact of demonetisation, register details of workers, through unified payments interface, UPI, workers, workers traditionally paid in cash
To mitigate the impact of demonetisation faced by the textile units including garmenting units to make payment of wages to workers, the government has asked textile units to bring the textile worker into the banking system.
The textile units are asked to facilitate, on a “priority basis”, opening of bank accounts for their employees and make cashless payments through unified payments interface (UPI).
