As the country struggles to come in terms with prevailing cash crunch in the financial system post demonetisation, companies are following innovative ways to ease availability of currencies for their employees.With the D-Day of November 30 arriving for salary credit, corporates which directly credit payment through electronic mode are facing the least trouble.Experts are of the opinion that employees of big corporate firms are usually tech savvy and make a lot of digital transactions, making it easier for them to beat cash blues. But, small businesses are the ones struggling to cope with the new dynamics.Meanwhile, banks have asked companies to give prepaid payment cards in lieu of cash as this will enable employees in doing transactions.On November 8, the government had announced to demonetise Rs 500 and Rs 1,000 denominations in order to check flow of black money in the system. Since then, the financial system is facing severe cash crunch as demand has outstripped supply of high value currencies.While around Rs 14.5 lakh crore was sucked out of the system, only Rs 1.5 lakh crore has been pumped into it so far. This has created a peculiar situation when people have money in their bank accounts, but are not able to withdraw it.Talking on the salary issue, former executive director of Goa Mineral Ore Exporters’ Association S Sridhar told International Business Times, India that most of the payment in the mineral-based companies and even in mining sector is done through cheques or through electronic mode. He, however, said truckers employed by third party contractors are facing payment issues as most of the money is paid through cash. “Situation is not different in the mining industry,” Sridhar added.Meantime, the central government had earlier paid its employees in non-gazetted category an advance ‘part-salary’ amounting to Rs 10,000 in cash on November 23.Reports also suggested that many small private firms have paid salary in advance to employees in cash. Even some employees in Gujarat were paid one year salary in advance, raising eyebrows on intentions of employers.
In a shocking incident, a newborn baby girl was rescued from a locked storage trunk at a dormitory room of Jahangirnagar University (JU) on Saturday night and she died soon after being taken to a hospital, reports UNB.According to Bangamata Begum Fazilatunnesa Mujib Hall students, an inmate of room No 426 of the dormitory, gave birth to the baby around 4:00pm when three of her roommates were outside. Later, she kept the baby into the trunk.When her roommates came back, they found her bleeding and suspected something fishy. However, the girl did not confess to giving birth, describing the reason for bleeding as something else.Later, the roommates and other inmates took her to the university’s medical centre where the physicians referred her to Enam Medical College Hospital.By the time, the hall inmates informed the matter to the hall administration which launched a search on suspicion.The existence of the baby came to the fore when she started crying from inside trunk around 8:00pm.Later, the hall authorities rescued the baby after breaking the lock of the trunk and took her to the university’s medical centre from where the physicians sent the baby to Enam Medical College Hospital after giving oxygen.However, the baby died there around 10:30pm.Hall provost professor M Majibur Rahman said they formed a four-member probe body, headed by residential teacher Labiba Katun Tania, to look into the incident. The committee was asked to submit its report within 10 days.Meanwhile, a student of JU Marketing department, Rony Mollah, claimed him as the father of the baby.He said he married the girl one year ago. read more
Road accident illustration by Prothom AloThree people were killed when a truck hit a motorbike on Dhaka-Pabna highway at Birahimpur of Aminpur upazila in Pabna on Monday, reports UNB.The deceased are Rafiqul Islam, 35, a resident of Chinakhara Adampara in Sujanagar upazila, Mokhter Hossain, 32, a resident of Birahimpur village and Isa Khan, 28, a resident of Atraisukha village in Sathia upazila.The accident took place around 12:30pm when the truck dashed the bike from behind, leaving its three riders killed on the spot.On information, police recovered the bodies and sent those to local hospital morgue for autopsy.Police seized the truck but its driver and his helper managed to flee the scene. read more
X 00:00 /00:46 To embed this piece of audio in your site, please use this code: After Hurricane Harvey, care providers thought an influx of grant money would help them hire more bilingual counselors, specifically who speak Spanish, Vietnamese, or Farsi. “That would have been the same six months earlier or a year earlier, but the funds weren’t there so it’s really brought that issue to light,” said Alejandra Posada, Chief Program Officer at Mental Health America Houston.Often, counselors will have to conduct sessions through an interpreter over a phone call.Posada says the issue extends to outreach as well — information, like brochures on mental health care, are not readily available in languages besides English and Spanish. She says right now, organizations like hers are focused on getting more bilingual students in the pipeline to become counselors. As demand for mental health care in Houston has grown over the past year, providers say the lack of bilingual counselors has become more apparent. Share Listen read more