Key Points

State Bank of India officials presented a cheque of Rs 1.55 crore to Haryana Chief Minister Nayab Singh Saini for the CM Relief Fund. This amount was collected from SBI staff members who donated one day's salary to support flood relief efforts in the state. Meanwhile, the Chief Minister urged traders to ensure full benefits of reduced GST rates reach consumers during the festive season. He emphasized that the GST Bachat Utsav would boost trade while making essential goods more affordable for people.

Key Points: SBI Donates Rs 1.55 Crore to Haryana CM Relief Fund

  • SBI staff donated one day salary totaling Rs 1.55 crore for flood relief efforts
  • Chief Minister appreciated the bank's continued support to Haryana people
  • Saini urged traders to fully pass GST rate reductions to consumers
  • GST Bachat Utsav aims to make essential goods more affordable during festivals
2 min read

SBI contributes Rs 1.55 crore to Haryana CM Relief Fund

SBI staff contribute one day's salary for Haryana flood relief as CM Saini urges traders to pass GST benefits to consumers during festive season.

"Affordable prices, growing trade, and a strong economy are the core spirit of the GST Bachat Utsav - Nayab Singh Saini"

New Delhi, October 4

Officials of the State Bank of India (SBI) today handed over a cheque of Rs 1,55,00,000 to Haryana Chief Minister Nayab Singh Saini as a contribution to the Chief Minister's Relief Fund. Development and Panchayat Minister Krishan Lal Panwar was also present on the occasion.

This amount was collected as one day salary donated by SBI staff members to support flood relief efforts in the State.

The cheque was presented by Chief General Manager, SBI, Krishan Sharma along with General Manager (Haryana), Neeraj Bharti and Deputy General Manager Kajal Bhowmik, a release said.

The Chief Minister appreciated SBI, the nation's largest bank, for its generous contribution and continued support to the people of Haryana.

Meanwhile, Saini today urged traders across the state to ensure that the full benefits of the Central Government's reduced GST rates are passed on to consumers.

He said that under the leadership of Prime Minister Narendra Modi, GST reforms have provided significant benefits to the people of India.

The Chief Minister called upon traders to actively participate in promoting the GST Bachat Utsav, which aims to make goods and services more affordable. He highlighted that this initiative will not only boost trade but also enable consumers to purchase essential items at lower prices. Affordable prices, growing trade, and a strong economy are the core spirit of the GST Bachat Utsav, which will take Haryana to new heights of progress, he said.

Saini described the reforms as a historic step toward a self-reliant India and a stronger economy, emphasizing the crucial role of the business community in delivering these benefits to the public. He expressed confidence that Haryana's traders would lead by example in implementing the Prime Minister's vision.

The Chief Minister said that the GST reforms would directly benefit consumers, especially during the festive season, by lowering prices on many everyday goods and generating additional savings for the middle class. These savings, he said, would not only provide relief to consumers but also create new opportunities for businesses.

- ANI

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Reader Comments

R
Rohit P
While I appreciate SBI's contribution, I hope the CM Relief Fund ensures this money reaches the actual flood victims. There have been concerns about transparency in relief fund utilization in the past. Proper monitoring is crucial.
K
Karthik V
The GST Bachat Utsav is a good initiative, but will traders really pass on the benefits? We often see prices remain the same despite tax cuts. Need stronger enforcement mechanism.
S
Sarah B
As someone who has family in flood-affected areas of Haryana, this support from SBI is much needed. Hope this helps in rebuilding infrastructure and providing immediate relief to affected families.
A
Aman W
Good to see corporate participation in social causes. SBI setting an example for other PSUs. The GST reforms mentioned could really help common people if implemented properly, especially during festive season shopping.
N
Nisha Z
While the donation is commendable, I wish the article gave more details about how exactly this money will be used for flood relief. Transparency in disaster relief is as important as the donation itself.

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