<h1>Government Confirms No Plans to Withdraw Chequebooks; Cheques Remain Vital for Payments and Commerce.</h1> The Central Government has clarified that there is no proposal to withdraw the bank chequebook facility, contrary to media reports suggesting otherwise. While the government aims to promote digital transactions and a less cash-dependent economy, cheques remain crucial to the payments system and commerce as negotiable instruments. The Union Finance Minister highlighted the importance of cheque payments in the 2017-18 Budget Speech and mentioned potential amendments to the Negotiable Instruments Act to ensure payees of dishonoured cheques can secure payments.