Tuesday, July 27, 2021
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Demonetisation Move

No gains from note ban

The consequences of the demonetisation decision by Prime Minister Modi turned out to be just an economic misadventure

Was demonetisation pain worth it, asks common man

"With arthritis standing in queues was painful and I had to make several trips to the bank to deposit my old currency in return for the new notes. For the old, demonetisation was very difficult, as it just left us helpless," said Anne Bangera, a 71-year-old retired teacher.

Cleaning system from black money very high on my agenda: PM

Modi said cleaning the system from black money and corruption is very high on his agenda amid a push towards employment generation and self-employment opportunities.

Demonetisation made economic conditions bad to worse: Azam

Uttar Pradesh Urban Development minister Azam Khan on Sunday said it has made the economic conditions "bad to worse" and thousands of workers have become jobless due to it.

Manmohan should support demonetisation: Bandaru Dattatreya

Dattatreya said that Singh should support demonetisation and promotion of cashless transactions in the country as there is no politics in the NDA government's move.

Demonetisation bedlam continues in Parliament

The Rajya Sabha witnessed acrimonious scenes as the opposition derailed the proceedings over the government's decision to reduce the wheat import duty to zero per cent. They dubbed the government "anti-farmer". Both houses were adjourned for the day amid repeated disruptions.

Demonetisation was Dr B R Ambedkar’s idea: BJP legislator

N Ramchander Rao, said that demonetisation was the idea put forth by Dr Babasaheb Ambedkar, the architect of the Indian Constitution.

Govt asks banks to install additional 10 lakh PoS

"As part of the plan to expand the digital payments ecosystem and facilitate the move towards cashless transactions, the government has decided that an additional one million new PoS terminals should be installed by March 31," a statement said.

RBI places order to print currency as per requirement: Govt

These new series bank notes are distinctly different from the old ones in terms of look, design, size and colour, he said in a written reply. "The RBI monitors the requirement of notes on a regular basis and places the indent on the printing presses accordingly," the minister said.

28% citizens yet to deposit old currency in bank: Survey

The survey was conducted across 150 cities in India in which over 800 citizens participated.

Demonetisation to have gains in long run: Chandrababu Naidu

The Andhra government has adopted several innovative ways to solve the problems of the people and become a role model State in the country in cashless transactions, Babu said.

PIL against demonetisation: HC declines immediate relief

A bench of Chief Justice G Rohini and Justice V K Rao declined immediate relief to the petitioner, a businessman, on the ground that the Supreme Court is seized of the issue. It further said that it was not aware of the proceedings before the apex court and, therefore, the petitioner should produce the copy of the order by November 25.

Don’t politicise demonetisation: Dattatreya

"They (Opposition parties) should not politicise the issue. Let them come for discussion to show solutions and see that people's hardships are unitedly solved with their ideas," Dattatreya said.

Demonetisation after-effects to last longer: Chidambaram

"The PM's time out for 50 days might ease the liquidity crisis at individual's hands, but it won't solve many other problems," Chidambaram said.

If demonetisation fails, there will be anarchy: Raj Thackeray

Raj Thackeray launched a blistering attack on Prime Minister Narendra Modi for the November 8 demonetisation move and warned that if it fails the country will be pushed into anarchy.

Demonetisation will boost economy in long-run: FTAPCCI

I feel it will come down more than what people are expecting. It will give a robust boost to the economy," Ravindra Modi said.

We will bring adjournment motion against demonetisation, says Mamata

Leading a march to Rashtrapati Bhavan against government's demonetisation move, West Bengal Chief Minister Mamata Banerjee said her party will seek to move an adjournment motion in the Lok Sabha over the problems faced by people.

BJP corners Congress over corruption

BJP leader, G Kishan Reddy said it was ridiculous for the Congress to criticise the demonetisation move, alleging that the opposition party was raising a hue and cry over it only because they had amassed ill-gotten wealth.

Angry customers break bank’s glass door in Kollam

The SBT branch at Vavvakkam on seeing huge surge of customers decided to down shutters for a while. Angered over this, people waiting in the queue outside the branch allegedly broke a glass door of the bank, officials said.

Modi loses over 3 lakh followers on Twitter, Kejriwal gains

After announcing demonetisation of currency, Prime Minister Narendra Modi lost over three lakh followers on Twitter. On the other hand, Kejriwal's Twitter account registered a surge in the number of followers in the last three days.

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