Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | No &#039;less cash&#039; two years post note ban    </title>
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-The Hindu

Cash in circulation and ATM withdrawals have only increased, RBI data shows

Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and..."/>
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-The Hindu

Cash in circulation and ATM withdrawals have only increased, RBI data shows

Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and..." />
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                            <div align="justify">-The Hindu<br /><br /><em>Cash in circulation and ATM withdrawals have only increased, RBI data shows<br /></em><br />Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then.<br /><br />One of the objectives of demonetisation was to move to a &lsquo;less-cash&rsquo; society. However, two years down the line, it appears the objective has not been achieved.<br /><br />According to Reserve Bank of India (RBI) data, currency in circulation rose to ?19.6 lakh crore as on October 26, 2018, a 9.5% growth from two years ago. The currency in circulation was ?17.9 lakh crore on November 4, 2016, the week before the note ban came into force.<br /><br />With cash back in the system, ATM withdrawals have picked up. According to RBI data, cash withdrawals from ATMs grew 8% to ?2.75 lakh crore in August 2018 from ?2.54 lakh crore in October 2016. The October figure, which will be released in December, could well be higher, as withdrawals generally increase in the festival season. Cash withdrawals from ATMs fell sharply during the demonetisation exercise, hitting ?1.06 lakh crore in December 2016.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" title="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" class="re" target="_blank">The Hindu, 7 November, 2018, https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true</a><div class="clear"></div>
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-The Hindu

Cash in circulation and ATM withdrawals have only increased, RBI data shows

Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and..."/>
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Cash in circulation and ATM withdrawals have only increased, RBI data shows

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    <h1 class="cat-box-title">No &#039;less cash&#039; two years post note ban</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Cash in circulation and ATM withdrawals have only increased, RBI data shows<br /></em><br />Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then.<br /><br />One of the objectives of demonetisation was to move to a &lsquo;less-cash&rsquo; society. However, two years down the line, it appears the objective has not been achieved.<br /><br />According to Reserve Bank of India (RBI) data, currency in circulation rose to ?19.6 lakh crore as on October 26, 2018, a 9.5% growth from two years ago. The currency in circulation was ?17.9 lakh crore on November 4, 2016, the week before the note ban came into force.<br /><br />With cash back in the system, ATM withdrawals have picked up. According to RBI data, cash withdrawals from ATMs grew 8% to ?2.75 lakh crore in August 2018 from ?2.54 lakh crore in October 2016. The October figure, which will be released in December, could well be higher, as withdrawals generally increase in the festival season. Cash withdrawals from ATMs fell sharply during the demonetisation exercise, hitting ?1.06 lakh crore in December 2016.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" title="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" class="re" target="_blank">The Hindu, 7 November, 2018, https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true</a><div class="clear"></div>
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-The Hindu

Cash in circulation and ATM withdrawals have only increased, RBI data shows

Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and..."/>
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    <h1 class="cat-box-title">No &#039;less cash&#039; two years post note ban</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Cash in circulation and ATM withdrawals have only increased, RBI data shows<br /></em><br />Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then.<br /><br />One of the objectives of demonetisation was to move to a &lsquo;less-cash&rsquo; society. However, two years down the line, it appears the objective has not been achieved.<br /><br />According to Reserve Bank of India (RBI) data, currency in circulation rose to ?19.6 lakh crore as on October 26, 2018, a 9.5% growth from two years ago. The currency in circulation was ?17.9 lakh crore on November 4, 2016, the week before the note ban came into force.<br /><br />With cash back in the system, ATM withdrawals have picked up. According to RBI data, cash withdrawals from ATMs grew 8% to ?2.75 lakh crore in August 2018 from ?2.54 lakh crore in October 2016. The October figure, which will be released in December, could well be higher, as withdrawals generally increase in the festival season. Cash withdrawals from ATMs fell sharply during the demonetisation exercise, hitting ?1.06 lakh crore in December 2016.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" title="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true" class="re" target="_blank">The Hindu, 7 November, 2018, https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true</a><div class="clear"></div>
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Home हिन्दी

No 'less cash' two years post note ban

Published on Nov 8, 2018   Modified on Nov 8, 2018

-The Hindu Cash in circulation and ATM withdrawals have only increased, RBI data shows Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then. One of the objectives of demonetisation was to move to a ‘less-cash’ society. However, two years down the line, it appears the objective has not been achieved. According to Reserve Bank of India (RBI) data, currency in circulation rose to ?19.6 lakh crore as on October 26, 2018, a 9.5% growth from two years ago. The currency in circulation was ?17.9 lakh crore on November 4, 2016, the week before the note ban came into force. With cash back in the system, ATM withdrawals have picked up. According to RBI data, cash withdrawals from ATMs grew 8% to ?2.75 lakh crore in August 2018 from ?2.54 lakh crore in October 2016. The October figure, which will be released in December, could well be higher, as withdrawals generally increase in the festival season. Cash withdrawals from ATMs fell sharply during the demonetisation exercise, hitting ?1.06 lakh crore in December 2016. Please click here to read more.

The Hindu, 7 November, 2018, https://www.thehindu.com/business/Industry/no-less-cash-two-years-post-note-ban/article25439322.ece?homepage=true

Tagged with: Currency in circulation Currency demonetisation Demonetisation Automated Teller Machines (ATMs)

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