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\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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

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')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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    <h1 class="cat-box-title">Replacing scrapped Rs.500 and Rs.1,000 notes may take six more months -Jeanette Rodrigues</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash<br /><br />Mumbai: </em>For people expecting respite from the government&rsquo;s clampdown on cash, here&rsquo;s a reality check: it probably won&rsquo;t come soon.<br /><br />Prime Minister Narendra Modi&rsquo;s administration may need until May 2017 to replenish the stock of now worthless bills, according to Saumitra Chaudhuri, an economist who advised Modi&rsquo;s predecessor. The government on 8 November banned Rs.500 and Rs.1,000 notes in a surprise move against graft and tax evasion.<br /><br />Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash. Deutsche Bank AG predicts the crunch could easily shave off a half-point from India&rsquo;s growth in October-December, which could imperil its position as the world&rsquo;s fastest-growing major market.<br /><br />Please <a href="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html" title="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash<br /><br />Mumbai: </em>For people expecting respite from the government&rsquo;s clampdown on cash, here&rsquo;s a reality check: it probably won&rsquo;t come soon.<br /><br />Prime Minister Narendra Modi&rsquo;s administration may need until May 2017 to replenish the stock of now worthless bills, according to Saumitra Chaudhuri, an economist who advised Modi&rsquo;s predecessor. The government on 8 November banned Rs.500 and Rs.1,000 notes in a surprise move against graft and tax evasion.<br /><br />Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash. Deutsche Bank AG predicts the crunch could easily shave off a half-point from India&rsquo;s growth in October-December, which could imperil its position as the world&rsquo;s fastest-growing major market.<br /><br />Please <a href="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html" title="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash<br /><br />Mumbai: </em>For people expecting respite from the government&rsquo;s clampdown on cash, here&rsquo;s a reality check: it probably won&rsquo;t come soon.<br /><br />Prime Minister Narendra Modi&rsquo;s administration may need until May 2017 to replenish the stock of now worthless bills, according to Saumitra Chaudhuri, an economist who advised Modi&rsquo;s predecessor. The government on 8 November banned Rs.500 and Rs.1,000 notes in a surprise move against graft and tax evasion.<br /><br />Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash. Deutsche Bank AG predicts the crunch could easily shave off a half-point from India&rsquo;s growth in October-December, which could imperil its position as the world&rsquo;s fastest-growing major market.<br /><br />Please <a href="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html" title="http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html">click here</a> to read more. <br /></div>                                                           
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Replacing scrapped Rs.500 and Rs.1,000 notes may take six more months -Jeanette Rodrigues

Published on Nov 17, 2016   Modified on Nov 17, 2016

-Livemint.com Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash Mumbai: For people expecting respite from the government’s clampdown on cash, here’s a reality check: it probably won’t come soon. Prime Minister Narendra Modi’s administration may need until May 2017 to replenish the stock of now worthless bills, according to Saumitra Chaudhuri, an economist who advised Modi’s predecessor. The government on 8 November banned Rs.500 and Rs.1,000 notes in a surprise move against graft and tax evasion. Delays in replacing the currency risk prolonging the pain in the $2 trillion economy, where about 98% of consumer payments are made in cash. Deutsche Bank AG predicts the crunch could easily shave off a half-point from India’s growth in October-December, which could imperil its position as the world’s fastest-growing major market. Please click here to read more.

Livemint.com, 17 November, 2016, http://www.livemint.com/Politics/H0ZCb8wm0DcZWYiSbHgkgK/Demonetization-Modi-govt-may-need-six-more-months-to-replac.html

Tagged with: Effective Demand Demonetisation Currency demonetisation cash crunch Purchasing Power

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