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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Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure 

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    <h1 class="cat-box-title">Where are we, three months after Modi&#039;s demonetisation move? -Roshan Kishore</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure <br /></em><br />On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today?<br /><br />In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that remonetisation process is nearly complete.<br /><br />Latest data from the Reserve Bank of India, or RBI (for week ending 20 January, 2017) shows that cash with public is still 40% less than what it was a year ago.<br /><br />On the other hand, year-on-year increase in currency with banks has returned to its normal level, suggesting that banks have deposited all demonetised currency with the RBI.<br /><br />Overall currency in circulation is 57% of what it was before note-ban decision. The comparisons have been made for latest data available for week ending 27 January, 2017 and 4 November, 2016. <br /><br />Please <a href="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html" title="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure <br /></em><br />On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today?<br /><br />In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that remonetisation process is nearly complete.<br /><br />Latest data from the Reserve Bank of India, or RBI (for week ending 20 January, 2017) shows that cash with public is still 40% less than what it was a year ago.<br /><br />On the other hand, year-on-year increase in currency with banks has returned to its normal level, suggesting that banks have deposited all demonetised currency with the RBI.<br /><br />Overall currency in circulation is 57% of what it was before note-ban decision. The comparisons have been made for latest data available for week ending 27 January, 2017 and 4 November, 2016. <br /><br />Please <a href="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html" title="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html">click here</a> to read more. <br /></div>                                                           
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Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure 

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                            <div align="justify">-Livemint.com<br /><br /><em>Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure <br /></em><br />On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today?<br /><br />In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that remonetisation process is nearly complete.<br /><br />Latest data from the Reserve Bank of India, or RBI (for week ending 20 January, 2017) shows that cash with public is still 40% less than what it was a year ago.<br /><br />On the other hand, year-on-year increase in currency with banks has returned to its normal level, suggesting that banks have deposited all demonetised currency with the RBI.<br /><br />Overall currency in circulation is 57% of what it was before note-ban decision. The comparisons have been made for latest data available for week ending 27 January, 2017 and 4 November, 2016. <br /><br />Please <a href="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html" title="http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html">click here</a> to read more. <br /></div>                                                           
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Where are we, three months after Modi's demonetisation move? -Roshan Kishore

Published on Feb 11, 2017   Modified on Feb 11, 2017

-Livemint.com Windfall gains and remonetisation claims are still uncertain, but the Indian economy has suffered a short-term pain for sure On 8 November, 2016 Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs1,000 notes, which constituted 86% of the currency in circulation. Exactly three months later, where does the Indian economy stand today? In an interview to Mint after the Union budget, economic affairs secretary Shaktikanta Das claimed that remonetisation process is nearly complete. Latest data from the Reserve Bank of India, or RBI (for week ending 20 January, 2017) shows that cash with public is still 40% less than what it was a year ago. On the other hand, year-on-year increase in currency with banks has returned to its normal level, suggesting that banks have deposited all demonetised currency with the RBI. Overall currency in circulation is 57% of what it was before note-ban decision. The comparisons have been made for latest data available for week ending 27 January, 2017 and 4 November, 2016. Please click here to read more.

Livemint.com, 9 February, 2017, http://www.livemint.com/Politics/x5xSNnfvR0D5uINXx6RAON/Where-are-we-three-months-after-Modis-demonetisation-move.html

Tagged with: cash crunch cash deficit Cash shortage Union Budget Reserve Bank of India RBI Currency demonetisation Demonetisation remonetisation

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