-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to Demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...
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Parliamentary panel hears adverse views on Demonetisation -Dilasha Seth & Amit Agnihotri
-Business Standard The Demonetisation drive has hit job creation, beside adding to the stress on banks New Delhi: Demonetisation is expected to negatively impact the overall economy and job generation, a number of economists told Parliament's standing committee on finance. Reserve Bank governor Urjit Patel was to come but could not; he will do so on January 18. The panel heard four economists — former chief statistician Pronab Sen; Mahesh Vyas, head of...
More »Do not want politics to shift to courts: Supreme Court
-PTI New Delhi: "We do not want politics to shift to the courts," the Supreme Court observed on Thursday while hearing arguments on whether a political party can file and pursue a public interest litigation (PIL). "The apprehension is that this will shift politics to the courts. We do not want this. We do not want politics to shift to the courts," a bench of Justices Madan B Lokur and N V...
More »40% contractual staff jobless in Noida
-The Times of India NOIDA: More than 40% of contractual workers have been laid off from Noida's garment industry in the past 40 days after Demonetisation was announced. Gautam Budh Nagar district labour department and workers' associations confirmed that while many garment export and manufacturing units have started pulling down shutters, many people who work on a contractual basis have been rendered jobless. Noida has 1,800 garment manufacturing and export units. Of...
More »Demonetisation managers incapable, breaking my head over it: Ally Chandrababu Naidu -Sreenivas Janyala
-The Indian Express Naidu had earlier praised Prime Minister Narendra Modi for demonetising Rs 500 and Rs 1,000 notes, even taking credit for the decision. Hyderabad: ANDHRA PRADESH Chief Minister Chandrababu Naidu, who was among the first to welcome the Centre’s Demonetisation decision, did a turnaround on Tuesday, saying it was “not what we wished for” and pointed out that there was no solution in sight even after “more than 40 days”. Naidu...
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