-The Telegraph New Delhi: The RBI has said deposits of demonetised notes with a value of over Rs 5,000 would be allowed just once in a bank account between now and December 30. The announcement not only lengthened the list of abrupt changes enforced since the note recall was announced on November 8 but also fuelled suspicion that the government is trying to dissuade people from depositing demonetised notes. The value of such...
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No rush to deposit, says FM; Why haven't you done so, says RBI
-The Times of India NEW DELHI: The government and RBI on Monday unveiled fresh Restrictions on deposit of old 500 and 1,000 rupee notes, saying anyone depositing above Rs 5,000 will be questioned "on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier" and only after a "satisfactory explanation" will the money be deposited. This flies in the face...
More »Breakfast for Rs 5, lunch for Rs 8: Vasundhara Raje launches Annapurna Rasois -Mohammad Hamza Khan
-The Indian Express The tagline for the scheme, named Annapurna Rasoi Yojana, is: “Sabke liye bhojan, sabke liye sammaan (Food for all, respect for all)”. Jaipur: Taking a leaf out of former Tamil Nadu CM Jayalalithaa’s book, Rajasthan Chief Minister Vasundhara Raje on Thursday launched a subsidised meal scheme in the state. The tagline for the scheme, named Annapurna Rasoi Yojana, is: “Sabke liye bhojan, sabke liye sammaan (Food for all, respect for...
More »8 out of 9 preliminary enquiries into Radia Tapes closed: Government
-PTI NEW DELHI: Eight out of nine preliminary enquiries (PEs) have been closed by the CBI in its probe into the infamous Radia tapes, which led to a storm in political, business and bureaucratic circles in 2010. Replying to a written question in the Rajya Sabha, Minister of State for Home Hansraj Gangaram Ahir said nine PEs had been registered by the CBI in its probe in the Radia tapes, pursuant to...
More »Why demonetisation notification is illegal and violates the Constitution -Namita Wahi
-The Economic Times One month after demonetisation, the Supreme Court is hearing several public inteRest petitions challenging the constitutional validity of the “demonetisation notification”, which declared that Rs 500 and Rs 1,000 notes would no longer be legal tender post midnight on November 8, 2016. The preamble to the notification stated that its objective was to eliminate fake currency used for financing terrorism and to address the problem of “unaccounted money” in...
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