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Demonetisation U-turn? RBI now turns away people wanting to exchange Rs 500, Rs 1,000 notes

-PTI New Delhi: Hundreds thronging the RBI office to exchange old Rs 500 and 1,000 notes returned empty handed as the central bank is allowing the facility only for NRIs or those who were abroad during the 50-day demonetisation period.' Prime Minister Narendra Modi in his address to the nation on 8 November, 2016 had said, "There may be some who for some reason, are not able to deposit their old 500...

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Notebandi takes the sauce out of Nashik's tomatoes -Aniket Aga & Chitrangada Choudhury

-RuralIndiaOnline.org Farmers in Maharashtra’s Nashik district – where one in every four tomatoes in India comes from – are destroying standing crops on a scale never seen before, following persistent rock-bottom prices since the November 8 demonetisation On Christmas morning, barely 24 hours after Prime Minister Narendra Modi laid the foundation of the Rs. 3,600 crore Shivaji statue in Mumbai, Yashwant and Hirabai Bendkule were slashing and uprooting the tomato vines on...

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Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf

-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...

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After demonetisation 479 complaints filed against hospitals: Maharashtra govt -Tabassum Barnagarwala

-The Indian Express Maximum complaints from patients in Mumbai, many had travelled to the city for surgery carrying cash. Mumbai: A total of 479 patients from across Maharashtra have filed complaints of refusal of treatment against hospitals in the state after the Centre’s demonetisation move on November 8. Maximum complaints came from patients in Mumbai, several of whom had travelled to the city for surgery carrying cash. Over 73 complaints against private...

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Now RBI Cites 'Threat to Life' Exemption to Deny RTI Query on Demonetisation Decision

-PTI More stonewalling from the ‘Reserved’ Bank of India New Delhi: Were the views of the chief economic advisor and the finance minister taken before the sudden announcement of demonetisation of high-value currency notes by Prime Minister Narendra Modi on November 8? The Reserve Bank of India feels this query cannot be answered under the Right to Information Act as it does not come under the definition of information under the transparency...

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