A press statement issued from the Right to Food Campaign on 27 December, 2016 says that the demonetisation of old currency notes of Rs. 500/- and Rs. 1000/- denomination wreaked havoc on the livelihood security of the poor people. The labouring and toiling masses, who are mostly engaged in the informal sector, have been adversely affected due to the scrapping of old currency notes of Rs. 500/- and Rs. 1000/-...
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In 8 months, free LPG cylinders to 1.5 crore poor homes
-The Times of India NEW DELHI: The government has given out cooking gas connections free of cost to 1.5 crore poor households under the 'Ujjwala' scheme, achieving the target set for the 2016-17 financial year in eight months on the back of a massive outreach in rural areas. The scheme was launched on May 1 by PM Narendra Modi at a rally in UP's Ballia district. The scheme envisages providing LPG connection...
More »Demonetisation: NHAI to pay Rs 922 crore for toll loss -Dipak K Dash
-The Times of India NEW DELHI: The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2. Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November...
More »CABinet clears ordinance to punish people holding banned notes beyond deadline -Suchetana Ray
-Hindustan Times New Delhi: The Union CABinet cleared on Wednesday an ordinance to penalise those found holding a “high amount” of scrapped banknotes. The Specified Bank Notes Cessation of Liabilities Ordinance makes holding a large number of old Rs 1000 and Rs 500 notes a criminal offence that will attract a jail term and a monetary penalty of five times the amount of old cash one is caught with. The ordinance allows exchange...
More »With Reduced Access to Healthcare, Demonetisation Deaths Are Likely Far Higher Than Reported -Bharat Dogra
-TheWire.in According to doctors working in hospitals providing low-cost treatment, the number of patients has reduced by about 30% since demonetisation. The recent debate on demonetisation-related deaths has taken place mainly in the context of people who died while waiting in bank queues or collapsed while standing in these queues and died soon after. In addition, there are those whose sudden death is being attributed to stress from not finding valid currency...
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