Tag: Demonetisation

Berhampur: The Central team which is in Odisha to review the state of affairs and collect feedback on the implementation of the demonetization program visited Berhampur and Jajpur today. Central team member and Union Joint Secretary, Food and Public Distribution, Suresh Vashist held discussions with Ganjam collector Premchandra Choudhary along with representatives from Agriculture, industries […]

Bhubaneswar: The Central team, which visited Odisha on Wednesday to study the problems in the implementation of the demonetisation of Rs.1000 and Rs.500 notes, expressed pleasure over the initiatives taken by State government to ease situation. “The State has taken very good measures to ease the problems arising out of demonetisation. We have discussed various […]

Bhubaneswar: BJD’s MP from Kendrapara, Baijayant Panda today came out in the support of the demonetisation move. However, he showed  his concern saying that one has to also be sensitive to the difficulties being faced by the people on account of the ban on old Rs 500 and Rs 1000 notes. Also Read: Baijayant reviews […]

Bhubaneswar: Taking note that the people in rural areas are facing difficulties in getting new notes in exchange of the old notes, the Odisha government has decided to provide banking services in panchayat offices very soon. A decision to this effect was taken at a high level meeting presided over by chief secretary Aditya Prasad […]

Bhubaneswar: In the wake of the recent demonetisation of Rs, 500 and Rs 1000 currency notes, the Odisha government has urged the Centre to provide mobile banking services in unbanked Gram Panchayats (GPs) with immediate effect. In a letter to Union Finance minister Arun Jaitley today, Chief Minister Naveen Patnaik said out of 6238 Gram […]

Bhubaneswar: The Reserve Bank of India (RBI) has directed the banks to allow customers having accounts to get pension or any social security benefit money to withdraw beyond the set limit of Rs 10,000 cash on a single day and Rs 20,000 in a week. Talking to newsmen here today, RBI General Manager Sarada Prasanna […]

Khurda: Amidst the ongoing chaos at banks to get rid of old Rs 500 and Rs 1000 notes, a depositor from Khurda was caught while trying to exchange fake currency notes. The accused has been identified as Sumit Kumar Tudu, who is said to be an engineering student and the son of Jagat Kumar Majhi, […]

New Delhi: Amid reports of gradual phasing out of Rs 2,000 notes, the government on Friday clarified that there had been no decision on the printing of the high denomination note “recently”, while hinting that their printing has been stopped as there is “more than adequate” stock in circulation. Economic Affairs Secretary Subhash Chandra Garg […]

New Delhi: Drawing the link between demonetisation and GDP numbers, former Chief Economic Advisor Arvind Subramanian has said the puzzle thrown up by the note ban has a dual aspect – whether its impact as seen in the GDP numbers reflects a resilient economy, and if the growth figures pose questions about the official data […]

Shahdol (Madhya Pradesh): Stepping up his attack on the Congress and the Gandhi family, Prime Minister Narendra Modi on Friday said the Gandhis are crying even two years after demonetisation as they have “lost” ill-gotten money. “These days people are discussing development. People are discussing how in 55 years the four generations of a family could […]

New Delhi: Taking a jibe at Prime Minister Narendra Modi for his comment that demonetisation led to crackdown on shell firms, Congress President Rahul Gandhi on Monday said it takes a “thief to know a thief”. Gandhi’s remarks came after Modi targeted the Congress for criticising demonetisation, saying the move had let to closure of […]

Bilaspur (Chhattisgarh): Hitting back at Rahul Gandhi who questioned him on demonetisation, Prime Minister Narendra Modi on Monday said that the Congress President and his mother Sonia Gandhi were out on bail but issuing “honesty certificates” to others. “The mother-son duo who are out on bail are giving me a certificate and asking from me […]

New Delhi: Hundreds of Delhi Congress workers marched to the Reserve Bank of India office here on Friday on the occasion of the second anniversary of demonetisation, denouncing the great note-change exercise as “ill-fated” and “destructive” to the economy and the people of the country. Addressing party workers, Congress leader Ajay Maken said that Prime […]

New Delhi: Attacking Narendra Modi on the second anniversary of demonetisation, Congress President Rahul Gandhi on Thursday called the note ban a “cruel conspiracy” and a “scam”. “Note ban was a planned and cruel conspiracy. This scam was a scheme to launder black money of the Prime Minister’s cronies,” Gandhi tweeted in Hindi. “There was […]

New Delhi: The opposition on Thursday attacked the Narendra Modi government for unleashing “destruction” on every citizen of India with its 2016 demonetisation move that only helped the Prime Minister’s cronies. On the second anniversary of the ban on Rs 500 and Rs 1,000 currency notes, the Congress called it a “black day” for the […]