Printing of Rs 2K notes should be stopped in future: Ramdev

January 10, 2017

Raipur, Jan 10: Hailing Prime MinisterNarendra Modi for demonetising Rs 1,000 and Rs 500 currency notes, Yoga guru Baba Ramdev today said printing of Rs 2,000 currency notes should also be stopped in future.

ramdev"The adverse effect of high denomination currency is evident as the fake currency in the denomination of Rs 2,000 notes has arrived (in the market). The bigger value note has the same problem for which Modiji has scrapped the other ones," Ramdev told reporters here.

"Fake currency note in high denomination is convenient for printing, transportation and difficult to trace...I feel the printing of Rs 2,000 note should be stopped in future," he added.

"In future, wherever there will be strong need, cash should be used otherwise we should move towards a cashless economy. As we move ahead toward digital transaction it will ensure transparency and accountability in the economy," Ramdev added.

The Yoga guru further said he has full faith in the prime minister, saying he is enacting good policies for empowering the county.

"The prime minister is making strong efforts for the betterment of the country. But we can't be dependent only on politician or political party to bring 'Achhe din' (good days). I have already said that both the government and the society will have to work together to make the country prosperous and bring good days," he added.

Terming demonetisation as a historic and brave step, he said, black money constitutes 80-85 per cent of the economy and Modiji has taken bold step to solve the issue.

"Besides liquidity, black money is in land, gold, mining, health, politics education and many more sector. Modiji will take measures step by step to flush out black money from our economy, he said.

"The black money which is stashed abroad is not in the country's internal economy. But the way Modiji has taken step to remove black money from the internal economy, he will also not hesitate in bringing the black money from abroad," he said when asked about BJP's promise to bring black money stashed in foreign banks.

Ramdev arrived in Chhattisgarh to take part in three-day "Yoga Shivir" starting from tomorrow in Bhilai city of Durg district.

Comments

Rikaz
 - 
Tuesday, 10 Jan 2017

this swami is nothing but a stooge.....

Abdul
 - 
Tuesday, 10 Jan 2017

Does baba father was a billlionear ? invested direct 200 cr and now the cos worth more then 5000 cr ... ppl scare to raise voice where the source to get 200 cr??

abdul
 - 
Tuesday, 10 Jan 2017

Modi should have made this uneducated dhoti baba as RBI governor...

Skazi
 - 
Tuesday, 10 Jan 2017

It is true, bcoz the BJP patriots have replaced their black money with the new 2K notes.... so no more required

Infact the govt should cancel this new 2 K note and then we can enjoy the Tamasha and Man ki baath....

aslam
 - 
Tuesday, 10 Jan 2017

In modi govt ramdev act like one of the finance minister

Wellwisher
 - 
Tuesday, 10 Jan 2017

Complete 'U' turn

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
March 14,2020

Bengaluru, Mar 14: Bus-stands and railway stations in this IT city wore a deserted look on Saturday and malls, cinemas, pubs and night clubs remained shut as part of the lockdown announced by the state government following the country's first coronavirus fatality reported from Karnataka on March 12.

Six people in Karnataka have contracted the virus including the 76-year-old man who died due to this disease from Kalaburagi in the state.

A day after chief minister B S Yediyurappa announced the shutdown for a week, the usual rush at the Central bus-stand was missing.

"Since yesterday there is slackness. Today again we are witnessing the same," a Bangalore Metropolitan Transport Corporation official told PTI.

The Karnataka State Road Transport Corporation, which runs inter-city and inter-state buses, too has seen a decline in its revenue.

"For the past five to six days we are seeing a drop of Rs 32 lakh to Rs 35 lakh in our daily revenue of Rs eight crore," Bengaluru divisional controller B T Prabhakar Reddy said.

On March 13, Yediyurappa issued instructions to stop all kinds of exhibitions, summer camps, conferences, fairs, marriage, sports and engagement events and birthday parties state-wide for a week from Saturday.

Business at pubs and aars have taken a hit due to the virus threat.

"Our businesses have suffered somewhere between 40 per cent and 70 per cent.

It is very difficult to cope with the situation," said Manu Chandra, Bengaluru chapter head of National Restaurant Association of India.

In Chitradurga district, the annual Rathayatra was cancelled whereas in Bengaluru, a temple displayed a board that it will not distribute any 'teertha' (holy water) or 'prasad' (offering) to devotees in view of the coronavirus scare.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 3,2020

Dubai, Mar 3: Abu Dhabi-based Indian retail tycoon MA Yusuff Ali has become the first Indian to receive Saudi Arabia's premium residency, his office said in a statement on Monday.

Yusuff Ali, 64, is the chairman of the LuLu Group, who was ranked the richest expat in the UAE by the Forbes magazine last year.

The permit, informally known as Saudi Green Card, grants expatriates the right to live, work and own business and property in the Kingdom without need for a sponsor, the LULU group said in a statement.

The introduction of the Premium Residency comes as a part of Saudi Arabia's Vision 2030 reform plan, which was announced by Crown Prince Mohammed bin Salman to boost the Saudi economy, the statement said.

Yusuff Ali said "obviously a very proud and humbling moment in my life. This is a great honour not only for me but for the entire Indian expat community and I sincerely thank the HM the King Salman, HRH Crown Prince Mohamed bin Salman and the government of Saudi Arabia."

"@Yusuffali_MA , an investor from India, after obtaining Premium Residency in Saudi Arabia: ''The Kingdom became an attractive investment destination due to the remarkable growth in economy," Premium Residency tweeted on Monday.

Yusuff Ali said he was sure that this new permanent residency initiative will further boost Saudi Arabia's image as one of the key investments and business hubs of the region as well as attract and retain new investors.

This initiative is targeting key investors and prominent personalities from various fields, including sports, arts & culture, who have played a defining role in the nation building process.

The Lulu Group owns and operates more than 35 hypermarkets and supermarkets in Saudi Arabia, which includes ARAMCO Commissaries and National Guards super stores.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 8,2020

Shivamogga, Mar 8: In a tragic incident, three people died on the spot and one person severely injured after a car, in which they were travelling dashed against a wayside tree in Kaspadi village in Sagar Taluk on Sunday.

Police said that the deceased have been identified as Siddappa (40), Venkatesha (50), G Tippanna (60), while injured Nagaraj, was admitted to Hospital at Sagar.

The mishap took place when the victims were their way to visit Kargal Village from Raichur.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.