Note ban anniversary: Amidst chaos and protests PM Modi thanks supporters

Agencies
November 8, 2017

New Delhi, Nov 8: Prime Minister Narendra Modi on Wednesday tweeted in support of demonetisation and asked the people to take a survey to tell him what they felt about the note ban.

A year ago, the central government scrapped old notes of Rs 500 and Rs 1,000. What eventually came to be seen as the biggest decision taken by the Narendra Modi government, became the centre point of discussions in politics. Modi also tweeted a video of the benefits of demonetisation and another infographic on the same issue. He also thanked the people "for steadfastly supporting the several measures".

However, the Opposition has been consistent with its criticism of demonetisation. On Wednesday, Congress vice-president Rahul Gandhi also tweeted on the note ban, calling it a "tragedy".

Countrywide protests in the form of processions, rallies, and candle-light marches are being planned by Congress and other Opposition parties to mark the first anniversary of demonetisation.

Congress, which described the note ban decision as the "biggest scam" and "the largest government-abetted money laundering scheme", has asked all its state units to organise protests, processions, and marches to mark the day.

Comments

Althaf
 - 
Wednesday, 8 Nov 2017

i stand with Rahul. People those suffered during demonetization period gone through a pain and they cursed the PM for this act!

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Agencies
January 24,2020

New Delhi, Jan 24: The Election Commission of India on Friday told the Supreme Court that its 2018 direction asking poll candidates to declare their criminal antecedents in electronic and print media has not helped curb criminalisation of politics. The poll panel suggested that instead of asking candidates to declare criminal antecedents in the media, political parties should be asked not to give tickets to candidates with criminal background.

A bench of Justices R F Nariman and S Ravindra Bhat asked the ECI to come up with a framework within one week which can help curb criminalisation of politics in nation's interest.

The top court asked the petitioner BJP leader and advocate Ashiwini Upadhyay and the poll panel to sit together and come up with suggestions which would help him in curbing criminalisation of politics.

In September 2018, a five-judge Constitution bench had unanimously held that all candidates will have to declare their criminal antecedents to the Election Commission before contesting polls and had called for a wider publicity, through print and electronic media about antecedents of candidates.

Comments

Satya Vishwasi
 - 
Saturday, 25 Jan 2020

What about those criminals who were already in parliament and vidahan sabhas? shall the ECI cancel their positions?

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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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