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Govt tightens notes exchange norms, lowers limit to Rs 2,000

[email protected] (Agencies)
November 17, 2016

New Delhi, Nov 17: Government today lowered the exchange limit for now-defunct 500 and 1,000 rupee notes to Rs 2,000 from the existing cap of Rs 4,500, effective tomorrow.

delhibank

Among other measures, it has allowed up to Rs 2.5 lakh cash withdrawal from bank account of a bride or groom or their parents for a marriage during the ongoing wedding season.

"To enable larger number of people to get benefit of over-the-counter exchange of Rs 500 and Rs 1,000 notes, the existing limit of Rs 4,500 will be reduced to Rs 2,000 with effect from tomorrow," Economic Affairs Secretary Shaktikanta Das told reporters.

The over-the-counter exchange of Rs 500/1,000 in return of new currency will be available "once per person till December 30".

"This will enable larger number of people to exchange notes. There is no cash shortage and enough cash is available," he said.

The decision comes a day after the government directed banks to put indelible ink mark on the right index finger of persons to screen them from using the exchange facility more than once.

Prime Minister Narendra Modi had on November 8 demonetised Rs 500 and Rs 1,000 notes in his bigger war against black money, terror financing and counterfeit notes.

Since then a lot of representations have come to Prime Minister and Finance Minister to ease withdrawal norms for wedding purposes.

"This has been considered by the government and decided that for wedding ceremonies, up to Rs 2.5 lakh will be allowed to be withdrawn from account if father or mother or the bride and groom," Das said.

He said the account has to be KYC compliant and self declaration has to be given to the bank. The Rs 2.5 lakh can be withdrawn from only one account.

Comments

Naren kotian
 - 
Friday, 18 Nov 2016

One guy is mentioning Reddys marriage and fyi ... It is his money and IT deparatment has clear idea about it and they will ask him to make payment ,if there is any discprepancy ...as per him .. everything was prepaid and planned long back ... when muslim dominated congress was in power sahara chief arranged lavish wedding , mulayam did even more lavish wedding ... adara bagge this khan grace thirbokis dont comment .
saleem , if you cannot pay for autowala , use public transport .. who cares ..
george , 2.5 lakhs in cash . now caterers , shops , hall accept online transfers or via cheque now and gold business also accepts cheque ..use cash for other expenses ... cmon yaar common man can easily make wedding with just 2.5 lakhgs ...if u want to spend more and if u dont have cheque and account .. it is really then u r a black money hoarded and believed in parallel banking system ... yaarge bidthiya guru ... one particular segment can accept ur vesrion ashte .
Mohammed , hahaha ... u might be tax payer ... but all over india tax payers no is just 1.3 crores .. out of 130 crore ... spread this message in your group ... no body cares ... we support our regime and there are crores of people backing it ... why dont u ask ur community members to open account and withdraw money via atm ... and moreover here people get bitti bhagyas ..simple for the sake of hating we should not hate ...
Porkis frustration can be clearly understood :) hahaha ... bholo bharath mata ki jai ... vande mataram ... hara hara modi jai jai modi ...

Rikaz
 - 
Thursday, 17 Nov 2016

Modiji, poor are suffering....you said in the Goa riches will be suffering but in fact it is other way around....please fix it as soon as possible before its gets in to problem....

Mohammed
 - 
Thursday, 17 Nov 2016

Y are we applied indelible ink on our fingers?
Are we not tax payers?
We go to bank for our money earned by us,
We must strongly oppose this move
If you all agree, spread this message to all

Althaf
 - 
Thursday, 17 Nov 2016

Fenku ye kya kar diya.. Gareebon ki badduwa khali nahi jayegi.. Abki baar No fenku sarkar.

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News Network
July 4,2020

A 53-year-old Indian worker in the UAE has missed a special repatriation flight after he dozed off at the Dubai International Airport, a media report said.

P Shajahan, who worked as a storekeeper in Abu Dhabi, was supposed to fly to Thiruvananthapuram on the Emirates jumbo jet chartered by the Kerala Muslim Cultural Centre (KMCC) Dubai, Gulf News reported.

It was the first-ever jumbo jet chartered for repatriation.

Shajahan, who had paid 1,100 dirham (USD 300) for the ticket, said that he did not sleep on the previous night as he kept on waiting for the confirmation of his ticket for the jumbo jet flying 427 stranded Indians to Kerala, it said.

He reached the airport early in the morning and after finishing the check-in procedures and rapid test, he reached the waiting area of the boarding gate at Terminal 3 around 2 PM local time, the report said.

“I sat away from most of the others. But I fell asleep after 4.30 PM,” he said.

S Nizamudeen Kollam, who coordinated the charter flight, said that the airline officials could not trace Shajahan when the flight was to take off.

“He woke up and called us after the flight left. It is sad that he missed the flight, which was the first-ever jumbo jet chartered for repatriation. We are now trying to send him on another Emirates flight that we are chartering on Saturday,” Kollam said.

Since Shajahan did not have any money, Jasimkhan Kallambalam, organising secretary of KMCC Thiruvananthapuram, went to the airport to meet him on Friday.

“Since his visa was cancelled, he could not come out of the airport. He had only eaten the snacks in the kit KMCC had given. We managed to give him some cash for buying food through KMCC volunteer Alamsha Latheef,” Kallambalam said.

In March, another Indian expat had fallen asleep in the same terminal and missed the last flight home before flights were suspended due to the COVID-19 pandemic.

He was stranded here for over 50 days before getting repatriated.

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News Network
April 21,2020

Bengaluru, Apr 21: Hardline BJP leader and Bengaluru South MP Tejasvi Surya, who had deleted some of his old sexist tweets while contesting for Lok Sabha polls, yesterday deleted deleted his ugly remarks against Arab woman after it went viral and triggered sharp response from  many quarters, including from the Arab world.

In 2015, before Surya became an MP, he had said in a tweet, "95% of Arab women have never had an orgasm in the last few hundred years! Every mother has produced kids as an act of sex and not love. @Tarek Fatah."

The old tweet was picked up some influential members in the Arab community. Many intellectuals and various members of the royal families too have over the past few days condemned the attacks on Muslims in India and called out instances on Islamophobia. They have been highlighting derogatory comments about the Arab community purportedly made by supporters of the ruling BJP. It was then that a few found that even present day recognised leaders like Tejasvi had made similar comments in the past.

As the outrage grew, Tejasvi deleted the old tweet. A lot of BJP supporters on Twitter then started pointing out that Tejasvi Surya had merely quoted Canadian journalist Tareh Fatah, known for his anti-Islam comments. But by then someone had archived the tweet and Tejasvi's response to it in 2015.

In a thread to the same tweet, responding to criticism, Surya had said that these were not his opinion but attributed to Tarek Fatah. He also said that he agrees with Fateh's position that 'Islamofascism was a threat to all civilsations'.

Surya could not be reached for a comment.

However, a source close to Surya, said, "This is a 2015 tweet where Tejasvi Surya was quoting Tarek Fatah from an interview. It is being wrongly attributed to him with malicious intent. The main issue being addressed in the interview was about the barbaric and inhuman practice of genital mutilation of women. If there's any person to comment on it, it has to be Tarek Fatah."

Tejasvi Surya had landed in a similar controversy soon after his nomination as a candidate just ahead of the 2019 Lok Sabha elections.

Surya could not be reached for a comment.

However, a source close to Surya, said, "This is a 2015 tweet where Tejasvi Surya was quoting Tarek Fatah from an interview. It is being wrongly attributed to him with malicious intent. The main issue being addressed in the interview was about the barbaric and inhuman practice of genital mutilation of women. If there's any person to comment on it, it has to be Tarek Fatah."

Tejasvi Surya had landed in a similar controversy soon after his nomination as a candidate just ahead of the 2019 Lok Sabha elections.

The Congress also stepped in to criticise Surya and the BJP, national spokesperson Sanjay Jha said in a tweet, “The BJP gives tickets to Pragya Singh Thakur and #TejasviSurya etc because it helps popularise their hardline bigoted political profile. But the chickens usually come home to roost. Today, India stands embarrassed, humiliated.”

Comments

Wellwisher
 - 
Tuesday, 21 Apr 2020

Remove him fron MP post and send to to Tihar at leat One year with One meal a day reward.  His all tails become straight life long.

DP
 - 
Tuesday, 21 Apr 2020

Unfortunately many individual's upbringing is not decent...... This guy is one of them

wellwisher
 - 
Tuesday, 21 Apr 2020

This fellow from the bottom to now educted and trained in rss organization  and in their school. And he was nomnated by the terror rss HQ only to ignite  terror and communal activity and  not form any social work or record. He was elected by WVM poeer and not by peoples choice. One or th other day EVM  secracy will be unlocked  thenall these chaddi Dhaari will be side lined and vanished by the peace loving  PATRIOT Indians.

 

 Now the present ruling party's policy and steps all are 100% jews guideline all behind the screen.

 

But truth  always  leads and Win.  

So blind bhaks must awake and divert  their mind toward TRUTH to lead a peace life in the human society.

Thejaswi or his god fathers will never  support - their group adn policy is entirely diffenetn and they never support or mingle with fellow Hindus.  All must remeber and  think about their beloved family and dependents i/o of rss chaddi.

 

Jai Hind 

 

Angry Indian
 - 
Tuesday, 21 Apr 2020

still now arab belived Hindus are good people, now one by one coming to know their evil mindset which is inside their heart...most of the hindus are nowdays communual, so all muslim must be carefull.

 

one of my hindu friend who is with me from childhood 20 years recently supported CAA and NRC and we divide, till then i never thought that he was like this, i supported him finiancially in all help...

 

INDIA is belog to muslim first then to hindus, we are the front runner of indian independence,

 

so all muslim community first support his community either in job, money, help etc...for them they have their BJP & RSS.

 

Now in saudi & UAE they annonced that any Hindutva militen who is spreading against muslim & islam sitiing in GCC must be reoported without any delay.

 

Hope marons will learn a lesson of their life. Jai hind

 

 

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News Network
April 20,2020

Bengaluru, Apr 20: Close on the heels of the Padarayanapura vandalism, Karnataka Cabinet on Monday decided to promulgate an ordinance that gives special powers to implementing authority and also provide protection to frontline health workers.

Briefing media after the Cabinet meeting here, Minister for Law J C Madhuswamy said that the ordinance will be on the lines of one promulgated by Kerala and Uttar Pradesh governments.

“Through the ordinance, a State Epidemic Act will be enacted to protect health workers and any non-cooperation will be punishable. Also, any attempt to deliberately spread the disease or float rumours will attract action,” he added.

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