Note ban: Kerala shuts down, protests held across India

November 28, 2016

Bengaluru, Nov 28: Normal life was hit in Kerala on Monday as the ruling CPI-M led LDF sponsored 12-hour strike against demonetisation evoked a near total response. Shops and business establishments downed shutters and state-run KSRTC and private buses kept off the roads across the state in response to the strike which began at 6 AM.CPI-M

The Left Democratic Front took out marches at various places with state CPI-M Secretary Kodiyeri Balakrishnan here attacking the Centre for causing 'hardship' to the people in the name of its crackdown on blackmoney.

The Opposition Congress-led UDF, which did not participate in the hartal, took out a march to the Raj Bhavan instead to register its protest against the Centre's decision to scrap high value notes and consequent crisis in the state's cooperative sector. The UDF protesters were arrested, police said.

Banks functioned with reduced staff strength, while attendance in the state Secretariat and various government offices was thin, reports received here said. Two wheelers and private cars were seen plying, while autorickshaws too kept off the roads at most places.

With the Sabarimala pilgrim season on, Ranni, Chittar, Seethathode panchayats in Pathanamthitta district and Erumeli panchayat in Kottayam district have been exempted from the strike as also Tripunithura and Chottanikkara in Ernakulam where local temple festivities are on. Tourist vehicles have also been exempted from the hartal. Police vehicles helped in transporting railway passengers and patients coming from far off places to the Regional Cancer Centre here.

Karnataka

Joining the nation-wide 'Jan Aakrosh Diwas' against demonetisation of high value currency, ruling Congress in Karnataka held protests and rallies throughout the state against the Narendra Modi government's action. The protest affected the functioning of both the Houses of Karnataka Legislature, now in a 10-day winter session at Belagavi, as they did not sit today in line with the decision taken by the Business Advisory Committee (BAC).

BAC had decided to suspend the sitting amid opposition by BJP, which walked out of the meeting on Friday. Life in Bengaluru and elsewhere remained normal with commercial establishments, educational institutions, banks and private offices working as usual and public transport and Metro maintaining their regular services.

Official reports said barring protests by Congress, the situation in the entire state, including the districts of Mysuru, Gadag, Haveri, Belagavi, Kalaburgi, Chamrajanagar, Dharwad, Uttara Kannada and Kolar, was normal. In Bengaluru, Congress staged a demonstration in front of Town Hall near City Market at the nucleus of the city, where State Working President R Gundu Rao, a few legislators and local leaders took part.

Andhra Pradesh

Opposition parties organised widespread protests across Andhra Pradesh against the Centre's demonetisation move but no bandh as such was observed in the state even as leaders of CPI and YSRC were detained at some places following demonstrations. Congress's state unit president N Raghuveera Reddy led his party workers in a protest rally from Andhra Ratna Bhavan to Lenin Centre.

"We are not against the scrapping of Rs 500 and Rs 1000 notes but why did the government introduce Rs 2000 note," Raghuveera said. He said the common man was put to untold misery because of the "abrupt" decision of the Centre to ban the high denomination notes. CPI state secretary K Ramakrishna and others were taken into custody at the Lenin Centre where they staged a protest on the demonetisation issue.

In Tirupati, YSR Congress leader Bhumana Karunakar Reddy and others were taken into custody. In Guntur city too YSRC leaders, led by West MLA Mustafa, were detained by police following a protest rally. YSRC leaders and workers were also taken into custody in many other districts of the state where protests were held. Left-affiliated trade unions organised dharnas in front of many bus depots of AP State Road Transport Corporation in the state.

Bihar

The nationwide strike call against demonetisation evoked mixed reaction in Bihar where workers of RJD, Congress and Left parties disrupted train services at many places but offices and schools registered normal attendance.

The protest had its echo in both Houses of the Bihar legislature where legislators of Congress, RJD and CPI-ML raised slogans against scrapping of Rs 1,000 and Rs 500 notes.

BJP legislators countered them by raising slogans against them and in favour of demonetisation.

JD(U), a member of the ruling alliance, kept away from the stir in view of Chief Minister Nitish Kumar's consistent support to demonetisation of high value notes to fight black money in the economy.

Congress, RJD and CPI-ML took out a protest march on the streets of Patna and stalled traffic movement at some places.

Road traffic was, however, normal and attendance in offices, banks and schools and colleges remained by and large unaffected.

Train services were hit at Darbangha, Madhubani, Masauri in rural Patna, Ara, Jehanabad and other places. Chief Public Relations Officer (CPRO) of East Central Railway Arvind Kumar Rajak said running of more than a dozen trains was disrupted in different parts of Bihar due to the stir.

In Darbhanga, Ara, Masaurhi and Madhubani, CPI workers squatted on railway tracks.Outside Bihar Legislative Assembly and Legislative Council, bandh supporters from RJD, Congress and CPI-ML, holding placards in their hands, shouted slogans at the entrance gate.

Haryana and Punjab

Opposition parties including Congress today staged a protest against the government over demonetisation issue at many places in Haryana and Punjab as part of the 'Jan Aakrosh Divas' observed across the country, even as normal life remained unaffected. Raising slogans, they demanded steps to ease the problems being faced by the people due to the demonetisation drive.

In Hisar, a large number of Congress activists took out a procession. They gathered outside Nagori Gate and later marched out in various bazaars (marketplaces). Jaipal Lali, Vice President of Haryana Pradesh Congress Committee and other party leaders alleged that "demonetisation is a political move which is being sold as a fight against corruption".

'Jan Aakrosh Divas' rally was also addressed by various other Congress leaders who claimed that economic activities have come to a standstill since the scheme was announced.

Haryana's main opposition Indian National Lokdal (INLD) today submitted a memorandum to district administration in Hisar, with the party claiming that Rs 500 and Rs 1000 notes "were scrapped to cover up the government's "failure" to deliver on Prime Minister's promise of bringing back black money." In Fatehgarh Sahib, most of business and educational institutes remained open as usual.

In Punjab's main industrial town Ludhiana, shops, factories, local and other means of transport functioned normal. However, a protest rally was taken out at clock tower chowk by the Congress. A group of Congress workers raised slogans against the Narendra Modi government.

Surinder Dawar, MLA and Gurpreet Gogi, President Ludhiana District Congress committee addressed the protesters. In Ropar district of Punjab, the Congress and the Left parties today took out separate protest march. The District Bar Association members also abstained from work.

The Congress march was led by Ropar DCC president Vijay Kumar Tinku and Charan Singh-- Secretary of CPI led the protest march of his party. All business establishments remained open.

Comments

Ansari
 - 
Monday, 28 Nov 2016

DemonEtization is a scam . TO EVADE hIGH PROFILE tAX EATERS .....Who helped MODI to win election....its time to repay....but at the cost of common Man's life ?

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.
coastaldigest.com news network
February 5,2020

Tumakuru, Feb 5: Former Lokayukta Justice N Santhosh Hegde has questioned the integrity of the B S Yediyurappa led BJP government as it has not taken an action to abolish the Anti Corruption Bureau (ACB) to re-establish the Lokayukta in Karnataka.

Speaking after felicitating the retired scientist of NASA Gopal Iyengar at the Karnataka Public School at Kadaba in Gubbi taluk he reminded that the BJP had promised to establish the Lokayukta.

"No party will like to strengthen the Lokayukta and now BSY is also tightlipped and even put an end by appreciating that ACB has been doing a good job", he regretted.

In fact, the Lokayakuta had the power to prosecute even the top brass of officials and now the ACB cannot without the government's permission, he clarified.

He denied any remarks on the CAA and NRC but observed that the youths of the country have been misguided by the politicians as they lost their focus on education by involving in protest rallies.

"I suggest they to straight away take a political plunge instead of getting misused at the hands of the politicians with selfish motives", he said.

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 22,2020

Mangaluru, Mar 22: A 22-year-old man from Bhatkal who had returned from Dubai on March 19 has tested positive for coronavirus.

Sindhu B Rupesh, Deputy Commissioner of Dakshina Kannada confrimed this today.

The youth, after landing at Mangaluru International Airport had got admitted to Govt Wenlock Hospital.

The total number of coronavirus positive patients in India rose to 342 on Sunday, as per the Indian Council of Medical Research (ICMR).

A total of 16,999 samples from 16,109 individuals have been tested for COVID-19 as of 10:00 am on March 22, as per ICMR data.

India reported two deaths today from the highly contagious virus - one each in Maharashtra and Bihar - taking the tally to six, as per state authorities.

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
April 21,2020

Global oil markets remained under intense pressure on Tuesday, with Brent crude dropping below $20 per barrel for the first time in 18 years while other major benchmarks across the world tumbled. 

Brent, the international crude marker, slipped to $18.10, indicating that markets see no immediate let-up to the collapse in oil demand that sent some US oil benchmarks plunging under $0 for the first time on Monday, leaving producers paying for buyers to take their oil away while available storage is scarce.

Coronavirus has sent the oil sector into a state of crisis, with lockdowns implemented by authorities to smother the outbreak slashing demand for crude by as much as a third.

Contracts for the US benchmark West Texas Intermediate for delivery next month tumbled as low as minus $40 a barrel on Monday. Analysts at Citi warned that “if global storage worsens more quickly, Brent could chase WTI down to the bottom”.

The collapse in the May WTI contract was partly a technical product of the fact that it expires on Tuesday, meaning trading volumes were low and making the contract for June delivery more noteworthy, analysts said. That contract held above $20 a barrel on Monday but slid as much as 42 per cent on Tuesday to trade at lows of $11.79, suggesting the blowout in the May contract was more than a blip and that the entire global oil market faced challenges.

Goldman Sachs analysts said the June contact was likely to face downward pressure in the coming weeks, pointing to the “still unresolved market surplus”.

“As storage becomes saturated, price volatility will remain exceptionally high in coming weeks,” they said. “But with ultimately a finite amount of storage left to fill, production will soon need to fall sizeably to bring the market into balance, finally setting the stage for higher prices once demand gradually recovers.”

Warren Patterson, head of commodities strategy at ING, said it was likely that “storage this time next month will be even more of an issue, given the surplus environment”.

“And so in the absence of a meaningful demand recovery, negative prices could return for June,” he added.

European equities traded lower, partly dragged down by weaker energy stocks. The continent-wide Stoxx 600 was down 1.9 per cent, with its oil and gas sub-index dropping 3.3 per cent. In London the FTSE shed 1.7 per cent, while Frankfurt’s Dax slid 2.3 per cent. 

Equities were also broadly lower in Asia, with futures tipping US stocks to fall 1 per cent when trading in New York begins later.

On Wall Street overnight, the S&P 500 closed down 1.8 per cent, partly because of weakness in energy shares, but also due to increased pessimism over the time it will take for countries to emerge from lockdowns.

In fixed income, the yield on the 10-year US Treasury fell 0.03 percentage points to 0.585 per cent as investors retreated to the safety of the debt.

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.