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.
coastaldigest.com news network
June 8,2020

Hubballi, June 8: If everything goes as expected, the railway station in Hubballi, the commercial capital of the state and also the headquarters of South Western Railway (SWR), will have the world’s longest railway platform next year.

E Vijaya, chief public relation officer of SWR, said the work is being done as part of doubling between Hubballi and Bengaluru. 

“At present, Hubballi has five platforms, and the number will be increased to eight. Inspection carriage line is getting converted to full platform. 

Platform No. 1 will be extended from 550m to 1,400m with 10m width. At present, Gorakhpur’s 1,366m platform is the world’s longest facility,” the officer said.

She added that one more entry point is coming up at Gadag Road. “Rs 90 crore is being spent on the works related to full yard, signalling, electrical and building. 

The works, started in November 2019, will be completed in the next one year,” said Vijaya.

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
February 21,2020

Mangaluru, Feb 21: Police officials including the Mangaluru city Commissioner of Police P S Harsha would be summoned to appear before the panel conducting a magisterial probe into December 19, 2019 firing on anti-CAA protesters in the city which left two people dead.

Notices would be served on 176 police officers and staff to appear for hearing, Udupi deputy commissioner G Jagadeesha, conducting the magisterial probe into the incident said here on Thursday.

He told reporters that officials, including the city police commissioner Harsha, would be summoned to depose on the violence which led to police firing that killed two people.

Mangaluru (North) Assistant Commissioner K U Belliappa, who is the nodal officer for the police department, has given a list of 176 policemen who are ready to adduce evidence in the hearing.

The police officers would be summoned in phases.

The next hearing is on February 25.

He said so far, 203 members of the public have deposed before him on the incident.

Former city Mayor K Ashraf, who is under treatment in hospital, has also provided a written statement.

The remaining members of the public can provide evidence during next hearings, he said.

On December 19, two people were killed in police firing as protests against the Citizenship Amendment Act (CAA) turned violent here.

The protesters had attempted to besiege the Mangaluru north police station and tried to attack police personnel, following which force was used to disperse them, police had said.

Two people received bullet injuries in the firing and they later succumbed at a hospital, the police had 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
May 9,2020

New Delhi, May 9: The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have had to prolong their stay in India.

According to a Central Board of Direct Taxes (CBDT) release, Finance Minister Nirmala Sitharaman today allowed discounting of prolonged stay period in India for the purpose of determining residency status after considering various representations received from people who had to prolong their stay in India due to lockdown and suspension of international flights.

They expressed concern that they will be required to file tax returns as Indian residents and not as NRIs after 120 days of stay.

The Finance Ministry stated that the lockdown continues during the financial year 2020-21 and it is not yet clear when international flight operations would resume, a circular excluding the period of stay of these individuals up to the date of resumption of international flight operations shall be issued for determination of the residential status for the financial year 2020-21.

A circular also said that in order to avoid genuine hardship in such cases, the CBDT has decided that for the purposes of determining the residential status under section 6 of the Act during the previous year 2019-20 in respect of an individual who has come to India on a visit before March 22, 2020 and:

(a) has been unable to leave India on or before March 31, 2020, his period of stay in India from March 22, 2020 to March 31, 2020 shall not be taken into account; or

(b) has been quarantined in India on account of novel coronavirus (Covid-19) on or after March 1, 2020 and has departed on an evacuation flight on or before March 31, 2020 or has been unable to leave India on or before March 31, 2020, his period of stay from the beginning of his quarantine to his date of departure or March 31, 2020, as the case may be, shall not be taken into account; or

(c) has departed on an evacuation flight on or before March 31, 2020, his period of stay in India from March 22, 2020 to his date of departure shall not be taken into account."

The release said there are number of individuals who had come on a visit to India during the previous year 2019-20 for a particular duration and intended to leave India before the end of the previous year for maintaining their status as non-resident or not ordinary resident in India.

"However, due to declaration of the lockdown and suspension of international flights owing to outbreak of COVID-19, they are required to prolong their stay in India. The status of an individual whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year," it 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.