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

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News Network
January 10,2020

Dubai, Jan 10: Indian expats in Dubai and the northern Emirates will now be able to get passports issued on the same day under certain conditions, including a higher fee, the Consulate here has announced.

Consul General of India in Dubai Vipul on Thursday announced that the Consulate will start issuing tatkal passports (issued in emergency cases) on the same day, the Gulf News said in a report.

Vipul made the announcement during the Pravasi Bharatiya Divas (Non Resident Indian-NRI Day) celebrations at the consulate.

He said the same day issuance service for tatkal passports can be availed only if the application is submitted before noon at the office of BLS International, the outsourced service provider for Indian passport and visa applications, in Al Khaleej Centre, Bur Dubai.

"We already issue tatkal passports in 24 hours. We are going one step beyond that. We are going to issue tatkal passport on the same day if it is applied for before 12 noon. By evening, we can issue the tatkal passport," the Consul General added.

The mission receives about 850 passport applications daily.

Last year, the consulate issued more than 200,000 passports, over 2500 emergency certificates (one-way travel document), over 2,800 police clearance certificates and provided 72,000 attestation services including registration of births and deaths, according to Vipul.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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coastaldigest.com news network
July 18,2020

Mangaluru, July 18: A man and his son have been arrested for torturing an elderly woman in Savanalu under Belthangady police station limits in Dakshina Kannada. 

The arrest came after a video clip of the duo beating the woman went viral on social media.

According to police, the duo has been identified as the woman’s son Srinivas Shetty and her grandson Pradeep Shetty.

The accused had allegedly been torturing the 70-year-old ailing woman and the video of the same has gone viral on social media.

The police have booked a suo moto case under Indian Penal Code 323, 504 and section 24 of Maintenance and Welfare of Parents and Senior Citizens Act, 2007.

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