“Centre had the power to demonetise all series of a banknote and the Nov. 8, 2016 note ban decision can’t be said to be unreasonable nor was it hit by the doctrine of proportionality.” New Delhi: The Supreme Court (SC) this morning backed Prime Minister Narendra Modi’s 2016 note ban (demonetisation) decision in a majority…
In last two months, the Temple has received Rs. 1,98,47,290 cash, 77 grams of gold, 5.7 kg silver and 16 foreign currency Mysore/Mysuru: Prime Minister Narendra Modi banned the currencies Rs. 500 and Rs.1,000 denomination four years ago. But these ‘out of circulation’ notes are still being dropped into temple ‘Hundi’ (offering box) with hopes…
Mysuru: Real Estate in Mysuru Region is yet to recover from demonetisation. According to District Registrar, number of properties, including houses, sites and land registered in the district is below two lakh. The Real Estate market has remained sluggish in the last 24 months and reaching target of Rs.400 crore may not be possible to…
Mysuru: Accusing that the Union Government led by Prime Minister Narendra Modi failed to take any action to lessen the miseries of the common people post demonetisation, members of District Congress Unit staged protest near Gandhi Square in city yesterday. They protesters, led by senior Congress leader and former Chairman of State Legislative Council Prof….
Mysuru: Senior journalist P. Sainath alleged that demonetisation had badly hit migrant workers who used to send money home every week. He was speaking during the inaugural session of the two-day National Seminar on ‘Migration,’ organised as part of Bahuroopi Theatre Festival, at Rangayana premises here yesterday. He added that farmers who relied on their…
Mysuru: The new Rs.2,000 and Rs.500 currency notes that was introduced after the Central Government introduced demonetisation more than a year ago, is in short supply in banks. When people go to draw a huge sums from the banks, instead of Rs.2,000 and Rs.500, mostly Rs.100 and lesser denomination notes are being given. The only…
By T.J.S George It is difficult to imagine that a full year has passed since 1,000-rupee notes disappeared from our world. Champions and critics marked the occasion by bitterly attacking one another. The champions were high-pitched as they celebrated the anniversary and boasted about three lakh fake companies that were closed down and the detection…
Mysuru: It is exactly a year ago since Prime Minister Narendra Modi sprang demonetisation surprise on the country. Even after a year, the opinion is divided over whether it was a good move or a bad one. Even as the Opposition decided to observe Nov. 8 as ‘Black Day’, the ruling BJP is going all…
By Bhamy V. Shenoy Modi stunned the world a year back on the night of November 8th, by scrapping Rs. 500 and Rs. 1,000 notes. The stated goals of DeMo was to fight corruption by unearthing black money, detect counterfeit currencies, reduce terrorism by cutting off their funding. On this Anniversary Day, we need to…
Says radical thinker Anil Bokil, who is famous as ‘Demonetisation Man’ It is a little over seven months now since Prime Minister Narendra Modi took a bold step to demonetise Rs. 1000 and Rs. 500 currency notes. The sudden move by the PM was also called ‘Surgical Strike.’ But the jury is still out on…
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