Tag: demonetisation

Demonetisation hits migrant workers: P. Sainath
News

Demonetisation hits migrant workers: P. Sainath

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…

Banks, customers face shortage of Rs.500, Rs.2,000 notes
News

Banks, customers face shortage of Rs.500, Rs.2,000 notes

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…

DeMo, GST, etc: How to create a mess, then make it messier; Now, link your Aadhaar number to your sambar-vada
Columns, Point of View

DeMo, GST, etc: How to create a mess, then make it messier; Now, link your Aadhaar number to your sambar-vada

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…

Demonetisation: ‘Black Day’ observed
News

Demonetisation: ‘Black Day’ observed

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…

Demonetisation balances economy, says Anil Bokil
News

Demonetisation balances economy, says Anil Bokil

Mysuru: “Instead of demonetisation, the Narendra Modi Government was suggested e-monetisation that will lead to digital transformation where cash will flow into the system,” said Anil Bokil, Founder of ArthaKranti Pratishthan, the Pune-based think-tank. Bokil has been working for and propagating cashless transactions for the past 20 years and had met Narendra Modi when he…

Rummaging rubbish unsung, unhonoured
Editorial

Rummaging rubbish unsung, unhonoured

Thanks to the dramatic move on demonetising currency of face value at  Rs. 500 and Rs. 1,000 (November 8, 2016) causing unprecedented and unanticipated turmoil all over the country, Mysureans also getting a taste of cash-crunch, many hot topics such as pig menace, straying dogs, wandering cattle on the streets of the city and so…

Cash crunch hits city: ATMs go dry
News

Cash crunch hits city: ATMs go dry

Mysuru: Demonetisation blues seems to have returned to haunt the residents of Mysuru as most ATMs have gone cashless since a few days due to severe cash crunch, making people to run from one ATM to another to get cash but in vain.  Security guards of most of  the ATMs in city had hung ‘No…

Awareness programme on cashless transaction held
News

Awareness programme on cashless transaction held

Digital banking has picked up in rural areas after demonetisation, says Lead Bank Manager Mysuru – The Mysuru District Administration and Lead Bank, Mysuru, had organised an awareness programme on cashless transaction at Zilla Panchayat auditorium here yesterday to promote digital money and cashless transactions. The authorities said that cashless transactions were picking up in…

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