BJP, after Narendra Modi's demonetisation move, ahead of Gujarat elections next year, swept local bodies elections by capturing 107 seats out of 123 seats.
The new Rs 500 note took its own time to come. But come it did, at long last, though to make only a cameo appearance in some cities, reminding us how ephemeral life itself is. It appears, disappears, appears again and disappears again with a swiftness that would have put renowned illusionist Houdini out of business.
With the kind of rumours floating around on social media on demonetisation, people are feeling very anxious and in some cases, there are turning even paranoid. In many cases, worried families are bringing their aggrieved members to psychiatrists for crisis intervention.
Arvind Kejriwal on Saturday claimed that "Sanjeev Kamboj, head BJP Legal Cell Punjab tweeted the picture of Rs 2000 notes on 6 November." Speaking to Firstpost Kamboj rubbished the claims made by the Delhi CM and said, “I had only written that new notes would soon be introduced. But nowhere I had mentioned banning of the old notes.”
Reiterating that there will be no inquiry on people depositing up to Rs 2.5 lakh, Shah said that the law abiding common man had nothing to fear.
The elderly woman ragpicker, who chanced upon the 1000 Rs notes in a plastic bag, immediately alerted her supervisor who-in-turn informed the police.
The fight against the menace of black money is far more complex, and requires more concrete and stronger measures by the government
Hurried donations made to nearly 100 temples and trusts and sudden spurt in cash reserves in nearly 1,000 cooperative banks and credit societies in Maharashtra after Centre's decision to scrap Rs 500 and Rs 1,000 notes have come under government's scanner, a senior state minister said on Thursday.
The Centre on Thursday filed a caveat in the Supreme Court that it be heard if the court entertains any petition on demonetisation of Rs 1,000 and Rs 500 notes even as the apex court indicated that it may hear on 15 November a plea challenging the government decision.
The plea has sought either quashing of the notification or a direction to the Centre for granting reasonable time to citizens for exchanging the old notes
The government of India has just created a 50-day hawala window for those with black money – albeit in a loose sense. Modi fans describe it as a "surgical strike." Less than 48 hours after the announcement, it seems the scheme, like the strike, is controversial for its timing, manner and style.
All ATMs will remain shut on Wednesday and Thursday as banks replace the now declared invalid Rs 500 and Rs 1,000 notes with new currency papers.