Soldier On
Stepping up its efforts to augment currency notes supplies to bring relief to cash-starved citizens of the country, PM Narendra Modi government has decided to take the help of Indian Air Force (IAF) to transport the newly-minted cash to the banks, according to a report. Indications were there as the Finance Ministry today said there … Read more
While both Finance Minister Arun Jaitley and the Reserve Bank of India have been at pains to emphasise that there is “sufficient stock” in the 4,400-odd currency chests located all over the country, officials of a key currency printer, the Security Printing & Minting Corporation of India (SPMCIL), admit the launch date for the new … Read more
Prime Minister Narendra Modi on Tuesday, in an unexpected address to the nation, said that the country was doing away with Rs 500 and Rs 1,000 notes in an effort to weed out corruption, black money and in turn poverty and terrorism. Modi said that the government believes the time has come to “take a … Read more