Fri, Apr 28, 2017 | updated 05:59 AM IST

PM Modi's revolutionary step will make economy more transparent: Rajiv Pratap Rudy

Updated: Nov 09, 2016 13:01 IST      
PM Modi's revolutionary step will make economy more transparent: Rajiv Pratap Rudy

New Delhi [India], Nov. 9 (ANI): Hailing Prime Minister Narendra Modi's move to de-monitize 500 and 1000 Rupee notes in a crackdown against corruption and black money, Union minister state (independent charge) for skill development and entrepreneurship Rajiv Pratap Rudy on Wednesday stated that this step would go a long way in India's prolonged fight against terrorism as well.

"It's a known fact that we have been fighting terror and one of the main components of terror is the black money or the notes that were being printed in Pakistan or elsewhere for perpetrating terror. On the other hand it is the commitment of the government and the Prime Minister that we have to do away with black money, because this was his commitment to the people of this country when he stood for elections," Rudy told the media here.

Defending the Prime Minister from the opposition's charges that the common man was under severe pressure and inconvenience from this development, he further said that this step will bring the economy back on track and the common man will benefit from it.

"The common man will have lower prices for real estate and it will be a more transparent economy and financial system," Rudy said.

Yesterday in a surprise televised address, Prime Minister Modi said that for humanitarian reasons, for the first 72 hours, which is till midnight on 11th November, government hospitals will continue to accept five hundred and thousand rupee notes for payment.

Pharmacies in government hospitals will also accept these notes for buying medicines with doctors' prescription.

Also till midnight on 11th November, railway ticket booking counters, ticket counters of government buses and airline ticket counters at airports will accept the old notes for purchase of tickets.

Also at Petrol, diesel and CNG gas stations authorised by public sector oil companies Consumer co-operative stores authorised by State or Central Government, Milk booths authorised by State governments, Crematoria and burial grounds.

The Reserve Bank has issued new series of notes for 500 rupees and 2,000 rupees denomination with improved features and newer sizes.

The RBI said, 2,000 rupees note, which is a first under the denomination, will be called as the 'Mahatma Gandhi (New) Series' and has a design of the low-cost mission to Mars, the Mangalayan, on the reverse. It said, the base colour of the note will be magenta.

The RBI said, the new design in the 500 rupee denomination will be in a different colour, size, theme, design and location of security features, it said.

The note, will be in a stone grey colour and the predominant theme will be Delhi's Red Fort. Both the designs of 500 rupees and 2,000 rupees, will be very friendly towards the visually-impaired by having features which make it accessible for all sections. (ANI)

BJP helped Sadhvi Pragya in getting bail, alleges Cong

Updated: Apr 28, 2017 05:08 IST     

Lucknow/Mumbai (Uttar Pradesh/Maharashtra) [India], Apr 28 (ANI): Following Sadhvi Pragya Thakur's accusations of being a victim of Congress' conspiracy, the grand old party on Friday said it was the Bharatiya Janata Party (BJP) that helped the former in getting bail.

Full Story >>

'Autocrat' Kejriwal trying to rein his corporators: BJP

Updated: Apr 28, 2017 05:07 IST     

New Delhi/Bengaluru (Karnataka) [India], Apr 28 (ANI): Slamming Arvind Kejriwal over 'pledge to not ditch the pure party' instruction to his corporators, the Bharatiya Janata Party (BJP) on Friday dubbed the Delhi Chief Minister as an 'autocrat' who is trying to rein his corporators.

Full Story >>

SC's comment on Lokpal strong indictment against govt.: Cong

Updated: Apr 28, 2017 02:44 IST     

New Delhi [India], Apr 28 (ANI): The Congress Party on Friday said the Supreme Court's statement on delay in implementation of the Lokpal Act is a strong indictment against the present government, adding that the Centre is not interested in its execution.

Full Story >>

New Delhi [India], Apr 28 (ANI): Maintaining the same stand of not receiving a contempt notice from the National Green Tribunal (NGT), Art of Living (AOL) spokesperson Jaideep Nath said it is a factually incorrect statement, adding, the case should be discussed on its merits.

Full Story >>

FIR against Shilpa Shetty, Raj Kundra in cheating case

Updated: Apr 27, 2017 23:01 IST     

Mumbai (Maharashtra) [India], Apr 27 (ANI): The Maharashtra Police on Thursday registered an FIR against Bollywood actor Shilpa Shetty and her husband Raj Kundra in a cheating case in Thane's Bhiwandi Police Station.

Full Story >>

New Delhi [India], Apr 27 (ANI): People For Animals (PFA) activist Gaurav Gupta on Thursday was arrested by police in connection with assault on three cattle traders in Delhi's Kalkaji incident.

Full Story >>

Priyanka Gandhi says no link with Vadra properties

Updated: Apr 27, 2017 22:16 IST     

New Delhi [India], Apr 27 (ANI): Congress leader Priyanka Gandhi on Friday rebuffed any relation between the property she purchased in Haryana with alleged illegal acquired funds and her husband Robert Vadra's finances or Skylight Hospitality.

Full Story >>

Courageous gunner kills two Kupwara terrorists

Updated: Apr 27, 2017 21:41 IST     

Srinagar (Jammu and Kashmir) [India], April 27 (ANI): What stood out in Thursday's Kupwara was the splendid courage displayed by gunner Rishi Kumar.

Full Story >>

Problematic Eshwarappa still unhappy says B. S. Yeddyurappa

Updated: Apr 27, 2017 21:27 IST     

Bengaluru (Karnataka) [India], Apr 27 (ANI): The Karnataka's Bharatiya Janata Party (BJP) president B. S. Yeddyurappa on Thursday lashed out at senior party leader K. S. Eshwarappa for creating ruckus in the party, asserting that rebel leaders will be given an appropriate answer.

Full Story >>

Chacko, Maken reject Rahul's request to continue in posts

Updated: Apr 27, 2017 21:20 IST     

New Delhi [India], Apr 27 (ANI): Congress leader P.C. Chacko and Ajay Maken on Thursday rejected party vice-president Rahul Gandhi's request to continue as party in-charge and state unit chief respectively, sources said.

Full Story >>

Northeast Fiesta organised at LPU to boost northeast culture

Updated: Apr 27, 2017 20:55 IST     

Jalandhar (Punjab) [India], Apr 27 (ANI): The-two day Northeast Fiesta organized by the Northeast students' organizations in association with MBD Neopolis in Lovely Professional University on Thursday showcased the rich culture and traditions of north eastern states and Punjab

Full Story >>

Guwahati (Assam) [India], Apr 27 (ANI): Engulfed with lush greenery and beautiful landscape, the Assam State Zoo is home to varied species of animals, birds and reptiles that makes it one of the eco tourism destinations.

Full Story >>

New Delhi [India], April 27 (ANI): The Memorandum of Understanding (MoU) on cooperation in economic projects signed between India and Sri Lanka recently was to promote Prime Minister Narendra Modi's 'Sabka Sath Sabka Vikas' model to achieve greater economic, investment and development cooperation in a progressive manner, informed Ministry Of External Affairs official spokesperson Gopal Bagley on Thursday.

Full Story >>

New Delhi [India], Apr 27 (ANI): Union Home Minister Rajnath Singh reviewed the Prime Minister's Development Package (PMDP) for Jammu and Kashmir here today.

Full Story >>

Amritsar (Punjab) [India], Apr 27 (ANI): The Amritsar rural police on Thursday recovered fake currency worth Rs. 75 lakh and arrested six persons in this regard.

Full Story >>

Vijay Goel Interacts with Kashmiri Youth

Updated: Apr 27, 2017 20:28 IST     

New Delhi [India], Apr 27 (ANI): Union Minister of Youth Affairs and Sports Vijay Goel today interacted with youngsters from Jammu and Kashmir in a programme named "Samvad".

Full Story >>

New Delhi [India], Apr 27 (ANI): Asserting that the implementation of the Centre's Smart City Mission is certainly changing the way city governments are addressing issues of urban planning and execution, Union Urban Development Minister M.Venkaiah Naidu today said thye objective was to raise standards of livability and urban sustainability in these areas .

Full Story >>

Guwahati (Assam) [India], Apr 27 (ANI): Tasile N Zeliang would be conferred Honoris Causa (Honorary Doctorate Degree) by the Gauhati University in recognition of her unstinted and tireless efforts in the field of education, sports, writing and social works during the 26th convocation ceremony of the institution on April 28 here.

Full Story >>

New Delhi [India], Apr 27 (ANI): President Pranab Mukherjee conferred the 52nd Jnanpith Award on Professor Sankha Ghosh here today.

Full Story >>

There are militant camps in Pakistan, says NC leader

Updated: Apr 27, 2017 20:07 IST     

Srinagar (Jammu and Kashmir) [India] Apr 27 (ANI): Senior National Conference (NC) leader Mustafa Kamal on Thursday said that there are militant camps in Pakistan.

Full Story >>