Mon, Apr 24, 2017 | updated 01:01 PM IST

Demonetisation may lead to temporary slowdown of economy: Prez Mukherjee

Updated: Jan 05, 2017 19:01 IST      
Demonetisation may lead to temporary slowdown of economy: Prez Mukherjee

New Delhi [India], Jan. 5 (ANI): President Pranab Mukherjee on Thursday said the demonetization move, while immobilizing black money and fighting corruption, may lead to temporary slowdown of the economy.

The President was delivering the New Year message to the Governors and Lt. Governors of states and Union Territories through video conferencing from the Rashtrapati Bhavan.

President Mukherjee said that the government has to be extra careful to alleviate the suffering of the poor which might become unavoidable for the expected progress in the long term.

"While I appreciate the thrust on transition from entitlement approach to an entrepreneurial one for poverty alleviation, I am not too sure that the poor can wait that long," he said.

President Mukherjee said the poor needs help, so that they can also participate actively in the national march towards a future devoid of hunger, unemployment and exploitation.

He added that the recent package announced by the Prime Minister will also provide some relief.

The president said the conduct of free and fair elections has made our democracy one of the most vibrant in the world.

He said that elections reflect the attitudes, values and beliefs of people towards their political environment and they symbolize people's sovereignty and provide legitimacy to government's authority.

The president told the Governors and Lt. Governors that they can play an important role in easing tensions in the society through their interaction and wise counsel.

Citing a Pt. Jawaharlal Nehru quote," It is a country held together by strong but invisible threads", President Mukherjee said that India's strength lies in her diversity and the multiplicities in culture, faith and language is what makes India special.

President Mukherjee told the Governors and Lt. Governors that they have a very important role to play in the improvement of higher education in their states.

He told them that being chancellors and visitors to various universities, they can work with the academic leaders to effect holistic changes for quality up-gradation in the institutions of higher learning.

"I express my deep appreciation to you all for coming together on this platform for our interaction," he said. (ANI)

New Delhi [India], Apr 24 (ANI): An application was filed on behalf of Himachal Pradesh Chief Minister Virbhadra Singh's wife Pratibha Singh alleging that the Central Bureau of Investigation (CBI) didn't follow proper procedure while filing the chargesheet in connection with the disproportionate assets case the former is involved with.

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New Delhi [India], Apr. 24 (ANI): Jammu and Kashmir Chief Minister Mehbooba Mufti today demanded that the ruling dispensation at the Centre must follow the footsteps of former prime minister Atal Bihari Vajpayee and reach out to the disillusioned and angry youth so as to restore a peaceful atmosphere for governance.

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Panaji (Goa) [India], April 24 (ANI): The Panaji District and Sessions Court on Monday granted ex-parte interim bail to former Goa chief minister Digambar Kamat in connection with the 2013 mining scam case.

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New Delhi [India], Apr. 24 (ANI): Jammu and Kashmir Chief Minister Mehbooba Mufti, who met Prime Minister Narendra Modi at his official 7, Lok Kalyan Marg residence here today amid a deteriorating law and order situation in the state, stated it is important to hold talks at the earliest and restore a peaceful atmosphere.

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SC reinstates Kerala DGP T.P. Senkumar

Updated: Apr 24, 2017 11:47 IST

New Delhi [India], Apr 24 (ANI): The Supreme Court on Monday directed the reinstatement of former Director General of Police (DGP) T.P. Senkumar after noting he was removed from the post "arbitrarily".

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New Delhi [India], April 24 (ANI): With numerous incidents of triple talaq coming to the fore, All India Muslim Women's Personal Law Board (AIMWPLB) president Shaishta Amber on Monday advocated that justice will not be meted out until a law is made in this regard.

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Lucknow (Uttar Pradesh) [India], Apr 24 (ANI): Uttar Pradesh is all set to get four new police stations.

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Mumbai [India], Apr 24 (ANI): Following reports of a track fracture between the Vashi and the Mankhurd stations, local train services in Mumbai were affected on Monday.

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BJP will meet Congress' fate soon: Shiv Sena

Updated: Apr 24, 2017 09:50 IST

Mumbai [India], Apr 24 (ANI): The Shiv Sena on Monday took a jibe at its ally the Bharatiya Janata Party (BJP) and said its saffron partner in its incumbent times was enjoying the same political status as Congress used to do in its glorious time and hence, will meet a similar fate soon.

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Chennai (Tamil Nadu) [India], Apr 24 (ANI): A security guard at late Tamil Nadu chief minister J. Jayalalithaa's Kodanad estate was killed on late Sunday night by unidentified men.

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Hyderabad [India], Apr 24 (ANI): Amid the raging debate over 'Triple Talaq' and the rights of Muslim women, another case of the age-old practice has emerged in the by-lanes of Hyderabad.

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Lucknow (Uttar Pradesh) [India], Apr 24 (ANI): A crucial Rashtriya Swayamsevak Sangh (RSS)-Bharatiya Janata Party (BJP)-Uttar Pradesh Government coordination meeting will take place here today.

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New Delhi [India], Apr. 24 (ANI): In the wake of the current turbulent atmosphere in the Valley, Jammu and Kashmir Chief Minister Mehbooba Mufti will call on Prime Minister Narendra Modi today to discuss the situation and possibly formulate a solution.

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Bengaluru/Lucknow, [India], Apr 24 (ANI): Hailing Prime Minister Narendra Modi's Niti Aayog meeting, the Bharatiya Janata Party (BJP) on Monday said that all political parties should work for the welfare of the people without politicising developmental endeavors.

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New Delhi, [India], Apr 24 (ANI): The Supreme Court will today hear the plea seeking a direction for filling up the vacancies in the police forces in six states.

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New Delhi, [India], Apr 24 (ANI): The Supreme Court will today hear the plea filed by former Additional Solicitor General (ASG) and senior counsel Indira Jaising in connection with the designation of senior lawyers.

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New Delhi, [India], Apr 24 (ANI): Former Border Security Force (BSF) jawan Tej Bahadur Yadav, who was dismissed from the BSF over his viral video of poor food quality for jawans, is likely to appeal against his dismissal from service in a Delhi court today.

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New Delhi, [India], Apr 24 (ANI): A Delhi court on Monday is likely to pronounce its order in a fake passport case allegedly involving noted gangster Chhota Rajan and three others.

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New Delhi, [India], Apr 24 (ANI): A Delhi Court on Monday, is likely to take cognizance of the charge sheet filed against Himachal Pradesh Chief Minister Virbhadra Singh in a Disproportionate Assets (DA) case.

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BJP condemns Amroha triple talaq shocker

Updated: Apr 24, 2017 06:26 IST

Mumbai/Lucknow, [India], Apr 24 (ANI): The Bharatiya Janata Party (BJP) on Sunday condemned the 'Amroha triple talaq', saying it is high time to abolish the Islamic practice to dissolve marriage which was destroying Muslim women's life.

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