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Post 50-day deadline, ‘cashless’ focus must stay : BJP

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Panaji, 8 Dec 2016 : Even after the 50-day deadline of Prime Minister Narendra Modi to end post-demonetisation hardships, the BJP would not like to revert to the pre-November 8 times of ‘cash transactions’, said a party spokesperson on Thursday.

The government is in favour of moving towards an economy where ‘cashless transactions’ outweigh the ‘cash transactions’, BJP National Spokesperson G.V.L. Narasimha Rao told a press conference at the party’s state headquarters here.

Talking of his party’s tough stance against black money, Rao said action against black money is being taken by the central government on multiple fronts, including cash, gold, landed property and foreign assets.

Several legislations, like the Black Money Act and the Benami Transactions (Prohibition) Act would be used to curb black money and corruption, he said.

“Unless we move towards a less-cash economy, from January 1 (2017), things will be back to the usual. We don’t want to return to that business-as-usual scenario of pre-November 8 days,” he stressed.

India’s cash-to-GDP ratio is 14 per cent, which is considered very high, he said, adding that in major economies it is not more than four per cent.

The BJP leader also said that a completely cashless economy is not a practical idea.

“There is no economy which is completely cashless. It is not practical.

“But that doesn’t mean that after December, all the cash will be back for us to do cash transactions,” he said and urged the general public to opt for cashless transactions over using cash.

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PDP chief Mehbooba Mufti released from detention after 14 months

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Jammu, 13 Oct : Former Jammu and Kashmir chief minister and Peoples Democratic Party (PDP) leader Mehbooba Mufti was on Tuesday released from detention. “PDP chief Mehbooba Mufti is being released from detention,” said Jammu and Kashmir administration spokesperson Rohit Kansal.

A government order issued on Tuesday night said her detention was being revoked with immediate effect.

The Jammu and Kashmir administration in July had extended her detention by three months under the stringent Public Safety Act (PSA).

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Cinemas, theatres, multiplexes to open with up to 50% seating capacity from Oct 15

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Swimming pools for training of sportspersons to open with SOP from Oct 15

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SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

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Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

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