• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, May 27, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Par panel members split over demonetisation

Press Trust of india by Press Trust of india
March 22, 2018
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi, Mar 21 :Political faultlines have split a parliamentary committee looking into demonetisation, with more than half of its members belonging to the ruling BJP and its allies moving a dissenting note terming as “politically motivated” the draft report of the panel headed by Congress leader M Veerappa Moily.

Sources said as many as 16 members belonging to BJP and allies in the Standing Committee on Finance have reservations over the tone and tenor of the draft report.

More News

Quad unveils energy, critical minerals and maritime surveillance initiatives

India, US sign landmark pact to secure critical minerals supply chain amid China concerns

Sitharaman defends PM’s austerity call; hits out at critics for peddling pessimism

Load More

The committee has 31 members, including Chairman Moily.

Sources said a meeting of the panel was called on March 19 to adopt the report so that it could be tabled in the ongoing Budget Session of Parliament.

However, 10 BJP members and 6 belonging to allied parties objected to the content of the draft, which among other things described the move of scrapping of old Rs 500 and Rs 1,000 notes by the government in November 2016 as ill-conceived.

The draft also criticises frequent changes in rules and regulations regarding implementation of demonetisation.

The draft was not adopted, sources said.

Sources said as the number of dissenting members exceeds 50 per cent, there could be difficulties in accepting the draft report.

The dissent note, signed by several BJP members, has described demonetisation as the “mother of all reforms”, which helped in reducing corruption, checking blackmoney and terror funding, among others.

Previous Post

Hindu lawmaker’s oath: Pak court asks KP Assmebly speaker, govt to file reply by Apr 5

Next Post

Absconding police officer arrested in Pak

Press Trust of india

Press Trust of india

Related Posts

Quad unveils energy, critical minerals and maritime surveillance initiatives

Quad unveils energy, critical minerals and maritime surveillance initiatives
May 26, 2026

New Delhi: Seeking to inject fresh momentum into the grouping, the Quad on Tuesday announced energy security and critical minerals...

Read moreDetails

India, US sign landmark pact to secure critical minerals supply chain amid China concerns

Defence deals boost India-US ties, new era in relations, say experts
May 26, 2026

New Delhi: India and the US on Tuesday firmed up a key framework for cooperation in ensuring steady supplies of...

Read moreDetails

Sitharaman defends PM’s austerity call; hits out at critics for peddling pessimism

India loves celebrating and recognising its diversity: Finance Minister Sitharaman
May 25, 2026

Mumbai: Union Finance Minister Nirmala Sitharaman on Monday defended Prime Minister Narendra Modi's austerity call, stressing the need to focus...

Read moreDetails

TMC criticises Centre for petrol, diesel price hike, demands rollback of state-imposed taxes

Let’s not slip again
May 25, 2026

Kolkata: The TMC on Monday criticised the Centre over the hike in petrol and diesel prices, alleging that it would...

Read moreDetails

‘Beneficial and Sustainable’: Rubio signals imminent US-India trade agreement

Defence deals boost India-US ties, new era in relations, say experts
May 24, 2026

New Delhi:  India and the US are poised to soon firm up the much-awaited trade agreement that will be both...

Read moreDetails

Pradhan, Sitharaman discuss CBSE payment gateway overhaul; 4 PSU banks to assist

Busting Exam Stress: Balancing Physical Health and Mental Well-being of Students
May 24, 2026

New Delhi:  Union Education Minister Dharmendra Pradhan on Sunday spoke to Union Finance Minister Nirmala Sitharaman and sought her ministry's...

Read moreDetails
Next Post

Absconding police officer arrested in Pak

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.