• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, February 28, 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

Industry must invest, innovate; take advantage of Budget announcements: Modi

India’s GDP to grow 7.6% in FY26 after revamp of calculation framework

Climate action an opportunity; AI can help streamline development spending: World Bank

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

Industry must invest, innovate; take advantage of Budget announcements: Modi

Take part in ‘Your Money, Your Right’ movement: PM Modi
February 27, 2026

New Delhi:  Prime Minister Narendra Modi on Friday asked the industry to come forward with investment and innovation, and exhorted...

Read moreDetails

India’s GDP to grow 7.6% in FY26 after revamp of calculation framework

GDP growth slows to 2-year low of 5.4% in Q2 on poor show by manufacturing, weak consumption
February 27, 2026

New Delhi:  India's economic growth estimate was raised to 7.6 per cent for the current fiscal on Friday following a...

Read moreDetails

Climate action an opportunity; AI can help streamline development spending: World Bank

Deepfake is a big challenge in the era of Artificial Intelligence
February 27, 2026

New Delhi:  Artificial intelligence presents a major opportunity to make development spending more efficient and job-oriented, a senior World Bank...

Read moreDetails

India & Israel elevate ties to special strategic partnership, vow to soon conclude free trade deal

PM Modi receives red carpet welcome as he begins 2-day visit to Israel
February 26, 2026

Jerusalem:  India and Israel on Thursday elevated their "time-tested" relationship to a special strategic partnership and agreed to soon firm...

Read moreDetails

SC notice to Centre, EC on plea to cap party expenditure in polls

SC says will consider listing of pleas challenging abrogation of Article 370
February 26, 2026

New Delhi: The Supreme Court on Thursday sought responses from the Centre and the Election Commission on a plea seeking...

Read moreDetails

DGCA revises air ticket refund norms; no addl charges for changes within 48 hrs of booking

February 26, 2026

New Delhi:  Passengers can now cancel or change air tickets without paying additional charge within 48 hours of making the...

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.