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New Rs 50, Rs 100, Rs 1,000 notes soon : Government

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New Delhi, 10 Nov 2016 : After demonetisation of Rs 500 and Rs 1,000 banknotes, the government on Thursday said new Rs 50 and Rs 100 notes, having new design and security features, will soon be issued without withdrawing the existing ones.

“Design of Rs 50 and Rs 100 notes will also be changed. These notes with new design features will be slowly infused (into the system),” Economic Affairs Secretary Shaktikanta Das told reporters at the two-day Economic Editors’ Conference that started here on Thursday.

“The existing Rs 50 and Rs 100 notes will continue to be legal tender,” he added.

Das said new Rs 1,000 denomination notes having new design and security features will also be issued soon.The government demonetised Rs 500 and Rs 1,000 notes from November 8 midnight. New notes of Rs 500 and Rs 2,000 denomination are being issued starting Thursday in banks and post offices. No new Rs 1,000 notes are being issued immediately. Lakhs of anxious people made a beeline to banks and post offices on Thursday to exchange their old Rs 500 and Rs 1,000 notes.

Thousands queued up hours before the banks and post offices opened across cities carrying the notes and identity documents. Most private and public sector bank branches were seen jam-packed with customers. All banks have been directed to work for 12 hours on Thursday, Friday, Saturday and Sunday to clear the rush of desperate customers for exchange transactions and, if required, remain open even next Sunday (November 20).

Even ordinary activities of trade and commerce, grocery shops, saloons, multiplexes, malls and others came to a standstill on Wednesday in the near-total absence of customers as they ran short of lower denomination currency notes.

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Delhi court convicts 19 persons in Bihar’s Muzaffarpur shelter home case

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New Delhi, 20 Jan : The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar’s Muzaffarpur district.

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Violence in JNU, masked goons attack students, teachers

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New Delhi, 5 Jan : Violence swept the Jawaharlal Nehru University on Sunday as several masked individuals, both male and female, thrashed students, including girls, and teachers inside the varsity campus with wooden and metal rods.

Shah takes stock of situation, orders probe

Union Home Minister Amit Shah on Sunday ordered the Delhi Police to take all necessary action to control the situation in the Jawaharlal Nehru University where widespread violence in the evening left many students, including girls, and teachers injured.

Priyanka Gandhi reaches AIIMS to meet injured JNU students

Congress General Secretary Priyanka Gandhi Vadra on Sunday reached All India Institute of Medical Sciences (AIIMS) to meet the students who were injured during the clash between the two groups inside the Jawaharlal Nehru University (JNU).

Fascists in control of our nation: Rahul

Congress leader Rahul Gandhi attacked the Central government over the violence that erupted in the Jawaharlal Nehru University (JNU) campus on Sunday.

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