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In the wake of demonetisation of Rs 500 and Rs 1,000 Currency notes, Government directs Banks to expand Banking Facility in Remote Areas

It is a historical step and it will break the bones of the terrorist organisations and the people who are funding behind the cartel

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Indian Currency, Pixabay
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Shillong, November 10, 2016: Minister of State for Home Affairs Kiren Rijiju on Thursday said the government has directed banks to expand their facilities in the remote areas to ensure that people have easy access to the financial system in the wake of demonetisation of Rs 500 and Rs 1,000 currency notes.

“We (government) have already asked all the bank branches to ensure that they should go further deep in terms of reaching out to the people in the remote areas of the country,” Rijiju told journalists here in Meghalaya.

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However, he said the Reserve Bank of India has already made certain decisions to ensure that bank branches are open in various administrative centres or locations in the remote areas of the country.

“In the same manner in the northeast, we need to expand the reach of the banks so that people are linked with the financial system easily,” the minister added.

Minister of State for Home Affairs Kiren Rijiju. Twitter
Minister of State for Home Affairs Kiren Rijiju. Twitter

Reacting to Meghalaya Chief Minister Mukul Sangma’s attack on Prime Minister Narendra Modi’s ‘surgical strike’ on black money by way of demonetisation as an “insensitive move”, Rijiju said: “It is an initial inconvenience but you have to accept this therapy and you need this strong therapy to deal with the menace of black money, corruption and terror funding.”

“Good citizens are bearing with us and it is only some of the people because of whom the black money have been generated in this country and the corruption promoted. Only that person and group of people are having problem,” the union minister stated.

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Lauding Prime Minister Narendra Modi for demonetising Rs 1,000 and Rs 500 denomination notes, Rijiju said: “This particular decision and announcement of Prime Minister has given deadly powerful blow to those people supplying the fake Indian currency notes as well as those involved in terror funding.”

“It is a historical step and it will break the bones of the terrorist organisations and the people who are funding behind the cartel.”

Rijiju added, “India has been facing grave challenges of corruption and black money which is circulating heavily in India illegally. With this decision, it not only will check corruption and black money but it will also stop terror funding and circulation of fake currency notes because the home ministry has been facing this problem, for long time.”

To a query, Rijiju said that there are still certain elements in Bangladesh who are involved in anti-India activities but the Sheikh Hasina regime is doing everything at its command to stop that.

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“There are elements in various countries, but Bangladesh regime is very favourable to India, and the present regime is doing everything possible to ensure that no anti-India activity is taking place in Bangladesh,” he said.

“We are very grateful to the present leadership of the government of Bangladesh for all the cooperation so we don’t have much problem there but there are certain elements in Bangladesh who are involved in anti-India activities but the present regime is doing everything at its command to stop that,” he said. (IANS)

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Prince Charles Arrives in New Delhi for two day Visit to Meet PM Narendra Modi

Prince Charles, the Prince of Wales, accompanied by his wife arrived New Delhi for a two-day visit to India to complete their 10-day four-nation tour

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Prince Charles
Prince Charles visits India with his wife for two days. Wikimedia.

New Delhi, Nov 9: Prince Charles, the Prince of Wales, accompanied by his wife, the Duchess of Cornwall, Camilla Parker-Bowles, arrived New Delhi on Wednesday on a two-day visit to India at the final leg of their 10-day four-nation tour that also took them to Singapore, Malaysia and Brunei.

“Their Royal Highnesses Prince of Wales and the Duchess of Cornwall arrive,” the British High Commission in India tweeted.

Prince Charles is scheduled to meet Prime Minister Narendra Modi on Wednesday evening and discuss a wide range of issues, including that of the Commonwealth Heads of Government Meeting (CHOGM) which will take place in April 2018 in the UK.

Prince Charles
Prince Charles arrives in India with his wife. IANS.

Ahead of the royal couple’s arrival, External Affairs Ministry spokesperson Raveesh Kumar said climate change, Sustainable Development Goals (SDGs), economic cooperation, and other bilateral issues would also come up for discussion.

Bilateral trade between India and Britain stands at $12.19 billion. India is the third largest investor in Britain and the second largest international job creator in that country.

Britain is the third largest inward investor in India, with a cumulative equity investment of $24.37 billion for the period April 2000-June 2017

The Indian diaspora in UK is one of the largest ethnic minority communities in the country, with the 2011 census recording approximately 1.5 million people of Indian origin equating to almost 1.8 percent of the population and contributing 6 per cent of the country’s GDP.

This will be Prince Charles ‘s ninth visit to India. He had earlier visited India in 1975, 1980, 1991, 1992, 2002, 2006, 2010 and 2013. (IANS)