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November 16, 2016: The government of India took a big step to uncover the black money in the country. The government demonetized ₹500 and ₹1000 banknotes on 8th November, 2016 and ceased the use of the banknotes in any form of legal tender in India.
Prime Minister Narendra Modi addressed the people in an unscheduled live televised address at 8:15 pm the same day. In the announcement, Modi declared the usage of ₹500 and ₹1000 banknotes and told everyone that the notes can be exchanged at the banks until December 30. But a long queue outside every ATM and bank has hampered the process, mentioned Reuters.
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It seems that RBI was not prepared to face the demonetization. RBI didn’t have enough supply of the notes for the exchange. Also, the new notes of ₹2000 are of different size and so the ATM machines need to be modified to dispense the notes. There is a long queue of people waiting to exchange their notes. ATMs are running out of cash faster as they can dispense only ₹100 notes.
The under-preparedness of government has led to the creation of extreme chaos. The move is considered economically imprudent.
According to Reuters report, people are desperate for cash and so the workforce is wasting long hours standing in the long queues at the Banks and the ATMs. The abrupt call-back for the 86% of the country’s cash has brought the economy to a standstill. The wide conjecture on property and gold has affected the economic stability and investments.
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The people most hard hit by the demonetization are the ones in the rural areas who do not have a bank account. Indians who rely on cash for their daily transactions are struggling to pay for the basic commodities.
In a political rally in Uttar Pradesh, Modi said, “I am aware you are facing difficulties… I understand the inconvenience.”
“I am really pained by the inconvenience and that is why I am working tirelessly to help people overcome this situation.”
“I will never let anyone loot money that belongs to India’s poor.”
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The government has been trying hard to deal with the cash crunch. New micro cash machines will be installed across the country and banks are asked to waive off the transaction charges on credit and debit cards.
India’s secretary for Economic Affairs, Shaktikanta Das, told reporters that government has increased the weekly withdrawal limit from 20,000 to 24,000. He also said that the re-calibrated cash machines would start to dispense new 2,000 rupee notes within two days.
The government has allowed a network of banking correspondents to provide people from rural area access to the banking services.
– Prepared by Diksha Arya of NewsGram. Twitter: @diksha_arya53
By Siddhi Jain
The author who named the book after her twin sons -- Puhor and Niyor -- is a parent who has seen and heard the tales of ridicule and discrimination suffered by many in India and beyond. She says the book is an artistic illustration for kids that details how different families can live and coexist. Whether it's children with two dads or two moms, children with a single dad or single mom, and even multiracial family units, Borthakur's book teaches love, understanding, and compassion towards unconventional families.
Beyond race, gender, color, and ethnicity which have formed the bases for discrimination since the beginning of time, this book aims to bring to light a largely ignored issue. For so long, single parents have been treated like a taboo without any attempt to understand their situations; no one really cares how or why one's marriage ended but just wants to treat single parents as villains simply for choosing happiness and loving their children.
Homosexual parents, a relatively new family system, is another form that has suffered hate and discrimination for many years. Pritisha emphasizes the need to understand that diversity in people and family is what makes the world beautiful and colourful. 'Puhor and Niyor's Mural of Family Stories' is a firm but compassionate statement against all forms of discrimination on the bases of sexual identity, gender, race, and even differences in background
The Guwahati-born author says, "With this book, I'm not trying to take away the job of parents in forming habits, I simply want to do my part as a parent. It is important that we impart the right values in our kids in a bid to build a better, more inclusive and tolerant global society that is fair to everyone." The author's first attempt at a book was an Assamese poetry 'Anubhav', published in 2010.
Set to be published under the label of Author's Channel, the book is like an adventure; a journey into uncharted territories, untouched subjects and matters long ignored. In her words. "The book takes a critical stand in defense of people in society who have had to undergo severe emotional torture for no cause of theirs. It is a terrible conception to think such people any less of a human just for being different," says publisher Aruna Naidu. By September 30, this title, priced at Rs 299, will be available online and in offline bookstores. (IANS/ MBI)
Rajesh U Pandya, Managing Director, KAI India, gives easy and completely doable tips to follow at home:
* Refrain from harsh soaps: You should be mindful of the soap you are using to wash your hands. Your soap can have a moisturizing element in it like aloe vera or shea butter. Ensure that you're washing your hands with normal water as hot water can make your hand's skin dry and scaly.
Make use of your personal nail clipper to cut your nails. | Pixabay
* Be aware of nail or cuticle inflammation or redness: If there are any signs of infection, disinfect the skin as soon as possible with an anti-bacterial or anti-fungal ointment.
(Article originally written by N.Lothungbeni Humtsoe) (IANS/ MBI)
Keywords: Nails, groom, hand, exfoliate, chew, nail clipper, bite, cuticle
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Bitcoin, is the oldest and most solid of the market. | Photo by Executium on Unsplash
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