canada goose clearance sale canadian goose jacket Did the RBI keep the PM in the dark canada goose clearance sale

canada canada goose goose uk shop ‘When I met the prime minister on November 15 there was no RBI Canada Goose online report with the prime minister as to why this was done.’ canada goose uk shop

‘When I asked the PMO buy canada goose jacket officer about this, he said the RBI did not bring this to the PM and did it independently.’

‘When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government buy canada goose jacket cheap gazette released on November 9 allowed them canada goose clearance sale to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.’

Why government stopped cooparative banks from changing Rs 500, Rs 1,000 notes

BJP MP: Rural economy has collapsed

IMAGE: Reserve Bank of India Governor Dr Urjit Patel speaks with Finance Minister Arun Jaitley in Mumbai.

cheap Canada Goose canada goose coats on sale While exchange, withdrawal and deposit of these specified currencies did take place at these DCCBs till November 12, four days after Prime Minister Narendra Modi scrapped these notes as legal currency, the RBI, on November 13 hurriedly stopped these DCCBs from exchanging or accepting deposits of these notes from November 13 after these banks reported 100 times increase in deposits of these Rs 500 and Rs 1,000 notes between November 9 Canada Goose Parka and 12. cheap Canada Goose

Canada Goose Jackets Sanghani was thrice elected as a BJP MLA and and four time BJP MP from Amreli. Canada Goose Jackets

canada goose store What are the problems being faced by account holders of DCCBs in India after the RBI stopped them from exchanging and depositing Rs 500 and Rs 1,000 notes into these canada goose outlet banks? canada goose store

When the Canada Goose Jackets farmers are taking their Kharif crops like groundnut, cotton, etc, to the markets, there is no purchase or selling of their produce.

canadian goose jacket Old notes of Rs 500 and Rs canada goose black friday sale 1,000 that are available with traders are not being accepted by farmers because the DCCBs have been stopped from accepting these deposits and so they are not able to sell their Kharif produce. canadian goose jacket

canada goose uk outlet Whatever old notes the farmers had with them after they sold their produce in the markets before November 8, are not being accepted by the DCCBs because of the RBI restriction. canada goose uk outlet

This has led to complete lockdown of trading among these economic agents.

uk canada goose outlet In my district (Amreli), more than 50 per cent of farmers have their bank accounts with DCCBs and their financial activity has come to a complete halt. uk canada goose outlet

Canada Goose Online What kind of losses are the farmers suffering because of the RBI restrictions on depositing and exchanging of the specified notes at these DCCBs? Canada Goose Online

Canada Goose sale As of now they are not suffering any losses because their agricultural produce is lying at their houses/godowns. Canada Goose sale

Nobody is buying it from them because traders don’t have enough cash for their purchases and farmers are not accepting the old notes because the DCCBs have been disallowed from accepting it from them.

These crops may not suffer any losses for at least two months and we are yet into the 15th day of this ban.

canada goose canada goose deals uk black friday If these farmers have to avail of the Rs 21,00 crore credit line announced by the government for the Rabi season through NABARD (National Bank for Agriculture and Rural Development) to these DCCBs, then the farmers need to first pay their earlier outstanding loans. canada goose uk black friday

So, this Rs Canada Goose sale 21,000 crore credit arrangement will be of no use to farmers as this money is for new loans.

Canada Goose Coats On Sale Are you saying this credit facility will be of no use to the farmers? Canada canada goose store Goose Coats On Sale

Canada Goose online Yes, this step is only work half done. This will be of use only if farmers are allowed to use old Rs 500 and Rs 1,000 notes they have to repay their debt to the DCCBs. Canada Goose online

Canada Goose Parka You allow insurance companies to accept old notes for Canada Goose Outlet paying insurance premium because these are big companies, but you don’t let farmers retire their debts by putting restrictions on such use at the DCCBs. Canada Goose Parka

uk canada goose Aren’t the cheap Canada Goose farmers allowed to purchase seeds for using them for the Rabi season by using Rs 500 notes? uk canada goose coats canada goose

Yes, but then seeds must be purchased only from government appointed agencies and in Gujarat such agencies are far less in number and they don’t have adequate amount of seeds to meet the farmers’ demand.

Do you think the PM’s demonetisation policy will help tackle black money, corruption and terrorism?

Modiji’s aim for initiating this scheme is very good for the nation’s future and will make India economically strong and secure.