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₨9.2 Lakh Cr. Back in Circulation: RBI Chief

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₨9.2 Lakh Cr. Back in Circulation: RBI Chief Delhi thursday, january 19, 2017 www.thehindu.in ● Regd. DL(ND)-11/6110/2006-07-08 ● RNI No. TNENG/2012/49940 ● ISSN 0971 - 751X ● Vol. 7 ● No. 16 ● CITY EDITION ● 24 Pages ● Rs. 8.00 Printed at Chennai, Coimbatore, Bengaluru, Hyderabad, Madurai, Noida, Visakhapatnam, Thiruvananthapuram, Kochi, Vijayawada, Mangaluru, Tiruchirapalli, Kolkata, Hubballi, Mohali, Allahabad, Malappuram and Mumbai AAP is a fascist party, Obama commutes Contempt petition by Dan Evans sends says Congress leader bulk of Chelsea family firms of Cyrus Marin Cilic packing Capt. Amarinder Singh Manning’s sentence Mistry dismissed from Australian Open Page 13 Page 14 Page 15 Page 17 • • BRIEFLY NIA to probe ISI role in ₨9.2 lakh cr. back in Kanpur train accidents NEW DELHI: A two-member NIA team has been sent to Bihar after three persons arrested by circulation: RBI chief the police claimed that the Pakistani intelligence agency ISI was behind two recent train need to be reconciled with accidents near Kanpur. Tells MPs panel the physical cash balances to ½ NEWS | PAGE 12 that counting of eliminate accounting errors/ money deposited possible double counts, etc,” Man held after wife’s without which estimates in banks still on may not indicate actual kin alleges dowry death numbers. NEW DELHI: The family of a VIKAS PATHAK The figures pertaining to 25-year-old woman, who was money deposited back are found dead under mysterious NEW DELHI: Reserve Bank of In- crucial as the Opposition is circumstances at her residence dia Governor Urjit Patel told reading the reported return in Nand Nagri on Tuesday, has the Parliamentary Standing RBI Governor Urjit Patel of almost all the money as a claimed that she was beaten to Committee on Finance here sign that black money has death by her in-laws. on Wednesday that about self was a mammoth task. A been converted into white. ½ CITY PAGE 3 ₨9.2 lakh crore had been put member said that when Dr. It is also seen as indicating back in circulation since the Patel was asked the date on that the liability of the RBI ‘Sri Lanka in talks to demonetisation on Novem- which the RBI would with- has not been extinguished, ber 8. draw the ₨24,000 cap on denying the government the GRIDLOCKED: Traffic was hit after protesters and students, seeking revocation of the ban on jallikattu, spilled over on to offer port to India’ Prime Minister Narendra weekly withdrawals, former fiscal space for greater social Kamarajar Salai in Chennai on Wednesday. — PHOTO: S.R. RAGHUNATHAN NEW DELHI: Speaking on the Modi’s announcement that Prime Minister Manmohan sector spending. sidelines of the Raisina Dialogue ₨500 and ₨1,000 notes would Singh said the central bank here on Wednesday, Sri Lankan cease to be legal tender from governor need not go into Scrutiny to catch ofenders Minister of Regional the midnight of November 8 that. Members maintained The government, how- TN takes jallikattu issue to PM Development Field Marshal had sucked out 86% — that the meeting — lasting ever, claims that once the Sarath Fonseka said the country amounting to ₨15.44 lakh from about 2.15 p.m. to 4 p.m. money has passed through CM O. Panneerselvam leaves for Delhi after pro-jallikattu protests swell into a mass movement was in talks to offer the port of crore — of currency notes in — was more about questions the system, it will be scrutin- Trincomalee to India. circulation till then. than answers. ised in order to catch the SPECIAL CORRESPONDENT Separately, AIADMK gen- Chennai, Alanganallur in going to insist to the Centre ½ NEWS | PAGE 12 “He did not answer most wrongdoers. eral secretary V.K. Sasikala Madurai, VOC Grounds in to intervene and promulgate Manmohan intervenes questions. We may have to Dr. Patel said the demonet- CHENNAI: With the pro- backed the demand to ban Coimbatore and other dis- an ordinance to facilitate its Dr. Patel, however, did not call him once again and seek isation decision by the gov- jallikattu (bull-taming sport) the global NGO, People for tricts, saying they would conduct.” ofer any answer to ques- written responses to the sev- ernment and the RBI — protests turning into a mass Ethical Treatment of Anim- await the outcome of the Initiated on social media tions on how much of the de- eral questions we have,” said taken at the behest of the movement in Tamil Nadu, als (PETA), originally raised scheduled talks between Mr. platforms, the demonsrta- monetised currency had a member of the committee. government — took about Chief Minister O. Pan- by DMK leader M.K. Stalin Modi and Mr. Pan- tions, which were initially been deposited back in There have been media re- one year to plan, according neerselvam held talks with two days ago. neerselvam on Thursday confined to the college stu- banks, saying calculations ports that 97% of the demon- to a member of the panel. representatives of the pro- morning. dent community and rural were still on. etised currency was back in The printing of ₨2,000 notes testers in Chennai and flew ‘It is our right’ Backing the demand of the folk, overnight snowballed He maintained that count- the system, though the RBI had begun in June 2016, he to New Delhi on Wednesday However, the representat- protesters, the Chief Minis- into a mass movement of ing of the notes was continu- rejected these claims. added. night to take up the issue ives refused to call of their ter told journalists outside sorts. METROPLUS ing, a panel member said, The central bank’s argu- (With inputs from with Prime Minister Naren- agitation, which spawned the Chennai airport, 4 Pages making it appear that this it- ment is that “figures would Vikas Dhoot) dra Modi. overnight at the Marina in “Jallikattu is our right. I am ½ CONTINUED ON PAGE 12 Cabinet nod for listing of Respect sovereignty, Salman acquitted in arms case India tells China SPECIAL CORRESPONDENT tion shooting for the movie packed courtroom where five insurance companies Hum Saath Saath Hain. Mr. Khan and his sister KALLOL BHATTACHERJEE a territory that we see as JAIPUR: After a legal battle last- Giving Mr. Khan the bene- Alveera were present. SPECIAL CORRESPONDENT The government’s sue of equity or an ofer for ours. Surely people will un- ing 18 years, actor Salman fit of the doubt, Jodhpur The court held in its 102- sale or a combination NEW DELHI: Asserting its territ- derstand India’s reaction. Khan was on Wednesday ac- Chief Judicial Magistrate page verdict that the prosec- NEW DELHI: In a move that plan is to divest thereof,” Finance Minister orial sovereignty, India said There needs to be some re- quitted in a criminal case ac- Dalpat Singh Rajpurohit ex- ution had failed to produce could bring significant re- 25% of its stake Arun Jaitley said, while an- on Wednesday that the flection and I am sorry to say cusing him of possessing and onerated him of the charges evidence and witnesses to sources to the exchequer, the in each of them nouncing the Union Cabin- China-Pakistan Economic that we have not seen signs using weapons with expired framed under Sections 3/25 prove its case “beyond reas- Cabinet Committee on Eco- et’s decisions. Corridor (CPEC) passes of that,” said Mr. Jaishankar licences, while hunting for and 3/27 of the Indian Arms onable doubt.” nomic Afairs on Wednesday over time “Since this is a major de- through its territory. at the event that was inaug- endangered chinkaras and Act, 1959. approved, in principle, the cision and was announced as Addressing the Raisina urated by Prime Minister blackbucks near Jodhpur in The Magistrate pro- listing of five public sector Assurance Company, United a policy in the Union Budget, Dialogue, Foreign Secretary Narendra Modi on Tuesday. 1998. He had been on loca- nounced the judgment in a ½ CONTINUED ON PAGE 12 general insurance compan- India Insurance Company, it has now been approved S. Jaishankar said China was Mr. Modi too had drawn ies on the stock markets, Oriental Insurance Com- after consideration,” he said. yet to respond to India’s con- attention to the territorial with a plan to divest 25% of pany, National Insurance “This is a very positive de- cerns on CPEC. sovereignty of India. the Centre’s stake in each of Company, and General In- velopment and the prospects “Respect for sovereignty is them over time. surance Corporation of of the industry will go up,” G. ‘No sign of reflection’ important for regional con- The companies whose India. Srinivasan, chairman-cum- “China is very sensitive on nectivity to improve,” Mr. stake would be oloaded, as “The Cabinet took a de- managing director, The New matters concerning its sov- Modi said in his inaugural per stock market watchdog cision to approve the listing India Assurance Company ereignty. speech. Securities and Exchange of public sector general in- told The Hindu. “We expect they will re- Board of India’s listing surance companies on stock spect other people’s sover- ½ ‘INDIA, CHINA CAN HELP norms, are The New India exchanges through a fresh is- ½ CONTINUED ON PAGE 12 eignty. CPEC passes through EACH OTHER’ | PAGE 12 CBI now goes after Manish Sisodia, files case SPECIAL CORRESPONDENT sharp reaction from Delhi mechanism of the CBI work contract for ‘Talk-to- Chief Minister Arvind Kejri- whereby the agency verifies AK’ social media campaign NEW DELHI: The Central Bureau wal, who through his Twitter whether a proper regular on Google, Facebook and of Investigation has initiated handle targeted Prime Min- case into the allegations is Youtube to reach out to a preliminary enquiry ister Narendra Modi alleging made out.
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