SME Times is powered by   
Search News
Just in:   • Majority of working professionals welcome cracker ban in Delhi-NCR: Survey  • UK PM travels to Brussels to reactivate Brexit negotiations  • US, Pakistan, China hold talks in Muscat on Afghanistan  • Sensex, Nifty close at record highs  • Pradhan to visit Japan for LNG meet, ink cooperation on gas 
Last updated: 11 Aug, 2017  

chidambaram-23022013-THMB.jpg Chidambaram says add another Rs 50,000 cr as cost of note ban

Chidambaram
   Top Stories
» Wholesale price inflation eases in Sep to 2.6 pc
» 'Govt never talk about announcing fiscal stimulus package'
» 'Centre working on mechanism to speed up GST refund for exporters'
» 'Positive exports growth in 26 out of 30 major product groups in Sep'
» Exports rise for 13th straight month, grow 26 pc in September
SME Times News Bureau | 11 Aug, 2017

Former Finance Minister P. Chidambaram on Friday said another Rs 50,000 crore should be added to the cost of the note ban exercise that was undertaken last year.

"Cost of demonetisation: Add another Rs 50,000 crore revealed by RBI," he tweeted in the wake of an RBI statement that it would pay Rs 30,659 crore as dividend to the government in 2016-17, less than half of the dividend transferred a year earlier.

He also asked whether RBI would reveal the breakdown of the Rs 50,000 crore "loss/expenditure".

"Will RBI also tell us cost of destroying old notes and cost of printing new/replacement notes," Chidambaram asked in another tweet.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
65.95
64.30
UK Pound
87.75
84.85
Euro
77.85
75.20
Japanese Yen 58.75 56.80
As on 17 Oct, 2017
  Daily Poll
Small traders even below the threshold limit too should register under GST system?
 Yes
 No
 Can't Say
  Commented Stories
» Starting an import export business: Basic guide for beginners(21)
» GST revamp: Relief to exporters, SMEs(14)
» 'GST relaxations advanced Diwali celebrations'(1)
» Collateral free loans available for MSMEs: Minister(1)
» 'Students should apply for interest subsidy on education loans'(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter