psycopk Posted November 15, 2016 Author Report Share Posted November 15, 2016 New Delhi, Nov 15: The Supreme Court on Tuesday asked the Centre to explain the steps it has taken or will take to deal with chaos outside banks and ATMs following the demonetisation move and observed that people should not suffer. Asking the Centre to file a reply without formally issuing notice, a bench of Chief Justice T.S. Thakur and Justice D.Y. Chandrachud said they will not interfere with the government policy but said standing in queues for hours was traumatic. Refusing to stay the November 8 decision to demonetise Rs 500 and Rs 1,000 currency, as sought by one the four petitioners, Chief Justice Thakur told Attorney General Mukul Rohatgi: " ...instead of forcing citizens to stand in queues for their own money, why can't you raise their cash withdrawal to a reasonable limit? It is traumatic for people to stand in lines for hours doing nothing." "We are wondering if you can do something to reduce the trauma of the common people," the bench said as senior counsel Kapil Sibal told the bench that it was the small sellers or street vendors who were suffering the most as they are dependent on cash transactions. Sibal, appearing for one of the petitioners, described demonetisation as a "surgical strike against the common man". Pointing to hardships faced by the people and provisions of the law governing demonetisation of notes, Sibal said: "You can have surgical strikes against black money but you can't have surgical strikes against the common people." Chief Justice Thakur observed: "What Attorney General says is a surgical strike; what you say is carpet bombing." Makings it clear that he was not seeking a stay on the government decision, Sibal said: "We are with the government in curbing black money; but the inconvenience it is causing to the public is not reasonable. It is jeopardising their lives." Pointing out that 86 per cent of the currency had gone out of circulation, the petitioner's counsel said: "It is my money. It is legitimate money, tax paid. Under what law of the land can you restrict my right to withdraw my money?" Defending the demonetisation decision as conforming with legal provisions, Attorney General Mukul Rohatgi admitted that the government decision of such magnitude would cause some pain and urged the court not to interfere as "these are the matters of economic policy". At this, Chief Justice Thakur observed: "We are not interfering in your policy matters." Contesting Sibal's contention that the government did not follow the law before demonetisation, Rohatgi said: "You can't pass a law saying we are going to issue a notification for the demonetisation of currency notes of certain denomination...." Saying there will be "some pain (to common people) if there is a surgical strike against black money", Rohatgi said there were pains "in the past too for getting a scooter (two-wheeler), Fiat car, telephone, ration ..." Telling the court that the aim was to flush out black money and stop terror funding, the Attorney General said: "Some collateral damage will take place. I could not calibrate the two lakh ATMs (in the country) as that would have brought the cat out of the bag." This position has been articulated by Finance Minister Arun Jaitley. The Attorney General said Rs 3.25 lakh crore in Rs 500 and Rs 1,000 notes had been deposited since demonetisation. He said it was out of the Rs 15 to Rs 16 lakh crore that is in circulation. He said the government expected Rs 10 to 11 lakh crore to come to banks. Addressing the concerns shown by the court, the Attorney General said every day we are adding Rs 10,000 crore to the economy and said that inconvenience alone could not be a ground against demonetisation. Link to comment Share on other sites More sharing options...
spider_reddy Posted November 15, 2016 Report Share Posted November 15, 2016 Just now, psycopk said: dude.. come out of CBN world.. there is more going... tatha youth ness kosam dude word vadave .... tatha nuvu ani aina chepu you are a slave of CBN monna ee AFDB lone CBN vale notes cancel chesaru ani hadavidi chesaru mali ippudu people angry ayesariki antha Bodi ee chesadu ani antunaaru ....anti tatha idi anta ...please take a stance either support Modi or get rid of him. Link to comment Share on other sites More sharing options...
perugu_vada Posted November 15, 2016 Report Share Posted November 15, 2016 1 minute ago, psycopk said: ban tappu anatam ledu.. oka padati padu lekunda .. media lo attention kosam chesinatu undi... edema ATM's lo 2000 notes ravu anna vishyam kuda teliyakunda currency ban ante.. emanali.. aa tea cuplu kadigetodini.. Other side of d story kuda chudali ga, asale indians pedda kanthri gallu, e ban gurinchi bayata kani news osthe ye range lo janalu money change chese vallu ? ofcourse, intha pedda country antha major revolutionary decision theskunte obvious ga betterment ki scope untundi news leak kakunda cheyatam kuda very very hard andhu k all party meetings kani, scholars ni kani invite chesi how to make this happen ane time ledu before news goes out Link to comment Share on other sites More sharing options...
psycopk Posted November 15, 2016 Author Report Share Posted November 15, 2016 Just now, spider_reddy said: tatha youth ness kosam dude word vadave .... tatha nuvu ani aina chepu you are a slave of CBN monna ee AFDB lone CBN vale notes cancel chesaru ani hadavidi chesaru mali ippudu people angry ayesariki antha Bodi ee chesadu ani antunaaru ....anti tatha idi anta ...please take a stance either support Modi or get rid of him. CBN vale chesadu analedu.. CBN cheyamani assembly lo resolution pass chesadu.. thats a fact... Link to comment Share on other sites More sharing options...
psycopk Posted November 15, 2016 Author Report Share Posted November 15, 2016 Just now, perugu_vada said: Other side of d story kuda chudali ga, asale indians pedda kanthri gallu, e ban gurinchi bayata kani news osthe ye range lo janalu money change chese vallu ? ofcourse, intha pedda country antha major revolutionary decision theskunte obvious ga betterment ki scope untundi news leak kakunda cheyatam kuda very very hard andhu k all party meetings kani, scholars ni kani invite chesi how to make this happen ane time ledu before news goes out what will happen dude...maha aaite black ni white chesukuntaru.. manchidega.. economy improve avudi.. ipudu jarigutundi ade.. kaka pote broker commision 30% .. gold merchants kummutunaru.. Link to comment Share on other sites More sharing options...
spider_reddy Posted November 15, 2016 Report Share Posted November 15, 2016 1 minute ago, psycopk said: CBN vale chesadu analedu.. CBN cheyamani assembly lo resolution pass chesadu.. thats a fact... ante CBN assembly lo resolution cheyatam vale kada chesindi ani mee poop yellow media chepindi plus mee Commod dogs kuda eee AFDB lo annaru ga go and open the old threads Link to comment Share on other sites More sharing options...
sarkaar Posted November 15, 2016 Report Share Posted November 15, 2016 Link to comment Share on other sites More sharing options...
mastercheif Posted November 15, 2016 Report Share Posted November 15, 2016 yedhi yem ayina, common public ki pikalu daka undhi bodi mida kopam. ippudu election pedithey bodi ki deposits kuda raavu. yedo cities lo surverys chesthey nijalu bayatiki raavu, chethiki mike isthey andharu "India is my country all indians are my brothers and sisters" mike pakkaki tisthey "abba figure yem undhi bhayya". common man baga suffering . bayata market lo business assalu ledu in all sectors/markets so kirana shop deggara nunchi shopping malls varuku full khali. Bodi next step corruption ni tackle chesi common man ki pettina kastam ki returns chupinchakapothey dabidi dhibide. Only most of the big fish are safe ! rest all assam . Link to comment Share on other sites More sharing options...
Idassamed Posted November 15, 2016 Report Share Posted November 15, 2016 1 minute ago, sarkaar said: gp Link to comment Share on other sites More sharing options...
riashli Posted November 15, 2016 Report Share Posted November 15, 2016 2 minutes ago, sarkaar said: Bagundi pic chudadaniki.. reality is different Link to comment Share on other sites More sharing options...
spider_reddy Posted November 15, 2016 Report Share Posted November 15, 2016 1 minute ago, mastercheif said: yedhi yem ayina, common public ki pikalu daka undhi bodi mida kopam. ippudu election pedithey bodi ki deposits kuda raavu. yedo cities lo surverys chesthey nijalu bayatiki raavu, chethiki mike isthey andharu "India is my country all indians are my brothers and sisters" mike pakkaki tisthey "abba figure yem undhi bhayya". common man baga suffering . bayata market lo business assalu ledu in all sectors/markets so kirana shop deggara nunchi shopping malls varuku full khali. Bodi next step corruption ni tackle chesi common man ki pettina kastam ki returns chupinchakapothey dabidi dhibide. Only most of the big fish are safe ! rest all assam . Bodi ki support chesina CBN paristiti anto oka pakka special staus ledu inko pakka votes ravu fafam Link to comment Share on other sites More sharing options...
mastercheif Posted November 15, 2016 Report Share Posted November 15, 2016 4 minutes ago, psycopk said: what will happen dude...maha aaite black ni white chesukuntaru.. manchidega.. economy improve avudi.. ipudu jarigutundi ade.. kaka pote broker commision 30% .. gold merchants kummutunaru.. very good point. Link to comment Share on other sites More sharing options...
lazybugger Posted November 15, 2016 Report Share Posted November 15, 2016 23 minutes ago, dasara_bullodu said: When you buy stuff for fancy price, you are creating a bubble under the name of government, Because currency doesn't come from God or an omnipotent power. Curreny is built by people like us, and backed by resources... when the currency producer faces existential threat he will have no choice but to abandon and prick the bubble ... education gatra ivanni potayi vastayi ... janalaki reality ante ento telisindi atleast be happy for that finally, you atleast seem to have understood basics of monetary system. But what is this 'existential crisis'? 1 Link to comment Share on other sites More sharing options...
Idassamed Posted November 15, 2016 Report Share Posted November 15, 2016 Just now, riashli said: Bagundi pic chudadaniki.. reality is different Please elaborate further. Link to comment Share on other sites More sharing options...
mastercheif Posted November 15, 2016 Report Share Posted November 15, 2016 Just now, spider_reddy said: Bodi ki support chesina CBN paristiti anto oka pakka special staus ledu inko pakka votes ravu fafam naa post ki CBN ki yemi relation man ? Link to comment Share on other sites More sharing options...
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