• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

‘Rs 2,000 Note Withdrawal To Curb Cash Play In Lok Sabha Polls’

OMMCOM NEWS by OMMCOM NEWS
May 19, 2023
in Nation
2000 Note

Chennai:  With cash for votes gaining ground and to prevent money power having a play against the ruling BJP in the 2024 general elections, the Rs 2,000 denomination notes are being withdrawn — this is a view that is being shared on social media.

“It is a move to curtail the opposition’s money power. Further, the monitoring radar will be activated on those who are depositing huge numbers of Rs 2,000 denomination notes,” former AIADMK Lok Sabha MP K.C. Palanisamy told IANS.

According to him, there are also possibilities of the Lok Sabha elections being held in October/November this year.

Another person in a social media group quipped: “Another surgical strike.”

“This may be an effort to curb black money distribution for votes during the general elections next year,” Prassana, a common man, told IANS.

“As witnessed during demonetisation, we expect the deposit accretion of banks to improve marginally in the near term. This will ease the pressure on deposit rate hikes and could also result in moderation in short-term interest rates,” Karthik Srinivasan, Senior Vice President, Financial Sector Ratings, ICRA, said.

Vimal Nadar, Head of Research at Colliers India, said: “The withdrawal of Rs 2,000 notes is an expected and timely move towards prudent currency management within the realm of maintaining banking and financial discipline. Such measures further reduce/eliminate the probable cash component in high-value real estate transactions. In the last few years, RERA and demonetisation have brought in significant levels of transparency in real estate, mainly contributing to fair market price determination.”

(IANS)

Tags: 2000 NotesLok Sabha
ShareTweetSendSharePinShareSend
Previous Post

‘You Make A Comment Against The Govt, Everybody Will Be Happy…’: SC Judge At Farewell

Next Post

IPL 2023: Curran, Shahrukh, And Jitesh Power Punjab Knigs To 187/5 Against Rajasthan Royals

Related Posts

Nation

Egyptian Foreign Minister Reiterates Solidarity With India In Fight Against Terrorism

June 3, 2025
Nation

Haasan Writes To Kannada Film Body; Says Row A Result Of ‘Misunderstanding’

June 3, 2025
ECI
Nation

ECI To Provide Faster Voter Turnout Updates During Polls, Reduce Reporting Delays

June 3, 2025
Nation

Want To See DU Among World’s Top 100 Universities In Ten Years, Projects Worth Rs 2,000 Crores Underway: Yogesh Singh

June 3, 2025
Nation

Sitharaman Tells DRI To Break Big Smuggling Syndicates, Curb Narcotics Trade

June 3, 2025
Nation

CDS Chauhan Uses Cricket Analogy To Highlight India’s Resolve After ‘Operation Sindoor’

June 3, 2025
Next Post
IPL 2023

IPL 2023: Curran, Shahrukh, And Jitesh Power Punjab Knigs To 187/5 Against Rajasthan Royals

NASA

Bezos' Blue Origin Wins NASA Astronaut Moon Lander Contract

Orissa High Court Announces Summer Vacation From May 22

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.