Demonetisation: First meeting of panel of CMs on Dec 2

Central govt on Monday has decided to form a sub-committee of Chief Ministers to deal with the demonetisation issue

Bihar Chief Minister Nitish Kumar. Photo: PTI
Bihar Chief Minister Nitish Kumar. Photo: PTI
ANI New Delhi [India]
Last Updated : Nov 29 2016 | 3:28 PM IST
The first meeting of the panel of Chief Ministers set up by the Centre to suggest measures to minimize the inconvenience to the people post the demonetisation drive will be held on December 2 under the chairmanship of Andhra Pradesh's N Chandrababu Naidu.

Sources said the Chief Ministers of Tripura, Madhya Pradesh, Puducherry and Bihar will also be present in the meeting.

In order to blunt the opposition on note ban, Union Finance Minister Arun Jaitley on Monday held talks with Naidu and Bihar Chief Minister Nitish Kumar.

The Central government on Monday has decided to form a sub-committee of Chief Ministers to deal with the demonetisation issue.

This come as a united opposition is leaving no stone unturned in taking potshots at the government post the decision.

Demanding that this decision should be rolled back for not being implemented properly, the opposition parties have also alleged that this exposed the 'anti-poor' stand of Prime Minister Narendra Modi-led government as the general public is the worst hit.

So far, only two Chief Ministers - Bihar's Nitish Kumar and Odisha's Naveen Patnaik - have voiced their support for the Centre.

Nitish has said he supported the currency ban as he is "convinced" that it would help in the fight against black money while Patnaik has praised the move as a bold step.

The ruling BJP at the Centre is also facing the wrath of its alliance partners as the Shiv Sena has alleged that the implementation of demonetisation has not been done in an appropriate manner and said it is not only 'one party's monopoly' to end corruption.

The government has recommended the use of cashless methods of payment not only to tide over the cash shortage being experienced by people due to demonetisation but also to curb corruption and generation of black money in the future.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 29 2016 | 1:44 PM IST

Next Story