echo ''; Clamorworld » In everyday life every one of us comes across various experiences, incidents which we either don’t share with anyone or share with family members and friends. Print media, electronic media and various medium shows the news, but its ends up showing one sided of the story. We never come to know the other side of story. With so much happening every day, every second across our neighborhood, society, and world it’s difficult for the news media to cover all the news. Many times we have felt wish we could share our voice, opinion, thoughts with the world. Many a times we have felt the frustration, anger and helplessness for not being able to do anything about an incident. Have you ever felt, for a good cause, you need support, but don’t know how to garner the support and attention. So, now you have an option “www.Clamorworld.com“. This is a platform to share everything you want to. A website 100% runs by the people for the people. The world is waiting to listen to your voice, the voice which has kept you suppressed so far. If you do not want to share the incident, event personally, please send it to us at contact@clamorworld.com, and we will share it on your behalf and assure to keep your name confidential. Let’s make this world a peaceful and a happy place to live. » Can’t Ban Everyone From Depositing Old Notes, Says Supreme Court

Can’t Ban Everyone From Depositing Old Notes, Says Supreme Court

 

People with a legitimate reason for not being able to deposit old 500 and 1,000 – rupee notes – like those in prison – cannot be denied the right to swap the outlawed currency for new notes, the Supreme Court said today, asking the government to explain how it will help these citizens by the 17th of this month.

In November, Prime Minister Narendra Modi made the shock announcement that within a few hours, the high – denomination notes would be illegal for transactions. People were given till December 30 to turn in their old notes at post offices and banks. 

The deadline for depositing the old notes at the Reserve Bank of India was the end of March. 

 The Chief Justice of India, JS Khehar, said during today’s hearing, “If these genuine people are not given a chance, then it is a serious issue.” 

The RBI has said it can no longer accept the banned notes from individuals because of the centre’s decision.

Demonetisation yanked 86% of the currency in circulation, leading to a temporary cash crunch especially in rural India.

However, the move, described by PM Modi as essential in checking corruption, received wide public support.
 
Last month, banks and post offices were given a month to deposit the old, big bank notes that they had received with the RBI, provided they had been collected before December 30.

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