Wednesday, November 16, 2016

Indian Supreme Court refuses to stay govt's demonetisation move

India's Supreme Court Tuesday refused to stay the government's demonetisation move, but asserted that the "common man should not suffer".


A two-judge bench, headed by Chief Justice T.S. Thakur, made it clear to the Indian government that it should immediately take steps to mitigate the hardships of the common man who is "forced" to stand in queues to withdraw a little bit of his own hard-earned money.

"You call it surgical strike or carpet bombing, there is some collateral damage. The general feeling is it is causing inconvenience to common man. ... why can't you raise their cash withdrawal limit to a reasonable limit?" the court told the government.

It added: "Carpenters, masons, daily wage earners, maids, vegetable sellers are dependent on cash; we are only wondering if you are capable of doing anything to reduce the trauma of ordinary man?"
 [Xinhua/globaltimes.cn]
16/11/16
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