Five must-read stories—November 29

5 stories to start your day

Photo by Satish Bate/Hindustan Times via Getty Images
Photo by Satish Bate/Hindustan Times via Getty Images
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NH National Bureau

Another opportunity for hoarders of cash

"I do feel this should have come along with demonetisation; then, the scheme would have earned more bang for the buck.... In any case, the main problem of the severe cash crunch that is paralysing large sections of society is yet to be addressed," said Pronab Sen, economist and former chairman of the National Statistical Commission. Banks have reported that the exchange and deposits from November 10 to 27 have amounted to Rs 844,982 crore. During this period, withdrawals from bank accounts and ATMs totalled Rs 216,617 crore. In The Telegraph.


Printing of Rs 500 notes grinds to a halt

While SPMCIL is under the Finance Ministry, where the boss is Arun Jaitley, the Mysore (Karnataka) and Salboni (West Midnapore in West Bengal) are run and operated by the RBI’s wholly-owned subsidiary Bharatiya Reserve Bank Note Mudran Ltd (BRBNML). In TheQuint.com.


Andhra employees to get half their salary

The Andhra Pradesh state government employees will be getting only half their salary on December 1. However, the state government will pay the entire amount into their bank accounts by December 30, but for now they will be paid only Rs.24,000 in the first week of the month, irrespective of their net salary. In The News Minute.


BJP buys land in Odisha

BJP sources said it had already bought land in 18 districts and negotiations were on for a few more places. The state has 30 districts and the party has 36 organisational districts. In The Telegraph.


Find Najeeb, Delhi High Court tells police

Refusing to believe that a person can just disappear in Delhi, the Bench said: “This is the national capital. No one can just disappear from here. If Najeeb disappeared, then there is something more to that. All angles have to be explored. Forty-five days is a long period for someone to remain underground,” the Bench told the Delhi Police, which maintained that Najeeb was not abducted forcibly. In The Hindu.

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