GST, demonetisation done to benefit people: Venkaiah Naidu
Kolkata: Hailing the Centre's implementation of GST and demonetisation of higher value notes, Vice President M. Venkaiah Naidu on Saturday said both the moves were made to benefit the common people and change the country's economy.
"With the GST, initially there was some pain. But in the larger picture the GST is going to revolutionise Indian banking system. As a result, the country's economy will change," Naidu said at the 11th Global Healthcare Summit organised by American Association of Physicians of Indian Origin (AAPI) here.
Naidu also said while some people have criticised demonetisation, the move taken on November 8, 2016, has ensured that all the undisclosed cash in the country comes back to the banks.
"I can say one thing about demonetisation or remonetisation that the money that was hidden under the bed or inside the bathrooms before has come back to the banks. The money has come to the bank with its address. Now it up to the Reserve Bank of India to decide, how much is white money and how much is black money," he observed.
The Vice President also praised the people of the country for putting up with the trouble with depositing their money after demonetisation and termed the situation as "short term pain for long term gain".
"The common people have a lot of common sense. They realised its impact. Otherwise standing in queues for 51 days for your own money is no joke. Any improvement in the system is for the benefit of the common people," he added
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
CID to probe realtor murder case, says Karnataka Home Minister
Bengaluru (PTI): Karnataka Home Minister G Parameshwara on Tuesday said that he has directed the CID to probe the alleged kidnapping and killing of a real estate businessman from Anekal, whose body was found in neighbouring Tamil Nadu on March 9.
The minister was responding to a question raised by Congress MLA Pradeep Eshwar in the Legislative Assembly during zero hour.
"On the issue raised by the MLA, the police have already taken action. One person has been arrested, and the search is on for others. Based on the initial reports we have got, I have instructed that the case be handed over to the Criminal Investigation Department. The investigation will be done by them," Parameshwara said.
Demanding justice for the deceased's family, Eshwar earlier urged the home minister to hand over the case to the CID. "One person has been arrested and two suspects are still at large. They should be arrested at the earliest," he said.
Gopal alias Gopi was allegedly abducted on Sunday by a gang that intercepted his car near Karpur Gate. The assailants allegedly rammed his car from the rear and forcibly took him away in another car.
He was reportedly taken to a forest area near Denkanikottai in Krishnagiri district in Tamil Nadu, and was attacked by sharp weapons leading to death, police said, adding that the body was found on Monday.
Gopal's family members and relatives had staged a protest outside the Anekal police station, demanding the immediate arrest of all those behind the incident.
The police have arrested Mohan Babu, alleged to be the mastermind behind the crime, even as efforts are being made to nab his two associates who kidnapped Gopal. Business disputes and rivalry are said to be the reasons behind the killing.
