Jairam Ramesh targets PM citing new demonetisation study
New Delhi: Citing a new study on demonetisation, Congress leader Jairam Ramesh on Monday took an apparent swipe at Prime Minister Narendra Modi, saying "our omnipresent, omnipotent and omniscient one" will never accept that demonetisation has hit economic activity by 2-3 percentage points.
"New solid research evidence that the Tughlakian decision of demonetization has severely damaged the Indian economy. We are still reeling and will continue to do so for some time. But Our Omnipresent, Omnipotent, Omniscient One (O-5) will never accept it," Ramesh wrote on Twitter.
A new study has claimed that demonetisation hit economic activity by 2-3 percentage points, bringing reduction in jobs and contraction in bank credit.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
