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Almost 12 lakh crore old notes deposited so far: RBI

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Almost 12 lakh crore, demonetised Rs 500 and Rs 1,000 notes, GDP growth, 11.85 lakh crore, R. Gandhi, Deputy Governor

Old Rs 500 notes

Mumbai: Almost 12 lakh crore demonetised Rs 500 and Rs 1,000 notes have been deposited by the public since the November 8 announcement, R. Gandhi, Deputy Governor, Reserve Bank of India (RBI), said here on Wednesday.

“Almost 11.85 lakh crore notes have been deposited so far,” Gandhi said while addressing a press meet following the central bank’s bi-monthly monetary policy review.

The RBI has kept the key lending rates unchanged in its review. S.S. Mundra, deputy governor, RBI, said the impact of demonetisation on the gross domestic product (GDP) growth rate would “only be 15 basis points and it would be transient.” However, the apex bank lowered the GDP growth forecast by 50 basis points to 7.1 per cent from 7.6 per cent.

 

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Cheers and Cheers: Barzilla’s Joyful Ode to Inclusivity and Celebration

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The RG Marathon Championship Run 2023 in Goa was a testament to inclusivity. Initially resistant to including persons with disabilities, it eventually featured wheelchair and standing categories, thanks to advocates’ efforts. Participants showed exceptional determination, emphasizing unity in diversity. Despite challenging weather, they demonstrated the power of community support, highlighting the need for accessibility and inclusion in all state-level events in Goa.

Following the marathon, a gathering of differently-abled individuals, predominantly wheelchair users, convened for a celebratory lunch at Barzilla. The event, orchestrated by Mr. Shariq Khan and Mr. Zain Aftab, proprietors of Barzilla, honored the birthday of Sadaf Fatima, who also uses a wheelchair and is Mr. Shariq Khan’s wife.

 

The lunch featured esteemed guests including the Tourism Minister of Goa, MLA Rohan Khaunte of Porvorim, Social Welfare Minister Subhash Phal Desai, and the State Commissioner for Persons with Disability in Goa, Guruprasad Pawaskar. The event was impeccably hosted by Ms. Falak Fatima and Mr. Adarsh Parashar, offering activities such as Karaoke and Billiards. The youth of Goa exhibited their unwavering support for the community, making the party an unequivocal success.

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