Ever since the government in a surprise move froze the circulation of Rs 500 and Rs 1000 currency notes last week, long waiting lines have become the norm outside ATMs. To be fair, the government has announced a raft of measures intended to ease the pain for the common man.
Demonetisation is a good move but implementation has been disastrous, says Former Additional Solicitor General of India, Biswajit Bhattacharya. The rural and agriculture sector has come to a stand still due to this move.
Transport Minister Nitin Gadkari is scheduled to meet Finance Minister Arun Jaitley tomorrow to take forward the proposed plan to modernise the country's vehicle fleet by scrapping the old ones.
"We will put the vehicle scrapping policy on website within a week to seek suggestions and based on that we will seek Finance Ministry's approval. Once approved, it will be sent for the Cabinet nod," Gadkari told PTI in an interview.