Cash crunch: SC asks Centre to spell out steps to ease inconvenience
The Supreme Court yesterday asked the Centre to spell out measures taken
Many shops don’t accept the demonetised notes. Pic/AFP
New Delhi: The Supreme Court yesterday asked the Centre to spell out measures taken to ease the sufferings and inconvenience of people in rural areas, who are mostly dependent on co-operative banks, post-demonetisation.
A bench of Chief Justice T S Thakur and Justice D Y Chandrachud, while hearing a batch of pleas challenging various aspects of demonetisation, said all the parties should sit together and prepare a list of categories of cases which could be referred to high courts and those that could be heard by the apex court
Attorney General Mukul Rohatgi, appearing for the Centre, said that the government is aware of the situation in co-operative banks which lack proper infrastructure and mechanism as compared to scheduled banks. Senior advocate P Chidambaram, appearing for co-operative banks, questioned the government's decision, saying that the rural economy is almost paralysed due to non-inclusion of co-operative banks. Senior advocate Kapil Sibal, appearing for one of the petitioners, suggested that they sit together and file the list of categories.
The bench then posted the hearing on the matter to December 5. Meanwhile, Parliament failed to transact any business again yesterday, the 12th consecutive day over the issue.
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