Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

How the Indian Air Force and Army fuelled the economy post demonetisaton.


Date: 29-12-2016
Subject: How the Indian Air Force and Army fuelled the economy post demonetisaton
NEW DELHI: After demonetisation, the defence forces have played their own part in the efforts to make the fresh currency available to the public at the earliest.
While Air Force has put into service its heavy transport aircraft for ferrying fresh currency to various places, the Army personnel have been deployed in at least two printing units to secure the venue and the currency.

The IAF planes have so far transported 610 tonnes of freshly-printed currency.

"We have also helped the government in running at least one of the mints 24x7 with help of our people," Air Chief Marshal Arup Raha said at a press conference here while talking about IAF's contribution to the demonetisation move.

He said the IAF has pitched in to carry cash from mints using its heavy transport aircraft and choppers.

"Large volumes of cash has been transferred from one place to another. As of today we have flown 35 sorties, and have carried about 610 tonnes of cash," he said.

Raha, who will be retiring on December 31, defended the move of roping in the IAF saying he thinks it is "perfectly alright in terms of serving the nation, the people, to overcome the difficulties that they are facing".

He said the demonetisation has been a very huge initiative taken by the government.

He said both the armed forces and the government realised that there has been lot of hardships for the people because of the non-availability of cash in the ATMs and the banks.

"We are there to serve the nation, serve the government, like HADR (humanitarian assistance and disaster relief), aid to civil authorities, be it law and order situation..." he said.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025

Date: 30-04-2025
Notification No. 27/2025-Customs
Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025.

Date: 30-04-2025
Notification No. 28/2025-Customs
Seeks to amend Notification no. 27/2011-customs dated 1 st March, 2011 and Notification No. 22/2024-Customs, dated 2 nd April, 2024 to align them with the changes made in the Second Schedule to the Customs Tariff Act.

Date: 30-04-2025
Notification No. 33/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 28-04-2025
Notification No. 24/2025-Customs
Seeks to amend List 34A and 34B of the Notification No. 50/2017-Customs dated 30.06.2017

Date: 24-04-2025
Notification No.31/2025-Customs (N.T.)
Goods Imported (Conditions of Transshipment) Regulations, 2025

Date: 23-04-2025
Notification No. 28/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 17-04-2025
Notification No. 26/2025 – Customs (N.T.)
Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 - Revision of rate of duty drawback of Gold jewellery and silver jewellery/articles



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001