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Thiruvananthapuram: Kerala Chief Minister Pinarai Vijayan told the Assembly on Tuesday that the government would assist any scrutiny of accounts in cooperatives to detect black money. However, it could not countenance stalling the functioning of cooperative in the name of black money.
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Kerala Chief Minister Pinarai Vijayan and members of his Cabinet will offer a satyagraha before the Reserve Bank of India regional office here on Friday morning to highlight the crisis in cooperative sector following demonetisation of Rs. 500 and Rs. 1000 notes.
The Chief Minister said that refusal of the Centre to allow the cooperative banks to deal in demonetised currency had hit the working of the cooperatives. This would lead to collapse of Kerala’s economy.
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erala Finance Minister T. M. Thomas Isaac said in the Assembly on Wednesday that demonetisation of currency would lead to accentuation of economic recession.
The drop in availability of money up to December 30 would lead to reduction in trade, the Finance Minister said in a statement in the Assembly.
The House protested against remark of BJP general secretary that Kerala was a centre of hawala transactions and that was why the Kerala Finance Minister was opposing action taken by the Centre.
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The Opposition walked out of the Assembly on Friday in protest against the police handling of gang rape of woman by a CPI (M) councillor and his friends at Wadakkancherry and other atrocities against women in different parts of the State.
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Kerala Assembly unanimously adopted a substantive motion on Thursday urging the Centre to replace old and worn-out coaches and defective rails.
The motion, moved by Minister for Public Works G. Sudhakaran at the end of a discussion initiated by T. A. Ahammed Kabeer (Muslim League) , also called upon the Centre to ensure safety of women travelling by train and fill up vacancies of technical staff in the railways to ensure safety.
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