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: 27-03-2026
Notification No. 05/2026-Central Excise
Corrigendum to Notification No. 06/2026-Central Excise dated 26.03.2026

Date: 27-03-2026
Corrigendum
Corrigendum to Notification No. 11/2026-Central Excise dated 26.03.2026

Date: 26-03-2026
Notification No. 11/2026-Central Excise
Seeks to prescribe rates of Road and Infrastructure Cess for petrol and diesel, when cleared for exports

Date: 26-03-2026
Notification No. 12/2026-Central Excise
Seeks to amend notification No.4/2019-Central Excise to exclude the provisions of the notification on petrol and diesel when cleared for exports.

Date: 26-03-2026
Notification No. 13/2026- Central Excise
Seeks to rescinderst while notification

Date: 26-03-2026
Notification No. 06/2026-Central Excise
Seeks to levy Special Additional Excise Duty on export of petrol and diesel.

Date: 26-03-2026
Notification No. 07/2026-Central Excise
Seeks to amend the Eighth Schedule to Finance Act, 2002 to insert Aviation Turbine Fuel in the Schedule and prescribe Special Additional Excise Duty on it

Date: 26-03-2026
Notification No. 8/2026-Central Excise
Seeks to prescribe an effective rate of Special Additional Excise Duty on Aviation Turbine Fuel when cleared for exports

Date: 26-03-2026
Notification No. 9/2026-Central Excise
Seeks to exempt Aviation Turbine Fuel from whole of Special Additional Excise Duty except when cleared for exports

Date: 26-03-2026
Notification No. 10/2026-Central Excise
Seeks to exempt applicable basic excise duty and Agriculture Infrastructure and Development Cess on petrol and diesel and basic excise duty on Aviation Turbine Fuel, when cleared for exports



Exim Guru Copyright © 1999-2026 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