Demonetisation rumour mill

Need to dispel doubts over acceptance of ₹10 coins

May 01, 2017 12:23 am | Updated 12:23 am IST

Payment in coin

Repeated clarifications issued by the Reserve Bank of India declaring ₹10 coin as legal tender and can be used freely appears to have little impact on common public.

The rumour claiming that RBI had declared the old ₹10 coin as invalid still haunts people, mostly those purchasing petty items like vegetables. Shopkeepers and cash handling boys at petrol bunks sparring with customers over the validity of ₹10 coins has become a common sight nowadays.

There are also several complaints that traders are not accepting the coins on the pretext that fakes are in circulation. The RBI had debunked the claim stating that both the old and new ₹10 coin which does not feature the rupee symbol are valid. Time for the central bank to take up corrective measures.

(M. Rajeev)

Telugu University going global

The Potti Sriramulu Telugu University is going global, which they were planning for the last several years to reach out to the Telugus across the world with their unique courses promoting Telugu language and culture.

The university has decided to tie-up with the California based University of Siliconandhra set up by Siliconandhra, a popular cultural organisation in the United States. As part of the tie-up, the university will offer certificate courses in dance and music and conduct examinations to give recognition to the certificate. The PSTU Executive Council recently approved the collaboration. Telugu language and culture lovers are happy that the varsity has at last taken a decision that should have been taken long ago. The expatriates too would be elated as their kids can be in touch with their roots.

(R. Ravikanth Reddy)

A place for power deals

Most of the power centres of the neighbouring State may be working from Vijayawada and its environs with the new capital still on the drawing board yet it is the common capital Hyderabad where all the lobbying happens.

Top honchos of A.P. Government are sparing no effort to woo investments into that area and some of the top hotels in the proximity to the international airport at Shamshabad are hosting such the places where intense talks are on to secure a factory or a development centre. A top official of a multinational software company was buttonholed when he stopped over for a couple of hours before catching a connecting international flight where the request to open a facility in A.P. was once again broached. Similarly, another top IT devices firm too is being wooed to set up its first-ever base in the country in A.P. and grapevine insists the deal was sealed here.

(V. Geetanath)

Long awaited promotions for engineers

Several chief engineers and others down the line in Irrigation Department would soon thank their stars as the State government has decided to give promotions pending for long after rationalising service-related disparities.

The Department has recently laid down guidelines for promotions and rationalisation and asked the engineers to submit their objections, if any, by May 6.

Many chief engineers in the department were discharging duties in that capacity as in-charges but drew salaries of lower level officers like superintending engineers, executive engineers and deputy executive engineers due to delay in their elevation on account of legal hurdles. It may even benefit pensioners. If all goes well, the exercise will also benefit retired engineers as their designation and monetary benefits at the time of superannuation may have to be revised.

(B. Chandrashekhar)

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