Five must-read stories—February 21

₹1,000 note to be back in new avatar, not clear when

The RBI and the government have firmed up plans to launch a new series of ₹1,000 notes shortly to replace the earlier note of similar denomination that was withdrawn from circulation following the November 8 demonetisation announcement, according to The Indian Express.

Rohith Vemula declared non-Dalit on just two of seven testimonies

A new inquiry that recently declared Hyderabad Central University scholar Rohith Vemula an OBC and not a Dalit, as certified by a previous probe, went by the testimonials of only two people, rejecting the views of five others interviewed, a Hindustan Times investigation has revealed.

Centre not for terming Pakistan a ‘terror state’

The Centre will oppose a Private Member’s Bill moved in the Rajya Sabha recently seeking to declare countries like Pakistan “terror states,” reports The Hindu. Independent MP Rajeev Chandrasekhar had moved The Declaration of Countries as Sponsor of Countries as Sponsor of Terrorism Bill, 2016 to impose legal, economic and travel sanctions on citizens of countries which promote terror.

Despite demonetisation, dirty cash flows for elections

Demonetisation appears to have failed to arrest cash flow in the ongoing assembly polls with cash seizures witnessing a massive jump across UP, Uttarakhand, Punjab and Goa, reports The Times of India.

Demonetisation hit our sales by ₹100 crore, says Nestle India chief

FMCG major Nestlé on Monday said it has taken ₹100 crore hit on sales due to demonetisation and the sector will take another six months to overcome the impact of the government’s move to scrap old high value notes. A PTI report in Mint.