In Tamil Nadu, OPS quake rat­tles Sasikala’s fortress Cash with­drawal lim­its to be lifted from Mar 13 BEYOND LIM­ITS

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - KV Lak­sh­mana klak­sh­mana@htlive.com HT Cor­re­spon­dent letters@hin­dus­tan­times.com Pranab Jy­oti Bhuyan pranab.bhuyan@hin­dus­tan­times.com

A late-night re­volt has turned into a full-blown war in the rul­ing AIADMK.

Tamil Nadu’s care­taker chief min­is­ter O Pan­neer­sel­vam on Wed­nes­day or­dered an in­quiry into the death of his men­tor J Jay­alalithaa, in­ten­si­fy­ing a high­stakes re­volt against AIADMK gen­eral sec­re­tary VK Sasikala whose po­ten­tial el­e­va­tion to the top post has sparked a po­lit­i­cal cri­sis in the state.

Sasikala, Jay­alalithaa’s long-time con­fi­dante who was el­e­vated as the AIADMK’s leg­is­la­ture party leader on Sun­day to pave the way for be­com­ing the chief min­is­ter, hit back within hours, parad­ing 130-odd MLAs in a show of strength at the party head­quar­ters.

She then packed off all her MLAs into three buses and sent them off to an undis­closed lo­ca­tion — a lux­ury ho­tel — to be kept under guard lest they be sub­ject to poach­ing. This is a first in pol­i­tics for Tamil Nadu, which has only seen such scenes play­ing out across the bor­der in Kar­nataka and Andhra Pradesh and in dis­tant UP or Haryana.

How­ever, pos­si­bil­i­ties of her swear­ing-in im­me­di­ately looked un­cer­tain though gov­er­nor Ch Vidyasagar Rao is likely to ar­rive in Chen­nai on Thurs­day. He is also likely to meet AIADMK lead­ers. Rao, the gov­er­nor of Ma­ha­rash­tra with ad­di­tional charge of Tamil Nadu, was in Mum­bai and is said to be con­sult­ing le­gal and con­sti­tu­tional ex­perts on how to deal with the cri­sis trig­gered by Pan­neer­sel­vam’s dra­matic, latenight an­nounce­ment on Tues­day that he was forced to re­sign by leg­is­la­tors sid­ing with Sasikala. Pan­neer­sel­vam said the in­ves­ti­ga­tion into the death of Jay­alalithaa will be headed by a re­tired high court judge. Jay­alalithaa suf­fered a heart at­tack and passed away on De­cem­ber 5 af­ter spend­ing 75 days in hos­pi­tal.

The Re­serve Bank of In­dia (RBI) said on Wed­nes­day it would re­move the cash with­drawal limit from ATMs and sav­ings ac­counts from March 13.

With­drawal limit from sav­ings bank ac­counts will be re­laxed to Rs50,000fromFe­bru­ary20­toMarch 13, af­ter which it will be re­moved.

“The lim­its on cash with­drawal from sav­ings bank ac­counts con­tinue to be in place. In line with the pace of re­mon­eti­sa­tion, it has now been de­cided to re­move th­ese lim­its in two stages,” RBI deputy gov­er­nor R Gandhi said af­ter the cen­tral bank an­nounced the sixth bi-monthly mon­e­tary pol­icy re­view on Wed­nes­day.

Sev­eral lim­its on cash withdrawals from banks and ATMs were im­posed af­ter the govern­ment’s sur­prise move to de­mon­e­tise Rs500 and Rs1,000 cur­rency notes on Novem­ber 8, 2016 that led to se­vere cash crunch.

The cen­tral bank has kept pace with the re­mon­eti­sa­tion process by grad­u­ally re­lax­ing the with­drawal lim­its. On Jan­uary 30, RBI had al­lowed with­drawal upto Rs24,000 from sav­ings ac­counts.

Seven peo­ple were killed when the car they were trav­el­ling in crashed into a tree on the Mum­bai-Goa high­way on Wed­nes­day morn­ing.

The ac­ci­dent took place around 7.30am near Khanu vil­lage, 23km from Rat­na­giri city. The vic­tims were res­i­dents of Vile Parle and Malad and were on their way to Goa. The po­lice said one per­son sur­vived the crash.“The driver seems to have lost con­trol of the ve­hi­cle and crashed it into a tree,” said Anil Bib­huti, po­lice in­spec­tor from Rat­na­giri (ru­ral) po­lice sta­tion. Bib­huti said the driver was most likely not drunk. “We sus­pect he dozed off.” All eight suf­fered se­vere head in­juries.

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