Bank accounts

B.S. Sathyanarayan, the Accounts Officer of the Auroville Foundation, informed the community on 2 March about the commencement of a centralised common accounting system for the Auroville Foundation, its trusts, units and projects.

Satprem set up and is deeply involved with the Auroville Earth Institute (AVEI), which has become one of the world’s foremost centres for excellence in earthen architecture, and a leader in the research, development, promotion and transfer of earth-based building technologies.

On the evening of 8th November, the Government of India announced that Rs 500 and Rs 1,000 banknotes would no longer be legal tender from midnight.