Rs 2,000 notes to be phased out within 5 years: RSS ideologue

December 13, 2016

New Delhi, Dec 13: RSS ideologue S Gurumurthy, who is among those who are regularly consulted by Prime Minister Narendra Modi since demonetisation, has said the new Rs 2,000 notes will be phased out within the next five years.

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Gurumurthy, who is addressing meetings in the city in support of the note ban, said in a TV interview that the government is “committed” to moving towards smaller-denomination notes, and high-denomination notes would be done away over a period of time.

Gurumurthy’s observation has come in the wake of reports of seizure of more than Rs 70 crore of new Rs 2,000 notes in Karnataka, Tamil Nadu, Gujarat and Delhi since November 10 when they were released.

Since then, Modi has been under attack from the Opposition leaders for introducing
the Rs 2,000 notes.

Gurumurthy, who is a chartered accountant, is said to have been asked by the prime minister to help BJP ministers and others to counter the Congress leaders.

This was after former prime minister Manmohan Singh spoke on the adverse impact of demonetisation in the Rajya Sabha. Singh described demonetisation, which is being hailed as a “masterstroke” by Modi , as an “organised loot and legalised plunder” and “monumental mismanagement”. Gurumurthy said the Rs 2,000 notes were “only a bridge” as the government had to bring it in place of the old
Rs 1,000 notes.

I-T dept recovers Rs 1.56 cr from bank

In one of the biggest seizures in Rajasthan so far, the Income Tax department has seized cash and jewellery worth Rs 2.02 crore from a cooperative bank, DHNS reports from Jaipur.

Of the seized amount of Rs 1.56 crore, Rs 1.38 crore was in new Rs 2,000 notes. On Sunday, I-T officials had raided the offices of St Wilfred College and the residence of Keshav Badaya, secretary of St Wilfred Education Society and chairman of the Integral Urban Co-operative Bank. Later, on Monday, it seized unaccounted-for gold jewellery worth Rs 45 lakh from two lockers of the Sodala branch of the bank, which it raided the day before.

“After recovering the unaccounted-for Rs 1.56 crore notes, we found that Rs 1.38 crore was in new currency. The notes were numbered in a serialised manner, which indicates that they were obtained from another bank,” an I-T official said.

Discounts on digital purchase

Customers buying petrol and diesel from PSU outlets using credit and debit cards will get a rebate of 0.75% from the intervening night of Monday and Tuesday, DHNS reports from New Delhi.

This is part of several incentives announced by the government last week to encourage the use of digital payments.

“As a part of these initiatives, to promote cashless transactions, the Government of India has announced to incentivise petrol/diesel customers transacting at PSU petrol pumps by way of 0.75% discount when a customer uses debit/credit cards, mobile wallets and prepaid loyalty cards,” India’s largest oil retailer IOC said in a statement.

‘Continue stir against note ban’

Bahujan Samaj Party supremo Mayawati asked her party leaders to build up agitation against the note ban issue, and be in the forefront in opposing the BJP in Uttar Pradesh, DHNS reports from Lucknow.

In a meeting of BSP office bearers in Delhi last week, Mayawati, however, told her leaders that they should not be seen siding with the Samajwadi Party (SP) over demonetisation. She also asked her partymen to make every effort to isolate the SP.

Since Uttar Pradesh is going to polls early next year, Mayawati does not want to let go of the currency crisis to corner the BJP.

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April 25,2024

EVM.jpg

Electronics Corporation of India Ltd and Bharat Electronics Ltd have refused to disclose the names and contact details of the manufacturers and suppliers of various components of EVMs and VVPATs under the RTI Act citing "commercial confidence", according to RTI responses from the PSUs to an activist.

Activist Venkatesh Nayak had filed two identical Right To Information applications with the ECIL and BEL, seeking the details of the manufacturers and suppliers of various components used in the assembling of the electronic voting machines (EVMs) and voter-verifiable paper audit trail (VVPATs).

The VVPAT is an independent vote verification system which enables electors to see whether their votes have been cast correctly.

The ECIL and the BEL, public sector undertakings under the Ministry of Defence, manufacture EVMs and VVPATs for the Election Commission.

Nayak also sought a copy of the purchase orders for the components from both PSUs.

"Information sought is in commercial confidence. Hence details cannot be provided under Section 8(1)(d) of the RTI Act," BEL said in its response.

A similar response was sent by ECIL which said the details requested are related to a product which is being manufactured by ECIL, and third party in nature.

"Disclosing of details will affect the Competitive position of ECIL. Hence, Exemption is claimed under section 8(1) (d) of RTI ACT, 2005," it said.

In response to the purchase order copies, ECIL's central public information officer said the information is "voluminous" which would disproportionately divert the resources of the Public Authority.

"Further, the information will give away the design details of EVM components. The same may pose a danger to the machines produced. Hence, the exemption is claimed U/s 7(9) and under section 8(1)(d) of RTI Act, 2005," ECIL said.

Section 8(1)(d) of the RTI Act exempts from disclosure the information, including commercial confidence, trade secrets or intellectual property, the disclosure of which would harm the competitive position of a third party, unless the competent authority is satisfied that larger public interest warrants the disclosure of such information.

Section 7(9) of the Act says the information shall ordinarily be provided in the form in which it is sought unless it would disproportionately divert the resources of the public authority or would be detrimental to the safety or preservation of the record in question.

"I don't know whose interests they are trying to protect against the right to know of close to a billion-strong electorate. ECIL said that disclosure of the purchase orders will reveal the design details of the components and this may pose a danger to the machines produced. ECIL did not upload even a signed copy of its reply on the RTI Online Portal," Nayak said.

He said it is reasonable to infer that the two companies are not manufacturing every single item of the EVM-VVPAT combo or else the two companies would have replied that they are manufacturing all these components internally without any outsourcing being involved.

"But the electorate is expected to take everything about the voting machines based on what the ECI is claiming in its manuals and FAQs," Nayak said.

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May 8,2024

sampitroda.jpg

Congress leader Sam Pitroda has stepped down from the post of Chairman of the Indian Overseas Congress and his resignation was accepted by the party. Congress leader Jairam Ramesh took to X and announced that Sam Pitroda had decided to resign from the key post "of his own accord".

Pitroda had been under fire over his controversial remark that Indians in the East resemble the Chinese while those in the South look like Africans.

"We could hold together a country as diverse as India -- where people on East look like Chinese, people on West look like Arab, people on North look like maybe White and people in South look like Africans. It doesn't matter. We are all brothers and sisters," Pitroda said during an interview with The Statesman.

The Congress immediately distanced itself from Pitroda's remarks, terming them "unacceptable".

"The analogies drawn by Mr Sam Pitroda in a podcast to illustrate India's diversity are most unfortunate and unacceptable. The Indian National Congress completely dissociates itself from these analogies," Jairam Ramesh said in a post on X.

The BJP also hit out at the Congress over Pitroda's remarks and termed them "racist and divisive".

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April 26,2024

Palakkad: Three voters from Palakkad, Malappuram and Alappuzha, and a polling agent in Kozhikode died in seperate incidents in Kerala on Friday.

A man collapsed and died after casting his vote at Vani Vilasini in Chunangad, Ottapalam here on Friday. The deceased Chandran (68) hailed from Modernkattil  in Chunangad. Though rushed to the Ottapalam taluk hopsital, he was declared dead on arrival. Palakkad had recorded a high temperature of 40 degree Celsius on Thursday.

A Madrassa teacher, who came home after voting, collapsed and died. The deceased Alikkannakkal Tharakkal Siddhique (63) was the first voter at the polling station in Vallikkanjiram School at Niramaruthur Grama Panchayat in Tirur.

Kakkazham Veiliparambu Somarajan (82), who voted and returned home from the Kakkazham SN VT High School in Alappuzha also collapsed and died. He was a voter from booth 138.

In another instance, a polling agent died after collapsing at a booth in Kuttichira, Kozhikode on Friday. Maliyekkal Anees (66), a retired KSEB engineer from Haluwa Bazaar, was LDF's polling agent at the 16th booth in Kuttichira Government Vocational Higher Secondary School. He collapsed while doing his duty in the polling booth by 8.30 am. Though rushed to the Government General Hospital, he died by 9.15am. He is survived by wife Adakkani Veettil Zereena, childrens  Fayis Ahammed, Fadhil Ahammed, Akhil Ahammed and Bilal Ahammed.

A man also died in bike accident en route to polling booth in Malappuram on Friday. The deceased is Saidu Haji (75) of Neduvan. The bike rammed a lorry near BM School in Parappanangadi.

Polling began at 7am in all 20 Lok Sabha constituencies in Kerala on Friday. 

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