Sun, Mar 26, 2017 | updated 09:02 AM IST

Ordinance to penalise persons with old notes will prevent hoarding of scrapped currency: BJP

Updated: Dec 29, 2016 08:32 IST
Bengaluru (Karnataka) [India], Dec. 29 (ANI): The Bharatiya Janata Party (BJP) has said that the ordinance to make possession of a large number of scrapped banknotes a penal offence, making holding of old Rs. 1,000 and 500 notes after 31st March beyond a threshold amount a criminal offence, has been brought in order to prevent the hoarding of such notes.

"There may be instance where people hoarded and still continued to exchange them. In order to prevent such illegal activity, this ordinance has been brought," BJP leader S. Prakash told ANI.

"I hope by 31st March not a single note will remain for exchange," he added.

Prakash said being an opposition party raising issues is their duty and they are doing it every day despite not receiving any public support for their issues.

He said Parliament is the forum where every question has to be answered by the government and it will be aptly replied.

Responding to Rahul Gandhi's allegations that Prime Minister Narendra Modi has sacrificed the common man in 'yagna' against black money, Prakash said , "Rahul Gandhi must understand that without the support of common man, the demonetisation scheme would not have been possible to implement. Unfortunately, he is far away from ground reality."

He said that the Congress had let down the 'Aam Aadmi' during their 10 year rule.

"Congress ka Haath, Aam Admi ke Saath, they held the haath of corruption and many scandals were exposed during their term then," Prakash said asking Rahul Gandhi would he answer that first.

The Cabinet on Wednesday had approved promulgation of an ordinance to make possession of a large number of scrapped banknotes a penal offence making holding of old Rs. 1,000 and 500 notes after 31st March beyond a threshold amount a criminal offence.

The possession will attract a monetary fine of Rs. 10,000 or five times the cash held, whichever is higher. The Specified Bank Notes Cessation of Liabilities Ordinance also provides for amending the Reserve Bank of India Act to provide legislative support for scrapping the demonetised banknotes that are not returned.

The last date for depositing old currency notes in bank accounts and post offices is expiring on Friday and thereafter, people can deposit such notes only in the RBI after giving valid reason for being unable to do so during the 50 day period as announced by Prime Minister Narendra Modi on November 8.

Furnishing wrong information while depositing the old currency between January 1 and March 31 will attract a fine of 5,000 rupees or five times the amount.

The ordinance will come into force once it gets Presidential assent.

Of the 15.4 lakh crore rupees worth of currency that was scrapped, about 14 lakh crores rupees has been deposited in banks or has been exchanged. (ANI)

Muzaffarnagar (Uttar Pradesh) [India], Mar. 26 (ANI): In what could spark a fresh controversy, Bharatiya Janata party (BJP) MLA Vikram Saini has said that he would break limbs of those disrespecting and killing cows.

Full Story >>

Bengaluru (Karnataka) [India], Mar. 26 (ANI): While backing Uttar Pradesh Chief Minister Yogi Adityanath remark on anti-Romeo squads, the Bharatiya Janata Party (BJP) on Sunday said that the former's remark was very significant and it clarified that innocent people would not be troubled with this initiative.

Full Story >>

Chennai (Tamil Nadu) [India], Mar. 26 (ANI): As the State Election Commission (SEC) of Tamil Nadu is yet to announce the date of polls for the local body elections, the Congress Party on Sunday urged the former to conduct the polls before May.

Full Story >>

New Delhi [India], Mar. 26 (ANI): Mocking at Bharatiya Janata Party (BJP) president Amit Shah for his speech made in the national capital in the wake of the upcoming MCD polls, the Congress Party on Sunday said that the former should first evaluate themselves, before pointing out the mistakes of others.

Full Story >>

New Delhi [India], Mar. 26 (ANI): As the Delhi Court put Chief Minister Arvind Kejriwal on trial in connection with the Delhi and District Cricket Association (DDCA) criminal defamation case filed by Union Finance Minister Arun Jaitley, the Bharatiya Janata Party (BJP) on Sunday said that the former doesn't have any proofs to justify the illegal charges made by the former.

Full Story >>

Jabalpur (Madhya Pradesh) [India], Mar. 25 (ANI): The fire at the Ordnance Factory here, which injured at least six people while more were fear trapped, was completely brough under control by late yesterday night.

Full Story >>

TV actor Parth Samthaan accused of molestation

Updated: Mar 26, 2017 07:15 IST

New Delhi [India], Mar. 26 (ANI): Popular Indian television actor Parth Samthaan, who became a household name with the success of the show 'Kaisi Yeh Yaariyan', has been embroiled in another controversy.

Full Story >>

Patna (Bihar) [India], Mar. 26 (ANI): The Bharatiya Janata Party (BJP) on Sunday dubbed the hike in power tariff in the state as an 'anti-people' step and said that they would start a movement against the same.

Full Story >>

Abu Road (Rajasthan) [India], Mar. 26 (ANI): Thousands of dignitaries from all over the country have arrived here to take part in the 80th anniversary celebrations of the Brahma Kumaris, which is expected to be inaugurated by Prime Minister Narendra Modi today.

Full Story >>

Dehradun (Uttarakhand) [India], Mar. 26 (ANI): Newly-elected Uttarakhand Chief Minister Trivendra Singh Rawat on Friday wrote to the Centre demanding a Central Bureau of Investigation (CBI) enquiry in the NH-74 scam.

Full Story >>

New Delhi [India], Mar. 26 (ANI): Prime Minister Narendra Modi will share his thoughts on a number of themes and issues in the 30th edition of his radio address programme 'Mann ki Baat' today.

Full Story >>

Chennai (Tamil Nadu) [India], Mar.25 (ANI): All India Anna Dravida Munnetra Kazhagam (AIADMK) deputy general secretary and a candidate of former general secretary V.K. Sasikala faction, TTV Dinakaran on Saturday campaigned for RK Nagar by-poll sporting their election symbol 'hat.'

Full Story >>

Srinagar [India], Mar.25 (ANI): Commending alertness and high morale of all troops deployed in Srinagar Valley, Northern Army Commander Lieutenant General D. Anbu on Saturday stressed upon the need to sustain vigil and thwart any attempts of infiltration from across.

Full Story >>

Tekanpur (Madhya Pradesh) [India], Mar. 25 (ANI): Union Home Minister Rajnath Singh on Saturday met family of visually impaired Border Security Force (BSF) Assistant Commandant Sandip Mishra who lost his eye sight during ambush in 2000.

Full Story >>

New Delhi [India], Mar.25 (ANI): Hitting out at Rajinikanth, the Bharatiya Janata Party (BJP) on Saturday dubbed the former as a 'coward' for cancelling his proposed visit to Sri Lanka while Congress backed the actor.

Full Story >>

New Delhi [India], Mar.25 (ANI): The Income Tax department on Saturday seized Rs. 1.25 crore in new currency notes from three vehicles in Delhi's Seelampur.

Full Story >>

Jabalpur (Madhya Pradesh) [India], Mar.25 (ANI): At least six people got injured and more feared trapped after a major fire broke out at ordnance factory in Madhya Pradesh's Jabalpur.

Full Story >>

Gaikwad should have kept calm: Shiv Sena

Updated: Mar 25, 2017 21:00 IST

Mumbai (Maharashtra) [India], Mar. 25 (ANI): Criticizing Shiv Sena MP Ravindra Gaikwad for manhandling an Air India staff, the party on Saturday said the former should have kept calm and should not indulge into brawl.

Full Story >>

Jaipur (Rajasthan) [India], Mar. 25 (ANI): Taking cognizance of the Bikaner sexual assault case, Rajasthan Home Minister Gulab Chand Kataria dubbed it a serious offence, saying that it should not be overlooked.

Full Story >>

UP cop suspended for consuming tobacco

Updated: Mar 25, 2017 20:25 IST

Lucknow (Uttar Pradesh) [India], Mar. 25 (ANI): In what may come as a shock for many, SO Nagesh Mishra of Madiyaon Police Station was on Saturday suspended after he made everyone swear to a vow of cleanliness while he was consuming tobacco.

Full Story >>