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Archive for November, 2016

D.K. Ravi committed suicide, concludes CBI

By The Hindu On November - 25 - 2016 ADD COMMENTS

Twenty months after the death of IAS officer D.K. Ravi (34) in March 2015, the Central Bureau of Investigation has filed a closure report with the Assistant Commissioner calling it “suicide due to personal reasons”.

According to sources, a team of officials, who conducted a probe, filed a 90-page report with Assistant Commissioner D.B. Natesh.

The CBI took over the case to ascertain whether it was a homicide. The handing over of the case to the Central agency was preceded by a political storm in Karnataka, with the Opposition accusing the State government of trying to protect those behind the 2009-batch IAS officer’s death.

However, the CBI’s probe concluded that there was no foul play, and the death was from asphyxiation due to hanging. It said that the suicide was due to personal reasons and hence there would not be any FIR filed, sources confirmed.

Sources said the report had been submitted to Mr. Natesh who, in turn, would file the same with the Madiwala police station to close the case.

Exchange of old Rs 500, Rs 1000 notes to continue at RBI counters

By hindustan times On November - 25 - 2016 ADD COMMENTS

Exchange of old Rs 500 and Rs 1000 currency notes, stopped at banks from Thursday midnight, will be allowed at the Reserve Bank of India (RBI) counters, a statement released on Friday by the central bank said.

“The Reserve Bank of India advises members of public that exchange of banknotes in Rs 500 and Rs 1,000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank up to the current limits per person as hitherto,” the statement said.

The government had announced on Thursday that the demonetised 500 and 1,000 rupee notes can no longer be exchanged at bank counters and any holdings will necessarily have to be deposited in bank accounts.

No changes were announced regarding the deposit of these high value notes in banks accounts, deadline for which remains December 30. People will need to furnish their PAN card details if the total deposit amounts to over Rs 2.5 lakh after December 30.

In a shock announcement on November 8, Prime Minister Narendra Modi said that Rs 500 and 1,000 banknotes were being withdrawn from circulation in a bid to crack down on corruption and counterfeit currency .

However, a string of measures were deployed to mitigate public inconveniences resulting from the ban on the two high-value banknotes, which account for 86% of the currency in circulation in the country.

People are allowed to make ATM cash withdrawals up to Rs 2,500 per day and Rs 2,000 from select fuel pumps of state-owned oil companies. A savings account holder can withdraw up to Rs 24,000 per week from banks. Current account holders can also withdraw up to Rs 50,000 a week, provided it has been in operation for at least three months.

NSUI seeks ban on Goa casinos

By pti On November - 25 - 2016 ADD COMMENTS

Panaji, Nov 25 (PTI) National Students’ Union of India (NSUI) has passed a resolution in its national executive here demanding a ban on onshore and offshore casinos in Goa and the gambling activity allowed on their premises.

The student wing of Congress also passed a resolution to fight against the alleged attempts of BJP and RSS to destroy the social fabric of the country in its three-day conclave concluded on Wednesday.

“The meeting passed educational, economic and political resolutions that include the fight against BJP and RSS’ deliberate attempts of trying to destroy the social fabric of India,” NSUI president Amrita Dhawan told reporters last night.

She alleged that the BJP-led state government had gained notoriety for its frequent U-turns on the promises made to people.

“One of the major poll promises of BJP during the 2012 elections was abolition of casinos in Goa. That has not happened. On the contrary, we can see BJP adding to the list of casinos,” she alleged.

“We demand that casinos should be banned in order to keep the issues arising out of gambling addiction under control. We also resolve to fight against casinos till they are banned,” Dhawan said.

The NSUI president claimed that the growing menace of drugs was another important issue as it had brought students on the “verge of distress”.

Dhawan alleged drugs are in “public circulation and consumption” in the coastal state.

“The authorities are doing absolutely nothing about it (to check spread of drugs). We resolve to continue fighting against drugs till they are completely wiped out of the state,” she said.

Dhawan alleged that there was a lot of “unrest and anger” amongst the students’ communities in the country in the last two years over “BJP and RSS’ attempts to take over educational institutions”.

“As the country’s largest and most responsible student organisation, we are concerned about the infiltration of RSS’ ideology into the education system by the ruling BJP government aggressively,” she claimed.

PM ‘spreading lies’ on demonetisation: Mamata

By pti On November - 25 - 2016 ADD COMMENTS

Kolkata, Nov 25 (PTI) Accusing Prime Minister Narendra Modi for “spreading lies” on the demonetisation issue, West Bengal Chief Minister Mamata Banerjee today claimed that Rs 1.28 lakh crore have been lost forever due to the scrapping of Rs 500 and Rs 1000 notes.

“Shocking that Rs 1.28 lakh crore have been lost forever due to note-ban only in ‘transactions’ in the country, says CMIE, top research body. World-famous Moody’s says ‘note ban will badly disrupt economic activity’,” Banerjee said in a statement here.

“Common people are suffering miserably while Modi Ji is relaxing and spreading lies,” she said.

Claiming that the Opposition has united in the movement against demonetisation, Banerjee yesterday said any movement was bound to succeed if people were involved in a massive way.

Let farmers buy seeds with old notes, says Agriculture Minister; Finance says no

By indian express On November - 18 - 2016 ADD COMMENTS

While allowing farmers to draw up to Rs 25,000 per week against crop loans, the Finance Ministry has turned down the request of the Agriculture Ministry to permit farmers to purchase seeds using demonetised currencies of Rs 500 and Rs 1,000.

At a meeting on Tuesday, the Department of Economic Affairs cited the surge of deposits in Jan Dhan accounts to counter Agriculture’s request for allowing demonetised currencies for seed purchase. It argued that this may become a conduit to offload black money.

It said that since 16 crore Jan Dhan accounts were already active in the rural sector, these could be used by farmers to exchange currency or withdraw cash for buying seeds and fertilisers.

Mohan Singh on November 15 wrote to Finance Minister Arun Jaitley seeking exemptions available to airlines, railways, petrol pumps and hospitals for all government-run seed agencies to sell seeds for rabi crop until November 24.

Long queues outside banks a ‘serious issue’, says SC

By pti On November - 18 - 2016 ADD COMMENTS

New Delhi, Nov 18 (PTI) The Supreme Court today dubbed as a “serious issue” the long queues outside banks and post offices and expressed its reservation on the Centre’s plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.

“It is a serious issue which requires consideration,” a bench comprising Chief Justice T S Thakur and Justice A R Dave said, while asking the parties to be ready with data and other issues in writing.

“Some measures are required. See the kind of problems people are facing. People have to go to the high court. If we shut them from going to the high court, how can we know the magnitude of the problem. People going to different courts indicates the magnitude of the problem,” the bench said.

It made the remarks as Attorney General (AG) Mukul Rohatgi submitted that any matter relating to challenge to the demonetisation issue be heard by the apex court only.

However, the bench said, “People are affected. People are frantic. People have the right to approach the courts,” noting that there are difficulties and “can you (the Centre) dispute”.

The AG said there is no dispute, but the queues are getting shorter and even suggested that the CJI can go out during lunch and himself look at the queue.

“Kindly go in the lunch time,” the AG told the bench and took objection to senior advocate Kapil Sibal, appearing for a private party, for allegedly exaggerating the situation.

“It’s a political attempt in the court. I have seen your (Sibal’s) press conference also. You are not appearing for a political party, but for an advocate. You are turning the apex court into a political platform,” Rohatgi said.

At the outset, the bench questioned the relief measures undertaken by the Centre by saying, “Last time you said there will be relief for people in the coming days but you have squeezed the exchange limit to Rs 2,000 only.”

“What is the difficulty? ” the bench asked Rohatgi.

The AG explained the situation by stating that after printing, the currency has to be moved to thousands of centres across the country and ATMs have to be re-calibrated.

“There is no shortage of funds,” he said.

After Trump’s win, hijab-clad Muslim students targeted on California campuses

By hindustan times On November - 11 - 2016 ADD COMMENTS

Authorities at two universities in California said Thursday police were investigating attacks against female Muslim students, one of which was described as a hate crime.

Both attacks came on Wednesday, the day after Donald Trump was elected president at the end of a campaign during which the Republican was criticized for divisive and inflammatory language against Muslims.

In one of the incidents, two assailants confronted their victim at San Diego State University and “made comments about President-elect Trump and the Muslim community,” according to campus police.

The woman had her purse, backpack and car keys stolen. She went to get help and returned to the scene with police officers, only to find her car had been stolen, police spokesman Ronald Broussard said.

The case was being investigated as a suspected hate crime as well as a strong-arm robbery and auto theft, Broussard said.

“Comments made to the student indicate she was targeted because of her Muslim faith, including her wearing of a traditional garment and hijab,” university president Elliot Hirshman and interim police chief Josh Mays said in a joint statement.

San Jose State University police said in a statement they were investigating a similar attack against a female student at a campus parking garage.

A male assailant approached the victim from behind, pulling at the victim’s head scarf, choking and throwing her off balance, according to the statement circulated to students on Wednesday.

“Campus officials are closely monitoring the situation as the investigation continues. No arrests have been made,” university spokeswoman Pat Harris said in an emailed statement to AFP.

“We are, of course, very concerned that this has occurred on our campus. No one should experience this kind of behavior at San Jose State,” she added.

New York University’s Muslim Students Association issued a statement on Wednesday saying engineering undergraduates had arrived that morning to find “Trump” scrawled on the door of their prayer room.

The organization said members were “realizing that our campus is not immune to the bigotry that grips America.”

A Muslim student at the University of Louisiana at Lafayette told police on Wednesday that she was attacked by two men, one of whom was wearing a white hat emblazoned with “Trump.”

Local media reported a police statement on Thursday however alleging that the girl had made up the attack.

The Lafayette Police Department did not immediately respond to a request for comment.

Man who went to deposit Rs 5 lakh cash falls to death

By pti On November - 11 - 2016 ADD COMMENTS

Thalassery (Ker), Nov 11 (PTI) A 48-year-old man, who came to deposit Rs five lakh worth scrapped high denomination notes in a bank here, died after he fell down from the second floor of the building today, police said.

Unni, a Kerala State Electricity Board employee, was filling the necessary forms to deposit the amount in the State Bank of Travancore’s branch, located in the first floor, when the mishap occurred, they said quoting preliminary information.

He had unsuccessfully tried to deposit the notes yesterday and came to the bank again this morning.

There was heavy rush of customers to deposit the demonetised Rs 1,000 and Rs 500 notes today also.

Don’t panic, your hard earned money safe: Govt assures people

By pti On November - 11 - 2016 ADD COMMENTS

New Delhi, Nov 11 (PTI) Assuring people that their hard earned money is safe, the Finance Ministry today said there is no need to panic and depositing junked Rs 500/1,000 notes of up to Rs 2.50 lakh in bank accounts will not be reported to the tax department.

It also cautioned people against depositing the money of unknown people in their own accounts or falling prey to cheats, thugs and rumour mongers.

Besides, the ministry said, farm income continues to remain tax free and can be easily deposited in bank.

Small businessmen, housewives, artisans, workers can also deposit cash in their accounts without any apprehensions, it added.

“Deposits up to Rs 2.50 lakh will not be reported to the Income Tax department. There will be no harassment or investigation. All honest citizen need not worry. Farmers’ income is tax free and can be easily deposited in bank,” the ministry said in newspaper ads.

In its biggest crackdown ever on black money, the government on Tuesday night announced demonetisation of Rs 500 and Rs 1,000 notes and asked people holding such notes to deposit in bank accounts.

Since yesterday people have been thronging banks amid concerns among people over exchanging and depositing the scrapped high denomination currency.

People can deposit old Rs 500 and Rs 1,000 notes in their accounts till December 30, 2016, without any limit.

Restrictions have been imposed on withdrawal limit and people can withdraw up to Rs 10,000 per day or Rs 20,000 per week.

This limit will be reviewed after few days.

Besides, old notes up to Rs 4,000 can be exchanged at any bank or post office till November 24, 2016, by showing photo ID proof.

ATMs can be used to withdraw up to Rs 2,000 per day per card till November 18 and Rs 4,000 from November 19 onwards.

This limit too will be reviewed subsequently.

The ministry also advised people to make payments using cheques, demand drafts, debit or credit cards and electronic fund transfers and there is no restriction on such transaction

Six from Mysuru appointed chairpersons of boards

By The Hindu On November - 4 - 2016 ADD COMMENTS


The long-awaited appointments to Boards and Corporations finally happened with six from Mysuru, the home district of Chief Minister Siddaramaiah, becoming chairpersons. Among the appointees, two are MLAs.

Venkatesh, Periyapatna MLA, surprised political circles here with his appointment as chairperson of Bangalore Development Authority. The position had been held by the Chief Minister since the last three years.

M.K. Somashekar, who represents the Krishnaraja constituency, was appointed chairman of Karnataka Silk Industries Corporation. Incidentally, the silk weaving factory falls in his constituency.

R. Dhruvakumar was appointed chairman of the Mysore Urban Development Authority. Congress spokesperson H.A. Venkatesh, who earlier served as syndicate member of University of Mysore, was appointed to Mysore Paints and Varnishes Ltd. (MPVL).

Mallige Veeresh, who has served as chairperson of MPVL in the past, was appointed to the Zoo Authority of Karnataka as its chairperson. Former Deputy Mayor Siddaraju was appointed to Karnataka Exhibition Authority. Puttaranga Shetty, MLA, was appointed to Karnataka Road Development Corporation.

Mr. Venkatesh, who is also the Congress spokesperson, told The Hindu that official communication on the appointments had been received by all on Thursday. Thanking the Chief Minister and KPCC president G. Parameshwar, Mr. Venkatesh said he would strive for the growth of MPVL. MPVL is considered the one of its kind in the country to manufacture voters’ ink. Nalwadi Krishnaraja Wadiyar, the erstwhile Mysore king, had established it in 1937.

While Mr. Venkatesh will assume charge on Monday, Ms. Veeresh, Mr. Dhruvakumar and Mr. Siddaraju are expected to take charge on Friday.

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