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Submit records connected with 2016 demonetisation decision: SC to Centre

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The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to submit relevant records in connection with the government’s 2016 demonetisation decision for its perusal.

After hearing detailed arguments on a batch of petitions challenging the demonetisation move, a bench headed by Justice S.A. Nazeer reserved the judgment.

The bench, also comprising Justices B.R. Gavai, A.S. Bopanna, V. Ramasubramanian and B.V. Nagarathna, said: “Counsel of the Union of India and Reserve Bank of India are directed to produce the relevant records.”

Attorney General R. Venkataramani represented the Centre and senior advocate Jaideep Gupta represented the RBI, and senior advocates P. Chidambaram and Shyam Divan appeared for some of the petitioners.

Reserving the judgment on the petitions, the top court directed the parties to file written submissions by December 10.

The AG contended that he will submit the relevant records in a sealed cover.

On Tuesday, Justice Nagarathna said the courts will not go into the merits of the decision, but it can always go into the manner it was taken, two things are totally different.

“Because it is an economic policy court cannot fold its hand and sit. Merits of the decision, it is for the government in its wisdom it knows what is best for the people, but while taking that decision what was the material on record, relevant considerationsa,” said Justice Nagarathna.

Chidambaram, representing a petitioner, said the government should confidently defend the decision and also the decision-making process (involved in 2016 demonetisation), and added they should place those documents before the court.

He said that if the government were to adopt a route through Parliament, then the parliamentarians would have stopped the policy but they did not follow the legislative route.

Chidambaram submitted that the RBI Governor must be fully aware of the fact that in 1946 and 1978, the central bank opposed demonetisation and they resorted to plenary power of legislature.

“Surely the history of RBI is published by the RBI. They must be deemed to know that also,” he said, urging the court to see the documents to see whether the decision-making was fair and not arbitrary.

The Centre had told the Supreme Court that the November 2016 decision to withdraw legal tender of Rs 500 and 1,000 currency notes was one of the critical steps in the series of transformational economic policy steps and this decision was taken after extensive consultation with the RBI and advance preparations.

The Union Ministry of Finance, in an affidavit, said: “The withdrawal of legal tender character of a significant portion of total currency value was a well-considered decision. It was taken after extensive consultation with the RBI and advance preparations.”

It further added that demonetisation was also a part of larger strategy for combating the menace of fake money, terror financing, black money and tax evasion.

“The notification issued on 08.11.2016 was a major step to fight the menace of fake currency notes, storage of unaccounted wealth and financing of subversive activities,” it said.

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J&K Heading For ‘Historic’ Assembly Elections Under National Flag & Constitution: Amit Shah

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J&K Heading For 'Historic' Assembly Elections Under National Flag & Constitution: Amit Shah

Jammu, Sep 7: Union Home Minister Amit Shah on Saturday assured restoration of statehood to Jammu and Kashmir after the assembly polls, which he said are the first under the national flag and the Constitution following the abrogation of Article 370 by the Modi government.

He accused the Congress-National Conference alliance of making attempts to revive the “old system”.

The NDA government will not allow the revival of terrorism, “autonomy”, and injustice with any community including Gujjars, Pahari, Bakerwals and Dalits who were granted reservation by the BJP dispensation, he said.

Shah is in Jammu on a two-day visit to boost the BJP’s election campaign for the three-phase assembly elections, beginning September 18.

He released the party’s manifesto on his first day of visit on Friday and also chaired two crucial meetings with senior leaders to discuss the campaign strategy.

“The coming elections in J-K are historic because after Independence, the polls are happening the first time under our national flag and Constitution, unlike in the past practice of two flags and two constitutions. We have only one prime minister from Kashmir to Kanyakumari and he is Modi,” the home minister told a BJP workers’ rally here on Saturday.

Taking a dig at the National Conference-Congress alliance, Shah alleged they are trying to push Jammu and Kashmir into the fire of terrorism once again when the government has brought down terror incidents in the union territory by 70 percent.

“The National Conference and the Congress will never be able to form a government in J-K, be confident about it,” Shah told the party workers, encouraging them to ensure the success of the BJP candidates to form the next government.

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Chandrababu Naidu Narrowly Escapes As Speeding Train Passes Inches Away From Him During Flood Inspection In Vijayawada

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Andhra Pradesh Chief Minister N Chandrababu Naidu had a narrow escape while inspecting flood-affected areas in Vijayawada. On September 3, Naidu was on a small bridge evaluating the damage caused by recent floods when a speeding passenger train passed dangerously close to him. 

Naidu, along with his security personnel and officials, was standing near the railing on a narrow platform when the train whizzed by. A video of the incident has gone viral, showing the Chief Minister and his team standing just inches away from the fast-moving train. Passengers aboard the train were seen waving at Naidu as it sped past. Fortunately, no one was injured during the incident.

Situation worsens due to heavy rains

Meanwhile, the flood situation in Andhra Pradesh has worsened due to heavy rains, claiming the lives of at least 32 people.

Vijayawada and surrounding areas have been particularly hard-hit, with thousands displaced from low-lying regions.

The NTR district, which encompasses Vijayawada, has suffered the most, with 24 fatalities. Other severely affected areas include Guntur, with seven deaths, and Palnadu, with one reported death.

More than 40,000 people have been moved to relief camps across the state as water levels continue to rise. Farmers, too, have borne the brunt of the flooding, with over 2.35 lakh farmers reporting significant crop damage due to the unrelenting rains.

In response to the crisis, Andhra Pradesh Deputy Chief Minister Pawan Kalyan has donated Rs 5 crore for flood relief. His contribution is aimed at supporting recovery efforts across the state, with 400 panchayats set to receive Rs 1 lakh each.

“I will make sure these funds are directly deposited into the panchayats’ accounts, ensuring they are used for immediate flood recovery,” said Kalyan in a statement.

The Andhra Pradesh government continues to monitor the situation closely, working to provide relief and assistance to affected areas as rains persist across the region.

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PM Modi To Not Address UNGA Debate This Time, Jaishankar To Represent India

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PM Modi To Not Address UNGA Debate This Time, Jaishankar To Represent India

Prime Minister Narendra Modi will not be addressing United Nations General Assembly debate scheduled to take place later this year and India’s Minister of External Affairs S Jaishankar will be representing India instead on September 28. PM Modi will be travelling to New York though, to attend a major community event at Nassau Veterans Memorial Coliseum in Long Island. The event is slated to take place on September 22. PM Modi will also be attending United Nations’ ‘Summit of the Future’ on September 22-23. This summit is focused on global co-operation for challenges that await humanity.

The general debate of the 79th UNGA session is scheduled to be held between September 24 and September 30. The summit will see major world leaders addressing the world. US President Joe Biden will address the assembly as well. This will be his last address to the UNGA as president of the United States as a new president will be elected in the presidential elections slated to take place in November this year. The contest will be between Republican Party nominee Donald Trump and Democratic Party nominee Kamala Harris.

Modi’s last address to the UNGA came in September 2021. He visited UN headquarters in June 2022.

The community event in Long Island has seen registration from over 24,000 Indian-Americans. PM Modi held his first such event at Madison Square Garden in 2014. This upcoming event marks the 10-year anniversary of the event.

That registrations for PM Modi’s event came through 590 community organisations in the US. There was a huge response from the tri-state area.

PM Modi’s community outreach events in the US have in past, drawn huge crowds. Last such event was ‘Howdy Modi’ which was held in Houston in 2019. The event had witnessed enthusiastic participation from Indian-Americans.

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