National News
Mysterious Disappearance Of 500 Notes Worth 88,032.5 Cr Raises Security Concerns For Indian Economy
While the Reserve Bank of India had a problem with an extra 339.95 million currency notes deposited in vaults between 1999-2010, more than the output of the government security printing presses, now, it is faced with an altogether different issue. While the mints issued 8,810.65 million pieces of the newly designed Rs 500 note, the RBI has only received 7,260 million.
Value of the missing notes is a staggering Rs 88,032.5 crore
No-one knows the whereabouts of the 1,760.65 million of Rs 500 notes which have mysteriously gone missing, taking into account the 210 million pieces printed in the Nashik mint between April 2015 and March 2016. The value of the missing notes is a staggering Rs 88,032.5 cr.
Despite repeated attempts, RBI spokesperson refuses to comment on the missing notes from RBI vaults
RBI spokesperson did not comment despite repeated attempts.
Data obtained under RTI
India prints its currency notes at three government mints – the Bharatiya Reserve Bank Note Mudran (P) Limited, Bengaluru, Currency Note Press, Nashik, and Bank Note Press at Dewas and sends them to the RBI vaults, for further distribution in the Indian economy.
According to data obtained under the Right to Information Act (RTI) by activist Manoranjan Roy, 375.450 million pieces of the newly designed Rs 500 note were printed by the Currency Note Press, Nashik, but RBI records having received only 345.000 million pieces printed between April 2015 and December 2016. In another RTI reply last month, the Currency Note Press, Nashik, said for the financial year 2015-2016 (April 2015-March 2016,) 210.000 million pieces of Rs 500 were supplied to the RBI when Raghuram Rajan was the RBI governor.
The Report of the Currency Note Press, Nashik, has shown the newly designed Rs 500 currency notes were supplied to the Central bank but the RBI annual report does not mention receiving any Rs 500 notes with the new design, in its Public Domain Annual Report on Currency Management. Further information provided by the Currency Note Press, Nashik, mentions 1,662.000 million pieces of the newly designed Rs 500 note were supplied to the RBI in 2016-2017.
Huge Mismatch
The Bharatiya Reserve Bank Note Mudran (P) Limited, Bengaluru, supplied 5,195.65 million pieces of Rs 500 to the RBI and the Bank Note Press, Dewas, supplied 1,953.000 million pieces to the RBI in 2016-2017, but the RBI has received only 7,260 pieces of the newly designed Rs 500 note from all three printing presses. There is a mismatch, as 8,810.65 million pieces of the newly designed Rs 500 note were printed by the three mints in all, but the RBI received only 7,260.000 pieces.
Missing pieces no joke
“The apex bank is indifferent to the harm caused to the Indian economy with such a huge mismatch in highdenomination Indian currency notes printed in the mints and the total received in the RBI vaults. The missing 1,760.65 million pieces is no joke. It raises security concerns about our Indian economy and its stability,” said Manoranjan Roy.
Activist has written to Central Economic Intelligence Bureau and ED
He has written to the Central Economic Intelligence Bureau and the Enforcement Directorate to investigate the irregularities in the millions of high-value currency notes printed in the three mints. Senior RBI officials have defended the mismatch, citing the huge logistics in the printing and supply of currency notes. But, it is strange it should take so long for notes to reach the RBI vaults.
National News
Union Minister Mansukh Mandaviya Hands Over 8.5 Lakh Govt Appointment Letters At 14th Rozgar Mela In Gandhinagar
Union Minister Mansukh Mandaviya on Monday distributed job appointment letters for government positions during the 14th edition of Rozgar Mela held at the BSF campus in Gandhinagar.
The Union Minister said, “Under the leadership of PM Modi, a new India is emerging, with new employment opportunities being created in both the government and private sectors and job placements being done. I am happy that in the 14th edition of Rozgar Mela, 8.5 lakh job appointment letters have been given.”
Earlier, Prime Minister Narendra Modi distributed more than 71,000 appointment letters to newly appointed recruits through video conferencing. Addressing the occasion, PM Modi extended wishes to the new recruits.”I have had many professional discussions with the youth of India in Kuwait.
After coming here, my first program is with the youth of the country. I extend my heartfelt congratulations to all the youth and their families,” he said.He emphasized that the government’s top priority is to make full use of the potential and talent of India’s youth.”Through Rozgar Mela, we are continuously working in this direction.
“For the past 10 years, there has been a campaign in various government ministries, departments, and institutions to provide government jobs. Even today, over 71,000 youth have been appointed. In the last 1.5 years, our government has provided permanent government jobs to nearly 10 lakh youth. This is a massive record in itself,” PM Modi said.
“In previous governments, no such initiative to provide permanent government jobs to youth in mission mode existed, but today, not only are millions of youth getting jobs in the country but these jobs are being provided with complete honesty and transparency,” he highlighted.
The Prime Minister also mentioned that the development of any country happens through the strength and leadership of its youth.
“Everyone has taken a pledge to build a developed India by 2047. We believe in this pledge because at the heart of every policy and decision in India is the talented youth of the country. Look at the policies of the past decade–Make in India, Atmanirbhar Bharat, Startup India, Standup India, Digital India–each of these programs was designed with the youth at the centre. India has changed its policies in the space sector, boosted manufacturing in the defence sector, and the biggest beneficiaries of these changes are the youth,” PM Modi said.
Rozgar Mela is a step to provide meaningful opportunities to the youth for their participation in nation-building and self-empowerment.
National News
Delhi BJP releases ‘chargesheet’ against Kejriwal, AAP govt
New Delhi, Dec 23: The Delhi BJP on Monday released a political “chargesheet” against AAP National Convenor Arvind Kejriwal and his party, enlisting alleged failures of the Delhi government over the last 10 years and instances of corruption involving ministers.
Releasing the “chargesheet” or “Aarop Patra” ahead of Assembly elections, former Union Minister Anurag Thakur said, “About Rs 52 crore of public money was wasted on Kejriwal’s luxurious Sheeshmahal (official residence). The AAP promised to clean Yamuna by 2025, but it turned into a toxic sewer filled with poisonous foam.”
He said that during the 10 years of “misgovernance,” Delhi turned into a “corruption capital.”
“Eight AAP ministers, 15 legislators and an MP have been jailed in these years,” he said, pointing to the liquor policy scam and slamming Kejriwal’s promise of ridding the city of corruption.
The BJP MP also targeted the AAP government for ignoring women’s safety, alleging that it failed to utilise the Nirbhaya Fund or build promised fast-track courts.
Kejriwal’s promises of fighting pollution, improving the quality of education and ending the tanker mafia have not been fulfilled in 10 years, said Thakur.
“The AQI once crossed 1,200, and even today it is over 500,” he said, adding that Delhi BJP President Virendra Sachdeva, who took a dip in the Yamuna, would be able to give a first-hand account of how polluted the river was despite tall claims by the AAP government.
“Delhi’s air pollution equals smoking 50 cigarettes a day. AAP failed to take action. The city is now home to the world’s tallest garbage mountain due to the AAP government’s mismanagement,” he said.
The BJP “chargesheet” also alleged that fake medicines distributed in Mohalla Clinics claimed lives, exposing AAP’s “world-class health model.” Thakur alleged that Rs 1,125 crore were wasted on incomplete ICU hospitals.
Delhi’s youth were betrayed by the AAP government as 29 Pratibha schools were shut under it, depriving students of quality education, he said.
Referring to the tanker mafia, Thakur said Rs 28,400 crore was allocated to the Delhi Jal Board, yet residents rely on tankers for water.
While the AAP promised free water, it has supplied only dirty, toxic water, risking public health, he said.
The former Union Minister said the AAP government’s promises of giving a “world-class drainage system” have been exposed by water-logging and monsoon deaths.
He added that the cost of water is the highest in the city.
Later, speaking to the reporters, Thakur said, “Arvind Kejriwal is the culprit behind the problems of Delhi residents. The infection of lungs in 22 lakh children is due to Delhi’s pollution and dirty water, which is the result of the failures of Kejriwal’s government.”
“They couldn’t utilise the Nirbhaya Fund, and the initiative to provide Rs 6,000 each to pregnant women was left incomplete. Now, after 10 years, they talk of distributing money. Where was Kejriwal’s government all this time? Where was the respect for women?” he questioned.
Criticising the management of the national capital’s finances, Thakur said, “Despite thousands of crores in Delhi’s treasury, the government is under debt. They talk about good education, yet one-and-a-half lakh students in classes 9 and 11 failed. Crores are spent on advertisements, but their sports university exists only on paper, and their skill and entrepreneurship universities remain under-utilised.”
He also accused the AAP government of doing disservice to the poor by denying them access to healthcare by not implementing the Central government’s Ayushman Bharat Pradhan Mantri Jan Arogya Yojana.
“By refusing to implement the scheme, they have taken away the right of the poor to avail medical insurance for treatment of up to Rs 5 lakh. Whether it’s clean water, free treatment, good education, better roads, or a pollution-free environment, the common citizen of Delhi feels betrayed,” Thakur said, calling Kejriwal the “biggest cheater.”
National News
‘Congress Remembers Dalits Only In Bad Times,’ Says BSP Chief Mayawati, Slamming Rahul Gandhi’s Parbhani Visit
Lucknow: Bahujan Samaj Party (BSP) chief Mayawati on Monday took a dig at Congress leader Rahul Gandhi over his visit to violence-hit Parbhani in Maharashtra. She said he was going there only to shed crocodile tears and accused the Congress of historically adopting a casteist and contemptuous attitude toward Dalits and backward classes.
Taking to X on Monday, Mayawati wrote, “Unfortunate incidents like Parbhani happened as a result of disrespect/insult towards the original architect of the Indian Constitution, the most revered Babasaheb Dr Bhimrao Ambedkar and the feeling of inferiority towards his crores of followers. It is proved that Congress and BJP are not their true well-wishers, everyone’s intentions and policies are flawed.”
BSP Chief Mayawati On Rahul Gandhi’s Visit
Referring to Gandhi’s visit, Mayawati said, “The Congress leader’s visit today to Parbhani is nothing more than shedding crocodile tears because the Congress’ attitude towards the interests and welfare of Babasaheb and his followers has always been casteist and contemptuous, both during his lifetime and after his death. They remember the Dalits and backward classes only in their bad times.”
About Rahul Gandhi’s Visit To Parbhani
Rahul Gandhi, during his brief visit to Parbhani, will meet the bereaved families of Somnath Vyankat Suryawanshi, 35, who was studying his LlB, and another Dalit social worker Vijay Wakode, who suffered a heart attack and succumbed while attempting to control the rampaging mobs on December 11-12.
BSP Chief Calls For A Peacefl Nationwide Demonstration
The BSP chief also called for a peaceful nationwide demonstration at district headquarters to demand the withdrawal of alleged anti-Ambedkar remarks made in Parliament. “The entire society should unite and make these protests successful,” she urged, cautioning against “deceptive politics” carried out in the name of Ambedkar.
Mayawati reiterated her party’s commitment to its Ambedkarite mission, stating, “The BSP’s self-respect movement aims to empower the ‘Bahujan Samaj’ politically, while other parties merely pretend to champion Ambedkar’s legacy for political gains. Their actions are duplicitous — Ram on their lips, but a knife under their arm.”
The BSP has announced a nationwide agitation on December 24 to protest against Home Minister Amit Shah’s controversial remarks about Dr Babasaheb Bhimrao Ambedkar in Parliament, which they claim disrespected the architect of India’s Constitution.
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