DEPOSIT OVER 5 THOUSAND NOT ALLOWED: RBI NEW RULE

RBI Said From 19th December No One Can Deposit Over 5000

Thinking of 8th November decision gives goosebumps to every Indian citizen as on that day Prime Minister Narendra Modi announced demonetisation of Rs.500 and Rs.1000. But with this shocking declaration another announcement was made by Prime Minister Narendra Modi and that is you can deposit old currency in your account till 30th December.

This announcement gave relief to people having old currency in huge number with them as they can use their money by depositing it in their accounts. Then another announcement came from RBI that is of more than 5000 can’t be deposited in an account till December 30th and this was more shocking than the announcement of demonetisation.    

In a notification the central bank said ““The (depositor’s) clarification should be kept on record to facilitate an audit trail at a later phase.” On respect to this declaration of RBI Finance Minister Mr. Arun Jaitley said “If they are going to go everyday and deposit some currency, same person, that gives rise to suspicion. In that event, a person may have something to worry about. Therefore everyone is advised whatever old currency you have, please go and deposit it as soon as you can.”

The reason behind this announce is very clear as people were depositing others black money in their accounts and for that they were visiting bank again and again. This was increasing the queue in the banks and genuine people were suffering for that. Well those who have genuine money in old currency should not get worried about all these announcements but those who still have black money in stock it is a matter to think about for them.

Everyday a new announcement and every declaration is coming up with a new twist and turn for Indian citizens. It just time to watch out how efficiently the demonetisation scheme is working on whitewashing black money and corruption from the country?     

NO TAX & NO LIMIT FOR PARTY FUND WHY?: BJP GOVT

On 8th November Prime minister declared demonetization of Rs.500 and Rs.1000 notes this announcement left away people panic stricken. PM Modi Ji’s decision pulled people into dilemma of what to do with the old currency? Well, solution for that was also introduced by Hon’ble Prime Minister but it hardly worked. I mean The scheme worked but it only affected the common people…. Isn’t it? Common people are struggling in the long queue to exchange or deposit the old currency but the Black Money holders and Politicians are getting their money exchanged from the BACK DOOR.

Prime Minister Narendra Modi’s big step against white washing Black money and corruption went to backdrop when Finance minister Arun Jaitley announced that “there will be no tax on Party Fund”. Did he wanted to say that there is no tax on the black money parties use for their election campaigns? Why this decision is taken where common man is facing trouble and politicians are freely getting money? Was the scheme of demonetization formed for common man only? There are people who were adding money for their wards education or daughter’s marriage and have deposited more than 2.5 lakhs in their bank accounts they have to pay tax for that.

In hardship, everything takes a bad turn and it is evident with the present situation in India. Who have worked hard to earn have to pay tax for that but there is no tax scheme for the party funds. The step of demonetization was taken for the betterment of the citizens of India and to wash away black money and fake currency from the country. Can anyone tell what advantage India will get with this declaration? Well, Mr. Jaitley can better answer that !

WOMAN SAFETY PANEL TO BE SETUP SOON: MODI JI

Modi Ji Asked To Setup Woman Safety Panel Soon

Bringing the issue of woman’s safety in Delhi, chairperson of Delhi Commission of Women (Swati Maliwal) has written a letter to Prime Minister Narendra Modi. In the letter, she has asked PM to establish a high level committee on woman’s safety for the capital. Furthering her willingness, she informed through her letter that Nirbhaya’s Fund is not getting utilized properly since its inception o December 16, 2012. The fund was set after Nirbhaya incident of gang rape. Swati Maliwal quoted that “Delhi’s government was required to utilize the fund of Nirbhaya Foundation for the installation of CCTV cameras in DTC buses. But, nothing has been done as yet and the file is lying with centre”.

She insisted on the fact that a delay in the establishment of Committee is posing threat to the woman’s safety in Delhi. The women are paying the price for a tussle between State and Central government. Venturing deeper into her statement, she said that Central and State government should join hands together for applying safety measures in Delhi. It is the collective effort that would bring desirable changes in Delhi because it has got ill-famed as the Rape Capital of India. Stating her problem in the letter, she went on to say repeated requests had not led the committee to be formed that should have constituted Union home minister and comprise of the Delhi chief minister, lieutenant governor, DCW chairperson and the police commissioner.

Swati Maliwal also commented that Lieutenant Governor has not held any kind of meeting since the news was out for commissioning a committee. Even at the initiative of MHA Directive, nothing has been done so far. She also brought to notice that Special task force formed by the government after Nirbhaya case was abandoned by MHA in 2016. She prominently stated in the letter that if the committee will be formed; crimes against women would surely decrease. Along with this, the letter made it evident that Swati Maliwal insisted on speeding up the formation of thana-level committees, enactment of Delhi Victim Compensation Scheme, digitization of police records, installating CCTV cameras in Delhi, construction of toilets and courts.

Through her letter to the PM, Maliwal is willing to convey about increasing crimes against women and girl child. It is a step towards strengthening women power in Delhi and trying to make it a better place for living.

LT GEN BIPIN RAWAT NEW CHIEF OF INDIAN ARMY

Indian Army Appointed Lt Gen Bipin Rawat As A Chief

This is a news which is related to our defence system which describes the strength of our country. LT. Gen. Bipin Rawat is going to take his position as chief of Indian army. After 1983 this is the first time in Indian army’s history that the senior most officer has not been appointed as army chief. This is the first time after 1983 when Lt Gen S K Sinha was overlooked for the post in favour of Gen A S Vaidya. This time LT. Gen Bipin Rawat has superseded two senior-most Lt Generals, Praveen Bakshi and P M Hariz. The government has also announced that Air Marshal Birender Singh Dhanoa would take over as the Chief of the Air Force, replacing Air Chief Marshal Arup Raha who retires at the end of the year. Continue reading “LT GEN BIPIN RAWAT NEW CHIEF OF INDIAN ARMY”

IS DEMONETIZATION TOWARDS FAILURE?: MODI JI

Is Modi Ji’s Movement Of Demonetization Towards Failure?  

The demonetization of 500 and 1,000 rupee banknotes was a policy enacted by the Government of India on 8 November 2016, ceasing the usage of all 500 and 1,000 banknotes of the Mahatma Gandhi Series as legal tender in India after on and after 9 November 2016. The announcement was made by the Prime Minister of India Narendra Modi in a live telecast addressed at 20:15 (IST) on 8 November. Continue reading “IS DEMONETIZATION TOWARDS FAILURE?: MODI JI”

MODI JI RANKED 9TH IN MOST POWERFUL PERSON: FORBES

Forbes Listing PM Modi as 9th Most Powerful Person

A magazine that holds global reputation, Forbes has listed Indian Prime Minister Narendra Modi as the 9th most powerful person in the world. It has been a proud moment for Indians that a Prime Minister has been a part of world’s top 10 powerful people. Previously in 2014, Narendra Modi was positioned at number 14 that inked the spark within Congress tents. The list of influential politicians in the world was released by Forbes on November 5, 2016 and it took the world by storm. The Forbes said that Modi understands the need of Indians and goes beyond performing his duties. He is a minister that does not believe in just shaking hands; rather, he knows the tactics to deal with more than 1.2 billion people in India. Continue reading “MODI JI RANKED 9TH IN MOST POWERFUL PERSON: FORBES”

BUY AMERICAN'S & HIRE AMERICAN'S: TRUMP NEW RULE

Newly elected US President Donald Trump has been focusing on bringing the interests of Americans further than any other country. In his “Thank You Rally” at Milwaukee in Wisconsin Donald Trump said, “his administration will follow 2 simple rules for retaining personal interests. We will focus on buying American manufactured products and would hire American professionals for jobs.” Continue reading “BUY AMERICAN'S & HIRE AMERICAN'S: TRUMP NEW RULE”