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Army to now help with the Disposal of Old Notes that went back to the Banks after Demonetisation

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An activist of Congress party hold the banned 500 and 1000 rupee notes during a protest march named as "Akrosh Diwas" against the government's decision to withdraw high denomination notes from circulation in front of Reserve Bank of India in Hyderabad, India, Monday, Nov. 28, 2016. Indian prime minister Narendra Modi, in his Nov. 8 televised address, announced the demonetization of India's 500- and 1,000-rupee notes, which made up 86 percent of the country's currency. He said it would wipe out rampant corruption, though in a country of 1.3 billion where most people don't have bank accounts, it also wiped out legally collected savings. (AP Photo/Mahesh Kumar A.)
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New Delhi, May 23, 2017: After assisting the government in printing and transporting new currency notes, the army will now help with the disposal of old notes that went back to the banks after demonetisation.

According to army sources, the government has asked for “15 teams from the army for currency verification”. However, the official did not reveal the exact number of soldiers to be involved in the task.

It was also not clear what method of disposal was to be used. “The deployments will be completed by May 26,” an official said.
The official denied that army soldiers were to guard the Reserve Bank of India (RBI).

According to information provided by the government in a written reply to Lok Sabha, on the day demonetisation was announced, there was around Rs 8,58,253 crore in currency notes of Rs 500 and Rs 6,85,782 crore in Rs 1,000 notes.

While the RBI has not released any figure on how much of the old currency notes have come back to the banks, it is estimated that around Rs 15 lakh crore has been returned. This is around 95 per cent of the old Rs 500 and Rs 1,000 notes that were in circulation.

Post-demonetisation, as new notes of Rs 500 and Rs 2,000 were printed, the Indian Army was called to assist at the banknote printing presses due to the shortage of personnel to man the facilities round the clock.

Indian Air Force had transported over 600 tonnes of new currency after demonetisation, using its C-130s and C-17 aircraft.

On November 8, 2016, Prime Minister Narendra Modi had announced the spiking of higher value notes of Rs 500 and Rs 1,000. (IANS)

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Won’t mind crossing border to protect Kashmir: Rajnath

On the issue of terrorism, he said Prime Minister Narendra Modi has succeeded in getting global consensus and managed to bring the international community on board

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Mr. Singh mentioned the Indian brotherhood between Hindus and Muslims in India and mentioned strict action against Pakistan terror aids to India in his Kashmir speech
Rajnath Singh went harsh on Pakistan in his Kashmir speech
  • Union minister Rajnath Singh said that Kashmir is India’s
  • He said he’ll cross borders if he has to
  • He also praised Indian army for their services towards the nation

Union Home Minister Rajnath Singh on Saturday said no power in the world can take Kashmir away from India and if need be forced can cross the border to protect the country’s territorial integrity.

“Kashmir is, was and will be ours always. No one can take it from us,” Rajnath Singh said, addressing the CNN News18 Rising India Summit.

Rajnath praises indian army for its services.

He praised the Indian Army for its valour to secure the country and warned Pakistan, saying “we not only secure India within but can also cross the border to protect the country, if needed. No one should take it otherwise.”

He said India wanted good ties with Pakistan, provided it stopped aiding terrorists.

“Now the US is condemning Pakistan. I don’t know what happened to Pakistan. We want good relations with Pakistan but it has refused to accept our offer of friendship.

“Pakistan is giving legitimacy to UN-designated terrorist Hafiz Saeed who is establishing a political party there and wants to contest in elections.”

The Minister said the government was keen on finding a permanent solution to the Kashmir problem and was open to speak to anyone.

To resolve the Kashmir issue, Rajnath Singh said, the government-appointed interlocutor Dineshwar Sharma, a former Intelligence Bureau chief, is moving forward and has invited people from all sections for talks.

Kashmir is ours and ours only, says Rajnath. delhinewsagency.com

He said Kashmir’s children were like his own and would not allow anyone brainwash them into radicalisation.

“I want to tell those who are trying to teach jihad to innocent Kashmiri youths that they should first learn the real concept of jihad in Islam.”

The Minister said he had personally asked Jammu and Kashmir Chief Minister Mehbooba Mufti to ignore cases filed against the first-time stone-pelters.

Earlier in 2018, the Jammu and Kashmir government withdrew cases registered against 9,730 people involved in stone-pelting incidents, including first-time offenders.

Also Read: A look into the mind of a brainwashed Kashmiri suicide bomber

“We have forgiven first-time stone-pelters. They might have been influenced by others. They are young. We need to give them a second chance,” he said.

The Home Minister said the government never differentiated between the children in Kashmir and those in the other parts of the country.

On the issue of terrorism, he said Prime Minister Narendra Modi has succeeded in getting global consensus and managed to bring the international community on board. Rajnath Singh also highlighted the government’s efforts in dealing with Maoists.

Anything to protect Kashmir: Home minister, Rajnath.

“The battle against Naxals can’t be won through bullets. We are taking several developmental initiatives in this direction. We are trying to reach those areas which have remained unreachable since independence.

“Naxalism was a huge problem for India but in the last four years we have now achieved major success in that space.”