Friday, November 11, 2016

Re: [IAC#RG] MODI finally accepts IAC demand to replace fake notes ... but ...

To: ravindra malhotra <rnmalhotra_in@yahoo.com>


Dear Malhotra ji

A secret of this grouping (IAC) is that we never accept anything at face value, especially what is circulated to 'bhakts'. and 'tards' on social media

FYI here is the whole story

"Upon further investigation, officials realised that the truck was actually carrying money to Bank of Baroda's branches, to be issued to people from Thursday when the new currency notes are expected to be released."

http://www.hindustantimes.com/india-news/for-bribes-or-a-bank-refill-truck-carrying-new-rs-2000-notes-detained-in-tn/story-4Ef6tkiX7Z86CZSVHQXryN.html

rgds

Sarbajit Roy


On Thu, Nov 10, 2016 at 10:10 PM, ravindra malhotra <indiaresists@lists.riseup.net> wrote:
 What Mr Gaur has said may be correct. Our politicians are resourceful from all angles. I hope you have read the News appearing on the morning of 10th itself on internet and on line HT, before the banks opened to give out first Rs 2000 note -

1 hour ago
The Tamil Nadu Election Commission's flying squad and local police detained a truck carrying Rs 7.65 crore-worth of money in the form of Rs 2,000 denomination notes in Thanjavur district on Wednesday. The district is home to the Aravakurichi assembly constituency where bypoll elections will be held on November 19.
Officials were first perplexed by what they thought was the "ingenuity and efficiency" of party cadres as they obtained mint-fresh currency notes that had not yet been officially issued. "

R.N.Malhotra




From: m.g.r. rajan <mgr_rajan@hotmail.com>
To: "indiaresists@lists.riseup.net" <indiaresists@lists.riseup.net>
Sent: Wednesday, November 9, 2016 4:50 PM

Subject: Re: [IAC#RG] MODI finally accepts IAC demand to replace fake notes ... but ...

Demonetization to curb counterfeit and black money was necessary....but, having said that, I agree with all the points brought out by Shri Gaur. 

The poor, uneducated and insecure, who keep their savings at home, will be the ones most affected and will be victims of middlemen and dalals who will exploit them by exchanging the old currency at half the value. I sincerely hope they are taken care of.

Demonetization during election time is also a way to ensure that black money purchased votes decline. But again, Indians are famous for their jugaad! Our traditional faith in 'rokda' will go only if the people have faith in the banking organization and guarantee for the monies banked there. This will not happen as long as politicians are corrupt and control banks directly (private banks) or indirectly (nationalized banks).

MGR Rajan

From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net> on behalf of Gaur J K <gaurjk@hotmail.com>
Sent: Wednesday, November 9, 2016 2:02:55 PM
To: indiaresists@lists.riseup.net
Subject: Re: [IAC#RG] MODI finally accepts IAC demand to replace fake notes ... but ...
 
9/11/16

For a change let me say it though there is an element of surprise it should have been delayed for some time.
The P.M . keeps on announcing new schemes without adequate groundw0rk. So it falls into the same catagory and success is doubtful for the 3 reasons/justification given for it-
Corruption
Black money
counterfeit currency.
He himself said day before that the politicians are very creative when it comes to the political class. The other sources of corruption is Civil servants who are equally creative in continuing corruption and help the politicians and themselves.
The third party is big business houses from here funds are generated. Use of currency notes will not change.
Black money-earlier it was claimed by the P.M and people Baba Ramdev that huge blackmoney is stashed abroad. What the Govt. has achieved so far? Inspite of his best efforts and intervention of Supreme Court has the Govt. anything to show worthwhile?
 Counterfeit currency- only shows confusion . Earlier when Dr. Rajan was the Governor the Public was asked to surrender all notes before 2005. People faced many problems but still complied. This will create more problem for the people specially middle class and lower middleclass and rural people. People have no faith that there money is safe with banks and the Govt. Besides thy know the main source for such notes is a
mainly one of the neighbouring country. So long as you depend on import of security paper, printing will continue and so will the routes through which these are brought into the country. 
Now let us say USD is a currency universally accepted and they have a system to check.A currency note of say 20 years can be changed without any risk. I am not aware how many developed countries have declared their currency notes invalid overnight?
When the P>M speaks so much about honesty and transparency why they are reluctant to bring all political parties and their funing under RTI? Are they not one of the biggest source of black money? Regds
JKGaur   




From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net> on behalf of Abanis Nayak <abanis@gmail.com>
Sent: Wednesday, November 9, 2016 10:51 AM
To: indiaresists@lists.riseup.net
Subject: Re: [IAC#RG] MODI finally accepts IAC demand to replace fake notes ... but ...
 
Moving forward the idea is to go minimum cash with digital payments like UPI etc , a tough road though but it is a good start.

On Wed, Nov 9, 2016 at 10:10 AM, Ambrish <ambrish1008@gmail.com> wrote:
But it is still unclear:

1. How terror funding will be checked through it.

2.  People who had black money, were well informed about this and most of them have changed or invested.

3. It is also aired (rumour) that Rs. 2000/ note has GPS system.

4. How hawala karobar will be checked through it.

& many such questions/issues



On Tue, Nov 8, 2016 at 9:34 PM, Sarbajit Roy <sroy.mb@gmail.com> wrote:
MODI finally accepts IAC demand to replace fake notes ... but ...

They finally HAD to listen to us on rampant menace of COUNTERFEIT currency .. but ...

Watch this space





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