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PIL Raises Over Exchange of Rs 2000 Notes Without Requisition Slip and Identity Proof

a public interest litigation (PIL) was filed in the Delhi High Court on Monday, challenging the permission to exchange Rs 2000 banknotes without the requirement of a requisition slip and identity proof.

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PIL Raises Over Exchange of Rs 2000 Notes Without Requisition Slip and Identity Proof
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New Delhi: a public interest litigation (PIL) was filed in the Delhi High Court on Monday, challenging the permission to exchange Rs 2000 banknotes without the requirement of a requisition slip and identity proof. The petitioner, lawyer Ashwini Kumar Upadhyay, argued that the notifications issued by the Reserve Bank of India (RBI) and the State Bank of India (SBI) in this regard are arbitrary, irrational, and infringe upon Articles 14 of the Constitution of India.

According to the plea, a significant amount of currency in the form of Rs 2000 banknotes has either found its way into individual lockers or been hoarded by various groups, including separatists, terrorists, Maoists, drug smugglers, mining mafias, and corrupt individuals. The petition emphasized that cash transactions involving high-value currency are the primary source of corruption and are often utilized for illicit activities such as terrorism, naxalism, separatism, radicalism, gambling, smuggling, money laundering, kidnapping, extortion, bribery, and dowry-related transactions. The petitioner urged the RBI and SBI to ensure that Rs 2000 banknotes are deposited only in respective bank accounts, thereby minimizing the risks associated with illegal activities.

The plea further highlighted the recent announcement by the central government, stating that every family should possess an Aadhaar card and a bank account. In light of this, the petitioner questioned the rationale behind permitting the exchange of Rs 2000 banknotes without obtaining proper identity proof. Additionally, the plea noted that approximately 80 crore (800 million) below poverty line (BPL) families receive free grains, indicating that they rarely use Rs 2000 banknotes. Therefore, the petitioner sought a directive to the RBI and SBI, urging them to take necessary measures to ensure that Rs 2000 banknotes are deposited exclusively in bank accounts.

The PIL argued that depositing Rs 2000 currency notes in bank accounts would facilitate the identification of individuals possessing black money and disproportionate assets. This measure could potentially assist in curbing corruption and enforcing financial transparency.

On May 19, the RBI had announced the withdrawal of Rs 2000 currency notes from circulation, specifying that existing notes could either be deposited in bank accounts or exchanged by September 30. The RBI clarified that the Rs 2000 banknotes would continue to be recognized as legal tender.

To facilitate convenience and prevent any disruption to regular banking activities, the RBI announced that starting from May 23, the exchange of Rs 2000 banknotes into other denominations would be permitted up to a limit of Rs 20,000 at a time in any bank.

In a communication to the chief general managers of its local head offices, the State Bank of India (SBI) confirmed that the public could exchange Rs 2000 notes up to a limit of Rs 20,000 at a time without the requirement of a requisition slip. The communication, dated May 20, also mentioned that no identity proof would be necessary during the exchange process.

The PIL raises important concerns regarding the exchange of Rs 2000 banknotes and emphasizes the need to address potential avenues for corruption and illegal activities. The outcome of the litigation will likely impact the regulations surrounding the exchange of high-value currency in India.

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Supreme Court to Review Kolkata Doctor’s Rape and Murder Case on March 17

The Supreme Court of India, under the leadership of Chief Justice Sanjiv Khanna, is scheduled to review the suo motu case concerning the rape and murder of a junior doctor from R.G. Kar Medical College and Hospital in Kolkata on March 17. In August of the previous year, the Court addressed the tragic incident, emphasizing […]

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Supreme Court to Review Kolkata Doctor’s Rape and Murder Case on March 17
Supreme Court of India

The Supreme Court of India, under the leadership of Chief Justice Sanjiv Khanna, is scheduled to review the suo motu case concerning the rape and murder of a junior doctor from R.G. Kar Medical College and Hospital in Kolkata on March 17.

In August of the previous year, the Court addressed the tragic incident, emphasizing the critical need for enhanced safety measures for medical professionals nationwide. The Bench appealed to protesting doctors to resume their duties, assuring them of protection against any punitive actions related to their participation in the protests.

The Central Bureau of Investigation (CBI) has been actively probing the case. In October, they filed the initial charge sheet against Sanjay Roy, a civic volunteer associated with Kolkata Police, implicating him in the heinous crime. The CBI‘s investigation suggests a potential broader conspiracy, highlighting concerns about evidence tampering during the early stages when the Kolkata Police were overseeing the investigation. Subsequently, two additional arrests were made: Sandip Ghosh, the former Principal of R.G. Kar Medical College and Hospital, and Abhijit Mondal, the former Station House Officer of Tala Police Station. Both are accused of obstructing the investigation and tampering with evidence.

The upcoming hearing on March 17 will further address these developments, underscoring the Supreme Court‘s commitment to ensuring justice and reinforcing workplace safety for medical professionals across the country.

Note: For a comprehensive understanding, readers are encouraged to refer to official Supreme Court records and updates from the Central Bureau of Investigation.

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Karnataka

Karnataka Govt Withdraws CID Probe in Ranya Rao Case

The Karnataka government has rescinded its previous directive for the Criminal Investigation Department (CID) to investigate potential lapses by police officers at Bengaluru’s Kempegowda International Airport concerning the gold smuggling case involving actress Ranya Rao. Initially, the CID was tasked with examining any negligence or misconduct by airport police following Ranya Rao’s arrest on charges…

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Karnataka Govt Withdraws CID Probe in Ranya Rao Case
Photo: Courtesy Ranya Rao on Facebook

The Karnataka government has rescinded its previous directive for the Criminal Investigation Department (CID) to investigate potential lapses by police officers at Bengaluru’s Kempegowda International Airport concerning the gold smuggling case involving actress Ranya Rao.

Initially, the CID was tasked with examining any negligence or misconduct by airport police following Ranya Rao’s arrest on charges of attempting to smuggle gold. However, a subsequent order issued on Wednesday annulled this investigation. The government cited an ongoing probe led by Additional Chief Secretary Gaurav Gupta, focusing on the involvement of Ranya’s stepfather, K Ramachandra Rao—a Director General of Police (DGP) rank officer currently serving as the Managing Director of the Karnataka State Police Housing and Infrastructure Development Corporation.

Gupta’s inquiry aims to uncover the facts and circumstances surrounding the misuse of protocol-related facilities and assess Rao’s potential role in the case. This development follows the seizure of gold bars worth ₹12.56 crore from Ranya Rao at the airport. Subsequent searches of her residence led to the discovery of gold jewelry valued at ₹2.06 crore and ₹2.67 crore in cash.

The government’s decision to withdraw the CID probe underscores its commitment to a focused and impartial investigation into the high-profile gold smuggling case, ensuring that all aspects are thoroughly examined without redundancy.

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Fewer Indian students traveled abroad for study purposes in 2024: government response in Lok Sabha

Indian students en route to Canada decreased by 41%; those going to the UK declined 27% and 13%, with Australia experiencing an annual 12 % decrease; at 2,04,058 Indian students studied in America in 2024 alone. Canada had the second-highest student enrollment at 1,37,608. China experienced a decrease as 7279 students came for studies in […]

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Fewer Indian students traveled abroad for study purposes in 2024: government response in Lok Sabha

Indian students en route to Canada decreased by 41%; those going to the UK declined 27% and 13%, with Australia experiencing an annual 12 % decrease; at 2,04,058 Indian students studied in America in 2024 alone. Canada had the second-highest student enrollment at 1,37,608. China experienced a decrease as 7279 students came for studies in 2023 while only 4,978 attended in 2024. Germany, Bangladesh, Russia and Ireland saw the greatest increases in Indian students traveling for studies – at 49 per cent, 44 per cent, 34 per cent and 30 per cent increases respectively. At 34,702, Indians increased by 49 per cent traveling to Germany for studies while 31444 Russian students arrived compared to 23503 a year prior. France, Philippines and Uzbekistan all saw increases as well.

There’s something magical and evocative about seeing an old friend from school come back into town to show us something they remember from long ago – often something from when they were younger themselves! So much for my visions of an ideal world where it wouldn’t matter who ran it anymore… Numbers of Indian students traveling overseas for studies dropped 15% last year as countries tightened visa regulations, according to information provided by Sukanta Majumdar, Minister of State in Education ministry, at Monday’s Lok Sabha session. He reported that 7,59,064 students studied overseas according to Bureau of Immigration (BoI). Even though this number represents a decrease from 8,92,989 students traveling overseas for education in 2023, it is slightly higher compared to 2022 when it stood at 7,50,365.

This data pertains specifically to Indian travelers who disclosed “Study/Education” as their reason for visiting foreign destinations. As per information shared with Lok Sabha earlier, BoI data for previous years shows that 2024 surpasses 2019 in terms of students heading abroad for study; during 2019, 5,86,337 went abroad to pursue their education. Canadian, United States and United Kingdom all saw significant declines (in percentage terms) as they all tightened visa regulations for immigrants. Canada became more stringent on student visa regulations following worsening diplomatic ties in 2024 which resulted in more visa rejections and scrutiny on applications for entry.

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