I wouldn't invest my time in finding the source code on this one. As you suggest, it has been doing the rounds for a while....perhaps because many are convinced of the purport. The veracity then becomes quite secondary.
From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net > on behalf of Sarbajit Roy <sroy.mb@gmail.com>
Sent: Saturday, November 26, 2016 12:16 PM
To: indiaresists
Subject: [IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha ShastraTo:
Rear Admiral (Retd.) Mahendra Taneja
Sir,
You have sent the following message to IAC mailing list, which is in moderation queue and fwd'ed to me for approval by another moderator.
When Mamata Bannerjee, Shiv Sena leaders, Kejriwal and other people are protesting against Demonetisation move of the PM, I am reminded of a famous quote by Chanakya( Kautilya ) in his Artha Shastra.
"Learn that when thieves, dacoits, traitors in the country become restless, shouting and trying to create anarchy; then believe that the King is ruling well"
Since our learned and scholarly list moderator is unable to locate the source of this famous quotation (which is also doing rounds of social media for past 6 days) in the nowadays "standard" reference of R. Shyamasastry's Arthashastra, perhaps there is some mistranslation in your version, and you can assist us by locating its source from which you were reminded.
You are doubtless aware that the real Artha Shastra of Chanakya is "lost" for centuries now and only available to certain Pandits of Kashi, and what was allegedly "rediscovered" in 1907 (coincidentally by the very same Shyamasastry) is a poor forgery.
sincerely
Sarbajit Roy
Saturday, November 26, 2016
Re: [IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha Shastra
Dear Sarabjit
Congrats for exposing yet another twitter bhakt mindlessly repeating Goebels drone from Modinama camp.On Sat, Nov 26, 2016 at 6:15 PM, mahendra pratap taneja <manitaneja@hotmail.com> wrote:
Re: [IAC#RG] Fwd: Bharat Bandh on 28th will please black money holders
Venkatraman
Your information is also incorrect, only some irrelevant opposition parties like Left had called for bandh. There is no opposition bandh called on 28 Nov.
Now millions of Indians are wasting time in bank cues without getting their money. Where has all their money gone ?
And are you speaking for the deprived or for the 1% capitalists like Mukesh Ambani who own / control 50% of India's wealth in clear violation of constitutional principles against 'The State working to prevent concentration of wealth and means of production in a few hands, and try to ensure that ownership and control of the material resources is distributed to best serve the common good'.
Why IAC is allowing such BJP propaganda to be spread on their mailing list ?
On Sat, Nov 26, 2016 at 6:50 PM, Venkatraman Ns <nsvenkatchennai@gmail.com> wrote:
ToIndia Against CorruptionBharat Bandh on 28th will please black money holdersBharat bandh called by the opposition political parties on 28th November to protest against demonetisation steps of Modi government will certainly please the black money holders and corrupt persons in the country.1% of the Indian population hold 58% of the wealth in the country. Most of these people amassed huge black money by evasion of tax and adopting unethical business practices. Most of the private educational institutions and hospitals hold huge black money apart from other agencies like real estate builders. Demonetisation is hitting them hard.
All these people are scared that unstoppable Modi government will expose them and make them behave and seize the black money kept in various forms.
These black money holders and opposition political parties want Modi to be defeated and not black money to be wiped out.
People in the lower income group realise the objective of the demonetisation and are willing to wait for the positive results and put up with the temporary difficulties. Unfortunately, their views are not highlighted in the media.
But, the opposition political parties do not care that common man including those in the lower income group who are the daily wage earners will suffer due to bharat bandh.
N.S.Venkataraman
Nandini Voice For The Deprived
Chennai
Re: [IAC#RG] My Open Letter to Aam AAdmi Party: Show the Donations or Face Satyagraha
Dear Munish
All of you were very clearly warned in 2012 against joining AAP. However, for your own collective opportunism you people went along with Arvind knowing his secretive / authoritarian style (which he bases on Indira Gandhi at the height of the Emergency), his habitual mode of playing fast and loose with the truth etc.On Sat, Nov 26, 2016 at 10:30 PM, Dr. Munish Raizada <pedia333@gmail.com> wrote:
Today on November 26- the Foundation Day of Aam Aadmi Party (AAP) - I urge all to ask a question: Was transparent Online Donations Not the BIGGEST reason that AAP was the mascot of Clean Politics?Please spare a minute and read my OPEN LETTER to Aam Aadmi Party, to restore the same transparency:Munish K Raizada, MD, FAAPBoard Certified Neonatologist
Chicago, USA
Phone: USA: +1- 217 720 9331 ; India: +91 98737- 03054Skype: munish.raizadaEditor-in-Chief: http://www.newsgram.com/Follow me at:
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Re: [IAC#RG] My Open Letter to Aam AAdmi Party: Show the Donations or Face Satyagraha
we from Bangalore have also resigned from AAP after observing their inability to manage Delhi and indulgence in other matters ignoring the problems in the UT where they rule.
we have also stopped donating to this party as we feel that they are no better than others.
vedavyas shenoy
On Sat, Nov 26, 2016 at 10:30 PM, Dr. Munish Raizada <pedia333@gmail.com> wrote:
Today on November 26- the Foundation Day of Aam Aadmi Party (AAP) - I urge all to ask a question: Was transparent Online Donations Not the BIGGEST reason that AAP was the mascot of Clean Politics?Please spare a minute and read my OPEN LETTER to Aam Aadmi Party, to restore the same transparency:Munish K Raizada, MD, FAAPBoard Certified Neonatologist
Chicago, USA
Phone: USA: +1- 217 720 9331 ; India: +91 98737- 03054Skype: munish.raizadaEditor-in-Chief: http://www.newsgram.com/Follow me at:
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Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Dear Sarabjit
The RBI Note Refund Rules referred by you apply to exchange of mutilated notes, which function is supposedly undertaken as a matter of grace as per Section 28 of RBI Act:
""28. Recovery of notes lost, stolen, mutilated or imperfect.
3[* * *] Notwithstanding anything contained in any enactment or rule of law to the contrary, no person shall of right be entitled to recover from the 4[Central Government] or the Bank, the value of any lost, stolen, mutilated or imperfect currency note of the Government of India or bank note: Provided that the Bank may, with the previous sanction of the 5[Central Government], prescribe the circumstances in and the conditions and limitations subject to which the value of such currency notes or bank notes may be refunded as of grace and the rules made under this proviso shall be laid on the table 6[* * *] of Parliament."""
2. For limited numbers of such notes tendered, no identity is required. The function is also delegated to public and private sector banks and even coop banks having a currency chest.
Regards
Naresh
On Sat, Nov 26, 2016 at 7:15 PM, Sarbajit Roy <sroy.mb@gmail.com> wrote:
The operative clause is section 26 of RBI Act 1934Dear RIM ChennaiAFAIK there is no specific identity requirement on "bearer" notes, but RBI does have some Note Exchange Rules."26. Legal tender character of notes.—(1) Subject to the provisions of sub-section (2), every bank note shall be legal tender at any place in India in payment, or on account for the amount expressed therein, and shall be guaranteed by the Central Government.(2) On recommendation of the Central Board the Central Government may, by notification in the Gazette of India, declare that, with effect from such date as may be specified in the notification, any series of bank notes of any denomination shall cease to be legal tender save at such office or agency of the Bank and to such extent as may be specified in the notification.This implies that each and every change the Central Govt (ie. all those daily flip-flops Modi/Jaitley are doing) must be done on a recommendation of the RBI's Central Board (defined in Section 8 of RBI Act.Although there are many PILs on this, the one to watch out for is by SC advocate V.K.Biju where section 26(2) is under challenge.It is almost definite (ie. a sure thing) that Modi has been doing all those daily changes without explicit recommendations of the RBI's Central Board (although since it a rubber stamp board now with Raghuram Rajan gone they will probably fabricate and backdate these).I don't know how any Govt / Central Bank can argue that it can issue (ie. print) unlimited Notes, that we fool citizens are meant to accept them blindly, and then they can withdraw these notes without notice and say we shall only return 1 out of every 1,000 notes we issued to you and that too at any time we please.I would love to see/hear RBI Governor URJIT PATEL say this from his own lips.So don't rush to exchange / sell at a steep discount all those old notes as yet !!SarbajitOn Sat, Nov 26, 2016 at 10:20 AM, RIM Chennai <rim.chennai@gmail.com> wrote:Sir, is there any clause in RBI promise that mentions about identity?.Moreover, please let enlighten me on this point: Who has the power to announce demonetisation: the RBI Governor or the Government. I do not have much knowledge on this.Regards
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[IAC#RG] My Open Letter to Aam AAdmi Party: Show the Donations or Face Satyagraha
Today on November 26- the Foundation Day of Aam Aadmi Party (AAP) - I urge all to ask a question: Was transparent Online Donations Not the BIGGEST reason that AAP was the mascot of Clean Politics?
Please spare a minute and read my OPEN LETTER to Aam Aadmi Party, to restore the same transparency:
Board Certified Neonatologist
Chicago, USA
Phone: USA: +1- 217 720 9331 ; India: +91 98737- 03054
Chicago, USA
Phone: USA: +1- 217 720 9331 ; India: +91 98737- 03054
Skype: munish.raizada
Editor-in-Chief: http://www.newsgram.com/
Follow me at:
[IAC#RG] 're Shri Narasimhan's suggestion
I completely agree with this analysis. It hits the nail on the head. We must stop being a nation of liars, cheats and embezzlers.
This has to start with the rulers - politicians and bureaucrats. Appropriate agencies must investigate the illegally acquired assets of all IAS and provincial cadre gov't.servants and all politicians from the top to the bottom - BDOs, Patwaris, etc., and including panchayat heads and benami assets.
Indians need a new civic culture, a change of heart, a distaste for illegal activities which will, unfortunately, only come when the dishonest are found out, shamed and suitably punished, whatever their status. And we must give up the foolish belief that a dip in the holy Ganga or a gift to a god will wipe out the sins of kalpas of lying, cheating, stealing, embezzling, and slowly killing children, women and the poor by embezzling their dues.
Joya Roy
Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000OHD
Mr Rangarajan, Please don't try to use the same trick which every BJP persons are trying to seal those airing views such as that of Mr Sarbajith as antinational. Mr Sarbajith has brought out issues so clearly but no body is in a position to establish that he is wrong and only way to save the face seams to be calling him as anti national.
After reading different views I'm able to understand that people who are talking the language of the government are those who are likely to having lot of black money. BJP is mostly of businessmen and highly placed people who normally has lot of Black money. They are probably afraid that if they speak against government they may be raided or corruption /black money cases will be framed against them. This is not fair if such people go Scot free. Khejriwal and Mamtha and for that matter Mr Sarbajit are bold and must be because they don't have any thing to hide. See all others they keep their stand fluid always. I'm not coming to any conclusion but it is a point to be pondered on seriously. Mr Rangarajan let us discuss logically.
On Thursday, November 24, 2016 12:47 PM, Rangarajan Mathre <indiaresists@lists.riseup.net> wrote:
Dear Sarbajit Roy,
If you say you have no faith in the currency issued by Govt of India, which means you have no allegiance to Constitution of India and so unfit to be an Indian citizen - It is better you migrate out of India where you have faith in the currency of that country.
warm regards / rangarajan
From: Sarbajit Roy <sroy.mb@gmail.com>
To: "Public, Query" <publicquery@rbi.org.in>; indiaresists <indiaresists@lists.riseup.net>; alpanakillawala@rbi.org.in; demonetisation-dfs@gov.in; missionfi@nic.in; cmdelhi <cmdelhi@nic.in>
Sent: Thursday, 24 November 2016 9:27 AM
Subject: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
I am holding some OHD note of Rs. 500 and also some OHD notes of Rs. 1000.However, each of the withdrawn note carries the assurance of the Reserve Bank of India, through its Governors, that "I promise to pay the bearer the sum of Five Hundred Rupees". or "I promise to pay the bearer the sum of One Thousand Rupees".The term "legal tender" essentially means "coins or banknotes that must be accepted if offered in payment of a debt"To:1) The Governor, Reserve Bank of India2) The Secretary, Department of Financial Services (GOI),3) Chief Minister of DelhiDear SirsSub: Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHDI am informed that the Govt of India on 8 November 2016 has notified that OHD notes of Rs. 500 and Rs. 1,000 are withdrawn and shall not be legal tender w.e.f midnight between 08.11.2016 and 09.11.2016.
I wish to be immediately paid in sum against these notes since I no longer have faith in currency notes issued by RBI and I am also not at all prepared to accept in exchange the new promissory notes being issued by RBI which are presently worthless to me and which contain an unacceptable political slogan.Furthermore, since these OHD notes with me are genuine bearer notes issued by Governor RBI and withdrawn from ATMs / counters of PSU Banks, I am not prepared to provide / show any identification to exchange them since these are bearer notes.
Accordingly, kindly inform me when, where and how I can immediately exchange my aforesaid OHD notes for their sum.NB: This communication is sent in larger public interest of persons who insist on financial inclusion in banking systemsincerelyEr. Sarbajit RoyNational ConvenorINDIA FIGHTS CORRUPTIONConvenorFIPS FORUM (Financial Inclusion and Payment Systems Forum)
Address: B-59 Defence Colony, New Delhi 110024Tel : +91-8010205897
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Re: [IAC#RG] PUBLIC NOTICE: India Against Corruption's stand on note demonetisation
A very good and bold stand and I very much appreciate and support wholeheartedly - I wish all the success to IAC
From: Sarbajit Roy <sroy.mb@gmail.com>
To: indiaresists <indiaresists@lists.riseup.net>
Sent: Friday, 18 November 2016 3:03 PM
Subject: [IAC#RG] PUBLIC NOTICE: India Against Corruption's stand on note demonetisation
National ConvenorSarbajit Royfor INDIA AGAINST CORRUPTION4) That INDIA AGAINST CORRUPTION is specifically concerned that haawla operators in the diamond, jewellery and beef export trades etc. which are massively dependent on FICN (fake Indian currency notes) are financing so-called "volunteer" forces to cause disturbances on the streets INDIA AGAINST CORRUPTION is especially concerned that IAC's name and impeccable goodwill will be infringed by these anti-national forces to tarnish IAC's reputation through fake volunteers actually from certain political parties opposed to demonetisation.3) That INDIA AGAINST CORRUPTION is greatly concerned that aforesaid black-marketeers, FICN distributors and hawala operators are propping up anti-national forces to tap into the increasing public unrest against the poor execution of demonetization scheme on the ground.2) That whereas INDIA AGAINST CORRUPTION supports Mr. Narendra Modi's action in carrying out this massive financial exercise in secrecy by a few officers of integrity, INDIA AGAINST CORRUPTION is equally concerned that some elements within Mr. Modi's party and Govt leaked the scheme thereby diluting its effect aganst the black-marketeers, FICN distributors and hawala operators.1) That the INDIA AGAINST CORRUPTION fully supports the demonetisation of currency notes of Rs. 500 and Rs. 1,000 denominations announced on 8.Nov.2016, albeit it taking place 18 months after INDIA AGAINST CORRUPTION had demanded this measure from RBI on 6.April.2015 due to rampant fake currency menace affecting common person.the Public at LargeTo:All India Against Corruption subscribers, and18 November 2016
PUBLIC NOTICE: India Against Corruption's stand on note demonetisationAfter extended discussions on IAC's national and regonal networks, the INDIA AGAINST CORRUPTION declares its position on the recent demonetisation scheme as follows:-
5) That INDIA AGAINST CORRUPTION denounces Shri Anna Hazare for stooping so low to be regularly associating with anti-national forces who are connected to beef export rackets and hawala operators. INDIA AGAINST CORRUPTION wonders who is actually controlling Shri. Anna Hazare that he is ignoring all the warnings and cautions which INDIA AGAINST CORRUPTION is regularly sending to him at Anna's official email ID against associating with these anti-national forces.
6) That INDIA AGAINST CORRUPTION advises its subscribers to be vigilant and report to us any instances of misuse of IAC's name and also the money laundering they observe through banking system, which IAC will report to concerned authorities.
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Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Dear RIM Chennai
AFAIK there is no specific identity requirement on "bearer" notes, but RBI does have some Note Exchange Rules."26. Legal tender character of notes.—
(1) Subject to the provisions of sub-section (2), every bank note shall be legal tender at any place in India in payment, or on account for the amount expressed therein, and shall be guaranteed by the Central Government.
(2) On recommendation of the Central Board the Central Government may, by notification in the Gazette of India, declare that, with effect from such date as may be specified in the notification, any series of bank notes of any denomination shall cease to be legal tender save at such office or agency of the Bank and to such extent as may be specified in the notification.
This implies that each and every change the Central Govt (ie. all those daily flip-flops Modi/Jaitley are doing) must be done on a recommendation of the RBI's Central Board (defined in Section 8 of RBI Act.
Although there are many PILs on this, the one to watch out for is by SC advocate V.K.Biju where section 26(2) is under challenge.
It is almost definite (ie. a sure thing) that Modi has been doing all those daily changes without explicit recommendations of the RBI's Central Board (although since it a rubber stamp board now with Raghuram Rajan gone they will probably fabricate and backdate these).
I don't know how any Govt / Central Bank can argue that it can issue (ie. print) unlimited Notes, that we fool citizens are meant to accept them blindly, and then they can withdraw these notes without notice and say we shall only return 1 out of every 1,000 notes we issued to you and that too at any time we please.
I would love to see/hear RBI Governor URJIT PATEL say this from his own lips.
So don't rush to exchange / sell at a steep discount all those old notes as yet !!
Sarbajit
On Sat, Nov 26, 2016 at 10:20 AM, RIM Chennai <rim.chennai@gmail.com> wrote:
Sir, is there any clause in RBI promise that mentions about identity?.Moreover, please let enlighten me on this point: Who has the power to announce demonetisation: the RBI Governor or the Government. I do not have much knowledge on this.Regards
[IAC#RG] Fwd: Bharat Bandh on 28th will please black money holders
To
India Against Corruption
1% of the Indian population hold 58% of the wealth in the country. Most of these people amassed huge black money by evasion of tax and adopting unethical business practices. Most of the private educational institutions and hospitals hold huge black money apart from other agencies like real estate builders. Demonetisation is hitting them hard.
All these people are scared that unstoppable Modi government will expose them and make them behave and seize the black money kept in various forms.
These black money holders and opposition political parties want Modi to be defeated and not black money to be wiped out.
People in the lower income group realise the objective of the demonetisation and are willing to wait for the positive results and put up with the temporary difficulties. Unfortunately, their views are not highlighted in the media.
But, the opposition political parties do not care that common man including those in the lower income group who are the daily wage earners will suffer due to bharat bandh.
N.S.Venkataraman
Nandini Voice For The Deprived
Chennai
Bharat Bandh on 28th will please black money holders
Bharat bandh called by the opposition political parties on 28th November to protest against demonetisation steps of Modi government will certainly please the black money holders and corrupt persons in the country.
1% of the Indian population hold 58% of the wealth in the country. Most of these people amassed huge black money by evasion of tax and adopting unethical business practices. Most of the private educational institutions and hospitals hold huge black money apart from other agencies like real estate builders. Demonetisation is hitting them hard.
All these people are scared that unstoppable Modi government will expose them and make them behave and seize the black money kept in various forms.
These black money holders and opposition political parties want Modi to be defeated and not black money to be wiped out.
People in the lower income group realise the objective of the demonetisation and are willing to wait for the positive results and put up with the temporary difficulties. Unfortunately, their views are not highlighted in the media.
But, the opposition political parties do not care that common man including those in the lower income group who are the daily wage earners will suffer due to bharat bandh.
N.S.Venkataraman
Nandini Voice For The Deprived
Chennai
Re: [IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha Shastra
I wouldn't invest my time in finding the source code on this one. As you suggest, it has been doing the rounds for a while....perhaps because many are convinced of the purport. The veracity then becomes quite secondary.
From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net> on behalf of Sarbajit Roy <sroy.mb@gmail.com>
Sent: Saturday, November 26, 2016 12:16 PM
To: indiaresists
Subject: [IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha Shastra
Sent: Saturday, November 26, 2016 12:16 PM
To: indiaresists
Subject: [IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha Shastra
To:
Rear Admiral (Retd.) Mahendra Taneja
Sir,
You have sent the following message to IAC mailing list, which is in moderation queue and fwd'ed to me for approval by another moderator.
When Mamata Bannerjee, Shiv Sena leaders, Kejriwal and other people are protesting against Demonetisation move of the PM, I am reminded of a famous quote by Chanakya( Kautilya ) in his Artha Shastra.
"Learn that when thieves, dacoits, traitors in the country become restless, shouting and trying to create anarchy; then believe that the King is ruling well"
Since our learned and scholarly list moderator is unable to locate the source of this famous quotation (which is also doing rounds of social media for past 6 days) in the nowadays "standard" reference of R. Shyamasastry's Arthashastra, perhaps there is some mistranslation in your version, and you can assist us by locating its source from which you were reminded.
You are doubtless aware that the real Artha Shastra of Chanakya is "lost" for centuries now and only available to certain Pandits of Kashi, and what was allegedly "rediscovered" in 1907 (coincidentally by the very same Shyamasastry) is a poor forgery.
sincerely
Sarbajit Roy
[IAC#RG] Demonetisation - alleged Quote from Chanakya's Artha Shastra
To:
Rear Admiral (Retd.) Mahendra Taneja
Sir,
You have sent the following message to IAC mailing list, which is in moderation queue and fwd'ed to me for approval by another moderator.
When Mamata Bannerjee, Shiv Sena leaders, Kejriwal and other people are protesting against Demonetisation move of the PM, I am reminded of a famous quote by Chanakya( Kautilya ) in his Artha Shastra.
"Learn that when thieves, dacoits, traitors in the country become restless, shouting and trying to create anarchy; then believe that the King is ruling well"
Since our learned and scholarly list moderator is unable to locate the source of this famous quotation (which is also doing rounds of social media for past 6 days) in the nowadays "standard" reference of R. Shyamasastry's Arthashastra, perhaps there is some mistranslation in your version, and you can assist us by locating its source from which you were reminded.
You are doubtless aware that the real Artha Shastra of Chanakya is "lost" for centuries now and only available to certain Pandits of Kashi, and what was allegedly "rediscovered" in 1907 (coincidentally by the very same Shyamasastry) is a poor forgery.
sincerely
Sarbajit Roy
Friday, November 25, 2016
Re: [IAC#RG] INDIA AGAINST CORRUPTION - TAX OFFICIALS ARE WEAK LINK IN MODI GOVERNMENT
In the consumer ruled market, where one seller gets special incentive by paying officials. Then in that case other seller cant wait for the justice where for justice 80 yrs of age is small. Everyone who wants to live in the society will also run in the same flow. We are paying our servants we can question the public servants to work properly. But if you are asking the countrymen to change their mindset then you have to change the system first. We want to earn, eat and then digest and then again ready for the same cycle. Because we are busy in this public polluted system.
Ankit Khetan
India
From: Narasimhan Rajagopal <chottanash@gmail.com>
To: indiaresists@lists.riseup.net; robby <sharmarobby@hotmail.com>; prof.vakharia@gmail.com
Sent: Friday, 25 November 2016 6:09 PM
Subject: [IAC#RG] INDIA AGAINST CORRUPTION - TAX OFFICIALS ARE WEAK LINK IN MODI GOVERNMENT
Dear Sir,
I have received number of Emails from the several people regarding the subject of INDIA AGAINST CORRUPTION with several suggestions to prevent corruption in our country.
In this connection I feel that Indians will have to think and analyze the root cause and origin of corruption in our country. The corruption actually starts from our countrymen for gaining illegal or unlawful benefits from our officials who are our own countrymen by violating rule of law.
I think we should try to motivate people to resist from doing unlawful act by doing illegally by offering temptation attack from the root cause and make people to take that whatever be the incentive not to violate or any rule of law. with which only we can eliminate. This can be achieved only by sensitizing people like Politicians, Bureaucrats that we, everyone should vow not to violate the rules.
As Mr. B.D. Vakharia has stated in his email dated Nov 14,2016 the process of preventing corruption should start from Ministers and all politicians.
As Mr. B.D. Vakharia has stated in his email dated Nov 14,2016 the process of preventing corruption should start from Ministers and all politicians.
R.Narasimhan
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Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Sir, is there any clause in RBI promise that mentions about identity?.
Moreover, please let enlighten me on this point: Who has the power to announce demonetisation: the RBI Governor or the Government. I do not have much knowledge on this.
Regards
[IAC#RG] INDIA AGAINST CORRUPTION - TAX OFFICIALS ARE WEAK LINK IN MODI GOVERNMENT
Dear Sir,
I have received number of Emails from the several people regarding the subject of INDIA AGAINST CORRUPTION with several suggestions to prevent corruption in our country.
In this connection I feel that Indians will have to think and analyze the root cause and origin of corruption in our country. The corruption actually starts from our countrymen for gaining illegal or unlawful benefits from our officials who are our own countrymen by violating rule of law.
I think we should try to motivate people to resist from doing unlawful act by doing illegally by offering temptation attack from the root cause and make people to take that whatever be the incentive not to violate or any rule of law. with which only we can eliminate. This can be achieved only by sensitizing people like Politicians, Bureaucrats that we, everyone should vow not to violate the rules.
As Mr. B.D. Vakharia has stated in his email dated Nov 14,2016 the process of preventing corruption should start from Ministers and all politicians.
As Mr. B.D. Vakharia has stated in his email dated Nov 14,2016 the process of preventing corruption should start from Ministers and all politicians.
R.Narasimhan
Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
While I hope and pray that the PM's exercise bears the much needed fruits, I agree with Shri Sarabjit that there is a process for remonetization, that is followed in developed countries. Sweden is currently under remonetization and have clearly spelled the schedule. You can send the bank the old money by post for exchange, which they do deducting some adminstrative expenses.
Counterfeit notes is a serious problem which the remonetization move in the country can solve, but I sure it will restart soon, if our new currency notes do not have adequate security built in, which, from what I read in the news, is the case. I would like to be assured that I am wrong on this.
Money earned for which tax has not been paid, also known as 'unaccounted money' is present in all economies, though the percent varies. In India, it is large because of our attitude to not pay taxes, and our traditional cash based economy. In this context, unaccounted money will resurface in a very short while.
The cash based economy has also exists because we don't like to pay our dues in time, persons who issue bouncing-cheques are not punished promptly. I doubt if this attitude will go with one remonetization! We may need regular demonetization. In that case currency with an expiry date may be a solution so that no one will hoard it. All this anxiety, long queues, man-hours lost .
MGR Rajan
From: indiaresists-request@lists.riseup.net <indiaresists-request@lists.riseup.net> on behalf of Sarbajit Roy <sroy.mb@gmail.com>
Sent: Friday, November 25, 2016 11:25:57 AM
To: indiaresists
Subject: Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Sent: Friday, November 25, 2016 11:25:57 AM
To: indiaresists
Subject: Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Dear CA Chitranjan
Thanks for your courtesy.Incidentally, we have about 2,000 CAs (also about 5,000 doctors, 3,000 engineers/scientists, 5,000 'faujis', 2,000 media persons) on this mailing list, so we very greatly value contributions of subject experts.
The problem starts when people begin confusing this aforesaid noble objective with "black" money (ie. unaccounted money) and begin invoking patriotism for a purely routine technical currency flushing exercise.
I especially direct you to the BANK OF ENGLAND'S procedures for "remonetisation"
They give 8 months prior notice and accept anonymous bearer exchange, including by post.
The Bank of England also clarifies that genuine notes retain their face value for all time and can be exchanged free of cost by note holders, in post.
http://www.bankofengland.co.uk/banknotes/Pages/about/faqs.aspx#50
When IAC had approached RBI on 6.April 2015 (and even earlier also) requesting demonetisation of Rs. 500 notes and Rs. 1,000 notes of Mahatma Gandhi series, we did so because for FICN menace and for no other reason. We were promptly assured (repeatedly) by RBI that our demand was being seriously considered.
When IAC had approached RBI on 6.April 2015 (and even earlier also) requesting demonetisation of Rs. 500 notes and Rs. 1,000 notes of Mahatma Gandhi series, we did so because for FICN menace and for no other reason. We were promptly assured (repeatedly) by RBI that our demand was being seriously considered.
We are shocked to hear today that apparently Govt has filed some affidavit in SC that only Rs.400 cr of FICN are in circulation. If true, this is a completely untrue statement on part of Govt because around 15% of OHDs circulating in 'dehaat' (where banking is poor or non-existent) were very high quality fakes as per their own secret intelligence reports. Incidentally the Rs. 400 cr FICN estimate emanates from a completely unscientific study done in April-May 2016 by Indian Statistical Institute Kolkata essentially based on fake currency detected by 3 Private URBAN Banks - ICICI, HDFC and Axis.
The other question is who is actually printing India's notes, and why they lack vital security features ?
It is common knowledge that today the civilised world is switching over to engineered polymer notes and all the paper based currency presses are lying under-utilised. I can very easily allege with basis that somebody high up in the present Govt has corruptly ordered the printing of notes by some international security printing cartels to exploit this artificial currency crisis they have created and will be earning thousands of crores by virtue of their monopoly supply over "legal tender" currency notes which are being routed through "mafia" of 4 banks in this racket, SBI, ICICI, HDFC and Axis.
Your views and those of our other CA members to my submissions will be appreciated.
sincerely
Sarbajit Roy
On Thu, Nov 24, 2016 at 2:18 PM, CA Chitranjan Bharadia <chitranjan@bharadiamaheshwari.com> wrote:
Dear Sarbajit
Thanks for your reply, I have not impugn your honesty/ integrity/ patriotism, however I admire you for your good work and salute you.
What forced me to write you that legally its correct and right that RBI has to pay to the bearer of the HDN, however if any person goes to RBI with 100 Cr, and ask for exchange or pay then also RBI will give, however he/ she has to give their identify / proof so that later various department can ask them, about how they received these currency, whether income tax was paid ? whether it was generated from illegal means etc... so its logic about it,
Yes, law is very much right that RBI has to pay, however I am not with you in this matter, whereby you wrote that you will not give your identify as it will motivate the people, who are having black money and they can move to the court, so I write you not to raise such issue
Thanks with Best Regards
CA Chitranjan Bharadia
Thursday, November 24, 2016
Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
Dear CA Chitranjan
Thanks for your courtesy.Incidentally, we have about 2,000 CAs (also about 5,000 doctors, 3,000 engineers/scientists, 5,000 'faujis', 2,000 media persons) on this mailing list, so we very greatly value contributions of subject experts.
The problem starts when people begin confusing this aforesaid noble objective with "black" money (ie. unaccounted money) and begin invoking patriotism for a purely routine technical currency flushing exercise.
I especially direct you to the BANK OF ENGLAND'S procedures for "remonetisation"
They give 8 months prior notice and accept anonymous bearer exchange, including by post.
The Bank of England also clarifies that genuine notes retain their face value for all time and can be exchanged free of cost by note holders, in post.
http://www.bankofengland.co.uk/banknotes/Pages/about/faqs.aspx#50
When IAC had approached RBI on 6.April 2015 (and even earlier also) requesting demonetisation of Rs. 500 notes and Rs. 1,000 notes of Mahatma Gandhi series, we did so because for FICN menace and for no other reason. We were promptly assured (repeatedly) by RBI that our demand was being seriously considered.
When IAC had approached RBI on 6.April 2015 (and even earlier also) requesting demonetisation of Rs. 500 notes and Rs. 1,000 notes of Mahatma Gandhi series, we did so because for FICN menace and for no other reason. We were promptly assured (repeatedly) by RBI that our demand was being seriously considered.
We are shocked to hear today that apparently Govt has filed some affidavit in SC that only Rs.400 cr of FICN are in circulation. If true, this is a completely untrue statement on part of Govt because around 15% of OHDs circulating in 'dehaat' (where banking is poor or non-existent) were very high quality fakes as per their own secret intelligence reports. Incidentally the Rs. 400 cr FICN estimate emanates from a completely unscientific study done in April-May 2016 by Indian Statistical Institute Kolkata essentially based on fake currency detected by 3 Private URBAN Banks - ICICI, HDFC and Axis.
The other question is who is actually printing India's notes, and why they lack vital security features ?
It is common knowledge that today the civilised world is switching over to engineered polymer notes and all the paper based currency presses are lying under-utilised. I can very easily allege with basis that somebody high up in the present Govt has corruptly ordered the printing of notes by some international security printing cartels to exploit this artificial currency crisis they have created and will be earning thousands of crores by virtue of their monopoly supply over "legal tender" currency notes which are being routed through "mafia" of 4 banks in this racket, SBI, ICICI, HDFC and Axis.
Your views and those of our other CA members to my submissions will be appreciated.
sincerely
Sarbajit Roy
On Thu, Nov 24, 2016 at 2:18 PM, CA Chitranjan Bharadia <chitranjan@bharadiamaheshwari.com> wrote:
Dear Sarbajit
Thanks for your reply, I have not impugn your honesty/ integrity/ patriotism, however I admire you for your good work and salute you.
What forced me to write you that legally its correct and right that RBI has to pay to the bearer of the HDN, however if any person goes to RBI with 100 Cr, and ask for exchange or pay then also RBI will give, however he/ she has to give their identify / proof so that later various department can ask them, about how they received these currency, whether income tax was paid ? whether it was generated from illegal means etc... so its logic about it,
Yes, law is very much right that RBI has to pay, however I am not with you in this matter, whereby you wrote that you will not give your identify as it will motivate the people, who are having black money and they can move to the court, so I write you not to raise such issue
Thanks with Best Regards
CA Chitranjan Bharadia
Re: [IAC#RG] Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHD
dear mr roy
i must congratulate you .
more i read your mail more impressed i get.
there is need to take some drastic actions.
what, when and how needs discussion.
when ever i next come to delhi i will inform you and will like to meet you at your convenience
regards
d k taneja
On Fri, Nov 25, 2016 at 10:12 AM, Sarbajit Roy <sroy.mb@gmail.com> wrote:
Kindly address my concerns emailed yesterday, in public interest, for modalities of exchanging demonetised SBN notes of Rs. 500 and Rs. 1000 into coins by their bearers.To:1) The Governor, Reserve Bank of India
2) The Secretary, Department of Financial Services (GOI),3) Chief Minister of Delhi4) Helpline Reserve Bank of India New DelhiDear SirsSub: Further Public Queries on Demonetisation of Rs. 500 and Rs. 1000 OHD / SBNI am given to understand that my concerns have been considered at the very highest level of Government of India and the response is to immediately prohibit exchange of these notes at the banks. It is thereby implicit that the Govt of India does not have sufficient sum at the present time to repay me or the poor people of India who have been deceived into accepting these notes.Because it is very curious that RBI is not adhering to its promise to exchange on demand the notes issued by its Governors from time to time, I am again reminding all of you of section 26 of RBI Act 1934, and accordingly calling upon you, jointly and severally, to promptly inform me as follows:-
When, where and how can bearers of OHD /SBN notes exchange these for
sum.I reiterate that I am rapidly losing faith in currency notes issued by RBI and the stability of the Indian banking system, especially PSU Banks, which is tottering on the verge of collapse due to continuous mismanagement by RBI and interference of political classes, and hence I require to be paid back immediately.It is also pertinent to mention that after repeated complaints to my Bankers (M/s Andhra Bank) of non-availability of currency notes, I was allowed to withdraw yesterday only Rs. 6,000 in new / unused (ie. 2016 series) notes of Rs. 100 denomination against cheque, through cashier.However, these notes issued to me by M/s Andhra Bank appear to be fake / defective / forged for the reason that they are issued with consecutive serial numbers. In this connection I refer to the extantCuurency Notes FAQ issued by RBI accessible at
https://www.rbi.org.in/scripts/BS_CurrencyFAQView. aspx?Id=39 It appears therefrom that all notes issued by RBI till August 2006 were serially numbered, and thereafter in 2011 the RBI introduced the international best practice of non-sequential numbering with a view to enhancing operational efficiency and cost effectiveness in banknote printing and packets of banknotes will have notes which are not sequentially numbered.It is therefore a great mystery / concern how the PSU banks are issuing these crisp 2016 series sequentially numbered notes to the depositors. I urgently need to know if these notes given to me by Andhra Bank are fake and if public should continue to accept sequentially numbered notes issued after 2011.All of you will appreciate that there is a great deal of misinformation and rumours circulating on the unregulated foreign social media networks like Facebook, Twitter, Whatsapp etc. causing us to approach you for with our PUBLIC QUERIES to our genuine concerns.NB: This communication is sent in larger public interest of persons who insist on financial inclusion in banking system and demand satisfaction for the notes they hold and wish to present for payment in coinage of correct value (value as on stroke of midnight between 8.11.2016 and 9.11.2016).sincerelyEr. Sarbajit RoyNational ConvenorINDIA FIGHTS CORRUPTIONConvenorFIPS FORUM (Financial Inclusion and Payment Systems Forum)
Address: B-59 Defence Colony, New Delhi 110024Tel : +91-8010205897On Thu, Nov 24, 2016 at 9:27 AM, Sarbajit Roy <sroy.mb@gmail.com> wrote:I am holding some OHD note of Rs. 500 and also some OHD notes of Rs. 1000.However, each of the withdrawn note carries the assurance of the Reserve Bank of India, through its Governors, that "I promise to pay the bearer the sum of Five Hundred Rupees". or "I promise to pay the bearer the sum of One Thousand Rupees".The term "legal tender" essentially means "coins or banknotes that must be accepted if offered in payment of a debt"To:1) The Governor, Reserve Bank of India2) The Secretary, Department of Financial Services (GOI),3) Chief Minister of DelhiDear SirsSub: Public Query on Demonetisation of Rs. 500 and Rs. 1000 OHDI am informed that the Govt of India on 8 November 2016 has notified that OHD notes of Rs. 500 and Rs. 1,000 are withdrawn and shall not be legal tender w.e.f midnight between 08.11.2016 and 09.11.2016.
I wish to be immediately paid in sum against these notes since I no longer have faith in currency notes issued by RBI and I am also not at all prepared to accept in exchange the new promissory notes being issued by RBI which are presently worthless to me and which contain an unacceptable political slogan.Furthermore, since these OHD notes with me are genuine bearer notes issued by Governor RBI and withdrawn from ATMs / counters of PSU Banks, I am not prepared to provide / show any identification to exchange them since these are bearer notes.
Accordingly, kindly inform me when, where and how I can immediately exchange my aforesaid OHD notes for their sum.NB: This communication is sent in larger public interest of persons who insist on financial inclusion in banking systemsincerelyEr. Sarbajit RoyNational ConvenorINDIA FIGHTS CORRUPTIONConvenorFIPS FORUM (Financial Inclusion and Payment Systems Forum)
Address: B-59 Defence Colony, New Delhi 110024Tel : +91-8010205897
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Dr. D. K. Taneja
MBBS, D.Orth, MS Orth, FAMS
Prof & HOD of Orthopaedic & Medical Director
Arihant Hospital & Research Centre, Indore
DNB Coordinator
President, Orthopaedic Association of SAARC Countries
Secretary General, World Orthopaedic Concern ( WOC)
Emeritus Prof. Sri Aurbindo Institute of Medical Sciences, Indore
Past President Indian Orthopaedic Association
Secretary Orthopaedic Research & Education Foundation - India
Ex. Dean MGM Medical College, Indore
MBBS, D.Orth, MS Orth, FAMS
Prof & HOD of Orthopaedic & Medical Director
Arihant Hospital & Research Centre, Indore
DNB Coordinator
President, Orthopaedic Association of SAARC Countries
Secretary General, World Orthopaedic Concern ( WOC)
Emeritus Prof. Sri Aurbindo Institute of Medical Sciences, Indore
Past President Indian Orthopaedic Association
Secretary Orthopaedic Research & Education Foundation - India
Ex. Dean MGM Medical College, Indore
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