Indian Currency Now 'Made in China', Claims Chinese Media Reports
New Delhi, August 13: Forced to produce marriage certificates and driving licences to keep the Chinese money production plants from rusting, the country is witnessing a sudden arrival of "big orders" for currency production projects from a number of countries, including India, reported South China Morning Post.
According to Liu Guisheng, president of the China Banknote Printing and Minting Corporation, China did not print foreign currency until recently.
But in 2013, Beijing launched the belt and road plan with an aim to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.
Since then the company had “seized the opportunities brought by the initiative” and “successfully won contracts for currency production projects in a number of countries including Thailand, Bangladesh, Sri Lanka, Malaysia, India, Brazil and Poland,” he said.
According to South China Morning Post, that could be just the tip of the iceberg.
Taking note of the development, Congress leader Shashi Tharoor expressed fears that it could make it easier for Pakistan to counterfeit notes and "could have disturbing national security implications".
Some governments have asked Beijing not to publicise the deal because they are worried such information could compromise national security or trigger “unnecessary debates at home”, said the Chinese paper.
"The world economic landscape is undergoing some profound changes. As China becomes bigger and more powerful, it will challenge the value system established by the West. Printing money for other countries is an important step,” said Liu Guisheng.
The international money printing market has been dominated by Western companies for more than a century, the move is seen as a reflection of Beijing's desire to increase its influence on the world economy and geopolitics.
Courtesy: www.news18.com
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UP court rejects plea seeking Rahul Gandhi's voice sample in defamation case
Sultanpur (UP) (PTI): A local MP/MLA court on Saturday rejected a plea seeking a voice sample of Rae Bareli MP Rahul Gandhi in a defamation case filed by a BJP functionary against the Congress leader, and posted the matter for next hearing on May 11.
The plea, filed by BJP leader Vijay Mishra through his counsel Santosh Kumar Pandey, had sought Gandhi's voice sample for a forensic test to compare it with an audio clip.
After the petition was dismissed, Pandey said they would file a revision plea before the sessions court against the order.
The court rejected the plea after hearing the arguments of both sides, including Gandhi's counsel Kashi Prasad Shukla.
The matter dates back to 2018 when Mishra, a local BJP leader, filed a defamation suit over Gandhi’s alleged objectionable remarks targeting Amit Shah while campaigning for the Karnataka Assembly elections.
After five years of legal proceedings, the court issued a warrant against Gandhi in December 2023.
The Rae Bareli MP surrendered before the court in February 2024, and was granted bail on two sureties of Rs 25,000 each by a special magistrate.
On July 26 last year, the Congress leader recorded his statement before the court, claiming innocence and calling the case a political conspiracy.
Earlier this year, multiple hearings were postponed due to a strike by lawyers and the ill-health of Gandhi’s counsel.
