Rupee fall due to black money leaving country: Subramanian Swamy
PANAJI: BJP Member of Parliament Subramanian Swamy Sunday claimed that the value of the rupee was falling in comparison to the United States dollar because black money was "leaving" India.
Swamy was delivering a lecture titled "Indian Cultural Heritage and Its Importance" in Margao Sunday morning.
Stating that the fall in the value of the rupee had nothing to do with the US, Swamy said, "It has got to do with the fact that a large amount of black money is now leaving the country."
"When there is an over-supply of the rupee to the dollar, value is bound to go down," Swamy explained.
The rupee is the worst performing emerging market currency having lost almost 14 per cent since January this year. Between April and September the rupee has plummeted more than 7 to the dollar and has breached the psychological 73 mark last week.
The BJP leader, himself an economist, further claimed that the US dollar would continue to rule the global economy as long as that country remained the most developed nation in the world.
"The day it (USA) ceases to be most developed (nation), some other currency will take its place. But at the moment, there is no challenge to the dollar," he commented. Speaking on the topic of the lecture, Swamy said that mythological king Ravana was born near Delhi and not In ancient Lanka as is widely believed.
"He was born in a village called Bisrakh near Delhi," Swamy claimed. The MP told the gathering that Ravana, armed with a boon from Lord Shiva for a penance at Mansarovar, proceeded to defeat Kuber to become "Lanka Naresh" there.
Courtesy: timesofindia
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Count of voters in Gujarat drops by 73.73 lakh to 4.34 crore post-SIR
Ahmedabad (PTI): The names of nearly 74 lakh voters have been dropped from Gujarat's draft electoral rolls after the completion of the Special Intensive Revision (SIR) exercise, pegging the total count of electors at 4.34 crore as against the 5.08 crore earlier, an official said on Friday.
The draft electoral rolls were published here by the Election Commission on Friday.
A total of 73.73 lakh voters were omitted from the electoral rolls after the exercise initiated by the EC to clean the rolls, state Chief Electoral Officer (CEO) Hareet Shukla said.
"Before the publication of the draft electoral rolls, a total of 5,08,43,436 voters were registered in the state. After the publication of these rolls, the number of voters is now 4,34,70,109," he said.
"During the SIR campaign, the names of a total of 73,73,327 voters have been removed from the draft electoral roll," Shukla said.
The names of voters in following categories were deleted in the draft electoral rolls -- deceased voters (18,07,278), absent voters (9,69,662), voters who have permanently migrated (40,25,553), voters registered in two places (3,81,470) and others (1,89,364), a release from CEO office said.
The SIR exercise began in Gujarat on November 4 and ended on December 14.
After the publication of draft rolls, objections and claims regarding them can be submitted to authorities till January 18, the EC earlier said.
