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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Agra man arrested for harassing, touching inappropriately Czech tourist visiting Taj Mahal
Agra, Apr 6 (PTI): A man was arrested for allegedly harassing and touching inappropriately a tourist from the Czech Republic visiting the Taj Mahal, police said on Sunday.
The alleged incident occurred on April 3 and the arrest was made after a thorough investigation, they said.
In a written complaint at the Tourist police station, the woman alleged that she was "touched inappropriately and harassed" while walking along the Shamshan Ghat Road around 1 pm, they added.
The police registered a case and began a probe, deploying multiple teams to nab the accused.
Assistant Commissioner of Police (Taj Security) Syed Areeb Ahmed said, "A case was registered on the complaint of the foreign woman. Several teams were deployed to search for the accused. (Footage from) several CCTV cameras covering the area was scanned. After investigation, the accused Karan Rathore was arrested on Sunday."
The woman has identified Rathore as the accused and he has been taken into custody, the officer said.
