Demonetisation a failed experiment: Yashwant Sinha
‘A view on present Indian economic condition’
Bengaluru, August 29: Former finance minister Yashwant Sinha opined that the demonetisation introduced by the Narendra Modi government at the centre was a failed experiment due to which unorganized labourers and small industries were affected.
Speaking on ‘A view on present Indian economic condition’, organized by the Rashtriya Nava Nirmana Vedike to mark the 92nd birthday of former chief minister Ramakrishna Hegde, at Bharatiya Vidya Bhavan here on Wednesday, he said that the central government had promised of bringing back the black money by implementing the demonetisation. But after demonetisation, 99.4 per cent of money has returned to the RBI. Then where the black money went, he asked.
During UPA tenure, the loan amount due for banks was Rs 2 lakh crore. But in the Narendra Modi government, it has gone up to Rs 14 lakh crore. Both the RBI and the central government have completely failed to recover the loans availed by the big industrialists and businessmen, he said.
The data of all departments including Finance Department, Labour department and others were not genuine. The central government has tried to manipulate the data and doing politics. The centre has been creating false data on job creation to mislead the people, he said.
Revenue Minister R V Deshpande also spoke on the occasion. Senior journalist Satyanarayan, Vijayamma and Desai were felicitated. Journalist Sugata Srinivasa Raju, Legislative Council Chairman Basavaraj Horatti, Vedike president Mamatha Nichani and others were present.
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Assam to lift all cases against Koch Rajbongshis in Foreigners' Tribunals: CM Himanta Biswa Sarma
Guwahati, Apr 4 (PTI): The Assam cabinet has decided to lift all cases pending against people from the Koch Rajbongshi community in the Foreigners' Tribunals, Chief Minister Himanta Biswa Sarma said on Friday.
They will also no longer carry the tag of 'D' or doubtful voters, he said.
''There are 28,000 cases pending in different Foreigners' Tribunals in the state against people of the community. The cabinet has taken a historic decision of lifting the cases with immediate effect,'' Sarma said at a press conference here after the cabinet meeting.
The government believes that the Koch Rajbongshis are an indigenous community of the state and they are an inextricable part of ''our social and cultural fabric'', he asserted.
The people of this community are poor and have suffered a lot over the years, he said.
''They will no longer carry the tag of foreigners or ‘D’ voters,'' the CM said.
Foreigners Tribunals are quasi-judicial bodies, particularly in Assam, established to determine if a person residing in India is a "foreigner" as defined by the Foreigners Act of 1946, based on the Foreigners (Tribunals) Order of 1964.
These tribunals are designed to address matters related to citizenship and the presence of “foreigners” in India, specifically focusing on cases where someone is suspected of being an illegal immigrant.
There are 100 Foreigners’ Tribunals across Assam.
The Koch Rajbongshis have a sizeable presence in Assam, West Bengal, Meghalaya, and parts of Bangladesh, Nepal, and Bhutan, and they demand Scheduled Tribe status.
