Demonetisation largest money-laundering scheme ever: Arun Shourie

News Network
October 4, 2017

Former union minister, economist and senior Bharatiya Janata Party (BJP) leader Arun Shourie has stepped up his attack the Narendra Modi government and its policies, terming the demonetisation exercise as a money laundering scheme.

In an interview with NDTV last night he said: "Demonetisation was a money laundering scheme. Because everybody who had black money, converted into white through banks."

Shourie further said that it was conceived by the government, entirely implemented by the government and entirely acclaimed by the government.

The former minister also suggested that none of the stated objectives was really achieved after demonetisation. He said: "Which argument today survives? Black money? All of it turned white. Terrorism? Terrorists are still coming into India. At the end they have nothing to say."

Prime Minister Narednra Modi onNovember 8, the day he announced the demonetisation, had said that the move would destroy black money and would make terrorists bankrupt. Shourie supported Yashwant Sinha and P Chidambaram's latest comments on economic slowdown. He said these economists have been 'talking about facts' that are based on the reports from The Economic Survey and the RBI.

Several economists have expressed their concern over the latest economic slowdown. India's GDP growth for the period of April-June came down to a three-year low of 5.7 per cent . The growth rate declined further from the 6.1 per cent in the preceding quarter. The Economic Survey had projected a growth of 6.75 per cent to 7.5 per cent for 2017-18.

"Is it a fact or not that GDP has collapsed to 3.7 per cent according to the old series? Is it a fact or not that index of industrial production has gone down from about 9 per cent in 2015-16 to about 1.7 per cent in April to July? Is it not a matter of concerned," Shourie asked.

Earlier in September, former Finance Minister Yashwant Sinha wrote a hard-hitting article , accusing Finance Minister Arun Jaitley of destroying the economy. He had also termed the demonetisation as an unmitigated economic disaster that has played havoc with businesses.

Sinha had underlined, in the article, the recent economic crisis and said: "Private investment has shrunk as never before in two decades, industrial production has all but collapsed, agriculture is in distress, construction industry, a big employer of the work force, is in the doldrums, the rest of the service sector is also in the slow lane, exports have dwindled, sector after sector of the economy is in distress."

This is not the first time when Shourie has criticized the government and its policies. In January this year, Arun Shourie said that the demonetisation  was the 'greatest economic blunder in 70 years '. While seaking at the National Institute of Advanced Studies in Bengaluru, the former minister in Vajpayee's government said, "Demonetisation is the symptom of a pattern of government where there is no consultation. It may happen again and again."

Nine months later, Shourie again lambasted the top leadership and said those running the government do not seek any advice or hear the facts. He said: "This is a government of two-and-a-half persons, that is, Narendra Modi, Amit Shah and one in-house lawyer. They don't have the expertise and they have surrounded themselves by persons who don't have the expertise."

Comments

Rajkumar
 - 
Wednesday, 4 Oct 2017

Manmohan singh was far far better than jaitley and Feku

Unknown
 - 
Wednesday, 4 Oct 2017

Retired so called intellectuals should not mislead the country. I do not get a single point of argument for the statements made. Let us see logic and statistics. Just because the media wants rubbish and you have an opportunity, plz do not does below. Plz put forth logic so that we citizens can understand something better. Our understanding  of things as of today doesn't tally with the outburst.

Naveen
 - 
Wednesday, 4 Oct 2017

Well said. "Idiotic jolt"

Danish
 - 
Wednesday, 4 Oct 2017

If anybody say against truth modi, Cheddis will say u to go to Pakistan 

Ganesh
 - 
Wednesday, 4 Oct 2017

Not only demonetisation, there are many examples of failed attempts. Gst also in that list. Now we people paying 3taxes. Do you think its easy to pay as being a middle class man

Kumar
 - 
Wednesday, 4 Oct 2017

Sanghis sold thier brain. Even after many destructive decisions they will tell Modi is best and he is doing for our good

Sandesh
 - 
Wednesday, 4 Oct 2017

Feku wont listen. He is in his dreamy world 

Rohit shetty
 - 
Wednesday, 4 Oct 2017

"The king is naked"
Should not tell truth, or else you will get punishment

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News Network
May 5,2020

Mangaluru, May 5: The Dakshina Kannada district administration has denotified two containment zones, Sampya in Puttur and Thumbe in Bantwal. They were declared containment zones after one coronavirus positive case was reported from each area.

All the primary and secondary contacts of the patients have completed home quarantine period, said DC Sindhu B Rupesh.

The district administration hitherto had already denotified three other such containment zones based on a report of DHO,  after no new case was reported in the area in the last 28 days.

At present, the district has six containment zones-- Shakthinagara, Boloor, First Neuro Hospital in Mangaluru city, Uppinangady in Puttur, Kasaba and Narikombu in Bantwal taluk.

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News Network
May 9,2020

Mangaluru, May 9: Dakshina Kannada District Collector Sindhu B Roopesh on Friday held a meeting to discuss the precautionary measures to be taken to prevent the spread of COVID-19 and the current situation in the district.

The meeting was attended by Member of Parliament and Karnakata BJP unit chief Nalin Kumar Kateel, Minister-in-charge of Dakshina Kannada Kota Srinivasa Poojary, MLA Vedavas Kamath and District Medical Officer Dr Ramachandra Bauri among others were present there.

Top officials of the police department, labour department officials and other concerned persons were also present in the meeting.

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coastaldigest.com web desk
June 8,2020

New Delhi, Jun 8: Two civil defence employees have been arrested by the Rajasthan Police today in Jaipur based on Military Intelligence (MI) inputs that they had been passing on sensitive information to Pakistan's spy agency ISI.

The arrested are: Vikas Kumar (29), a civil defence employee at an army ammunition depot near Shri Ganganagar (Rajasthan) and Chiman Lal (22), a civil contractual employee of the army's Mahajan Field Firing Range (MFFR), Bikaner. 

Both were working as espionage agents on behalf of Pakistan's intelligence agency and were giving out details of Ammunition and MFFR, vital military installations in India's Western front. 

The MI Lucknow's operation named Desert Chase assumes great importance as the Shri Ganganagar Ammunition Depot and Bikaner MMFR are strategically important military installations on the western front along the Pakistan border.

The work on the "operation" began in August 2019, when the MI Lucknow, through its sleuths, learnt about an espionage agent near Sri Ganganagar who was passing military information to his handlers in Pakistan. The individual was identified as Vikas Kumar - the civil defence employee at an army ammunition depot near Sri Ganganagar.

The MI Lucknow shared the case with UP ATS in the month of January 2020. Vikas's activities were monitored and analysed by a joint team of MI Lucknow and UP ATS. The operation was code-named 'Desert Chase'.

Based on these, it was learnt that Vikas is acquiring photos of a "water distribution register" at a water point/pump house in MFFR through a contractual civil employee named Chiman Lal. The development of the case was halted due to the start of the lockdown period all across the country.

Finally, the case shared with Rajasthan Police Intelligence in the first week of May 2020. A joint team was formed between Rajasthan Police-Intelligence and MI Lucknow.

Fresh leads were found as new payments were detected along with a trail of sensitive information being passed on to Pakistan by two accused.  

Vikas Kumar confessed to having passed the following information to Pakistan:

•    Details received from Chiman Lal about Army units and their strength coming to MFFR.
•    Details of ammunition coming to his ammunition depot including their type, quantity, mode of transportation, date of arrival on a routine basis (almost every time it came to his notice).
•    Details of ammunition (to include their type, quantity and mode/date of transportation) further distributed/transferred to local army establishments/units (including two local brigades) and elsewhere from his ammunition depot.
•    ORBAT (Order of battle; composition related details) of two local army brigades and all changes in them as they came to his notice.
•    Name, rank and personality traits of some Senior Military Officers in the two army brigades nearby, his ammunition depot and others who visited the military station.
•    Photos of arms, ammunition, tanks other military vehicles (with their tactical numbers) at MFFR whenever he could visit it after April 2019.

Vikas also confessed to having received at least Rs 75,000 in total from his Pakistani handler for the information he has shared during this entire period. He used to receive them mostly on bank accounts of his and his brother, Hemant Kumar. The latter was found to have no links to the espionage case otherwise. Out of this sum, he had paid approximately Rs 9,000 in total to Chiman Lal for his assistance in lots of Rs 1000- Rs 2000 since their first meet.

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