-PTI NEW DELHI: The finance mnistry has refused to share copy of three reports on the quantum of Black money held by Indians inside the country and abroad, saying its disclosure would cause a breach of privilege of Parliament. The then UPA government had in 2011 commissioned these studies by Delhi-based National Institute of Public Finance and Policy (NIPFP) and National Council of Applied Economic Research (NCAER) as well as the National...
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Cost of Modi's demonetisation: IAF raised bills of Rs 29.41 crore to ferry currency notes, reveals RTI
-PTI New Delhi: Over Rs 29.41 crore was spent on using the Indian Air Force’s ultra-modern transport aircraft — the C-17 and the C-130J Super Hercules — to ferry the newly-issued Rs 2,000 and Rs 500 currency notes post-demonetisation, according to an RTI reply. The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016, and saw 86 per cent...
More »Manoranjan S Roy, RTI activist, interviewed by Ashutosh Sharma (National Herald)
-National Herald He fears for his life and safety of his family, admits the activist from Mumbai, explaining his reluctance to speak to the media and appear on TV. Visiting the national capital for filing his petition before the Supreme Court, Manoranjan S Roy resisted attempts to drag him to TV studios. Life for him had changed ever since his RTI applications revealed discrepancies between the supply and deployment of Electronic...
More »Money parked by Indians in Swiss banks rose over 50% to Rs. 7000 crore in 2017
-PTI The surge comes as a surprise given India’s continuing clampdown on suspected Black money stashed abroad. Zurich/ New Delhi: Money parked by Indians in Swiss banks rose over 50% to Swiss Francs (CHF) 1.01 billion (?7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected Black money stashed there. In comparison, the total funds held by all foreign clients of Swiss banks rose about 3% to CHF1.46 trillion...
More »Ahmedabad District Cooperative Bank collected highest amount of banned notes among DCCBs: RTI reply
-IANS A district cooperative bank, Ahmedabad District Cooperative Bank (ADCB), netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received by a Mumbai activist. ADCB secured deposits of Rs 745.59 crore of the spiked notes -- in just five days after Prime Minister Narendra Modi made the demonetisation announcement. All the district cooperative banks...
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