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No plan to seal lockers, confiscate jewellery : Government

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jewellery shop in delhi

New Delhi, 18 Nov 2016 : “Myth: Next move is to seal bank lockers and confiscate gold, diamonds and jewellery. Reality: This is baseless. There is no proposal to seal bank lockers and confiscate the jewellery,” the ministry tweeted.

The ministry also said the Rs 2,000 notes have an “intaglio” (a design that is incised or engraved into a material) safety feature.

“To identify a genuine note when you rub it against a cloth, a turbo-electric effect is generated, which and it is due to this that the note’s ink gets transferred on to the cloth,” the ministry said.

It did seven tweets in Hindi in “myth and reality” format.

The ministry rebutted the rumours that the government’s demonetisation move was only a cosmetic exercise and that people would be able to find out other ways to keep their black money.

“The enforcement agencies are keeping a vigil. Necessary changes have been made in Benami Transactions Act and in agreement of sharing information for curbing black money,” the Finance Ministry tweeted.

It also refuted reports that new notes have chips installed in it for keeping a tab on black money hoarders. “These are all baseless and imaginary reports,” it clarified.

In response to a “myth” that cost of implementing the demonetisation move is greater than the profit, it would yield, the ministry said: “Parallel economy casts the shadow on the country’s economy and adversely impacts the poor and middle The ministry also denied allegations that some corporate houses and party people were already tipped off about government’s demonetisation move.

“All precautions were taken to keep the move confidential and nobody was aware of this move or its preparations,” said one of its tweets.

It also referred to a “myth” that the government is planning to demonetise Rs 100 and Rs 50 notes.

“It is completely baseless. The government has not thought of demonetising currency of any other denomination,” it said.

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PDP chief Mehbooba Mufti released from detention after 14 months

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Jammu, 13 Oct : Former Jammu and Kashmir chief minister and Peoples Democratic Party (PDP) leader Mehbooba Mufti was on Tuesday released from detention. “PDP chief Mehbooba Mufti is being released from detention,” said Jammu and Kashmir administration spokesperson Rohit Kansal.

A government order issued on Tuesday night said her detention was being revoked with immediate effect.

The Jammu and Kashmir administration in July had extended her detention by three months under the stringent Public Safety Act (PSA).

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Cinemas, theatres, multiplexes to open with up to 50% seating capacity from Oct 15

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Swimming pools for training of sportspersons to open with SOP from Oct 15

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SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

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Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

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