IT Department Raids Kashmiri Gate Axis Bank Branch in Delhi
Afterwards; Demonetisation Effect: Jan Dhan Deposits Rise to Rs. 64,250 Crore’
Limited Report by: Harbans S Nagokay
Jammu, November 25
With Uttar Pradesh has the highest number of account holders to the tune of 3.79 crore and therefore highest deposits of Rs. 10,670.62 crores.Total deposits in Jan Dhan accounts have increased to Rs. 64,252.15 crores, with Uttar Pradesh leading the chart with Rs. 10,670.62 crore deposits followed by West Bengal and Rajasthan, the government said today.The Centre also stressed that no public sector banks had given any instructions to their officials to deposit Re 1 or 2 to avoid zero balance in Jan Dhan accounts. “As on November 16, 25.58 crore accounts with aggregate deposits of Rs. 64,252.15 crores have been opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) across the country,” Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.
On the other hand; Proceedings in Parliament were washed out for the seventh straight day on Friday with the opposition targeting Prime Minister Narendra Modi for his utterances against those opposing demonetisation and demanding an apology from him for “wrongly accusing the opposition of holding black money”. Members of parties like Congress, Trinamool Congress, SP, BSP and Left created uproar in the Rajya Sabha and the Lok Sabha, taking strong objection to Modi’s comments this morning that “some people” are criticising demonetisation because “the government did not give any time to them to make any preparation (to convert black money into white).”
In the Rajya Sabha, as soon as the House met for the day and mourned the death of its former member Dipen Ghosh, BSP leader Mayawati was on her feet saying the Prime Minister
had this morning “wrongly accused opposition of holding black money” and demanded that he should apologise for his remarks.Leader of opposition Ghulam Nabi Azad questioned how Modi could make such allegations when it was made very clear by former Prime Minister Manmohan Singhand others during debate on demonetisation yesterday that the opposition is against black money.”How can Prime Minister level such an allegation? … We are against black money. Prime Minister must apologise,” he said as Congress and other opposition members trooped into the Well of the House, raising slogans like “Pradhan Mantrimaafi mango (Prime Minister apologise).”
BJP members also came into the aisles and raised slogans supporting Modi to counter the opposition onslaught against the government and the Prime Minister.Amid the din, Deputy Chairman P J Kurien said a notice under rule 267 seeking suspension of business to take up discussion on ban on 500 and 1000 rupee notes has been received from Azad. “I am ready to admit that motion provided you are ready for discussion,” he said. The, Azad said his notice was conditional upon the Prime Minister coming to the House and listening to the entire debate and replying to it.As the uproar continued, chair adourned the House till 14:30pm. Similar unruly scenes erupted again when the House reassembled, forcing Kurien to call it a day.
Amid demonetisation of Rs 500 and Rs 100 notes, the Income Tax department on Friday raided the Kashmiri Gate branch of Axis Bank in Delhi, according to report broadcast on a TV news channel.The raids were conducted after two people were held with Rs 3.5 crore new notes.The I-T department is also conducting search operation at the residences of two Axis bank managers who were allegedly involved in carrying out the conversion of black money.The bank managers reportedly took the commission in gold. Further details are awaited.In order to curb black money, the government on November 8 announced that high currency denominations of Rs 500 and Rs 1,000 will no longer be legal tender.Holders of the currency have the option to deposit them in bank accounts till December 30. However, several reports have surfaced where unscrupulous elements are using various means to convert their black money into white.