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 BJP MP demands in Rajya Sabha: phase out 2,000 rupee notes

Raising the issue through a zero-hour mention, he said 2,000 rupee notes have vanished from most ATMs in the country and there are rumours that they may not be legal tender soon.

A demand to gradually phase out 2,000 rupee currency notes was made in the Rajya Sabha on Monday with BJP MP Sushil Kumar Modi saying citizens holding such banknotes should be given two years to deposit it.
Raising the issue through a zero-hour mention, he said 2,000 rupee notes have vanished from most ATMs in the country and there are rumours that they may not be legal tender soon.
"The government has to clarify on this," he said, adding the RBI stopped printing the 2,000 rupee currency notes 3 years back.
The 2,000 rupee currency note along with a new 500 rupee note was introduced when the government overnight demonetised old 500 and 1000 rupee notes.
"There was no logic of bringing a 2,000 rupee note when 1,000 rupee note circulation was stopped," he said and went on to cite examples of developed nations that do not have currency notes of higher denomination.
He said 2,000 rupee notes are being hoarded and are often used in illegal trades such as that drugs, and money laundering.
Also read|<a href="https://www.editorji.com/india-news/winter-session-mallikarjun-kharge-wishes-new-rajya-sabha-chairperson-jagdeep-dhankhar-1670403160943">Winter session Mallikarjun Kharge wishes new Rajya Sabha Chairperson Jagdeep Dhankhar</a>
The 2,000 rupee note - the highest currency denomination in the country - has become synonymous with black money, he said.
"The government should gradually phase out the 2,000 rupee note. Citizens should be given 2 years to exchange their holdings of the 2,000 rupee notes," he said.
Meanwhile, Elamaram Kareen of CPM sought an extension of the compensation paid to states for revenue lost from the implementation of the Goods and Services Tax (GST) for another five years.
When the one-nation, one-tax, or GST was implemented on July 1, 2017, by subsuming 17 levies, including excise duty and VAT, a cess was levied on sin and luxury goods. Collection from this was used to pay states for any revenue they lost. That compensation mechanism ended on June 30, 2022.
Kareem said Covid led to a substantial slowdown in the economy. Expenses rose and revenues fell, creating an imbalance, he said, adding the Union Government should consider the request of Kerala and other states for extending the compensation cess for another 5 years.
V Vijaysai Reddy (YSRCP) demanded a ban on instant loan mobile apps as they not just trigger a cycle of blackmail and exhortation but also violate privacy by gaining access to sensitive personal information on mobile phones.
The majority of such apps, he said, were operating out of China and the government must crack down on them.
In case of a delay or default in repayments, the borrower ends up paying much more than he or she signed for, he said.
Such apps should be banned, their developers and promoters punished and strict laws around the privacy of phone data are formulated, he said.
V Sivadasan (CPM) raised the issue of over 10 lakh vacancies in government departments.
Of the vacancies in government departments, 8 lakh Group C posts are laying vacant, he said.
Besides, there are 2.26 lakh vacant positions in the railways and 1.31 vacancies in the Army, he said demanding the filling up of all vacancies as soon as possible.
Also, Pabitra Margherita (BJP) demanded that tea be declared a national drink or beverage of the country as it is consumed in every nook and corner of the country.
He also sought central government support for the 200-year celebration of Assam tea next year and a special package for the 50 lakh tea workers.
M Shanmugam (DMK) wanted minimum support price (MSP) for tea, while Javed Ali Khan (SP) raised the issue of disbanding of students union and teachers association as well as 8,000-capacity hostel being locked up in the national capital's Jamia Millia Islamia.

'West India company': Rahul says farm laws a 'stab in farmers' hearts'

'Farm laws will foster an East India company-like culture': Congress leader Rahul Gandhi on Tuesday said the new farm laws will have to be opposed not just for farmers but for the future of the country

'West India company': Rahul says bills a 'stab in the farmers' hearts'

Alleging that they were like a 'stab in the farmers' hearts', Congress leader Rahul Gandhi on Tuesday said the new farm laws will have to be opposed not just for farmers but for the future of the country. Interacting with a group of farmers from across the country, Rahul said the GST and the noteban were also attacks on farmers, but these three laws will prove to be more detrimental. He also claimed the laws will foster an East India company-like culture and this time, a "West India company" has come in.
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PTI,&nbsp;New Delhi: Congress leader Rahul Gandhi on Tuesday said the new farm laws will have to be opposed not just for farmers but for the future of the country, as he alleged that they were like a "stab in the farmers' hearts".
Interacting with a group of farmers from across the country, he said the GST and the noteban were also attacks on farmers, but these three laws will prove to be more detrimental.
Gandhi also claimed the laws will foster an East India company-like culture and this time, a "West India company" has come in.
"There is no difference between GST, noteban and these three laws. The only difference is that this is directly stabbing your heart with a knife," he said during the virtual meeting with the group of farmers.
"But I have clarity that this has to be opposed. Not for farmers, but for the future of India," he told the farmers in a nearly 11-minute long video shared on social media.
The Congress has opposed the new farm laws and the party is protesting across the country, even as farmers&rsquo; unions have launched a stir in Punjab and Haryana.
"The farmer is not just a farmer, the voice of farmers is in the youth, in the Army, the police and the voice of farmers has a lot of strength. It is with the help of this voice that India attained independence and once again India will become independent through the farmers' voice," Gandhi said.
The former Congress chief said he had seen in Uttar Pradesh&rsquo;s Bhatta Parsaul village that businessmen wanted the farmers' land as well as their farm produce. "The first fight I fought was of land acquisition and the entire media attacked me," he said.
"They said this is a fight against black money but it was not true. The purpose was to weaken our unorganised sector and the poor, farmers and labourers," Gandhi alleged, adding that the purpose of GST was also the same.
Talking to Gandhi, Dhirender Kumar, a farmer from Champaran in Bihar, said farmers are being exploited in the name of these laws and they will be forced to commit suicide due to hunger.
Ashok Bootra from Yavatmal in Maharashtra feared that no one would buy the farm produce at minimum support price (MSP).
"I feel any farmer who protests will be put in jail. In 1840, the East India company used to put out the price of cotton from England and the entire world would buy at that rate. But the businessmen would know of the price in advance," he said.
"The way East India Company used to do business, I feel the same pattern is being followed again. Farmers and small businessmen will be looted. When farmers will not get the rates for their produce, suicides will increase," Bootra said.
Replying to this, Gandhi said, "You want to say earlier it was East India Company, now a West India company has come in."&nbsp;

noteban

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