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| Edited By: DNA Web Team |Source: DNA webdesk |Updated: Nov 12, 2016, 11:53 PM IST
Hinting at more action to unearth black money, Prime Minister Narendra Modi said those holding unaccounted money will not be spared and there is no "guarantee" that no further steps would be taken after December 30 till when people can deposit the demonetised notes. He assured honest people that they will not face any trouble.
"I would like to announce once again that after the end of this scheme, there is no guarantee that something new will not be introduced to punish you (thikane lagane ke liye)," Modi said.
He was addressing the Indian community at a reception. "I make it very clear that if anything unaccounted comes up, then I will check its records since Independence. Will deploy as many people as required for this. Honest people will not face any problem. No one will be spared. Those who know me, they are intelligent as well. They think it is better to offer it in Ganga than in banks," Modi said.
He was referring to reports of the demonetised Rs 500 and Rs 1,000 notes flowing in Ganga river. Modi termed the demonetisation as "Swachhata Abhiyan" and hailed the undaunting spirit of people despite their hardship following its announcement on November 8. "I salute my countrymen. People stood in line for four hours, six hours but accepted the decision in national interest the way people of Japan tackled the aftermath of the 2011 disaster," he said. "I thought long and hard about the possible difficulties and it was also important to keep it a secret. It had to be done suddenly but I never thought I will receive blessings for this," he said.
Criticising West Bengal Chief Minister Mamata Banerjee for her tirade against the demonetisation of high-value currency notes by the Centre, the BJP today said her opposition was an "alibi to save the crores of money" the TMC leaders had allegedly siphoned off in ponzi schemes.
Farmer dies after suffering heart attack while standing in queue outside a bank to exchange notes in Gujarat's Anand
Delhi Police received nearly 4,500 calls till 6 PM on Saturday as cash-strapped people standing in long queues outside banks and ATMs resorted to violence in some parts of the city. "We received over 4,000 calls today. There were sporadic incidents of violence reported from the city but there were no reports of any grievous injury," said Sanjay Beniwal, Special Commissioner of Police (Operations).
- PTI
The Shiv Sena urged Union Finance Minister Arun Jaitley to extend the deadline for using the demonetised notes for utility payments and exchange till December 30. "The party has req the @FinMinIndia to extend the deadline of use of demonitised notes for utility payments and exchange till 30th December (sic)," Yuva Sena president Aaditya Thackeray tweeted.
The Party has req the @FinMinIndia to extend the deadline of use of demonitised notes for utility payments and exchange till 30th December
— Aaditya Thackeray (@AUThackeray) November 12, 2016
Police have recovered Rs 1 crore cash (in Rs 500/1000 denominations) from a vehicle in Sardulgarh area, Punjab.
Mansa (Punjab): Police recovered Rs 1 crore cash (in Rs 500/1000 denominations) from a vehicle in Sardulgarh area pic.twitter.com/mxuG2aDtG8
— ANI (@ANI_news) November 12, 2016
In Moradabad, locals vandalised SBI's Katghar branch gate after the bank stopped operating after 4 PM. The security guard said, "Bank closed at 4 PM but people got angry and vandalised properties. They were shouting that operating time of bank was till 8 PM."
Moradabad (UP): Locals vandalised SBI's Katghar branch gate after the bank stopped operating after 4 PM pic.twitter.com/bgOKZxCGBy
— ANI UP (@ANINewsUP) November 12, 2016
Officials from FSSAI in Karnataka conduct raids on salt wholesale dealers after rumours of shortage of salt.
Gulbarga (K'taka): Officials from FSSAI, weight & measurement Dept conduct raids on salt wholesale dealers after rumours of shortage of salt pic.twitter.com/w0yDDyUDBC
— ANI (@ANI_news) November 12, 2016
Rahul Gandhi appeals to Congress workers, youngsters to help people.
सभी कांग्रेस कार्यकर्ताओं और युवाओं से मेरी अपील- देश को हम सबकी ज़रुरत है, कमजोर लोगों को हमारी ज़रुरत है, आगे बढ़कर आईये और मदद कीजिये! pic.twitter.com/fON4iYPhn0
— Office of RG (@OfficeOfRG) November 12, 2016
Ruckus outside State Bank of India branch in Nuh, Haryana after people stood in long queues for hours to exchange old Rs 500, Rs 1000 notes.
Nuh (Haryana): Ruckus outside State Bank of India branch after people stood in long queues for hours to exchange Rs 500/1000 notes pic.twitter.com/yEvZo5ZtuA
— ANI (@ANI_news) November 12, 2016
Congress to raise demonetization issue in Lok Sabha - ANI
Amit Shah on demonization:
# I am unable to understand what problem does Mayawatiji,Cong, Mulayamji & Kejriwalji have with demonetisation of Rs 500/1000 note.
# We've deep regret that the decision has caused a lot of inconvenience to the people but believe me this will be beneficial in long run.
People staged protest against CM Arvind Kejriwal in Gandhi Nagar market where he visited to take stock of situation.
Delhi: A group of people staged protest against CM Arvind Kejriwal in Gandhi Nagar market where he visited to take stock of situation pic.twitter.com/EKEYh9ZW8L
— ANI (@ANI_news) November 12, 2016
Congress's Anand Sharma gives suspension on business under rule 267 in Rajya Sabha for discussion on issue of demonetization on November 16.
Maharashtra CM Devendra Fadnavis took to Twitter to inform the people that there is no shortage of salt.
CM @Dev_Fadnavis directs all the Collectors to take strict measures to ensure there's no panic and act against those spreading rumours.
— CMO Maharashtra (@CMOMaharashtra) November 12, 2016
West Bengal CM Mamata Banerjee on demonetization:
# This anti-people, anti-poor government has no moral right to continue in power. This is a dictatorship.
# A few money launderers are profiting due to this 'black decision'; Dangerous, Disastrous and Draconian decision.
# This is a betrayal with people. A sudden midnight decision was taken. But few ruling party people knew about it:.
# Only 1% people hold black money; why are the other 99% being harassed for this.
# More than 2 lakh ATMs are closed, money is not available; people are facing lot of problems.
# Without proper planning, this is dangerous; Rs 100 notes are not available in banks; this draconian decision needs to be withdrawn.
# I personally visited several banks today to listen to tales of hardship of common people.
West Bengal CM Mamata Banerjee visits ATMs to take stock of situation.
Kolkata: West Bengal CM Mamata Banerjee visits ATMs to take stock of situation as people queue in large nos to withdraw/exchange cash pic.twitter.com/4dezWtxMVp
— ANI (@ANI_news) November 12, 2016
CM Arvind Kejriwal visits Azadpur mandi to take stock of situation after rumours of shortage of salt creates chaos.
Delhi: CM Arvind Kejriwal visits Azadpur mandi to take stock of situation after rumours of shortage of salt creates chaos pic.twitter.com/cUF7uGsyTF
— ANI (@ANI_news) November 12, 2016
Huge crowd seen at chemist shops near AIIMS hospital.
Delhi: Huge crowd seen at chemist shops near AIIMS hospital as the shops continue to accept Rs 500/1000 notes after Govt's order pic.twitter.com/rxgmshxkmr
— ANI (@ANI_news) November 12, 2016
Angry customers waiting outside a branch of the State Bank of Travancore in Kollam district allegedly broke a glass door today after it decided to down shutters due to heavy rush even as serpentine queues were witnessed before various banks across Kerala.
In restricted activity, silver prices managed to close higher by Rs 650 to Rs 44,700 per kg at the bullion market during the week on increased offtake by coin makers and industrial units even as the precious metals weakened overseas. On the other hand, gold moved both ways on alternate bouts of buying and selling and finally ended the week steady at Rs 31,150 per 10 grams.
- PTI
Arun Jaitley addresses media on demonitisation
# Finance ministry is continuously monitoring the currency exchange happening across the country.
# Despite the increased crowds at banks, people are cooperating. I would like to thank people of India.
# It is a massive operation to replace 86% of currency under circulation. It has just started now.
# Bankers are working round the clock.
# 20% - 25% of the total banking operations in India are by SBI and its organizations. State Bank of India has undertaken 2 crore 28 lakh transaction through five different modes (Currency replacement deposit, Withdrawal, Exchange, ATM withdrawal, Deposit in Machines) till today 12:15 pm.
# 54,370 crore worth monetary transactions and 47,868 crore deposits in SBI in 2.25 days.
# Given so many tranactions by SBI alone, you can imagine how many times the banking system has serviced our people
# The ATMs have not been re-calibrated for new Rs 2000 currency note; the process is on.
# Different political reactions are coming, some of which are really irresponsible.
# Spike in bank deposits only in September during last one year largely due to 7th Pay Commission arrears being released in August.
# Jaitley appeals the people to stagger depositing defunct currency and not crowd banks.
# Stock details have been sought from jewellers on reports of dealings in defunct currency. Government will not allow any illegal transaction in bullion.
# Chip in Rs 2000 note; digital lockers are concocted rumours.
# First few days are going to be periods of inconvenience but long-term benefits to economy are greater.
Finance Minister Arun Jaitley arrives at National Media Centre to brief media about the issue of demonetisation.
Locals in Madhya Pradesh's Chattarpur village looted a ration shop after the owner refused to give ration.
According to reports, owner of the shop refused to accept Rs 500 and Rs 1,000 currencies for groceries.
#WATCH: Madhya Pradesh (11/11/16): Locals robbed ration shop in Chattarpur after owners refused to give ration pic.twitter.com/TAF0yau9U9
— ANI (@ANI_news) November 12, 2016
PM Modi on currency ban
# Modi refers to hardship after demonetization; salutes 125 crore Indians for their undaunting spirit.
# This government will do everything to protect the interests of honest citizens.
# Will check records since Independence. If I come across unaccounted cash, no body will be spared.
# There is no guarantee that no new measure will be introduced after December 30 to crackdown on black money holders.
#WATCH: PM Narendra Modi on scrapping of Rs 500/1000 notes, says "was important to keep it a secret, couldn't share it with anyone" pic.twitter.com/qbYyegw8CV
— ANI (@ANI_news) November 12, 2016
Withdraw this 'black' political decision which is anti-commoner: Mamata Banerjee
This has turned out to be a 'big black scandal'. Hardship for
— Mamata Banerjee (@MamataOfficial) November 12, 2016
the common citizens and full advantage to the money launderers...1/3
I have said this before, but given the way the young,old and everyone is suffering let me again appeal to the Central government ... 2/3
— Mamata Banerjee (@MamataOfficial) November 12, 2016
Withdraw this 'black' political decision which is https://t.co/QZ3BVOQUda across India ruined,purchasing power crashing,people pained. 3/3
— Mamata Banerjee (@MamataOfficial) November 12, 2016
There is no stampede outside any #Bank or #ATM in #ChandniChowk. Please don't spread or come under the influence of any #Rumour !
— Madhur Verma (@DCP_North_Delhi) November 12, 2016
We will also be taking cognisance of all social media accounts which are spreading #Rumours !!
— Madhur Verma (@DCP_North_Delhi) November 12, 2016
It's an offence under section 505 of IPC.
My question is...account is mine, money is mine, then why should I stand in a line? This is a decision made in haste, not a well thought out decision: Congress leader Kapil Sibal on demonetization
Arvind Kejriwal is nothing more than the rumour monger, but their rumour is like a humour for India: MA Naqvi, Minority Affairs Minister
Kejriwal attacks PM Modi
# Thousands of crores deposited in banks in last quarter. Who deposited such large amount?
# 'Hoarders were informed' before announcing demonetization. PM Modi cautioned his friends who have black money.
# Those who have black money are buying dollars, gold, property with it. We are questioning government's intent. Their intention is wrong. They have deliberately created a crisis situation in the country.
# Demonetization is a 'surgical strike' on common man and not on black money,
Kejriwal demands that the decision of demonetisation of Rs 500/1000 notes must be rolled back.
Delhi CM Arvind Kejriwal addresses media on issue of demonetization of Rs 500/1000 notes.
Police seized Rs 500/1000 currency notes worth Rs 27 Lakhs in Sukma district of Chhattisgarh.
Will be glad if it (new currency) actually stops black money, but will it? In a previous attempt we couldn't prevent new currency from becoming black, can we prevent new currency from becoming black?: Shashi Tharoor
People queue up outside a bank in Sion (Mumbai) waiting for it to open.
Notices put up in a temple in Kanpur asking people not to donate scrapped Rs 500/1000 notes.
From evidence pouring in, demonitization is turning out to be a huge scam. Will present evidence at 10 am in a press conf
— Arvind Kejriwal (@ArvindKejriwal) November 12, 2016
