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Post demonetisation, Jan Dhan accounts were used to launder money: Chidambaram

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chidambaram

New Delhi, Nov 1: In a blistering attack on the Narendra Modi government, Senior Congress leader P. Chidambaram said that the Pradhan Mantri Jan Dhan Yojana accounts were used to launder money after Demonetisation.

“Jan Dhan Yojana is another jumla and an exercise in mass deception by PM Modi and his government”, Chidambaram stated while addressing a press conference.

“Banks have, without the consent of the account holder, converted Jan Dhan accounts into regular savings accounts and are charging exorbitant fees for failure to maintain a minimum balance”.

The former finance minister further said that “It is now common knowledge that Jan Dhan accounts were used to launder money after note ban. A humongous sum of Rs. 42,187 Crore was deposited in Jan Dhan accounts between 8 Nov 2016 and 30 Dec 2016”.

“Despite the boast of Jan Dhan, the credit-deposit ratio of the rural population that had reached 67 in March 2014 has declined to 60 in March 2017”.

“According to a Finance Ministry’s answer, 6.1Cr Jan Dhan accounts are ‘inactive’. As per the World Bank’s Global Findex Database 2017, as many as 48% of bank accounts in India are ‘inactive’, twice the average of 25% for developing economies”.

“Under Modi regime, the BSBDA scheme was renamed to Jan Dhan Yojana. Instead of pursuing genuine financial inclusion, the ruling government’s aim appears to grab a headline, he added.

Chidambaram compared record of the UPA and NDA government.

He said during the UPA rule (2010-14) there were 12748-  Rural Branches, 303504-Rural Banking Correspondents- Total- 3,16,252.

While under the NDA regime, the numbers are-  Rural Branches-4679 Rural Banking Correspondents- 177639 Total- 182318.

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Politics

I have lost a comrade, colleague and friend: Sonia on Ahmed Patel’s death

Congress has lost one of its greatest son. I am at loss of words at his death. May his soul rest in peace. May god give strength to his family to cope up with this terrible loss.”

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Sonia Gandhi

New Delhi: Sonia Gandhi on Wednesday while condoling the death of Ahmed Patel said she has lost a dedicated Congress colleague.

“In Sh. Ahmed Patel, I have lost a colleague, whose entire life was dedicated to the Congress Party.” she said

She said, “His faithfulness and dedication, his commitment to his duty, his always being there to help, his generosity were rare qualities that distinguished him from others.”

“I have lost an irreplaceable comrade, a faithful colleague and a friend. I mourn his passing and I feel deeply for his bereaved family to whom I offer my sincere feelings of empathy and support,” she added

Scores of Congress leaders condoled Ahmed Patel’s death, “It is very hard to come to terms with Ahmed patel Ji’s passing. He was a political troubleshooter par excellence & will be sorely missed by all. “Ahmedbhai” was also a close friend of my late father’s & a mentor to me,” tweeted Milind Deora.

B.K. Hariprasad said in a tweet, “Its very saddening to know about the demise of Shri Ahmad patel ji. Congress has lost one of its greatest son. I am at loss of words at his death. May his soul rest in peace. May god give strength to his family to cope up with this terrible loss.”

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India

Ahmed Patel’s role in strengthening Congress will always be remembered: PM Modi

A top strategist of the Congress and a most-trusted ally of its president Sonia Gandhi, Patel (71) died in the early hours of Wednesday.

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Narendra Modi

Condoling the death of senior Congress leader Ahmed Patel, Prime Minister Narendra Modi on Wednesday said his role in strengthening the opposition party will always be remembered.

Patel spent years in public life, serving the society, Modi noted.

A top strategist of the Congress and a most-trusted ally of its president Sonia Gandhi, Patel (71) died in the early hours of Wednesday.

He was admitted to the Medanta hospital in Gurugram and had been critical for a few days. He had contracted COVID-19 and subsequently, developed complications.

“Saddened by the demise of Ahmed Patel Ji. He spent years in public life, serving society. Known for his sharp mind, his role in strengthening the Congress Party would always be remembered. Spoke to his son Faisal and expressed condolences. May Ahmed Bhai’s soul rest in peace,” the prime minister said in a tweet.

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Election

Ahead of DDC polls, BJP targets Abdullahs over ‘land grab’

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Farooq Abdullah

New Delhi: Ahead of the District Development Council (DDC) polls in Jammu and Kashmir beginning Saturday, Union Minister Ravi Shankar Prasad trained his guns on the Abdullahs for their alleged role in the Roshni scam.

Prasad alleged that the key leaders of the erstwhile state, including Farooq Abdullah, used their “influence and power for land grabbing”.

“In 1998, Farooq Abdullah had purchased 3 kanals of land but he encroached upon 7 kanals of land which were double the size of the purchase,” Prasad alleged while speaking to the media. He further said that under the Roshni scam, the name of Farooq Abdullah’s sister Suraiya Mattu has also appeared, who, the minister alleged, is also a beneficiary of 3 kanals of land.

“There was a conscious land loot by the powerful people of J&K who were getting benefits under the Roshni Act which was declared unconstitutional by the J&K High Court. This is low level politics by the powerful people of J&K and we condemn it,” alleged Prasad.

Prasad said the J&K High Court has declared the Roshni Act as unconstitutional and has stated that the names of people who have acquired land under this Act should be listed and made public.

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