Samjauta Exp
between Delhi and Attari in India and Lahore in Pakistan. The NIA in its chargesheet had named eight persons as accused.
Among them are: Naba Kumar Sarkar alias Swami Aseemanand, Lokesh Sharma, Kamal Chauhan and Rajinder Chaudhary, who appeared before the court. While Sunil Joshi, the alleged mastermind of the attack, was killed in December 2007. Three other accused -- Ramchandra Kalsangra, Sandeep Dange and Amit -- are still at large and have been declared proclaimed offenders. Only ₹10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government’s effort of curbing black money through the demonetisation.
The minutes pointed that “the growth rate of economy mentioned is the real rate while the growth in currency in circulation is nominal. Adjusted for inflation, the difference may not be so stark. Hence, this argument does not adequately support the recommendation (in favour of demonetisation)”.
The government has always maintained that the decision did not have much impact on the GDP growth.
The board was assured that the government would take mitigating measures to contain the use of cash, it said.
In another reply, the RBI has said it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as fuel at petrol pumps -- payments that are anonymous and are believed to have formed a good part of the demonetised currency that returned to the banking system.
The government had allowed the exchange of the junked notes as well as they being used for payment of utility bills for 23 services.
Both old ₹500 and ₹1,000 notes could be used at government hospitals, railway ticketing, public transport, airline ticketing at airports, milk booths, crematoria/burial grounds, petrol pumps, metro rail tickets, purchase of medicines on doctor prescription from the government and private pharmacies, LPG gas cylinders, railway catering, electricity and water bills, ASI monument entry tickets and
THE RBI BOARD WAS ASSURED THAT THE GOVERNMENT WOULD TAKE MITIGATING MEASURES TO CONTAIN THE USE OF CASH
highway toll.
On November 25, 2016, the exchange of ol d notes was stopped and the government allowed the use of only old ₹500 notes at these utilities till December 15, 2016. The government, however, stopped the use of even this currency at petrol pumps and for the purchase of air tickets at airports abruptly with effect from December 2, 2016, after reports that they were becoming fronts for laundering of old currency notes.