Close X
Tuesday, December 3, 2024
ADVT 
India

Saddled With Banned Notes, SGPC Seeks Reserve Bank of India Assistance

IANS, 04 Jan, 2019 11:41 PM

    Shiromani Gurdwara Parbandhak Committee (SGPC) has approached the Reserve Bank of India (RBI) to exchange Rs 30.4 lakh in demonetised currency that it had received as donation from devotees.


    The Centre had issued a notification to scrap the currency in the denomination of Rs 1,000 and Rs 500 on November 8, 2016. The deadline to exchange or deposit these notes with the banks was fixed as December 31, 2016, but it was later extended up to March 31, 2017.


    Though the SGPC got the donation amount received up to March 31, 2017 deposited in the bank, the banned notes continued to pour in till July 2017.


    Blaming the ill-conceived policy and erroneous administrative decisions of his predecessor, SGPC chief secretary Dr Roop Singh said the efforts were on to get the demonetised notes exchanged with new currency through the RBI.


    “When counted, the amount came to Rs 30.45 lakh. We have maintained a proper record of it, ascertaining that the money was received through donation by devotees. We received some old notes later also, but these were placed in the ‘Khote Sikke’ head. We have again written to the RBI Governor, appealing to him to get the money exchanged so that it could be put to use rather than getting wasted. A communication was sent to the RBI earlier too, but it never responded,” he said.


    Citing an official circular issued under the signatures of the former Chief Secretary, Roop Singh said the SGPC had suffered a financial dent of nearly Rs 10 crore.


    The reason being that a day after the demonetisation notification, a circular was released to all the SGPC-run gurdwara managements, including the Golden Temple, not to accept any donation in the demonetised currency, despite the fact that the currency could be exchanged till March 2017. He claimed that being a secretary then, he had contested it, but in vain.


    An estimated 1 lakh pilgrims pay obeisance at the Golden Temple daily. On an average, nearly Rs 7 crore is offered in the sanctum sanctorum of the Golden Temple and the adjoining gurdwaras in the shrine complex.


    Roop Singh said as the old currency was not being accepted between November 9 and March 31, 2016, there was a decline of at least 35 per cent in the donation amount at the Golden Temple complex.


    Similarly, the revenue from the sale of ‘karah parshad’ and ‘pinni parshad’ dropped to Rs 2 lakh per day from Rs 6 lakh per day. Same was the fate of donations received at the langar (community kitchen).

    MORE India ARTICLES

    Corruption Peaking Under PM Modi, Alleges Manmohan Singh

    Former prime minister Manmohan Singh on Wednesday said that demonetisation was a monumental failure and the Modi government will never accept this.

    Corruption Peaking Under PM Modi, Alleges Manmohan Singh

    American Tourist Killed By Isolated Tribe On Remote Andaman Island

    American Tourist Killed By Isolated Tribe On Remote Andaman Island
    An American tourist to one of the islands in remote Andaman and Nicobar chain has been allegedly killed by people belonging to the protected Sentinelese tribes, sources said on Wednesday, even as the US consulate said he was “missing”.

    American Tourist Killed By Isolated Tribe On Remote Andaman Island

    Half Of India’s ATMs May Shut Down By March 2019, Warns CATMi

    Half Of India’s ATMs May Shut Down By March 2019, Warns CATMi
    Changes in regulatory landscape are making it unviable to operate ATMs, and may lead to the closure of half of the 2.38 lakh machines in the country by March 2019, the Confederation of ATM Industry (CATMi) warned on Wednesday.

    Half Of India’s ATMs May Shut Down By March 2019, Warns CATMi

    98 Million Indians Will Have Diabetes By 2030

    The study, published in The Lancet Diabetes and Endocrinology journal, showed that China (130 million) followed by India (98 million), and the US (32 million) will constitute over half of Type-2 diabetics by 2030.

    98 Million Indians Will Have Diabetes By 2030

    As India Becomes Wealthier, More Indians Leave Its Shores

    An estimated 17 million Indians were living abroad in 2017, making India the largest source country for international migrants globally, up from seven million in 1990 and a 143 per cent increase

    As India Becomes Wealthier, More Indians Leave Its Shores

    Amritsar Grenade Attack: Punjab Police Arrest One; Amarinder Singh Blames ISI, KLF

    Amarinder blamed Pakistan's Inter-Services Intelligence (ISI) agency and the Pakistan-based masterminds of the Khalistan Liberation Force (KLF) for the terror attack.

    Amritsar Grenade Attack: Punjab Police Arrest One; Amarinder Singh Blames ISI, KLF