<!– /11440465/Dna_Article_Middle_300x250_BTF –>Winds of Change seem to be blowing on the sensitive Line of Control (LoC) with the last point on the Indo-Pak border in the Uri sector becoming the Line of Learning for the students on educational tours.As a part of education tour, the Indian army organized an excursion for 55 students of Army Goodwill School Uri and Aseem-Goodwill Computer Centre at Kamalkot to Kamaan Aman Setu– the last point on Indian side on the LoC –in Uri sector of North Kashmir a few days ago.During the visit, the students were made aware of the commercial and strategic significance of the Kaman Aman Setu. “The students also witnessed the trade services between India and Pakistan. They also visited Kaman Transit point, Cafe Kaman and the Currency Changing Point”, said an army spokesman.Officer – In – Charge of Kaman Aman Setu briefed the students about the importance of the Kaman Bridge; inter-country trade service and cross LoC bus service between Srinagar and Muzaffarabad. He also briefed them about the procedure of immigration and various facilities available at Kaman Transit Point.“All visitors displayed a keen interest in understanding the significance of the bridge and the excitement among the students was evident. Students expressed their gratitude to the Army for providing this opportunity”, said the spokesman.The strategically important bridge on the Kaman post connects North Kashmir to Pakistan Occupied Kashmir. The bridge was refurbished in 2005 when India and Pakistan decided to start the cross LoC Karwan-e-Aman bus, which plies every Monday in the valley.Touted as one the biggest Confidence Building Measures, the cross LoC peace bus enabled reuniting the divided families living on both sides of the Line of Control. A year later another cross LoC route connecting Poonch in Jammu to Rawlakote road in PoK.Three years later the cross LoC trade started in October 2008 when Jammu and Kashmir was up in arms over Amarnath land row. There are two cross LoC routes — Srinagar-Muzaffarabad, Poonch-Rawalakote — that are being used to ferry goods between Jammu and Kashmir and PoK.
<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Special Cell of Delhi Police has arrested a man in possession of counterfeit currency in denomination of Rs 2,000 notes amounting to around Rs 7 lakh rupees. The currency was being pumped in through Malda, West Bengal and Nepal and alter circulate in Delhi, UP and Bihar. The accused Kashid said that he has been indulging in transportation and circulation of Fake Indian Currency Notes (FICN) for the last 15 years. Kashid told the police that after demonetisation in 2016, supply of FICN had stopped but from the last four to five months, the supply of counterfeit currency has once again pumped up. The currency is pumped through bordering states and being adjacent to neighbouring countries Malda has become hub of FICN. The accused stated that many persons in Malda are indulging in the circulation of FICN. Recently the NIA also apprehended a resident of Malda with FICN worth about Rs 9 lakhs. He also revealed that he procured the supply of FICN from a person from a neighbouring country who delivers the consignment at the border, by throwing the consignment packet above the wire fencing.
<!– /11440465/Dna_Article_Middle_300x250_BTF –>On Sunday, the National Investigation Agency (NIA) busted a gang and detained three men in Dholpur involved in cheating people on pretext of exchange of Fake Indian Currency Note (FICN). The NIA had been investigating a case and after developing a lead, the men were detained and later handed over to Dholpur police. Moreover the NIA officials even recovered two kilogram gold from the possession of the men.While investigating a case last year, the NIA had learnt that an inter-state gang was active for past several years in Rajasthan, Maharashtra, Delhi and West Bengal which used to lure people in exchanging high quality fake Indian currency notes or provide unbilled golf biscuits at throwaway rates. Interestingly the gold recovered by NIA is in shape of biscuits numbering twenty and weighing hundred grams each. The NIA has sent the biscuits for testing to verify the genuineness. While investigating the FICN related case, the NIA had recovered fake currency of face value Rs. 9.80 lakhs on 31st March last year from the possession of Nasir Sheikh near Indo-Bangladesh border. He was arrested on the spot, however his associate from Bangladesh namely Darul Sheikh escaped. A reliable input was received on Saturday that the same Bangladeshi absconder Darul Sheikh along with other associates were trying to strike a deal in fake currency at Dholpur. The NIA teams swung into action and detained three suspects. The accused have been identified as Rashid Khan alias Biza,Gagan Kumar Vyas alias Tiwari and Iqbal Ahmad Ansari. The accused have been handed over to Dholpur police.
<!– /11440465/Dna_Article_Middle_300x250_BTF –>Last year, when Prime Minister Narendra Modi addressed the nation on November 8, he had a shock to deliver. Voiding currency notes of Rs 500 and 1,000 denomination forced every individual to rush to banks and stand in long queues, just to get their own money.One of the vital components of any economy’s trading process, the transport sector, was hit even harder. On the first anniversary, most transporters in Delhi’s Kamla Market and Qutub Road area accepted that their problems have increased.”Our drivers travelling to Jammu and Kashmir returned midway, as the currency they were carrying could not provide them with food and other essentials,” said Nand Lal, who owns a travel company.”I am unable to understand the merits of the decision. As much as 99 per cent of currency has returned to the bank. The government must provide proper excuse for the suffering that we have gone through,” said Sunil, who owns a transport agency.
<!– /11440465/Dna_Article_Middle_300x250_BTF –>The National Investigation Agency (NIA) and Central Bureau of Investigation (CBI) have sought details of the Fake Indian Currency Notes (FICN) case being probed by the Directorate of Revenue Intelligence (DRI) in Mumbai. The case might soon be taken over and investigated by any one of these agencies following a report provided by the Nashik mint about the quality of the seized notes. The report stated that at least 15 of the 30 features of the seized Rs 2,000 and Rs 500 notes have been successfully copied by the FICN-maker from Islampur in Bangladesh.In a month-long operation, DRI sleuths arrested six persons, including Congress office-bearer Haji Imran Alam Shaikh, his uncle Zahid Shaikh and Khar-based builder Mahesh Alimchandani. The DRI has so far seized Rs 24 lakh FICN from the arrested persons.”We had sent the seized notes to Currency Note Press in Nashik for their report on the view and quality. They informed us that the seized notes had good quality pages, good quality printing, ink, embossing of Mahatma Gandhi and water colour marks which made them look genuine. In fact, security threads were also there in all the seized notes,” said a security establishment official, requesting anonymity.He added that because of the newness of the notes, the FICN-maker could not copy all the security features.
Opposition parties in India say a government crackdown on illegal cash was a disaster.
India’s attempt to flush out undeclared wealth by withdrawing notes did not work, bank figures show.
<!– /11440465/Dna_Article_Middle_300x250_BTF –>Fake currency with a face value of Rs one lakh in Rs 2000 denomination notes was seized by BSF personnel from the Indo-Bangladesh international border in south Salmara district of Assam. Based on intelligence inputs regarding infiltration of Bangladeshi FICN (Fake Indian Currency Notes) racketeers from the area under Border Out Posts (BOPs) of 174 battalion of BSF, the troops carried out a special operation there at Khagrachar village yesterday. BSF Guwahati Frontier, Dhubri also took part in the operation. The BSF observed movement of suspected persons near the international boundary at Charland (riverine area) and tried to apprehend them. But the men ran away to the Bangladesh side leaving behind a bag containing the 50 fake notes of Rs 2000 denomination and other items. The seized FICN has been handed over to Sukhchar police station for further legal action after lodging an FIR, the BSF spokesman said. The Guwahati Frontier personnel also seized 49 cattle valued at approximately Rs 4.40 lakh on the intervening night of April 22 and April 23, the BSF spokesman added.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>As many as 250 Pakistani nationals and 1,750 Bangladeshis were deported in last three years, Rajya Sabha was informed today. Minister of State for Home Kiren Rijiju also said some Bangladeshi migrants “may be prone to Islamic fundamentalism and become easy prey for militancy, communal conflicts and anti-India elements like Pakistani agency ISI”. During the last three years, 2014, 2015 and 2016, more than 250 Pakistani nationals and 1,750 Bangladeshi nationals were deported to their respective countries after due process of identification, he said in a written reply. The Minister said illegal immigrants enter the country without valid travel documents in clandestine and surreptitious manner. “There is no accurate data with regard to number of Bangladeshi citizens illegally residing in the country,” he said. Rijiju said many illegal Bangladeshi immigrants are found to be involved in cases relating to theft/burglary, smuggling, human trafficking and drugs trafficking etc. The government has been strengthening Indo-Bangladesh Border to prevent infiltration of illegal immigrants from Bangladesh. Besides, bilateral mechanisms such as Joint Working Group on Security, Director General-level talks between Border Security Force (BSF) and Border Guard Bangladesh (BGB), Home Secretary-level talks and Home Minister-level consultations are in place between the two countries to address problems arising from illegal border crossing, transborder crimes like smuggling of drugs, Fake Indian Currency Notes (FICN), human trafficking, he said. Further, deportation of illegal Bangladeshi migrants is also undertaken by the state governments who have been delegated the power of detection and deportation of the illegal foreign migrants under the Foreigners Act, he said.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>No ‘high quality’ fake currency notes have been recovered post demonetisation, although some scanned/photocopied notes were seized by BSF and NIA at the Indo-Bangladesh border, Parliament was informed today. Minister of State for Finance Arjun Ram Meghwal said the government has been taking a host of steps, including setting up of a special cell in the Home Ministry, to deal with the menace of FICN (Fake Indian Currency Notes). In a written reply to the Rajya Sabha, Meghwal said: “No high quality FICN has been recovered post demonetisation.” The government had scrapped old currency of Rs 500 and Rs 1,000 on November 8 and replaced them with new Rs 500 and Rs 2,000 notes. As regards seizure of FICN of 2,000 denomination by BSF and NIA on the Indo-Bangladesh border, Meghwal said: “The forensic lab had reported the use of stamp paper in printing these notes. These notes have been scanned/photocopied. Examination of the specific parameters reveals that the notes are of low quality.” The government on its part, he added, has taken various measures to combat terror funding and check smuggling and circulation of fake notes. These initiatives including setting up of a special Combating Financing of Terrorism (CFT) cell in the Home Ministry of coordinate with the central intelligence/ enforcement agencies and state law enforcement agencies for an integrated approach to tackle the problem. Also, he added, a Terror Funding and Fake Currency Cell (TFFC) has been constituted in the NIA (National Investigation Agency) to investigate terror funding and fake currency cases. In addition, he said, a memorandum of understanding was signed between Indian and Bangladesh to prevent and counter smuggling of fake notes into the country. Replying to another question on the same subject, the minister said that new design banknotes in the Mahatma Gandhi (New) series have been introduced in the denomination of Rs 500 and Rs 2,000 to check counterfeiting. “Incorporating new security features/new designs in the bank notes to stay ahead of the counterfeiters is an ongoing process,” said Meghwal, adding that the new series notes will also be introduced in notes of other denominations in due course.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>Police have seized Rs 1.36 crore in scrapped currency notes here and detained five persons, an official said today. A team of police officials kept a vigil at the Upavan Lake area and nabbed five persons who were carrying Rs Rs 1.36 crore in demonetised notes, said DCP (Zone-V) Sunil Lokhande. The five were detained and the currency was seized, he added. With this, the police in the last one week have seized Rs 3.52 crore in defunct bills and detained a dozen persons.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>Smuggling of fake new notes is among a host of issues to be discussed at the bi-annual talks between the chiefs of the border guarding forces of India and Bangladesh beginning tomorrow in Dhaka. A 19-member delegation led by Border Security Force (BSF) chief K K Sharma will hold the talks at the Peelkhana-based headquarters of their counterpart Border Guard Bangladesh (BGB) in Dhaka, a senior official said. The five-day trip, that began today, will end on February 22 when the Indian delegation will cross over after signing of a joint record of discussions. Officials said apart from regular issues of border crimes, the Indian side is expected to bring on table the recent incidents of Fake Indian Currency Notes (FICN) of Rs 2000 denomination being smuggled from the other side. The BSF, few days back, had seized a big consignment of 100 such fake notes, of the face value of Rs two lakh, from Malda along the Indo-Bangla International Border (IB). A similar cache of 40 fake notes of Rs 2000 denomination was also recently seized by West Bengal police from the border district of Murshidabad. The Indian side is expected to urge their counterparts to crack down on elements indulging in any kind of activity in their territory related to FICN. The two sides are also expected to discuss issues related to trans-border crimes including instances of cattle smuggling, activities of Indian insurgent groups based in Bangladesh, prevention of illegal migration, joint efforts for effective implementation of common agenda programmes and host of other confidence building measures, the officials said. “The two sides will also take up issues that were discussed when the BGB delegation visited India in October last year. The relations between the two forces are very cordial and the aim of these talks is to take them forward in the right spirit,” they said. After the October meeting at the BSF headquarters here, the two sides had decided to erect a new fence to secure over 250 villages ahead of the present barbed-wire fence along the IB to curb cross-border crimes and instill a sense of security among the people living in the area. Indian officials will be interacting with the BGB delegation, led by its new Director General (DG) Maj Gen Abul Hossain, who took over recently from Maj Gen Aziz Ahmed, who has now gone back to his parent cadre in the Bangladesh army. India shares a 4,096-km border with Bangladesh and this will be the 44th DG-level talks between the two sides.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>BSF today seized 100 fake Rs 2,000 currency notes from Malda district in West Bengal, making it the biggest such haul from the Indo-Bangla border region post demonetisation. Officials said a Border Security Force search party laid a trap at about 2 am in a mango orchard in the Churiantpur area and found a packet containing 100 Fake Indian Currency Notes (FICNs) of the face value of Rs 2,000, which were minted by the government post the scrapping of old Rs 500 and Rs 1,000 currency notes last year. The BSF personnel challenged a suspected smuggler on the Indian side, who was set to receive the bundle from the Bangladeshi side, but he “managed to escape taking advantage of the darkness and thick growth in the orchard”, they added. “The packet, flung from across the border, landed in the orchard and it was recovered by the BSF team. The notes were neatly packed in a polythene bag. This is the biggest seizure of fake new currency post demonetisation at this frontier,” officials said. There have been seizures of one or two fake Rs 2,000 notes post the currency ban, but the quality of those was poor and they were possibly smuggled in to test the acceptability, they added. The quality of the seized fake notes was found to be “good” as a preliminary examination detected that eight-nine features, out of a total of 17, were copied even as the paper quality was found to be “not too good”, officials said. The latest seizure was made on the basis of a tip-off from an FICN smuggler who was arrested yesterday, they added. BSF and NIA, in a joint operation, arrested Umar Faruk (21) alias Firoz from the Golapganj area of Kaliachak in Malda yesterday and three fake currency notes of Rs 2,000 face value were seized from his possession. Firoz, a resident of Mohanpur village in Malda, was absconding in a case registered by the NIA involving a seizure of fake currency of Rs 5.94 lakh face value. The Kaliachak and Malda areas of West Bengal along the Indo-Bangla border are notorious for FICN smuggling and in 2016, BSF’s South Bengal Frontier (comprising five border districts of West Bengal) seized fake currency of over Rs 1.47 crore face value and arrested 19 smugglers in this regard. On February 8, West Bengal Police had arrested a youth with 40 fake Rs 2,000 currency notes from Murshidabad district, which till now was the biggest such haul from the Indo-Bangla border region post demonetisation.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>12 terrorists in 2016 and was instrumental in busting a Daesh (ISIS) module conspiring to commit terrorist acts in a joint operation with the NIA and Kerala Police in October. The Crime Branch busted an espionage ring with the arrest of four people who were allegedly sharing sensitive defence documents and deployment details of BSF along the India-Pakistan border with a Pakistan High Commission staffer. It also busted two interstate rackets allegedly involving unauthorised procuring and selling of CDRs with the arrest of eight persons, including two policemen from Rajasthan and UP Last year also saw the arrest of 93 criminals who were carrying a cash reward either declared by police or other state’s police. Notable among them was the arrest of Khalistan Liberation Front chief Harminder Singh aka Mintu, who had escaped from Punjab’s Nabha jail and carried a reward of Rs 25,00,000. A drive was launched against Fake Indian Currency Notes last year and associated with other agencies like RBI, Customs department and Intelligence Bureau. Last year, counterfeit currency worth Rs 5.74 crore was recovered and 80 cases were registered, the Delhi Police data said. The number of deaths due to road accidents in Delhi has been declining steadily over the past few years, with fatalities coming down from 2,153 in 2010 to 1,591 in 2016.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)
<!– /11440465/Dna_Article_Middle_300x250_BTF –>A man wanted in a case of trafficking of Fake Indian Currency Notes (FICN) has been arrested by NIA officials from West Bengal’s Malda area.Mohammed Ashraful, was wanted in a case registered initially by Kerala Police pertaining to the seizure of high quality FICN having face value of Rs 67,000 from migrant labourers hailing from West Bengal. Ashraful was arrested on Tuesday, an NIA official said today. In this case, six accused were arrested initially and FICN was recovered from each of them, while three others including Ashraful, had managed to escape. NIA has filed charge sheet against the six arrested accused persons under various Sections of Indian Penal Code, before a court in Ernakulam and trial of the accused has commenced on January 3. Ashraful was produced before the NIA special court at Kolkata which sent him in transit remand for five days for producing him before the competent court at Kochi, the official said. I
New Delhi: NRIs and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs officials at the airport and get declaration form stamped.
The declaration will have to be submitted at specified branches of the Reserve Bank while depositing the junked currency, a finance ministry notification stated. While the 50-day window for such deposits at banks or post offices ended on December 30, the government has offered a grace period for those who were abroad.
The window for Indian nationals who were travelling abroad is till 31 March and for NRIs, it is 30 June, 2017. This facility, however, is “subject to the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015. As per these regulations, bringing back such currency into the country is restricted to Rs 25,000 per person”. Those returning from Nepal and Bhutan are not permitted to carry specified bank notes (SBNs) of old 500 and 1,000 rupee notes.
“For the period from up to 31 March, 2017 or 30 June, 2017, as applicable, a declaration form will need to be filled by resident Indians and non-resident Indians coming to India and carrying SBNs for depositing these SBNs in the specified offices of RBI in India,” the notification said.
“At the airport/land Customs stations etc on entry, Customs stamp on the said forms shall be affixed and the same shall be submitted along with other documents to RBI offices.” A one-page form has been worked out for the purpose. Since the form to be filled in by the passenger bearing the Customs stamp will be crucial in subsequently facilitating the deposit of SBNs at the specified issue offices of RBI, the finance ministry asked the Customs formations to keep a copy of the same, preferably in a scanned format.
“The Customs officer shall strictly count the number of notes and tally the total amount mentioned before stamping the form submitted by the passenger,” the notification said.
First Published On : Jan 2, 2017 15:10 IST