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As mentioned earlier, whenever fake notes are seized, the names of Pakistan and the ISI always come to the forefront, but this is only partially correct. In the actual story, there are others involved in this conspiracy, namely, the few companies who had a role earlier in the printing of currencies or supply of currency papers for India. A Parliamentary Committee Chaired by V. Kishore Chandra Singh Deo, gave a report some time ago. If this report is correct, then America, Germany and England might also be involved in the conspiracy. The Parliamentary Committee gave indications of this in its report. The fact is that in 1996-97, the RBI was in need of notes amounting to a total of Rs. 3,35,900 crores. However, they had a total of printed notes of only Rs. 2,16,575 crore at that point of time. Obviously, the RBI was in need of notes to the tune of Rs. 1,20,000 crores. Citing this reason, the RBI and the then Finance Minister decided to have Indian currency notes printed through foreign agencies/companies. Taking this decision into consideration, would it be wrong to presume that the agencies/companies involved might also be involved in the racket of fake currency notes? It is therefore a valid assumption that the decision taken by the Indian Government in 1997 affected the country adversely. Can the RBI and P. Chidambaram (the present and 'then' Finance Minister) take the guarantee of proving that the assumptions and presumptions that have been made are incorrect? Moreover, there are other important questions that need an answer: Even so many years after Independence, are the mints of the country incapable of printing currency notes in accordance with the needs of the country? If there was a need to print a larger number of notes in 1997 and the mints were incapable of printing the numbers required, why were efforts not made to make these mints capable of printing the required number of notes? Why was the printing of notes done in foreign countries? The report of the Parliamentary Committee states that the contract for printing Indian currency notes through foreign companies had a proviso that after the completion of printing, the note plates and the ink would be destroyed. Whether the companies abided by the contract rules is still an open question. The RBI is not giving guarantees that the companies fulfilled all the requirements in the contract. The most disturbing element is that the present Government is totally silent on this issue.
The entire fake currency note issue is related to the economic safety of the country. This issue is also about keeping Parliament and the public in the dark. Chauthi Duniya had earlier, with the help of its reports, said that the companies who had been printing Indian currency notes could well be the companies who might also be involved in the printing of fake 500 and 1000 rupee notes. (Refer Box Story). The question is: why is there silence on this dangerous controversy from the Government and the above mentioned agencies/ companies? It is quite interesting to note that whenever fake notes have been seized, accusing fingers are pointed directly at one particular country;Pakistan, and on one particular organisation -- their Inter Services Intelligence (ISI). But they are not the only ones responsible in the shocking story of fake notes. A Parliamentary Committee Chaired by V. Kishore Chandra Singh Deo, gave a report some time ago. If this report is correct, then America, Germany and England might also be involved in the conspiracy.