Demonetisation;4-year jail for possession of old Rs 500, Rs 1,000 notes

Ordinance on demonetisation gets Cabinet nod; 4-year jail for possession of old Rs 500, Rs 1,000 notes

Ordinance on demonetisation gets Cabinet nod; 4-year jail for possession of old Rs 500, Rs 1,000 notes

The Union cabinet on Wednesday approved the Ordinance on deadline to deposit old notes. Name of the Ordinance is ‘The Specified Bank Notes Cessation of Liabilities Ordinance’.

he Ordinance is to extinguish liability of government and RBI on the demonetised high-denomination notes.

The Cabinet also cleared promulgation of an ordinance to penalise persons holding junked Rs 500, 1,000 notes.

As per the Ordinance, people involved in transaction of old notes will face penalty of Rs 5000, while those possessing old notes in excess of 10 notes post March 31 will face 4-year Jail term in certain cases.

Official sources said the ordinance has been cleared, but did not say if the penal provisions would apply for holding the junked currency after the 50-day window to deposit them in banks ends as of December 30 or after March 31, till which time deposit of old currency notes at specified branches of the Reserve Bank after submitting a declaration form is open.

In 1978, a similar ordinance was issued to end the government’s liability after Rs 1,000, Rs 5,000 and Rs 10,000 notes were demonetised by the Janata Party government under Morarji Desai.

The government had, while announcing the demonetisation of the old currency on November 8, allowed holders to either exchange them or deposit in bank and post office accounts. While the facility to exchange the old notes has since been withdrawn, depositors have time till Friday to deposit the holding in their accounts.

-December 28, 2016 |PTI| New Delhi

 

NEET not deferred but implemented from May 1

NEET not deferred but implemented from May 1, President’s nod has given it statutory support: JP Nadda

Union Health Minister JP Nadda on Tuesday said that the presidential nod to the Centre’s Ordinance on NEET has given it a much-needed statutory support.

NEET not deferred but implemented from May 1, President's nod has given it statutory support: JP Nadda

Union Health Minister JP Nadda on Tuesday said that the presidential nod to the Centre’s Ordinance on uniform medical entrance examination (NEET) that keeps state boards out of its purview has given it a much-needed statutory support.

Addressing a press briefing on the issue, Health Minister JP Nadda said, ”Through this ordinance, NEET has been given a statutory support.”Maintaining that NEET or the common medical entrance examination has been implemented from May 1, the Health Minister said, ”In some sections of media, it was coming that NEET has been deferred. I want to make it clear that in fact it has been implemented.”

The Health Minister said while states will be able to hold the undergraduate exams, the postgraduate exams to be held in December will be under NEET.The central government was committed to implementing NEET but the states expressed their concerns which had to be addressed, Nadda said.

“State governments wanted exemption and the issues were related to parity of syllabus and option of giving exam in regional languages,” Nadda said.”After due consultation, we came out with an Ordinance, which provides NEET a statutory basis and where we give state governments an option to conduct examination and those who have conducted exams to go forward in that direction,” he said.State governments will get an opportunity to appear this year (2016-17) for under-graduate examinations. But this year from December, the post-graduation examination will be held under NEET provisions, Nadda added.

The reactions from the Health Minister came shortly after President Pranab Mukherjee gave his nod to the Centre’s Ordinance or the executive order which puts on hold the common medical exam NEET for a year.The President gave his consent after seeking more information and clarification on few points from the Union Health Ministry over its decision to bring an Ordinance on uniform medical entrance examination NEET that sought to keep state boards out of its purview.

This was conveyed to Union Health Minister JP Nadda who had met the President on Monday afternoon to brief him about the need for bringing the Executive Order. The meeting lasted for more than half-an-hour and the minister reportedly briefed the President on three set of issues — different exams of state boards, syllabi and regional languages.The Ordinance was sent to the President on Saturday.

The Ordinance, cleared by the Union Cabinet earlier on Friday, is aimed at “partially” overturning a Supreme Court order which said all government colleges, deemed universities and private medical colleges would be covered under NEET.

The ordinance exempts certain state boards from the ambit of National Eligibility-cum-Entrance Test (NEET) for a year. The exempted states include Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Gujarat, Maharashtra and Punjab.

The next phase of the exam is scheduled for July 24. Nearly 6.5 lakh students have already taken the medical entrance test in the first phase of NEET held on May 1.

Health Ministry sources earlier said that seven states will take medical exams as per NEET while in six other states, around 4 lakh students have already taken the examinations.

-May 24, 2016, New Delhi

 

Cabinet clears Ordinance to defer NEET

Cabinet clears Ordinance to defer NEET

The Union Cabinet decision will be sent to the President to pass an executive order, setting aside the apex court’s May 9th order on NEET.The second round of NEET was to be held on July 24. File Photo used for representational purpose only.

Three weeks after medical aspirants took the first phase of National Eligibility cum Entrance Test (NEET), the Union Cabinet has decided to bring in an Ordinance, setting aside Supreme Court order that made a pan Indian common medical entrance test mandatory.

The Cabinet decision will be sent to the President to pass an executive order, setting aside the apex court’s May 9th order on NEET. Facing pressure from state governments, who had opposed the proposal on grounds of logistical issues as well as regional differences in languages making NEET an unfair benchmark for students from state boards, the Centre will be deferring the implementation of the common medical entrance test by one year.

Earlier this week, health ministers from all states had met with the Union Health Minister JP Nadda on the issue. The second round of NEET was to be held on July 24.

The All India Pre Medical Test (AIPMT) is conducted by the Central Board of Secondary Education (CBSE) but many states like Telangana, Andhra Pradesh, Jammu & Kashmir conduct their own exams.

-May 20, 2016