oppn parties Owaisi Gives Communal Colour to Cash Crunch

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
Owaisi Gives Communal Colour to Cash Crunch

By Sunil Garodia
First publised on 2016-12-13 11:01:18

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack
Asaduddin Owaisi is trying to introduce a dangerous communal divide regarding distribution of new currency after demonetization. He has said that banks are not disbursing new currency notes in Muslim dominated areas. At a time when all Indians are grappling with restrictions on cash withdrawals and botched up new currency delivery mechanism, Owaisi’s allegation is in extreme bad taste and highly mischievous. Leaders of Muslim community have always tried to give communal colours to problems that are faced by almost all Indians in the same social and economic strata. What is essentially due to general social malaise is sought to be taken as an affront to the Muslims. This is a calculated ploy by these leaders to keep the Muslims separate from the mainstream and build a sense of insecurity among them.

One is surprised that these leaders have been able to carry out their false propaganda for so long. For, ordinary Muslims must be watching their Hindu neighbours grapple with the same problem every day. If a Muslim stands in an ATM queue for 6 to 8 hours, he knows his Hindu neighbor is also doing the same. He does not feel any discrimination for this, solely on account of his faith. It is only these unworthy leaders that are trying to poison the minds of ordinary folks. This inculcates a seize mentality which is never good for peace among communities. But then, such leaders thrive on this.

Owaisi would do well to educate Muslims about the need to adopt technology and go digital. He should educate them about the need to accept and make payments through banking channels and file their income tax returns. He should tell them that the future is in doing business in a legal way by taking out licenses where mandatory and conduct transactions transparently. This is what needs to be told to all Indians, but since Owaisi projects himself as the champion of the Muslims, he should do that in the community. It is good that the raids that have been carried out post demonetization have not been done on big Muslim traders, businessmen, doctors or lawyers. Otherwise, people like Owaisi would have immediately suggested that Muslims are being targeted.

The sooner people – mainly politicians – realize that the fight against corruption, black money and illegal businesses is not along communal or regional lines, the better for India. There are corrupt politicians and officials and illegal businessmen in all communities and regions. If we dream of an India that provides equal opportunities for all its citizens, we need to weed out such people and close down such businesses. For, they are destroying the economy, using the costly infrastructure created with the money of honest taxpayers without contributing a single paisa in return. The sooner India punishes these freeloaders the better for its future generations. But the government will not be able to bring about this transformational change alone. Society has to contribute wholeheartedly by exposing them. Hence, Owaisi should desist from dividing people over something that India must do.