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Congress accuses BJP of using cash for votes

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The Congress on Wednesday accused the BJP of a ‘Cash For Vote Scandal’, sharing a video of officials seizing Rs 1.8 crore from the convoy of Arunachal Pradesh Chief Minister Pema Khandu and state BJP President Tapir Gao ahead of Prime Minister Narendra Modi’s rally in the state.

Speaking to the media, Congress spokesperson Randeep Singh Surjewala said the midnight raid on the convoy of Khandu, his deputy Chowna Mein and Gao “exposes the brazen corruption and poll violation.”

He said “if the video is true, then where is the Election Commission? Are they sleeping? Where is the Enforcement Directorate?”

Videos surfaced on social media showing police officers counting the cash in the presence of the Election Commission’s Expenditure Officer Samrita Kaur Gill.

The cash was being reportedly transported in certain vehicles parked at the Siang Guest House, Pasighat. Five vehicles were searched in the presence of the complainants who belonged to the Youth Congress, he said.
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The search resulted in the seizure of Rs 1.80 crore in notes of Rs 500 denomination, Surjewala claimed.

The Congress has raised a number of questions, including if the cash was being transferred for the rally of Modi in Pasighat on Wednesday in the CM’s convoy and through the state BJP President.

“Where did such a large amount come from? Gao has been a habitual offender. Before Manipur elections, he was stopped by the Income Tax department with a large amount of cash at Guwahati airport while he was coming from poll-bound Manipur,” he said.

He also questioned if the cash was transferred for Modi’s morning rally. “Is it not a clear cut case of ‘Chowkidar’ becoming ‘Chor’?”

Surjewala demanded the cancellation of the candidature of Gao from the West Arunachal seat and the resignation of Khandu.

Business

SBI aims to eliminate debit cards to promote digital transactions

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Mumbai: The State Bank of India is planning to end the ubiquitous usage of debit cards from the banking system. “It is our wish to eliminate the debit cards, and am sure we can eliminate them,” said SBI chairman Rajnish Kumar on Monday while at the annual FIBAC, a banking conclave organised by the Indian Banks’ Association (IBA) and industry body Federation of Indian Chambers of Commerce & Industry (FICCI).

A fifth of the population relies on the debit card service of this largest lender. In Spite of this huge reliance, SBI plans to promote more digital payment solutions and eliminate the plastic cards. The chairman of the bank Rajnish Kumar noted that there are around 90 crore debit cards in the country as against the 3 crore credit cards. He added that in order to achieve a debit card-less country, there are digital solutions like the bank’s own ‘Yono’ platform. With the aid of the Yono platform, customers can withdraw cash at the automated teller machines or pay for purchases at a merchant establishment without having a card at all, noted Rajnish Kumar.

Pointing out that virtual coupons are the future, Kumar said that the will be less usage of plastic cards in the next five years. Currently, there is the QR code which is a very inexpensive way of ensuring payments.

 

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