Meaning :
Can a Public Interest Litigation ( PIL ) become the MAGIC CAPSULE ( PILL ) to permanently rid our
country of the menace of BLACK
MONEY ?
Some years back , someone filed a PIL in the Supreme Court to
instruct the Central Government to appoint a SIT ( Special Investigation Team ) to look into
the matter of the BLACK
MONEY
SC admitted that PIL and in 2011 , asked the government to appoint a SIT
For many years ,
UPA government did nothing
Then on 23 May 2014
, Supreme Court, granted one week’s time to the Centre to set up an SIT, to monitor all black
money cases as per its direction.
In its very first Cabinet meeting ( 26 May 2014 ? ) , the new NDA
government appointed a SIT , headed by Justice M B Shah
“ SIT will prepare a comprehensive action plan including the
creation of necessary institutional structure that can enable the country to fight a battle against generation of unaccounted money,”
the terms of reference for the SIT said.
The SIT, according to the terms of reference ,
“ shall report to
the court and shall inform the court about all the major
developments, by filing periodic
status reports from time to time, and for this purpose, the Union of India
shall accord all the necessary financial material, legal, diplomatic resources
both inside and outside
the country to the SIT ”.
It is quite possible
that the following MAJOR
DEVELOPMENT , escaped the notice of the SIT :
TO CRACK DOWN ON THE MENACE OF BLACK MONEY , AUSTRALIA HAS DECIDED TO EMBED HI-TECH NANO CHIPS
IN ITS CURRENCY NOTES OF $ 50 / $ 100
{ Our SIT = Australia’s “ Federal Government’s Black
Economy Task Force “ }
But is
it possible that the SIT
follows up with our own scientists to evaluate the feasibility of my following suggestion
?
NETWORKOF CURRENCY NOTES ? [ 03
Nov 2015 ]
Or ,
would SIT want to
wait till someone files a fresh PIL in the Supreme Court , based on my following blog / email ?
02 Nov 2017
www.hemenparekh.in
/ blogs
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