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State Bank says no ID proof required to exchange Rs 2000 note

The Reserve Bank of India on Friday evening, in a surprising move ordered the withdrawal of Rs 2000 notes from circulation and said it will continue to be a legal tender.

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State Bank says no ID proof required to exchange Rs 2000 note

On Sunday, the State Bank of India (SBI) in a big relief for the customers said they can now exchange their Rs 2000 denomination notes in the bank without taking any requisition slip also will not require to produce any ID proof while exchanging upto Rs 20,000 at a time.

The SBI in a guideline issued for all its banks has mentioned it clearly that no ID proof is required to be produced by the customers while doing an exchange of their Rs 2000 notes for up to Rs 20,000 limit.

The SBI guideline also directed its branches all across the country to cooperate with the tenderer for a smooth operations during the exchange procedure without causing any inconvenience to the public.

The Reserve Bank of India on Friday evening, in a surprising move ordered the withdrawal of Rs 2000 notes from circulation and said it will continue to be a legal tender.

The RBI asked the citizens to exchange/deposit their Rs 2000 notes by September 30, 2023 with an exchange limit of up to Rs 20,000 at a time. RBI said starting from May 23 people can initiate the exchange/deposit process visiting their respective banks.

In the issued statement of RBI, it also said it has asked the banks to stop issuing Rs 2,000 notes with immediate effect.

After this move by the RBI, there was a panic situation all over the public. Some thought it to be a demonetisation 2.O, while some feared again they will have to stand in the long queue like they had to during the 2016 demonetisation.

The Rs 2000 denomination note was introduced after the demonetisation in 2016, which banned Rs 500 and Rs 1000 currency notes.

After Rs 500 and Rs 1000 notes were banned, RBI introduced Rs 2000 note along with it brought Rs 500 note in a completely different design, colour and shape than the previous one.  

India News

PM Modi assures no discrimination in women’s quota, delimitation debate intensifies in Parliament

PM Narendra Modi has assured that women’s reservation will be implemented without discrimination, amid a heated debate over delimitation in Parliament.

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PM modi

Prime Minister Narendra Modi has assured that there will be no discrimination in the implementation of women’s reservation, as Parliament witnessed a sharp debate over the proposed linkage between the quota and delimitation exercise.

During the ongoing special session, the government reiterated its commitment to ensuring fair representation while addressing concerns raised by opposition parties regarding the timing and structure of the legislation.

The proposed framework aims to reserve 33 percent of seats for women in the Lok Sabha and state assemblies. However, its implementation is tied to a fresh delimitation exercise, which is expected after the next census.

Opposition questions timing and intent

Opposition leaders have raised concerns that linking the women’s quota to delimitation could delay its implementation. They argue that the process of redrawing constituencies may push the actual rollout further into the future.

The issue has triggered a broader political confrontation, with multiple parties questioning whether the move could alter representation across states.

Some critics have also alleged that the delimitation exercise could disproportionately benefit certain regions based on population, a charge the government has rejected.

Government reiterates commitment to fair implementation

Responding to these concerns, the Centre has maintained that the reforms are necessary to ensure accurate and updated representation based on population data.

Leaders from the ruling side have repeatedly emphasized that the process will be carried out transparently and without bias. The assurance that there will be “no discrimination” is aimed at addressing fears among states and opposition parties.

The debate marks a key moment in Parliament, with both sides engaging in intense exchanges over one of the most significant electoral reforms in recent years.

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India News

No state will lose a seat, Centre assures as delimitation debate takes centre stage in Parliament

Parliament’s special session begins with key focus on implementing women’s reservation and delimitation, setting the stage for major electoral changes.

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Parliament

A special session of Parliament commenced on Thursday, with the Centre set to take up crucial legislation related to women’s reservation and delimitation of constituencies. The session, scheduled over three days, is expected to witness intense debate as the government pushes forward its legislative agenda.

At the centre of discussions is the proposal to operationalise the women’s reservation law, which seeks to allocate 33 percent of seats in the Lok Sabha and state assemblies to women. The law, passed earlier, requires enabling provisions before it can be implemented.

The rollout of the reservation is closely tied to the delimitation exercise — a process that redraws parliamentary constituencies based on updated population data. The implementation is expected only after the next census and delimitation process are completed.

The government is aiming to put in place the framework so that the reservation can be enforced in future elections, likely around 2029.

Delimitation and numbers at play

Delimitation is a key aspect of the proposed changes, as it will determine how seats are redistributed and which constituencies are reserved. The exercise is expected to reflect population shifts and may also involve an increase in the total number of Lok Sabha seats.

This linkage has made the issue politically sensitive, with several opposition parties backing women’s reservation in principle but raising concerns over how and when delimitation will be carried out.

Political reactions and expected debate

The session is likely to see sharp exchanges between the government and opposition. While there is broad agreement on increasing women’s representation, disagreements remain over the timing, process, and potential political implications of the delimitation exercise.

Some leaders have argued that delimitation could significantly alter the balance of representation among states, making it a contentious issue beyond the women’s quota itself.

The government, however, has framed the move as a step toward strengthening women’s participation in governance and ensuring more inclusive policymaking.

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India News

Delimitation and women’s quota bills set to be tabled in Parliament today, key numbers explained

The Centre will table key bills on women’s reservation and delimitation, proposing a major expansion of Lok Sabha and changes in seat allocation based on updated census data.

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Lok Sabha

The Centre is set to introduce a set of crucial bills in Parliament aimed at implementing women’s reservation and redrawing electoral constituencies, marking a major shift in India’s political framework.

According to details accessed from official drafts, three separate legislations are expected to be tabled during the ongoing session. These include a constitutional amendment to operationalise 33% reservation for women, a delimitation bill to redraw constituencies, and changes to laws governing Union Territories.

The move is seen as a coordinated effort to align women’s reservation with a fresh delimitation exercise based on updated population data.

How the numbers may change

One of the most significant proposals is the expansion of the Lok Sabha. The draft legislation suggests increasing the maximum strength of the House to around 815 members, with up to 35 seats allocated to Union Territories.

Currently, the Lok Sabha has 543 elected members. The increase is aimed at ensuring proportional representation after decades of population changes across states.

The proposed delimitation exercise would rely on the latest available census figures, likely the 2011 Census, replacing the long-standing reliance on 1971 data.

Women’s reservation linked to delimitation

The proposed framework makes it clear that the 33% reservation for women in Parliament and state assemblies will only be implemented after the delimitation process is completed.

The reservation is expected to apply across general, Scheduled Caste, and Scheduled Tribe seats, with constituencies being rotated periodically to ensure broader representation.

The reform is likely to come into effect ahead of the 2029 general elections, depending on the completion of the delimitation exercise.

Why delimitation is central to the plan

Delimitation has remained frozen for decades, leading to imbalances in representation due to population growth, migration, and urbanisation.

The new bill proposes setting up a Delimitation Commission, which would be tasked with redrawing constituency boundaries and reallocating seats based on updated population data.

This process is expected to significantly alter the political map of the country and could trigger debates over regional representation.

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