The Daily
Morning News
News headlines and details from the Daily Morning News.
News Headlines:
- 500 and 100 rupee notes demonetised: Note with 'Joy Bangla' inscription not legal Tende.
- Normalcy returns to Sylhet.
- People urged to co-
operate with Armed Forces - 30 Pak diplomats confined to their Calcutta residences.
- MLR 81
- Unification of three Leagues: Body formed.
Other Headlines:
- Relief through national agencies : Pak-
UN accord. - Ban on all secessionist activities West wing vital: Quyyum Khan.
- India bent on putting obstacles in way of reparation of refugees.
- Arab Government and peoples thanked for support to Pakistan.
- Sardar Qayyum urges people to find out points of unity.
- People highly appreciate timely action taken by President Yahya.
- Education Ministers approve suggestions by Pak delegate.
- Khan Sabur says, social, political structures must be based on Islam.
- Z. Huq. Back in city.
Islamabad, June 7 (APP): Pakistan currency notes of denomination of Rs. 500 and Rs. 100 have been demonetised. These notes would cease to be legal tender from midnight tonight.
The holders of such notes have been asked to deposit them with any of the branches
of Commercial banks, any treasury or Deputy Commissioner, Sub-
All currency notes bearing the expression 'Joy Bangla' or "Bangladesh" or 'Dacca' or any other similar expression have also been demonetised.
No person would be entitled to demand or receive from the State Bank or the Central Government the value of any currency notes bearing such marking in any language.
Five hundred rupee-
Committees
The Central Government would set up committees which would decide which of the 500
and 100 rupee-
The person surrendering such notes will get the amount of equivalent value if the committee decided that these were not illegally acquired or such person had not evaded tax.
Currency Looted
A press note issued by the Ministry of Finance in Islamabad today said: A large amount of currency notes have been looted from treasuries and banks in East Pakistan by the infiltrators and miscreants and taken away to India. The design of our enemies is clearly to use the looted currency for financing subversion and smuggling of goods from Pakistan. A part of the currency is also being dumped in the international markets eroding the value of Pakistan rupee. Moreover, the looted currency may ultimately find its way into the economy thereby increasing inflationary pressures.
In order to deal effectively with this problem Government have decided to demonetise
currency notes of the denomination of rupees five hundred and rupees one hundred.
a martial Law Regulation has been issued today by the President and CMLA. These notes
will cease to be legal tender with effect from the midnight following Monday, the
7th June, 1971 and nobody should accept them in any transaction. All holders of these
notes including Government department should deposit them with the nearest branch
of any commercial bank, Government Treasury, Deputy Commissioner, Sub-
Rupees five hundred notes may be tendered only on two days, namely, Tuesday and Wednesday, the 8th and 9th June, 1971 from 9a.m. to 9 p.m. Rupees one hundred notes may be deposited on three days. Tuesday, Wednesday and Thursday, the 8th, 9th and 10th June, 1971 from 9 a.m. to 9 p.m.
While depositing the notes, the holders should give the following information in writing:
(A) Name
(B) Father's name
(C) Full address
(D) Denomination-
The public is advised to get a proper receipt from the bank or other authorities concerned at the time of depositing the notes. They should keep this receipt in their safe custody to enable them to claim other currency notes in full exchange of the demonetised notes.
The Government realise that the measure they have taken may cause some inconvenience to the members of the public, but have no doubt that they would understand that this step has been taken by Government in the larger national interest.
Under clause seven of the Martial Law Regulation issued for the Purpose, the State
Bank of Pakistan has directed all commercial banks, treasuries and sub-
Sylhet, June 7 (APP): Normalcy is fast in the district in the educational spheres, primary schools, junior high schools and high schools up to class VII have already opened and attendance in all the institutions is satisfactory. The authorities here are contemplating to open the higher classes shortly.
In the communication sector bases have started pluying in all the main roads of the
district connecting the sub-
As essential food staff and daily necessities have started arriving from Dacca through launch service, prices are coming down to the great relief of the public. Prices of kerosene oil, salt, dal have already come down. Food stuffs are also being distributed through ration cards.
Mr. S.B. Zaman, MPA elect (Independent), has called upon the people to co-
Mr. Zaman, who has just returned from a tour of the districts of Mymensingh and Tangail in a statement issued in Dacca said, "I visited Mymensingh and Tangail on May 18 and returned to Dacca on 9 May 24. During this period 9 met members of the Local Peace Committee, different sections of the people and had discussion with local Martial Law Authorities. I also met local Deputy Commissioners and superintendents of Police and other officials.
"As a result of the efforts of Martial Law Authority the people of Mymensingh arid Tangail have now regained their courage and now coming forward in large number to the town and helping the Government to stabilise the situation.
'Before I conclude, I like to congratulate the President, General yahya Khan, on his recent announcement that he will shortly declare his plan for transfer of power to the elected representatives of the people. It has created a favourable atmosphere and people in general are looking forward with hope and expectation for a better future. To make the President's plan a success, it is necessary that more MPA's and MNA's who are innocent should come forward.
New Delhi, June 7(PPI): The Indian Government on Saturday confined 30 West Pakistani diplomats to their residences in Calcutta. Both India and Pakistan closed down their respective Deputy High Commissions in Dacca and Calcutta but have been unable to agree on how the staffs should be repatriated.
Rawalpindi, June 7 (APP): Following is the text of the Martial Law regulation No. 81 issued by the Chief Martial Law Administrator here yesterday.
Where as large quantity of Pakistan currency notes have been illegally removed from the Government treasuries, branches of the State Bank of Pakistan, and whereas such currency notes are likely to be used for activities prejudicial to the national economy and security of Pakistan. And where as it is expendient to withdraw from circulation high denomination currency notes. now, there for the
Chief Martial Law Administrator is pleased to make and promulgate the following Martial Law Regulation.
1 . This regulation shall come into force at once and shall take effect notwithstanding any thing inconsistent there with in any other law for the time being in force.
2. All Pakistan currency notes of the following description shall cease to be legal tender within the meaning of Section 25 of the State Bank of Pakistan Act 1956 (XXXIII of 1956) on and from the dates mentioned against each.
(A) Pakistan currency notes inscribed or date of marked with or having impressed
or commencement embossed there-
(b) Pakistan currency notes of 500 Rs. 8th June 1971 and 100 rupees denominations.
All holders of the currency notes specified in sub-
(B) of paragraph-
(A) Pakistan currency notes of 500-
(B) Pakistan currency notes of 100 rupees denomination 8th, 9th and 10th June 1971, Whereafter these Currency notes shall not be accepted.
4. The Banks or their branches, the treasuries or the officers mentioned in paragraph 3 to whom the currency notes are surrendered shall note down the name and address of the person surrendering them and the numbers and value of such currency notes and shall give a receipt duly signed and stamped to the person surrendering them.
5. (I) The Central Government shall set up such committees as it may deem tit_ and
every such committee shall decide (a) which of the currency notes surrendered under
sub-
(2) The decision of a committee under sub-
6. A person who has surrendered any currency notes under paragraph 3 shall on production of the receipt issued to him under paragraph 4 be entitled to receive, on such dates as may be notified by the State Bank of Pakistan in the official gazette the amount equivalent to the value of the currency notes so surrendered by him from such bank as may be mentioned in the notification, if (A) the currency notes surrendered by him have not be found by the committee to have been illegally acquired or illegally removed from any of the branches of the State Bank of Pakistan or from any office or branch of any other bank or from any government treasury, and (B) such person has been found by the committee not to have evaded any tax payable to the government.
Lahore, June 7 (APP): Chaudhury Muhammad Nawaz, former MPA, yesterday announced that
a six-
According to Mr. Nawaz, the meeting was called with a view to devising ways and means
to bring about merger of the factions of the Muslim League. The move to appoint a
unification committee was made at the meeting by Chowdhury Muhammad Sarwar ex-
The unification committee, according to Mr. Nawaz, consisted of Chowdhury Zahur Ilahi,
MNA-
He said, the committee had been asked to complete its assignment before June 27 when a "large meeting " of the Muslim League workers would be held to consider the report of the committee.
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