HOME > SOCIETY > LAW > Supreme Court orders RBI to transfer Greenpeace funds to IDBI bank ac

Supreme Court orders RBI to transfer Greenpeace funds to IDBI bank ac

The Delhi High Court today issued notice to the Ministry of Home Affairs (MHA) seeking its response in a petition filed by Greenpeace India alleging that the government had blocked its foreign funds.

The court also directed that Greenpeace India’s blocked funds to be moved from RBI’s account to the NGO’s account with IDBI Bank, Greenpeace said. The money has to be put in a fixed deposit until October 10. The government has to file their response to the HC notice in the next two weeks. The next hearing of the case will be on 10th October.

supreme-court

Greenpeace India had filed a writ petition last week in the high court demanding answers from the Ministry of Home Affairs on the arbitrary prohibition of foreign funds under FCRA.

Greenpeace called the government’s blockage “completely arbitrary”.

“Greenpeace India follows all laws of the land and is completely transparent in its operations. But in the absence of any communication from the government the NGO is forced to believe that the MHA is attempting to financially choke and discredit Greenpeace India in order to proceed smoothly with its pro-corporate agenda,” said Samit Aich, Executive Director, Greenpeace India, in a statement.

“We have not received any official communication from the Home Ministry. We demand that the government should immediately respond to our queries,” Aich added. For the sake of transparency, Greenpeace India had filed the petition, seeking details from the Ministry and the Reserve Bank of India of what triggered the actions against Greenpeace India.

“On June 23, 2014, we had requested for a financial transfer from Greenpeace International, who transferred the money the very next day. Normally it takes three-four days for the funds to transfer into our accounts. However, on June 30, we were denied the money on the grounds that our bank, IDBI had received instructions from the Reserve Bank of India that they would not be able to transfer the money unless they received a go ahead from the MHA. We got to know about it only in the newspapers,” Aich further added.

According to media reports, the new BJP-led government feels that international environment conservation organisations like Greenpeace may be working with an agenda to prevent India from developing. Greepeace is known for its direct action style of environmental activism, and has attacked corporates like Essar, Bharti Airtel etc for causing pollution.

Follow ULTRA.news
GST complaints coming mainly from tax-evaders – Adi Godrej Adi Godrej, chairman of one of India's largest manufacturing and real estate groups, said most of the complaints about the new Goods and Services Tax is coming from businesses that have been built on a model of tax evasion."The complaints about the GST are mainly coming from ...
India to see 6 GW of wind power auctioned in 5 months Inox Wind Limited, the most aggressive player in bidding for new wind power projects, said it expects almost 6 GW of new wind power projects to be auctioned in India over the next five months.In comparison, the country added 5.4 GW of wind power capacity on the ground in the...
NRI bank accounts see mega outflows as Gulf crisis hits earnings Net bank deposits by non-resident Indians have fallen by nearly 90% so far this financial year as more and more foreign workers dipped into their bank accounts in the face of a crisis in the Gulf region, industry association ASSOCHAM said.Net bank deposits -- the difference ...
CNG price increased by 95 paise per kg in Delhi, Rs 1.26 in NCR Indraprastha Gas Ltd, which sells CNG to the National Capital Region, said it has raised the price of CNG by 95 paise per kg in Delhi and by Rs 1.26 per kg in the consumer price of CNG in Noida, Greater Noida and Ghaziabad.In Rewari, the price will be increased by Rs 1 per kg...
Infosys included in Dow Jones Sustainability Index Infosys said it has been inducted into the Dow Jones Sustainability Indices (DJSI) and is now part of two of the indices -- DJSI World and DJSI Emerging Markets.The indices measure the economic, environmental and social performance of companies and are based on the companie...
South India still water-stressed despite decent monsoon Despite a decent monsoon season, water levels at storage facilities in India continues to be below those of last year as well as the 10-year average.Of particular concern is the situation in South India, only 39% of the total capacity of the reservoirs has been filled so far...
India to announce new industrial policy in October The Indian government is likely to announce a new industrial policy in October, the ministry of commerce and industry said, and sought feedback from the public.Commerce and industry minister Nirmala Seetharaman will hold a final round of consultations with stakeholders soon,...
Modi’s reforms drag, power plants to face low loads, study India’s energy sector is facing low capacity utilisation in power generation as plant load factor is estimated to remain low at around 62 per cent until 2018-19, noted a recent ASSOCHAM-Crisil joint study.The study also expressed concern over the slow pace of reform implement...
Tata Power to set up electric vehicle charging stations in Mumbai Tata Power announced its plan to set up electric vehicle charging stations across Mumbai, and has set up the first one at its compound in Vikhroli."These chargers would facilitate electric car users to charge their cars (Battery Electric Vehicles such as the Mahindra e2O, Nis...
Expecting waivers, farmers stop paying back bank loans? The write-off of farm loans in Uttar Pradesh and Maharashtra seems to be encouraging farmers in other states to stop paying back their farm loans to make sure that they will get the benefits of any farm loan waiver program in their state. This has led to a sharp increase in farm ...
India achieves only 14% of rooftop solar power target Even as India more or less sticks to the target on adding large solar farms under its ambitious Solar Mission project, the other leg of the plan -- rooftop solar -- remains woefully behind target.Under the solar mission, India is supposed to have put in 5,000 megawatt of sola...
IT companies using illegal tactics to force workers to resign: FITE The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations.In a meeting with Maharashtra Chief Mi...
Demonetization took India forward by 3 years – SBI The demonetization of currency notes late last year has doubled the number of card transactions and helped push India's payment digitisation by three years, State Bank of India said in a note."Even after seven months post demonetization, the transaction value is quite large ...
Surya introduces 32-watt full-size ceiling fan with BLDC technology Surya Roshni, one of India's oldest electrical brands, said it launched what could be India's most power efficient full-size ceiling fan -- the SS-32.The fan belongs to the new breed of brushless or BLDC fans that use an electronic circuit to convert alternating current into ...
Telcos Change Tack as Net Neutrality Fight Enters Final Round in India A campaign by Internet Freedom FoundationIf you thought the fight over net neutrality was over with the sending of 1 mln emails to the TRAI two years ago, think again.The telecom service providers, who lost out that in the first round, are back. This time, however, their...
Indian IT industry facing layoffs as conditions worsen, warns Assocham Trump unveiled his 'Buy American, Hire American' program yesterdayIndian IT companies are bound to see "some laying off" of their work force back home due to various negative forces impacting the industry, Assocham -- an association of various industries -- warned."With ...
Maharashtra gets 65% of all National Highway upgrades in FY17 Even as states race to denotify state highways as 'urban roads', Maharashtra, home of roads and highways minister Nitin Gadkari, managed to get 65% of all sanctioned upgrades of state highways into national highways last year.According to year-end data prepared by the roads a...
Rs 1.7 lakh cr deposited via demonetization may not be withdrawn – SBI Monthly cash withdrawals for all banks | source:SBI ResearchThe Indian banking system is likely to get a permanent liquidity boost of Rs 1.7 lakh cr due to the demonetization of high-denomination bank notes, State Bank of India chief economic adviser said in a note to bank c...
India is the first country to reuse nuclear waste on large scale – Minister A rally to popularize nuclear power in Mumbai in 2014The Department of Atomic Energy today said that India is the first country in the world where the waste produced by nuclear power plants is being used for civilian applications.Jitendra Singh, the minister of state ove...
India to add 34.5 GW of hydroelectric capacity in 10 years A hydro-power plant in Himachal PradeshIndia will set a target of adding 34.5 GW of hydro-power generation capacity in the next ten years, according to power ministry sources."The target for the 13th plan has been set at 13.31 GW and that for the 14th plan will be 21.15 ...