Lawstreet Journal

Plea in SC seeking Demonetisation 2.0 and Establishment of Anti- Corruption Court

Lawstreet Journal 23 Dec 2020 11:15pm

Image courtesy: Lawstreet Journal Judiciary Plea in SC seeking Demonetisation 2.0 and Establishment of Anti- Corruption Court

A PIL has been filed in the Supreme Court for a direction to set up special anti-corruption courts in every district to decide cases related to various economic offences like money laundering, benami properties, disproportionate assets and tax evasion within one year.

Lawyer-petitioner and BJP leader Ashwini Upadhyay argued long-pending cases of economic offence and widespread corruption slow down the development process in the country.


The Narendra Modi government had demonetised around 85 per cent of the currency in 2016 and pitched it as a definitive war on black money.Previously, the Morarji Desai government had also carried out demonetisation but at a lower scale.


The plea claimed that “Total budget of the Centre, states and local bodies is around Rs 70 lakh crore but due to massive corruption in every department, around 10 per cent of this budget (Rs 7 lakh crore) becomes black money.”

The plea further proposed that “The Centre can save this huge public money by recalling currency above Rs 100, restricting cash transaction above Rs 5,000, linking assets above Rs 50,000 to Aadhaar, confiscating 100 per cent black money, benami property, disproportionate assets, and awarding life imprisonment to looters,” 

While the plea contended that the injury caused to people is extremely large because corruption is an insidious plague, having numerous corrosive effects on so, the plea states that "corruption is key element in economic underperformance and main obstacle in poverty alleviation. Right to life and liberty guaranteed under Article 21 cannot be secured and the golden goals of Preamble cannot be achieved… Continue Reading...

Tagged: Public Interest Litigations  
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