Offences that threaten India's economic security including circulation of counterfeit currency will now be considered a terrorist act, as a bill in this regard was cleared by Parliament on Thursday. The Lok Sabha had passed the bill earlier.
The Unlawful Activities (Prevention) Amendment Bill, 2012, passed by the Rajya Sabha by voice vote amid a walk-out by the Left parties, Janata Dal-United (JD-U) and Rashtriya Janata Dal (RJD) also provides for extended the period for ban on an association from the current two years to five years.
Home Minister Sushilkumar Shinde said that an individual, group of individuals or association who are involved in counterfeit currency circulation will be covered under the law and it is not meant to be against innocent people.
The other salient features of the bill include expansion of the definition of terrorist act to include acts that involve detention, abduction, threats to kill or injure, or other actions so as to compel an international or inter-governmental organisation to comply with some demand.The bill would cover those involved in procurement of weapons, raising funds for terrorist activities and counterfeiting Indian currency. It would also cover offences by companies, societies or trusts. That apart, courts would be given additional powers to provide for attachment or forfeiture of property equivalent to the counterfeit Indian currency involved in the offence or to the value of proceeds of terrorism involved in the offence. Seeking to allay apprehensions expressed by members, Minister of State for Home R P N Singh said that the amended law will not be misused. 'This bill is against terrorism and terrorists. I assure that the bill is religion neutral... Terrorism is not just about guns, it is also about attack on a country's economy," he said.
The Communist Party of India-Marxist (CPI-M) had moved an amendment seeking to take trade unions out of the purview of this Act but it was negated by a majority 79 members out of the 107 present in the lower House of Parliament on Thursday. Twenty-eight members voted in favour of the amendment. The amendment moved by the Bharatiya Janata Party (BJP) to include non-government organisations (NGOs) under it so that their foreign funding too comes under scanner for its misuse in terrorist activities was withdrawn.
The Unlawful Activities (Prevention) Amendment Bill, 2012, passed by the Rajya Sabha by voice vote amid a walk-out by the Left parties, Janata Dal-United (JD-U) and Rashtriya Janata Dal (RJD) also provides for extended the period for ban on an association from the current two years to five years.
Home Minister Sushilkumar Shinde said that an individual, group of individuals or association who are involved in counterfeit currency circulation will be covered under the law and it is not meant to be against innocent people.
The other salient features of the bill include expansion of the definition of terrorist act to include acts that involve detention, abduction, threats to kill or injure, or other actions so as to compel an international or inter-governmental organisation to comply with some demand.The bill would cover those involved in procurement of weapons, raising funds for terrorist activities and counterfeiting Indian currency. It would also cover offences by companies, societies or trusts. That apart, courts would be given additional powers to provide for attachment or forfeiture of property equivalent to the counterfeit Indian currency involved in the offence or to the value of proceeds of terrorism involved in the offence. Seeking to allay apprehensions expressed by members, Minister of State for Home R P N Singh said that the amended law will not be misused. 'This bill is against terrorism and terrorists. I assure that the bill is religion neutral... Terrorism is not just about guns, it is also about attack on a country's economy," he said.
The Communist Party of India-Marxist (CPI-M) had moved an amendment seeking to take trade unions out of the purview of this Act but it was negated by a majority 79 members out of the 107 present in the lower House of Parliament on Thursday. Twenty-eight members voted in favour of the amendment. The amendment moved by the Bharatiya Janata Party (BJP) to include non-government organisations (NGOs) under it so that their foreign funding too comes under scanner for its misuse in terrorist activities was withdrawn.