366 farmers arrested in Gujarat after clash with police

Agencies
May 16, 2018

Ahmedabad, MAY 14: The Gujarat police arrested 366 farmers for staging a violent protest in Surka village of Bhavnagar district against land acquisition by state-owned lignite mining firm, Gujarat Power Corporation Limited (GPCL).

On Sunday night, over 2,500 farmers, including women and children, gathered at the site and opposed mining by GPCL, despite the imposition of Section 144 that restricts gathering of more than four persons. The farmers took out a rally to the site and later entered into an altercation with the police. The police, in turn, used about 60 tear gas shells.

"We have been agitating against this project for over a month, but have never resorted to violence. Even on Sunday, we did nothing but the police began lobbing teargas shells and started beating women and children with batons. Eight farmers and a seven-year-old child were hurt," Narendrasinh Gohil, president of Ghogha Khedut Samaj, said.

Anand Yagnik, the lawyer representing the farmers, claimed that the police detained women and children who had gathered at the site from 12 villages of Ghogha and Bhavnagar taluka.

Third clash

The clash between farmers and police is the third such incident since April 1. The GPCL had acquired 1,414 hectares of land between 1995 and 2005 for mining purposes under the Land Acquisition Act of 1894. It had also paid compensation to the farmers. However, it had not taken physical possession of the land then and allowed locals to continue with farming. With the passage of time, the GPCL required the area for mining of lignite, the fuel for its power plant.

The farmers claim that the GPCL had forcefully acquired land in violation of Section 24 (2) of Land Acquisition And Rehabilitation and Resettlement Act, 2013 (LARR). As the project had not begun in stipulated time, the land belonged to the original owners, they say.

Euthanasia plea

Interestingly, over 5,000 farmers from the region have petitioned to the President, to be allowed euthanasia. "We request you to accede to our request of being shot dead by army jawans as the GPCL, Gujarat government, Bhavnagar collector and Gujarat Police are making us feel like terrorists," the farmers said in the petition.

Comments

Riyaz
 - 
Thursday, 17 May 2018

Should have thought about this before screaming and shouting Modi modi.

 

Modi and shah are all in favour of the industries as they get all the financies from them. farmers are only required during the elections and their votes is fro sure for BJP no matter how they are treated. just talk something about Ayodhya, Muslims, love Jihad, and some stupid things like this. 

 

Good governance by BJP. please continue the same and destroy the whole of gujrat and dear modi jee please try to replicate the same in all india level. 

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
June 18,2020

New Delhi, Jun 18: Prime Minister Narendra Modi on Thursday said he is "deeply grateful" for the overwhelming support shown by the global community for India''s membership of the UN Security Council.

India will work with all member countries to promote global peace, security, resilience and equity, he said.

India garnered 184 votes out of the 192 ballots cast in the General Assembly to win the election for the non-permanent seat in the powerful Security Council.

India''s two year term will begin on January 1, 2021.

This is the eighth time that India will sit at the UN high-table, which comprises five permanent members and 10 non-permanent members.

"Deeply grateful for the overwhelming support shown by the global community for India''s membership of the UN Security Council," the prime minister wrote on Twitter.

India will work with all member countries to promote global peace, security, resilience and equity, he said.

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Agencies
February 12,2020

New Delhi, Feb 12: Delhi Chief Minister-designate Arvind Kejriwal was on Wednesday elected as the leader of AAP legislative party, a day after he led the party to an emphatic victory in the Delhi Assembly elections.

Kejriwal was elected as the AAP legislative party leader during a meeting called by him with the newly-elected party MLAs. The meeting was held at the AAP chief's residence.

Atishi, AAP's winning candidate from Kalkaji constituency said after the meeting, "It is definitely a validation of the work that has been done by AAP in the last five years, be it education, health care, water or electricity."

Kejriwal is slated to take oath as the Delhi Chief Minister for the third time at Ramlila Maidan on February 16.

AAP galloped to a landslide victory by winning 62 of the 70 seats in the Delhi Assembly elections in the face of a high-voltage campaign by the BJP, which fielded a battery of Union Ministers and Chief Ministers in its electioneering, spearheaded by Home Minister Amit Shah.

The BJP marginally improved its tally, managing just eight seats from its 2015's tally of three seats. The Congress, which drew a blank in the previous elections, failed to open its account yet again.

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