Am I not doing right thing? Cong, Left trying to oust me: PM Modi

Agencies
April 7, 2019

Udaipur, Apr 7: Hitting out at the Congress and the Left Front, Prime Minister Narendra Modi said on Sunday the opposition parties were hell-bent on removing him from power, even if that meant singing paeans to Pakistan.

Addressing a rally in Udaipur, Modi said the people of Tripura has set a precedent for the entire country by ousting the Left Front government after 25 years.

"Mamata Banerjee's Trinamool Congress has been trying its best to make inroads into Tripura, but people haven't allowed that. They tolerated the atrocities of the Left Front, waiting patiently for the BJP to rise. I thank the people of Tripura for believing in the BJP," he stated.

Modi asserted that the opposition parties could stoop to any level to remove him from power.

"The Congress and the Left are working together to oust Modi. They have stooped too low, singing paeans to Pakistan even when the NDA government was taking on the terrorists on the soil of the neighbouring country.

"Am I not doing the right thing by giving a befitting reply to the enemies of the country?" he asked the people who gathered at the rally.

Taking a jibe at the Congress manifesto, Modi said, "The grand old party came out with their hypocrisy document of 50-60 pages. They haven't mentioned the middle-class even once in the notification.

"The middle-class has long suffered under the Congress rule. Some parties, including the Congress, have said that more taxes should be levied on the middle-class."

Attacking the Left parties, he said, they consider their "party's constitution bigger than that of the country's".

"The Left parties don't want to give the country a direction. They are only keen on improving their own condition," Modi said.

Heaping praise on Chief Minister Biplab Deb, he said the state government has improved the law and order situation and developed infrastructure in just one year.

"Our government has started procuring agricultural produces from the farmers directly. The middlemen and the moneylenders have suffered a setback," he claimed.

Under the Saubhagya scheme, the NDA government has ensured power connection in almost all homes in the state, the prime minister noted.

"As promised before the assembly election, we have initiated work on broad gauge rail line, built bridges, started train services, connecting Agartala with other parts of the country. Work is also underway to give Maharaja Bir Bikram Airport an international makeover," he added.

Election to two Lok Sabha seats in Tripura will be held on April 11 and 18.

Comments

shiju
 - 
Monday, 8 Apr 2019

Dear Modi, please show us one good that you have done.   You did good only to industrialists.  Amit shah and his family have become billionairs within last four years.   Adani and ambani etc have increased their wealth to 100 fold.   Farmers and poors are dying due to poverty and you are misleading other nations by sayig india is shining and there are no poors in India.   attrocities on Dalits / Muslims / OBCs etc have increazsed during last 4 years.   Youths are jobless and are forced to do wrong things.   You have made our life miserable.  

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Agencies
July 7,2020

India's COVID-19 tally raced past the seven lakh-mark with 22,252 fresh infections on Tuesday, five days after crossing the six lakh post, while the death toll climbed to 20,160 as 467 more people succumbed to the disease, according to the Union health ministry.

With this, the country has recorded over 20,000 cases of the infection for the fifth consecutive day.

India's coronavirus infection caseload stands at 7,19,665, the ministry's data updated at 8 am showed.

With a steady rise, the number of recoveries stands at 4,39,947, while there are 2,59,557 active cases of coronavirus infection in the country.

"Thus, around 61.13 % of patients have recovered so far," an official said.

The total number of confirmed cases also includes foreigners.

Of the 467 deaths reported in the last 24 hours, 204 are from Maharashtra, 61 from Tamil Nadu, 48 from Delhi, 29 from Karnataka, 24 from Uttar Pradesh, 22 from West Bengal, 17 from Gujarat.

Telangana and Haryana reported 11 deaths each; Madhya Pradesh nine; Andhra Pradesh seven; Jammu and Kashmir six; Rajasthan and Punjab five each; Bihar, Kerala and Odisha two each; and Arunachal Pradesh and Jharkhand one each.

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Agencies
April 14,2020

Mumbai, Apr 14: Hours after Prime Minister Narendra Modi announed extension of the coronavirus-enforced lockdown till May 3, a large number of migrant workers who earn daily wages came out on road in Mumbai on Tuesday demanding transport arrangements to go back to their native places.

Bandra in Mumbai right now. Police probing what caused such a large crowd to gather. pic.twitter.com/04H1Mnggd2

— Padmaja joshi (@PadmajaJoshi) April 14, 2020

Daily wage workers have been rendered jobless ever since the lockdown was announced late last month to stem the spread of COVID-19, making their life a constant struggle.

Though authorities and NGOs have made arrangemnets for their food, most of them want to go back to their native places to escape the hardship brought by the sweeping curbs.

Wow. Thousands of ambassadors of peace doing this at #Bandra right now. Well done @OfficeofUT, well done. The world should see this.#Covid_19 #COVIDIOTSpic.twitter.com/SdinaZXm39

— Abhijit Majumder (@abhijitmajumder) April 14, 2020

According to a police official, daily wage earners, numbering around 1,000, assembled at suburban Bandra (West) bus depot near the railway station and squatted on road at around 3 pm.

The daily wage earners, who reside on rent in slums in in the nearby Patel Nagri locality, were demanding arrangement of transport facilities so that they can go back to their native towns and villages.

They originally hail from states like West Bengal and Uttar Pradesh.

Thousands of migrants gather at Mumbai's #Bandra railway station and protested. All are migrant workers, specially from Bihar-Bangal and they wanted to go home. They had hoped trains will start today. The police is investigating the matter and says crowd has been dispersed now. pic.twitter.com/NMHfv0CEpj

— Shivangi Thakur (@thakur_shivangi) April 14, 2020

One of the labourers, who did not reveal his name, said, NGOs and local residents are providing food to migrant workers, but they want to go back to their native states during the lockdown which has badly affected their source of livelihood.

"Now, we dont want food, we want to go back to our native place, we are not happy with the announcement (extending the lockdown)," he said, looking dejected.

Asadullah Sheikh, who hails from from Malda in West Bengal, said, We have already spent our savings during the first phase of the lockdown. We have nothing to eat now, we just want to go back at our native place, the government should made arrangements for us.

This happened in bandra just minutes back ! This can be potentially dangerous. Mumbai anyways is a hotspot ! What is the @MumbaiPolice and @OfficeofUT doing ???? Did @uddhavthackeray not provide food and shelter to such migrants ? #mumbai #UddhavThackeray #Lockdown2 pic.twitter.com/AeSuqbwhyN

— Megha Prasad (@MeghaSPrasad) April 14, 2020

Another labourer, Abdul Kayyun, said I am in Mumbai for last many years but have never seen such a situation. The government should start trains to shift us from here to our native place."

Heavy police deployment was made at the protest site to tackle any untoward incident.

Personnel from other police stations were called at the spot to maintain order, the official addd.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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