Amit Shah says Congress 'can't preserve democracy'

Agencies
July 14, 2018

Gandhinagar, Jul 14: In a sharp attack on the Congress and the Gandhi-Nehru family, BJP president Amit Shah said on Saturday that a party which "failed" in establishing internal democracy can never preserve India's democracy.

Before the BJP came to power under the leadership of Prime Minister Narendra Modi in 2014, India was lagging behind other countries in most key areas such as economic growth, agriculture and on social sector indicators, he said.

However in the past four years, things have improved considerably, Shah said, addressing the audience at 'Youth Parliament' organised in the Karnavati University here.

"Before 2014, a particular party remained in power for the maximum period after Independence. But the way these governments functioned, a large part of the population remained deprived of development.

"These people had a feeling that independence brought no benefit for them," he said, without taking the name of the Congress party.

He then highlighted the achievements of the BJP-led government at the Centre.

"After assuming office (in May 2014), the first task Modiji took up was to uplift 50 crore people. In these four years, he brought 30 crore citizens into the formal economy by opening their bank accounts. More than 4.5 crore women were given LPG connections, while 7.5 crore toilets were built during that period," Shah said.

Continuing his attack on the Congress, the BJP chief said though many people sacrificed their lives during the freedom struggle, attempts were made to give credit for Independence to one party or a particular family.

"The party which came to power immediately after Independence has abolished internal democracy in the party. It has become family-centric. A party which has failed to preserve its own internal democratic structure can never preserve the country's democracy," Shah said.

"If we want to preserve democracy in our country, we must establish internal democracy in politics. Since that did not happen in the past, our country could not achieve desired results post independence," the BJP chief said.

Shah said the Indian Space Research Organisation realised its full potential after the Modi government came to power. This was reflected in the ISRO sending a record number of satellites in space in one go in early 2017, he added.

"In the past, the ISRO used to launch one or two or a maximum 13 satellites at one go. But after Modiji came (to power), ISRO launched 104 satellites in one go, leaving the US behind.

"We did that with the same scientists and resources which were there in the past," Shah said.

Referring to the World Economic Forum meet in Davos earlier this year, he again targeted the Congress, saying previous prime ministers - most of them from the Congress party - were concerned about getting photos clicked with world leaders at the conclave.

"In the past, there existed no chance for Indian PMs to address the forum. But this time, despite the presence of many world leaders, Modiji got the privilege to inaugurate the meet and gave his speech in Hindi," he said.

Commenting on the surgical strikes across the LoC in Pakistan-occupied Kashmir, he said Modi's go-ahead to the armed forces for the 2016 raid put India in the league of nations such as the US and Israel, which are known to avenge the killing of their soldiers.

Shah urged the youth to join Modi's mission to build a New India by 2022.

The BJP leader said the New India will be a society free of casteism, poverty, community divisions, dynastic political system, corruption and politics of appeasement.

"Let's take a pledge to build a New India as envisaged by Modiji, who is the most charismatic and popular leader in the world. We all are lucky to have him at the helm of affairs in the country," Shah said.

Comments

Sharief Fairman
 - 
Sunday, 15 Jul 2018

BJP is openly declaring, INDIA is Hindu Rashtra,  No Democracy only Hindutva,   then how these stupid leaders talk about restoring democracy.

This is Hiprocracy on democracy. These people have no right to say on democracy where it is allergice for them.

God help us save our innocent citizens not falling prey into the dirty politics of these goonda party.

 

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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Agencies
May 12,2020

New Delhi, May 13: Prime Minister Narendra on Tuesday announced Rs 20 lakh crore special economic package for the country to be 'self-reliant' and deal with COVID-19.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore. This is 10 per cent of India's GDP," said Prime Minister Modi in his address to the nation. The Prime Minister said that humanity would not accept defeat from the coronavirus but the people have to stay safe and move forward.

"We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. It is unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward," he said.

Talking about the gravity of the virus, Modi said: "It has been four months the world is fighting COVID-19. More than 42 lakh people from different countries have been infected by COVID-19. More than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."

"Today when the entire world is in crisis, we will have to further firm our resolve," he added.

The Prime Minister on Monday held a video conference meeting with Chief Ministers of all states to discuss the road ahead in India's fight against COVID-19 and noted that he was of the firm view that measures needed during the third phase of lockdown will not be needed in the fourth phase.

Prime Minister Modi had said the need was to reduce the transmission rate of the disease and to increase public activity gradually while adhering to all the guidelines and efforts to be made towards achieving both these objectives.

The phase three of the lockdown is coming to an end on May 17.

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News Network
March 13,2020

Raipur, Mar 13: Calling Jyotiraditya Scindia a "power-hungry" leader, Chhattisgarh Minister and Congress leader TS Singh Deo on Friday said that if someone joins another party to occupy the top position of the state that he should never become a Chief Minister.

When enquired if Deo has any plans to join the BJP in the future, he quickly said that he would never be able to relate himself with the "ideology" of the party.

"People may make claims but I will never join BJP, even if I get 100 lives I will never associate with that ideology. A person who joins BJP for not being able to become Chief Minister should never become a Chief Minister," he said while speaking to media in Raipur.

"A single person does not remain as captain forever, Kapil Dev got his chance when Gavaskar was there. Currently, Virat Kohli is the captain but in T20 there are different captains. Will Kohli join Pakistan's team if he is not made the captain? This is beyond understanding."

On Wednesday, Scindia joined BJP in New Delhi in the presence of party President JP Nadda. He had resigned from Congress a day earlier after meeting Union Home Minister Amit Shah and Prime Minister Narendra Modi.

He will file his nomination for the Rajya Sabha elections on March 13.

Comments

Indian
 - 
Friday, 13 Mar 2020

May it be Scindia or some other, misusing power cheating with citizens mandate for their self benifit  "very soon the fare and best judgement from the creator will be their very soon.  No one is greatro than the creator.

 

 

For citizens well fare creator is opinion and protect always there. Hope MP people always with faith on creator.

 

 

Jai Hind !

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