Andhra CM Kiran Reddy resigns over creation of Telangana

February 19, 2014

Reddy_resignsNew Delhi, Feb 19: Andhra Pradesh chief minister N Kiran Kumar Reddy on Wednesday submitted his resignation to governor ESL Narasimhan to protest the UPA government's decision to bifurcate the state and create Telanagna, India's 29th state.

Telangana was created on Tuesday after the bill was passed in Lok Sabha with the BJP coming in support of the UPA to clear the Andhra Pradesh State Re-organisation Bill amid din.

"I'm resigning for failing to fulfil my duties," said Reddy at a press conference in Hyderabad.

His close aide and state social welfare minister Pitani Satyanarayana on Tuesday had confirmed that Reddy will not relent.

Andhra Congress sources said the chief minister's office had on Tuesday made phone calls to several party leaders, informing them about Reddy's decision.

HT was the first to report on February 16 that Reddy has made up his mind to step down from the post.

"The game is not over till the last ball is bowled" had been Reddy's refrain till now but the passage of the Telangana bill appears to have sealed his fate.

The names of state cabinet ministers Kanna Lakshmi Narayana, Ramanarayana Reddy and Raghuveera Reddy are doing rounds as his possible successor.

The buzz in political circles is that Reddy might either form his own political party or join Samaikyandhra Party, but state Congress leaders pointed out that the chief minister has now developed cold feet.

Apparently, a section is of the view that the proposed new party would have no desired impact as Reddy "took really long time" to step down and did not stall the bifurcation.

Half a dozen ministers and several legislators who had rallied behind Reddy were feeling let down by the CM.

"He played a big game with us," said a minister.

Ministers Erasu Prathap Reddy, Ghanta Srinivasa Rao and TG Venkatesh resigned on Tuesday, while others, including Dokka Manikya Prasada Rao and Kondru Murali declared that they were loyal Congress soldiers.

"The CM is only capable of addressing press conferences, not forming a party," said Rao, a minister from Seemandhra.

The Congress leadership had recently issued a stern warning to Reddy to "fall in line" or "face consequences" if he continued to create problems for the party on Telangana.

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News Network
February 19,2020

New Delhi, Feb 19: Delhi Chief Minister Arvind Kejriwal met Union Home Minister Amit Shah on Wednesday, their first meeting after the assembly polls in the national capital.

The meeting went on for over 20 minutes at Shah's residence. The meeting was earlier scheduled at the Home Ministry.

"Met Hon'ble Home Minister Sh Amit Shah ji. Had a very good and fruitful meeting. Discussed several issues related to Delhi. Both of us agreed that we will work together for development of Delhi," Kejriwal tweeted.

Shah had led the BJP offensive against Kejriwal in the Delhi Assembly polls in which AAP trounced the saffron party, bagging 62 of the 70 seats.

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News Network
June 23,2020

New Delhi, Jun 23: The meeting between Indian Army's 14 Corps Commander Lt Gen Harinder Singh and his Chinese counterpart got over after around 11 hours, sources said.

"Today's meeting between the Corps Commander-level officers of India and China is over. The meeting which started at 11:30 am went on for around 11 hours. More details awaited," sources said.

The meeting started at around 11:30 am at Moldo on the Chinese side of Line of Actual Control (LAC) opposite Chushul to defuse the tensions in Eastern Ladakh sector due to Chinese military build-up, the sources said.

This is the second meeting between the two corps commanders. They had met on June 6 and had agreed to disengage at multiple locations. India had asked the Chinese side to go back to pre-May 4 military positions along the LAC.

The Chinese side had not given any response to the Indian proposal and not even shown intent on the ground to withdraw troops from rear positions where they have amassed over 10,000 troops.

India is also likely to discuss the change in rules of engagement on the LAC where the forces have been empowered to use firearms in extraordinary circumstances, sources had said.

They said India will also ask China to honour the commitment given during June 6 talks to disengage in the Galwan valley completely and other places.

The build-up of Chinese air assets including strategic bombers by the PLA Air Force in fields near Indian territory close to Ladakh is also likely to figure in discussions.

India and China have been involved in talks to ease the ongoing border tensions since last month.

However, last week as many as 20 Indian soldiers lost their lives in the face-off in the Galwan Valley after an attempt by the Chinese troops to unilaterally change the status quo during the de-escalation in eastern Ladakh.

The Indian intercepts have revealed that the Chinese side suffered 43 casualties including dead and seriously injured in the violent clash.

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Agencies
May 28,2020

Kochi, May 28: In these pandemic times, when the businesses are gravely affected and the MSMEs are particularly feeling the heat, a Kerala institute has come up with an initiative to help the distressed industry. The Institute of Small Enterprises and Development (ISED) has come out with a unique platform -- 'business clinic' for extending advisory services to the COVID-19 affected MSMEs in the state.

The Kochi based ISED's multi-disciplinary team of experts will offer free guidance to entrepreneurs to make a self-evaluation for improving their performance.

It will serve the interests of the MSMEs, entrepreneurial aspirants, such as the returning migrants, start-ups, educated unemployed, and women entrepreneurs.

ISED director, PM Mathew said COVID-19 pandemic has shattered the budgets and operations of most SMEs, globally, as also in India.

"Post-lockdown, the operational problems are likely to get aggravated. Beyond the broad macro level projections and debates, it is now time to act at the grassroots level. Many entrepreneurs need appropriate clinical assessment, and moral and psychological support, said Mathew.

According to the work force participation data at the national level, Kerala is ranked 31 in terms of the number of self employed, and placed in second rank in relation to the size of casual labour.

The Kerala Enterprise Development Report, brought out by the ISED states while the number of the unregistered enterprises is sizeable, constituting 76.85 % of the total, the respective share of registered MSMEs is only 9.53 %.

The constraints to these enterprises today are, poor sales, large inventory, delayed payments, damage of stock, wage bill arrears, unreliable labour supplies, fund diversion due to exigencies, GST related problems, and NPA/poor credit score.

"For all businesses, unlike in a sporadic recession in the economy, the danger today is circular and cumulative. Both from the demand side, and the supply angle, there is a serious contraction of business activities, which essentially means a glut in the cash flow. Corporate businesses, obviously, will come out of the mess due to their relative advantages of high reserve funds, liberal credit offerings, and easier access to alternative sources of finance," said Mathew.

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