Anti-CAA protests continue across India as death toll rises to 24

Agencies
December 22, 2019

New Delhi, Dec 22: Thousands of people joined fresh rallies against a contentious citizenship law in the country on Saturday, with 24 killed so far in nearly two weeks of widespread unrest.

The death toll jumped one day after demonstrations turned violent on Friday in India's most populous state, Uttar Pradesh, where at least 15 people were killed including an eight-year-old boy who was trampled to death.

One protester died Saturday after clashes in Rampur, also in Uttar Pradesh, as police armed with batons used tear gas against a stone-pelting crowd, police told AFP.

Anger has been growing over the law, approved by parliament on December 11, which gives religious minority members from three neighbouring countries an easier path to citizenship -- but not if they are Muslim.

Critics say the law discriminates against Muslims and is part of Prime Minister Narendra Modi's Hindu-nationalist agenda, a claim his political party denies.

Authorities have imposed emergency laws, blocked internet access, and shut down shops in sensitive areas across the country in an attempt to contain the unrest.

More than 7,000 people have either been detained under emergency laws or arrested for rioting, according to several state police officials.

Uttar Pradesh police said they have arrested 705 people involved in the protests.

The arrests, however, have done nothing to stop the spread of demonstrations across the country.

Protests were held Saturday in numerous states, including in the cities of Chennai, Delhi, Gurgaon, Kolkata and Guwahati.

As day broke in the capital New Delhi, demonstrators held up their mobile phones as torches outside India's biggest mosque Jama Masjid in a show of dissent.

In Patna, in the eastern state of Bihar, three demonstrators suffered gunshot wounds and six others were wounded in a stone-throwing clash with counter-protesters, police said.

At an all-women protest in Guwahati, in the northeastern state of Assam -- where the wave of protests started amid fears the immigrants would dilute their local cultures -- participants said it was time to speak up.

"We came out to fight for our motherland, we came to fight without any arms and ammunition, we will fight peacefully," Lily Dutta told AFP.

Since being re-elected this year Modi and his Bharatiya Janata Party have stripped Muslim-majority Kashmir of its autonomy and carried out a register of citizens in Assam, a state with a large Muslim population.

The BJP has said it wants to conduct the National Register of Citizens (NRC) nationwide, fuelling fears that Muslims -- a 200-million minority in India -- were being disenfranchised.

BJP's general secretary Bhupender Yadav told reporters Saturday that the party would "launch an awareness campaign" and hold 1,000 rallies to dispel "lies" about the law.

In Uttar Pradesh in northern India, where Muslims make up almost 20 percent of the state's population of 200 million, 15 people were killed in clashes with police, state police chief O.P. Singh said.

One person was killed on Thursday ahead of the Friday's deadly violence that left 14 dead. Another died on Saturday.

Earlier police spokesman Shirish Chandra told AFP 10 people died Friday after being shot.

A boy also died Friday in a "stampede-like situation" when 2,500 people including children joined a rally in the Hindu holy city of Varanasi, district police chief Prabhakar Chaudhary told AFP.

The unrest had already seen two deaths in the southern state of Karnataka and six in northeastern Assam state.

On Saturday police raised barricades along Delhi's Jantar Mantar, an avenue that in recent years has been a hotspot for protests.

It came after street battles broke out in the city late Friday when protesters throwing stones and chanting anti-Modi slogans clashed with baton-wielding police who deployed a water cannon to disperse the crowd.

An AFP reporter at the scene saw protesters, including children, being detained and beaten by police. More than 45 people were injured in the violence.

Scores of shoes and skull caps were left strewn on the nearly mile-long carriageway that connects the old city with central Delhi after the clashes.

Forty people were taken into custody, including at least eight under 18 years old, police told AFP Saturday, adding that most of them were released. Sixteen others, however, were arrested on charges of violence, the spokesman said.

Delhi's chief metropolitan magistrate late Friday ordered the release of everyone under the age of 18 who was detained.

On Saturday, distraught families and lawyers waited outside a police station in Old Delhi where nearly a dozen people were being held.

The leader of a prominent organisation in the Dalit community -- the lowest group in the Hindu caste system -- who joined the Delhi demonstrators was arrested Saturday, police said.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
May 9,2020

May 9: Union Home Minister Amit Shah has said the West Bengal government is not allowing trains with migrant workers to reach the state that may further create hardship for the labourers.

In a letter to West Bengal Chief Minister Mamata Banerjee, Shah said not allowing trains to reach West Bengal is "injustice" to the migrant workers from the state.

Referring to the 'Shramik Special' trains being run by the central government to facilitate transport of migrant workers from different parts of the country to various destinations, the home minister said in the letter that the Centre has facilitated more than two lakh migrants workers to reach home.

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.

"But we are not getting expected support from the West Bengal. The state government of West Bengal is not allowing the trains reaching to West Bengal. This is injustice with West Bengal migrant labourers. This will create further hardship for them," Shah wrote.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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