BJP agrees to maintain status quo on Article 370

March 2, 2015

Jammu, Mar 2: PDP chief Mufti Mohammad Sayeed called for peace Sunday after taking oath as chief minister of Jammu and Kashmir, heading a coalition that brought the BJP to power for the first time in India's only Muslim-majority state.

Sayeed sworn

Prime Minister Narendra Modi and BJP leaders Amit Shah and L.K. Advani were among the 1,400 guests who witnessed the ceremony, over two months after the PDP and the BJP won 28 and 25 seats respectively in a hung verdict that exposed deep divisions between the Muslim and Hindu areas.

After taking oath in English, Sayeed, 79, warmly hugged Modi and sat close to him on a flower-decked stage at the Jammu University's General Zorawar Singh auditorium to witness the entire ceremony.

Later, addressing the media, Sayeed said he had told Modi that peace was a must if Jammu and Kashmir had to prosper.

He said the Modi government must address the need for a dialogue between India and Pakistan, two countries which dispute the ownership of Jammu and Kashmir. Kashmiris, he said, must be involved in the process.

In an indication as to what he desired, Sayeed lavished praise on former prime minister and now ailing BJP leader Atal Bihari Vajpayee for starting a peace process with Pakistan in 2003 - when Sayeed was chief minister the first time.

And in comments that would not have pleased many BJP supporters, he credited Pakistan, the separatist Hurriyat group and militants for what he said was a peaceful ballot in November-December last year.

"The PDP-BJP government is a historic opportunity to fulfil the aspirations of the people of Jammu and Kashmir and take the state to new heights of progress," Modi tweeted.

The National Conference and the Congress stayed away from the oath-taking ceremony.

National Conference leader Omar Abdullah took a dig at BJP ministers for taking oath to uphold the Jammu and Kashmir constitution - the only Indian state to have its own constitution and a flag.

Son of a religious preacher from the Kashmir Valley, Sayeed will head the government of his Peoples Democratic Party and the Bharatiya Janata Party, and will be the chief minister for all of six years.

BJP leader Nirmal Singh will be the deputy chief minister. He said the two parties would provide a stable government.

Former separatist leader Sajjad Gani Lone took oath as a BJP ally, and then warmly hugged Modi and Sayeed, triggering thunderous applause.

Inclusive of Sayeed, the PDP will have 11 cabinet berths and the BJP six, Lone included. The PDP and BJP have three and five junior ministers respectively. Two of the junior ministers are women: Priya Sethi (BJP) and Asiya Naqash (PDP).

The PDP cabinet ministers are Abdul Rehman Bhat Veeri, Javaid Mustafa Mir, Abdul Haq Khan, Syed Basharat Bukhari, Chowdhary Zulfiqar Ali, Haseeb Drabu, Ghulam Nabi Lone Hanjura, Altaf Bukhari, Imran Raza Ansari and Naeem Akhtar.

The BJP's cabinet members are Nirmal Singh, Chander Prakash, Choudhary Lal Singh, Bali Baghat, Sukhnandan Kumar and Lone (Peoples Conference).

The junior ministers are Chering Dorjay, Sunil Kumar Sharma, Abdul Ghani Kohli, Priya Sethi and Pawan Gupta (all BJP) and Abdul Majeed Paddar, Muhammad Ashraf Mir and Asiya Naqash (all PDP).

In the evening, the PDP and the BJP released a common minimum programme (CMP), promising to transform Jammu and Kashmir as "the most ethical state ... from the present day position of being the most corrupt state".

The CMP promised "genuine autonomy of institutions of probity", and "a sustained and meaningful dialogue" for peace with "all internal stakeholders ... irrespective of ideological views and predilections".

It revealed the continuing difference of opinion between the two parties on the controversial Armed Forces Special Powers Act, which gives sweeping powers to armed forces in the state. The PDP wants it to go.

This is the second time Sayeed heads a coalition government in Kashmir. He took power in 2002, heading a PDP-Congress alliance, for three years.

The Kashmir verdict brought about a clear divide between the Muslim-majority Kashmir Valley and the Hindu-dominated Jammu region, with the PDP winning almost all its seats in the valley and the BJP sweeping Jammu.

This is the first time the BJP is tasting power in Jammu and Kashmir, where a separatist campaign which has raged since 1989 has left thousands dead.

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News Network
August 6,2020

New Delhi Aug 6: In a new twist in the Vijay Mallya case, a certain document connected with the case in the Supreme Court has gone missing from the apex court files. 

A bench comprising Justices U.U. Lalit and Ashok Bhushan adjourned the hearing to August 20.

It was hearing the review plea filed by Mallya against a July 14, 2017 judgment wherein he was found guilty of contempt for not paying Rs 9,000 crore dues to banks despite repeated directions, although he had transferred $40 million to his children.

The bench was looking for a reply on an intervention application, which it seemed has gone missing from the case papers.Parties involved in the case sought more time to file fresh copies.

On June 19, the Supreme Court sought explanation from its registry regarding Mallya's appeal against the May 2017 conviction in the contempt case for not repaying Rs 9,000 crore dues to banks not listed for the last 3 years.

A bench comprising Justices Lalit and Bhushan had asked the Registry to furnish all the details including names of the officials who had dealt with the file concerning the Review Petition for last three years.

The bench said according to the record, placed before it, the review petition was not listed before the court for last three years. "Before we deal with the submissions raised in the Review Petition, we direct the Registry to explain why the Review Petition was not listed before the concerned Court for last three years," said the bench.In May 2017, the apex court held him guilty of contempt of court for transferring $40 million to his children, and ordered him to appear on July 10 to argue on the quantum of punishment.

The bench said let the explanation be furnished within two weeks. "The Review Petition shall, thereafter, be considered on merits," it added.In 2017, the apex court passed the order on a contempt petition against Mallya by a consortium of banks led by the SBI. 

The banks claimed Mallya transferred $40 million from Daigeo to his children's accounts, and did not use this money to clear his debt. Banks cited this as violation of judicial orders.

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News Network
April 6,2020

New Delhi, April 6: Prime Minister Narendra Modi on Monday said that people from every section of the society and age group demonstrated unity on Sunday by responding to the Prime Minister '9 pm-9minute' appeal and strengthened the resolve to the fight against COVID-19.

"We experienced yesterday at 9 pm, the strength of togetherness of 130 crores people of our country," said PM Modi.

He further praised the citizens of the country for their support to the lockdown imposed across India in the wake of coronavirus threat.

"The maturity shown by the people during the lockdown, in a large country like India, is unprecedented. No one could have imagined that the people will abide by this with such obedience and sense of service," said Prime Minister Modi.

"I state it with full responsibility that this is a long war against coronavirus pandemic. But we do not have to get tired or take a rest in this war. We have to emerge victoriously. Today, the country has only one goal and one resolve - to win this war," he added.

The Prime Minister continued saying, that the government has developed an Aarogya Setu app through which one can get information regarding the infected cases around them.

"I request all of you to tell people about it, everyone should make sure that at least 40 others install it. They will get info through it about possibly infected cases around them. In these tough times, we have to ensure this," he added.

The Prime Minister also advised everyone to take necessary preventive measures and stay protected by adopting the mantra of social distancing.

"Always remember, whenever you go out your face should be covered, I say you should keep your face covered even at your homes. The mantra today for the whole world is social distancing and discipline," he added.

Prime Minister Modi addressed the BJP workers and the nation on the occasion of the Bharatiya Janata Party's (BJP) 40th Foundation Day.

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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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