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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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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News Network
March 9,2020

New Delhi, Mar 9: A war of words broke out between the BJP and the Congress on Sunday over the Yes Bank crisis with the ruling party seeking to link it with the Gandhi family, while the opposition wondered if the prime minister and finance minister were "complicit" as the bank's loan book grew manifold.

Posting on Twitter a clip of a news channel report that Rana Kapoor, the arrested Yes Bank founder, had bought a painting from Congress leader Priyanka Gandhi Vadra, BJP's information and technology wing in-charge Amit Malviya alleged that every financial crime in India has "deep links" with the Gandhis.

The Congress dismissed the charge "fake" and called it a "diversionary" tactic.

It said Priyanka Gandhi had sold an M F Hussain painting of her father Rajiv Gandhi to Kapoor for Rs 2 crore, and the entire amount was disclosed in her income tax return of 2010.

Malviya tweeted, "Every financial crime in India has deep link with the Gandhis. Mallya used to send flight upgrade tickets to Sonia Gandhi. Had access to MMS (Manmohan Singh) and PC (P Chidambaram). Is absconding. Rahul inaugurated Nirav Modi’s bridal jewellery collection, he defaulted. Rana bought Priyanka Vadra’s paintings."

Congress' chief spokesperson Randeep Surjewala asked how does an M F Hussain painting of Rajiv Gandhi sold 10 years ago by Priyanka Gandhi to Yes Bank owner Rana Kapoor and disclosed in her tax returns connect with unprecedented giving of loans of Rs 2,00,000 crore in five years of the Modi government.

"More so, when (Kapoor's) proximity to BJP leaders is well known," he said.

Rubbishing the BJP's allegation, Congress spokesperson Abhishek Manu Singhvi at a press conference said it was a "diversionary" tactic by the government.

He noted that the bank's loan book rose from Rs 55,633 crore in March 2014, the year Narendra Modi became prime minister, to Rs 2,41,499 crore in March 2019.

"Why did the loan book rise by 100 per cent in two years after demonetisation i.e from Rs 98,210 cr in March 2016 to Rs 2,03,534 ar in March 2018? Were PM and FM sleeping, ignorant or complicit?" he asked.

The entire amount Priyanka Gandhi had received was in cheque and was fully disclosed in the income tax return, Singhvi said.

Surjewala, taking to Twitter, said instead of diverting from the real issue of people's money sinking into a bad bank, should not the government answer questions like how did loans given by Yes Bank rise from Rs 55,633 crore in March 2014 to Rs 2,41,499 crore in March 2019, an increase of almost Rs 2,00,000 crore in fiver years of the Modi government.

Why did the loans given by Yes Bank rise by a whopping 100 per cent in just two years after demonetisation, he asked.

Surjewala also questioned why did the prime minister address a conference sponsored by Yes Bank on March 6 despite the RBI moratorium.

"Why did the Haryana BJP government deposit over Rs 1,000 crore in Yes Bank a month ago, knowing that it was sinking? Is this figure Rs 3,000 cr? Did Fadnavis government in Maharashtra make similar deposits?" Surjewala asked.

"Of course, the government's media proxies won't dare to ask these questions. But the nation wants to know!" he said in a series of tweets.

Kapoor, 62, was arrested by the Enforcement Directorate in Mumbai after charges of alleged financial irregularities and mismanagement in the bank's operations surfaced and the RBI and Union government initiated action to control its affairs.

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News Network
January 10,2020

New Delhi, Jan 10: One woman reported a rape every 15 minutes on average in India in 2018, according to government data released on Thursday, underlining its dismal reputation as one of the worst places in the world to be female.

The highly publicised gang rape and murder of a woman in a bus in New Delhi in 2012 brought tens of thousands onto the streets across India and spurred demands for action from film stars and politicians, leading to harsher punishments and new fast-track courts. But the violence has continued unabated.

Women reported almost 34,000 rapes in 2018, barely changed from the year before. Just over 85% led to charges, and 27% to convictions, according to the annual crime report released by the Ministry of Home Affairs.

Women's rights groups say crimes against women are often taken less seriously, and investigated by police lacking insensitivity.

"The country is still run by men, one (female prime minister) Indira Gandhi is not going to change things. Most judges are still men," said Lalitha Kumaramangalam, former chief of the National Commission for Women.

"There are very few forensic labs in the country, and fast-track courts have very few judges," said Kumaramangalam, a member of Prime Minister Narendra Modi's Bharatiya Janata Party (BJP).

The rape of a teenager in 2017 by former BJP state legislator Kuldeep Singh Sengar gained national attention when the accuser tried to kill herself the following year, accusing the police of inaction.

Five months before Sengar was convicted last December, the accuser's family had to be provided with security after a truck crashed into the car she was in, injuring her and killing two of her relatives.

A 2015 study by the Centre for Law & Policy Research in Bengaluru found that fast-track courts were indeed quicker, but did not handle a high volume of cases.

And a study in 2016 by Partners for Law in Development in New Delhi found that they still took an average of 8.5 months per case - more than four times the recommended period.

The government statistics understate the number of rapes as it is still considered a taboo to report rape in some parts of India and because rapes that end in the murder are counted purely as murders.

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