BJP to discuss probability of parting ways with ally Sena

October 14, 2015

Mumbai, Oct 14: Amidst signs of growing fissures between the two allies in Maharashtra, the BJP-led state government will discuss the "probability of snapping ties" with the Shiv Sena after it asked BJP to opt out of coalition government if they have any problems with their ally.

BJP flags AFP2

The "probability of snapping ties" with the Shiv Sena would be discussed in a joint meeting of BJP ministers and party functionaries tomorrow, a top BJP leader has said.

According to the party functionary, BJP wants the Shiv Sena to "quit" from power. On the contrary another senior BJP leader has said that Sena would not "dare" to take the extreme decision.

Meanwhile, a Shiv Sena leader here termed the idea of quitting as "rumours" and said it will continue to be in power.

The official agenda of the October 15 meet is the Devendra Fadnavis government's one year in power, its achievements and ways of celebrating it.

"Five major achievements from each portfolio will also be finalised in the meeting. There are other issues to be discussed as well," BJP spokesperson Madhav Bhandari said, even as he denied any discussion on the Uddhav Thackeray-led party in tomorrow's meeting.

Another party leader who will be part of the October 15 meeting, claimed that the BJP feels "suffocated" with the Sena's behaviour towards it.

"Though Sena is a part of the BJP government, both at Centre and in the state, it has not wasted even a single opportunity to criticise Prime Minister Narendra Modi, party president Amit Shah and the BJP," the leader said, requesting anonymity.

He further claimed that in the last few days, Sena has tried to "blackmail" the state government over Pakistan singer Ghulam Ali and former Foreign Minister of Pakistan Khurshid Kasuri (over their engagements in the city).

According to the leader, there is a "strong mindset" against the Sena within the ruling party.

In a closed-door discussion between BJP leaders and ministers held recently, "parting ways" with Sena was deliberated for the sake of development of the state, he said.

"We have 123 legislators, 7 independents are with BJP, we will need 15 more legislators to prove our majority if Sena quits from the government," he said.

"Once the Sena quits, at least 17 to 18 Sena legislators will join BJP," he added.
However, senior leader and state Education Minister Vinod Tawde has rejected the possibility of Sena quitting power, and asserted that the coalition government will complete its five-year tenure.

"Nobody wants to contest elections once again before completing their tenure. BJP and Sena will complete its five year tenure and nothing can affect the stability of the government," he said.

Ramdas Kadam, a Sena's minister, dismissed the idea of the party quitting the government as "mere rumours".

"Don't believe in rumours or messages on social media which says that Sena will quit from the government. We will continue to be in power," he said.

Meanwhile, last evening, even as party MP Sanjay Raut was BUSY taking barbs at the BJP and asking it to "opt-out" from the government, Sena minister Deepak Sawant took a review of the Health Department with Fadnavis.

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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News Network
July 23,2020

New Delhi, Jul 23: With the highest single-day spike of 45,720 cases, India's coronavirus count crossed 12 lakh mark on Thursday.

The Union Ministry of Health and Family Welfare informed that 1,129 deaths were recorded in the last 24 hours.

The total number of coronavirus cases stand at 12,38,635 including 4,26,167 active cases, 7,82,606 cured/discharged/migrated. The cumulative toll has reached 29,861 deaths.

Maharashtra has reported 3,37,607 cases, highest in the country followed by Tamil Nadu with 1,86,492 cases. Delhi coronavirus count has reached 1,26,323 cases.

According to the Indian Council of Medical Research (ICMR), 1,50,75,369 samples were tested till July 22 out of which 3,50,823 samples were tested yesterday.

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Agencies
July 21,2020

New Delhi, Jul 21: The Supreme Court has asked the Ministry of Finance to look into a plea which claimed a loss of hundreds of crore every day, as the public sector banks are not invoking personal guarantees of big corporates who have defaulted on loans.

A bench comprising Justice R. F. Nariman and Navin Sinha asked the petitioners, Saurabh Jain and Rahul Sharma, who filed the PIL, to move the Finance Ministry with a representation within two weeks. The top court observed that the issue is important and the ministry should respond after the petitioner has made the representation before it. The matter had come up for hearing on Monday.

"We are of the view that at page 115 of the Writ Petition it has been made clear that the Ministry of Finance itself has, by a Circular, directed personal guarantees issued by promoters/managerial personnel to be invoked. According to the petitioners, despite this Circular, Public Sector Undertakings continue not to invoke such guarantees resulting in huge loss not only to the public exchequer but also to the common man", said the bench in its order.

Senior advocate Manan Mishra and advocate Durga Dutt, represented the petitioners.

Mishra contended before the bench that the statistics establish the public sector banks incurred a loss of approximately Rs 1.85 lakh crore in a financial year, and the banks did not take action to invoke personal guarantees of the biggest corporate defaulters.

The bench observed that since the petitioners claim the public sector undertakings are not complying with this circular, "We think you should first go to the ministry," said the bench.

Mishra argued before the bench that the loans from a common man are recovered through a mechanism where officials go through even the minutest detail, but promoters, chairpersons and other senior level functionaries of the big corporates find it convenient to get away by defaulting on loans.

The bench told the petitioner's counsel that the Finance Ministry has already issued a notification on this matter, and the petitioners should seek response from the ministry, and then move the top court. Mishra submitted before the bench to issue a direction to the Finance Ministry to give a response on their representation.

The bench said, "We allow the petitioners, at this stage, to withdraw this Writ Petition and approach the Ministry of Finance with a representation in this behalf. The representation will be made within a period of two weeks from today. The Ministry of Finance is directed to reply to the said representation within a period of four weeks after receiving such representation. With these observations, the petition is allowed to be withdrawn to do the needful."

Mishra contended before the bench seeking liberty to come back after a reply from the Finance Ministry. Justice Nariman said this option is open for petitioners after a decision has been taken by the ministry. "We will hear you", added Justice Nariman.

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