BJP faced more adversities in independent India than Cong under British: Modi

August 18, 2016

New Delhi, Aug 18: BJP has faced more adversities in independent India as compared to what Congress would have during the British rule, Prime Minister Narendra Modi said today and lamented that every effort of his party was seen in "bad light".modi-7

Asserting that BJP has made more sacrifices than any other party, Modi, who laid the foundation stone of the new party headquarters here, said fissiparous forces have become more active as the country's strength has grown and it is now more imperative to ensure that the society is strengthened and becomes more harmonious.

Underlining his party's commitment to take everybody along with the motto of 'sabka saath, sabka vikaas', he asked party workers to present to the country and the democratic world an example of how a party "devoted to ideals and devoid of dynasty" functions as the world knows the saffron outfit "not the way it is but based on hearsay".
"BJP will be the only party which has faced adversities since its birth. It faced difficulties at every turn and its every effort was seen in bad light.

"Even during the British times, the Congress party would not have faced so much adversity that we, our dedicated workers have gone through in 50-60 years," he said at the event attended by top BJP leaders including party chief Amit Shah, L K Advani, Rajnath Singh and Arun Jaitley among others.

During the recent West Bengal assembly polls, it was difficult for the BJP candidates to even hire an office in Kolkata as anybody willing to given them space would face trouble, he said in an apparent attack on the ruling Trinamool Congress.

"No party has perhaps made more sacrifices than us (BJP) after freedom," he said, adding that "hundreds of" its workers were killed because they were not associated with the prevalent ideology of those times.

BJP workers do not work for crowd but for organisation as "anybody can collect a crowd by talking about populist issues but what is more important is to stick to ideology", he said.

In a lighter vain, he said election candidates of no other party would have forfeited more deposits than those of BJP as they kept fighting for their ideology irrespective of the results.

Modi used the occasion to congratulate grappler Sakshi Malik for bringing glory to the country by winning a bronze medal in the Rio Olympics.

Comments

SK
 - 
Thursday, 18 Aug 2016

Fekuji, you should thank Nehru for stopping Sardar Patel, for not banning GOONDA RSS organisation ...He was the right man to ban such goons... If that has happened, then India would have been a peaceful country ..... Naren are you reading the news of killing of BJP worker by your own goonda RSS....

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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Agencies
February 11,2020

New Delhi, Feb 11: Senior Delhi Congress leader and national spokesperson of the party Sharmishtha Mukherjee alleged delay in decision making and lack of strategy and unity at the state level for the party's humiliating performance reflected in the Assembly poll results on Tuesday.

Mukherjee, president of Delhi Mahila Congress, stated that it was high time that the party takes some action. She added that she too was responsible for the Congress' poor show.

The Congress is on the verge of drawing blank again in the Assembly polls as all its candidates were way far behind their AAP and BJP opponents on all the 70 seats. In the 2015 Assembly elections too, Congress failed to win any seat.

"We r again decimated in Delhi. Enuf of introspection, time 4 action now. Inordinate delay in decision making at the top, lack of strategy & unity at state level, demotivated workers, no grassroots connect-all r factors. Being part of d system, I too take my share of responsibility (sic)," Mukherjee tweeted as the results came out.

She also accused the BJP of playing divisive politics while crediting Delhi Chief Minister Arvind Kejriwal for playing "smart politics" as the results showed a clean sweep by the AAP to return to power.

"BJP playing divisive politics, Kejriwal playing ‘smart politics’ & what r we doing? Can we honestly say that we’ve done all 2 put our house in order? We r busy capturing Congress whereas other parties are capturing India. If we r 2 survive, time 2 come out of exalted echo chambers! (sic)," she said in another tweet.

The Congress contested the Delhi polls in alliance with the Rashtriya Janta Dal (RJD), fielding candidates on 66 seats and leaving four to its partner.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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