BJP will definitely not come to power in 2019: Naidu

Agencies
May 27, 2018

Vijayawada, May 27: Andhra Pradesh Chief Minister Chandrababu Naidu on Sunday attacked Prime Minister Narendra Modi, saying he is a "campaign PM who has failed to deliver on promises" and said the BJP would "definitely not come to power in 2019".

Inaugurating Mahanadu, the TDP's annual conclave here, he said the Telugu Desam Party played a key role in forming governments in the past and had the power to change the political narrative in the country, hinting that it would tie-up with like-minded parties to stop the BJP's juggernaut in 2019.

"The Congress is in the opposition. It cannot do much. But the BJP will definitely not come to power in 2019," he said.

Naidu said the BJP coming to power in 2019 was a "distant dream" and Prime Minister Narendra was a "campaign PM, who gives slogans only, and has failed to deliver on promises".

The party president said the TDP was key in forming the United Front government in 1996.

"The TDP has in the past played a key role in forming governments. It has the power to change the political narrative in the country. We won't step back," Naidu said.

He said the TDP withdrew support from the NDA government as the Centre had reneged on its promise to grant Andhra Pradesh Special Category status and to implement the AP Reorganisation Act.

Naidu accused the BJP of betraying the people of Andhra Pradesh and trying to create law and order problems in the state in collusion with the YSRCP.

During Mahanadu, the TDP would adopt resolutions against the economic decisions taken by the Centre "without proper thinking, their improper implementation, failure of the Goods and Services Tax and demonetisation, and about people losing faith in the banking system" Srinivasa Rao, the officer on special duty to the chief minister, had said earlier.

The party would pass a resolution against the Centre's "non-cooperation and non-fulfilment" of assurances made in the Rajya Sabha regarding the special category status and the provisions of the Andhra Pradesh Reorganisation Act, he had said.

At the conclave, detailed discussions would be held on the Centre's "betrayal and conspiracy politics".

Andhra Pradesh has been seeking special category status on the grounds that it is at a disadvantage, especially because of the loss of capital Hyderabad to Telangana.

When erstwhile Andhra Pradesh was being bifurcated in 2014, then prime minister Manmohan Singh, during a discussion on the AP Reorganisation Bill, had said, "Special category status will be extended to the successor state of Andhra Pradesh for a period of five years". 

But the BJP, which came to power at the Centre a few months later, has been saying that the 14th Finance Commission does not provide for such treatment to Andhra Pradesh.

The TDP had in March withdrawn support from the NDA government over the Centre's refusal to grant special category status to the state.

Naidu and his party have in the past accused Prime Minister Narendra Modi of reneging on his election promise made in 2014 to accord special category status to Andhra Pradesh.

Naidu had earlier said that after the state's bifurcation, it was given a "raw deal".

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 - 
Sunday, 27 May 2018

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March 27,2020

Mumbai, Mar 27: The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.

The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also, it reduced the cash reserve ratio maintained by the banks for the first time in over seven years. CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system.

The reverse repo rate was cut by 90 bps to 4 per cent, creating an asymmetrical corridor.

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune.

It all depends how India responds to the situation, he said.

Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.

Aggregate demand may weaken and ease core inflation further, he noted.

The liquidity measures announced include auction of targeted long-term repo operation of 3 year tenor for total amount of Rs 1 lakh crore at floating rate and accommodation under Marginal Standing Facility to be increased from 2 per cent to 3 per cent of Statutory Liquidity Ratio (SLR) with immediate effect till June 30.

Combined, these three measures will make available a total Rs 3,74,000 crore to the country's financial system.

After cutting policy rates five times in 2019, the RBI had been on a pause since December in view of high inflation.

The measures announced come a day after the government unveiled a Rs 1.7 lakh crore package of free foodgrains and cash doles to the poor to deal with the economic impact of the unprecedented 21-day nationwide lockdown.

While the Monetary Policy Committee (MPC) of the RBI originally was slated to meet in the first week of April, it was advanced by a week to meet the challenge of coronavirus.

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News Network
July 11,2020

New Delhi, Jul 11: India's COVID-19 case count crossed the eight lakh-mark on Saturday with yet another highest single-day spike of 27,114 new cases in the last 24 hours.

As many as 519 deaths were reported during this period.

The total number of positive cases in the country stands at 8,20,916, including 2,83,407 active cases, 5,15,386 cured/discharged/migrated and 22,123 deaths, according to the Ministry of Health and Family Welfare.

With as many as 2,38,461 COVID-19 cases, Maharashtra continues to remain the worst-affected state, followed by Tamil Nadu (1,30,261) and Delhi (1,09,140).

Meanwhile, 1,13,07,002 samples have been tested for COVID-19 till July 10. Out of these 2,82,511 samples were tested yesterday, according to the Indian Council of Medical Research (ICMR).

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August 8,2020

Kozhikode, Aug 8: A tailwind or crosswind could be the reason for the Air India Express flight mishap at Kozhikode international airport in Kerala, according to some aviation experts. 

Team of DGCA and AIE already reached the spot. With the death of the captain and co-pilot in the mishap, the investigation would be focusing mainly on the voice recorders and other technical aspects.

It is learnt that the ill-fated aircraft, IX 1344 with 190 onboard including crew, was initially planning to land on runway-28 of the airport. But later the pilot opted runway-10 which is toward the other direction. Pilots would be taking the decisions on the basis of inputs from ATC.

The questions now doing the rounds are what made the pilot opt runway-10 and whether the tabletop runway lacked adequate safety parameters.

An aviation expert, who didn't want to be quoted, said that Capt Deepak Sathe, who was commandeering the aircraft, was a well-experienced pilot and was also familiar with the terrains. Hence the chances of any error from his part was very unlikely. Hence a fair in-depth probe was required to find the exact cause.

Though the Kozhikode airport has an Instrument Landing System, it was of category-I for which pilot's visibility is very crucial toward a touchdown. Since it is a tabletop airport and rough weather prevailing in the region, the chances of tailwind was also high, said sources.

There had been safety concerns about the airport over quite some time. In 2011 aviation safety consultant captain Mohan Ranganathan reportedly gave a report citing the safety issues, especially the buffer zones at the end of the runway.

However, an AAI officer said that rectification steps were already done by last year by widening the Runway End Safety Area (RESA) from 90 metre to 240 metre. However, the length of the runway had to be reduced to 2,700 metre from 2,850. The AAI was also constantly pressing for increasing the runway length to 3,150 metres. But that was getting delayed due to land acquisition issues pending with the state government.

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