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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ahmed ali k
 - 
Sunday, 27 May 2018

We will come to power again in 2019 

We have EVM

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News Network
February 28,2020

New Delhi, Feb 28: The months of March, April and May are "likely to be warmer than normal" over northwest, west, central and parts of south India, the India Meteorological Department said today in its summer forecast.

Above normal heat wave conditions are also likely in the core heat wave (HW) zone during the season (March-May), the weather department said.

The core heat wave zone covers the states of Punjab, Himachal Pradesh, Delhi, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh Gujarat, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, West Bengal, Odisha and Telangana and parts of Maharashtra and coastal Andhra Pradesh.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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News Network
January 31,2020

Jan 31: Twenty-three children aged between six months and 15 years, who had been taken hostage by a murder accused after inviting them to his daughter's birthday party, were rescued late on Thursday night after police killed their captor in a village here.

The hostage drama began at Kasaria village in the afternoon and continued for about eight hours.

"The accused was killed and there were about 23 children who were rescued safely," Additional Chief Secretary (Home) Awanish Awasthi told reporters at a hurriedly called press conference at 1.20 am.

"The accused had invited the children for the birthday party of his daughter and held them hostage. It started about 5.45 pm on January 30 and continued for about eight hours," Director General of Police (DGP) O P Singh said, adding that in the entire operation they had tried to "engage" the accused and were successful.

He said the accused, identified as Subhash Batham, had initially released a six-month-old girl by handing her over to his neighbour from a balcony.

Eyewitnesses said a restive crowd gathered outside the house where the children were kept with some women wailing and praying for their safe release.

The crowd broke open the door of the house to rescue the children, they said.

As the accused opened fire, the police retaliated killing him on the spot.

In the exchange of fire, the captor's wife was injured, but none of the children suffered any injury.

A man and two policemen also suffered bullet injuries.

The motive of the accused was not known immediately.

Chief Minister Yogi Adityanath monitored the situation in Farrukhabad, which is nearly 200 km from state capital Lucknow.

"The CM as soon as he got to know about the incident called a meeting of the crisis management group and personally monitored the situation and ensured children are rescued safely," Awasthi said.

Earlier, a team of NSG (National Security Guard) commandos had taken a special aircraft to reach Farukhabad, a senior security official in Delhi said.

Police said Batham, a murder accused, seemed to be mentally unstable.

Inspector-General of Police, Kanpur Range, Mohit Agarwal, said, "The man called the children for a birthday party and held them hostage in the basement of the house. He fired six shots from inside the building."

Batham initially wanted to talk to the local MLA, but refused to speak to the leader when he arrived, Agarwal said.

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