BJP will eliminate any remnants of corruption in its second term: Swamy

Agencies
April 9, 2018

New York, Apr 9: The BJP is "well set" to get a majority in the 2019 general elections and will eliminate any remnants of corruption in its second term, party leader Subramanian Swamy has said.

Swamy, who was in the city to address the 14th Annual India Business Conference at Columbia Business School hosted by the South Asia Business Association at the school, said in its second term in power the BJP will build a strong and "united" India.

"We are very well set to get a majority in 2019," Swamy told PTI here.

"We came to power for three reasons - Narendra Modi's reputation as a man of governance, the fight against corruption and persuading people, particularly Hindus to rise above their caste loyalties and vote for that party which will safeguard the interest of the Hindus, he said.

He said going into the 2019 national elections mode, the BJP will campaign on the promise to "eliminate whatever corruption we could not (eliminate) in the last five years".

"We want to build a strong and united India. We are not against the minorities, he said.

Addressing the conference, attended by students, academicians, entrepreneurs and executives, Swamy spoke at length about India's political and economic landscape.

He acknowledged that the BJP government's economic performance is still a long way off from the governance it had promised when it came to power in 2014, with demonetisation and the Goods and Services Tax (GST) further complicating the situation.

Swamy termed demonetisation as a "failure" and said the public, however, did not seem to mind it as it felt that by this move, the rich people were being brought to book.

On GST, he said, "we were totally unprepared for it. At the moment the GST is a nightmare, adding that the GST should not have been implemented before the 2019 elections.

At the moment, it (GST) is a nightmare. The lack of compliance is very very high. It is a failure, we have to admit that. There is definitely a feeling among businesses that there is tax terrorism and this needs to be corrected," he said.

Swamy, who has also called for abolishing Income Tax, said he is confident of the BJP coming back to power in 2019 and implementing more reforms that will put India on a 10 percent growth trajectory annually for the next 10 years, making it a major global economic power.

On the issue of multi-crore frauds at major banks, Swamy said this is due to the "collusion" of the politician with the businessmen.

"It is fundamentally a corruption issue. In my opinion, rather than catching the bank clerk and prosecuting him, we should concentrate on catching the people at the highest level and that will filter down to removing corruption, he said.

Swamy added that most of the corruption in the banks are clearly due to the "political patronage" and appointment system of banks' chairmen that are happening not only in the public sector but also in private sector banks.

Comments

angel of death
 - 
Tuesday, 10 Apr 2018

his daughter was married to MUSLIM, his hindu family generation ended LOL.

 

may be one day his grand child will ask who this scumbag you hate muslim with core.

 

Sur
 - 
Tuesday, 10 Apr 2018

LAUGH LOUDLY...HAHAHAHAHHAHAHAHAHAH

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Agencies
January 11,2020

New Delhi, Jan 11: Chief Minister of Kerala Pinarayi Vijayan on Saturday met JNU Students' Union (JNUSU) President Aishe Ghosh here at Kerala House on Saturday.

This meeting comes at the backdrop masked mob violence by miscreants who entered the university campus recently and attacked the students and professors with sticks and rods.

"I thank the Kerela government for standing by us and extending solidarity. Its fight Citizenship Amendment Act (CAA) shows how standing is standing for its secular ethos. Students Union takes the inspiration from this struggle," said Students' Union President in a statement after meeting Kerala CM.

She also thanked "the youth and comrades of Kerela" and quoted Pinarayi as saying, "go on we will take this fight ahead."

More than 30 students, including Ghosh, were taken to the AIIMS Trauma Centre.

The Delhi Police Crime Branch investigating the case of violence in JNU had identified and released photographs of nine suspects, including that of Aishe Ghosh.

Earlier on Monday, Kerala CM had said that the "Nazi-style attack" on the students and faculty is an appalling display of intolerance running amok.

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News Network
July 10,2020

London, Jul 10: India's Reliance will load its first cargo of Venezuelan crude in three months this week in exchange for diesel under a swap deal the parties say is permitted under the US sanctions regime on the Latin American country, according to a Reliance source and a shipping document from state oil firm PDVSA.

Washington has exempted some Venezuelan oil trade from sanctions when transactions are in exchange for fuel and food or to repay debts rather than for cash. But that trade slowed as the US tightened restrictions and refiners, shippers and insurers have been steering clear of Venezuela to avoid any risk they may fall foul of sanctions.

Washington aims to deprive Venezuelan socialist President Nicolas Maduro of his main source of revenue with the sanctions, which have driven Venezuelan oil exports to their lowest level since the 1940s.

Reliance gave the US State Department and the Office of Foreign Assets Control (OFAC) notice of the diesel swap and received word back that the policies that allowed the transaction were still in place, the Reliance source told Reuters.

Reliance has previously said that its supplies of fuel to PDVSA in exchange for crude were permitted under sanctions.

An oil tanker named Commodore would load the cargo of crude in Venezuela and ship it to India, the tanker's manager NGM Energy said.

"All details of the transaction and transportation were shared with US authorities, who confirmed that the U.S. policy authorizing such transactions remained in place," NGM Energy said in a statement to Reuters.

"The shipment is made in connection with the humanitarian exchange of oil for diesel fuel."

The Commodore is loading a 1.9-million barrel cargo of crude for Reliance at Venezuela's main oil port of Jose, according to an internal PDVSA cargo schedule seen by Reuters.

The Liberian-flagged Commodore was at the Jose Terminal on Thursday, ship tracking data on Refinitiv Eikon showed.

The US State Department, Treasury's enforcement arm OFAC, and PDVSA did not immediately respond to a request for comment.

Reliance has a swap deal to provide diesel to Venezuela in exchange for fuel but has not received a cargo of crude since April. Sources at Indian refiners told Reuters earlier this year they planned to wind down their purchases of Venezuelan oil to avoid any problems with supply due to sanctions.

Other long-time customers of PDVSA, including Italy's Eni and Spain's Repsol, have continued taking cargoes of Venezuelan crude this year under permission granted by the US Treasury Department to exchange the oil for diesel supply as part of debt repayment deals, according to sources from the companies.

NGM Energy also manages the Voyager I tanker, which the United States removed from its list of sanctioned vessels last week after NGM and the ship's owner Sanibel Shiptrade said they would increase measures to ensure vessels complied with international sanctions.

"Last month, NGM Energy SA adopted a firm policy of not allowing vessels under its commercial management to trade to Venezuela, or to carry Venezuelan petroleum cargoes, absent US government authorization," NGM said.

"NGM continues to stand by that pledge."

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News Network
June 22,2020

New Delhi, June 22: Former Prime Minister Manmohan Singh on Monday asked Prime Minister Narendra Modi to be “mindful of the implication of his words” as a controversy raged over his “no intrusion” remark about the violent face-off with Chinese troops in the Galwan Valley.

“The Prime Minister must always be mindful of the implications of his words and declarations on our Nation’s security as also strategic and territorial interests,” Singh said in a statement here as Chinese media welcomed Modi’s ‘no intrusion’  remarks contending that it may lead to a de-escalation of tensions between China and India.

Congress has been maintaining that Modi’s assertions at Friday’s all-party meeting that neither was there any intrusion nor was any Indian post captured ran counter to the statements made by the Indian Army and the External Affairs Ministry.

Singh said the prime minister cannot allow his words to be used by China as a vindication of its position and all organs of the government should work together to tackle this crisis and prevent it from escalating further.

“We remind the Government that disinformation is no substitute for diplomacy or decisive leadership. The truth cannot be suppressed by having pliant allies spout comforting but false statements,” the former prime minister said.

Singh said the prime minister and the government should rise to the occasion to ensure justice for Colonel B Santosh and the army jawans who made the supreme sacrifice and resolutely defended the nation’s territorial integrity.

“To do any less would be a historic betrayal of the people’s faith,” the former prime minister said.

“At this moment, we stand at historic crossroads. Our Government’s decisions and actions will have serious bearings on how the future generations perceive us,” Singh said.

Singh said China was brazenly and illegally seeking to claim parts of Indian territory such as the Galwan Valley and the Pangong Tso Lake by committing multiple incursions between April 2020 till date.  

“We cannot and will not be cowed down by threats and intimidation nor permit a compromise with our territorial integrity,” said Singh. 

The former prime minister said this was a moment where “we must stand together as a nation and be united in our response to this brazen threat.”

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