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BJP's Assam Lawmaker To Announce New Party After Ticket Denial

Agencies
March 24, 2019

Guwahati, Mar 24: Sitting BJP lawmaker from Assam's Tezpur, Ram Prasad Sarmah, who has been dropped for the 2019 polls, on Saturday said that he will float a new party which will bring in all the old and "neglected" BJP leaders.

The BJP has replaced Mr Sarmah with state minister Pallab Lochan Das.

In a address to the media, Mr Sarmah said that he is not a "chowkidar" but an employee of the people. "There is no value and place for old leaders of the party in Assam. All the neglected leaders will be brought together in the new party," he said.

The lawmaker had resigned from the party after the state leadership and election committee did not include his name in the panel sent to the BJP's Parliamentary Board to consider for the forthcoming polls. Also announcing his resignation on Facebook, Mr Sarmah had blamed "some intruders" for the neglect of the BJP's old guard.

Mr Sarmah, however, did not mention if the proposed new party will be floated immediately or after the elections are over.

A senior BJP leader and RSS member, Mr Sarmah had been working for strengthening the two organisations in Assam for a long time.

While there was a strong anti-incumbency factor against him in the constituency, he also got entangled in some controversies, including the multi-crore cash for job scam that also landed one of his daughters in jail.

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News Network
May 9,2020

Thrissur, May 9: Five people were arrested for allegedly conducting congregational prayers at a mosque here in violationofthe COVID-19 lockdown norms.

A case was registered against five people for conducting evening prayers on Friday, police said.

We received information that prayers were being conducted in the mosque, they said adding they were held at Eriyad Masjidul Bilal mosque here.

On Friday, four people, including the president of a local temple trust, were arrested for allegedly conducting a religious recitation in a temple here in violation of lockdown restrictions.

Though lockdown conditions have been eased in accordance with the Centre's guidelines, public gatherings, including functions, weddings, political events and religious gatherings were not allowed.

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News Network
June 24,2020

New Delhi, Jun 24: Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.

"Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI); RBI's powers as they apply to scheduled banks will apply for cooperative banks as well," Javadekar said at a press conference, through video conferencing.

"The decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe," he added.

The Minister of Information and Broadcasting further said that the Union Cabinet has approved a scheme "for interest subvention of 2 per cent to Shishu loan category borrowers under Pradhan Mantri Mudra Yojana, outstanding as on March 31, 2020, for one year to eligible borrowers."

The Minister also said that the Union Cabinet has approved the declaration of Kushinagar Airport in Uttar Pradesh as an international airport.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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