Can spot arsonists by their clothes; their actions prove that Citizenship Act is 1,000% correct: PM Modi

Agencies
December 15, 2019

Dumka, Dec 15: Accusing the Congress and its allies of fuelling violence over the amended Citizenship Act, Prime Minister Narendra Modi on Sunday said the opposition's actions prove that the decision to pass the bill was "1,000 per cent correct", and those indulging in arson "can be identified by their clothes".

"The Congress and its allies are stoking fire over the Citizenship Act, but people of northeast have rejected violence," he said during an election rally here.

"The country is watching; people's faith has been cemented in Modi after the Bill was cleared by Parliament. Their (Opposition) actions reflect that the decision to pass Citizenship (Amendment) Bill in Parliament is 1,000 per cent correct," the prime minister said.

Protests have been raging against the law in northeast and West Bengal, where several railway stations, trains and buses were set afire by mobs over the last two days.

"People who are setting fire (to property) can be seen on TV... They can be identified by the clothes they are wearing," he said without elaborating.

Condemning the overseas protests held by Congress, he said, "For the first time, the Congress did what Pakistanis has been doing for long."

A large number of people had gathered outside the Indian High Commission in London on Saturday to protest the amended Act and what they branded as Modi government's "failures".

"You will be surprised at the events that had unfolded near the Indian High Commission in London after the verdict was announced on Ram Janmabhoomi and the abrogation of Article 370. People from Pakistan, those settled in London, had staged demonstrations outside our embassy," he said.

"Did any Indian stage demonstration near the Embassy? If there is any issue, a person goes to the Embassy, meets the officials, who then send the documents to the central government," Modi explained.

Efforts were being made to tarnish the country's image, he alleged.

Protests have been raging across the entire northeast region and West Bengal over the amended Citizenship Act, as people fear that it might exacerbate the problem of illegal immigration.

Listing the achievements of the BJP governments at the Centre and Jharkhand, the prime minister said, "I am your sevak (servant). I have come here to give an account of the development work done by our party in the state."

He claimed that leaders of the opposition parties have only built palaces for themselves without paying any attention to the problems faced by common people.

The Congress and the JMM have no roadmap or agenda for developing Jharkhand, Modi insisted.

Referring to the sacrifice made by tribal freedom fighters for the country, he sought to know whether the British would have left India, had Birsa Munda, Sido-Kano, Chand- Bhairav and Phulo-Jano cared about personal gains.

"These great tribal martyrs rose above their personal interest to serve the society and the country," Modi said, adding that the BJP has derived its culture from them.

He thanked Vice President Venkaiah Naidu for encouraging MPs to use local languages, including Santhali, in Parliament, while also ensuring their English and Hindi translations were available on headphones.

"Santhal Pargana has a rich language and culture. The government will promote spiritual tourism in the Santhal Pargana, where many temples of Lord Shiva and other temples are situated. I thank vice president Venkaiah Naidu ji for arranging translation of Santhali language in the Rajya Sabha," Modi added. 

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Peace Lover
 - 
Monday, 16 Dec 2019

We the Peace Loving Indians recognized and understood the  intention of desh drohi communal party and thier leaders.  Communal commnets won't work out or accept by patriot INDIANS  so better to stop dress code communalism.

 

 

Jai Hind !

 

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Agencies
July 21,2020

The Retailers Association of India (RAI) has said that ad hoc lockdowns by state governments are impacting the businesses of already-stressed retailers, along with hurting the economic revival of the country.

In a statement, the body of the organised retail industry said that the long road to recovery for the Indian retail industry continues to meet stumbling blocks with numerous restrictions being imposed at the state and local levels.

"Total lockdowns in some places and limited operational hours and days in several others are creating setbacks for retailers as the already stressed retail businesses are getting further interrupted and in turn, dampening consumer sentiment," it said.

According to RAI, although the intentions are that of citizen safety and social distancing, the recent instances of local lockdowns and ad hoc restrictions being imposed in Uttar Pradesh, Maharashtra, Andhra Pradesh and Karnataka are having a distressing impact on retail businesses.

Retailers are already facing huge setbacks in terms of payment of wages and rentals due to very low sales of about 40 per cent as compared to last year, thanks to the extended lockdown, it said.

Contesting the restrictions on operating hours, Sandeep Kataria, CEO, Bata India said: "Restricted shopping time can lead to unnecessary overcrowding of stores, which is unfavourable towards the personal safety of both store staff and customers. Longer operational hours will support recovery for retailers as well as help adhering to social distancing norms."

Arvind Mediratta, MD and CEO, METRO Cash & Carry India said that these lockdowns will create severe inconvenience for all citizens as they also bar operations of food and grocery retail and wholesale stores.

Such hastily-implemented decisions by states undermine investor confidence and would come in the way of making the country "aatmanirbhar" or self-reliant, he said.

Voicing the concerns of retailers, the RAI has submitted representations to various state and local authorities that puts forth recommendations to get businesses and life of consumers on the track to recovery.

It has said that authorities should mandatorily allow essential shops including kiranas, general trade shops, supermarkets, hypermarkets and wholesalers to operate every day of the week until 9 p.m. to cater to the daily needs of the customers.

It has also sought ensuring uniform and regular opening of all categories of retail for full working hours while following stringent hygiene practices and adhering to social distancing norms. This will help avoid overcrowding outside stores as demand will get distributed over all days of the week, it said.

The industry body has also asked the local authorities to open malls in all states. Malls can ensure a safe shopping experience wherein safety measures are taken by both, the mall authorities and the retailers, it said.

Kumar Rajagopalan, CEO, RAI, said: "The need of the hour is concerted efforts by all stakeholders. While retailers are doing their bit by following stringent hygiene practices, the policymakers too need to support to ensure economic revival across the country. Consumption is important for the country and supports the business environment."

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News Network
June 18,2020

New Delhi, Jun 18: With the highest single-day increase of 12,881 COVID-19 cases reported in the last 24 hours, India's coronavirus count has reached 3,66,946 on Thursday.

This includes 1,60,384 active cases and 1,94,325 cured, discharged and migrated patients, according to the Union Health and Family Welfare Ministry.

Meanwhile, with 334 deaths being reported due to the infection, the toll due to the virus stands at 12,237 in the country.

There is a big increase in the number of confirmed cases in the country today as compared to the recent days when the spike had been limited to under 11,000 cases.

Maharashtra with 1,16,752 cases continues to be the worst-affected state in the country with 51,935 active cases while 59,166 patients have been cured and discharged in the state so far. The toll due to COVID-19 stands at 5,651 in the state.

The number of confirmed cases in Tamil Nadu also crossed the 50 thousand mark on Thursday and reached 50,193. The national capital is the third-worst affected by the infection in the country with the count reaching 47,102 today.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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