Chhattisgarh Congress leader Ramdayal Uike joins BJP in Amit Shah's presence

Agencies
October 13, 2018

Bilaspur, Oct 13: In a major setback to the opposition Congress in poll-bound Chhattisgarh, its state working president and MLA Ramdayal Uike Saturday joined the ruling Bharatiya Janata Party.

Mr. Uike, who represents Pali-Tanakhar constituency, joined the BJP in the presence of the party chief Amit Shah and Chief Minister Raman Singh in Bilaspur district headquarter.

Mr. Uike, considered a popular tribal leader in Bilaspur division, said he was feeling suffocated in the Congress as Scheduled Tribes (ST) leaders were being neglected by the party leadership.

In a press conference held in Bilaspur in the presence of the Chief Minister as well BJP state unit president Dharamlal Kaushik, he announced that he joined the BJP.

‘CD politics of Congress’

“I had been feeling suffocated in Congress for the last several years. Congress has diverted from its ideology and principles. The CD politics of Congress has tarnished its image. State Congress chief Bhupesh Baghel has maligned the image of the party by encouraging the obscene CD politics,” he said.

Mr. Uike was apparently referring to a case of circulation of a ‘sex CD’ purportedly featuring a State Minister, in which Mr. Baghel was named as one of the five accused.

He further said his party high command did not pay attention to his demand to remove Mr. Baghel from the post of state unit president.

“Congress has neglected the interests of tribals, backward and poor people and I was pained over it as I represent a tribal region.

“CM Raman Singh has been making efforts for overall development of tribals and backward people and his development oriented policies have impressed me to rejoin my home party,” he said.

“A ghar wapsi”

Mr. Uike, who had quit the BJP and joined the Congress in 2000, described his return to the ruling party as “ghar wapsi”.

When asked about contesting elections, he said he will follow the directions of the party leadership in this regard.

Reacting to the development, Congress dubbed Mr. Uike as an “opportunist” and said his decision will not harm the opposition party.

“Mr. Uike has gone back to BJP, which he had left earlier for opportunistic reasons. He has again proved that he is an opportunist,” Congress state communication wing chief Shailesh Nitin Trivedi said.

No harm to party, says Congress

“His decision is not going to harm Congress in any way as history is witness that the party in which Mr. Uike was there it had never won. In fact we are thankful to Mr. Uike that he has left our party and ensured victory to us,” Mr. Trivedi said.

After the formation of Chhattisgarh in 2000, Mr. Uike who was a BJP MLA from Marwahi seat had joined Congress and vacated his seat to facilitate the entry of Ajit Jogi into the Chhattisgarh Legislative Assembly after he was sworn-in as first Chief Minister of Chhattisgarh.

According to BJP sources, Mr. Uike was not happy after he was ousted from the Congress screening committee and since then he had been in touch with ruling party leadership.

The BJP may field Mr. Uike either from Marwahi or Pali Tanakhar — the ST reserved seats, both considered as his stronghold.

In the state, 18 naxal-affected constituencies will go to polls in the first phase on November 12, while the rest of the 72 constituencies would go to polls in the second phase on November 20.

Comments

Fairman
 - 
Saturday, 13 Oct 2018

Thanks God, dirty things are removed.

 

BJP is built with wrong, ideology and how can it longlast. It can last only until fools around them are in majaority.

Congress should do TIT for TAT.

Sharafat for Shareefs only. It wont work with dishonest people.

 

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News Network
March 7,2020

Mar 7: Two Malayalam news channels, Asianet News and Media One, which were banned by the information and broadcasting ministry for their coverage of the recent violence in Delhi on Friday evening, were allowed to resume telecasting on Saturday morning.

While Asianet News appeared to have begun operations around 7am on Saturday, Media One was screening content by 9.30am.

The ministry of information and broadcasting had imposed a 48-hour ban on Asianet News and Media One for their coverage of the Delhi violence for 48 hours from 7.30pm on Friday. Both Asianet News and Media One were barred under Rule 6(1 c) and Rule 6(1e) of the Cable Television Networks Act, 1994.

The ministry of information and broadcasting alleged Asianet News and Media One were "biased" and critical of the RSS and Delhi Police.

The ban on Asianet News and Media One triggered a torrent of criticism of the move. Congress MP Shashi Tharoor asked how "Malayalam channels inflame communal passions in Delhi?" and alleged some English news channels were continuing "their brazen distortions" with impunity.

In a statement issued on Friday after the ban, Media One termed the move "unfortunate and condemnable" and called it a "blatant attack against free and fair reporting". Media One called it "an order to stop free and fair journalism".

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
January 24,2020

Jan 24: India’s economy appears to be shaking off a slump, as activity in the services and manufacturing sectors expanded for a second straight month in December.

The needle on a gauge measuring so-called animal spirits signaled the economy may be taking a turn for the better, as five of the eight high-frequency indicators tracked by Bloomberg News came in stronger last month. The dial was last at the current position in August.

“Animal spirits” is a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action, and the gauge uses the three-month weighted average to smooth out volatility in the single-month numbers.

The nascent recovery would need a helping hand, with expectations building that Finance Minister Nirmala Sitharaman will provide some stimulus when she presents the budget Feb. 1. Official forecasts show the economy is set to expand at 5% in the year ending March 2020 -- the weakest pace in more than a decade.

Here are the details of the dashboard:

Business Activity

The dominant services index rose to the highest level in five months in December as improving new work orders helped boost activity. The seasonally adjusted Markit India Services PMI index climbed to 53.3 from 52.7 in November, helping post a strong end to the calendar year.

India’s manufacturing PMI also rose -- to 52.7 from 51.2 a month ago -- boosted by the fastest increase in new orders since July. A reading above 50 means expansion while anything below that signals contraction.

The uptick in business confidence was accompanied by a rise in inflationary pressures, the survey showed. That trend may keep monetary policy makers from resuming interest-rate cuts anytime soon, leaving most of the heavy-lifting to boost growth with the government.

“The relative stability in macro indicators over the past two months suggests that the worst is behind, but the recovery is likely to be prolonged,” said Teresa John, an economist at Nirmal Bang Equities Pvt. in Mumbai. “Still, sluggish growth and rising inflation indicate that India may well remain in stagflation for most of 2020.”

Exports

Exports remained a laggard, falling 1.8% in December from a year ago. The drag was mainly because of a fall in export of engineering goods, which constitute a third of India’s non-oil exports.

Capital goods imports continued to contract and was lower by 16.5% year-on-year in December after a 22% drop in November. This was the seventh consecutive month of continuous decline, underscoring the weakness in the capex cycle, according to IDFC First Bank.

Consumer Activity

Weakness in demand for passenger vehicles persisted, with local sales falling 1.2% in December from a year ago, according to the Society of Indian Automobile Manufacturers. That capped the worst yearly passenger vehicle sales on record. A Nielsen study on demand for fast-moving consumer goods showed volume growth dropped to 3.5% in the last quarter of 2019 from 3.9% in the same period of 2018.

Funding conditions held out hope, showing considerable improvement in December, according to the Citi India Financial Conditions Index. Credit growth remained tardy though, with demand for loans rising at a slower 7.1% pace from a year ago compared with a nearly 8% growth in November.

Industrial Activity

Industrial output rose for the first time in four months in November. The pick up was broad-based, led by mining, manufacturing and electricity. Mining and manufacturing, in particular, posted a second month of sequential growth. Production of consumer goods also rose after a few months of contraction.

The index of eight core infrastructure industries, which feeds into the index of industrial production, however, declined 1.5% in November from a year ago -- the fourth straight month of contraction. That was on account of shrinking production of electricity, steel, coal, natural gas and crude oil. Both the core sector and industrial output numbers are reported with a one-month lag.

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