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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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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News Network
February 11,2020

New Delhi, Feb 11: The government has decided to rename National Institute of Financial Management (NIFM), Faridabad, as Arun Jaitley National Institute of Financial Management, an official statement said on Tuesday.

Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service. The Union Finance Minister is the President of the NIFM Society.

"Aligning the vision and aspiration of the Institute for the future with the vision and contribution of late Arun Jaitley, the Government has decided to rename National Institute of Financial Management (NIFM) as the Arun Jaitley National Institute of Financial Management(AJNIFM)," the statement said.

NIFM has become a premier resource centre to meet the training needs of the central government for senior and middle level of management in the fields of public policy, financial management, public procurement and other governance issues for promoting highest standards of professional competence and practice.

Padma Vibhushan awardee Jaitley was the Union Minister for Finance and Corporate Affairs during May 26, 2014 to May 30, 2019.

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News Network
January 17,2020

New Delhi, Jan 17: A Delhi court Friday issued fresh death warrants for February 1, 6 am against the four convicts in the Nirbhaya gang rape and murder case.

Additional Sessions Judge Satish Kumar Arora was hearing a plea by one of the four death row convicts in the case, Mukesh Kumar Singh, seeking postponement of the date of his execution scheduled for January 22.

Earlier in the day, the Tihar jail authorities sought issuance of fresh death warrants against the four convicts.

Public Prosecutor Irfan Ahmed told the court that Mukesh's mercy plea was rejected by President Ram Nath Kovind on Friday.

The 23-year-old paramedic student, referred to as Nirbhaya, was gang-raped and brutally assaulted on the intervening night of December 16-17, 2012 inside a moving bus in south Delhi by six persons before being thrown out on the road.

She died on December 29, 2012, at Mount Elizabeth Hospital in Singapore.

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