Eye on Dalits, PM Modi launches Bhim pay app

December 31, 2016

New Delhi, Dec 31: With his gaze fixed on UP and the larger Dalit constituency, PM Narendra Modi launched on Friday an app whose acronym Bhim (Bharat Interface for Money) beamed a political message to the socially disadvantaged.

pmThe app, which seeks to ensure easy, fast and secure digital transactions, saw Modi invoking Dalit icon B R Ambedkar several times at an event here as he argued digitalisation would empower the poor -rather than disadvantage them, as maintained by some demonetisation critics.

The acronym is reminiscent of pro-Dalit outfit BSP's "Jai Bhim" slogan and carries an association with Dalit movements. Apart from challenging BSP in the UP polls, the move seeks to counter the flak BJP received over violence against Dalits in some of the states it rules and also the Rohith Vemula suicide. The mantra of Dr Ambedkar was to work for uplift of the poor. And the biggest power of technology is that it can empower the poor," Modi said as he extolled the app's feature that allows a thumb print to activate it. Earlier, use of a thumb impression for legal purposes was a sign of illiteracy (angutha chhaap) but technology and the new app could turn this into an instrument of personal empowerment, the PM said. "Your thumb is your bank now. It has become your identity now."

The political application of Bhim was all too evident as the launch of the app comes just before the crucial assembly elections in UP where BJP is struggling to detach the Dalits from BSP chief Mayawati. The social enlargement Modi had in mind seemed to be an attempt to expand the constituency beyond the party's more traditional catchment of upper castes to the less well-off OBCs and SCs.

Addressing the gathering of party workers and officials, Modi recalled Ambedkar as an economist and even went on to utter "Bahujan Hitay Bahujan Sukhay".

"The RBI was born on principles he (Ambedkar) wrote in his thesis. How the federal structure should run economically. The Finance Commission that was formed for this purpose was a result of his principles. If there is one person whose contribution stands out in India's economic framework, it is Babasaheb Ambedkar's," Modi said.

"No matter how far a country has gone, even for them, they have to go to Google, ask Google Guru what is Bhim. At first, they will see Bhim from Mahabharat. If they dig deeper, they will find Bharat Ratna Bhimrao Ambedkar. This was the goal of his life, to empower the poor. And this is what the app will do. This is the poor's treasure. This will empower the poor, farmers, tribal people," the PM said.

Arguing that Bhim app will bring Ambedkar centrestage, Modi said, "Be it a smartphone or feature phone of Rs 1,000-1,200, Bhim app can be used. There is no need to have internet connectivity .One only needs a thumb" Modi's dedication of the app to Ambedkar is a part of his strategy over the past year to seek to position BJP as being truly mindful of his legacy . He has repeatedly attacked Congress for ignoring and even downplaying Ambedkar in comparison with Nehru-Gandhi leaders.

BJP and Sangh Parivar have tried to appropriate a piece of the Dalit icon's legacy as the Modi government accelerated construction of an Ambedkar memorial in Delhi.

BJP government in Maharashtra decided to buy the London flat where Ambedkar stayed and the Sangh Parivar celebrated the birth centenary of the framer of the Constitution on a big scale through the year.

But BJP suffered setbacks because of Hyderabad Central University student Rohith Vemula's suicide and the atrocity committed by gau rakshaks on Dalits at Una in Gujarat. But the incidents have not fazed BJP and Sangh Parivar as only on Thursday, the government relaxed guidelines to facilitate the constriction of Ambedkar memorial in Mumbai. The government also plans to announce the mega draw of Rs 1 crore under "Lucky Grahak Yojana" and "DigiDhan Vyapar Yojana" on April 14, the birth anniversary of Ambedkar.

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Skazi
 - 
Sunday, 1 Jan 2017

In India Feku is acting like BHIM and Arjuna ....But, but Google and You tube have placed Modi in the list of top 10 CRIMINALS of the world ....

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News Network
February 13,2020

New Delhi, Feb 13: Arvind Kejriwal wrote to Delhi Lieutenant Governor Anil Baijal on Wednesday, staking claim to form the government in the national capital, sources said, while hinting that the AAP might not invite senior leaders and chief ministers of other parties for the oath-taking ceremony.

The sources said it was the formal process by the AAP chief, who was elected as the legislature party leader earlier in the day, to stake claim for forming the new government.

Kejriwal, who returned to power in Delhi with a stunning poll victory on Tuesday, will take oath as chief minister for the third consecutive time on February 16.

While the oath-taking ceremony will be open to the public, the Aam Aadmi Party (AAP) was considering not inviting leaders and chief ministers of other parties as it did not wish to be seen as a "confrontationist" against the BJP-led Centre, the sources said.

They, however, added that the party was yet to take a decision on it.

The AAP has planned mobilisation of people for the mega event and all the newly-elected MLAs of the party have been asked to ensure huge participation from their constituencies.

"I request the people of Delhi to attend the oath-taking ceremony of the chief minister at the Ramlila Maidan in large numbers," senior AAP leader Manish Sisodia told reporters, adding that the ceremony will start at 10 am.

The AAP won 62 seats in the 70-member Delhi Assembly, while the Bharatiya Janata Party (BJP) bagged the remaining eight seats. The Congress drew a blank for the second consecutive time in the Delhi polls.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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