President Pranab Mukherjee not in favour of two executives: Hamid Ansari

Agencies
July 24, 2017

New Delhi, Jul 24: Vice President Hamid Ansari on Sunday said outgoing President Pranab Mukherjee had told Governors and Lt. Governors that their role was “mainly confined to giving advice to the Chief Minister as there cannot be two functional executive authorities in a state”. He said Mukherjee had also noted that the Governor had no discretion but to accept the verdict of floor test in certain situations.

“In a farewell dinner for Governors and Lt. Governors last week, President Mukherjee spoke about the constitutional design by which ‘there cannot be two functional executive authorities in a state’ and the Governor’s role, therefore, is ‘mainly confined to giving advice to the Chief Minister’,” Ansari said in his speech at the farewell ceremony for Mukherjee in the Central Hall of Parliament.

“He (Mukherjee) added that in certain situations, the Governor has no discretion but to accept the verdict of the floor test. He advised the Governors to perform diligently their constitutional responsibility with regard to the Scheduled Tribes areas in the states,” he added.

Mukherjee’s remarks assume significance in the wake of the present spat between Puducherry Chief Minister V. Narayanasamy and Lt. Governor Kiran Bedi. There was a tussle earlier between Delhi Chief Minister Arvind Kejriwal and then Lt. Governor Najeeb Jung. There have also been instances in the past of differences between Chief Ministers and Governors.

Ansari also lauded Mukherjee for adorning the highest elected office with great distinction and dignity. “His contribution in enriching our national life, parliamentary institutions, and political discourse are highly regarded along with his unshakable belief in the idea of India,” he added.

Ansari said that President Pranab Mukherjee — or Pranab Da, as he is affectionately known — had had a long and distinguish career in public life. “In his parliamentary ‘avatar’, Mukherjee strove to raise the level of debates and discussions in Parliament by erudite articulation on the issues of public importance. His parliamentary performance earned him the Outstanding Parliamentarian Award for 1997.

“He once famously remarked — ‘democracy should comprise of three ‘D’s of debate, dissent and decision, not the fourth ‘D’ of ‘disruption’. This assumes much significance in our present troubled times,” Ansari said.

The Vice President said that no tribute to Mukherjee can be complete without a reference to his role in the governance of the country. Mukherjee held important ministerial charges in government and played a significant role in shaping the policies for progress and inclusive development over the years, Ansari said, adding that in representing India in international fora, he was the consummate diplomat.

“His expertise in economic and financial matters similarly have been much sought after. He was rated one of the best Finance Ministers of the world for 1984 and declared ‘Finance Minister of the Year for Asia’ in 2010,” Ansari said.

The Vice President said the outgoing President combines the qualities of an erudite scholar with those of a seasoned politician. His views and pronouncements on issues of national and international importance have enhanced the stature of the high office held by him,” Ansari said.

From the highest pedestal, Mukherjee has, on several occasions, urged citizens to rededicate themselves to the cause of upholding the democratic values, the Vice President said. Quoting the President, Ansari said: “Our traditions has always celebrated the ‘argumentative’ Indian; not the ‘intolerant’ Indian. Multiple views, thoughts and philosophies have competed with each other peacefully for centuries in our country.”

Wishing Mukherjee good health and long life, Ansari said his rich political legacy holds valuable lessons for us and guide the future generations in public life.

Comments

Vikram
 - 
Tuesday, 25 Jul 2017

Pray for protection from violent gau rakshak... Isn't funny????
Let's do this way. Pray for win in election and sit home enjoy the biriyani instead of working in the field.

Is there any govt. in Karnataka??? or just prayer??. or goonda raajya? What is goin on ?.

If everything can be solved just by praying then why is the law on order , police, constitution ?

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News Network
June 26,2020

New Delhi, Jun 26: "Iam Indira Gandhi's granddaughter, not an undeclared BJP spokesperson like some of the opposition leaders," Congress general secretary Priyanka Gandhi Vadra on Friday said, as she alleged that the Uttar Pradesh government is threatening her through various departments for speaking the truth. Priyanka Gandhi's dare to the Uttar Pradesh government came days after the Agra administration asked her to withdraw within 24 hours the claim of high coronavirus deaths in the district.

The Congress general secretary in-charge UP East has accused the Yogi Adityanath government of indulging in propaganda instead of dealing with the pandemic. "As a public servant, my duty is towards the people of Uttar Pradesh. And this duty is to put out the truth before them and not to put forth government propaganda. The UP government is wasting its time by threatening me through its various departments," Priyanka Gandhi said in a tweet in Hindi.

"They can take whatever action they want, I will keep putting forth the truth. I am Indira Gandhi's granddaughter not an undeclared BJP spokesperson like some of the opposition leaders," she said. This week, Priyanka Gandhi repeatedly attacked the Uttar Pradesh government over the "high" COVID-19 mortality rate in Agra and on other issues related to the state government's handling of the pandemic.

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News Network
June 10,2020

New Delhi, Jun 10: Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In four hikes, petrol price has gone up by Rs 2.14 per litre and diesel by Rs 2.23.

Latest petrol, diesel prices in top cities:

New Delhi: Petrol ₹73.40. Diesel ₹71.62

Gurgaon: Petrol ₹72.86. Diesel ₹64.90

Mumbai: Petrol ₹80.40. Diesel ₹70.35

Chennai: Petrol ₹77.43. Diesel ₹70.13

Hyderabad: Petrol ₹76.20. Diesel ₹70b

Bengaluru: Petrol ₹75.77. Diesel ₹68.09

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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