Ram Rajya means no poverty, no discrimination: Yogi

Agencies
October 18, 2017

Ayodhya, Oct 18: Seeking to deflect opposition criticism, Uttar Pradesh Chief Minister Yogi Adityanath said today that no politics should be seen behind his government's efforts to develop this temple town which gave the idea of 'Ram Rajya' - where there is no poverty or discrimination.

Speaking at the glittering 'Deepotsav' organised on the bank of river Sarayu on Diwali eve here, Adityanath hit out at critics claiming that there were some who opposed and questioned his actions regardless of what he did.

"Ayodhya gave the concept of Ram Rajya - where there is no poverty, pain, grief or discrimination," Adityanath said adding that the real meaning of Ram Rajya is a home for everyone and electricity and LPG cylinders for every household.

"There are some who are used to opposing everything we do. If I come to Ayodhya they raise questions and if I don't they say I am afraid of coming here. Now they are saying that the Ayodhya programme is to divert the attention of people. I am here with my work, including loan waivers, wheat purchase etc, done in the past six months," he said.

Attacking opposition parties, the UP chief minister said his government did not discriminate on the basis of caste or religion unlike what happened earlier.

"We don't discriminate on the basis of caste, creed and religion. In the previous 'Ravan Raj', there was discrimination on basis of family, caste and other factors," he said.

The chief minister said he found it below dignity to even to react to "insulting and dirty" allegations levelled by the opposition.

Beginning his speech with 'Jai Shri Ram' and 'Bharat Mata Ki Jai' slogans, he said Ayodhya has much to humanity.

"It gave the concept of Ram Rajya, where there is no poverty, pain and grief. Where there is no discrimination. The objective of the programme is to present the real picture to the entire world," he said. Adityanath also compared the Narendra Modi government's work for the masses at the Centre with Ram Rajya.

The chief minister wondered as to why there were negative discussions on Ayodhya.

"We are making an attempt to take it from negativity to positivity. I am happy all Ayodhya residents cooperated in this endeavour. Ayodhya remained neglected, faced attacks continuously, but it will not remain so. We have launched Rs 133 crore schemes here," he said.

Adityanath said this was first of the four phases planned for Ayodhya.

"There will be beautification of Ayodhya and its ghats. This effort will continue in other historic places. Be it Kashi, Mathura, Namisharayna (Sitapur), Mirzapur, Tulsipur (Balrampur), Saharanpur, we will develop historical places. The state should become a world tourism hub and it is a beginning from Ayodhya," he said.

The chief minister said he wanted to restore the ancient glory of Ayodhya. Referring to the 1.71 of earthen lamps being lit on the bank of river Sarayu, Adityanath said the figure matched the population under the Ayodhya Nagar Nigam.

Officials said that the 1.71 lakh earthen lamps being lit at an event could enter the Guinness Book of World Records.

In his speech, UP Deputy Chief Minister Keshav Prasad Maurya said that "those opposed to Lord Ram cannot stop us from developing Ayodhya".

Adityanath said that a 'Ramayan mela' will be associated with this programme next year onwards.

UP Governor Ram Naik lauded the efforts of the Adityanath government in developing Ayodhya and thanked him for this assurance that all the work would be completed in two years, before his (Naik's) tenure ends.

Prominent among others present included seers, Union Culture Minister Mahesh Sharma, Union Tourism Minister KJ Alphons and BJP state chief Mahendra Nath Pandey.

After the main event, the stage was set for a grand laser show and 'aarti' (worship) of river Saryu.

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AK
 - 
Thursday, 19 Oct 2017

Ram Rajya means Brahman raj... 

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News Network
March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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News Network
June 30,2020

Mumbai, Jun 30: Senior Congress leader and former Union minister Prithviraj Chavan on Tuesday demanded a ban on NaMo app alleging that it was violating privacy of Indians.

The former Maharashtra chief minister also alleged that the NaMo app, the official mobile phone application of Prime Minister Narendra Modi, surreptitiously changes the privacy settings and sends data to third party companies in the US.

"Its good that Modi government is protecting privacy of 130 crore Indians by banning 59 Chinese apps. The NaMo app also violates privacy of Indians by accessing 22 data points, surreptitiously changing the privacy settings and sending data to third party companies in the US," Chavan tweeted.

India on Monday banned 59 apps with Chinese links, including hugely popular TikTok and UC Browser, saying they were prejudicial to sovereignty, integrity and security of the country.

The move came against the backdrop of the border stand-off with China and recent clash in Galwan Valley in which 20 Indian soldiers were killed.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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