No ban on day-dreaming: Javadekar on Rahul's prime ministerial aspirations

Agencies
May 22, 2018

Mumbai, May 22: Union minister Prakash Javadekar on Tuesday took a dig at Congress president Rahul Gandhi's remark that he is ready to be the prime minister, saying there is no ban on "day-dreaming".

The Congress has lost 20 states and it is in power only in a couple of states now. "If on that basis, Gandhi is thinking of becoming the prime minister, then there is no ban on day-dreams in this country," Javadekar told a regional television channel, when asked about the Congress chief's remark.

Gandhi had recently said he is ready to become the prime minister if his party emerges as the "biggest" party in the 2019 Lok Sabha polls.

Asked if Gandhi could pose a challenge to Prime Minister Narendra Modi in the parliamentary elections next year, Javadekar said, "A smart tweet or big talk is not politics. It is much more than that."

The BJP had only two MPs in the Lok Sabha in 1984 and it won 282 seats in the 2014 general polls. The Congress was then 400, which reduced to 44, he pointed out.

"There are lessons to be learnt by the Congress from our example," he said.

Asked about the recent political scenario in Karnataka, he said the southern state's governor had invited the BJP by acting within the constitutional framework.

"When we realised that we do not have the sufficient strength, our chief minister (B S Yeddyurappa) stepped down," he added.

On the Punjab National Bank scam involving diamond merchant Nirav Modi, the BJP leader said, "It happened during Congress period but we have arrested more than 13 people in connection with the case. We will seize their properties spread across the country."

On the BJP's slogan of 'Congress-free India', the minister said it means a country free of "crony-politics, lobbying and passing on benefits only to selected people."

"The bad culture in politics, introduced by the Congress, is what we have been opposing," Javadekar said.

Asked about Rahul Gandhi using a similar slogan of "Modi-mukt Bharat", he claimed that it does not have any appeal among people. "Being so anti-Modi is negative politics which will never be successful in the country."

Despite being a nationwide party, if the Congress was going to say it will only oppose (Prime Minister) Narendra Modi, then it is negative politics, he said.

Javadekar exuded confidence that the BJP will not only win the 2019 general elections, but its performance will also be better than earlier in West Bengal, Odisha, Tamil Nadu and Kerala. "We will also retain our current base in the country."

To a query on how the Centre was going to check the black money and if any opposition leader from Maharashtra would face the heat, he said the Benami Property Transaction Act is going to be implemented from June onwards.

"You will see many leaders of the Congress, the NCP and many more will face its heat. The properties and bungalows purchased in the name of some servants or non-existing person, all are going to be confiscated," he said.

Highlighting the government's achievements and lauding its Swachh Bharat Abhiyan, Javadekar said seven crore houses in the country got toilets.

"I have seen that women in Uttar Pradesh and Bihar have given their toilets the name of 'izzat ghar' as earlier it was embarrassing for them to go out in public," he said.

There are some 400 schemes in the country having an outlay of Rs 3.25 lakh crore, which directly gets deposited into the bank accounts, he said.

"The then prime minister, Rajiv Gandhi, had once said that if he sends Rs 100 to the people, only Rs 15 would reach actually. It was the Congress in power, from the Centre to village, and leaders were siphoning off money. We have stopped it," Javadekar said.

Comments

Mr Frank
 - 
Tuesday, 22 May 2018

Yes Modiji has got excellent experience of that in karnataka and it applies more to Modiji than Rahul for 2019.

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News Network
May 24,2020

New Delhi, May 24: The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.

According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package.

"The multiplier effect of the stimulus measures on the economy will depend on three key aspects i.e. the time taken for effecting the withdrawal of the lockdown, the efficacy of implementation and duration of execution of the measures announced," Dun & Bradstreet India Chief Economist Arun Singh said.

The report noted that the government's larger-than-expected stimulus package is likely to re-start economic activities.

Besides, measures taken by the Reserve Bank of India like reducing the repo rate by a further 40 basis points to 4 per cent, extending the moratorium period by three months and facilitating working capital financing will also help stimulate the momentum.

Singh said while the measures announced by the government are "positive", most of them have been directed towards strengthening the supply side of the economy, and "it is to be noted that supply needs to be matched with demand", he said.

Besides, "in the absence of cash-in-hand benefits under the government's stimulus package, demand for goods and services is expected to remain depressed", he added.

He further said the loss in income and employment opportunities, and cautiousness among consumers, will lead to a delayed recovery in consumer demand, even after the pandemic. As debt and bad loan levels increase, the banking sector might face challenges.

The report further noted that even as the monetary stimulus is expected to inject liquidity and stimulate demand for a wider section of the economy, the channelisation of funds from the financial institutions will be subjected to several constraints.

The foremost concern being increase in risk averseness, as the balance sheets of firms, households, and banks/NBFCs have weakened considerably and low demand for funds by firms as production activities have been on a standstill during the lockdown period, Singh said.

India has been under lockdown since March 25 to contain the spread of the coronavirus, resulting in supply disruptions and demand compression.

Prime Minister Narendra Modi imposed a nationwide lockdown to control the spread of coronavirus on March 25. It has been extended thrice, with some relaxations. The fourth phase of the lockdown is set to expire on May 31. 

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News Network
April 28,2020

New Delhi, Apr 28: Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till September 30, 2019, the Reserve Bank of India said in a RTI reply.

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.

This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore.

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Forever Precious Jewellery and Diamonds Private Limited has loans of Rs 1,962 crore written off while Deccan Chronicle Holdings Limited have Rs 1915 crore written off loans.

Choksi's other firms Gili India and Nakshatra Brands also have loans of Rs 1,447 and Rs 1109 crore respectively written off.

REI Agro of Jhunjhunwala brothers is already under the scanner of ED. The CBI and ED are also probing alleged fraud by the owners of Winsome Diamonds.

Vikram Kothari's Rotomac is the fourth in the list. He and his son Rahul Kothari were arrested by the CBI for bank loan default.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

"The information on top 50 wilful defaulters and their sum of funded amount outstanding and amount technically/prudentially written off as on September 30, 2019 reported in CRILC by banks, is provided," the RBI said in its written response dated April 24.

In his application, RTI activist Saket Gokhale had sought the list of defaulters as on February 16, but the RBI said the requested information is not available.

The RBI said that according to section 8 (1)(a) of RTI Act 2005 read with para 77 of Supreme Court judgement of December 16, 2015 in Jayantilal N Mistry case, information on overseas borrowers is exempted from public disclosure.

"Data is as reported by banks and RBI will not be held responsibly or accountable for any misreporting and/or incorrect reporting by the reporting entities," the RBI said in the written reply to the RTI query.

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News Network
January 19,2020

Mumbai, Jan 19: After Kerala and Punjab, the Maha Vikas Agadi (MVA) government is also mulling over a resolution against the Citizenship (Amendment) Act, 2019 in Maharashtra Assembly.

Speaking to news agency, Congress spokesperson Raju Waghmare said: "Our senior party leader Balasaheb Thorat has also shared his stand on the CAA. Even Chief Minister Uddhav Thackeray has said that we are against the CAA. As far as the resolution against CAA is concerned, our senior leaders of MVA will sit together and decide."

If this happens, then Maharashtra will be the third state to pass a resolution against CAA, which grants citizenship to non-Muslim refugees from Pakistan, Afghanistan, and Bangladesh, who came to India on or before December 31, 2014.

Emphasising that CAA is 'unconstitutional,' senior lawyer and Congress leader Kapil Sibal has said that every state Assembly has the constitutional right to pass a resolution and seek CAA's withdrawal.

He added that it would be problematic to oppose the CAA if the law is declared to be 'constitutional' by the Supreme Court.

"I believe the CAA is unconstitutional. Every State Assembly has the constitutional right to pass a resolution and seek its withdrawal. When and if the law is declared to be constitutional by the Supreme Court then it will be problematic to oppose it. The fight must go on!" Sibal tweeted.

Earlier speaking at the Kerala Literature Festival on Saturday, the Congress leader had said that constitutionally no state can say that it will not implement the amended Citizenship Act, as doing so will be "unconstitutional".

Kerala government has also approached the Supreme Court against the CAA following the passage of a resolution against it in the state Assembly.

Punjab chief minister Amarinder Singh has also announced that the Congress state government is going to join Kerala in the Supreme Court in the case.

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