Amit Shah says Congress 'can't preserve democracy'

Agencies
July 14, 2018

Gandhinagar, Jul 14: In a sharp attack on the Congress and the Gandhi-Nehru family, BJP president Amit Shah said on Saturday that a party which "failed" in establishing internal democracy can never preserve India's democracy.

Before the BJP came to power under the leadership of Prime Minister Narendra Modi in 2014, India was lagging behind other countries in most key areas such as economic growth, agriculture and on social sector indicators, he said.

However in the past four years, things have improved considerably, Shah said, addressing the audience at 'Youth Parliament' organised in the Karnavati University here.

"Before 2014, a particular party remained in power for the maximum period after Independence. But the way these governments functioned, a large part of the population remained deprived of development.

"These people had a feeling that independence brought no benefit for them," he said, without taking the name of the Congress party.

He then highlighted the achievements of the BJP-led government at the Centre.

"After assuming office (in May 2014), the first task Modiji took up was to uplift 50 crore people. In these four years, he brought 30 crore citizens into the formal economy by opening their bank accounts. More than 4.5 crore women were given LPG connections, while 7.5 crore toilets were built during that period," Shah said.

Continuing his attack on the Congress, the BJP chief said though many people sacrificed their lives during the freedom struggle, attempts were made to give credit for Independence to one party or a particular family.

"The party which came to power immediately after Independence has abolished internal democracy in the party. It has become family-centric. A party which has failed to preserve its own internal democratic structure can never preserve the country's democracy," Shah said.

"If we want to preserve democracy in our country, we must establish internal democracy in politics. Since that did not happen in the past, our country could not achieve desired results post independence," the BJP chief said.

Shah said the Indian Space Research Organisation realised its full potential after the Modi government came to power. This was reflected in the ISRO sending a record number of satellites in space in one go in early 2017, he added.

"In the past, the ISRO used to launch one or two or a maximum 13 satellites at one go. But after Modiji came (to power), ISRO launched 104 satellites in one go, leaving the US behind.

"We did that with the same scientists and resources which were there in the past," Shah said.

Referring to the World Economic Forum meet in Davos earlier this year, he again targeted the Congress, saying previous prime ministers - most of them from the Congress party - were concerned about getting photos clicked with world leaders at the conclave.

"In the past, there existed no chance for Indian PMs to address the forum. But this time, despite the presence of many world leaders, Modiji got the privilege to inaugurate the meet and gave his speech in Hindi," he said.

Commenting on the surgical strikes across the LoC in Pakistan-occupied Kashmir, he said Modi's go-ahead to the armed forces for the 2016 raid put India in the league of nations such as the US and Israel, which are known to avenge the killing of their soldiers.

Shah urged the youth to join Modi's mission to build a New India by 2022.

The BJP leader said the New India will be a society free of casteism, poverty, community divisions, dynastic political system, corruption and politics of appeasement.

"Let's take a pledge to build a New India as envisaged by Modiji, who is the most charismatic and popular leader in the world. We all are lucky to have him at the helm of affairs in the country," Shah said.

Comments

Sharief Fairman
 - 
Sunday, 15 Jul 2018

BJP is openly declaring, INDIA is Hindu Rashtra,  No Democracy only Hindutva,   then how these stupid leaders talk about restoring democracy.

This is Hiprocracy on democracy. These people have no right to say on democracy where it is allergice for them.

God help us save our innocent citizens not falling prey into the dirty politics of these goonda party.

 

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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Agencies
August 7,2020

Moscow, Aug 7: Russia will register its first vaccine against the coronavirus on August 12, Deputy Health Minister Oleg Gridnev said on Friday.

The vaccine has been developed jointly by the Gamaleya Research Institute and the Russian Defence Ministry.

"The vaccine developed by the Gamaleya centre will be registered on August 12. At the moment, the last, third, stage is underway. The trials are extremely important. We have to understand that the vaccine must be safe. Medical professionals and senior citizens will be the first to get vaccinated," Gridnev told reporters at the opening of a cancer centre building in the city of Ufa.

According to the minister, the effectiveness of the vaccine will be judged when the population immunity has formed.

Clinical trials of the vaccine began on June 18 and included 38 volunteers. All of the participants developed immunity. 

The first group was discharged on July 15 and the second group on July 20.

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News Network
May 27,2020

New Delhi, May 27: As per the prediction from the IMD, severe heatwave conditions continued in several parts of north India with Delhi recording the country’s second-highest temperature at 47.6 degrees Celsius. On the other hand, Churu in Rajasthan sizzled at 50 degrees Celsius, reporting the highest temperature in the country. Also Read - Delhi Temperature: Heatwave to Continue, IMD Issues Alert, Mercury Rises to 46 Degrees

In Delhi, the mercury soared to 47.6 degrees Celsius in Palam area and most places recorded their maximum temperatures six notches above normal. The Safdarjung Observatory, which provides representative figures for the city, recorded a maximum of 46 degrees Celsius.

The last time when the mercury at the Safdarjung weather station touched the 46-degrees-Celsius mark was on May 19, 2002.

The IMD said the weather stations at Lodhi Road and Aya Nagar recorded their respective maximum at 45.4 degrees and 46.8 degrees Celsius.

In its earlier forecast, the IMD has said that dust storm and thunderstorm with winds gusting up to 60 kilometres per hour is likely over the National Capital Region on Friday and Saturday.

On the other hand, severe heatwave conditions prevailed in several parts of Rajasthan on Tuesday, with the mercury touching 50 degrees Celsius in Churu district.

The IMD said this is the second-highest maximum temperature recorded in Churu district in the month of May in the last 10 years.

Other areas such as Bikaner, Gangangar, Kota and Jaipur recorded maximum temperatures of 47.4 degrees Celsius, 47 degrees Celsius, 46.5 degrees Celsius and 45 degrees Celsius, respectively.

In the adjoining areas of Chandigarh, the severe heatwave condition continued in Haryana, Punjab with Hisar being the hottest place in the region at 48 degrees Celsius.

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