President urges people to vote during LS polls

Agencies
January 25, 2019

New Delhi, Jan 25: With Lok Sabha elections round the corner, President Ram Nath Kovind on Friday gave a clarion call to people to perform the "sacred act" of voting, emphasising this year's polls should be seen as a "once-in-a-century moment" that will shape the India of the remainder of the 21st century.

Observing that an election is not just a political exercise, Kovind said it is a collective call to wisdom and a collective call to action, adding the ideas and idealism of our democracy will come into force to elect the 17th Lok Sabha.

In his customary address to the nation on the eve of the 70th Republic Day, the President said development of the country cannot be completed without a salute to the "spirit of inclusiveness and pluralism which rests on a "tripod of diversity, democracy and development".

"This country belongs to each of us and to all of us – every group and every community, every region and every identity. It belongs to every citizen and every individual. India's pluralism is its greatest strength and its greatest example to the world.

"The 'Indian model' rests on a tripod of diversity, democracy and development. We cannot choose one above the other; we must have all three and we will have all three," he said in the address that was telecast and broadcast across the country.

Referring to the general elections that are due before June, the President said it will be the first when voters born in the 21st century will contribute to electing a new Lok Sabha.

The election represents the diverse and singular urges of the people and the Republic of India, he said.

"This makes the very act of voting a sacred act. Please perform this act. Who the voter chooses to vote for is up to him or her, I would only request all eligible voters to go out and vote.

"Our country is at a key juncture. In some respects this is as critical and formative a period as the late 1940s and early 1950s. Decisions and actions of today will shape the India of the remainder of the 21st century. As such, this is not just a once-in-a-generation moment – it is a once-in-a-century moment," he said.

The President said this election, in which the ideas and idealism of democracy will come into full force, is only a milestone in the journey towards fulfilling the aspirations of the people and building a developed India.

While appreciating the role of successive generations in nation building, the President reminded the people that "our voyage is far from complete."

"There are still waters to cover, still gaps to fill and still tears to wipe."

"We have to recalibrate our yardstick of achievement and success – from quantity to quality; from a literate society to a knowledge society; from a nation that has room for all segments and all communities to a family that invokes, encourages and celebrates the uniqueness and potential in each person – each daughter and each son," he said.

He said the ideals of Mahatma Gandhi of all people living in perfect harmony are a constant reminder while building the nation.

In an apparent reference to the 10 per cent quota for economically weaker sections in the general category, he said "the recent constitutional amendment to provide special facilities for talented children from poorer families is another step to an India of our dreams – and of Gandhiji's dreams."

The President also advocated the need for engaging in conversation with groups who have been historically disadvantaged.

"Partnerships are enhanced by open communication, honest conversation and unstinted compassion...This is also true with sections or groups that have been historically disadvantaged and whose grievances must continue to be heard and addressed. It is important to create avenues for such conversations, even if they are inconvenient.

"In a society experiencing rapid change, we must be prepared for such conversations. And similarly, we must be alive to the need for compassion – to those less privileged than us and to the differently-abled, for example," he said.

The President stressed that the vision of India's Republic was to reach democratic goals by democratic means, pluralistic goals by pluralistic means, enlightened goals by enlightened means, inclusive goals by inclusive means, compassionate goals by compassionate means – and constitutional goals by constitutional means.

"May those principles always illuminate our path! After all, 'We, the People …' gave ourselves this Constitution and 'We, the People …' are the custodians and upholders of its principles," he said.

He said the best indicator of social change in India is changing towards gender equity and towards providing equal opportunities, under conditions of equality, to every girl child and every woman.

"...Young women in our country are moving ahead in every field - from academics to the creative arts, from sports to the armed forces. There is no stopping and no hesitation in this process. It is the route to India’s future," he added.

Kovind said this year also marks 150th birthday anniversary of Gandhi ji which will be followed by the 70th anniversary of the adoption of the Constitution. "In his (Bhimrao Ambedkar), honour and in our Constitution's honour, the nation will celebrate Constitution Day this year in an appropriate manner," he said.

The President said the country was at the doorstep of eliminating extreme poverty for the first time in memory and several people friendly programmes including equitable healthcare have begun to be rolled out.

Road, water, rail and air connectivity has improved. "India has been united and integrated – now it is being networked," he said.

Comments

Wellwisher
 - 
Saturday, 26 Jan 2019

Happy Republic Day

 

Long Live India

 

No  doubt this time polling turnout wI'll come with new record.Peace lovIng patriot Indians will reject criminal force and their political leader's. 

 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.