Art 370 root cause of terrorism, says Amit Shah as RS clears resolution on J&K

Agencies
August 5, 2019

New Delhi, Aug 5: Rajya Sabha on Monday approved a resolution abrogating Article 370 for Jammu and Kashmir and a bill to bifurcate the state into two union territories with home minister Amit Shah saying the controversial provisions were responsible for poverty and lack of development in the state.

Allaying opposition fears of all hell breaking loose after the move, Shah replied, "nothing will happen" and it won't be allowed to turn into another battle-torn Kosovo.

"It was heaven on earth and will remain so," he said replying to the debate on the resolution and the bill which were taken up together.

He said full statehood will be restored to Jammu and Kashmir at "appropriate time" and after "normalcy" returns.

The bill provides for bifurcation of the state into two union territories of Jammu and Kashmir and Ladakh.

"Article 370 is biggest hurdle to normalcy in the state," he said, adding his government was committed to making Jammu and Kashmir the most developed state in the country.

Terrorism, he said, cannot be eliminated from the state until Article 370 and 35A are in existence.

The two articles of the Constitution, which give Jammu and Kashmir a special status and does not allow all laws of India to be applicable to the state, have hindered development and breeded corruption, he said.

Shah said rule of three families in the state during their 70 years since independence did not allow democracy to percolate and it breeded corruption.

Article 370 ruined Jammu and Kashmir and is responsible for poverty in the state, he said.

This, despite Rs 14,255 per capita being allocated to J&K as against Rs 3,681 per capita national average, he said.

Insisting development was being stalled in the state because of Article 370, he said real estate prices haven't moved in sync with national average.

Tourism did not develop in the state because of restrictions on purchase of land for outsiders, he said, adding that no industry can be set up in J&K because of Article 370.

Healthcare is crippling in Jammu and Kashmir as no private hospital could be set up due to restrictions placed by Article 370 and 35A, he said.

"Similar is the situation for education. Right to Education, which guarantees children below a certain age, cannot be implemented in Kashmir. Why should valley children not get benefit of education," he asked.

After abrogation of Article 370, J&K will truly become an integral part of India, he said.

More than 41,400 people have been killed due to terrorism in Jammu and Kashmir. Whose policy is responsible for the deaths, he asked.

Shah said that Article 370 was a temporary provision and asked how long can a provision like that be allowed to continue.

Rajya Sabha also approved a bill to extend 10% reservation to economically weaker sections in the state as well as the resolution on abrogating Article 370 by voice vote.

TMC, which vehemently opposed the resolution, walked out before Shah began to reply to the debate on it.

However, the bill to bifurcate the state was approved by 125 votes in favour and 61 against it. One member abstained.

Opposition BSP, BJD, AIADMK and YSR-Congress voted in favour of the bill.

Comments

Nation Adviser
 - 
Thursday, 8 Aug 2019

this time India will loose war badly...become we know when our lion soldier go to fight under the leadership of DOG M*D*...this is wat happen.

 

if india loose then hindu people must worry...there is no escape...muslim can go whereever country they want, but not in case of indian hindu..

Fairman
 - 
Tuesday, 6 Aug 2019

This person and his team are the real terrorists. They went against the justice for the Kashmirians under the fact when they joined India. 

 

According to the pact 

Whenever the citizens of kashmir request for withdrawal from the country  the government should arrange referendum  

That is the choice of the people  

What majority likes they  should be given independence  

Now nobody wants to respect the pact. 

So the instability started for their right. 

 

Now the BJP wants denay their rights  

So real terrorisom can not be ruled out. 

 

Got help the truth to reign. 

 

 

 

 

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News Network
March 12,2020

Bengaluru, Mar 12: Days after a video of an elephant being shot in Bandipur National Park went viral on social media, officials said that they have removed a staffer and initiated action against an employee of the Karnataka Forest Department in the matter.

According to officials, the incident took place on March 7.

"We have removed Rahim, temporary staffer, and initiated action against Umesh, a permanent employee of the Karnataka Forest Department, after an internal enquiry," Bandipur field director T Balchandra said.

While Rahim is said to have shot the charging elephant, Umesh reportedly made the video and shared it on social media.

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Agencies
August 7,2020

New Delhi, Aug 7: India's COVID-19 cases tally crossed 20 lakh mark with the highest single-day spike of 62,538 cases on Friday, said Union Ministry of Health and Family Welfare.

The COVID-19 tally rises to 20,27,075 including 6,07,384 active cases, 13,78,106 cured/discharged/migrated and 41,585 deaths, according to the Ministry of Health.

Maharashtra with 1,46,268 active cases and 3,05,521 cured and discharged patients continues to be the worst affected. The state has also reported 16,476 deaths due to the infection.

Tamil Nadu has 54,184 active cases while 2,14,815 patients have been discharged after treatment in the state. 4,461 deaths have been reported due to COVID-19 in the state.

Andhra Pradesh with 80,426 active cases is the third on the list. There are 1,04,354 cured and discharged patients and 1,681 deaths reported from the state.

Delhi now has 10,072 active cases and 1,26,116 cured and discharged patients. 4,044 people have lost their lives due to the disease in the Union Territory so far. 

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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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