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
January 12,2020

Hubballi, Jan 11: Karnataka Industries Minister Jagadeesh Shatter's mother Basvennamma Shivappa Shetter passed away here on Friday evening.

She was 86. She is survived by three sons and a daughter.

The final rituals was held on Saturday, family sources said.

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News Network
March 29,2020

New Delhi, Mar 29 : Notwithstanding the 21-day coronavirus lockdown, the Reserve Bank of India (RBI) has decided to go ahead with the merger plan of ten state-run banks into four larger bank from April 1. The apex bank has issued four separate releases announcing that the branches of merging banks will operate as of the banks in which these have been amalgamated from next month.

RBI's statement comes after Finance Minister Nirmala Sitharaman's clarification on Thursday that the mega bank consolidation plan was very much on track and would take effect from April 1.

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.

Bank officers' unions, however, earlier this week wrote to the prime minister seeking to defer the merger schemes of lenders due to the lockdown triggered by coronavirus outbreak.

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

Under this, the branches of Oriental Bank of Commerce and United Bank of India will operate as branches of Punjab National Bank from April 1, 2020, and branches of Syndicate Bank as that of Canara Bank, the RBI said in a separate releases.

Allahabad Bank branches will operate as those of Indian Bank while the branches of Andhra Bank and Corporation Bank will function as the branches of Union Bank of India from the beginning of next fiscal year 2020-21, the RBI said.

"The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India... The scheme comes into force on the 1st day of April 2020," RBI said.

Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from April 1, 2020, the RBI noted.

Banking services across the country are impacted due to the effect of COVID-19 as a near shut down is being observed across the country.

In a letter written to the Prime Minister on March 25, the All India Bank Officers'' Confederation (AIBOC) said, "The finance minister yesterday announced a slew of measures in view of the deleterious effect of the contagion. We are also expecting an extension of closing related activities and the revision of the closing date itself from March 31 to June 30, which is the need of the hour."

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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