Cong releases manifesto with focus on jobs, farmers

Agencies
April 2, 2019

New Delhi, Apr 2: The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 22 lakh government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate.

The 55-page document titled 'Hum Nibhayenge' (We will deliver) focused on addressing the issues of joblessness, farm distress, safety of women and boosting the rural economy, with stress on building a narrative on "real issues" faced by people.

The manifesto was released by party president Rahul Gandhi, former prime minister Manmohan Singh, UPA chairperson Sonia Gandhi and senior leader P Chidambaram among others.

For farmers, Congress promised to put them on the path from "Karz Maafi" (loan waiver), to "Karz Mukti" (freedom from loans).

This will be done through remunerative prices, lower input costs, and assured access to institutional credit, the party said, adding it will present a separate "Kisan Budget" every year, if voted to power.

Speaking on the occasion at the Congress headquarters here, Gandhi said the Congress will allocate 6 per cent of GDP to education, strengthen government hospitals and give high-quality healthcare access to poor if voted to power.

The party also promised to enact the Right to Healthcare Act and guarantee every citizen free diagnostics, out-patient care, free medicines and hospitalisation, through a network of public hospitals and enlisted private hospitals.

The Congress president alleged that the BJP government had spread hate and divisiveness in its five year rule and his party will work towards uniting India by bringing people together.

"Our manifesto process reflects our commitment to a higher vision, that of listening to the 'jan awaaz'. It is not the 'mann ki baat' of one individual but the collective voice of lakhs of people," he said in a preface of the manifesto.

With this manifesto, Gandhi said the Congress has offered to people "the only national alternative -- a distinct alternative that is unwavering in its commitment to truth, freedom, dignity, self-respect and prosperity for our people."

He promised to make India "strong and united, and a just and prosperous society".

On the party's showpiece minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY), the party's manifesto promised to give Rs 72,000 per year to the poorest 20 per cent households in India.

To the youth of India, Congress pledged to make jobs its top priority, saying it will ensure 34 lakh jobs in the public sector by filling all 4 lakh central government vacancies before March 2020, persuading the state governments to fill 20 lakh vacancies and creating an estimated 10 lakh new Seva Mitra positions in every gram panchayat and urban local bodies.

The party said it will also provide a fillip to private sector by incentivising businesses for jobs creation and employing more women.

On GST tax, the Congress said it will radically simplify the GST regime with a single moderate rate of tax, zero rating of exports, and exemption for essential goods and services.

It also promised panchayats and municipalities a share of GST revenues.

The Congress, it said, will reverse the trend of declining defence spending under the NDA government, and increase it to meet the requirements of the Armed Forces.

"We will expedite all modernisation programmes of the Armed Forces in a transparent manner. We will improve social security, education and health facilities for our Paramilitary Forces and families," the party said.

On education, Congress promised that school education from Class I to Class XII in public schools shall be compulsory and free.

The party promised to pass in the first session of the 17th Lok Sabha the Women's Reservation Bill reserving 33 percent of seats for women in the Lok Sabha and the State Legislative Assemblies.

"Congress will also reserve 33 percent of all posts/vacancies in the Central government for women," it said.

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News Network
June 24,2020

New Delhi, Jun 24: A litre of diesel on Wednesday was more expensive than a litre of petrol after the price of the former was hiked by 48 paise on the 18th successive day of fuel price revisions. While petrol price remained unchanged for the first time since June 7, diesel prices maintained upward trajectory to touch new highs.

It is for the first time in Delhi that diesel has become more expensive than petrol. A litre of the fuel now costs ₹79.88 as against ₹79.76 for a litre of petrol, as per a report in news agency ANI.

While surging fuel prices may generate much-needed revenue for governments, it would also have a detrimental impact on household budgets. The spike in diesel prices also has a wider impact on the transport and agricultural sectors which are largely dependent on the fuel.

The widest gap between the prices of the two fuels was on June 18 of 2012 when a litre of petrol was at ₹71.16 in Delhi while diesel was at ₹40.91. On June 28, the gap between the two fuels was 31.17 per litre in Mumbai. Around that time, there was a spurt in sales of diesel passenger vehicles while demand for such vehicles has come down significantly in current times. This has also led many manufacturers to ditch diesel engines completely.

The current trend of fuel price hikes are unlikely to do demand for petrol vehicles much good either.

Daily price revisions of the two fuel had been temporarily halted for 83 days till it was resumed on June 7.

India's demand for fuel doubled in May and has been steadily rising in June with the easing of restrictions. Indian refineries have already scaled up crude processing with Indian Oil Corp, the country's top refiner, looking to operate its plants at about 90% capacity in June.

The rising fuel prices, however, have resulted in political uproar with Congress leading the charge against the central government and accusing it of penalising consumers by imposing high taxes. A demand for including fuel prices under Goods and Services Tax (GST) has also been renewed by many but it is highly unlikely that it would happen. With oil companies looking to cut back on their previous loses and governments - central as well as states - aiming to generate revenue after tumultous weeks of lockdown, fuel price hikes are likely to stay till at least the end of June.

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News Network
March 6,2020

Mumbai, Mar 6: Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month.

Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well. At an ATM in south Mumbai's Horniman Circle, with the RBI headquarters overlooking it, the shutters were pulled down.

The guard on duty said the machine was non-operational before he reported to work late in the evening and he was ordered to shut it after 2200 hrs. In the residential area of suburban Chembur, one ATM was dispensing cash but had a long queue of anxious depositors.

One man said it was still possible to withdraw up to Rs 50,000 in multiple transactions from the machine.

However, another machine nearby had run dry within minutes of the RBI announcement, a woman said.

The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.

For the next month, Yes Bank will be led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

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News Network
May 12,2020

Ahmedabad, May 12: The Gujarat High Court on Tuesday declared state BJP minister Bhupendrasinh Chudasama's election in 2017 as void on grounds of malpractice and manipulation.

Justice Paresh Upadhyay cancelled Bhupendrasinh Chudasama's election in an order passed on a petition filed by Congress candidate Ashwin Rathod, challenging the BJP leader's victory from Dholka constituency by a margin of 327 votes in the 2017 Gujarat Assembly polls.

In his election petition, Ashwin Rathod alleged that Bhupendrasinh Chudasama indulged in "corrupt practice and breach of many of the mandatory instructions of the Election Commission, at various stages of the election process, more particularly at the time of counting of votes".

Bhupendrasinh Chudasama currently holds charge of the education, law and justice, legislative and parliamentary affairs, and some other departments in the Vijay Rupani government.

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