Congress backs Nitish Kumar, reaches out to Yeddyurappa

June 21, 2012

Nithish_Kumar

New Delhi, June 21: BJP biggies may have been the first to congratulate Pranab Mukherjee on his then still-rumoured move to Rashtrapati Bhavan, but the Congress decision to nominate him has created enough bitterness in the two camps that it is becoming a free-for-all.

The Congress has eagerly latched on to the Nitish Kumar-Narendra Modi tussle to egg on the Bihar CM to come out of the NDA. "We will definitely welcome if JD(U) leader Nitish Kumar leaves the NDA. He has rightly said that a country with such diverse cultures and beliefs needs a secular person at the top," AICC in-charge for Bihar Gulchain Singh Charak said.

Asked if he would be taken into the UPA, Charak said it would depend on Kumar accepting the UPA's common minimum programme.

The comment junked the Congress's caution on its political rivals on the grounds that it was seeking votes from all sections, possibly out of the realization that the BJP is sure to field its candidate. Charak's comment contrasted with the party's silence in the wake of Kumar's veiled jibe at Modi.

The bitterness appeared to stem from the BJP belying the Congress's hopes of backing its veteran and instead "poaching" on UPA ally NCP by getting P A Sangma to contest. The Congress seems riled by the BJP deputing Subramanian Swamy as the pointsman to coordinate with allies. He has been attacking party chief Sonia Gandhi.

The AICC could not hide its revulsion on Wednesday when spokesman Rashid Alvi waved off a query by saying, "Subramanian Swamy is irrelevant in Indian politics. I don't want to stoop so low to comment on him."

Observers think the contest could degenerate into a free-for-all. While personal attacks as in the last presidential poll is unlikely with Mukherjee in the fray, Congressmen feel the BJP will use the support for Sangma to bolster its grip on "tribals" and play on the northeast factor. A senior Congress leader said Sangma was the "next Najma Heptullah" with a Rajya Sabha nomination waiting for him.

But the Congress is enthused that saffron attempts to use the election to spread its support base has ended up showing chinks in the NDA's armour with the JD(U) and Shiv Sena breaking rank.

Also, it is reassured that the Trinamool is unlikely to support the BJP candidate despite being at war with the Congress. In fact, TMC's central minister Sultan Ahmed said Mukherjee was an option for the party while ruling out support for Sangma.

On the contrary, leaders wondered if Mukherjee's reported phone call to B S Yeddyurappa was an attempt to play on the faultlines in the Karnataka BJP unit. The former CM is at loggerheads with the official BJP faction led by Sadananda Gowda.

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News Network
April 25,2020

Chennai, Apr 25: Civic authorities on Saturday turned down a plea for exhuming the body of a doctor who died of COVID-19 here and burying it in another cemetery, citing health experts' view that it was unsafe to do so. Citing a request from the wife of the deceased doctor to allow exhumation and then re-burial at a cemetery in Kilpauk, the Greater Chennai Corporation said it sought a report from a committee of public health experts to ascertain the feasibility of entertaining her plea.

The spouse of the doctor had appealed to the GCC on April 22 to exhume and bury again her husband's body. She had said that burial in the Kilpauk cemetery here was her husband's last wish and he had conveyed it to her before he was put on a ventilator.

The report of experts has said that "it is not safe" to exhume and again bury the body of a COVID-19 victim and hence "it is not possible to accept her request," the GCC said in an official release. On April 19, a city-based 55-year-old neurosurgeon died of coronavirus and his burial at the Velangadu crematorium here was marred by violence.

A mob which falsely feared that the burial may lead to the spread of contagion had attacked the corporation health employees and associates of the deceased doctor. The doctor's wife and son also had to leave the burial ground in view of the violence.

The body was brought to Velangadu as people of Kilpauk area had opposed his burial there. Over a dozen men involved allegedly in violence were arrested and remanded to judicial custody. Later, in a video message, the surgeon's wife had said that it was her husband's last wish to be interred at the Kilpauk cemetery as per Christian rituals

Chief Minister K Palaniswami and DMK president M K Stalin had spoken to her on Wednesday over the phone and condoled her husband's death.

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News Network
June 5,2020

Jun 5: Underworld don Dawood Ibrahim and his wife Mahzabeen have tested positive for COVID-19, a top government source told CNN News 18. They were admitted to the Army Hospital in Karachi.

Some of Dawood's personal staff and guards have also been quarantined, the report said on Friday.

Dawood was the mastermind of the 1993 Mumbai blasts and is one of the most-wanted gangsters by India. He has allegedly been living in Pakistan but the neighbouring country has always refusing to accept it.

Earlier in the day, a senior diplomat of the American embassy in Pakistan has tested positive for the novel coronavirus, a media report said.

In a statement, the embassy's spokesman said that while maintaining the privacy, the name of the citizen would not be disclosed.

The US State Department is responsible to protect its citizens, wherever they are, the spokesman added. In coordination with the Pakistani authorities, the consulate is working to enforce the coronavirus protocol in order to stem its spread. The spokesman added that isolation wards, contact tracing and quarantine facility are part of such protocols.

Meanwhile, Pakistan has 89,249 COVID-19 cases and the death toll is 1,838.

 

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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