Congress can never die, India needs it: Ashok Gehlot

Agencies
May 25, 2019

New Delhi, May 24: The Congress can never die and the country needs it, Rajasthan Chief Minister Ashok Gehlot asserted on Friday and said the party will again reach out to people to ascertain the reasons for its drubbing in the Lok Sabha polls.

The senior Congress leader said the BJP played on emotions and sentiments of the people and never fought on real issues.

During the election campaign, the people never got to know the BJP's vision for the country and stand on issues such as unemployment, farm distress and economy, he said.

The Rajasthan chief minister said the people's mandate in a democracy is important and his party accepts it with humility, but expressed his anguish at the manner in which the BJP rode to victory banking on religion, caste and nationalism instead of relying on issues of the people.

"People's mandate in a democracy is topmost and the Congress has protected it all these 70 years since Independence and accepted it with humility. I am pained that in this election the campaign was not issue-based and there was nothing for the farmers, poor, villages, backwards, Dalits and there was no discussion on providing jobs to youths," he told news agency.

"The BJP did politics only on religion, caste, nationalism and the bravery of soldiers. Rahul Gandhi did a lot to try and make the campaign issue-based. But, no vision for future was given and no achievements were listed and the BJP won over people by speaking lies. People got swayed and voted for them," he said.

Gehlot, in whose state the Congress got wiped out and his son lost in Jodhpur, recalled the time when former prime minister Indira Gandhi lost in 1977 but steered the party back to victory three years later.

"The Congress is in the same position as it was when Indira Gandhi had lost. But, she won back the mandate of people and the party ruled for over 25 years. While victory and defeat are part of democracy, but we would want that in the future the campaign should not go the way it has gone in this election," he said.

The senior Congress leader said "sabka saath, sabka vikas" means something else for the BJP, but for the Congress its true meaning is that people of all religions, castes, creed and groups should be united and their progress should be ensured.

He said party chief Rahul Gandhi has said that it is a fight for ideology and there is no personal animosity with the BJP.

"In this election, the mandate has not been given on the basis of ideologies, it is given by invoking the sentiments and emotions of people and only time will tell whether they stand on the hopes and aspirations of people," he said.

Gehlot said the Congress has made a huge contribution in the nation's development.

"The Congress can never die in this country. Today, the country needs Congress and even with such less numbers the Congress played the role of the opposition in a befitting manner. In the last five years, the Congress despite having (just) 44 MPs did not let the country know that it is weak," he said, lauding Rahul Gandhi's leadership.

"The way he cornered Modi and the BJP on various issues such as unkept promises, jobs, development and farm crisis...but no reply came (from the government and the entire country saw this. The Congress has a future in the country and the new generation which has been misled by the BJP will realise which kind of ideology and policies are required to take the country forward," he said.

The BJP won 303 of the 542 parliamentary seats. The Congress bagged just 52, two less than it needs for a Leader of Opposition post in the lower house and marginally more than the 44 it got in the last general elections.

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News Network
April 13,2020

Thiruvananthapuram, Apr 13: Three more people in Kerala tested positive for novel coronavirus disease on Monday, said Chief Minister Pinarayi Vijayan.

"With 3 new COVID-19 cases, the total number of cases in the state has reached 378," said Vijayan at a press conference.

Giving a break-up of the three confirmed COVID-19 cases, he said, "Of the 3 cases, 2 are from Kannur and 1 is from Palakkad."

He further said, "Till date, 15,683 samples tested, out of which 14,829 tested negative."

However, the total number of positive cases is decreasing, the Chief Minister added.

According to a recent update by the Ministery of Health and Family Welfare, the total number of cases in the country has reached 9352.

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News Network
April 2,2020

Chandigarh, April 2: A 59-year-old woman and her 10-month-old granddaughter have tested positive for novel coronavirus in Chandigarh on Thursday.

According to the Chandigarh Health Department, they are family contacts of the NRI couple that tested positive for COVID-19 earlier.
With this, the total cases in the Union Territory rose to 18.

The total number of confirmed COVID-19 cases in the country climbed to 1,965 on Thursday, after as many as 328 new cases were reported, said the Union Ministry of Health and Family Welfare. So far, at least 50 people have lost their lives due to the virus.

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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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