Congress Hits Back At PM Modi Over 'Industrialists' Remark

Agencies
July 30, 2018

New Delhi, Jul 30: The Congress questioned the remark of Narendra Modi that he does not mind standing next to businessmen, asking whether the industrialists the prime minister was referring to were the ones accused in bank scams.

PM Modi attacked opposition parties for dubbing industrialists as "chor" (thief) and "luterey" (looters), saying "We are not those who are scared of standing next to businessmen."

He said like farmers, bankers, government employees and labourers, industrialists also contribute to the development of the country.

Hitting back at PM Modi, Congress spokesperson Manish Tewari said, "The question is not industrialists or businessmen, but what kind of businessmen... People who ripped the banking system and went to Antigua and London -- if he is okay with getting clicked with them then I leave it to his wisdom."

He also said the Congress was not against industrialists but crony capitalism.

Addressing an event in Lucknow, the prime minister said, "You cannot have blot on you simply by standing with anyone if your intentions are good and clear."

"Gandhiji's (Mahatma Gandhi) intentions were so pure that he never hesitated in staying with the Birla family," the prime minister said.

"Public mey milna nahi, parde ke peeche sab kuch karna hai. Woh dartey rahtey hain, (Those who do not meet publicly and do everything behind curtains remain scared)," he said.

Mr Tewari felt that by referring to Mahatma Gandhi, PM Modi had insulted the father of the nation.

"It is unfortunate that he compared himself with the father of the nation. The PM said Gandhiji too kept industrialists with him. But I again ask what kind of industrialists... They staked everything to fight the British along with Gandhiji," he said.

AICC in-charge of communications Randeep Singh Surjewala said  Congress does not need certificates from the prime minister about industrialisation.

"In 60 years of Cong Govt, Industrial Production in India showed a compound growth rate of 6%. It is 3.3% in May 2018 ... Difference is- Making Industry Partner in Progress V/S Making Cronies Profiteer from Exchequer!" he tweeted.

 In another tweet he alleged that the prime minister's political career "reeks of a culture of cronyism".

"From giving land to your crony friends at throwaway prices in Guj to GSCPC Scam,from promoting select mobile wallets in DeMo to gifting Largest Defence Contract in Rafael! So spare us the lecture!" he said.

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News Network
July 5,2020

New Delhi, Jul 5: World's largest, 10,000-bed Sardar Patel COVID Care Centre and Hospital (SPCCCH) at Radha Soami Satsang Beas in Chhatarpur area of the national capital has made operational on Sunday.

Inaugurated by Lieutenant Governor of Delhi, Anil Baijal, the facility has been created on an emergency basis by the South Delhi District Administration with support of the Ministry of Home Affairs in a record time of 10 days.
Notably, this coronavirus treatment centre which is set up in Chhatarpur area of the national capital is said to be the "largest" of its kind in the world.
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"The Sardar Patel COVID Care Centre and Hospital has been developed to help the citizens of Delhi and NCR who are affected by the coronavirus. Our team of doctors and medical staffs will take care of this facility. Sardar Patel COVID Care Centre and Hospital will have 10 per cent of beds with oxygen facility," the Delhi LG said after the inaugural.
Talking about the facilities at the new coronavirus centre, Baijal further stated, "We have counsellors for mentally traumatised patients. We have a team of good psychiatrists and specialists in medicine."

The facility will function as an isolation centre for mild and asymptomatic COVID positive patients. 10 per cent of the beds will have oxygen facility in case the patient develops severe breathlessness and requires tertiary hospital care, read a statement.

Operationally, the facility has been linked to the Deen Dayal Upadhyay Hospital and Madan Mohan Malviya Hospital. The referral tertiary care hospitals are Lok Nayak Jai Prakash Narayan Hospital and Rajiv Gandhi Super Speciality Hospital.

ITBP will be running the first 2,000 beds with their 170 doctors/specialists and more than 700 nurses and paramedics, the statement added.
Most of the basic infrastructure such as beds, mattresses and linen has been donated by various civil society organisations and non-governmental organisations. 

A recreational centre has been made available to the patients along with a library, board games and skipping ropes. People admitted to the facility will be provided five healthy meals a day along with immunity-boosting chawanprash, juices and hot kadha, the statement added.

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News Network
March 29,2020

New Delhi, Mar 29: The Centre on Sunday asked state governments and Union Territory administrations to effectively seal state and district borders to stop movements of migrant workers during lockdown, officials said.

During a video conference with Chief Secretaries and DGPs, Cabinet Secretary Rajiv Gauba and Union Home Secretary Ajay Bhalla asked them to ensure that there is no movement of people across cities or on highways as the lockdown continues.

"There has been movement of migrant workers in some parts of the country. Directions were issued that district and state borders should be effectively sealed," a government official said.

States were directed to ensure there is no movement of people across cities or on highways.

Only movement of goods should be allowed.

District Magistrates and SPs should be made personally responsible for implementation of these directions, the official said.

Adequate arrangements for food and shelter of poor and needy people including migrant labourers be made at the place of their work, the official said.

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Agencies
June 16,2020

Mumbai, Jun 16: Saudi Arabia’s sovereign wealth fund, PIF, is all set to pick up a stake in Jio Platforms, which would complete 25% of Jio’s equity dilution to the investors, said a report by the Gulf News.

Jio Platforms is part of the Reliance Industries empire owned by Mukesh Ambani. The Public Investment Fund (PIF) will acquire 2.33% for an estimated $1.5 billion, the report said.

So far, Jio Platforms has raised investment from 10 different global investors in seven weeks, the latest being TPG Capital buying 0.93% equity for Rs 4,547 crore and private equity firm L Catterton picking up a 0.39% stake for Rs 1894.50 crore.

Jio Platforms has raised a total of Rs 1.04 lakh crore so far from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton since April 22.

With PIF coming on board, Jio Platforms would have diluted 25% of its equity. That's the maximum they intend to dilute to financial investors, which includes Mark Zukerberg's Facebook.

Any new investors coming on board in future will have to be "strategic investors, a tech giant, for instance," said a source who was part of the deal-making process, the report said.

In recent days, Jio Platforms, which will merge telecom, content streaming, gaming and ecommerce features into its app, has seen Abu Dhabi's Mubadala and ADIA pick up significant stakes amounting to $1.2 billion and $750 million, respectively.

Reliance Industries' owner, Ambani, Asia's richest man, has been on an investor acquisition spree, with the likes of Facebook and private equity majors such as KKR and Silver Lake Capital investing in Jio Platforms.

The contours of the deal with Saudi Arabia's PIF was finalised during Ramadan. "It was always Mukesh Ambani's wish to have a special relationship with Saudi Arabia and the UAE," said Anshuman Mishra, a London-based confidante and family friend of the Ambani family of longstanding, Gulf News quoted as saying.

He has also worked extensively with Gulf sovereign wealth funds over the years.

"Saudi Arabia's coming in to close the financial investor round in Jio is indicative of the special nature of the relationship. This is also indicative of the multi-billion-dollar partnership announced last year with Saudi Aramco.

"This is a major success for the present Indian government's foreign policy initiative in the gulf and symbolic of India's significance in the GCC," it said.

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