Core values of tolerance, plurality cannot be wasted: Pranab Mukherjee

October 7, 2015

New Delhi, Oct 7: President Pranab Mukherjee today said the core values of diversity, tolerance and plurality of Indian civilisation must be kept in mind and cannot be allowed to be wasted, in remarks that come against the backdrop of the Dadri lynching over rumours of beef eating.pranab mukherjee

"I firmly believe that we cannot allow the core values of our civilization to be wasted and the core values is what over the years the civilization celebrated diversity, promoted and advocated tolerance, endurance and plurality.

"These core civilization values keep us together over the centuries. Many ancient civilizations have fallen. But that is right that aggression after aggression, long foreign rule, the Indian civilization has survived because of its core civilizational values and we must keep that in mind. And if we keep those core values in mind, nothing can prevent our democracy to move," he said.

The President’s remarks come in the wake of lynching of a 50-year-old man in Dadri, Uttar Pradesh by an enraged mob over rumours that he stored and consumed beef, which has sparked an outrage across the country.

The President was handed over a coffee-table book on him at a function at the Rashtrapati Bhawan here. The book written by Prabhu Chawla, Editorial Director of New Indian Express, was released by Vice President Hamid Ansari.

Home Minister Rajnath Singh. Union Minister Mukhtar Abbas Naqvi, Delhi Chief Minister Arvind Kejriwal, Leader of Opposition in Rajya Sabha Ghulam Nabi Azad, fromer Jammu and Kashmir Chief Minister Farooq Abdullah and MPs were also present at the function.

In his brief 15-minute address, Mukherjee said being a political leader all along he felt shy speaking at such an occasion where a book on him was written.

He said the country has made tremendous progress in many sectors and there is no limit to doing more.

"There is no limit. We will have to do much more," he said.

He added that there is no end to work in the President's office which is considered stricly Constitutional and recalled how his friends jokingly commented that he would not have anything much to do in the post.

"I in my own way am making my contribution to make the country more important... After three years of coming here, I recognise that much more is to be done. There is no end to working in the President's office, which is considered strictly constitutional," he said.

Lauding the strength of democracy in the country, the President said its electorate decisively decided to put an end to the era of coalition and gave a single party government.

"Despite their diversity and despite having a long period of absence of single party majority, the Indian electorate decisively decided to make an end of that. Many of us thought that perhaps an era of ccoaltion has reached and that no single party would ever come (to power).

"In true sense, the marvel of Indian democracy has its own strength and we must celebrate that," he said.

He said he has closely seen many important events in the country happen before him right from the first election when people wondered how an election covering 350 million people can take place smoothly, to the last one.

He also recalled his days when he entered Parliament as a member of the Rajya Sabha during a "turbulent period" when Congress faced a major crisis over bank nationalisation and eventually split.

The President also recalled his mother telling him to go to school walking 10 kms everyday and that impacted his mind to strive hard when there is "no option".

He lauded the work of Prabhu Chawla, who along with his team put the book together, describing it as a "gift" from his friends and near and dear ones.

Ansari said the book is a small tribute to an eminent personality, who has a range of experience and depth of understanding issues.

Praising the book, Rajnath Singh said to put Mukherjee's life in a book is difficult to do so for such a personality who has not been in politics only to be in power and one who had strived successfully to bring about consensus in Parliament on many issues.

"He played the most important role in bringing about consensus," the Home Minister said.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
February 5,2020

New Delhi, Feb 5: Kapil Baisala who opened fired at the Shaheen Bagh protest site last week is a member of the Aam Aadmi Party, police said on Tuesday, sparking a war of words between the BJP and the AAP.

While the BJP accused Chief Minister Arvind Kejriwal of "playing" with the security of the country, the AAP hit back, stating the saffron party was indulging "dirty politics".

Deputy Commissioner of Police (Crime Branch) Rajesh Deo said that Baisala and his father joined the AAP in early 2019.

Baisala's family, however, refuted the police's claim.

Kapil Baisala's uncle Fatesh Singh told PTI, "I have no idea where these photographs are circulating from. My nephew Kapil had no association with any political party nor does any other member from the family. My brother, Gaje Singh, (Baisala's father) fought assembly elections in 2008 on a Bahujan Samaj Party ticket and lost. After that no one from our family had any links with any political party."

Singh added that Baisala also doesn't have friends associated with the AAP or any other political party.

Gaje had also contested the 2012 civic body polls from the BSP, the police said.

The police officer said they seized Baisala's mobile phone and retrieved WhatsApp data.

On Saturday, Baisala fired two rounds in air at Shaheen Bagh. According to eyewitnesses, the man shouted "Hindu Rashtra Zindabad" and fired two rounds.

He was overpowered by the police and later arrested.

In the pictures, it was seen that he and his father joined the party in the presence of Atishi Marlena, Sanjay Singh and other leaders, sources said.

The police said on Thursday, Baisala, along with his friend Sarthak Larolla, went to Shaheen Bagh from his village on a bike.

Through CCTV footage, it was found they took the DND flyover, Maharani Bagh, Sarai Jullena and reached Holy Family hospital, a senior police officer said.

"Baisala was not comfortable on the bike as he had hidden the pistol near his waist. They entered the hospital's parking where he adjusted the pistol, used the washroom and headed towards Shaheen Bagh," the senior official added.

When they reached the protest site, Larolla left the spot with the motorcycle and Baisala's mobile phone. Later, Baisala fired two rounds in the air and was apprehended. The weapon was recovered from near the spot, the police said.

Larolla joined the investigation and the mobile phone was seized from his residence.

Baisala has been remanded to police remand for two days.

He had bought the pistol around seven years ago for his brother's marriage. The source of the weapon from where he procured it is yet to identified, police said.

The sources said Baisala was previously also involved in firing incident but was never caught nor was a case registered against him.

Hitting out at the AAP, BJP president J P Nadda accused Kejriwal of playing with the security of the country and said that the people will give the party a befitting reply.

"I want to make clear to Kejriwal that this country is bigger than any election, any government, and the country will not forgive those who play with its security. The people of Delhi will give a befitting reply," Nadda tweeted.

Senior AAP leader Sanjay Singh asked on whose directions was the Delhi Police accusing his party.

"Before the police revealed it (Baisala being an AAP member), how did BJP's Delhi president Manoj Tiwari come to know about it," Singh asked and accused the police of maligning the party.

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Agencies
August 3,2020

New Delhi, Aug 3: India's COVID-19 tally crossed the 18 lakh mark with 52,972 positive cases and 771 deaths reported in the last 24 hours.

The total COVID-19 cases stand at 18,03,696 including 5,79,357 active cases, 11,86,203 cured/discharged/migrated and 38,135 deaths," said the Union Ministry of Health and Family Welfare on Monday.

As per the data provided by the Health Ministry, Maharashtra -- the worst affected state from the infection -- has a total of 1,48,843 active cases and 15,576 deaths. A total of 4,41,228 coronavirus cases have been recorded in the state up to Sunday.

Tamil Nadu has reported a total of 56,998 active cases and 4,132 deaths. While Delhi has recorded 10,356 active cases, 1,23,317 recovered/discharged/migrated cases and 4,004 deaths.

The COVID-19 samples tested across the country has crossed the 2 crore mark till August 2.

The total number of COVID-19 samples tested up to August 2 is 2,02,02,858 including 3,81,027 tests that were conducted yesterday, said Indian Council of Medical Research (ICMR) on Monday. 

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