Delhi headed for fresh polls

November 4, 2014

New Delhi, Nov 4: Delhi appears headed for a mid-term Assembly election after all the major political parties — the BJP, Congress and the Aam Aadmi Party (AAP) — on Monday expressed their inability to form a government.

JungLt. Governor Najeeb Jung is likely to send a report to the President recommending dissolution of the Assembly, ending the eight-month-long political uncertainty. The Assembly has been in suspended animation ever since President’s Rule was imposed in mid-February.

Mr. Jung had called the political parties for a consultation to explore the possibility of government formation. In separate meetings with him, all the three parties said they do not have the numbers to form a new government and sought fresh polls.

Top BJP sources said the party had taken “an in-principle” decision not to take a shot at government formation and the Central leadership had already conveyed to the Delhi unit to start preparations for fresh polls. “The party has decided to decline any offer of government formation. We will prefer going to the polls,” a senior party leader in Delhi said.

Delhi BJP president Satish Upadhyay and senior leader Jagdish Mukhi met the L-G in the morning and are understood to have conveyed the party’s view on the political situation. With 31 seats, the BJP had emerged as the single largest party in the elections last December, falling four short of a simple majority.

Congress and AAP leaders met the L-G later in the day and expressed their desire for fresh polls, along with the elections in Jharkhand and Jammu and Kashmir starting November-end.

Senior AAP leader Manish Sisodia said the party’s stand, of dissolving the Assembly, was the same as it was eight months ago.

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News Network
June 30,2020

New Delhi, Jun 30: The Home Ministry on Monday issued guidelines for 'Unlock 2.0' phase across country between July 1 and July 31. The report stated that COVID-19 lockdown shall continue to remain in force in containment zones till July 31. In containment zones, only essential activities to be allowed. The government's guidelines come on a day when Maharashtra and Tamil Nadu extended lockdowns in their respective states to July 31.

Unlock 2.0 Guidelines:

•   Schools, colleges, educational institutes wil remain closed till July 31. Online/distance learning shall continue to be permitted and shall be encouraged

•   Lockdown shall continue to remain in force in containment zones till July 31st.  In containment zones, only essential activities to be allowed.

•   Night Curfew shall continue to remain in force, between 10:00 pm and 5:00 am, except for essential activities and other relaxations.

•   Social/ political/ sports/ entertainment/ academic/ cultural/ religious functions and other large congregations remain prohibited.

•   International air travel, except as allowed by MHA, will also remain barred.

•   Shops depending upon their area, can have more than 5 persons at a time. However, they have to maintain adequate physical distance.

•   Training institutions of the central and state governments will be allowed to function with effect from July 15 and SOP in this regard will be issued by the Department of Personnel and Training.

Meanwhile, Union Home Secretary Ajay Bhalla wrote to Chief Secretaries of all states and UTs, urging them to ensure compliance of Unlock 2 guidelines and direct all concerned authorities for their strict implementation.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
March 26,2020

Jaipur, Mar 26: Two new COVID-19 positive cases were registered in Rajasthan taking the total number of coronavirus cases to 38 in the state.
The Union Health Ministry had on Wednesday reported 606 positive COVID-19 cases in India including 43 foreign nationals.

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