Don't mess with govt image: Modi's message to Smriti Irani

July 6, 2016

New Delhi, Jul 6: In the high decibel din of the Cabinet expansion and reshuffle of portfolios in the Narendra Modi government, the media seems to have forgotten about a certain BJP maverick MP – Subramanian Swamy – who until recently was its obsession. Where is he now in this celebration?

modisairathSwamy neither figures in the list of new inductees, nor does he seem to be throwing tantrums over his exclusion. Evidently, Swamy's antics of attacking the likes of RBI governor Raghuram Rajan, economic advisor Arvind Subramanian and other officials of the Finance Ministry turned out to be a misadventure. His snide remarks against Finance Minister Arun Jaitley was the final nail in the coffin of his aspirations to be a Union minister.

In his attempt to rejig the Cabinet, Prime Minister Narendra Modi has shown a distinct distaste for those with a penchant for courting controversy. Swamy's exclusion and Smriti Irani's removal from the human resource development (HRD) Ministry are indicative of a pattern.

Though unlike Swamy, Irani never crossed the Rubicon line of party discipline. Yet she found herself in the midst of many controversies related to her haughtiness with bureaucrats and academics – with Dalit scholar Rohith Vemula's suicide in Hyderabad and the JNU row marking crucial blows in her two-year tenure as HRD minister.

Though senior BJP leaders, including Modi, are quite impressed by Irani's political pugnacity, she seems to have lost out on moderation. In a recent conference of vice-chancellors of central universities, she ticked off seasoned academics in a very unpleasant manner.

Apparently the minister's conduct could not endear her to the bureaucracy and academics. On some occasions, she was seen courting controversies that may suit the image of a street-fighter, but not of a Union minister.

Contrast this with Prakash Javadekar, an unassuming leader from Maharashtra, who is the only one elevated in this Cabinet expansion – he is now the HRD minister, after relieving his post as the Environment Minister. All this, with Javadekar maintaining a low-profile while facilitating the industry to negotiate with environmental concerns.

Insiders say that Javadekar very deftly handled his assignment of aligning the regulatory regime of the environment Ministry with developmental concerns. He was rewarded with the HRD portfolio for efficiently implementing the government's agenda and for his pro-active role in the climate change talks in Paris. Given Javadekar's own training as Swayamsevak, his new assignment would only get wide approval within the Sangh Parivar.

If the reshuffle is any indication, then it is clear that the prime minister did not hesitate to clip the wings of those found falling short of his expectations. For instance, the communication portfolio was taken away from a voluble Ravi Shankar Prasad and given to Minister of State for Railway Manoj Sinha, as additional responsibility.

Sinha, an engineering graduate from Banaras Hindu University, won unqualified admiration for his efficiency, while maintaining a low-profile. Prasad was, however, given back the charge of the Law Ministry in view of his background as a lawyer – he replaced DV Sadananda Gowda, who had taken over the law ministry from Prasad back in 2014.

Modi has also plugged gaps in certain portfolios by appointing MJ Akbar in the Foreign Ministry and by deploying Ananth Kumar as Parliamentary Affairs Minister, along with SS Ahluwalia, to mobilise support from non-congress parties for the smooth conduct of Parliament.

The underlying theme of the Cabinet reshuffle is quite Biblical – 'meek shall inherit the earth'. This is the precise reason why Swami is left sulking. Similarly, a powerful leader like Yogi Adityanath in eastern UP was ignored, though the Cabinet expansion saw the accommodation of several leaders with influence at the local level. Modi also did not hesitate to axe Ram Shankar Katheria – as the junior HRD minister – as his controversial utterances had caused much consternation.

Taken together, the whole exercise conveyed that those inducted within the government would not be allowed to mess around with its image, either by their conduct or by their utterances.

The implied message was clear – that those having self-inflated notions about themselves can enjoy all the freedom of speech and expression, but while sitting outside the government.

Comments

Satyameva jayate
 - 
Thursday, 7 Jul 2016

This shows how modijis govt failed for the last two years with useless ministers.........they gave positions to the modijis schela' s and now suffering......let's see after two years what will be the change....may be this party will change the PM candidate itself......

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News Network
July 25,2020

Dubai, Jul 25: The founder of NMC Health, BR Shetty, has had a worldwide freezing order placed on his assets at the request of a lender that claims he has defaulted on a loan of more than $8 million (Dh29.4m).

The order was granted to Credit Europe Bank (Dubai) last month ahead of a claim filed at the DIFC Courts against Mr Shetty, New Medical Centre Trading and NMC Healthcare.

The lender said in its claim they “are jointly and severally liable” for the repayment of money initially secured through a credit agreement in December 2013 and renegotiated in December last year. Credit Europe Bank is an Amsterdam-headquartered institution specialising in trade and commodities finance with operations in nine countries.

The credit agreement was guaranteed by two security cheques which the bank said in its claim were signed by Mr Shetty – one drawn on his personal account and another on the account of New Medical Centre Trading – that have been "dishonoured upon presentation due to insufficient funds".

The bank claimed Mr Shetty “has now fled the jurisdiction of the UAE to India” and that there was a risk of his “substantial” assets in the Emirates being dissipated.

The assets frozen include properties in Abu Dhabi and Dubai, as well as shares in NMC Health, Finablr, BRS Investment Holdings and other companies. It allows for up to $7,000 per week to be spent on “ordinary living expenses and reasonable sum[s] on legal advice and representation”, a DIFC Courts document granting the freezing order shows.

Credit Europe Bank declined to comment when contacted by The National, stating it does not comment on ongoing litigation proceedings. Representatives for Mr Shetty and for NMC Healthcare, which is now being run by administrators Alvarez & Marsal, also declined to comment.

NMC Healthcare was founded by Mr Shetty in 1975 and grew from a single hospital into the UAE’s biggest privately-owned healthcare operator, which employed 2,000 doctors and 20,000 other staff. The company was listed on the London stock exchange and at its peak was valued at £8.58 billion (Dh40bn). However, its shares slumped after short seller Muddy Waters Research issued a report in December 2019 alleging the company had inflated its cash balances, overpaid for assets and understated its debts. This led to a string of damaging revelations by the company, including the fact that its debt was materially higher – at $6.6bn – than the $2.1bn on its balance sheet. NMC Healthcare was placed into administration in April by its biggest creditor, Abu Dhabi Commercial Bank, but its UAE businesses continue to trade as a going concern.

Mr Shetty said in a statement issued in April that he has been a victim of fraud committed by "a small group of current and former executives” at companies owned by him. He said bank accounts were created in his name and transactions were made without his knowledge, and that loans, cheques and bank transfers were also fraudulently guaranteed in his name using his forged signature.

In response to the claim filed by Credit Europe Bank (Dubai) at the DIFC Courts, Mr Shetty says he did not personally guarantee loans made to NMC Trading or NMC Healthcare and that the signatures used on cheques guaranteeing the loans are forgeries. His defence cites the opinion of “Dr Al Bah, an independent, experienced and qualified forensic document examiner”, that someone other than Mr Shetty signed the lending agreements and cheques.

An application by NMC Trading and NMC Healthcare to the DIFC Courts to have the claim against it heard in private for fear of triggering claims by other lenders – the group owes money to around 80 local, regional and international lenders – was dismissed, given that the appointment of administrators at the group and allegations of fraud at the company are already in the public domain.

Both companies have indicated to DIFC Courts that they intend to contest the claim against them.

Comments

UAE Muslim
 - 
Sunday, 26 Jul 2020

give money to RSS now to kill muslim....GOD will turn the table for moran like you BR,...shamed of tulu guy cheated the UAE govennment...not root in hell

ANONYMOUS
 - 
Saturday, 25 Jul 2020

amount should be 8 billion dollar and not 8 million dollar

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News Network
May 11,2020

May 11: The Karnataka government appears set to roll out red carpet welcome to foreign companies seeking to move out of China.

The State's Large and Medium Scale Industries Minister Jagadish Shettar said the Government plans to constitute a task force, under the Chairmanship of the Chief Secretary T M Vijay Bhaskar, to spearhead the drive to attract such investment. A proposal to this effect has been sent to the Chief Minister B S Yediyurappa for approval, the Minister told PTI in an interview.

This panel would take feedback and suggestions from a consultative committee to be formed with prominent industrialists from the State and representatives of various countries located here, Shettar said.

In recent days, the Minister held consultations with industrialists such as co-founder and Non-Executive Chairman of Infosys Ltd, Nandan M Nilekani, Executive Chairperson of Biocon Ltd, Kiran Mazumdar-Shaw and Chairman of early-stage startup accelerator and venture fund Axilor Ventures Senapathy (Kris) Gopalakrishnan to fine-tune the States outreach push.

Shettar also held interactions with industry bodies, including Confederation of Indian Industry (CII), the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), Bangalore Chamber of Industry and Commerce (BCIC) and Karnataka Small Scale Industries Association (KASSIA).

Industrialists who took part in the deliberations suggested to the government to focus on ease of doing business and improving the single window clearance system for approvals, as the Minister spelt out government's intent of further improving the investment climate to attract industries to Karnataka.

To boost the industry sentiment in the State, they also stressed the need on easing land acquisition regulations, and leveraging the knowledge base of Bengaluru to promote technology-based manufacturing.

"Given the interest shown by some companies in moving their manufacturing bases out of China, the industry leaders recommended that the State government identify a target list of 100 firms to reach out to for attracting to the State, and work out a strategy to bring them to Karnataka," an Industry department official said.

The industry leaders assured cooperation from the private sector in reaching out to and facilitating interactions with CEOs of these companies.

Shettar said restrictions on acquisition of agriculture land for starting industries have now been relaxed with the passage of an amendment to the land reforms act in the recent Legislature session.

This would facilitate immediate land allotment to industries, he added.

The Minister has also submitted a proposal to the Chief Minister on relaxing labour laws.

Secretary General of industry body ASSOCHAM, Deepak Sood, told news agency recently that there is a broader consensus that the global manufacturing supply chain would be more spread than concentrated in major economies like China.

"If India comes out of the present crisis with minimum of impact, we can be the destination of choice for the global manufacturing giants in different sectors like electronics, computer hardware, pharmaceuticals, including medical devices, automobile, including components and other engineering products," Sood had said.

Gopalakrishnan, also co-founder of Infosys and former CII President, said India has to target companies which have operations in China, reach out to them, understand what their needs are and hold discussions with them.

"We have to make sure that their requirements are addressed, be it with regard to land, office space, faster approvals, and some concessions on local taxes. It depends on the businesses that the companies are in, and if we are able to respond to those requests, I think we will be able to attract them", he told news agency.

"All states will compete for this business (foreign investment)," Gopalakrishnan added.

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News Network
April 17,2020

Madikeri, Apr 17: A person who had returned from Spain in March was subjected to home quarantine on Thursday in Sowarpet in Kodagu district.

The person had arrived at Bengaluru on March 16 and went to Balele. Yesterday, he came to his estate house in Kumburu village in Somwarpet.

Availing the information, Tahsildar Govindaraju, police officials and health department staff visited the spot and gathered the necessary information.

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