Economy rejuvenated, trust in govt restored, claims Modi

May 26, 2015

New Delhi, May 26: Completing one year in office, Prime Minister Narendra Modi today enlisted the work done by his government, ranging from rejuvenating the economy to initiatives for the poor, and said this is just the beginning in the endeavour to transform the quality of life of people.

Economy rejuvenatedIn an open letter to the people, he said, "we have been able to restore trust in the government", ensure a "corruption-free" rule and made state governments equal partners in the quest for national development, building the spirit of Team India.

Modi said he had devoted every element of his "body and spirit" in fulfilling with fullest sincerity and honesty the responsibility and honour entrusted by people a year ago in him of serving them as "pradhan sevak" (prime worker).

"We assumed office at a time when confidence in India story was waning. Unabated corruption and indecisiveness had paralysed the government. People had been left helpless against ever-climbing inflation and economic insecurity.

"Urgent and decisive action was needed," Modi said.

While presenting the report-card of one year in office, he said his government systematically went about addressing these challenges.

Runaway prices were immediately brought under control.

The languishing economy was rejuvenated, building on stable and policy-driven proactive governance, the Prime Minister said.

He said discretionary allotment of the country's precious natural resources to a chosen few was replaced with transparent auction and firm steps were taken against black money, from setting up an SIT and passing a stringent black money law, to generating international consensus against the same.

Uncompromising adherence to the principle of purity, in action as well as intent, ensured a corruption-free government, he said.

Significant changes have been brought about in the work culture, nurturing a combination of empathy as well as professionalism, systems as well as breaking of silos, Modi said.

Modi said state governments have been made equal partners in the quest for national development, building the spirit of Team India.

Most importantly, "we have been able to restore trust in the government".

The Prime Minister also said that his government is dedicated to the poor, marginalised and those left behind as it is guided by the principle of Antyodaya .

"We are working towards empowering them to become our soldiers in the war against poverty," he said.

Modi said numerous measures and schemes have been initiated from making school toilets to setting up IITs, IIMs and AIIMS, from providing vaccination cover to children to initiating a people-driven Swacch Bharat mission, from ensuring a minimum pension to labourers to providing social security to the common man, from enhancing support to farmers hit by natural calamities to defending their interests at WTO.

He also mentioned other initiatives like empowering one and all with the rule on self-attestation to delivering subsidies directly to people's banks, from universalising the banking system to funding the unfunded small businesses, from irrigating fields to rejuvenating "Ma Ganga".

Modi listed efforts towards 24x7 power, connecting the nation through road and rail, building homes for the homeless, setting up smart cities, connecting the North East and prioritising development of eastern India.

"Friends, this is just the beginning.

"Our objective is to transform quality of life, infrastructure and services. Together we shall build the India of your dreams and that of our freedom fighters.

"In this, I seek your blessings and continued support," he concluded.

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News Network
March 28,2020

New Delhi, Mar 28: The total number of coronavirus positive cases in the country has risen to 918 that include foreign nationals, the Ministry of Health and Family Welfare said on Saturday.

The ministry said: "The total positive cases of coronavirus are 918. The active COVID-19 cases are 819. Cured and discharged are 79. While 19 deaths have occurred so far. One person with COVID-19 migrated. As many as 15,24,266 passengers were screened at airports."

Prime Minister Narendra Modi on Tuesday announced a 21-day lockdown in the entire country to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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Agencies
February 18,2020

Mumbai, Feb 18: A group of citizens on Tuesday demanded a thorough inquiry into the death of special CBI judge Brijgopal Harkishan Loya in 2014.

The group has written a letter to Maharashtra Chief Minister Uddhav Thackeray, seeking a time-bound probe into the death of Loya.

Loya, who was hearing the high-profile Sohrabuddin Sheikh fake encounter case of Gujarat, died of a cardiac arrest in Nagpur on December 1, 2014, when he had gone to attend the wedding of a colleague's daughter.

Social activist Ashok Pai, addressing a press conference on behalf of the group, also demanded proper compensation for the judge's family, saying he was on an "official" tour.

Pai said on Tuesday he met NCP president Sharad Pawar, whose party is a key constituent of the Maha Vikas Aghadi (MVA) government in Maharashtra, and raised these demands with him.

Pawar assured to look into the demands, he said at the press conference at the Mumbai Marathi Patrakar Sangh.

"We have handed over a letter to Maharashtra Assembly speaker Nana Patole and dispatched a copy of the letter to Chief Minister Uddhav Thackeray (seeking a probe into Loya's death)," Pai said.

As the matter relates to "mysterious" death of a sitting judge of the CBI, all facts about it must be made public after a detailed and time-bound probe, Pai said.

The Loya death case had reached the Supreme Court.

The Supreme Court had held that Loya had died of "natural causes" and had rejected PILs seeking an SIT probe into the death, questioning their motive.

The SC had held that petitions were moved by political rivals to settle scores which was a serious attempt to scandalise the judiciary and obstruct the course of justice through a "frontal attack" on its independence.

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