Either Article 370 will exist, or J&K won't be a part of India, Omar Abdullah tweets

May 27, 2014

New Delhi, May 27: A statement by minister of state in the Prime Minister's Office, Jitendra Singh, on Tuesday sparked the new government's first controversy when he said the Narendra Modi government was open to debate on Article 370 in Jammu & Kashmir,while making it clear that efforts would be made through this exercise to "convince" the "unconvinced".omar

Soon after, Jammu & Kashmir chief minister Omar Abdullah strongly objected to the minister's statement and tweeted, "So the new MOS PMO says process/discussions to revoke Art 370 have started. Wow, that was a quick beginning. Not sure who is talking."

He went on to add, "Mark my words & save this tweet - long after Modi Govt is a distant memory either J&K won't be part of India or Art 370 will still exist."

"Art 370 is the ONLY constitutional link between J&K & rest of India. Talk of revocation of not just ill informed it's irresponsible," he added.

NDTV later quoted Jitendra Singh as saying, "the statement on Article 370 has been misquoted, the controversy is totally baseless,"

Repeating the stand of Modi during his rally in December last year, Singh, a first time Parliament member and a surprise choice as minister of state in the PMO, had earlier in the day said, "his (Modi's) intention and that of the government is that we have a debate so that we can convince the unconvinced about the disadvantages of Article 370," PTI reported.

"If we do not have debate and discussion how would you be able to tell those who have been unable to understand what they have been deprived of on account of Article 370," he said after taking over as minister of state in-charge of department of personnel and training, which has administrative control over the CBI.

57-year-old Singh said Article 370 was more of a psychological barrier than a physical one and added that the Modi-led government was open to debate with all stakeholders, including youths, pros and cons of retaining or withdrawing the Article.

Singh said Modi supports debate on Article 370 keeping in mind democratic values. "The Prime Minister had said we want to have a debate. This does not mean that we want to have a debate because certain section of media interpreted that Prime Minister deviated from its stand. It's not so. He said so with respect to the highest values of democratic system."

Singh, a doctor by profession, noted that BJP has won half of the six Lok Sabha seats from Jammu & Kashmir. "You see BJP has won half of the seats in Parliament from J&K. While BJP won three seats, PDP bagged the remaining three.

"If you take voter account, we have more that 50 per cent vote share, he said."

Singh said his party has been inviting all stakeholders to get on board and succeeded to a greater extent in the Valley particularly with the youth. He said people in J&K need to have an outlet. "A mainstream opposition outlet to dissent which we would not stifle because if you stifle that, that will lead them to an undemocratic outlet.

"But within that framework we also want to explain to them how they have been deprived of enormous advantage which the other states of this country have enjoyed because they were not under the constraint of Article 370. Please remember that Article 370 off late has been more of a psychological barrier than a physical barrier," he said.

Singh, who won from Udhampur constituency in Jammu & Kashmir, said the BJP has already gained considerable success through its discussion with all stakeholders on Article 370.

"We have tried to interact with them (stakeholders) through media, through discussion and through seminars. We have already gained considerable success in this," the minister said.

Asked whether discussions have been held with Kashmiri youths and separatists, Singh said the process is already on.

"No youth has separatist written on his forehead. We have tried to convince the youths of Kashmir that look here if you have a grievance against the Government of India, that does not necessarily make you a separatist and if it is done then it is unfair to them," said Singh.

Singh said J&K has come out of a difficult phase of militancy which was there for last 20-25 years and it appears that there is normalcy. "Our efforts will be to support it. The youth section there is demoralized due to unemployment and many other reasons, due to militancy.

"Our efforts would be to ensure sufficient opportunities of employment to them. For example, Narendra Modi has clearly said that he will take forward the initiatives started by the then Prime Minister Atal Bihari Vajpayee with regard to J&K," he said.

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News Network
March 18,2020

New Delhi, Mar 18: As many as 276 Indians have been infected with coronavirus abroad, including 255 in Iran, 12 in UAE and five in Italy, the government informed the Lok Sabha on Wednesday.

In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the total number of Indians infected by coronavirus is 276 — 255 in Iran, 12 in UAE, five in Italy, and one each in Hong Kong, Kuwait, Rwanda and Sri Lanka.

A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases detected.

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News Network
June 27,2020

New Delhi, Jun 27: Fuel prices were hiked by the oil marketing companies for the 21st day in a row on Saturday. Petrol and diesel will now cost Rs 80.38/litre and Rs 80.40/litre respectively in the national capital.

The price of petrol is increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre.
Rates differ from state to state depending on the incidence of value-added tax (VAT).

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

The Congress party had called the increase in the price of petrol and diesel 'unjust', 'thoughtless' and demanded from the Central government to roll back increase with immediate effect and pass on the benefit of low oil prices directly to the citizens of this country.
In an official statement, the Congress Working Committee (CWC) had said that no government should levy and impose such unacceptable strain on its people.

Before the nation entered the lockdown, the average price of petrol and diesel in Delhi was Rs 69.60 per litre and Rs 62.30 per litre respectively.

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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