Farmers’ agitation calls off but resentment brews; demand for loan waiver stands

Agencies
October 3, 2018

New Delhi, Oct 3: The Tikait-led Bhartiya Kisan Union agitation has been called off but resentment is simmering in the ranks as the government remained non-committal on the major demands for waiver of unpaid farm loans, implementation of Swaminathan Commission recommendations on minimum support price, rehabilitation of families of farmers who have committed suicide and review of the terms of the Pradhan Mantri Fasal Bima Yojna. 

The huge arrears towards sugarcane growers is also a major issue, although the Centre and Uttar Pradesh government have taken steps to enhance the liquidity position of millers to pay off farmers.

BKU top leadership told the UNI here on Wednesday that 'we have been given assurances on our demands but on the major ones, the government is non-committal." Most importantly, during the meeting with Union Home Minister Rajnath Singh on Tuesday, the Centre has assured the BKU that it will keep official procurement centres open for 90 days to enable farmers to sell their produce at mandis. They expect the minimum 'boli’ at the government-pronounced MSP, and not lower than that.

Among others who attended that meeting were BKU leaders Naresh and Rakesh Tikait, BKU Convenor Yudhvir Singh and farmer leaders from Punjab, Haryana, UP, Rajasthan, Madhya Pradesh, Karnatka, Tamil Nadu and Kerala.

Although the government assured farmers of higher MSP for next rabi marketing season, they are unhappy at the manner in which the MSP is being fixed which is not as per the recommendation of the Swaminathan Commission Report.

The demands on which BKU received assurances included lifting NGT ban on 10-year-old tractors, linking MGNREGA to farming, levying minimum GST of five per cent on farm equipment including tractor-tyres, equal pension for senior farmers and farm labours. 

Several farmers expressed their unhappiness at the manner in they were stopped at the Delhi-UP border at Ghazipur on Tuesday when they were marching peacefully to Rajghat and Kisan ghat even though the administration was aware of their rally.

The farmers' march had begun at Haridwar on September 23 and was to end on the 150th birth anniversary of Mahatma Gandhi at Rajghat.

“If we can’t tell our woes to the government, then to whom should we? Ours was a peaceful procession, then where was the provocation to use force, tear-gas and lathi-charge us? This shows that this government does not care for farmers,’’ was the common refrain of several farmers.

Use of force by police causing injury to several farmers at the border drew wide criticism following which the government allowed them to enter Delhi early Wednesday morning. That it happened on the birth anniversary of the Apostle of Peace made it look worse for the government.

After paying homage at Rajghat and Kisan ghat (Choudhary Charan Singh’s memorial), the agitating farmers headed back home.

Their hope now lies with the joint committee set up by the government to look at their major demands, they 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
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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News Network
May 10,2020

New Delhi, May 10: India's COVID-19 count crossed 60 thousand on Sunday, with Maharashtra being the worst-affected due to the infection so far, according to the Union Ministry of Health and Family Welfare.

The number of total confirmed cases in the country rose to 62,939, including 19,358 patients who have been cured and discharged or migrated, according to the Ministry.

The total number of active cases in the country, therefore, stands at 41,472.

The number of deaths in the country due to the infection reached 2,109 on Sunday.

While Maharashtra, with 20,228 cases is the worst-affected state, it is followed by Gujarat with 7,796 and the national capital, Delhi, with 6,542 cases. Tamil Nadu, is marginally behind Delhi with 6,535 cases.

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