FM Piyush Goyal challenges Congress’ Mallikarjun Kharge to fight poll against him from Mumbai

Agencies
August 10, 2018

New Delhi, Aug 10: A verbal duel broke out between Congress’ Mallikarjun Kharge and Finance Minister Piyush Goyal with the latter challenging the Congress leader to contest an election against him from Mumbai. Goyal, during his 45-minute speech while moving the amendments to GST laws in the Lok Sabha, had said that Congress would be reduced to just four seats in the 2019 general elections.

Kharge retorted by saying that Goyal has “not won” a local election but was brought to Rajya Sabha and made the Finance Minister. The exchanges took place when Goyal was speaking and the Congress members were in the Well, raising slogans to demand setting up of a joint parliamentary committee to probe the Rafale jet deal. Kharge also alleged corruption in the Rafale fighter jet deal and demanded a Joint Parliamentary Committee (JPC) probe into it.

As Kharge continued to raise the issue of the Rafale deal, BJP members objected to it saying that the House has taken up GST bill for discussion and not Rafale. “This has got no relation with GST. The Rafale deal was entered into with France for the benefit of the country. Congress government during its tenure has witnessed many scams including Agusta Westland,” Parliamentary Affairs Minister Ananth Kumar said.

He also urged Deputy Speaker M Thambidurai to remove Kharge’s remarks on Rafale deal from the record. As Kharge continued to attack the government, Thambidurai called out Subhash Chandra Behria (BJP) to speak on the GST bills. Goyal said he had “four times” appealed to the Opposition to support the GST amendment bills. “But by disturbing the House, you are only showing your colour, you are exposing yourself,” he said.

“In my speech, I had made no personal attack against anyone. I did not know that Khargeji will take the level of this discussion down to a point where he will start making personal attacks. I challenge you to come and fight an election against me in Mumbai,” an agitated Goyal said. Coming to his defence, Nishikant Dubey (BJP) said the rules allowed a Minister to put forth his observations while moving a bill.

Kharge, however, continued saying he had made no personal allegation against Goyal. “You (Goyal) said that Congress would be reduced to 3-4 seats. Everything NDA is doing is for the benefit of the country and whatever Congress did was not for the betterment of the country,” Kharge said.

Congress members, who were in the Well, demanded that Kharge be allowed to continue with his speech. Later, the Congress members staged a walk out from the House. TMC’s Saugata Ray, in his speech, raised the issue of Goyal speaking for 45 minutes and said that Congress has said the Finance Minister has never won an election.

Thambidurai asked Ray to stick to GST discussion and not deviate from the topic. Ray, however, said that Constitution provided for freedom of speech in Parliament. “The ruling party members are throttling the voice of the opposition when any inconvenient questions are raised,” he said.

He also objected to Goyal speaking for 45 minutes while moving the bills, saying “this is not the convention of the House” and it is only after the opposition and other members speak the Minister gives a detailed response.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
May 25,2020

Domestic flights resumed operations on a truncated schedule on Monday with the first aircraft departing from the Delhi Airport for Pune, more than two months after a nationwide lockdown was announced to combat COVID-19.

The first flight to take off was an IndiGo aircraft to Pune, flying passengers stranded in the national capital since the lockdown was announced on March 24.

Passengers were screened at the airport with electronic thermometers, and revised protocol for air travel that included santisation of luggage through ultra-violent scanners, and maintaining physical distancing.

Only asymptomatic passengers were allowed to enter the airport.

Passengers were also seen wearing face masks and face shields given to them at the embarkation point by the airline to minimise the chances of infection while onboard.

The first flight arrived at Delhi Airport from Ahmedabad – a SpiceJet aircraft – at around 8:00 am.

BJD Lok Sabha member Anubhav Mohanty was among those who took the Air Vistara flight to Bhubaneshwar that departed Delhi airport at 6:50 am.

The first flight to take off from Mumbai was an IndiGo aircraft that departed for Patna at 6:45 am, while passengers from Lucknow were the first to reach the financial capital on an IndiGo aircraft that touched down at 8:20 am.

The food & beverage and retail outlets, which were closed for the past 63 days, opened at Terminal 3 of Delhi’s Indira Gandhi International (IGI) Airport.

The flight services resumed after a day of long and hard negotiations between the Centre and the states on Sunday.

All states finally agreed to accept at least some flights but announced different quarantine and self-isolation rules for arriving passengers to address apprehension about infections being brought in from other cities.

The Centre had issued guidelines for all modes of domestic travel that advised all asymptomatic passengers to self-monitor their health parameters for 14 days on completion of the journey and report to health authorities if they displayed any symptoms for COVID-19.

However, the Centre had allowed state governments to prescribe their own health protocols for disembarking passengers which led to differential guidelines across the country.

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News Network
February 5,2020

New Delhi, Feb 5: Union Home Minister Amit Shah on Tuesday announced that the Shri Ram Janmabhoomi Teertha Kshetra, set up by the government for construction of a temple in Ayodhya, will have 15 trustees and one of them will be from the Dalit community.

The statement comes a little over an hour after Prime Minister Narendra Modi announced in Lok Sabha about the constitution of the trust.

"There will be 15 trustees in the Shri Ram Janmabhoomi Teertha Kshetra Trust out of which one trustee will always be from the Dalit society," he tweeted.

Shah congratulated Modi "for such an unprecedented decision" that strengthens social harmony.

The home minister said the trust will be independent to take every decision related to the temple and 67 acres of land will be transferred to it.

"I fully believe that the waiting of millions of people for centuries will be over soon and they will be able to pay obeisance to Lord Shri Ram in his grand temple at his birthplace," he said.

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