Government positive towards farmers' demands, says CM Fadnavis

March 12, 2018

Mumbai, Mar 12: Maharashtra Chief Minister Devendra Fadnavis today said his government was "sensitive and positive" towards the demands of farmers and tribals, who have marched from Nashik to Mumbai to draw the administration's attention towards their problems.

Fadnavis was responding to a discussion in the Assembly, initiated by Leader of Opposition Radhakrishna Vikhe Patil, who lauded the farmers participating in the Kisan Long March for their peaceful protest while demanding a complete loan waiver and compensation for hailstorm and pink bollworm pest attack on crops.

The Azad Maidan in South Mumbai turned into a sea of red this morning as thousands of farmers, carrying red flags, converged here after walking around 180 kms from the neighbouring Nashik district over the last six days.

The farmers plan to surround the Assembly complex to press for their demands of an unconditional loan waiver, and transfer of forest land to tribal farmers who have been tilling it for years.

The CPI(M)-affiliated All India Kisan Sabha is spearheading the protest.

"They (the protesting farmers) reached the Azad Maidan early this morning from the K J Somaiya Ground in the eastern suburbs so that students appearing for their board exams are not hassled due to traffic jams. The Mumbaikars are also taking care of them," Vikhe Patil said in the House.

He questioned the need for a ministerial committee to discuss the demands with leaders of the protesting farmers after they reached Mumbai.

"Why couldn't the government talk to them before the march began from Nashik on March 6. Such hardships for tribals and farmers could have been avoided," Vikhe Patil said.

NCP leader Ajit Pawar also appreciated the protesters for not causing hardships to students appearing for exams.

"All parties have supported their just demands. Instead of a ministerial committee, the chief minister should intervene immediately and take decisions on their demands. The government should ensure there is no law and order problem as the protesters have said they will not leave Mumbai until their demands are accepted," Pawar said.

Ganpatrao Deshmukh (of the Peasants and Workers Party) and Shamburaje Desai (of the Shiv Sena) also lauded the protesters for completing a peaceful and disciplined march from Nashik to Mumbai.

He asked the government to take immediate decisions and give justice to the cultivators.

Replying to the discussion, Fadnavis said the demands of protestors were very important.

"Around 90 to 95 per cent of the participants are poor tribals. They are fighting for forest land rights. They are landless and cant do farming. The government is sensitive and positive towards their demands," the chief minister said.

"A ministerial committee has been formed to discuss the demands with protesters. We will take a decision to resolve their issues in a time-bound manner," he said.

Fadnavis said his government was in touch with the march organisers since March 6.

"But they were adamant on the march. We tried to talk to them. All help was provided, like traffic management and deployment of medical vans," he said.

The chief minister said he has invited the march leaders for talks at the Vidhan Bhavan later today.

The committee formed to resolve the farmers issues includes revenue minister Chandrakant Patil, water resources minister Girish Mahajan, co-operation minister Subhash Deshmukh, public undertakings minister Eknath Shinde and tribal welfare minister Vishnu Savra.

The march has been organised to protest the alleged failures of the BJP government on the farm front, including non-implementation of recommendations of the Swaminathan Commission and the Forest Rights Act.

The farmers have demanded a change in the plan to link rivers in Nashik, Thane and Palghar districts so as to ensure that tribal lands are not submerged and water from the scheme be made available to these areas and other drought-prone districts.

They are also protesting against the state governments land acquisition for projects such as high speed rail and super highways.

"We are demanding an increase in pension schemes for poor peasants and farm workers, compensation for losses due to pink bollworm and pest attacks and rehauling of the public distribution system," the march organisers had earlier said.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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Agencies
July 24,2020

New Delhi, Jul 24: Telecom companies lost 82.3 lakh subscribers during the COVID-19 lockdown period of April, data released by the Telecom Regulatory Authority of India (TRAI) on Friday showed.

As per the reports received from 342 operators in April, TRAI said the number of broadband subscribers decreased from 68.7 crore at the end of March to 67.6 crore at the end of April with a monthly decline rate of 1.64 per cent.

Top five service providers constituted 98.98 per cent market share of total broadband subscribers with Reliance Jio Infocomm (38.9 crore), Bharti Airtel (14.4 crore), Vodafone Idea (11.1 crore), BSNL (2.1 crore) and Atria Convergence (16 lakh).

The number of overall telephone subscribers decreased from 117.7 crore at the end of March to 116.9 crore at the end of April, showing a monthly decline rate of 0.72 per cent.

The TRAI said total wireless subscribers (2G, 3G and 4G) decreased from 115.7 crore at the end of March to 115 crore at the end of April, thereby registering a monthly decline rate of 0.71 per cent.

Wireless subscription in urban areas decreased from 63.8 crore to 62.9 crore but increased in rural areas from 51.9 crore to 52 crore. Monthly growth rates of urban and rural wireless subscription were minus 1.42 per cent and 0.16 per cent respectively.

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Agencies
July 7,2020

Bhopal, Jul 7: Anil Mishra, personal assistant to BJP Rajya Sabha MP Jyotiraditya Scindia, has tested positive.

He has been accompanying Scindia throughout his tours post-corona infection.

His contact trail is longer than that of Scindia. He has been in touch with Chief Minister Shivraj Singh Chouhan.

Mishra was present during Scindia's meetings with the MLAs and the swearing in ceremony of the MP ministry on July 2.

BJP sources say there is concern over the possible list of people who will be put in isolation to check the spread of the virus.

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