Hyd, JNU were ultra-Left movements with a small section of Jehadis: FM

March 28, 2016

New Delhi, Mar 28: Both the Hyderabad Central University (HCU) and JNU events were “ultra-Left movements” also involving a small section of “jehadis”, Finance Minister Arun Jaitley contended on Sunday.

fm-LIn the case of JNU, the predominant section of those involved in the agitation was “ultra-Left” barring a small section of “jehadis”, who had their faces masked during a demonstration on the campus on Feb 9 in which anti-national slogans were raised, he said.

The name of Dr B R Ambedkar was “unfairly used” in the case of HCU where protests erupted after the suicide by a research scholar Rohith Vemula, Jaitley said during an interaction with PTI journalists here.

He drew satisfaction from the fact that religious and minority groups and their leaders across the country had not participated in the debate set off by the events in the two universities.

“The moderate Left and the Congress had got trapped into what was otherwise a movement of the ultra-Left,” the minister said, adding that the BJP had therefore taken it as an ideological challenge.

The BJP had won the first round of this “ideological debate” in the sense that everybody had to come at least “close to the position we were taking”.

Asked if he expected more rounds in the debate, the BJP leader said that it was not a battle his party had started. “We are not raising the debate to this extent (of further rounds) but if somebody against starts the whole idea, then the debate will certainly carry on.”

When asked if the BJP was reaping political dividends by raising the nationalism debate, Jaitley said, “I am not looking for a dividend. This was an ideological positioning and we have made our point. On this battle I don’t think we can lose.”

Jaitley said they took it as an ideological challenge and “whether for posturing or otherwise, as the core debate proceeded....at least they were pushed into this position (to say Jai Hind instead of Bharat Mata Ki Jai). I am quite happy and satisfied that they were pushed into this position.”

Answering questions, Jaitley saw no contradiction between the government's agenda of development and the debate over nationalism.

“I think there is a section in this country, however small, which does not find this discourse very fascinating. So it wants to divert the issue.

“It is not compulsory in this country to raise a slogan (of Bharat Mata ki Jai). But it became an issue only when somebody said I take objection and I will not raise it,” he said in an apparent reference to a declaration made by Majlis MP Asaduddin Owaisi.

Asked if it was an overkill to slap sedition charges against JNU students union President Kanhaiya Kumar, Jaitley said it was a legal issue and he would not like to get into it.

PTI

"That is a matter of individual culpability. Whether he is technically liable, what sections should he be prosecuted for and whether he should be prosecuted or not. I do not want to prejudice the trial even against him or for that matter anybody else.

"There are slogans being raised that this country will be broken up by 'jung' (war). We will break up this country by jung. And an individual goes and participates in this unlawful assembly where this resolve is being made. So whether he is legally liable or not, is a question which courts will have to look into," he said.

Attacking the Congress, Jaitley said people from mainstream parties should have thought twice before joining an unlawful assembly which is talking of a 'jung' to break this country.

"In Parliament I had said there are two types of people--one who think first and then act and the other who act first and then think. Congress leaders first took the step. They went and joined and preached that this 'break up of this country' slogan is free speech and we have come here to defend this free speech."

The minister contended that the overwhelming majority of this country has disapproved of the very character of the anti-India slogans.

He said he was personally in favour of "radical romancing" in universities in which one says something not very responsible out of extra enthusiasm which after 10 years he realises that it was not the most sensible thing to do.

"You can give a licence for that. But I think having said that somehow to speak in terms of 'desh ki barbadi, desh ke tukde, tukde', I think this crossed all limits," he said.

Comments

TWIST
 - 
Monday, 28 Mar 2016

Cheddi chelas alwz taught to view as opposite..

Abdullah
 - 
Monday, 28 Mar 2016

Better to send him back Britian.
the agent of British now singing again the British tune.

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News Network
July 10,2020

Lucknow, Jul 10: Samajwadi Party supremo Akhilesh Yadav on Friday raised questions on gangster Vikas Dubey's encounter killing after an accident, saying the car did not topple but it was an effort to save the government from toppling if facts came to light.

Dubey was killed in an encounter after a police vehicle carrying him from Ujjain to Kanpur met with an accident and he tried to escape from the spot, police said.

"Darasal ye car nahi palti, raj khulne se sarkar palatne se bach gayi hai," (Actually, the car did not topple. It is an effort to save the government which would have toppled if facts came to light)," Yadav said in a tweet in Hindi.

Senior Superintendent of Police (Kanpur) Dinesh Kumar P said that the accident took place in the morning when it was raining heavily and the police vehicle overturned near Kanpur.

Eight policemen, including DSP Devendra Mishra, were ambushed in Bikru village in Chaubeypur area of Kanpur when they were going to arrest Dubey and fell to bullets fired from rooftops shortly after midnight on July 3.

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News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

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News Network
April 4,2020

Kochi, Apr 4: France on Saturday evacuated 112

French citizens stranded in Kerala and Tamil Nadu in a special Air India flight, official sources said here.

The Embassy of France had made a request to the Kerala government to facilitate the journey of the French citizens stranded due to the lockdown announced by the central government to prevent the spread of novel coronavirus.

The French citizens, mostly tourists and those who came for Ayurvedic treatment, were brought here by the state tourism department 24 days ahead of their trip.

They underwent a medical examination before boarding the flight for Paris from Cochin International Airport at 08.13 am on Saturday, officials said.

The Air India flight was chartered by the French government for evacuating its citizens in various cities in India including Kochi, Bengaluru and Mumbai.

On Friday, Gulf nation Oman had evacuated its 46 citizens stranded in Kochi in an Oman Air flight.

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