'If Indira praised for 1971, why not Modi for Balakot'

Agencies
April 10, 2019

Amravati, Apr 10: Union Home Minister Rajnath Singh on Tuesday said if the then Prime Minister Indira Gandhi can be praised for splitting Pakistan into two in 1971, why can't incumbent Narendra Modi be applauded for giving a befitting reply to Islamabad for the Pulwama terror attack.

Addressing a well-attended public meeting at Nehru Maidan here, he ridiculed the Congress for questioning the air strike on a terror camp at Balakot in Pakistan and over the issue of number of terrorists killed in the operation.

The former BJP president said the February 26 air strike led to restlessness in Pakistan which is understandable, but sought to know why the same feeling prevailed in some sections in India.

"When terrorists attacked and killed our 42 soldiers in Pulwama, Prime Minister Modi immediately held a meeting and ordered the armed forces to avenge the attack within 15 days.

"The operation was executed with utmost care on the 13th day (of Pulwama attack), taking precaution that no innocent person or the Pakistan army is targeted. We targeted only the terrorist training centre and destroyed it," he said.

"If Pakistan turned restless after this attack that is natural, but why should there be a restlessness in some sections in the country?" he asked.

Singh said India has never eyed territory of any country and always believed in the concept of universal brotherhood.

"We don't believe in expansion. We are not expansionists. India has never attacked any country on its own because `Vasudhaiva Kutumbakam' (the world is one family) is our culture," the home minister said.

Taking a dig at the opposition's demand to provide figure of terrorists killed in the Balakot air strike, Singh said warriors don't count bodies.

"The `yuddhaveers' (warriors) do not count dead bodies. It is the work of the `giddhveers (vultures)'," he quipped and congratulated the armed forces for the air strike.

The Modi government handled the issue of border security with responsibility and skillfully, Singh said.

"We do not tease anybody but if somebody tries to tease us, we give a befitting reply," he asserted.

"If Indira Gandhi is praised by one and all in the country for her 1971 action of dividing Pakistan into two, why should some people in India feel restless if Modi is praised for his action of giving Pakistan a tit-for-tat reply for the Pulwama attack?" he asked.

Speaking about the BJP-Shiv Sena alliance, Singh said there was speculation that it will break, but both parties are "natural allies sent on the Earth to work together".

"For us, it is not a compulsion but a commitment. This bond of friendship is forever," the BJP leader said.

Commenting on the NDA government's performance in the last five years, Singh said under Modi's watch India has become the sixth largest economy in the world from being on the tenth spot before the BJP-led coalition came to power.

He said by 2030-31, India will be among the top three economies of the world.

Singh highlighted the NDA government's achievements in fields like housing, sanitation and social security and claimed the rate of inflation has come down to half of the GDP growth rate in last five years.

"The nation is marching ahead. The image of India is changing at the global level. The world no more looks at India as a weak nation, but a strong nation which has developed an anti-satellite missile, a capability possessed only by Russia, America and China," he said.

Singh expressed confidence about the BJP-led NDA coming to power once again after the April-May Lok Sabha elections.

"BJP will lead the government that will have ministers from allies. A three-fourth majority is possible for NDA this time too. Such is the atmosphere in the country," he said.

Singh talked about promises made in the BJP manifesto for farmers and asked them not to lose hope and keep their morale high.

He criticised Congress president Rahul Gandhi for his party's manifesto pledge of scarping the sedition law if voted to power.

If voted to power, the NDA government would make the law more stringent, the home minister said.

Singh said the Article 370, which grants special status to Jammu and Kashmir, will have to scrapped if there is talk of two prime ministers in the country.

Singh said that the road to Delhi is believed to pass through Uttar Pradesh as it has 80 Lok Sabha constituencies.

"But I say a parallel road goes to Delhi through Maharashtra which has the highest number Lok Sabha seats (48) after UP. So, until Maharashtra strengthens, the nation cannot become strong," he remarked.

The rally was organised in support of Anandrao Adsul, the Shiv Sena candidate from the Amravati Lok Sabha constituency which goes to the polls on April 18.

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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News Network
June 24,2020

New Delhi, Jun 24: A litre of diesel on Wednesday was more expensive than a litre of petrol after the price of the former was hiked by 48 paise on the 18th successive day of fuel price revisions. While petrol price remained unchanged for the first time since June 7, diesel prices maintained upward trajectory to touch new highs.

It is for the first time in Delhi that diesel has become more expensive than petrol. A litre of the fuel now costs ₹79.88 as against ₹79.76 for a litre of petrol, as per a report in news agency ANI.

While surging fuel prices may generate much-needed revenue for governments, it would also have a detrimental impact on household budgets. The spike in diesel prices also has a wider impact on the transport and agricultural sectors which are largely dependent on the fuel.

The widest gap between the prices of the two fuels was on June 18 of 2012 when a litre of petrol was at ₹71.16 in Delhi while diesel was at ₹40.91. On June 28, the gap between the two fuels was 31.17 per litre in Mumbai. Around that time, there was a spurt in sales of diesel passenger vehicles while demand for such vehicles has come down significantly in current times. This has also led many manufacturers to ditch diesel engines completely.

The current trend of fuel price hikes are unlikely to do demand for petrol vehicles much good either.

Daily price revisions of the two fuel had been temporarily halted for 83 days till it was resumed on June 7.

India's demand for fuel doubled in May and has been steadily rising in June with the easing of restrictions. Indian refineries have already scaled up crude processing with Indian Oil Corp, the country's top refiner, looking to operate its plants at about 90% capacity in June.

The rising fuel prices, however, have resulted in political uproar with Congress leading the charge against the central government and accusing it of penalising consumers by imposing high taxes. A demand for including fuel prices under Goods and Services Tax (GST) has also been renewed by many but it is highly unlikely that it would happen. With oil companies looking to cut back on their previous loses and governments - central as well as states - aiming to generate revenue after tumultous weeks of lockdown, fuel price hikes are likely to stay till at least the end of June.

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News Network
June 8,2020

New Delhi, June 8: Only 20.26 lakh migrant workers of the targeted 8 crore such labourers have received free food grains in May and June (2020), according to data released by the Ministry of Consumer Affairs, Food and Public Distribution.

In the middle of May, as part of the Rs 20 lakh crore Atma Nirbhar Bharat package, the Modi government had announced that migrant labourers who are not covered under the National Food Security Act (NFSA) or any state-run PDS scheme, will receive free food grains for two months.

"Non-card holders shall be given 5 kg wheat or rice per person and 1 kg chana per family per month for the next 2 months. About 8 crore migrants will benefit from this scheme that will cost the government Rs 3500 crore,” Finance Minister Nirmala Sitharaman had said at a press conference following PM Modi’s announcement.

But the Ministry of Consumer Affairs, Food and Public Distribution said on Sunday, "The states and UTs have lifted 4.42 LMT (lakh metric tonne) of food grains and distributed 10,131 MT of it to 20.26 lakh beneficiaries."

It added, "The Government of India also approved 39,000 MT pulses for 1.96 crore migrant families. Around 28,306 MT gram/dal have been dispatched to the states and UTs. A total 15,413 MT gram have been lifted by various states and UTs". The state governments, the ministry added, had distributed only 631MT (metric tonnes) of gram so far.

Because of the constant movement of migrant workers, the Centre had said that the states will be responsible for identifying the migrants and subsequent food distribution.

The Centre claims it is spending approximately Rs 3,109 crore for food grains and Rs 280 crores for grams/chana under this package.

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