India does not need govt that makes Hindus fight Muslims: Rahul

April 21, 2014

Ramanathapuram(TN), Apr 21: Making a strong pitch for a ''pro-poor, secular government'' at the Centre, Congress Vice President Rahul Gandhi today said India does not need a government that ''makes Hindus fight Muslims'' in an apparent dig at BJP.Rahul

Addressing an election rally here, he said that since these were Lok Sabha elections, local Tamil parties, with which Congress failed to enter into a poll-pact, will not form the government at Delhi.

"You must ensure that a pro-poor, secular government comes to power at Delhi. We don't need a government that promotes hate and anger. We don't need a government that makes Hindus fights Muslims," he said.

The country also did not require a government that "imposes ideas from one state on another," he added.

Seeking to enthuse workers who are putting up with the stiff challenge as the party is facing the polls alone, Gandhi said he was happy that Congress was fighting the elections by itself as there was no need for any compromise.

"I am proud to see our workers all charged up and ready to fight elections and ready to fight under Congress banner. Now we will not have to compromise," he said.

Congress' long-time ally DMK had walked out of the UPA coalition in March 2013, citing the emotive Sri lankan Tamils issue even as the Dravidian major had spurned the national party's offers for a pre-poll alliance this year.

Voicing confidence that his party will put up a good show in the April 24 Lok Sabha polls, Gandhi said Congress would not confine its fight to this LS polls alone but also fight and come to power in the state in the future.

The party was last routed in the 1967 Assembly elections when DMK under its founder C N Annadurai first wrested power from the national party and has been piggybacking on either DMK or AIADMK.

Taking a dig at BJP's Prime Ministerial nominee Narendra Modi, Gandhi said that while he talks of the Gujarat model of development, he should witness the Tamil Nadu model,indicating that the southern state fared better, a claim made by Chief Minister J Jayalalithaa.

"Tamil Nadu has not only shown India but the rest of the world what Tamil people are capable of doing. Mr Modi talks about the Gujarat model, may be he should come here and take a look at the Tamil (Nadu) model," he said.

Gandhi, making his first stop in Tamil Nadu where Congress is fighting from all 39 constituencies, listed out the achievements during 10 years of UPA rule like the Food Security Act and Right to Information Act, which, he said, had empowered the people.

While the opposition (BJP) talks of corruption, it has made no proposal to end it, he said, citing the saffron party's election manifesto.

However, by empowering people with RTI, Congress was "responsible for making corruption visible to people," as they can question the government and those running it on any issue related to governance, he added.

Claiming credit for Congress for passage of the Lokpal Bill, he termed it as a "tremendous weapon against corruption," even as he charged the opposition with trying to stall it.

"They did not allow Parliament to run, came into the well of the House but eventually we passed the Lokpal Bill," he said, adding some more anti-corruption bills were waiting to be passed, but maintained that if opposition was really concerned about corruption, they should have helped pass them.

Asserting that the Congress government was committed to making the lives of 70 crore people who were just below the middle class better, he said this could be achieved only by providing jobs to millions of people and promised efforts in this regard.

He said a big infrastructure corridor covering Delhi, Mumbai, Bangalore, Chennai and Kolkata will be created and this would have highways, power plants and dedicated railway lines among others and India would work with Japan for this project.

Further, a slew of factories and manufacturing units would usher in the much-needed mass employment, he said,adding this would pave way for Indian products being exported to many countries, much like China was doing now.

Banking on various pro-poor measures, including enacting the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, (Land Acquisition Act), he said it promised a better deal for farmers,promising four times the market rates as compensation.

On the lines of the Food Security Act, he promised to bring in right to medicines and minor surgeries and homes.

Dwelling on women's empowerment, he said that the "first thing" UPA-III would do after coming back to power would be to pass the Women's Reservation Bill, stuck in the Lok Sabha.

He recalled the Congress-led government had removed the nine-cylinder ceiling on subsidised LPG cylinders after women raised concerns.

Gandhi also promised to solve the fishermen's issue.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
June 20,2020

New Delhi, Jun 20: After Prime Minister Narendra Modi said there are no foreign incursions into India, China has once again claimed that Galwan valley of Ladakh union territory is located on the Chinese side of the Line of Actual Control (LAC).

In an official statement on the step-by-step account of the Galwan face-off where 20 Indian soldiers were killed, China's foreign ministry spokesperson Zhao Lijian has said the Galwan valley is located on the Chinese side of the LAC in the west section of the China-India boundary.

"For many years, the Chinese border troops have been patrolling and on duty in this region," Zhao said alleging that since April this year, the Indian border troops have unilaterally and continuously built roads, bridges and other facilities at the LAC in the Galwan Valley.

China has lodged representations and protests on multiple occasions but India has gone even further to cross the LAC and make provocations, Zhao said.

By the early morning of May 6, the Indian border troops, who had crossed the LAC by night and trespassed into China's territory, built fortification and barricades, which impeded the patrol of Chinese border troops, Zhao said adding that they deliberately made provocations in an attempt to unilaterally change the status quo of control and management.

The Chinese border troops, he said, were "forced to take necessary measures to respond to the situation on the ground and strengthen management and control in the border areas."

In order to ease the situation, China and India have stayed in close communication through military and diplomatic channels, he said. "In response to the strong demand of the Chinese side, India agreed to withdraw the personnel who crossed the LAC and demolish the facilities, and so they did.

On June 6, the border troops of both countries held a commander-level meeting and reached consensus on easing the situation. The Indian side, he said, promised that they would not cross the estuary of the Galwan river to patrol and build facilities and the two sides would discuss and decide phased withdrawal of troops through the meetings between commanders on the ground.

"Shockingly, on the evening of June 15, India's front-line troops, in violation of the agreement reached at the commander-level meeting, once again crossed the Line of Actual Control for deliberate provocation when the situation in the Galwan Valley was already easing, and even violently attacked the Chinese officers and soldiers who went there for negotiation, thus triggering fierce physical conflicts and causing casualties."

"The adventurous acts of the Indian army have seriously undermined the stability of the border areas, threatened the lives of Chinese personnel, violated the agreements reached between the two countries on the border issue, and breached the basic norms governing international relations," the spokesperson said.

Beijing, he said, hopes that India will work with China, follow faithfully the important consensus reached between the two leaders, abide by the agreements reached between the two governments, and strengthen communication and coordination on properly managing the current situation through diplomatic and military channels, and jointly uphold peace and stability in the border areas.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 30,2020

New Delhi, Jun 30: With a spike of 18,522 COVID-19 cases in the last 24 hours, India's coronavirus count now stand at 5,66,840, said the Union Health and Family Welfare Ministry on Tuesday.

According to the Ministry, 418 deaths due to COVID-19 were reported in the last 24 hours. The number of deaths in the country now stands at 16,893.

There are 2,15,125 active coronavirus cases in the country while the number of cured/discharged patients stands at 3,34,821 and one patient migrated.

As per the Ministry, Maharashtra is the worst-hit state with regard to the COVID-19 cases and has reported 1,69,883 cases, including 73, 313 active cases 88,960 cured/discharged patients and 7,610 fatalities.

Tamil Nadu has a total of 86,224 cases including 1,141 deaths. Delhi's COVID-19 count stands at 85,161 cases and 2,680 fatalities.

The total number of samples tested up to 29 June is 86,08,654 of which 2,10,292 samples were tested yesterday, informed the Indian Council of Medical Research.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.