Jadavpur University student shreds copy of CAA at convocation ceremony

News Network
December 25, 2019

Kolkata, Dec 25: A student of Jadavpur University on Tuesday tore apart a page of a copy of the Citizenship (Amendment) Act while receiving her degree at the convocation ceremony, asserting that the gesture was her way of protesting against the contentious law.

Debosmita Choudhury, who identified herself as a student of the arts department, said she chose to “dump” the CAA document at the podium where the vice-chancellor, Pro-VC and registrar were seated, as it made bonafide citizens prove their nationality.

“Let there be no confusion. I am not showing any disrespect to JU. I am proud to be awarded this degree at my favourite institution. But, I chose this podium to register my protest against CAA... my friends are on a sit-in near the gate of the convocation venue,” she said.

Arkoprobho Das, another student of the department, said around 25 of his batchmates did not go to the podium to collect their degrees.

“We wore the convocation gowns, but when our names were called we did not go to the podium. This is our way of protesting,” he said.

Earlier in the day, protesters blocked West Bengal Governor Jagdeep Dhankhar’s entry into Jadavpur University, where he had gone to attend the annual convocation, prompting him to denounce the incident as “total collapse of rule of law”.

Amid his frequent run-ins with the Mamata Banerjee government, Dhankhar arrived at the university, a hotbed of anti-CAA and anti-NRC protests, only to find his way blocked by around 50 people, said to be members of Shiksha Bandhu Samiti, an affiliate of the ruling TMC’s trade union wing.

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News Network
April 19,2020

New Delhi, Apr 19: The government on Sunday prohibited the sale of non-essential items through e-commerce platforms during the ongoing lockdown, four days after allowing such companies to sale mobile phones, refrigerators and ready-made garments.

Union Home Secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.

The order said the following clause "E-commerce companies. Vehicles used by e-commerce operators will be allowed to ply with necessary permissions" is excluded from the guidelines.

The previous order had said such items were allowed for sale through e-commerce platforms from April 20.

However, the reason for reversing the order is not known immediately.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
July 21,2020

New Delhi, Jul 21: The Enforcement Directorate is understood to have initiated a process to freeze over 60 bank accounts in the country on the request of the Brazilian government in connection with a money laundering case in that country, offiicials said on Monday.

They said the agency has undertaken the action under the provision of the Prevention of Money Laundering Act (PMLA) in pursuance of a mutual agreement between the two nations to combat financial crimes.

The over 60 bank accounts are held by some individuals and businessmen based in the country, they said.

The probe, they said, is linked to some high profile people of Brazil.

The suspected accounts sought to be frozen by the Enforcement Directorate (ED), on behalf of the Brazilian government, are stated to be of banks in Delhi and Mumbai, they added.

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