Jain couple to leave minor daughter, Rs 100-cr property for monkhood

Agencies
September 17, 2017

Neemuch, Sept 17: A well-educated Jain couple from Madhya Pradesh has decided to leave behind their three-year-old daughter and property “worth Rs 100 crore” to embrace monkhood.

Sumit Rathore (35), who has worked in London before managing his family business in Neemuch, and his wife Anamika (34), an engineer who was employed with a mining major, decided to renounce the material world recently.

Earlier this year, a Jain teenage boy from Gujarat, who had scored 99.99 percentile in the class XII commerce examination, took the vow of monkhood. The couple will be initiated into Jain monasticism at a ceremony to be held in Surat on September 23.

Their family members said the couple has been married for four years and have a daughter. At present, they have taken a vow of silence till they take ‘deeksha’ (vow) next Saturday. As per the monkhood tradition, their heads will be shaved and they will put on white robes for their entire life.

Anamika’s father Ashok Chandaliya, a former Neemuch district president of the BJP, said he would take care of his granddaughter. “I am not against my daughter Anamika becoming a nun,” he said.

Sumit’s father Rajendra Singh, who runs a factory manufacturing gunny bags for packaging cement, also echoed a similar view. Sumit announced his decision to take ‘deeksha’ at a function in Surat last month.

“However, the pontiff asked him to seek Anamika’s permission. She not only gave her consent but also expressed a desire to become a nun. Their families asked them to rethink, but the couple stood their ground,” Sandip said.

He said Anamika was the first student in Neemuch district to win a gold medal in her Board examinations for class VIII. According to a family member, Anamika completed her BE from Modi Engineering College in Rajasthan. She had worked with Hindustan Zinc before her marriage.

Sandip said Sumit holds a diploma in import-export management from a college in London, where he worked for two years before returning to Neemuch to look after his family business.

Comments

George
 - 
Sunday, 17 Sep 2017

They should have taken this action before the child was born.

AK Shetty
 - 
Sunday, 17 Sep 2017

I salute the couple for their sacrifice and dedication, such people would bring fame to the spiritual world unlike the Ram Rahims.

Rakesh
 - 
Sunday, 17 Sep 2017

It is certain that the couple love each other too much. They r in search of Moksh but this search has made her daughter to suffer. they had a lot to do for the mankind if they r serious about service to God. What a great loss to our society !

Truth
 - 
Sunday, 17 Sep 2017

First stir up all the dust with that Mining and Manufacture. next wear a face mask.

Unknown
 - 
Sunday, 17 Sep 2017

It is a tough choice i am sure. Leaving their young daughter and all the luxuries money could have brought. Most of our giant seers & gurus also renounced worldly pleasures, some early and others late. Without knowing the circumstances we should not comment but appreciate their decision, a rare one indeed. I don't believe anything bad can come out of such an immense sacrifice.

Vijay
 - 
Sunday, 17 Sep 2017

Selfish parents..destroying a childs' life.

Ganesh
 - 
Sunday, 17 Sep 2017

Should stop this practice. After 18 years old let them decide. till that age parents should not take rubbish decisions.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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coastaldigest.com news network
February 16,2020

Udupi, Feb 16: A man, who was trapped in 15-feet-deep hole following a landslide during borwell digging work at a remote area in the coastal district, was finally rescued after a prolonged effort today.

The man, identified as Rohit, suffered minor injuries in the incident.

The incident took place at Maravanthe village near Baindur in Udupi district.

Rohit was trapped when the land around borewell was being dug collapsed suddenly. It took around six hours for the rescue workers to rescue him.

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Agencies
July 31,2020

New Delhi, Jul 31: With the highest single-day spike of 55,079 COVID-19 cases in the last 24 hours, India's coronavirus tally breached the 16 lakh mark on Friday, informed the Union Ministry of Health and Family Welfare.

With this latest spike, the total cases in the country stand at 16,38,871. Among these cases 5,45,318 are active. A total of 10,57,806 patients have been cured/discharged/migrated.

779 deaths due to COVID-19 have been reported in the country in the last 24 hours, taking the death toll to 35,747.

As per the Union Health Ministry, Maharashtra has a total of 1,48,454 active cases and recorded 14,729 deaths due to COVID-19.
Tamil Nadu has a total of 57,962 active cases and 3,838 deaths in the state.

Delhi has a total of 10,743 active cases and 3,936 deaths.

The Indian Council of Medical Research on Friday informed that a total number of COVID-19 samples tested up to 30th July is 1,88,32,970 including 6,42,588 samples tested yesterday.

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