Kamal Haasan describes union budget as "self-serving"

Agencies
February 5, 2019

Chennai, Feb 5: Describing the union budget 2019-20 as 'self-serving,' Actor-politician Kamal Haasan Tuesday said it sounded in parts "like the legitimate version of money for votes."

The Makkal Needhi Maiam (MNM) president said the promises made to farmers "might look impressive" but that it would amount to a "paltry sum," when broken down to per diem.

Union Finance Minister Piyush Goyal had presented the NDA government's interim budget last Friday.

"Economic experts will easily be able to pick holes in this budget. But what is obvious even to the common man is that this budget sounds in some parts like the legitimate version of money for votes," Haasan said on micro-blogging site Twitter.

Without referring to any particular announcement, he said "all the promises in this interim budget made to the middle class and the farmers might look impressive prima facie but if broken down to per diem/day allowance, it would amount to a paltry sum."

Among others, Goyal had announced that farmers would be provided Rs 6,000 per year in three instalments under a scheme to be fully funded by the central government.

Apparently referring to the BJP as "the party in power," he said, while it may reap the benefits of this dole, what if the people choose another party in the coming Lok Sabha polls.

Why would the new dispensation continue with these budgetary proposals "which they are already critical of?" he asked.

"The bottom line is, it is a very self-serving budget by the Government. And more importantly, the budget doesn't address any of the critical issues that affect the people of Tamil Nadu," Haasan added.

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News Network
February 10,2020

Hyderabad, Feb 10: All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi continued his tirade against PM Modi and Amit Shah against Citizenship Amendment Act (CAA), National Population Register (NPR) and National Register of Citizens (NRC). "We are ready to take bullets in our chests but we will not show our papers.

We are ready to take bullets in our chests as we love our country," Owaisi said further.

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News Network
May 9,2020

New Delhi, May 9: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday.

The CBI had recently booked the company engaged in export of Basmati rice to the West Asian and European countries and its directors Naresh Kumar, Suresh Kumar and Sangita on the basis of complaint from the State Bank of India (SBI), which suffered the loss of more than Rs 173 crore, they said.

The company had three rice milling plants, besides eight sorting and grading units in Karnal district with offices in Saudi Arabia and Dubai for trading purposes, the SBI complaint said.

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank, they said.

The Central Bureau of Investigation (CBI) did not carry out any searches in the matter because of the coronavirus-induced lockdown, the officials said.

The agency will start the process of summoning the accused, incase they do not join the investigation, appropriate legal action will be initiated, they said.

According to the complaint filed by SBI, the account had become non-performing asset (NPA) on January 27, 2016.

The banks conducted a joint inspection of properties in August and October, nearly 7-9 months later only to find Haryana Police security guards deployed there, they said.

"On inquiry, it has been come to notice that borrowers are absconding and have left the country," the complaint filed on February 25, 2020, after over a year of account becoming NPA, the officials said.

The complaint alleged that borrowers had removed entire machinery from old plant and fudged the balance sheets in order to unlawfully gain at the cost of banks'' funds, it said.

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News Network
May 5,2020

New Delhi, May 5: India registered the biggest jump in numbers of COVID-19 cases and deaths, with 3,900 new cases and 195 deaths being reported in the last 24 hours, according to the Ministry of Health and Family Welfare on Tuesday.

"3,900 COVID-19 cases and 195 deaths have been reported in the last 24 hours, the largest spike till now in both," according to the Ministry of Health and Family Welfare.

The total number of confirmed coronavirus cases in India reached 46,433, including 1,568 deaths, according to the Union Ministry of Health and Family Welfare on Tuesday.

According to the latest update by the MoHFW, 12,727 patients in the country have been cured and discharged, or have migrated, as of today morning. At present, there are 32,138 active cases in the country.

Maharashtra with 14,541 cases is the worst-affected state by the disease, while Gujarat with 5,804 cases is second on the list.

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