Kejriwal's austerity veil falls apart

January 4, 2014

Kejriwal_copy_copyNew Delhi, Jan 4: Within a week of taking charge, the Aam Aadmi Party (AAP) has gone back on some of its promises of austerity.

Chief Minister Arvind Kejriwal, who had earlier said that he will rent a flat, has now decided to move into  two five-bedroom government flats on Bhagwan Das road. Also, several cabinet ministers were given Toyota Innova cars as official perks.

The opposition Bharatiya Janata Party (BJP) reacted sharply by alleging that the veil of austerity behind which the AAP was hiding so far to mislead the public had started to come off.

While AAP leaders said Kejriwal’s decision to take up a government flat was in line with his earlier stand of not taking a “big bungalow”, BJP’s Sahib Singh Chauhan reminded the AAP leaders that they had vowed before elections that they will live in a “normal house” like ordinary citizens.

“A 10-room housing complex is not available to even a Supreme Court judge. From which angle does Kejriwal’s new address appears to be a normal house,” said Chauhan, challenging all MLAs to take only a Re 1 token salary.

Kejriwal will move into a 5-room flat on Bhagwan Das Road and the adjacent flat number 7/7, which is of the same size, will double up as his camp office.

Kejriwal had been living in a flat alloted to his wife, who is an Indian Revenue Service official, in Kaushambi.

The chief minister said his official residence was not palatial. “My official house will be smaller than what was being used by my predecessor. My Kaushambi flat had four rooms and the new official house will have five. That is the only difference,” he said.

“I will be able to work early in the morning and till late in the evening if my office is close to the residence,” Kejriwal added.

BJP leader Harsh Vardhan has been taking a dig at Kejriwal saying the new chief minister and his party were initially using public transport and trying to put up a mask of austerity but things have changed now.

On Friday, some reporters questioned AAP ministers who were seen using official vehicles near the Delhi Assembly within one day of the government winning the trust vote.

Social Welfare Minister Rakhi Birla was one of them. “When we leave for official work we use the vehicle,” said the minister, who came to the secretariat in an autorickshaw a day after taking oath on December 28.

Kejriwal said using official vehicles was not in contravention of the party’s stand. “We vowed not to use vehicles with red beacons and not official vehicles,” he said.

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
January 30,2020

Jan 30: BJP leader and West Bengal party head, Dilip Ghosh has yet again made a controversial statement. He said that one has to go to jail in order to gain respect or become a political leader.

"You will not be a leader if you don't go to jail, if Police don't take you, then you must go there yourself. If they don't give you any scope, you do something to go to jail, only then will people respect you. There is no place for soft people in politics," ANI quoted Ghosh as saying.

Earlier, Ghosh had triggered a controversy by saying that anti-CAA protestors in Assam and Uttar Pradesh were shot dead "like dogs", and similar punishment should be given to protestors in Bengal.

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