Lalu offers 11 seats to Cong, 1 to NCP

March 1, 2014
Patna, Mar 1: Putting pressure on Congress, RJD chief Lalu Prasad today offered 11 seats to Congress and asked the party to give its acceptance by tomorrow when his party's Parliamentary Board will meet here. lalu

RJD has also offered one out of the 40 seats in the state to another Congress ally NCP.

The development comes after an old ally LJP walked over to the BJP camp.

Prasad, who returned here from Delhi last night, said he had told Congress general secretary and in-charge of Bihar C P Joshi of the offer.

"I have asked him to communicate acceptance before RJD Parliamentary Board meeting in Patna tomorrow at 3 PM," Prasad told reporters.

Asked to comment why the alliance between RJD and Congress was stuck, he said the offer did not mean that "everything is over" between the two parties on the issue."I have also told Joshi that if his party stakes claim for any other seat than he should tell me and also convince me of the winning potential of his expected candidate," he said.

To questions on whether RJD could decide to go it alone, he said, "Why are you presuming things ? ... The party's Parliamentary board will take some decisions tomorrow."

Prasad said that for him and RJD the biggest challenge was to stop communal forces. "For this we want to take all secular parties, including Congress with us."

The RJD chief had said last night, "Now there will be lathbandhan (alliance of bamboo)", conveying that RJD would be taking on Congress in the poll fight.

He clarified today that he had not meant a fight with Congress, which he said, was a media interpretation.

Prasad, however, did not identify the 11 seats he has offered to Congress or the one to NCP of Sharad Pawar.

He also refused to comment on reports that RJD-Congress alliance was stuck due to conflicting claims between the two parties on Madhubani and a few other seats.

"In general the claim shall be staked on seats only on the basis of performance of the respective parties in the last general elections as per Election Commissions results."

While Congress appears to be adamant about getting the Madhubani seat for its general secretary Shakeel Ahmad, RJD is in no mood to relent and claims it for its legislature party leader Abdul Bari Siddiqui.

Congress and RJD had fought separately in the 2009 polls and Siddiqui had secured second position after BJP's Hukumdeo Narayan Yadav, while Ahmad was at third position in the seat.

Congress is reportedly asking for seats like Patliputra, Nawada and Bhagalpur which are RJD favourites. Prasad is expected to field his eldest daughter Misa Bharti from Patliputra constituency in Patna district against his friend-turned-enemy Ranjan Yadav.

Prasad said his erstwhile ally Ramvilas Paswan, who had now joined hands with BJP, had committed 'holika dahan' of his ideology much before Holi.

"It is beyond imagination to think how Paswan can go with BJP, which with Nitish Kumar had kept his caste out of the list of Mahadalits (poorer among poor in the weaker section)," he said.

Prasad also made a scathing attack on his bete noire Bihar Chief Minister Nitish Kumar, who had commented that there was fire in RJD's house (13 MLAs quitting RJD and 9 of them returning latter) due to "short circuit".

"His (Kumar's) transformer itself has blasted as is seen in the expulsion of 5 MPs by JD(U)," Prasad said.

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News Network
March 23,2020

Thrissur, Mar 23: Kerala police on Monday has booked a Catholic priest for violating the Covid-19 advisory against conducting Holy Mass in which more than 100 people attended.

Fr. Pauly Padayatti, vicar of Nithya Sahaya Matha (Mother of Perpetual Help) church at Koodapuzha near Chalakudy in Thrissur district has been arrested by the police.

Despite the strict restrictions of the health department and the Kerala Catholic Bishops Council (KCBC) to temporality suspend church services involving laity in churches, the vicar conducted the Holy Mass on Monday.

The police have also registered case against the devotees for violating the guidelines by attending the service.

The top church leadership including Cardinal Mar George Alencherry repeatedly urged the laity not to go to churches for Holy Mass or other services.

The faithful have been asked to participate in the online streaming of Holy Mass by bishops and priests and pray from their homes.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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Agencies
April 14,2020

Kochi, Apr 14: Reacting to the extension of the nationwide lockdown till May 3, Kerala Finance Minister Thomas Issac on Tuesday maintained that his state needs money more than appreciation for the work it has done to mitigate the impact of the lockdown and contain coronavirus spread.

"The only additional money that Kerala received is mere Rs 230 crore and that too for Covid-19 work. The funds we received to tide over revenue deficit is different -- we would have got it anyways," said Issac, who has been demanding more liberal financial assistance from the Centre.

"The need of the hour now is for the Centre to immediately hold a videoconference meeting with all state Finance Ministers. The Centre should borrow more money from the RBI and give it to the states. Otherise, things will be very bad, as the economy, especially rural economy, is tumbling. It needs to be checked," said the Kerala Minister.

Devasom and Tourism Minister Kadakampally Surendran said the state Cabinet will meet on Wednesday to decide how to go about things till May 3.

"The coronavirus figures reveal that Kerala has done quite well. The Cabinet will decide on how we move forward after looking into the guidelines of the Centre," said Surendran.

Local Self Government Minister A.C. Moideen said that local farm produce has to reach markets as rural economy revolves around this. The Cabinet will look into this issue as well.

Health Minister K.K. Shailaja stressed the need for maintaining social distancing and asked all to see that the lockdown guidelines were strictly followed.

"Our advantage is that we have been able to contain the spread, but we still have a long way to go. Singapore is the best example -- after a slowdown in positive cases, it picked up there. So, let us all continue to maintain strict vigil and wait till Wednesday's Cabinet meet," said Shailaja.

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