Mamata on Madan Mitra's arrest: Should we arrest PM for photos with Subrata Roy?

December 14, 2014

banerjee

Kolkata, Dec 14: West Bengal Chief Minister Mamata Banerjee on Saturday hit the streets to protest the arrest of her minister Madan Mitra in the Saradha scam, and wondered if Prime Minister Narendra Modi should be arrested for the Sahara scandal as he was photographed with the Sahara group chief who is now behind bars.

"A red diary was obtained after raiding the Sahara office. It had several big names. Empty vessels sound much. There are images of the prime minister with the Sahara chief (Subrata Roy). Should we arrest the prime minister?" Banerjee asked, as she led a demonstration protesting against the arrest of Transport and Sports Minister Mitra, reported IANS.

"There are images of several CPI-M leaders with chit fund owners. If an image is a proof of criminal conspiracy, then the prime minister should be arrested for the Sahara scam," Banerjee, the Trinamool Congress chief, said, in a reference to video footage of Saradha group programmes where Mitra was seen praising purported graft mastermind Sudipto Sen.

Attacking the BJP, Banerjee said: "The BJP knows it cannot fight Trinamool politically. They are using the CBI to counter us. Common people have hit the streets today to protest against the politics of vendetta by the BJP."

"The CBI has lost all credentials. It has become His Master's Voice. CBI has become a political tool. It is time to wind it up. TMC MPs will protest in Parliament from Monday," Banerjee said.

"His son, who met him after the arrest was told by Madan that CBI officials were just interacting with him and asking him as to which school and college he had studied in. At this stage a phone call came from Delhi following which he was arrested.

"Madan was called as a witness. If one after being called as a witness, gets arrested this way then no one will go to depose as witness," Banerjee said.

In an apparent indication of the pressure the Trinamool was facing after Mitra's arrest by the CBI, Banerjee said: "Time does not wait for anyone. We have to act as per the need of the hour."

"I must tell those who are in power - Stay within your limits or you will face the music," she said.

"I have not come here as chief minister but as a common citizen. I do not believe that Madan is a thief or dacoit. His family's pecuniary condition is not such that he had to take this money (from Saradha Group) to sustain his family," she said, reported PTI.

Banerjee also accused the BJP and the CBI of efforts to "destroy the sports infrastructure in Bengal" by targeting the iconic football clubs.

The chief minister said culture and sports in Bengal were under threat.

"Mohun Bagan, East Bengal are under threat. It is time to hit the streets. I ask the sportspersons to hit the streets. Our support is with you," she said.

The CBI has arrested East Bengal official Debabrata Sarkar and Trinamool Congress parliamentarian and Mohun Bagan assistant general secretary Srinjoy Bose.

The probe agency also questioned other office bearers of the two clubs, besides closing some bank accounts of the two football outfits.

The protest rally started at 1 pm at the base of the statue of legendary footballer Gostho Pal. Several prominent sportspersons were present.

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News Network
March 19,2020

New Delhi, Mar 19: Lawyer of Mukesh Singh, who is one of the four death row convicts in the Nirbhaya gang-rape and murder case, on Thursday mentioned a petition before the Registrar of the Supreme Court seeking an urgent hearing in the matter.

Advocate Manohar Lal Sharma, through the petition, sought directions to bring call record, documents and reports of his client through any probe agency and passed appropriate directions and measure to ensure justice in the matter.

The petition, however, has not sought a stay on the execution, which is scheduled for the morning of March 20. The petition is likely to be taken up for hearing today.

Earlier today, the apex court dismissed the curative petition of Pawan Gupta, another convict in the matter, who claimed juvenility at the time of the crime.

This comes as the four convicts -- Mukesh Singh, Akshay Singh Thakur, Vinay Sharma and Pawan Gupta -- are scheduled to be hanged at 5.30 am on March 20.

Meanwhile, several other petitions are also pending in the matter in different courts.

The case pertains to the brutal gang-rape and killing of a 23-year-old paramedical student in a moving bus on the night of December 16, 2012, by six people including a juvenile in the national capital. The woman had died at a Singapore hospital a few days later.

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News Network
February 3,2020

New Delhi, Feb 3: The Allahabad High Court on Monday granted bail to former BJP leader Swami Chinmayanand in the alleged rape case of a law student. He was arrested in September last year after the 23-year-old woman accused him of sexual harassment and blackmail.

The woman was a student of the Chinmayanand-controlled SS Law College in Shahjahanpur in Uttar Pradesh.

Chinmayanand is facing charges under Sections 376C (sexual intercourse by a person or persons taking advantage of their official position), 354 D (stalking), 342 (wrongful confinement) and 506 (criminal intimidation) of the Indian Penal Code (IPC).

The case is being investigated by a Special Investigation Team (SIT) formed on the directions of the Supreme Court.

The case came to light after the woman posted a video on August 23 last year on social media alleging that “a senior leader of the saint community” was harassing and threatening to kill her. The law student went missing a day later, after which her father lodged a complaint, accusing Chinmayanand of harassing his daughter.

Chinmayanand was expelled from the BJP after his arrest.

The SIT had, on November 6, submitted chargesheet in the case.

In a parallel case, the woman was charged with trying to extort money from Chinmayanad. The Allahabad High Court granted her bail in that case in December last year.

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News Network
May 25,2020

New Delhi, May 25: Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic.

The association, which has around 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand in the sector.

In an open letter to the prime minister, the Confederation of Real Estate Developers' Associations of India (CREDAI) said, "In this distressful situation arising out of the COVID-19 calamity, we in the real estate sector seek immediate relief for our survival."

Stating that the sector contributes substantially to the country's GDP and has backward and forward linkages with almost 250 industries, CREDAI said, "Our survival, therefore, is not just desirable, it is rather crucial for the economy."

Liquidity crunch, stagnant demand and cartelization of raw materials are major impediments for the industry to kickstart, it added.

CREDAI made seven recommendations to revive the sector and sought immediate intervention from the prime minister.

Pointing out that the situation is "much worse" than global financial crisis in 2008, CREDAI said "a one-time restructuring scheme as was permitted by RBI in 2008 may be quickly instituted by all lending institutions."

Since real estate was already reeling under a cyclical downturn before COVID-19, debt restructuring needs to be allowed for all accounts which were standard as on December 31, 2019, it added.

CREDAI demanded that all banks, non-banking financial companies (NBFCs) and housing finance companies (HFCs) should be directed to provide additional credit equal to 20 per cent of the existing real estate project related advances with no additional security and without the classification of project as NPA.

The penal interest charged by banks and financial institutions should be suspended for a period of one year or until such time as it takes for the pandemic to abate.

To revive housing demand, CREDAI suggested that "government should reduce the maximum rate of interest on new home loans to 5 per cent by subsidizing the interest component of EMIs for next five years."

The limit of principal deduction on housing loan under Section 80C should be increased to 2.5 lakh.

Interest deduction under Section 24 on housing loan for homebuyers may be increased to Rs 10 lakh, it said.

There should be no capital gains for residential properties held for a period longer than one year.

CREDAI also demanded that the subvention scheme be allowed again by National Housing Bank (NHB) and the Reserve Bank.

Under the scheme, builders used to pay EMIs on behalf of homebuyers during construction of projects.

"The economic uncertainty and job insecurity at the moment would not allow purchase of residential property at this time. A scheme whereby a homebuyer would need to pay only margin money with no EMI for 24 months will address this insecurity," the letter said.

The association pointed out that prices of cement and steel have been increased during the lockdown period, and asked for crackdown on cartelisation by manufacturers.

On the GST front, CREDAI said that the current regime of GST provides a rate of 1 per cent  for affordable housing.

"The limit of Rs 45 lakh serves as a criterion of affordability for the purpose of GST. On all other housing, GST is applied at the rate of 5 per cent without input tax credit. It has been felt that the criterion of Rs 45 lakh is too low an index of affordability anywhere across the country, and especially so in the metros," the letter said.

It will serve as an inducement to buyers in the metros if the benefit of GST at the rate of 1 per cent is extended to units costing up to Rs 75 lakh, the association said.

CREDAI pointed out that the flat rate of 5 per cent GST for under construction residential housing is causing cost build up and is acting as a deterrent for sale of under construction projects since there is no GST on completed units.

It suggested that GST rate of 1 per cent and 5 per cent, without input tax credit, should continue.

"However, an option of GST @12 per cent for normal housing/ 8 per cent for affordable housing (with 1/3rd deduction for land i.e. effective GST rate of 8 per cent for normal housing and effective GST rate of 5 per cent for affordable housing) with input tax credit (ITC) benefits in line with the scheme applicable for the works contracts for government may be revived and made applicable to the real estate," the letter said.

Lastly, CREDAI demanded that a Rs 25,000 crore stress fund for completing stalled housing projects should be deployed at the earliest.

"We shall be grateful for your much-needed intervention for the above mentioned measures required to revive the real estate sector," CREDAI said in the letter to the PM.

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