From Mamata to Owaisi, KCR's call for non-Cong, non-BJP front gains support

Agencies
March 5, 2018

Hyderabad, Mar 5: Within days of proposing a "non-Congress, non-BJP front, Telangana Chief Minister and Telangana Rashtra Samithi (TRS) chief K Chandrasekhar Rao has received support from several political parties including the Mamata Banerjee-led Trinamool Congress.

Former Jharkhand Chief Minister Hemant Soren and Hyderabad lawmaker Asaduddin Owaisi were the other leaders who have extended their support to the TRS chief.

The chief minister, on Saturday, had expressed his wish to join national politics to effect a "qualitative change", while accusing successive governments ruled by the Congress and the BJP at the Centre of having "miserably failed" to ensure development."Since morning, I have been receiving many calls from various places in India.

Today afternoon, West Bengal CM Mamata Banerjee called me and said that I have taken the right decision and she will be supporting me," Chief Minister Rao said while addressing a huge crowd at his official residence, Pragati Bhavan in Hyderabad."Farmers, Dalits, most backward classes are neglected.

 This situation should be changed. How long do they need to face problems.

 This has to change and this is not possible from these two parties. Hence, a non-Congress, non-BJP front should be formed in the country," Rao said.JMM leader Hemant Soren and AIMIM chief Asaduddin Owaisi have also expressed their solidarity.

"Former Jharkhand chief minister Hemant Soren also called, telling me that he is standing behind me. Soren also told me that he is trying to speak with many other people in India and will meet up soon and speak on the issue," said Rao.

He was addressing a gathering of prominent TRS leaders, ministers and elected representatives of the party at Pragathi Bhavan, his official residence in Hyderabad.

The TRS chief further said he would talk with all like-minded parties and leaders for creating an agenda for the country's growth."I will soon meet like-minded leaders and we will also hold consultations with economic experts, social scientists and farmers for creating an agenda for the country's growth," Rao said.

The Congress failed to get a majority in Meghalaya and did not win a single seat in Tripura or Nagaland, for which elections were held last month.

In a press conference on Saturday after the BJP decimated the Left and Congress in the three states, Rao hinted at forming a third front-like platform.

The TRS chief said he was keen to participate in national politics to bring about a "change"."There is need for qualitative change in national politics... There is a serious need. People are vexed now. No qualitative change is seen by people even after 70 years of democracy.... China developed in less than three decades. What both the Congress and the BJP did all these years?" Rao had asked."People are looking for change. Can we expect something new to happen if the Congress comes to power after the BJP? It can be a third front or any front... Are we not part of the country? Discussions are going on. There is no secret about it," he had said.

In the gathering today, Rao underlined the need to implement "truthful cooperative federalism" and delegation of powers to states for their development."Such initiative would spread across country from Telangana," he said.Rao alleged that the BJP at the Centre had failed to do anything for developing the country in the last four years."The national parties, the BJP and the Congress, should change their attitude towards states.

Federal system is for a namesake (now). Is there federalism in this country?The agriculture system, education, urban development should be handed over to the states. But it is not being handed over but kept at Delhi (with the Centre)," Rao said.

He said states should be allowed to frame norms regarding quotas.Batting for decentralisation, the chief minister said that even states can launch and implement schemes such as the Pradhan Mantri Gram Sadak Yojana (PMGSY)."Can't state governments do it (undertaking such measures). Change should start and it starts from Telangana for the development of India. Change has to be brought... You cannot threaten me. You can threaten those who resorted to scams not me," Rao said.

He said the Constitution should be amended for the sake of the people."I spoke to some people in Delhi and they say the law and constitution in China is different.

 I say then you become different. Constitution and the governments, the PM, CMs all are for the public. You bring in changes in law and also amendments in the Constitution.

The countrymen will be with you," Rao said.The TRS chief also referred to the "fleeing" of liquor baron Vijay Mallya, wanted in loan default cases, and diamantaire Nirav Modi, an accused in the PNB fraud case, from the country."Is there no one to question.

Vijay Mallya fled the country and now Nirav Modi... What is this?" he asked.Rao said farmers were committing suicide because the BJP and the Congress did nothing for them."My countrymen, you know and understand the 'chamatkar' of both the parties who ruled the country for over 60 years. The price of every essential commodity is increasing but not the minimum support price on agriculture produce. GDP growth is not reflecting in the lives of farmers and their income is not increasing," Rao said.

What the countries like China, Japan and Singapore have achieved in terms of growth can be achieved by India as well, he said.Revealing his national ambitions, Rao had said people were yearning for change and he would not mind leading the movement for effecting the "change".He said he had recently met CPI (M) leader Sitaram Yechury and discussed a lot of issues.

Yechury's party had officially rejected any tie-up with the Congress for upcoming elections.Rao had also said he had nothing against the prime minister.

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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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News Network
May 22,2020

New Delhi, May 22: India on Friday recorded its biggest spike in COVID-19 cases with 6,088 new cases and 148 deaths reported in the last 24 hours, taking the tally of coronavirus cases in the country to 1,18,447, as per the Union Ministry of Health and Family Welfare (MoHFW).

Out of the total cases, 66,330 are active cases and 3,583 have succumbed to the infection.

As many as 48,533 patients have been cured/discharged and one migrated till date.

Maharashtra continues to remain the worst-affected state with 41,642 cases, followed by Tamil Nadu (13,967 cases), Gujarat (12,905 cases), and Delhi (11,659 cases).

While Rajasthan has confirmed 6,227 cases of which 3,485 people have recovered while 151 patients are dead, Madhya Pradesh reported 5,981 cases including 2,843 patients recovered and 270 patients dead.

Uttar Pradesh has 5,515 COVID-19 positive cases.

In Kerala, which reported the first COVID-19 case, 690 people have been detected positive for coronavirus.

Ladakh has confirmed 44 coronavirus cases, 1,449 people have infected by the virus in Jammu and Kashmir.

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News Network
June 27,2020

Hyderabad, Jun 27: Ahead nurse working with a state-run hospital here died on Friday while undergoing treatment for COVID-19, a hospital official said.

The nurse, who was due to retire this month-end, tested positive about 10 days ago, he said.

The woman, who had been on medical leave for about 20 days, is suspected to have contracted the virus when she attended a private function in a neighbouring district, he said.

She was treated at the hospital for two days after she was found positive for COVID-19.

However, she was shifted to another government hospital as the symptoms continued unabated and sugar levels were high, he said.

The woman, who had comorbidities like diabetes and hypertension, died today.

Meanwhile, about 20 healthcare personnel, including doctors and paramedical staff, have so far tested positive for COVID-19 at the state-run Gandhi hospital, according to a hospital official.

He also said that there are around 50 patients whose family members have not come forward to take them home though the patients can be in home quarantine.

Family members have cited reasons such as residents not allowing a positive patient to return to the villages and presence of children at residences, for not taking them home, he added.

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