‘Modi govt will not tolerate this’: HRD minister to universities against CAA

News Network
December 30, 2019

Kolkata, Dec 30: As anti-citizenship law protests in various universities showed no signs of let up, Union HRD Minister Ramesh Pokhriyal on Sunday said the central government will not tolerate educational institutions turning into hubs of politicking “at any cost”.

He said that anyone is free to engage in political activities, but colleges and universities should be kept out of it, as many students come to study from far-off places.

“The Narendra Modi government is not going to tolerate this at any cost,” he asserted.

Scores of students from universities across the country, including Jawaharlal Nehru University, Jamia Millia Islamia, Delhi University, Jadavpur University and Presidency University, have been protesting against the Citizenship Amendment Act (CAA).

Pokhriyal accused the opposition parties of deliberately spreading misinformation over the CAA. “It is the Congress, which is responsible for the country’s division on religious grounds, that is spreading misinformation about CAA,” he said.

Taking a swipe at West Bengal Chief Minister Mamata Banerjee for opposing the citizenship law, the minister said the TMC supremo was the one to protest against illegal immigration in the state in 2005 when she was an MP.

 “She had vociferously demanded the Citizenship Amendment Bill back then,” he said.

On the new education policy that is under works, Pokhriyal said it would be connected with the values of the country.

 “The new education policy, which will be brought out after a gap of 33 years, will be India-centric and connected with the country’s values,” he said.

Pokhriyal said the country’s education will advance through knowledge, science and investigation.

He sought to justify the Centre’s decision to grant citizenship to religious minorities from Pakistan, Afghanistan and Bangladesh, contending that these countries are “not secular”.

The minister said that during Partition, religious minorities -- including Hindus, Buddhists, Sikhs, Jains and Christians -- accounted for “over 23 per cent” of Pakistan’s population, but the figure stands at “around 3 per cent” at present.

 “I want to ask Mamataji, where have these people gone and the Congress should also give an answer as to whether they were forced to change religion or killed or forced to flee?” he said.

Pokhriyal claimed that the Muslim population in India has grown from “9 per cent during Independence to 14 per cent at present”.

“The opposition is referring to Article 14 of the Constitution, but the Constitution is for the citizens of the country and it is not a charity house for the whole world,” he said, asserting that there is equality for every citizen irrespective of religion.

Pokhriyal said there is “no bigger” a well-wisher of Muslims of the country than Prime Minister Narendra Modi.

Asked about the protests against West Bengal Governor Jagdeep Dhankhar at universities, he said it is the failure of the state government and an indication that law and order situation is “slipping out of the hands” of the administration.

Comments

Paul
 - 
Tuesday, 31 Dec 2019

Division an all round standing ovation!!  Stoke the masses cause divide and confused beliefs-amongst the citizens - students; bring in harsh measures at ...Quote ..." at any cost" implement changes of laws etc etc. It's like reading the ABC (Alternating Beurocratic  Crap) of simpletons.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
April 16,2020

Thiruvananthapuram, Apr 16: Seven fresh cases of COVID-19 were reported from Kerala on Thursday, taking the total number of active cases to 147 in the state,even as over 88,000 people are under observation.

On Wednesday, only one positive case had been reported, thelowest in weeks.

While Kannur reported four cases, two were from Kozhikode and one from Kasaragod, Chief Minister Pinarayi Vijayan told reportershere.

Five of those affected had come from abroad, while two have got it through contact with infected people.

Samples of 27 people, including 24 from the worst affected Kasaragod, have turned negative on Thursday.

He said 394 coronavirus cases have so farbeen detected from the state.

Over 80,000 people are under observation, including 532 in various hospitals.

Vijayan said 17,400 samples have been sent for testing of which 16,459 have returned negative.

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News Network
May 22,2020

Bengaluru, May 22: Amazon.com Inc’s India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been stuck indoors for two months in a lockdown to fight the coronavirus outbreak.

E-commerce firms faced massive disruption in the initial days of the lockdown in India, but a slow easing of the stringent regulations has allowed them to resume large parts of their operations.

"We want to continue helping customers all over India get everything they need so they can continue to practice social distancing," Amazon senior executive Akhil Saxena said in a statement on the company's blog. (bit.ly/2A1Wv7O)

“(The move) will also keep as many people as possible working during this pandemic while providing a safe work environment for them,” said Saxena, Amazon’s VP for customer fulfillment operations in APAC, MENA & Latam.

The temporary hires will work in Amazon’s fulfillment centers and as part of its delivery network, the company said, making the announcement at a time when various other companies in the country have been forced to cut jobs as they try to tide over the health crisis.

Amazon itself has pushed its annual global Prime Day event, traditionally a summer affair, to September, the Wall Street Journal reported on Thursday.

In India, where the Jeff Bezos-led company faces stiff competition from Walmart Inc’s Flipkart, Amazon earlier said it plans to create 1 million jobs by 2025.

The company also said on Thursday it plans to enter the food delivery business in India, pitting itself against well-established startups such as Swiggy and Zomato.

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