Moga bus molestation: Badal says will punish culprits, victim's family wants FIR against him

May 2, 2015

Chandigarh, May 2: Expressing deep shock over the Moga bus molestation incident that resulted in the death of a girl, Punjab Deputy Chief Minister Sukhbir Singh Badal has said that he was “personally anguished” more because of the bus in which it happened, reports said Saturday.

Moga molestation case has come under immense fire as the victim mother-daughter duo was thrown off the bus which was owned by the Badal family.

Moga-bus-molestationThe deputy CM has called for severe punishment for those responsible for the tragedy however the victim's family, which has refused to even cremate the victim, wants an FIR to be registered against the bus owner, that is, the Badal family.

Issuing a statement two days after the incident, Badal said, "I am with the grieving family in their hour of extreme sorrow and want to assure them that those responsible for bringing this tragedy will be given exemplary punishment under the law of the land...I am personally and deeply anguished over the incident, the more so because of the bus in which it happened,” the ANI reported.

He also slammed the opposition parties for “latching on to” the Moga case to gain political mileage.

"I am deeply pained by the utterly irresponsible and inhuman statements emerging from some Congress leaders. Instead of helping in assuaging the wounded feelings of the affected family, the opposition leaders have been gleefully latching on to it as an opportunity to buy their lost political relevance in Punjab. That really saddens me," he added according to the ANI.

Devastated on the death of their daughter, the victim's parents have rejected Rs 20 Lakh compensation and a government job for her mother, who too was molested and pushed out of the bus.

The aggrieved family has also refused to cremate the victim.

The family is insisting that the owners of the bus, Orbit Aviation, be booked in connection with the offence and its road permits be cancelled, a demand vociferously supported by AAP.

The incident has provoked public outrage with opposition Congress and Aam Aadmi Party, besides farmers and rights groups taking to streets in Punjab and Delhi.

Earlier in the day, Congress and AAP joined the agitating family and activists staging a protest in front of the Moga civil hospital where the injured mother of the deceased is undergoing treatment. The body of the girl is also lying in the mortuary.

A large number of Aam Aadmi Party activists led by Sangrur MP Bhagwant Mann also held protest in front of the DSP office at Baghapurana.

Mann said, "This issue was also raised in Parliament yesterday. When law is equal in the country then why it is not being implemented with same spirit in Punjab.

When in Nirbhaya case the owners of bus were also booked in Delhi, then why not action should be taken against the Badal family who are the owners of Orbit Aviation."

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News Network
May 11,2020

New Delhi, May 11: Prime Minister Narendra Modi on Monday chaired a fresh round of consultation with chief ministers on ways to strengthen the COVID-19 containment strategy and stepping up of economic activities in a calibrated manner as the 54-day nationwide lockdown nears an end.

Large-scale movement of migrant workers from urban to rural India and the problems their return to home states may cause in restarting the economy will also be among the focus areas during the fifth virtual interaction between the prime minister and chief ministers since the outbreak of the deadly virus in the country.

There will be an effort to ensure that all participating chief ministers get an opportunity to air their views during the interaction, as some of the CMs had complaint that they were not allowed to put forth their views during the last interaction on April 27.

At a meeting on Sunday with Cabinet Secretary Rajiv Gauba, state chief secretaries told him that "while protection is required from COVID-19, economic activities also need to be stepped up in a calibrated manner", according to an official statement.       

With thousands of migrant workers taking special trains to go back to their home states, the restarting of industrial activities will prove to be a challenge for states though several relaxations have been made in labour laws to increase factory output.    

The meet is also likely to discuss efforts to convert 'red' zones with high COVID-19 case load into 'orange' or 'green' zones.       The prime minister interacted with the chief ministers last on April 27. Days after the meeting, the central government had extended the lockdown by two more weeks till May 17 to arrest the spread of the virus, but gave several relaxations in economic activities and movement of people.

The nationwide lockdown has been in force since March 25 to contain the spread of the virus, which has killed more than 2200 people, and afflicted more than 67,000 in the country.

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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 29,2020

New Delhi, Apr 29: India's tally of COVID-19 cases has reached 31,332, said the Union Ministry of Health and Family Welfare on Wednesday. With 73 more deaths reported, the number of deaths due to coronavirus in the country breached the 1,000 mark and stood at 1,007.

The tally is inclusive of 22,629 active coronavirus cases, 7,695 patients who have been cured/discharged and one patient migrated.

According to the Ministry, Maharashtra has the most number of COVID-19 cases with 9,318 cases of which, 1,388 patients have been cured/discharged while 400 patients have succumbed to the virus.

Gujarat has the second-highest number of positive cases in the country with 3744 cases including 434 patients cured/discharged and 181 deaths.

Delhi's tally stands at 3314 cases of which, 1078 patients have recovered while 54 patients have succumbed to the virus.

Madhya Pradesh has a total of 2387 positive cases including 377 patients recovered/discharged and 120 fatalities.

Meanwhile, Goa (seven cases; all seven recovered), Arunachal Pradesh (one case; now recovered), Manipur (two cases; both recovered), Tripura (two cases; both recovered) have reported no new cases of COVID-19.

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