Muslims have 150 countries to go but Hindus only have India: Gujarat CM Vijay Rupani

News Network
December 25, 2019

Ahmedabad, Dec 25: While Muslims can choose any one of the 150 Islamic countries in the world (for residence), India is the only country for Hindus, Gujarat Chief Minister Vijay Rupani said on Tuesday while justifying the Citizenship Amendment Act (CAA).

While addressing a rally in support of the CAA outside the Sabarmati Ashram here, the chief minister slammed the Congress for opposing the new law that grants Indian citizenship to non-Muslim refugees from Afghanistan, Pakistan and Bangladesh who have migrated till December 31, 2014.

"There were 22 per cent Hindus in Pakistan at the time of Partition (in 1947). Now, due to persecution, rapes and constant torture, their population has reduced to just 3 per cent. That is why Hindus want to come back to India. We are doing what the Congress was supposed to do to help these distressed Hindus. And when we are doing it now, you are opposing it," said Rupani.

He said the Hindu population has shrunken to just 2 per cent in Bangladesh.

"Out of 2 lakh Hindu and Sikh residents in Afghanistan some decades back, their number is just 500 today. Muslims can go to any of the 150 countries, but there in only country for the Hindus, and that is India. So what is the problem if they want to come back?" asked Rupani.

Seeking to counter protests against the Citizenship (Amendment) Act in various of the country, Gujarat BJP leaders and government functionaries on Tuesday took part in such pro-CAA rallies across all 33 districts of the state.

"Gandhiji was also of the opinion that India should grant citizenship to Hindus and Sikhs of Pakistan.  Even Manmohan Singh had supported such proposal when he was the PM (under the Congress rule). The Congress must explain to the nation why the party is opposing the CAA now," said Rupani.

Without taking names, Rupani also targetted Dalit leaders and outfits opposing the new citizenship law.

"There are 10,000 refugees from these countries living in Gujarat. Most of them who are living in Kutch are dalits, like Maheshwari and Meghwal communities. Dalit leaders need to explain why they are not in favour of granting citizenship to these dalit refugees. By opposing the CAA, these dalit leaders have been exposed," said Rupani.

The BJP leader further said it was "misfortune of India" to have parties and leaders like the "Congress, the Communists and (West Bengal CM) Mamata Banerjee".

"It appears that these parties are having fear that they may have to lose power if Hindus become citizens and illegal immigrants thrown out under the National Register of Citizens (NRC)," the CM said.

He said the BJP government in Gujarat has already started granting citizenship to such persecuted refugees.

Retired High Court Justice S M Soni, who heads Ahmedabad Nagrik Samiti, defended the CAA saying it does not violate any provisions of the Constitution as contended in some petitions filed before the supreme court against the act.

"The Act does not bar a Muslim from applying for Indian citizenship. He can do so by following proper procedures. This Act does not discriminate. Provisions of the Constitution does not apply to those who are yet to become citizens. This Act has fulfilled the dream of Mahatma Gandhi," said Soni.

Various BJP leaders and ministers attended similar events organised in different parts of state throughout the day.

In Surat, Forest Minister Ganpat Vasava and a large number of residents took part in a demonstration held near the collector's office and extended their support to the CAA.

Surat MP Darshana Jardosh and local MLAs Purnesh Modi and Vivek Patel also participated in a protest in support of the new law.

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News Network
January 23,2020

Patna, Jan 23: "They should go wherever they want," Bihar Chief Minister and JDU supremo Nitish Kumar said on Thursday when asked of Prashant Kishor and Pavan Verma's repeated questions about the party's stand's on the newly enacted Citizenship Act.

"It is their personal decision. They should go wherever they want. We don't have an objection. Don't look at JDU in the context of statements by some people. JDU works with determination. We have a clear stand and don't have any confusion," the Chief Minister told reporters here.

"If they have something to tell, they should come and discuss it within the party. They should go wherever they want. They have my good wishes," he said.

JDU spokesperson and national general secretary Pavan Verma has questioned his party's alliance with the BJP in Delhi Assembly polls while Kishor has more than once made his differences with the party known on the issue of the amended Citizenship Act, and National Register of Citizens.

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News Network
April 21,2020

New Delhi, Apr 21: The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet.

With storage capacity already overflowing amid coronavirus-induced demand collapse, traders rushed to to get rid of unwanted stocks triggering the collapse of US West Texas Intermediate (WTI) crude for May delivery.

Indian Oil Corp (IOC) Chairman Sanjiv Singh said the collapse was triggered by traders unable to take deliveries of crude they had previously booked because of a demand collapse. And so they paid the seller to keep oil in their storage.

"If you look at June futures, it is trading in positive territory... around USD 20 per barrel," he said.

Low oil prices may seem good in short-term but in the long run it will hurt the oil economy as producers will have no surplus to invest in exploration and production which will lead to a drop in production, he said.

He did not comment on retail fuel prices that have been static since March 16.

Oil companies have not changed rates despite a fall in international prices as they first adjusted them against the increase that was warranted from a Rs 3 per litre hike in excise duty and close to Re 1 per litre additional cost of switching over to cleaner BS-VI grade fuel from April 1.

Petrol in Delhi is priced at Rs 69.59 a litre and diesel comes for Rs 62.29 per litre.

"The negative price has no direct impact on India or Indian oil prices, as this has taken place due to crude oil produced and traded within the US. India's prices are driven partly by another benchmark, the Brent, which is still trading at USD 25/barrel. Therefore, the retail price of fuels in India are unlikely to fall," said Amit Bhandari, Fellow, Energy and Environment Studies, Gateway House.

Also, Indian refineries are already overflowing as fuel demand has evaporated due to the unprecedented nationwide lockdown imposed to curb spread of COVID-19. So, they can't rush to buy US crude.

The refineries have already cut operating rate to half because the fuel they produce has not been sold yet.

India imports 4 million barrels/day (1.4 billion barrels/year) of oil. The country has been benefitting from the falling prices of oil for the last five years, when oil dropped from a peak of USD 110/barrel to USD 50-60/barrel last year, enabling India to invest in public service programmes.

"However, the additional USD 30 fall of this week is good for India - but there is also a downside. If oil prices are too low, the economies of oil-rich gulf countries will be hurt, threatening the job prospects of the 8 million Indians working in the Gulf countries. India is the largest recipient of foreign remittances due to these workers – very low oil prices will hurt this cash stream," Bhandari said.

He said the negative price of oil shows how much oil oversupply exists in international markets today. "Global oil consumption has fallen due to the COVID-19 pandemic that traders are willing to pay customers to get rid of the barrels they can't store. The world does not have enough storage capacity, and dumping the oil is an environmental crime."

The first half of April saw Brent crude oil prices plummet 63.6 per cent to USD 26.9 per barrel. Prices of Western Texas Intermediate (WTI), the American oil, had also fallen similarly by 63.1 per cent.

But on April 20, WTI prices turned rapidly negative because traders on the Nymex exchange rushed to offload their May futures positions a day before expiry of contracts (on April 21).

Such WTI futures are traded on the Nymex exchange with contracts settled in physical crude oil. Problem is, those who had gone long are unable to find storage facilities for the oil and had to liquidate their contracts before expiry. This caused the plunge in WTI prices.

Contrast to this, June WTI Nymex futures prices is hovering around USD 21, while Brent for June delivery is at USD 25.

Miren Lodha, Director, CRISIL Research said the demand for crude oil was declining already because of economic slowdown when the COVID-19 pandemic-driven lockdowns crushed it further.

Consequently, oil demand is expected to contract by 8-10 million barrels per day (mbpd) in 2020 assuming demand recovery begins from the third quarter of the year, he said, adding if recovery doesn't happen by then, further demand destruction could occur.

On the supply side, producers reining in output following a strategic deal between OPEC members, Russia and the US.

Under this agreement, OPEC+ would reduce oil production by 9.7 mbpd for May and June, but gradually ease the curb to 7.7 mbpd between July and December 2020, and to 5.8 mbpd till April 2022 to stabilise prices.

"This is expected to reduce some surplus in the market by the end of 2020," Lodha said.

Crude oil demand is expected to decline by over 20 mbpd in April alone. Typically, monthly global demand is about 100 mbpd. Given this scenario, supply curbs would have limited influence.

Consequently, Brent oil prices is expected to be in the USD 25-30 range for the second quarter while increasing marginally in the last 2 quarters of 2020.

"The gigantic inventory build-ups and lack of storage facilities would also put pressure on prices," he said, adding overall Brent could average USD 30-35 in 2020, with a strong downward bias.

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News Network
June 22,2020

New Delhi, Jun 22: With an increase of 14,821 new cases and 445 deaths, India's COVID-19 count reached 4,25,282 on Monday.

According to the latest update by the Union Ministry of Health and Family Welfare (MoHFW), 13,699 deaths have been recorded due to the infection so far in the country.

The rise in confirmed cases today is lower than the highest spike of 15 thousand plus cases registered on Sunday.

The count includes 1,74,387 active cases, and 2,37,196 cured/discharged/migrated patients.

Maharashtra with 1,32,075 confirmed cases remains the worst-affected by the infection so far in the country. The state's count includes 60,161 active, 65,744 cured, discharged patients while 6,170 deaths have been reported due to the infection so far.

Meanwhile, the national capital today became the second-worst affected region in the country with the number of confirmed cases in Delhi reaching 59,746 as opposed to Tamil Nadu's 59,377 cases.

While 2,175 deaths have been reported in Delhi due to the infection so far, the toll in Tamil Nadu stands at 757.

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