Narendra Modi a marketing man, can even lay claim to Taj Mahal: Akhilesh Yadav

November 23, 2013

AkhileshLucknow, Nov 23: Chief minister Akhilesh Yadav took a dig at Narendra Modi on Friday saying the BJP's PM aspirant's campaign was heavily based on strong marketing tactics. Without taking Modi's name even once, Akhilesh said, "Ye sales aur marketing ke log hain. Inhe agar America ka visa milta to Taj Mahal ko bhi claim kar lete." (These people have built their image with the help of strong sales and marketing. If they were granted the US Visa, they would even stake claim to having built the Taj Mahal.)

The CM was speaking at an event to flag off radio taxi services in 13 municipal cities of Uttar Pradesh.

Akhilesh also ridiculed Modi's dig at Gujarat lions taking over UP's Chambal valley. Implying UP knows how to tame the Gujarati lions, Akhilesh said the state government is making preparations to cage them within a "grand" 300 acre cage. Cheekily, he added that if Gujarat gave UP its lions, the most populous state of the country had also sent its share of "animals" to it.

Akhilesh, who has so far steered clear of political mud-slinging was more vocal than usual. A day after the Samajwadi Party rally in Bareilly drew large numbers, the CM's comments put a question mark on reports of a tacit understanding between the SP and the BJP. He said that the real battle of votes in UP was now actually a grassroots level fight over development. "This a battle of development in which SP is bound to win. People who are nothing more than media constructs will also be demolished by the media," he added.

UP CM, who laid emphasis on the government's commitment to its poll promises, said he was happy with the speed at which the government machinery was executing its plans. On Friday, Akhilesh laid the foundation stone of a 500-bed super-specialty cancer hospital and research and referral centre, flagged off radio cab service, launched online tax collection service for commercial vehicles in Ghaziabad and Lucknow and also laid the foundation stone for Awadh Shilp-gram along the lines of Dilli Haat, to encourage indigenous handicrafts.

Akhilesh also said that the ongoing political race in UP was worth nothing. "People from other states may come and stake their claim, but if you look at history you will know UP produces the prime ministers," he said, hinting at SP chief Mulayam Singh Yadav's prime ministerial aspirations.

Akhilesh also sharpened his attack against BSP chief Mayawati, claiming she had given out too many "sweeteners" to investors in UP and set a bad precedent. Saying his government and its officers were doing everything to attract industry, he said the BSP government has left the state's economy in a mess. "The condition of our economy is such that in many cases we will not get loans even if we want them," Akhilesh said. He also alleged that "pancham tal" (CM's secretariat) during Mayawati's term was forever researching new ways to increase corruption. The SP government, he added, was having to battle this while bringing fresh development to the state. "Now there are other people who are coming to UP to loot its coffers," he added, making yet another reference to Modi.

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News Network
April 27,2020

New Delhi, Apr 27: Prime Minister Narendra Modi on Monday held a video conference with chief ministers to discuss the situation arising due to the coronavirus pandemic in the country, which has been under a lockdown since March 25 to contain the spread of the virus, amid indications that the interaction would also focus on a graded exit from the ongoing lockdown.

This is Modi's fourth such interaction with state chief ministers since March 22 when he discussed coronavirus situation and steps taken both by the Centre and the states to contain the pandemic.

Two days later on March 24, Modi announced a 21-day nationwide lockdown. He extended the lockdown by 19 days on April 14, the last day of the initial three week shutdown, till May 3.

Sources in the government had on Sunday indicated that besides discussing the way forward in dealing with the pandemic, the prime ministers and chief ministers could also focus on a "graded" exit from the lockdown.

In a tweet on Monday, the Prime Minister's Office said Modi and the chief ministers will be discussing aspects relating to the COVID-19 situation.

In his monthly 'Mann ki Baat' radio address on Sunday, the prime minister said the country is in the middle of a 'yudh' (war) and asserted that people have to continue being careful and take precautions.

His note of caution came amidst gradual exemptions being granted by the Centre and states to revive economic activities.

"I urge you not to get overconfident. You should in your over-enthusiasm not think that if the coronavirus has not yet reached your city, village, street or office, it is not going to reach now. Never make such a mistake. The experience of the world tells us a lot in this regard," Modi said while referring to a popular Hindi idiom 'Sawdhani hati, durghatna ghati' (disaster strikes when you lower your concentration).

The Centre and the state governments have been giving gradual exemptions to boost economic activities as also to provide relief to people as some states want further relaxation in areas which have seen few or no coronavirus cases.

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News Network
March 26,2020

New Delhi, Mar 26: Ujjwala beneficiaries will get free gas cylinders (LPG cylinders) in the next three months, Finance Minister Nirmala Sitharaman announced on Thursday. Addressing a press briefing amid coronavirus pandemic, the finance minister said the announcement is set to benefit 8.3 crore BPL families. 

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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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