Electoral reforms need of the hour: Pratibha

April 15, 2012

PrathibaNew Delhi, April 15: President Pratibha Devisingh Patil considers preserving the secular, democratic, fabric of India among the difficult tasks facing the country today, the others being the challenges of achieving inclusive growth and curbing social problems such as corruption.

Ms. Patil, whose term ends in July, on Thursday shared with The Hindu her experiences as President and her views on what is required for nation-building.

She said it was imperative to usher in electoral reforms to maintain the country's secular and democratic characteristics. Education, women's empowerment and focus on moral values should be at the core of the reforms.

The interview ended before this reporter had a chance to ask the President about some of the specific challenges she has had to face during her tenure, such as handling of mercy petitions from prisoners on death row.

“Electoral reforms are needed. We have been conducting our elections very well, but we need to keep the elements of money and muscle out. We have to bring in reforms to remove the impurities that have crept into the system,” she said.

To maintain the secular fabric of the world's largest democracy, she said, different stakeholders needed to work with a deep sense of responsibility to see that our democracy remained “clean and healthy.”

“A good signal”

A former Governor of Rajasthan and seasoned politician, Ms. Patil said elected representation of women, especially at the grassroots, and their subsequent ascent to the top had “sent a good signal.”

Ms. Patil, who became the first woman President of the country in 2007, said she was hoping for consensus on the long-pending women's reservation Bill.

“Women's reservation Bill is already in Parliament…but it will be a happy moment if some consensus emerges. I won't say what, but some good formula should be arrived at. Let Parliament do its job, but I do hope they come up with something that is acceptable to all political parties.”

Looking back, she said her years at Rashtrapati Bhavan were “an experience.” “I have met so many people from a cross-section of society, school children who have shown bravery, women who have stood up against social problems like female foeticide, dowry and addiction. It has been an experience. There is a vast pool of talent in this country, there are people who are brave and have the guts to take a stand to face circumstances, there are people with great energy and we need to draw on this energy and talent for nation-building.”

Elaborating on the experiences drawn from her meetings and travels both inside and outside the country, Ms. Patil said: “I have seen people do social service without any self-interest. There are people who collect medicines for those who cannot afford them or used toys for the needy — these are the kind of activities that the youth should be encouraged to take up. There is a gap that needs to be filled and it can be done by people with a vision and a sense of social service.”

“My message to the youth is to strike a balance between consumerism and values. They have a lot of energy, they are better equipped than the previous generations, have better education, and they must bring about social change. Problems of dowry, addiction, female foeticide will not go away through laws and punishment, we need to change attitudes for eradicating these,” Ms. Patil said.

A lawyer, politician and sports enthusiast, Ms. Patil said that though women's participation in government, the judiciary and other public spheres had improved over the years, there was still need to build confidence and encourage involvement.

“I have seen a new confidence in the eyes of the women in rural areas, in the gram panchayats where women want to do something. The question is who is to empower them. There are schemes for women that need proper implementation, there should be education and information available to them,” she said.

Straightening the country's secular tenets and reverting to the ideology of Mahatma Gandhi, she said, should be part of nation-building.

“I feel very happy that we have carried forward our biggest, vibrant democracy, though there might have been difficulties, but it has been a smooth process. We have to keep intact our communal harmony and that would be our major achievement,” Ms. Patil said.

‘Values being ignored'

Access to quality education, health care and elimination of poverty, she pointed out, should be the goals that the policymakers and the future generations should focus on.

“We have enough schemes but we need to ensure that they reach the last person for whom they are intended. The youngsters need to focus on education and their vocations but they should also pay attention to social values imparted by our traditions, culture and the values preached by Mahatma Gandhi. There is growing consumerism in this country; we need the younger generation to understand human values. We have values of family, looking after ailing, ageing parents; there are traditions like Raksha Bandhan, where the brother promises to protect the interests of the sister; somewhere we feel these values are being ignored and getting diluted. That is another challenge we must face.”

Ms. Patil, who likes to walk around the Mughal Gardens on Rashtrapati Bhavan precincts in her free time and snatches moments to try her hand at her favourite sport, table tennis, wants to continue working for issues related to women and their empowerment after demitting office.

“During my walks around the Mughal Gardens I felt the need to do something to keep it [the estate] clean. That is when we thought of ‘Roshini' [a programme that is intended to make the estate a zero-waste zone] and self-help programmes for the women residents. There is so much to do, things need to be changed or kept properly…” she said, declining to comment on what have been the challenging moments, for her as President.

“There are many memories and memorable experiences, like preparing for a Sukhoi ride,” she said laughing, “but the challenges, I will talk about later.”

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News Network
June 11,2020

The Indian National Congress is considering to move court seeking action against operation lotus,  after an audio clip in which Madhya Pradesh chief minister Shivraj Singh Chouhan can be heard saying that the Central leadership of Bharatiya Janata Party wanted the Kamal Nath government to fall went viral.

Mr Chouhan is also heard saying in the purported 9.28-minute long audio clip that it was not possible to pull down the Kamal Nath government without the help of Jyotiraditya Scindia and his loyalist, former Congress MLA Tulsi Silawat.

The Congress, which has all along maintained that the BJP had hatched a conspiracy to pull down the 15-month-old Kamal Nath government to “capture” power in MP, threatened legal action.

“I have been maintaining from the very beginning that there was a conspiracy to pull down my duly elected government… The audio has established that the BJP’s Central leadership had conspired to pull down my government even though it enjoyed majority,” former chief minister and Congress veteran Kamal Nath said.

Working president of MP Pradesh Congress Committee (PCC) Jitu Patwari said his party may move court against the BJP for having plotted to dislodge an elected government following the expose in the purported audio.

Mr Chouhan was reportedly addressing BJP workers of Sanware Assembly constituency in Indore on Monday when he allegedly said in Hindi, “The Central leadership (of BJP) decided that the (Kamal Nath) government should fall. They (the Kamal Nath government) will ruin and destroy … Tell me, was it possible to dislodge the government without Jyotiraditya Scindia and Tulsi Bhai? There was no other way.”  

The “Tulsi Bhai” referred to in the clip is former health minister who joined the BJP along with Mr Scindia.

“In the coming bypoll if Tulsi Silawat doesn’t become MLA again, will I be able to remain CM, will the BJP government survive?” he allegedly said, exhorting BJP workers to overcome their differences and work for Mr Silawat’s victory in the upcoming by-elections in the Sanwer Assembly seat.

Twenty-two Congress MLAs, loyal to Mr Scindia, had resigned from the Assembly leading to the fall of the Kamal Nath government on March 20, paving the way for Mr Chouhan to return as chief minister for the fourth time.

All the 22 ex-Congress MLAs later joined the BJP with Mr Scindia. Two of them, Mr Silawat and Govind Singh Rajput, have been inducted into the Shivraj Singh Chouhan Cabinet.

The BJP has vehemently denied any role in the collapse of the Kamal Nath government. Neither the saffron party’s Central leadership nor Mr Chouhan have reacted to the audio clip yet

But the party’s state spokesperson Rajneesh Agrawal dismissed the charge that it had a hand in the fall of the Kamal Nath government.

“Infighting in Congress had led to the fall of the Kamal Nath government,” he said.

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News Network
January 27,2020

New Delhi, Jan 27: The government on Monday issued the preliminary information memorandum for 100 per cent stake sale in national carrier Air India. As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS, as per the bid document issued on Monday.

Management control of the airline would also be transferred to the successful bidder.

The government has set March 17 as the deadline for submitting the Expression of Interest (EoI).

EY is the transaction adviser for Air India disinvestment process.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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