BJP may back PA Sangma as President candidate

May 21, 2012

Bjp_May_Back

New Delhi, May 21: Tamil Nadu chief minister J Jayalalithaa on Sunday stepped up her advocacy for P A Sangma as president, rallying support across the political spectrum. She called up BJP veteran L K Advani, who is believed to have told her that he was "positively inclined" towards Sangma personally but a decision would only be taken only after consultations within the party and with NDA leaders.

The NDA is likely to discuss its strategy by Tuesday in light of the intense lobbying for the former Speaker by the AIADMK chief.

Jayalalithaa also spoke to CPM general secretary Prakash Karat, CPI's A B Bardhan, TDP chief Chandrababu Naidu, SP chief Mulayam Singh Yadav and Punjab CM Parkash Singh Badal, the AIADMK said.

YSR Congress leader Jaganmohan Reddy is also learnt to be in favour of Sangma's candidature. In a coordinated move, Jayalalithaa and her Odisha counterpart Naveen Patnaik had floated Sangma's name on May 17.

While Jayalalithaa and Patnaik had propped up Sangma as a "tribal" candidate, Advani is learnt to be of the view that the NCP leader's credentials as a "Christian" has greater weight as the tribal block is fragmented, while the Christian block less so.

In fact, Advani is learned to have received a letter from the Council of Churches, a body of Christian clerics, who without naming Sangma, seem to be backing him. The letter pointed out that there had been presidents from other minority communities -three Muslim presidents and one belonging to the Sikh community - implying that a Christian should get the top job this time.

After Jayalalithaa's phone call to Mulayam, SP said it was not a hurry to decide on the presidential candidate and that the party had not taken a decision on whom to support. The CPI said it would decide on the issue after a party meeting on May 23.

Interestingly, the Nationalist Congress Party, to which Sangma belongs, has ruled out supporting his candidature, saying it would go with the UPA decision.

Lok Janshakti Party chief Ramvilas Paswan said in Tiruchirapalli on Sunday that his party would support the UPA candidate for presidency. Asked about Sangma's candidature, he said, "All are our friends. But we will support only the candidate chosen by UPA."

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Agencies
May 10,2020

New Delhi, May 10: A medium-intensity earthquake of 3.4 magnitude hit Delhi on Sunday.

According to the National Center for Seismology (NCS), the quake occurred at 1.45pm at a depth of five kilometres.

There were no immediate reports of loss of life or property.

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News Network
January 22,2020

New Delhi, Jan 22: Delhi Chief Minister Arvind Kejriwal has assets worth Rs 3.4 crore, an increase of Rs 1.3 crore from 2015, according to his election affidavit.

Kejriwal's total assets were worth Rs 2.1 crore in 2015.

The cash and fixed deposits of Kejriwal's wife Sunita Kejriwal increased from Rs 15 lakh in 2015 to Rs 57 lakh in 2020.

A party functionary said Rs 32 lakh worth cash and fixed deposits have been received by Sunita Kejriwal as voluntary retirement benefits while the rest are savings.

The cash and fixed deposits of the chief minister increased from Rs 2.26 lakh in 2015 to Rs 9.65 lakh in 2020.

There was no change in the value of immovable assets of his wife while Kejriwal's immovable assets' worth increased from Rs 92 lakh to Rs 177 lakh.

The party functionaries said increase in Kejriwal's immovable assets' worth is due to the increased valuation of the same asset as in 2015.

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March 27,2020

Mumbai, Mar 27: The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.

The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also, it reduced the cash reserve ratio maintained by the banks for the first time in over seven years. CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system.

The reverse repo rate was cut by 90 bps to 4 per cent, creating an asymmetrical corridor.

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune.

It all depends how India responds to the situation, he said.

Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.

Aggregate demand may weaken and ease core inflation further, he noted.

The liquidity measures announced include auction of targeted long-term repo operation of 3 year tenor for total amount of Rs 1 lakh crore at floating rate and accommodation under Marginal Standing Facility to be increased from 2 per cent to 3 per cent of Statutory Liquidity Ratio (SLR) with immediate effect till June 30.

Combined, these three measures will make available a total Rs 3,74,000 crore to the country's financial system.

After cutting policy rates five times in 2019, the RBI had been on a pause since December in view of high inflation.

The measures announced come a day after the government unveiled a Rs 1.7 lakh crore package of free foodgrains and cash doles to the poor to deal with the economic impact of the unprecedented 21-day nationwide lockdown.

While the Monetary Policy Committee (MPC) of the RBI originally was slated to meet in the first week of April, it was advanced by a week to meet the challenge of coronavirus.

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