Sonia Gandhi tells UPA govt: Time’s running out, so perform

May 23, 2012

UPA-anniversary-Sonia-PM-jpg

New Delhi, May 23: Marking the third anniversary of the UPA II government, Congress chief Sonia Gandhi on Tuesday put the ruling coalition in poll mode, warning her party and allies that they have two years to get their act together as UPA-2 can hope to renew its mandate in 2014 only on the basis of performance rather than promises.

Her remarks came after Prime Minister Manmohan Singh in his speech acknowledged that people were angry and frustrated over corruption. "We know there is public frustration and anger over the issue of corruption. I wish to assure our people that we are working sincerely to address the issue," the PM said in a candid acknowledgement of the problem which is seen as having sapped the goodwill for the government.

Sonia outlined the task ahead, saying, "We are aware that only two years are left when we will be seeking a new mandate from the people. We are fully aware that the result of that will not depend on our promises but on the nature of work done by us."

The wake up call came as the government utilised a function at Prime Minister Manmohan Singh's residence to rebut the damaging charge that UPA-2 was in the grip of a "policy paralysis" by releasing a report that talked of a robust economy and ambitious welfare schemes.

Responding to questions, the PM also pitched in, saying, "The perception (of a policy paralysis) can be misplaced. It can be corrected by reality. The facts can correct the perception."

The function gave the government an opportunity to showcase its numbers in Parliament with Samajwadi leader Mulayam Singh Yadav finding pride of place next to home minister P Chidambaram. A seat for RJD leader Lalu Prasad as well underlined the coalition's comfortable majority in Lok Sabha.

It was Sonia's speech at the dinner to mark three years of UPA-2 that set the tone on a humid May evening when she said that while "opponents were being loud and aggressive, and leveling irresponsible charges", the government must concentrate on working hard and fulfilling its objectives.

On corruption, the PM said the government was trying to set up Lokpal and make a law for time-bound delivery of public goods and services and judicial accountability. "We are trying to ensure exemplary punishment to the guilty while also ensuring that public servants feel secure in taking bona fide decisions that are in the national interest," he further said.

Congress leaders pointed out that since the last six months of a government's terms are invariably overtaken by the dynamics of elections, the government just about has 18 months to deliver on big issues like corruption and the economy. They interpreted Sonia's speech as a reminder that the window for tackling the challenges of perception of sleaze, as well as a slowing economy and stubborn inflation, is rather small.

Reverses in state and civic polls show that the government has reasons to worry. Although the BJP is also in a disarray, many in Congress feel that voters may decide to punish the incumbent without being concerned about political stability.

However, Sonia, who is also UPA chairperson, struck an upbeat note. "There is no room for disappointment (nirasha) even as the country faces a challenging economic situation," she said, pointing to UPA-2's achievements, particularly those that have benefitted the disadvantaged through health insurance and rural employment guarantee schemes.

Sonia's unambiguous remarks can be seen as a early poll bugle as the government has been immersed in crisis management, with the latest preoccupation being managing the presidential election in the face of conditions imposed by assertive allies like Trinamool Congress.

The well-filled stage would give Congress managers some respite as those on stage represent a comfortable majority in Lok Sabha, enough to ensure the ruling coalition lasts its full term.


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News Network
March 2,2020

Mathura, Mar 2: Union Minister of state Sadhvi Niranjan Jyoti on Sunday said after the Citizenship (Amendment) Act (CAA), the Centre might bring a population control law.

Jyoti claimed that she has already spoken to Prime Minister Narendra Modi in this regard.

She said she believes that this issue is under the prime minister's consideration and he himself has discussed the importance of bringing this law.

Jyoti arrived here on Sunday to attend a tribute meeting held at Swami Vamdev Jyotirmath in Chaitanya Vihar. Unnao MP Sakshi Maharaj was also present at the event.

"There was a time when abrogation of Article 370 in Jammu and Kashmir was impossible. It was feared that if such thing happens, there will be bloodbath. No one will be hold the national flag in Kashmir. But this government can bring any law in favour of the nation," Jyoti said.

"Now, everyone believes that if Article 370 can be removed...Prime Minister Narendra Modi can bring any law which is important for the country," she added.

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expat
 - 
Monday, 2 Mar 2020

already people are childless. struggling for IVF treatment. no need of population control. it is automatically getting control byu nature.

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News Network
January 29,2020

Aurangabad, Jan 29: Accusing Prime Minister Narendra Modi and Union Home Minister Amit Shah of creating a conflict between Hindu and Muslim communities in the country, former JNU student leader Kanhaiya Kumar has said the Citizenship (Amendment) Act (CAA) was adding fuel to the fire.

He was speaking at a rally held on Tuesday at Pathri in Parbhani district of Maharashtra against the CAA and the National Register of Citizens (NRC). It was organised by NCP MLC Abdullah Durrani.

"Modi and Shah used to create conflicts between Hindus and Muslims during the Gujarat elections. Now they are adopting the same strategy in the country," Kumar alleged.

Citizens should keep the religious conflicts aside and question the present government about unemployment and the poor state of the economy, he said.

"Through the CAA, the government is adding fuel to the fire, which is already raging in the country," he alleged.

When anyone questions the government about the problems existing in the country, it in turn asks him about his citizenship, the former JNUSU leader alleged.

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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