Mamata, Mulayam want Manmohan as President

June 14, 2012

mamat

New Delhi, June 14: No Prime Minister has ever gone on to beco­me the President of the Indian Republic. But the record may have to be rewritten, and the country may also have a new Prime Minister, if the Congress’ two powerful partners in the ruling United Progressive Alliance (UPA) have their way.

Dropping a bombshell, Trinamool Congress supremo Mamata Banerjee and Samajwadi Party patriarch Mulayam Singh Yadav on Wednesday jointly proposed Prime Minister Manmohan Singh’s name as the ruling alliance’s nominee for candidature for the July 19 presidential election.

Their joint proposal, made in the national capital in the evening, came after a brief meeting between them that in turn followed Mamata’s separate meeting with UPA chairperson and Congress chief Sonia Gandhi. Singh’s was not the only name they proposed as possible candidates. But the two other names the Mamata-Mulayam duo tossed up – former president A P J Abdul Kalam and former Lok Sabha speaker Somnath Chatterjee – may not find favour with the Congress. Kalam will certainly not be acceptable to the Congress.

“We discussed three names ... A P J Abdul Kalam, Manmohan Singh and Somnath Chatterjee,” Mulayam told newsmen in Mamata’s presence, bringing the Prime Minister’s name in the reckoning for the first time. Before the two leaders went back into another huddle, Mamata, also the West Bengal chief minister, added: “We decided the names based on the persons who are honest, know the Constitution and can work for the nation. It will be good to have a President elected unanimously by all political parties.”

It wasn’t immediately clear if the two powerful allies of the Congress were acting as troubleshooters for the Congress leadership, and if the dramatic proposal was part of any thinking in the ruling political establishment to use the Presidential election to also bring about a change in the leadership of the UPA government.

As such, the UPA leadership has been criticised for creating a situation of “policy paralysis” in the country. The image of Singh has taken a beating in the facing of a mounting economic crisis. The Mamata-Mulayam proposal could also be an oblique hint of a lack of confidence in Singh’s leadership of the government.

Earlier during the day, just a few hours before proposing Si­ngh’s name for Rashtrapati Bh­avan, Mamata met Sonia for consultations on the Presidential election. Emerging from that meeting, Mamata told mediapersons that Union Finance Minister Pranab Mukherjee was the Congress’s first choice for Rashtrapati Bhavan, and the second choice being that of incumbent Vice President Hamid Ansari.

Adding to the intriguing proposal, there were strong suggestions within the ruling establishment that the UPA’s presidential nominee would be announced only after Prime Minister Singh returns home from his visit to Mexico and Brazil on the night of June 23. There is time till June 30 to file the nomination papers for the July 19 election. Singh leaves for Mexico on Saturday, the day the Election Commission is scheduled to issue the formal notification calling for the election.

The Congress did not react immediately to the Singh-as-President proposal of the Mamata-Mulayam duo. But the leading UPA partner cannot take the proposal lightly. Between them, the Trinamool Congress and the Samajwadi party command 10.6 per cent of the votes in the Electoral Colleague that elects the President.

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Agencies
June 30,2020

Seventy-seven per cent children below five years of age in Jammu and Kashmir were not able to access basic healthcare services like immunisation during the lockdown imposed to curb the spread of COVID-19, CRY said on Monday citing a study.

The 'Rapid Online Perception Study about the Effects of COVID-19 on Children' was conducted during the first and second phases of the lockdown based on responses of parents and primary caregivers from all across the country, including Jammu and Kashmir, the NGO said in a statement.

It said a total of 387 respondents from Jammu and Kashmir participated in the study.

"Seventy-seven per cent children of age 0-5 years were not able to access basic healthcare services such as immunisation during lockdown - necessarily imposed to curb the spread of COVID-19 pandemic in Jammu and Kashmir," Child Rights and You (CRY) said.

It said as immunisation programmes witnessed a major setback during the lockdown across the country, the results of the survey across 23 states and Union Territories found nearly 50 per cent of parents with children below five years of age unable to access immunisation services.

"Worryingly, the figure was considerably high in Jammu and Kashmir with 77.14 per cent children below five years unable to get immunisation services," it added.

According to the study, in Jammu and Kashmir, nearly 35 per cent of the respondents said their children did not receive medical help during the lockdown, resulting in difficulties to cope with their children's illnesses and health hazards.

The study also talks about more systemic arrangements and logistical preparedness to ensure that children with no or compromised digital reach are not deprived from their Right to Education.

With online classes introduced as a substitute of schools during the lockdown, access to education for children remained a major issue of concern, as many of them, especially the ones from marginalised and financially poorer backgrounds found it difficult without smartphones and internet access.

The survey's findings revealed that nationally only 41 per cent households with children of school-going age could access online classes on a regular basis.

"Almost 90 per cent parents and primary caregivers reported that the lockdown has increased the screen time of their child to great or some extent. About half of the households recorded an increase of children's exposure to online activities during lockdown," it said.

The NGO said around 76 per cent parents agreed that they could keep a watch of their children's online activity to some extent.

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News Network
January 31,2020

New Delhi, Jan 31: Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.

As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to hit an 11-year low of 5 per cent in the current fiscal ending March 2020.

The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21.

The Indian economy has hit the bottom and it will see an uptick from here, he said in a media briefing post the Economic Survey.

Amidst a weak environment for global manufacturing, trade and demand, the Indian economy slowed down with GDP growth moderating to 4.8 per cent in the first half of 2019-20, lower than 6.2 per cent in H2 of 2018-19.

Based on NSO's first advance estimates of GDP growth for 2019-20 at 5 per cent, an uptick in GDP growth is expected in the second half of the fiscal, it said.

According to it, the uptick in second half of 2019-20 would be mainly due to ten positive factors like picking up of Nifty India Consumption Index for the first time this year, an upbeat secondary market, higher FDI flows, build-up of demand pressure, positive outlook for rural consumption, rebound of industrial activity, steady improvement in manufacturing, growth in merchandise exports, higher build-up of foreign exchange reserves and positive growth rate of GST revenue collection.

The survey also emphasised that merger of public sector banks may increase the financial strength of the merged entities, lower the risk aversion and result in lowering of lending rates.

Further, as the implementation of GST further settles down, the increased unification of the domestic market may reduce business costs and facilitate fresh investment.

Reforms in land and labour market may further reduce business costs, said the survey, presented a day before Sitharaman's Union Budget 2020-21.

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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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