Bigger role for Rahul Gandhi soon, Digvijaya Singh hints

July 16, 2012

rahu

New Delhi, July 16: Rahul Gandhi seems to have finally agreed to play a larger role in Congress affairs in what can resolve the uncertainty over the party's leadership in the lead-up to the 2014 Lok Sabha elections.

This was indicated by Congress general secretary Digvijay Singh who said he was positive that Rahul would soon graduate in organizational affairs. "Hopefully, Rahul will take a more proactive role by September," he told TOI, adding that he was talking about Rahul moving away from his current charge of youth outfits to the mainstream Congress.

Congress sources confirmed that Rahul had agreed to expand his involvement and welcomed the development, saying it would relieve them of the anxiety about who could be leading them into the next elections.

There are indications that Rahul may remain engaged with the organization, though there is no clarity yet on whether it would mean creation of a new post in the organization.

What is clear is that even if Rahul does not become the top boss in AICC, his stepping up to the plate, and away from his current minor charge of youth outfits, would automatically project him for the prime ministership.

Rahul's reluctance has dragged the leadership issue despite the fact that there is little doubt in any mind about who the heir-apparent is. His insistence to be allowed to move at his own pace had compounded the leadership conundrum in the party because a countdown of sorts has already been sounded for the Lok Sabha polls.

While a third term for Prime Minister Manmohan Singh is ruled out, Sonia Gandhi's refusal to join the government and, lately, health issues have been nudging party managers to clinch the leadership issue ahead of the Lok Sabha polls. Clarity on Congress's mascot leading them into the elections would be welcome considering NDA is grappling with leadership issues which seem far more complicated to resolve in view of the competing claims from saffron GenNext.

Talking to TOI, Singh reasoned that September would be the ideal window for Rahul's move up since the vice-president's election and the monsoon session of Parliament would be over by then. "It (the change) would be best before the winter session," he said.

The Congress general secretary said Rahul had complete backing, in fact urging, of the party ranks. "The majority of Congress workers are waiting for a more proactive role from Rahul in Congress politics," he said.

The indications are likely to heighten anticipation in Congress ranks in the coming days, given that the clamour for Rahul to take centre stage is already growing. Law minister Salman Khurshid's recent remarks that the "party was in waiting time" till Rahul took up a proactive leadership role was privately endorsed by many across party ranks.

The young leader's move to the next level is set to shake up the Congress in style and substance even as it will defy the perception after the rout in UP polls that he would retreat into a shell and further delay his projection in a bigger role.

The transition of sorts in Congress will come when the time has changed from favourable to challenging over the last three years since Rahul was hailed as a youth icon after the Lok Sabha triumph.

While BJP-led NDA can be expected to change its target from Sonia to Rahul in a bid to unsettle him, Digvijay Singh said it did not matter. "Any politician who fears being targeted is not worth being in politics. And Rahul Gandhi is not such a person," he said.

All eyes will then be on how Rahul reconciles the central compulsions of Congress with its regional imperatives to revive the organization.

The obvious challenge will be UP. Since the rout this year, Congress has moved closer to rivals Samajwadi Party and Bahujan Samaj Party to bail out UPA, a move which seems to undercut Rahul's insistence that "going it alone" was the way forward in the heartland.

West Bengal will be another challenge given Trinamool Congress's eagerness to break away from Congress, while he will be tested severely in coming assembly polls in Himachal Pradesh and Gujarat.


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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
June 17,2020

New Delhi, Jun 17: Petrol and diesel prices were increased in metros on Wednesday, marking the eleventh straight day of increase since state-owned oil companies returned to the normal practice of daily reviews following a 12-week pause. With effect from 6 am, the price of petrol was increased by 55 paise per litre, and diesel by 69 paise per litre in Delhi, compared to the previous day. While the price of petrol was revised to Rs 77.28 per litre in the national capital from Rs 76.73 per litre the previous day, the diesel rate was increased to Rs 75.79 per litre from Rs 75.19 per litre, according to notifications from state-run Indian Oil Corporation, the country's largest fuel retailer. In the 11-day period, the price of petrol has been increased by a cumulative Rs 6.02 per litre, and diesel by Rs 6.49 per litre.

International crude oil prices retreated on Wednesday, weighed down by an increase in US crude inventories and worries about a potential second wave of the coronavirus pandemic. Brent crude futures - the global benchmark for crude oil - were last seen trading 1.0 per cent lower at $40.56 per barrel.

State-run oil marketing companies revise the prices of petrol and diesel from time to time, besides aviation turbine fuel (ATF) - or jet fuel - and liquefied petroleum gas (LPG). However, since March 16, the oil companies had kept petrol and diesel prices on hold, possibly due to the volatility in global oil markets.

Fuel retailing in the country is dominated by state refiners - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation. The three own about 90 per cent of the retail fuel outlets in the country.

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News Network
May 23,2020

New Delhi, May 23: On the occasion of Jumat-ul-Vida, the last Friday of the ongoing holy month of Ramzan, a select group of people offered namaz at Delhi's Jama Masjid ahead of Eid-ul-Fitr, while adhering to social distancing following relaxations in the fourth phase of the COVID-19 lockdown.

"A large number of people wanted to offer prayers today but we told them they should do so from their homes. Only the staff of the mosque and a few members of the family offered prayers here," Shahi Imam of Jama Masjid said.

The coronavirus pandemic has also marred the excitement of Eid for the vegetable and fruit vendors in neighbouring Daryaganj.

The fourth phase of nation-wide lockdown extended till May 31, began from Monday in which markets and shops were allowed to open. However, due to persisting fear of COVID-19, the sale of products is yet to pick pace.

Unlike each year, the market lacks the sheen this Eid with no bustle and people cautious about venturing out.

Salim, who has been selling cheese and curd in the market for the last 35 years, told ANI, "I have never seen such an Eid. There is an atmosphere of fear in the minds of people."

Another fruit seller Haseen Malik said that "During the month of Ramadan, most people relish fruits such as musk melon, sweet lemon and watermelon so there is some demand for it. But there is no excitement for Eid this year. The sale has been at an all-time low because of the lockdown."

In the wake of the festival and to ensure social distancing, Delhi Police has made elaborate security arrangements. 

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