Pranab Mukherjee elected as 13th President, P A Sangma cries foul

July 23, 2012

pranab13thNew Delhi, July 23: Pranab Mukherjee on Sunday scripted history by becoming the first person from West Bengal to be elected as the President of India. He defeated his opponent, former Lok Sabha speaker P A Sangma, with a huge margin to be elected as the 13th President of the country.

Following the declaration of the results, Mukherjee thanked the people of the "great country" for his win with a record margin of sorts bagging 69 per cent of the votes.

"I express deep gratitude for electing me to high office," said Mukherjee.

Addressing mediapersons, he further said, "I thank all those who supported me…I thank Sangma for congratulating me." He said he would try to justify the trust of people, adding, "I have received much more than I have given".

Meanwhile, though Sangma congratulated Mukherjee on the win, he lashed out at his opponent saying the poll was not fair. Sangma did not even rule out moving court on the election, saying its process was "exceptionally partisan".

Not ruling out moving the Supreme Court on the election, he said, "We are meeting a day after tomorrow to review the whole situation where this matter will come up for discussion."

Addressing mediapersons, the former Lok Sabha speaker said the presidential and the vice presidential elections must have a code of conduct to make the elections fair.

When asked to clarify on his statement that the elections needed to be made fair, Sangma said that several states were given financial packages.

Sangma accused the UPA of indulging in unfair practices saying the election was not fair and the country had lost a great opportunity to elect a tribal President. "Election process was exceptionally partisan and political through economic and other packages, inducements and threats," he said.

"I might have lost the elections but nation also lost an opportunity to project a tribal as President. I thank Pranab Mukherjee for winning the Presidential poll," he told reporters.

"There is compelling need for establishing an election code of conduct in Presidential elections. Presidential and Vice-Presidential elections should have a code of conduct," he said, when asked to clarify on his statement that the elections needed to be made fair. He said that several states were given financial packages.

On asked if he will go to the court, he said, "We are meeting in a few days to discuss all these issues. We knew that there was a problem in Karnataka. Results also show in many places there was cross voting."

However, even before the election commission declared the final results, there was a steady stream of visitors at the residence of the former finance minister to congratulate him on the massive victory.

Among the early callers at his Talkatora Road residence, located not far from Parliament House, were Prime Minister Manmohan Singh, UPA chairperson Sonia Gandhi, Congress general secretary Rahul Gandhi and ministers from the UPA Cabinet.

Sonia Gandhi and party general secretary Rahul Gandhi came together ahead of the Prime Minister's visit to greet the 76-year-old veteran. They were soon joined by Singh and his wife Gursharan Kaur.

Lok Sabha Speaker Meira Kumar, Union ministers A K Anthony, P Chidambaram, Sushil Kumar Shinde, Subodh Kant Sahai, Farooq Abdullah and E Ahamed visited Mukherjee's residence to greet him for becoming the 13th President of India.

"We thank our all our allies for the victory of Pranab Mukherjee as the President of India. This is an emphatic victory," Chidambaram said after meeting Mukherjee.

DMK leaders T R Baalu and Murasoli Maran also met Mukherjee to greet him.

West Bengal Chief Minister Mamata Banerjee, who had earlier opposed the candidature of Mukherjee for the presidential elections but decided to back him two days before the voting, also congratulated Mukherjee. She also accepted the invitation by the President-elect to attend his swearing-in ceremony. The Trinamool Congress chief also invited Mukherjee to visit West Bengal first after the win.

Later, leaders from Opposition Bharatiya Janata Party (BJP) and Left parties also congratulated the man of the moment.

However, the BJP in Karnataka suffered a humiliation when Mukherjee secured a backing of 117 MLAs as against Sangma's 103, with some party members cross-voting in favour of the UPA nominee.

Mukherjee had a pledged support from only 98 MLAs – 71 from Congress and 27 from JD(S) – but he managed to secure the support of 19 more legislators.

Sangma could only garner 103 votes, even though the BJP has 119 members in the Assembly.

The counting of votes for the Presidential election was done in Room number 63 of Parliament. Six groups were formed for the counting of votes.

The six groups were:

Group 1: Andhra Pradesh, Gujarat, Kerala, Nagaland, Tripura and Parliament

Group 2: Arunachal Pradesh, Haryana, Madhya Pradesh, Odisha, Uttarakhand

Group 3: Assam, Himachal Pradesh, Maharashtra, Punjab, Uttar Pradesh

Group 4: Bihar, Jammu and Kashmir, Manipur, Rajasthan, West Bengal

Group 5: Chhattisgarh, Jharkhand, Meghalaya, Sikkim, Delhi

Group 6: Goa, Karnataka, Mizoram, Tamil Nadu, Puducherry

Following the counting, Rajya Sabha Secretary General V K Agnihotri officially declared Pranab Mukherjee elected as the 13th President of the country with 3095 votes valued at 7, 13, 763. His opponent P A Sangma secured 1483 votes valued at 3, 15, 987.

The total number of votes cast in the presidential elections was 4659, valued at 10, 47, 971, of which 4578 votes, at a value of 10, 29, 750, were valid. There were 81 invalid votes valued at 18, 221.

Agnihotri presented the certificate to Pranab Mukherjee on winning the presidential elections.


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News Network
May 20,2020

New Delhi, May 20: With 5,611 new cases reported in the last 24 hours, India's COVID-19 tally reached 1,06,750 on Wednesday, according to the Union Ministry of Health and Family Welfare.

As many as 140 deaths have been reported in the last 24 hours, taking the total number of deaths to 3,303.

Out of the total cases, 61,149 are actives cases and 42,298 patients have been cured/discharged/migrated.

Maharashtra continues to remain the worst-affected state with 37,136 cases, followed by Tamil Nadu (12,448 cases), Gujarat (12,140 cases), and Delhi (10,554 cases).

The nationwide lockdown imposed as a precautionary measure to contain the spread of coronavirus has been extended till May 31.

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News Network
July 27,2020

New Delhi, Jul 27: India's COVID tally on Monday crossed 14 lakh mark with the highest single-day spike of 49,931 cases reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

The total COVID-19 cases stand at 14,35,453, including 4,85,114 active cases, 9,17,568 cured/discharged/migrated, it added.

With 708 deaths in the last 24 hours, the cumulative toll reached 32,771.

India had crossed 13 lakhs COVID-19 cases on July 25.

Maharashtra has reported 3,75,799 coronavirus cases, the highest among states and Union Territories in the country.

A total of 2,13,723 cases have been reported from Tamil Nadu till now, while Delhi has recorded a total of 1,30,606 coronavirus cases.

According to the Indian Council of Medical Research (ICMR), 5,15,472 samples were tested for coronavirus on Sunday and overall 1,68,06,803 samples have been tested so far.

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News Network
May 25,2020

New Delhi, May 25: Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic.

The association, which has around 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand in the sector.

In an open letter to the prime minister, the Confederation of Real Estate Developers' Associations of India (CREDAI) said, "In this distressful situation arising out of the COVID-19 calamity, we in the real estate sector seek immediate relief for our survival."

Stating that the sector contributes substantially to the country's GDP and has backward and forward linkages with almost 250 industries, CREDAI said, "Our survival, therefore, is not just desirable, it is rather crucial for the economy."

Liquidity crunch, stagnant demand and cartelization of raw materials are major impediments for the industry to kickstart, it added.

CREDAI made seven recommendations to revive the sector and sought immediate intervention from the prime minister.

Pointing out that the situation is "much worse" than global financial crisis in 2008, CREDAI said "a one-time restructuring scheme as was permitted by RBI in 2008 may be quickly instituted by all lending institutions."

Since real estate was already reeling under a cyclical downturn before COVID-19, debt restructuring needs to be allowed for all accounts which were standard as on December 31, 2019, it added.

CREDAI demanded that all banks, non-banking financial companies (NBFCs) and housing finance companies (HFCs) should be directed to provide additional credit equal to 20 per cent of the existing real estate project related advances with no additional security and without the classification of project as NPA.

The penal interest charged by banks and financial institutions should be suspended for a period of one year or until such time as it takes for the pandemic to abate.

To revive housing demand, CREDAI suggested that "government should reduce the maximum rate of interest on new home loans to 5 per cent by subsidizing the interest component of EMIs for next five years."

The limit of principal deduction on housing loan under Section 80C should be increased to 2.5 lakh.

Interest deduction under Section 24 on housing loan for homebuyers may be increased to Rs 10 lakh, it said.

There should be no capital gains for residential properties held for a period longer than one year.

CREDAI also demanded that the subvention scheme be allowed again by National Housing Bank (NHB) and the Reserve Bank.

Under the scheme, builders used to pay EMIs on behalf of homebuyers during construction of projects.

"The economic uncertainty and job insecurity at the moment would not allow purchase of residential property at this time. A scheme whereby a homebuyer would need to pay only margin money with no EMI for 24 months will address this insecurity," the letter said.

The association pointed out that prices of cement and steel have been increased during the lockdown period, and asked for crackdown on cartelisation by manufacturers.

On the GST front, CREDAI said that the current regime of GST provides a rate of 1 per cent  for affordable housing.

"The limit of Rs 45 lakh serves as a criterion of affordability for the purpose of GST. On all other housing, GST is applied at the rate of 5 per cent without input tax credit. It has been felt that the criterion of Rs 45 lakh is too low an index of affordability anywhere across the country, and especially so in the metros," the letter said.

It will serve as an inducement to buyers in the metros if the benefit of GST at the rate of 1 per cent is extended to units costing up to Rs 75 lakh, the association said.

CREDAI pointed out that the flat rate of 5 per cent GST for under construction residential housing is causing cost build up and is acting as a deterrent for sale of under construction projects since there is no GST on completed units.

It suggested that GST rate of 1 per cent and 5 per cent, without input tax credit, should continue.

"However, an option of GST @12 per cent for normal housing/ 8 per cent for affordable housing (with 1/3rd deduction for land i.e. effective GST rate of 8 per cent for normal housing and effective GST rate of 5 per cent for affordable housing) with input tax credit (ITC) benefits in line with the scheme applicable for the works contracts for government may be revived and made applicable to the real estate," the letter said.

Lastly, CREDAI demanded that a Rs 25,000 crore stress fund for completing stalled housing projects should be deployed at the earliest.

"We shall be grateful for your much-needed intervention for the above mentioned measures required to revive the real estate sector," CREDAI said in the letter to the PM.

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