Bandh against diesel hike, FDI evokes mixed response

September 20, 2012

Evokes_Mixed_Response

New Delhi, September 20: A bandh called by NDA, Left parties and SP to protest against diesel price hike, FDI in multi-brand retail and cap on subsidised LPG today evoked mixed response as protestors disrupted road and rail traffic in parts of UP, Bihar, West Bengal and Odisha but it had little impact in Mumbai.

In Delhi, most of the markets remained closed and vehicular movement was normal though protesters blocked traffic at some places.

Shops in some areas like Bhogal, Laxmi Nagar, Defence Colony and South Extension in the capital were open in the morning hours but though big markets like Khan Market, Connaught Place, Greater Kailash, Karol Bagh, Chandni Chowk and Kashmere Gate were shut.


Auto rickshaws plied in the city and buses of state-run Delhi Transport Corporation (DTC) were on the roads in large numbers. At New Delhi railway station, auto drivers staged a protests and refused to carry passengers.

Earlier post:

Nationwide bundh today; trains stopped at Patna, Allahabad

BJP_Supporters

New Delhi, September 20(TNN): The opposition parties are holding a nationwide strike on Thursday demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas cylinders and allow foreign direct investment in multi-brand retail.

Samajwadi Party workers on Thursday morning blocked rail traffic at Allahabad railway station. BJP Yuva Morcha activists stopped trains at Patna junction.

Workers of SP, CPM, CPI, TDP, BJD, JD (S), All India Forward Bloc and the RSP have plans to organise picketing, demonstrations and court arrest.

BJP-led NDA is also holding a 'bharat bandh'.

Recent post:

Nation-wide bundh against fuel hike, FDI

bharat-bandh

(Agencies)According to TV reports, Bharath bundh started on a peaceful note.

The BJP workers stopped trains in Bihar and Samajwadi Party workers in Allahabad. But according to TV reports, the bandh has not affected Maharashtra. Schools and colleges are likely to be open in the State.

In Uttar Pradesh, Samajwadi Party has announced its participation while BSP has stated that it would not participate in the Bharath Bandh.

AP adds

Opposition workers have disrupted train services as part of a daylong strike to protest rising diesel prices and the government’s decision to open the huge retail market to foreign companies.

Protesters carrying party flags blocked railroad tracks on Thursday in several cities and towns, including Allahabad, Varanasi and Patna. They’re demanding that Prime Minister Manmohan Singh reverse the fuel hike and the decision on foreign retailers.

The strike is expected to shut down schools, businesses and public transportation.

It was called by the main opposition BJP, its allies and communist groups. Some of the government’s allies also are involved.

Last week, the government announced it will allow foreign investment in retail and aviation and the sale of minority stakes in four state-run companies.


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News Network
May 6,2020

New Delhi, May 6: Around 39 crore people have received financial assistance of Rs 34,800 crore amid the COVID-19 lockdown under the Pradhan Mantri Garib Kalyan Package (PMGKP) as on May 5, the government said in a statement.

These people received the assistance, which was announced by Union Finance Minister Nirmala Sitharaman on March 26 to protect them from the impact of the lockdown due to COVID 19, via digital payment infrastructure.

The swift implementation of the free food grain and cash payment package under PMGKP is being continuously monitored by Central and state governments. Also, Fintech and digital technology have been employed for swift and efficient transfer to the beneficiary.

As per the data provided by the government, Rs 16,394 crore front-loaded towards payment of the first installment of PM-KISAN was provided to 8.19 crore beneficiaries.

Rs 10,025 crore credited to 20.05 crore (98.33 per cent) women Jan Dhan account holders as first installment and Rs 2,785 crore credited to 5.57 crore women in the second installment.

Further, Rs 1,405 crore was disbursed to about 2.82 crore old age persons, widows and disabled persons and Rs 3,492.57 crore financial support was given to 2.20 crore building and construction workers.

Moreover, foodgrain has been distributed, covering 60.33 crore beneficiaries in all 36 Union Territories and states till April and 12.39 crore beneficiaries by 22 states/UTs for May. Pulses have been distributed so far to 5.21 crore household beneficiaries out of 19.4 crore such beneficiaries.

Over 5 crore cylinders have been booked under the Pradhan Mantri Ujjwala Yojana (PMUY) and 4.82 crore free cylinders already delivered to beneficiaries.

While 9.6 lakh members of Employees' Provident Fund Organisation (EPFO) has taken benefit of online withdrawal of non-refundable advance from EPFO account amounting to Rs 2,985 crore, 24 per cent EPF contribution transferred to 44.97 lakh employees account amounting to Rs 698 crore.

In the current financial year, 5.97 crore person's man-days of work generated under MNREGA scheme and Rs 21,032 crore were released to states to liquidate pending dues of both wage and material.

Insurance scheme for health workers in government hospitals and health care centres has been operationalised by New India Assurance covering 22.12 lakh health workers.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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News Network
January 7,2020

Jan 7: A Delhi Court today issued death warrant against four convicts in the 2012 Nirbhaya gang-rape and murder case. The hanging will take place on January 22 at 7 am.

During the hearing, the prosecution said there was no application pending before any court or the President right now by any of the convicts and the review petition of all the convicts was dismissed by the Supreme Court.

On Monday, the court had reserved order on issuing of death warrants against four death row convicts.

Today's order comes days after mother of the victim in the 2012 Delhi gang-rape and murder case moved the Supreme Court on opposing the plea filed by one of the four death-row convicts seeking review of its 2017 judgement awarding him death penalty.

The apex court had on July 9 last year dismissed the review pleas filed by the other three convicts — Mukesh (30), Pawan Gupta (23) and Vinay Sharma (24) — in the case, saying no grounds have been made out by them for review of the 2017 verdict.

The 23-year-old girl was gangraped and murdered by six men on a moving bus on 16 December 2012. The main accused, Ram Singh, allegedly committed suicide in Tihar Jail during the trial. Another accused was a minor at the time of the commission of the crime and was sent to a reform facility and released after three years.

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