Won't pull out of UPA, say DMK sources, but will take part in bandh

September 20, 2012
Wont_pull

Chennai, September 20: After Mamata Banerjee's dramatic exit, the Congress is left without its biggest ally in the coalition it leads at the centre, but another big partner, the DMK, has made a welcome reassurance.

(After Mamata pullout, Congress gauges room for compromise: Top 10 facts)

Sources in the Southern party, which has 18 Lok Sabha MPs, say that the DMK has decided "not to embarrass the UPA" and that its course will not be affected by Ms Banerjee's pull-out last night, which has converted the UPA to a minority. The party, will however, participate in a bandh or strike called tomorrow to protest against the centre's new reforms.

Ms Banerjee said she could not remain part of the government after its decision last week to increase diesel prices, cap the amount of subsidized cooking gas available to households, and open up the retail market to foreign super-chains. (Who is Mamata Banerjee?)

Sources said this morning that a section of the DMK is in favour of following Ms Banerjee's lead and quitting the UPA, but was over-ruled. There are a few reasons why it would be politically expedient for the DMK to distance itself from the Congress now - a massive coal scam has over-shadowed the Congress, deepening the perception that it is a party infected with corruption. Like Ms Banerjee, any party that opts out of the UPA now can claim that it is doing so in the interest of the aam admi or common man, who will allegedly be hit hard by the government's new big-ticket reforms.

(Poll: Should the government give in to Mamata Banerjee?)

Tomorrow's strike against those new policies has won the support of parties ranging from the Left to the BJP, and crucially, Mulayam Singh Yadav, whose Samajwadi Party is now key for the government's survival. (Mulayam keeps UPA on tight leash, verdict on support tomorrow)

The DMK has in the recent past threatened twice to abandon the UPA. The first flashpoint was before the state elections in Tamil Nadu last year, which the DMK and Congress fought jointly. The DMK said it was not being given enough seats. Congress president Sonia Gandhi intervened to strike a compromise. However, the partnership was decimated in the polls. The DMK also flexed its muscle to pressure the Prime Minister to commit India's support to a UN resolution that asked Sri Lanka to investigate allegations of vast human rights violations against the island's minority Tamils in the final months of the civil war that ended in May 2009.

The DMK's allegiance to the government is also guided by the fact that two of its senior leaders, including the party president's daughter, are being tried for corruption in the telecom scam. The case is being investigated by the CBI, which, opposition parties, is often used by the ruling party to settle political scores or offer protection.


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Agencies
May 1,2020

New Delhi, May 1: Amid the lockdown due to the COVID-19 pandemic, the University Grants Commission (UGC) and the Human Resource Development Ministry are planning to conduct the PhD and MPhil exams through online mediums in various universities across the country. The universities have been informed by the UGC and the MHRD about this.

Union Human Resource Development Minister Ramesh Pokhriyal 'Nishank' said, "Phd, MPhil exams, practicals, viva etc can be conducted through Skype or any other meeting apps."

When this system is implemented in colleges, students will not have to wait long for various types of examinations. Especially internal examinations can be taken online. Students' viva tests can also be conducted via Skype or any other similar meeting apps.

Regular classes in the universities will resume after the lockdown is removed. The classes for the first year will start from September 1 while for the second and third years the classes will start from August 1. However, students of various colleges will have to appear for basic exams in July.

A special committee constituted by the UGC has emphasized on conducting examinations online. The committee in its recommendation said that various colleges and universities should conduct online examinations including internal exams of colleges for 25 per cent marks.

The National Testing Agency (NTA), on the advice of the Ministry of Human Resource Development, has extended the date of filling the entrance examination forms for various universities.

According to the orders of the NTA, the date of filling the form for the entrance examinations of Jawaharlal Nehru University, National Council for Hotel Management 'G' and for Phd and MBA from IGNOU has been extended till May 15.

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News Network
April 3,2020

Washington, Apr 3: The World Bank has approved USD 1 billion emergency funding for India to help it tackle the coronavirus pandemic, which has claimed 76 lives and infected 2,500 people in the country.

The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 nations using the fast-track process, the bank said on Thursday.

The largest chunk of the emergency financial assistance has gone to India USD 1 billion.

"In India, USD 1 billion emergency financing will support better screening, contact tracing, and laboratory diagnostics; procure personal protective equipment; and set up new isolation wards," the World Bank said after its Board of Executive Directors approved the first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 response.

In South Asia, the World Bank also approved USD 200 million for Pakistan, USD 100 million for Afghanistan, USD 7.3 million for the Maldives and USD 128.6 million for Sri Lanka.

The World Bank said it was now working to grant up to USD 160 billion over the next 15 months to support measures to tackle the pandemic which will focus on the immediate health consequences and bolster economic recovery.

The broader economic program will aim to shorten the time to recovery, create conditions for growth, support small and medium enterprises, and help protect the poor and vulnerable.

"The World Bank Group is taking broad, fast action to reduce the spread of COVID-19 and we already have health response operations moving forward in over 65 countries," said World Bank Group President David Malpass.

"We are working to strengthen (the) developing nations' ability to respond to the COVID-19 pandemic and shorten the time to economic and social recovery," Malpass said.

According to the bank, USD 100 million will support Afghanistan to slow and limit the spread of COVID-19 through enhanced detection, surveillance, and laboratory systems, as well as strengthen essential health care delivery and intensive care.

In Pakistan, USD 200 million will support preparedness and emergency response in the health sector and include social protection and education measures, the bank said.

A total of 1,002,159 COVID-19 cases have been reported across more than 175 countries and territories with 51,485 deaths reported so far, according to Johns Hopkins University data.

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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