With eye on early Lok Sabha elections, BJP shedding saffron image?

September 30, 2012

BJP-Saffron

New Delhi, September 30: While anticipating that elections may be held earlier than scheduled, BJP has been trying to soften its "hardline Hindutva" image in what appears to be a move to blunt the hostility of Muslims, and reassure its existing allies while reaching out to new partners.

 

The three-day session of BJP's national executive saw both party president Nitin Gadkari and veteran leader LK Advani condemning the anti-Islam film that has triggered violence in different parts of the globe.

 

Gadkari on Thursday cited Swami Vivekananda, whose 150th birth anniversary is being planned by the party in a big way, to condemn the film that denigrates Prophet Mohammad.

 

"It's wrong to spread disrespect towards anybody who is revered by members of a faith. We should with full conviction reassure our brethren belonging to the minority communities that we brook no discrimination or injustice in dealing with different sections of our diverse society," Advani said in a speech that was well received by the audience.

 

He suggested that doing so would help reassure party's potential allies that "they have nothing to be apprehensive about partnering with BJP". Advani also emphasized the need for broadening the NDA, saying that the grouping has to be transformed into "NDA Plus".

 

The remark acquires significance in view of the apprehension of an existing ally, Bihar CM Nitish Kumar, as well as the recognition that the fear of losing Muslim support forces some of the anti-Congress players to maintain a distance from the saffron outfit. In fact, Advani's advice that party should undergo an image makeover to appear "secular" appears to articulate especially Kumar's anxiety.

 

The Bihar CM is apprehensive that the projection of his Gujarat counterpart Narendra Modi as BJP's choice for the PM will deal a setback to his assiduous attempts to woo Muslims away from his rival Lalu Prasad.

 

Regional players like TDP chief N Chandrababu Naidu and Odisha CM Naveen Patnaik, who are hostile to Congress, are loath to be seen in BJP's company because of the latter's "communal tag".

 

Though a handicap for the BJP, the "communal" brand works to the advantage of its allies, who cite it to justify their flexibility in choosing allies and taking positions.

 

On a larger plane, the same factor helps the "secular" rivals to seek to mobilize Muslims against the saffron party.


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News Network
June 2,2020

New Delhi, Jun 2: India on Tuesday reported 8,171 more COVID-19 cases and 204 deaths in the last 24 hours as the country's virus count inches closer to two lakh, according to the Union Ministry of Health and Family Welfare.

The total number of cases in the country now stands at 1,98,706 including 97,581 active cases, 95,527 cured/discharged/migrated and 5,598 deaths.

Cases in Maharashtra have crossed 70,000 including over 30,000 recovered while Tamil Nadu's COVID-19 tally jumped to 23,495.

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Agencies
May 27,2020

New Delhi, May 27: The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), by over one-and-a-half months to July 31.

This is the second extension for submission of expression of interest (EoI) for BPCL stake by interested bidders. The government had first invited bids showing interest in buying its stake, by May 2. It was then extended till June 13.

This has now been extended to 5 p.m. on July 31 in "view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19", an official notice put up by disinvestment department DIPAM late on Tuesday said.

Accordingly, the last date for submission of written queries or preliminary information memorandum has been pushed back to June 23 from the earlier deadline of May 16.

The disinvestment in BPCL involves the government selling its entire 52.98 per cent stake in the company to a strategic investor with transfer of management control. The government has barred PSUs from bidding for BPCL and expects private sector Indian players and global MNCs to bid for its stake. The government's stake in BPCL is worth around Rs 50,000 crore.

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Agencies
July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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