Allegations 'utterly false', 'defamatory': Vadra

October 7, 2012
robert_gandhi

New Delhi, October 7: Robert Vadra today dismissed as "utterly false, entirely baseless and defamatory" allegations over his property dealings with DLF and said he was saddened by attempt of activists Arvind Kejriwal and Prashant Bhushan to malign him and his family to "gain cheap publicity".

"I am a private law abiding citizen who has been engaged in business over the last 21 years. The allegations levelled against me by Kejriwal and Bhushan are utterly false, entirely baseless and defamatory", Vadra, Congress President Sonia Gandhi's son-in-law, said in a statement, two days after charges made by the civil society activists at a press conference here created a political storm.

43-year-old Vadra said he was "saddened by the attempt of Kejriwal and Bhushan to deliberately misrepresent numbers contained in my financial statements, manufacture lies against me and malign me and my family in order to gain cheap publicity for themselves and for the launch of their political party".

He said, "My business transactions are fully reflected in financial statements filed before appropriate government authorities in compliance with the law. They are available in the public domain to anyone interested in knowing the truth."

His statement came a day after he broke his silence over the controversy surrounding his property dealings, saying he could "handle all the negativity".

Kejriwal earlier today described as "half truths and lies" the clarifications of reality major DLF on the allegations that Vadra was given property at throw away prices for government favours.

"DLF has issued a response. It is full of half truths and lies. A lot of information has been suppressed," he tweeted. "We will issue a detailed response tomorrow. But does Vadra stand by DLF response or does he have another version. Would appreciate his version," Kejriwal said.

DLF has rejected the allegations that it had given unsecured loans to Vadra as a 'quid pro quo' for favours and said it had transparent dealing with him as an individual entrepreneur.

In a statement yesterday, the company had said it had given Rs 65 crore as "business advances" out of which Rs 15 crore was fully refunded and Rs 50 crore was used for purchase of land.

Rejecting the allegations made by activists Kejriwal and Bhushan that the company favoured Vadra, DLF had said it neither received any undue benefit from any state governments nor was it alloted any land by Delhi, Haryana and Rajasthan governments.

DLF had also dismissed the charge that the company sold properties to Vadra and his companies at a throwaway price.

Vadra had said yesterday in his post on a social networking site, "Thank you so much for your concern. I am fine and can handle all the negativity. I have lost people I loved, what can be worse."

Congress has already dismissed opposition demands for a probe into the matter.

"An inquiry into what? Is a business transaction between two private entities duly reported to the statutory authorities illegal? Is it a crime," party spokesman Manish Tewari had said while terming the activists as 'B' team of BJP.

He was asked about demands for a probe into the affairs of Vadra as also how his business has grown to a level of Rs 300 crore from a tiny capital base.

The refrain of AICC as also several Union Ministers was that all the information about the business of Vadra has been regularly filed with the statutory authorities.

Besides, Congress has maintained that the charges made by "B team of BJP" were nothing but "baseless and unsubstantiated".


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March 27,2020

Mumbai, Mar 27: The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.

The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also, it reduced the cash reserve ratio maintained by the banks for the first time in over seven years. CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system.

The reverse repo rate was cut by 90 bps to 4 per cent, creating an asymmetrical corridor.

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune.

It all depends how India responds to the situation, he said.

Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.

Aggregate demand may weaken and ease core inflation further, he noted.

The liquidity measures announced include auction of targeted long-term repo operation of 3 year tenor for total amount of Rs 1 lakh crore at floating rate and accommodation under Marginal Standing Facility to be increased from 2 per cent to 3 per cent of Statutory Liquidity Ratio (SLR) with immediate effect till June 30.

Combined, these three measures will make available a total Rs 3,74,000 crore to the country's financial system.

After cutting policy rates five times in 2019, the RBI had been on a pause since December in view of high inflation.

The measures announced come a day after the government unveiled a Rs 1.7 lakh crore package of free foodgrains and cash doles to the poor to deal with the economic impact of the unprecedented 21-day nationwide lockdown.

While the Monetary Policy Committee (MPC) of the RBI originally was slated to meet in the first week of April, it was advanced by a week to meet the challenge of coronavirus.

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Agencies
May 18,2020

India is among 58 nations, including 27 European Union members, who have moved a draft resolution demanding evaluation of the World Health Organisation (WHO)'s response towards the novel coronavirus pandemic.

The European Union-led draft resolution on global COVID-19 response is set to be tabled at the upcoming World Health Assembly on Monday.

The draft resolution demands initiation "at the earliest appropriate moment to review experience gained and lessons learned from the WHO-coordinated international health response to COVID-19".

"We are deeply concerned by the morbidity and mortality caused by COVID-19 pandemic, the negative impacts on physical and mental health and social well-being, the negative impacts on economy and society and the consequent exacerbation of inequalities within and between countries," read the draft.

"We express solidarity to all countries affected by the pandemic, as well as condolences and sympathy to all the families of the victims of COVID-19," it added.

The resolution says timelines are to be evaluated regarding "recommendations the WHO made to improve global pandemic prevention, preparedness, and response capacity".

The WHO on January 23 declare a global health emergency, but did not declare it and waited for a week for its director-general Tedros Adhanom Ghebreyesus to return from China.

By that time, COVID-19 cases increased 10 times and the virus entered 18 countries.

According to Health Policy Watch, till as late as February, the WHO did not support countries for imposing travel restrictions to China.

"When countries began evacuating their citizens from Wuhan, the COVID-19 epicentre, the WHO said it did not favour this step".

The WHO finally declared it a pandemic on March 11.

The global health body has come under criticism not just from the US for its response being "China-centric".

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News Network
July 19,2020

New Delhi, Jul 19: With the highest single-day spike of 38,902 cases reported in the last 24 hours, India's total COVID-19 tally on Sunday reached 10,77,618, informed the Union Health and Family Welfare Ministry on Sunday.

The death toll has gone up to 26,816 with 543 fatalities reported in the last 24 hours.

The Health Ministry said the total number of cases includes 3,73,379 active cases and 6,77,423 patients have been cured/discharged/migrated.

Maharashtra remains the worst affected state with 3,00,937 cases reported until Saturday.
Meanwhile, as per the information provided by the Indian Council of Medical Research (ICMR), 1,34,33,742 samples have been tested for COVID-19 till July 18, of these 3,61,024 samples were tested yesterday.

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