I am making way for younger blood: Krishna

October 27, 2012

krishna

New Delhi, October 27: S M Krishna, who resigned as External Affairs Minister, on Saturday said it was “time up” for him to make way for younger blood and appeared to keep his options open on playing a role in Karnataka politics.

“...the flavour of the season is that youngsters must take over the reins of responsibility and I felt that it was time up for me to make way for younger blood to take over. I am glad that this initiative has been by and large appreciated,” he told reporters after meeting Prime Minister Manmohan Singh, a day after he quit the government.

Asked whether it was the Prime Minister or he himself who decided to step down as Union Minister, Mr. Krishna said, “The decision came from within. And my wife had a major role to play in the decision making.”

He also said that his decision to make way for younger blood does not denigrate the importance of experience.

“This in no way denigrates the importance of experience. I think experience is an important attribute. And particularly in pursuing the foreign relations with other countries there has to be patience and patience abundantly and also perseverance,” he said.

Asked about his statement that his resignation does not denigrate experience and whether he would play a role for the party in Karnataka where assembly elections are due next year, he said, “Well, I said youngsters should lead. And then we are there to support the youngsters in their efforts to forge ahead.”

To a suggestion that his stint in the MEA was short, the former Karnataka Chief Minister said his tenure was for a “respectable” period.

Mr. Krishna said he had also met Congress president Sonia Gandhi who appreciated his work as the External Affairs Minister. “She wanted me to continue in whatever I am going to do as member of Parliament,” he said.

On his tenure in the Ministry, he said there has been an all-round improvement in India’s relations both with its immediate neighbours and the immediate neighbourhood.

“Nobody can claim that all the issues have been resolved with our neighbours. But statesmanship lies in the fact that how well you manage those issues which seem to be confronting you all the time...whether it is in reference to China or Pakistan, I think the last three years has seen quite a bit of improvement in our relationship,” Mr. Krishna said.

He said New Delhi had issues with China on border front but it did not affect the overall relationship that India has pursued to have with Beijing.

“It is the same case with Pakistan. I think under the direction of the Prime Minister, we took up the initiative and I made two trips to Islamabad and my counterpart Hina Rabbani Khar came to Delhi. That certainly did help improve the relationship between our two countries,” he said.

He said Pakistan and China are two classic cases where Indian interests have always with theirs.

“But we have been able to manage with both the countries and today I can say with a sense of conviction that we have a manageable relationship with both the countries,” he said.

He said there are “so many” regrets on what he was unable to do as External Affairs Minister. “Foreign affairs is not two plus two...such easy deductions are not possible but one should keep working towards that.”

He said transparency is one issue on which he was a stickler to the irritation of his colleagues. He said transparency was an unstoppable trend in the light of whatever is happening around. “It is the only effective answer to those who criticise government.”

He said in the field of Haj and passports, the ministry have achieved a lot by doing a “remarkable” work.


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Agencies
May 28,2020

Kochi, May 28: In these pandemic times, when the businesses are gravely affected and the MSMEs are particularly feeling the heat, a Kerala institute has come up with an initiative to help the distressed industry. The Institute of Small Enterprises and Development (ISED) has come out with a unique platform -- 'business clinic' for extending advisory services to the COVID-19 affected MSMEs in the state.

The Kochi based ISED's multi-disciplinary team of experts will offer free guidance to entrepreneurs to make a self-evaluation for improving their performance.

It will serve the interests of the MSMEs, entrepreneurial aspirants, such as the returning migrants, start-ups, educated unemployed, and women entrepreneurs.

ISED director, PM Mathew said COVID-19 pandemic has shattered the budgets and operations of most SMEs, globally, as also in India.

"Post-lockdown, the operational problems are likely to get aggravated. Beyond the broad macro level projections and debates, it is now time to act at the grassroots level. Many entrepreneurs need appropriate clinical assessment, and moral and psychological support, said Mathew.

According to the work force participation data at the national level, Kerala is ranked 31 in terms of the number of self employed, and placed in second rank in relation to the size of casual labour.

The Kerala Enterprise Development Report, brought out by the ISED states while the number of the unregistered enterprises is sizeable, constituting 76.85 % of the total, the respective share of registered MSMEs is only 9.53 %.

The constraints to these enterprises today are, poor sales, large inventory, delayed payments, damage of stock, wage bill arrears, unreliable labour supplies, fund diversion due to exigencies, GST related problems, and NPA/poor credit score.

"For all businesses, unlike in a sporadic recession in the economy, the danger today is circular and cumulative. Both from the demand side, and the supply angle, there is a serious contraction of business activities, which essentially means a glut in the cash flow. Corporate businesses, obviously, will come out of the mess due to their relative advantages of high reserve funds, liberal credit offerings, and easier access to alternative sources of finance," said Mathew.

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News Network
July 1,2020

New Delhi, Jul 1: Jet fuel or ATF price on Wednesday was hiked by 7.5 per cent, the third increase in a month, while petrol and diesel rates were unchanged for the second day in a row.

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

This is the third straight increase in ATF prices in a month. Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16.

Simultaneously, non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital. Prices were up by Rs 4 in other metros mostly because of different local sales tax or VAT rate.

On the other hand, petrol and diesel prices were unchanged for the second day in a row.

This, after diesel rates scaled a new high after prices were hiked 22 times in just over three weeks.

In Delhi, a litre of petrol comes for Rs 80.43 per litre, while diesel is priced at Rs 80.53 per litre.

Rates vary from state to state depending on the incidence of local sales tax or VAT.

While the diesel price had been hiked on 22 occasions since June 7, petrol price had been raised on 21 occasions.

The cumulative increase since the oil companies started the cycle on June 7 totals to Rs 9.17 for petrol and Rs 11.14 for diesel.

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News Network
April 11,2020

New Delhi, Apr 11: As India battles the Covid-19 crisis, Prime Minister Narendra Modi on Saturday held a video conference with chief ministers primarily to take their feedback on whether the 21-nation-wide lockdown be extended beyond April 14 to stem the tide of the infections.

The Central government is understood to have also obtained views on the issue from all the relevant agencies and stakeholders involved in the efforts to contain the spread of the pandemic.

The video conference, which began at 11am, comes amidst indications that the central government may extend the nationwide lockdown with some possible relaxations even as Punjab and Odisha have already announced extending the lockdown beyond April 14 when the current spell of 21-day shutdown across the country ends on Tuesday.

The Union Home Ministry has sought views of state governments on various aspects, including whether more categories of people and services need to be exempted. In the current lockdown only essential services are exempted.

This is for the second time the prime minister is interacting with the chief ministers via video link after the lockdown was imposed.

During his April 2 interaction with chief ministers, Modi had pitched for a "staggered" exit from the ongoing lockdown.

A PTI tally of numbers reported by various states as on Thursday at 9.30pm showed a total of 7,510 having been affected by the virus nationwide so far with at least 251 deaths. More than 700 have been cured and discharged. However, the last update from the Union Health Ministry put the number of confirmed infections at 7,447 and the death toll at 239.

Addressing floor leaders of various parties who have representation in Parliament, Modi had on Wednesday made it clear that the lockdown cannot be lifted in one go, asserting that the priority of his government is to "save each and every life".

According to an official statement after the Wednesday interaction, the prime minister told these leaders that states, district administrations and experts have suggested extension of the lockdown to contain the spread of the virus.

Before the lockdown was announced on March 24, the prime minister had interacted with the chief ministers on March 20 to discuss ways and means to check the spread of the novel coronavirus.

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