UPA looks to end deadlock over FDI, to meet to discuss provision of voting

November 27, 2012

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New Delhi, November 27: The deadlock in Parliament over FDI in multi-brand retail continues. After Monday's inconclusive all-party meet, the UPA coordination committee will meet on Tuesday to discuss the provision of voting. Prime Minister Manmohan Singh, too, will meet Congress allies on the issue.

Sources say the government is against having a vote, but if forced to do so, it is sure of the support of the Samajwadi Party and the Bahujan Samaj Party. Sources say the DMK is against FDI in retail but doesn't want voting, while other allies like the RLD, NCP and the National Conference are with the government for a discussion without vote.

However, sources say that the government is worried that if it sticks to it's stand of no vote, the deadlock in Parliament will continue. This is not something the government wants because it needs to pass important bills like insurance, banking and Lokpal to get over its policy paralysis and keep reforms on track. Sources say the government will convey its decision to the Speaker and the Opposition soon.

Meanwhile, in a major relief for the embattled Congress-led UPA, the Trinamool Congress, Bahujan Samaj Party and Samajwadi Party have decided against opposing the Central Government's proposal for discussion without voting on FDI in retail in Parliament. The government's trouble shooters at the all-party meet managed to convince most of the parties to go for only discussion on FDI and let Parliament function, effectively ending the debate over the numbers backing the government in Parliament, particularly the Lok Sabha where the UPA is now in minority.

Apart from the BJP, JD(U), Left Front and AIADMK, all the other parties who wanted a debate only if it entailed voting have agreed to the government's proposal for a discussion on FDI which was seen as Parliamentary Affairs Minister Kamal Nath's first major challenge. "We have had useful discussion. All parties say House must run. I have appealed to those who wanted discussion under Rule 184 to reconsider their decision. I will speak to the presiding officers," said Nath.

The support of the Bahujan Samaj Party (BSP) has come on one condition. They want the government to bring the quota bill before the FDI. Mayawati has asked for a commitment from the government on the passage of the bill that provides for SC/ST reservation in promotion in government jobs.

"The SC/ST quota bill has been pending for long time. We have been raising this issue for a long time inside as well as outside Parliament. BSP wants Parliament to function and FDI should be discussed. The rule under which discussion on FDI takes place should be decided by the Speaker in the Lok Sabha and the Chairperson in the Rajya Sabha," Mayawati said.

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News Network
January 18,2020

New Delhi, Jan 18: Lieutenant Governor (LG) Anil Baijal has granted the power of detaining authority to the Delhi Police Commissioner under the National Security Act (NSA), according to a notification. The NSA allows preventive detention of an individual for months if the authorities feel that the individual is a threat to the national security, and law and order, sources said.

In exercise of the powers conferred by sub-section (3) of section 3, read with clause (c) of Section 2 of the National Security Act, 1980, the Lt Governor is pleased to direct that during the period January 19 to April 18, the Delhi Police Commissioner may also exercise the powers of detaining authority under sub-section (2) of the section 3 of the aforesaid Act, the notification stated.

The notification has been issued on January 10 following the approval of the LG.

It comes at a time when the national capital has been witnessing a number of protests against the Citizenship Amendment Act (CAA) and the National Register of Citizens (NRC).

However, the Delhi Police said it is a routine order that has been issued in every quarter and has nothing to do with the current situation.

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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News Network
January 31,2020

New Delhi, Jan 31: Nirbhaya's mother Asha Devi on Friday said she will continue her fight till the convicts in the 2012 gangrape and murder case are hanged, shortly after a Delhi court postponed the execution of death warrants till further order.

Devi told reporters her "hopes are dashed" but she will continue her fight.

"These convicts have no right to live. We keep getting disappointed by the system. I will continue my fight till the convicts are hanged," she said.

A Delhi court postponed the execution of death warrants of the four convicts in the Nirbhaya gangrape and murder case till further order.

Additional sessions judge Dharmender Rana passed the order on a plea by the convicts seeking a stay on their execution on Saturday, February 1.

Devi said because of the loopholes in law the "criminals' lawyers had the audacity to challenge me in court that they will not be hanged".

The black warrants for execution of the death sentence against Pawan Gupta, Vinay Kumar Sharma, Akshay Kumar and Mukesh Kumar Singh, were issued on January 17.

A 23-year-old physiotherapy intern who came to be known as "Nirbhaya" (the fearless one) was gangraped and savagely assaulted on the night of December 16, 2012, in a moving bus in South Delhi. She died of her injuries a fortnight later in a Singapore hospital.

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