Narendra Modi takes oath as Gujarat chief minister

December 26, 2012
modi_takes_oath

Ahmedabad, December 26: Narendra Modi Wednesday took oath as Gujarat's chief minister for the fourth time after leading the BJP to a sweeping win in assembly elections.

Earlier, all 114 newly-elected BJP MLAs chose Modi as their leader at a meeting here, paving the way for his swearing-in as Chief Minister for the fourth time, in the presence of central party observer Arun Jaitley.

Modi's name was proposed by Vaju Vala, Finance Minister in the outgoing Cabinet, and seconded by four other senior legislators. All other party MLAs supported the 62-year-old BJP stalwart's candidature for the top post.

Gujarat BJP President R C Faldu later led a delegation of party leaders to Raj Bhavan here and handed over a letter to the Governor informing her about Modi's election.

Modi will take oath Wednesday at 11 AM. BJP had won 115 seats in the 182-member Gujarat Assembly in the just-concluded polls.

In his address to the MLAs at the city town hall, Modi congratulated BJP workers and credited them for the party's "historic" victory in the Assembly elections. "If any of the newly-elected MLA here believes that he won because of Narendra Modi then he is mistaken because this win is not due to the magic of Modi but is the result of hard work of BJP workers," he said.

"Each and every party worker worked with dedication, not only for elections but through the last many years to develop trust with people and that has brought this win."

"The BJP in Gujarat has established high moral standards and has become a role model for all other political parties in the country. BJP in Gujarat has shown team spirit in true sense," he added.

BJP in Gujarat believes in building relationships and not only in enrolling members, Modi maintained. "This is the real capital of BJP and people who didn't realise this failed to evaluate our party in right perspective."

In a clear departure from the tone of his speeches during the Gujarat poll campaign, Modi emphasised on the primacy of the party over an individual. "BJP in Gujarat is not a person- based system. It is based on value, ideology and cadre."

Modi congratulated former Prime Minister Atal Bihari Vajpayee on his 88th birthday and wished him a long life.

Earlier, Jaitley congratulated Modi on his election as the legislature wing leader.

Speaking at the meeting, the senior BJP leader said "there are instances of a single party forming Governments for four times. But to win elections and form Governments continuously for 20 years is a historic feat. This has never happened in the past 30 years and Gujarat is the only state to achieve this."

The Leader of Opposition in Rajya Sabha praised the leadership of Modi, saying "in Gujarat we have a leadership that no party has ability to compete against."


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Agencies
August 2,2020

Lucknow, Aug 2: Uttar Pradesh's cabinet minister for Technical Education Kamal Rani Varun succumbed to COVID-19 on Sunday at the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Kamal Rani is the first minister in Uttar Pradesh to die after contracting coronavirus. She was 62.

On 18 July, the minister tested positive for coronavirus and was admitted to the Shyama Prasad Mukherjee Hospital.

She was later shifted to the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Uttar Pradesh chief minister Yogi Adityanath has expressed grief over the minister's death.

In a condolence message issued on Sunday, Adityanath said, "Kamal Rani Varun died on Sunday at around 9.30 am. She was an experienced and capable leader. She discharged her responsibilities with competence. She was a dedicated public representative, who was always working for the welfare of deprived and oppressed sections of the society."

Kamal Rani was the MLA from Ghatampur in Kanpur. She was also twice a Member of Parliament in the Lok Sabha.

Meanwhile, Adityanath has cancelled his visit to Ayodhya scheduled for the day, Additional Chief Secretary (Home) Awanish Awasthi said on Sunday.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
May 13,2020

New Delhi, May 13: Union Finance Minister Nirmala Sitharaman will address a press conference in New Delhi at 4 pm on Wednesday.

The information regarding the press conference by the Union Finance Minister was given through a tweet by the Ministry of Finance today morning.

Sitharaman's press conference comes a day after Prime Minister Narendra Modi announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore (USD 265 billion). This is 10 per cent of India's GDP," the Prime Minister said in his address to the nation on Tuesday.

"This economic package is for our small-scale industries, MSMEs, which are the means of livelihood of crores of people and is the strong base of our resolve for self-reliant India. To prove the resolve of self-reliant India, the emphasis has been given on land, labour, liquidity and laws, in this package," he added.

The PM had also said that the economic package is for "the country's workers, farmers, who are working hard day and night for the countrymen in every season. This economic package is for the middle class of our country, who pays tax honestly and contributes to the development of the country."

He had announced that the fourth phase of the nationwide COVID-19 induced lockdown would be in "new form with new rules."

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