Film release stalled for ridiculing Mamata, Singur movement

February 25, 2013

Mamata_Film_release

Kolkata, Feb 25: The Censor Board has refused to clear a Bengali film for taking potshots at the swearing-in ceremony of West Bengal Chief Minister Mamata Banerjee and the Singur movement that forced the Tatas to exit the state.

Starring rebel Trinamool Congress MP Kabir Suman, 'Kangal Malsat' (War Cry of Poor) is directed by Suman Mukhopadhyay. It is based on a book written by eminent litterateur Mahasweta Devi's son Nabarun Bhattacharya.

"The way the honourable CM's oath taking ceremony has been shown seems distortion of history and may hurt many common people of West Bengal and create sensation (violence)," the letter issued by the Central Board of Film Certification to the film's producers, says.

The film shows a person watching the swearing-in ceremony with disdain. It also has a controversial shot of Kabir Suman saying in Bengali, 'The Tatas have cut a sorry figure. Now there are so many committees. They are making Kolkata into London..."

The letter says, "The way departure of Tata Company was uttered in the film, it seemed to malign or at least look down upon a significant movement of a civic society.

"The treatment of the film with unnecessary use of abusive language, sexuality and casual approach in portraying social movements may hurt the sentiments of many people in our society," it said.

The letter also claims that the portrayal of Stalin, ruler of erstwhile Soviet Union, has been done so irresponsibly in the film that the dogmatic statement might hurt the sentiments of many his supporters and create unrest during public screening.

Alleging 'political discrimination' by the government, the director has moved the Film Certification Appellate Tribunal challenging the Censor Board's decision.

"As a filmmaker I made a film which I wanted to. Now if it has some political undercurrents it doesn't mean those in power have the power to ban the film. They are trying to gag us," he said.

The film was denied release based on recommendations by a revising committee of the Censor Board, whose members are appointed by the state government.

Filmmaker Haranath Chakraborty, one of the key members of Mamata Banerjee's cultural think-tank group, leads the committee.

"It is clear under whose directions the film was denied release," the director said. PTI NIK PC RAI 02251421

The film fraternity in Kolkata voiced their concern against the Censor Board's decision.

Kabir Suman said the film and his dialogue had nothing which could incite violence or went against the spirit of democracy.

"They are also saying that the film shows vulgarity. We have only tried to show how real people talk. Before us many film-makers in Bengal and in Bollywood have done this. So why are we being targeted only?" he asked.

Novelist Nabarun Bhattacharya said, "No one can stop me from whatever I feel like writing. The government must understand that."

Film-maker and censor board member Haranath, however, insisted that the film contained inappropriate language and could not be allowed for screening.

Earlier in November, the screening of Bengali film '3 Kanya' (Three Women) was cancelled at the Kolkata Municipal Corporation-owned Star Theatre under controversial circumstances.

The film's director and producer Agnidev Chatterjee had said that the controversy arose because some people thought that it was based on the Park Street rape case and showed the government in bad light.

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News Network
March 9,2020

New Delhi, Mar 9: Petrol and diesel prices registered a drop across the country on Monday as global oil prices plummeted around 30 per cent after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.

In New Delhi, petrol price fell by 24 paise intra-day and stood at Rs 70.59 per litre. Diesel in the national capital was retailed at Rs 63.26 per litre on Monday as against Rs 63.51 on Sunday.

The retail price of petrol in Kolkata saw a drop of 23 paise to Rs 73.28 per litre. The diesel price fell by 25 paise in the eastern metropolitan city to retail at Rs 65.59 per litre.

In Mumbai, petrol price was Rs 76.29 per litre as against Rs 76.53 a day earlier. Diesel was retailed at Rs 66.24 per litre, 26 paise lower than on Sunday.

In Chennai, petrol was retailed at Rs 73.33 per litre, 25 paise lower than a day earlier. Diesel price saw a fall of 26 paise to retail at Rs 66.75 per litre in the southern metropolitan.

Global crude oil prices fell by as much as a third following Saudi Arabia's move to start a price war with Russia amid worries over the spread of coronavirus.

Brent crude futures were down 13.29 dollars or 29 per cent at 31.98 dollars a barrel by 04:33 hrs GMT after earlier dropping to 31.02 dollars, their lowest since February 12, 2016.

Brent futures were on track for their biggest daily decline since January 17, 1991 at the start of the first Gulf War.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

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RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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