Coal report allegations: BJP demands SIT probe, Cong says 'no interference in CBI report'

April 13, 2013

New Delhi, Apr 13: Amid reports of alleged interference in the CBI probe into the coal scam, BJP leader Arun Jaitley day demanded constitution of a special investigation team, besides accusing the UPA of being a "rogue government" that will not allow CBI to function independently.

The Leader of Opposition in Rajya Sabha also charged the government with "interference in the administration of justice" by not allowing CBI to acquaint the apex court with the full truth.coal

"CBI cannot find out the truth and even if some honest officer in the CBI tries to find out the truth, the UPA is a rogue government which will not allow it to operate independently," Jaitley told reporters here.

Sushma Swaraj, criticised the government for "vetting" of the CBI report and said it is part of "an attempt to save Prime Minister Manmohan Singh".

"This is a very serious matter. This is evidence of the government's pressure on the CBI to save the prime minister," Swaraj said on Twitter.

Jaitley said the UPA is interested in "diluting the guilt of the culprits" and does not want the truth to come out.

"When ministers, civil servants and officials try that the Supreme Court should not be acquainted with the full truth. This is an interference in the administration of justice. The government owes and explanation," the BJP leader said, while demanding that the CBI's original unaltered report be made public besides being placed before the Supreme Court.

He said the scam shows that the allocation of coal blocks were a "tainted" one and "a case of nepotism", as the favourites of the government were allocated coal mines even when power plants in the country are starved of coal.

"These facts now conclusively show that CBI will not be honestly allowed to investigate this case and therefore, the system will have to seriously consider whether an SIT must take over the administration and investigation of the coal scam. The Coal scam should be handed over to a SIT instead for the truth to come," Jaitley said.

"This is now conclusive that the farce of being autonomous and independent which CBI has attempted to maintain is now completely demolished and dismantled," Jaitley said.

On the media report that the CBI probe status report had been "vetted" by the Law Minister and the Prime Minister's Office, he said, "That this should be done at the level of the minister and the officials of the PMO itself raises serious questions."

"Now instead of restoring the natural asset back, this government wants to dilute its own guilt and that of the persons to whom it was allotted and those who are responsible, by interfering in a due process of law," the BJP leader said, adding that the PIL pending before the Supreme Court is a due process of law and is a part of the administration of justice.

Citing the Vineet Narain case in which the apex court had emphasised on the autonomy and independence of CBI, Jaitley said the Supreme Court categorically had said, quoting from an English legal principle, that no minister can interfere and tell CBI what to do and not to do.

"That is now completely violated," the Leader of the Opposition in Rajya Sabha said.

'No interference in CBI's report'

The Congress has, however, rejected the charge of interference in the preparation of CBI report in the coal scam for the Supreme Court and ruled out resignation of law minister Ashwani Kumar in this regard.

"There is no question of resignation of law minister Ashwani Kumar. Supreme Court has already asked CBI to file an affidavit in this regard. CBI will file its affidavit and truth will come out".

"The matter is being investigated under the supervision of the Supreme Court. BJP should wait and not try to misguide the country and not try to create obstacles in the way of investigations", party spokesman Rashid Alvi said.

His reaction came close on the heels of BJP leader Arun Jaitley's demand for constitution of a special investigation team in the wake of reports of alleged interference in the preparation of CBI report in the coal scam.

Making light of the opposition charges, Alvi said he was not aware of the CBI officers meeting the minister.

"Officers sometimes meet the ministers, but it is not necessary that ministers put pressure on them", he said.

"BJP is in the habit of criticising government unnecessarily. If Government orders a CBI inquiry, they demand a JPC. If government constitutes a JPC, then they create problems for the JPC," he added.

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January 1,2020

New Delhi, Jan 1: In the backdrop of huge losses borne by airlines, Aviation Minister Hardeep Singh Puri has said the government is concerned that more airlines will shut down if predatory pricing continues. "Some predatory pricing is taking place" in airfares, the minister told reporters on Tuesday. Mr Puri however ruled out any plan by the government to regulate airfares. The remarks come amid high competition in the country's aviation sector, struggling against high fuel prices and other operating costs.

"The interesting thing that we have observed is that on Delhi-Mumbai route 20 years ago, the average fare was Rs 5,100. Today, the average fare is Rs 4,600. Some predatory pricing is taking place. It means people are selling tickets below their cost," he said.

"One of our concerns is that if there is predatory pricing, then the airlines will stop functioning. This is not Air India's problem only. Jet Airways got shut down. Before that, it was Kingfisher airline," he said.

IndiGo and SpiceJet - two of the country's biggest airlines - reported losses of Rs 1,062 crore and Rs 463 crore respectively in the second quarter of 2019-20. Other airlines have also reported losses in the quarter that ended on September 30, 2019.

Asked if predatory pricing is the reason for the ill health of the airlines, the minister said, "No, there are many reasons... Predatory pricing is one of the factors. But the profitability of an airline is dependent on (a) number of things."

Asked if the trend of predatory pricing has come down after regular discussion with the airlines, he said, "Yes, absolutely."

"It is (a) constant battle. An ideal situation from an airline's point of view is that they grow and they are also able to charge more fares. What fares they charge is their business. Our advice to them is to charge realistic fares," he added. "It should not be too high. And it is not in your business interests if you are imposing predatory fares."

The minister also said that the government is not planning to regulate fares. "No regulation. It has to be done within deregulation system.... If I put a cap on fare, the airline will start charging that cap only... that cap will become the normal fare... So, within a deregulated structure, we have to bring about an equilibrium," the minister said.

"Government, periodically, at my level or at secretary''s level, we sit down with the main aircraft operators and tell them it is in your interest not to allow such practices which undermine the civil aviation sector."

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News Network
March 29,2020

New Delhi, Mar 29 : Notwithstanding the 21-day coronavirus lockdown, the Reserve Bank of India (RBI) has decided to go ahead with the merger plan of ten state-run banks into four larger bank from April 1. The apex bank has issued four separate releases announcing that the branches of merging banks will operate as of the banks in which these have been amalgamated from next month.

RBI's statement comes after Finance Minister Nirmala Sitharaman's clarification on Thursday that the mega bank consolidation plan was very much on track and would take effect from April 1.

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.

Bank officers' unions, however, earlier this week wrote to the prime minister seeking to defer the merger schemes of lenders due to the lockdown triggered by coronavirus outbreak.

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

Under this, the branches of Oriental Bank of Commerce and United Bank of India will operate as branches of Punjab National Bank from April 1, 2020, and branches of Syndicate Bank as that of Canara Bank, the RBI said in a separate releases.

Allahabad Bank branches will operate as those of Indian Bank while the branches of Andhra Bank and Corporation Bank will function as the branches of Union Bank of India from the beginning of next fiscal year 2020-21, the RBI said.

"The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India... The scheme comes into force on the 1st day of April 2020," RBI said.

Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from April 1, 2020, the RBI noted.

Banking services across the country are impacted due to the effect of COVID-19 as a near shut down is being observed across the country.

In a letter written to the Prime Minister on March 25, the All India Bank Officers'' Confederation (AIBOC) said, "The finance minister yesterday announced a slew of measures in view of the deleterious effect of the contagion. We are also expecting an extension of closing related activities and the revision of the closing date itself from March 31 to June 30, which is the need of the hour."

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News Network
January 17,2020

Jan 17: President Ram Nath Kovind, on Friday, dismissed Nirbhaya convict Mukesh Singh's mercy petition, according to multiple media reports.

Mukesh Singh - one of the four convicts in the Nirbhaya gang rape and murder case had filed a mercy petition on Tuesday after Supreme Court dismissed curative petitions filed by him and Vinay Sharma (another convict).

More to follow

 

MHA forwards mercy petition of Nirbhaya convict to President; recommends rejection

New Delhi, Jan 17: The Union Home Ministry on Friday forwarded to President Ram Nath Kovind the mercy petition of one of the convicts in the Nirbhaya gangrape case, recommending its rejection, officials said.

Mukesh Singh, one of the four death row convicts in the 2012 Nirbhaya gangrape and murder case, had filed the mercy petition a few days ago.

"The Home Ministry has forwarded the mercy petition of Mukesh Singh to the President. The ministry has reiterated the recommendation of the Lieutenant Governor of Delhi for its rejection," the official said.

The Delhi LG had sent the mercy petition of Mukesh to the Home Ministry on Thursday, a day after the Delhi government recommended its rejection.

The four convicts -- Mukesh Singh (32), Vinay Sharma (26), Akshay Kumar Singh (31) and Pawan Gupta (25) were to be hanged on January 22 at 7 am in Tihar Jail. A Delhi court had issued their death warrants on January 7.

However, the Delhi government had informed the high court during a hearing that execution of the convicts will not take place on January 22 as a mercy plea has been filed by Mukesh.

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