BJP must declare Modi is not its PM candidate: Nitish

June 15, 2013

NitishPatna, Jun 15: Bihar chief minister Nitish Kumar has set his terms for staying in the NDA. He has asked the BJP to publicly declare that Narendra Modi will not be its prime ministerial candidate in the 2014 elections. Since BJP can't give such an undertaking, a parting of ways between it and JD(U) is now expected in a day or two.

Speaking to media, Nitish Kumar said: "They (the BJP) will have to address our basic concern immediately and in public. Private assurances will not do." While he didn't mention the Gujarat CM by name, there is no ambiguity whatsoever about what he meant by "basic concern".

JD(U) has publicly proclaimed that only a "secular" person, who does not have rough edges in his personality and can pull everyone along, is fit to be the country's prime minister. It has also held that Modi does not fulfil the eligibility criteria.

As BJP is likely to find it impossible to meet the condition, considering the groundswell for Modi among the party cadre, the 17-year-old partnership between it and JD(U) is on the rocks. This is an unavoidable reality and split in the NDA is now inevitable by Monday.

Both Nitish Kumar and his colleague, JD(U) chief Sharad Yadav, recognize the inevitability of Gujarat leader being anointed BJP's choice for country's top political job, and has conveyed their assessment to BJP leaders, — among them, L K Advani, Rajnath Singh, Sushma Swaraj, Nitin Gadkari — who have appealed to the JD(U) to not precipitate matters.

They also don't subscribe to the optimism of Modi's opponents that his projection as PM candidate was not a done deal yet. "The way it has been hailed and celebrated by the BJP leaves no doubt whatsoever that his appointment as the chairman of the campaign committee is a key step towards Modi's projection as the party's PM candidate," said a JD(U) source.

According to political sources here, Nitish Kumar has responded to Advani's plea for a reconsideration of the JD(U)'s imminent departure from NDA by saying that he doubted anybody in the BJP could now thwart Modi's march to the top of his party.

"They (BJP leaders calling JD(U) leaders) all come off as helpless to stop what is unfolding, leaving us with no option but to chart out our independent path," said a senior JD U source familiar with the conversations that BJP leaders have had with Nitish Kumar and Sharad Yadav.

Sushma Swaraj's effort on Friday when she, according to JD(U) sources, invoked anti-Congressism to get Nitish Kumar to back off from his plan to withdraw from the NDA, failed to concinve the CM.

JD(U) will start rolling out the withdrawal drill after Sharad Yadav reaches here to explain to party legislators and functionaries why the JD(U) is compelled to break away. The exercise will be a formality, considering that all the important leaders favour a withdrawal from the NDA. In any case, Nitish Kumar and Sharad Yadav, who were authorised by the party in April to take the final call, are clear that their vparty won't have any truck with a Modi-led BJP.

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Agencies
February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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News Network
July 22,2020

New Delhi, Jul 22: With a spike of 37,724 cases and 648 deaths reported in the last 24 hours, the total number of COVID-19 cases in India stands at 11,92,915, according to the Union Ministry of Health and Family Welfare.

The total number of cases includes 4,11,133 active cases, 7,53,050 cured/discharged/migrated and 28,732 deaths, the Health Ministry informed.

Maharashtra remains the worst affected state with 3,27,031 cases and 12,276 deaths.
The second worst-hit state, Tamil Nadu has reported 1,80,643 COVID-19 cases so far while Delhi has reported 1,25,096 cases, according to the Ministry.

Other states that have witnessed a higher number of COVID-19 positive cases include, Andhra Pradesh with 58,668 cases, Karnataka with 71,069 while Telangana has reported 47,705 COVID-19 positive cases.

Meanwhile, as per the information provided by the Indian Council of Medical Research (ICMR), the total number of samples tested up to July 21 is 1,47,24, 546 including 3,43,243 samples tested yesterday.

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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