Congress will not declare Rahul Gandhi as PM candidate: Digvijaya Singh

July 12, 2013

Digvijaya_SinghNew Delhi, Jul 12: The Congress will not declare Rahul Gandhi as its prime ministerial candidate in the Lok Sabha elections, senior party leader Digvijaya Singh hinted on Friday while dismissing suggestions that BJP's projection of Narendra Modi is a challenge to it.

He also did not say whether Prime Minister Manmohan Singh could be a candidate for the top post once again if the party wins next year's elections.

"We do not have a presidential form of government. Congress party does not declare PM or CM candidates before elections...Even in the Karnataka assembly elections, we had not declared any CM candidate," Singh told in an interview.

He was replying to questions why Congress was diffident about projecting Rahul Gandhi, why it should not project him and who is the PM candidate of Congress.

Singh also gave indications that the Congress was not averse to doing business with the Left after the next elections and apprehended that the advent of Modi could lead to communal polarisation in the polls.

Asked about BJP's elevation of Modi as its election campaign chief, just a step short of announcing him the prime ministerial candidate, Singh said, "We are not concerned. It is not an issue with us. BJP is free to take any decision. We are in the politics of ideology and not personality...Congress party does not believe in the politics of polarisation.

Asked whether Congress treats Modi as a political challenge and about Union minister Jairam Ramesh's comments that Modi presented managerial and ideological challenge to the party, Singh said, "The very name of Modi and before that of L K Advani give an impression of polarisation.

"It is not Modi. It is the ideology of the Sangh and the BJP which believes in divisive politics. Politics of hatred and violence based on religious lines, which is the challenge," he said.

Singh sidestepped a query on whether Prime Minister Manmohan Singh could again be Congress' PM candidate. "First the country has to give us a mandate again and then the parliamentary party and the party chief have to take a decision in consultation with elected MPs," he said.

To a question on whether Left Front, which supported the UPA I government from outside is a natural ally of the Congress, Singh said, "We had very good experience for the first four years of working with the Left in UPA I but unfortunately Left made a big issue of the nuclear bill" and withdrew support to the government.

"My own perception is that with Left, we know the parameters in which we work together. It is easier to work with the Left because we know the parameters in which they work, " he said.

About the political fallout of the JD(U) walking out NDA in Bihar and whether it can be a part of UPA, Singh said this is an issue which has to be considered by the Congress high command.

"Nitish Kumar did not resign when there was an accident in Godhra and he was railway minister though Ram Vilas Paswan had resigned. Now he (Kumar) has taken a positive step, which is of course a very bold step, which we are appreciating.

"My own view is if he had shown this courage in the last Bihar election, the BJP would not have got so many seats and BJP would have landed in the same position as in Odisha where Naveen Patnaik asked them to leave the coalition," he said.

Asked as to whether RJD was its natural ally in Bihar, Singh said it was for the Antony committee to decide.

The fact remains that RJD chief Lalu Prasad was supporting the Congress president and the Congress even before 2004, he said.

To a query about the poll-plank of Congress for 2014 Lok Sabha elections, he said, "Our campaign theme will be on the basis of the work done in the last ten years and the work we will be doing in the next five years."

"UPA-II has managed to give a sustained growth even in the worst economic crisis the world is facing. UPA pumped more money in lot of development schemes that led to high spending in rural areas," Singh said.

He also rejected suggestions that UPA II's image suffered a jolt and cited Congress victories in assembly elections in Uttarakhand, Himachal Pradesh and Karnataka, the states it wrested from the BJP.

"If the image is so badly hit, why the votes of Congress increased in every election post 2009 except in Goa and Bihar.

"While the Congress has added more than 100 seats in the earlier tally in the Assembly elections, BJP has lost not only states like Uttarakhand, Himachal Pradesh and Karnataka, but also lost more than 90 seats since the last Lok Sabha election," Singh said.

Asked about UPA allies DMK and TMC deserting the alliance, he said that in a coalition whether be it UPA or NDA, there have been instances of allies, which had been initially supporting the government, leaving the coalition and there is nothing new in that.

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News Network
June 10,2020

Bengaluru, Jun 10: Congress' Rajya Sabha candidate from Karnataka and senior leader Mallikarjun Kharge and his son received threat calls on Sunday, with the latter filing a complaint with the state police chief. Kharge, a former Union Minister, received the call in the wee hours of Sunday on his landline while his son Priyank later got a call from a private number on his mobile phone.

Priyank lodged a complaint with the Director-General of Police Praveen Sood and former MLC Ramesh Babu shared the copy of the complaint on Twitter on Tuesday. In his complaint, Priyank Kharge stated that at about 1.30 am on Sunday, his father received a call on the landline where the caller spoke in Hindi and English and used invective against the Congress veteran.

The caller, according to the complaint, spoke about the Rajya Sabha election and threatened Kharge. Police are looking into the matter. Kharge is the Congress' pick for the June 19 Rajya Sabha election from Karnataka. JD(S) supremo and former Prime Minister Deve Gowda and two BJP candidates have also filed nominations for the election to the upper House.

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News Network
May 11,2020

New Delhi, May 11: With an increase of 4,213 cases in the past 24 hours, India's COVID-19 count reached 67,152 on Monday, according to the Union Ministry of Health and Family Welfare.

The number of active cases in the country rose to 44,029, while 20,916 patients have been cured and discharged and one has migrated, according to the Ministry.

The number of deaths in the country due to the infection reached 2,206 on Sunday.

Maharashtra, with 22,171 confirmed cases is the worst-affected due to the infection so far and is followed by Gujarat with 8,194 cases.

However, Tamil Nadu surpassed the national capital in total coronavirus cases numbers. Delhi has 6,923 reported cases while Tamil Nadu has 7,204 confirmed cases.

Maximum deaths due to coronavirus have so far been recorded in Maharashtra (832), followed by Gujarat which has toll of 493.

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Agencies
May 27,2020

New Delhi, May 27: India’s fourth recession since Independence, first since liberalisation, and perhaps the worst to date is here, according to rating agency, Crisil.

CRISIL sees the Indian economy shrinking 5 per cent in fiscal 2021 (on-year), because of the Covid-19 pandemic. The first quarter will suffer a staggering 25 per cent contraction.

About 10 per cent of gross domestic product (GDP) in real terms could be permanently lost. "So going back to the growth rates seen before the pandemic is unlikely in the next three fiscals", Crisil said.

Crisil has revised its earlier forecast downwards. "Earlier, on April 28, we had slashed our prediction to 1.8 per cent growth from 3.5 per cent growth. Things have only gone downhill since", it said.

While we expect non-agricultural GDP to contract 6 per cent, agriculture could cushion the blow by growing at 2.5 per cent.

In the past 69 years, India has seen a recession only thrice as per available data in fiscals 1958, 1966 and 1980. The reason was the same each time a monsoon shock that hit agriculture, then a sizeable part of the economy.

"The recession staring at us today is different," it added. For one, agriculture could soften the blow this time by growing near its trend rate, assuming a normal monsoon. Two, the pandemic-induced lockdowns have affected most non-agriculture sectors. And three, the global disruption has upended whatever opportunities India had on the exports front.

Economic conditions have slid precipitously since the April-end forecast of 1.8 per cent GDP growth for fiscal 2021 (baseline), Crisil said.

On the lockdown extension, it said that the government has extended the lockdown four times to deal with the rising number of cases, curtailing economic activity severely (lockdown 4.0 is ending on May 31).

The first quarter of this fiscal will be the worst affected. June is unlikely to see major relaxations as the Covid-19 affliction curve is yet to flatten in India.

"Not only will the first quarter be a washout for the non-agricultural economy, services such as education, and travel and tourism among others, could continue to see a big hit in the quarters to come. Jobs and incomes will see extended losses as these sectors are large employers," Crisil said.

CRISIL also foresees economic activity in states with high Covid-19 cases to suffer prolonged disruption as restrictions could continue longer.

A rough estimate based on a sample of eight states, which contribute over half of India's GDP, shows that their 'red zones' (as per lockdown 3.0) contributed 42 per cent to the state GDP on average regardless of the share of such red zones.

On average, the orange zones contribute 46 per cent, while the green zones where activity is allowed to be close to normal contribute only 12 per cent to state GDP.

The economic costs are higher than earlier expectations, according to Crisil. The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.

Industrial production for March fell by over 16%. The purchasing managers indices for the manufacturing and services sectors were at 27.4 and 5.4, respectively, in April, implying extraordinary contraction. That compares with 51.8 and 49.3, respectively, in March.

Exports contracted 60.3 per cent in April, and new telecom subscribers declined 35 per cent, while railway freight movement plunged 35 per cent on-year.

"Indeed, given one of the most stringent lockdowns in the world, April could well be the worst performing month for India this fiscal," it said.

Added to that is the economic package without enough muscle. The government recently announced a Rs 20.9 lakh crore economic relief package to support the economy. The package has some short-term measures to cushion the economy, but sets its sights majorly on reforms, most of which will have payoffs only over the medium term.

"We estimate the fiscal cost of this package at 1.2 per cent of GDP, which is lower than what we had assumed in our earlier estimate (when we foresaw a growth in GDP)," it said.

"We believe a catch-up to the pre-crisis trend level of GDP growth will not be possible in the next three fiscals despite policy support. Under the base case, we estimate a 10 per cent permanent loss to real GDP (from the decadal-trend level), assuming average growth of about 7 per cent between fiscals 2022 and 2024," Crisil said.

Interestingly, after the Global Financial Crisis (GFC), a sharp growth spurt helped catch up with the trend within two years. GDP grew 8.2 per cent on average in the two fiscals following the GFC. Massive fiscal spending, monetary easing and swift global recovery played a role in a V-shaped recovery.

To catch-up would require average GDP growth to surge to 11 per cent over the next three fiscals, something that has never happened before.

The research said that successive lockdowns have a non-linear and multiplicative effect on the economy a two-month lockdown will be more than twice as debilitating as a one-month imposition, as buffers keep eroding.

Partial relaxations continue to be a hindrance to supply chains, transportation and logistics. Hence, unless the entire supply chain is unlocked, the impact of improved economic activity will be subdued.

Therefore, despite the stringency of lockdown easing a tad in the third and the fourth phases, their negative impact on GDP is expected to massively outweigh the benefits from mild fiscal support and low crude oil prices, especially in the April-June quarter. "Consequently, we expect the current quarter's GDP to shrink 25 per cent on-year," it said.

Counting lockdown 4.0, Indians have had 68 days of confinement. S&P Global estimates that one month of lockdown shaves 3 per cent off annual GDP on average across Asia-Pacific.

Since India's lockdown has been the most stringent in Asia, the impact on economic growth will be correspondingly larger.

Google's Community Mobility Reports show a sharp fall in movement of people to places of recreation, retail shops, public transport and workplace travel. While data for May shows some improvement in India, mobility trends are much below the average or baseline, and lower compared with countries such as the US, South Korea, Brazil and Indonesia.

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