Not above law, ready to be questioned by CBI: PM

October 24, 2013
On Board Air India One, Oct 24: Prime Minister Manmohan Singh Thursday said he "was not above the law" and was willing to be questioned by the CBI in the coal block allocations as he had "nothing to hide".

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In an affable mood after ending a two-nation tour to Russia and China, he also exuded confidence that Congress would "surprise" everyone and win the 2014 general elections and felt the BJP, despite its aggressive election campaign, would "peak early" and his "slow and steady" party would win the race.

Manmohan Singh also hit out at Pakistan for the repeated ceasefire violations, saying he was "disappointed" as they were taking place despite an agreement to maintain peace at the border during his meeting with Pakistan Prime Minister Nawaz Sharif in New York last month.

The prime minister, who held the coal portfolio during the first United Progressive Alliance (UPA) government in 2006, said he was "not above the law of the land".

"If there is anything that the CBI (Central Bureau of Investigation) or, for that matter, anybody wants to ask, I have nothing to hide...."

The Bharatiya Janata Party (BJP) has been targeting the prime minister demanding that he be called for questioning by the CBI, probing the coal blocks allocations.

The issue came into sharp focus after the CBI filed an FIR against industrialist Kumar Mangalam Birla, his company Hindalco and former coal secretary P.C. Parakh over two coal blocks in Odisha's Talabira allocated in 2005.

Parakh pointed an accusing finger at the prime minister, saying if he was involved in the conspiracy, Manmohan Singh was equally responsible.

The PMO promptly defended the allocations saying they were done on merit.

To a question on whether the scams and alleged wrongdoings, like the coal allocation issue, would "cast a shadow on his prime ministership", Manmohan Singh said: "That is for history to judge."

"I am doing my duty and will continue to do my duty. What impact my 10 years of prime ministership will have is for historians to judge," he told reporters.

The prime minister, answering questions on a range of subjects while on way back from his tour, said the allegations of scams against the UPA government relate only to its first term and not to UPA-II.

In the 2009 general election, the Congress won "hands down", he said, adding: "I am sure when the results of 2014 come out, the country will once again be surprised."

The prime minister also said that though the BJP may be perceived to be running ahead of the Congress with an aggressive election campaign but the "slow and steady" would win the race.

"I don't share the view that the Congress party is not active enough. I think the Congress party is quite active. I think the BJP may have started early, but I think it will also peak early.

And slow and steady (wins the race) I think is the thing which sometimes also works in public life as well."

Asked what he thought about Rahul Gandhi saying he could be killed too like his grandmother Indira Gandhi and his father Rajiv Gandhi - both prime ministers, the prime minister said in a reference to the BJP: "Well, I and all sane persons should be worried about the politics of hate which is now sweeping the country."

"As regards the threat to the life of Rahul Gandhi, the government will take all possible precautions that this threat does not materialise," he said.

Asked whether he thought the Supreme Court with its many judgments was becoming "over active" and whether he thinks it to be a reason for the government's policy paralysis, the prime minister declined to comment.

On the spike in ceasefire violations on the Line of Control, he said after his meeting with Nawaz Sharif, "there was agreement on both sides that peace and tranquillity must be maintained on the Line of Control and the International Border. And this has not happened, it has come to me as a big disappointment."

"I sincerely hope that at this late hour Prime Minister Nawaz Sharif will recognise that this is a development which is not good for either of the two countries."

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August 8,2020

Kozhikode, Aug 8: A tailwind or crosswind could be the reason for the Air India Express flight mishap at Kozhikode international airport in Kerala, according to some aviation experts. 

Team of DGCA and AIE already reached the spot. With the death of the captain and co-pilot in the mishap, the investigation would be focusing mainly on the voice recorders and other technical aspects.

It is learnt that the ill-fated aircraft, IX 1344 with 190 onboard including crew, was initially planning to land on runway-28 of the airport. But later the pilot opted runway-10 which is toward the other direction. Pilots would be taking the decisions on the basis of inputs from ATC.

The questions now doing the rounds are what made the pilot opt runway-10 and whether the tabletop runway lacked adequate safety parameters.

An aviation expert, who didn't want to be quoted, said that Capt Deepak Sathe, who was commandeering the aircraft, was a well-experienced pilot and was also familiar with the terrains. Hence the chances of any error from his part was very unlikely. Hence a fair in-depth probe was required to find the exact cause.

Though the Kozhikode airport has an Instrument Landing System, it was of category-I for which pilot's visibility is very crucial toward a touchdown. Since it is a tabletop airport and rough weather prevailing in the region, the chances of tailwind was also high, said sources.

There had been safety concerns about the airport over quite some time. In 2011 aviation safety consultant captain Mohan Ranganathan reportedly gave a report citing the safety issues, especially the buffer zones at the end of the runway.

However, an AAI officer said that rectification steps were already done by last year by widening the Runway End Safety Area (RESA) from 90 metre to 240 metre. However, the length of the runway had to be reduced to 2,700 metre from 2,850. The AAI was also constantly pressing for increasing the runway length to 3,150 metres. But that was getting delayed due to land acquisition issues pending with the state government.

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News Network
March 21,2020

Mar 21: India’s economy, already in the grip of a slowdown, is in for more pain after Prime Minister Narendra Modi appealed to citizens to stay at and work from home to curb the coronavirus outbreak.

The services sector, which accounts for about 55% of India’s gross domestic product, is poised to be the worst hit after Modi, in a late evening address on Thursday, urged citizens to go on a self-imposed curfew for a day and private companies to allow employees to work from home for longer. In the country’s vast informal sector, social-distancing measures could mean a dent to productivity and consumption because of job or pay losses.

“The impact of a partial lock-down or social distancing will be significant,” said Rahul Bajoria, a senior economist at Barclays Plc in Mumbai. “If there’s a widespread community outbreak, GDP could fall as low as 3.5% in the year starting April 1.”

Shrinking output may limit growth in an economy that’s already set to expand at an 11-year low of 5% in the current year to March 31. Before the virus outbreak, India had forecast growth to recover to 6%-6.5% in the next fiscal year. S&P Global Ratings and Fitch Ratings have already slashed their growth forecast by 50 basis points.

“The current social-distancing measures will severely impact airlines, hotels, malls, multiplexes, restaurants and retailers,” according to analysts at Crisil Ltd., the local unit of S&P Global. “Lower footfalls and occupancies, decline in business volume and sub-optimal operating efficiencies will impact cash flows of companies in these sectors,” wrote the analysts led by Chief Economist Dharmakirti Joshi.

The government will try to announce a relief package for virus-affected sectors as early as possible, Finance Minister Nirmala Sitharaman said Friday.

In a televised address, Modi advised all citizens to stay at home for a day on March 22, as he sought to stem the spread of the coronavirus -- cases of which are relatively low in India at about 200, compared with more than 200,000 infected people globally. His government also barred incoming flights for a week from that day, joining a growing list of countries effectively sealing their borders.

What Bloomberg’s Economists Say

We had only earlier this week lowered our GDP outlook to consider the direct impact of the local outbreak as confirmed virus cases exceeded 100 as of March 15 and the federal and state governments announced social distancing measures that have already started to crimp economic activity. We are now revising down our GDP estimate for 4Q fiscal 2020 to 3.3%, from our 3.5%.

-- Abhishek Gupta, India economist

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“Consumption being the biggest component of GDP, a lock-down is bound to have a big impact on the economy,” said Devendra Kumar Pant, chief economist at India Ratings and Research, the local unit of Fitch. “Modeling uncertainty in any system will be very difficult, but one can say the slowdown could deepen or prolong further.”

Work From Home

While companies, including billionaire Mukesh Ambani-controlled Reliance Industries Ltd., are asking employees to work from home, the option isn’t feasible in India’s vast informal sector.

“The option to work remotely simply won’t exist for most,” said Shilan Shah, an economist with Capital Economics Pte. in Singapore.

As many households don’t have savings buffers, the government would probably have to back this up with large-scale cash handouts that reach the poorest, he said.

Work from home is posing implementation challenges for the manufacturing sector where workers are required to be physically present at the production sites. The services sector, such as banking and information technology, also needs employees to be present in offices as confidential data is used, according to industry group Federation of Indian Chambers of Commerce and Industry.

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Agencies
July 13,2020

Jaipur, Jul 13: Congress Legislature Party (CLP) on Monday unanimously passed a resolution supporting Chief Minister Ashok Gehlot-led government and accusing the BJP of destabilising the government by indulging in horse-trading of MLAs.

The CLP also condemned all "undemocratic" acts to weaken Congress party and its government and demanded action against any Congress office-bearers involved in anti-party activities.

"Feared by exemplary works and public service of Congress government, BJP-led conspiracy is trying to destabilise Congress' state government, horse-trading of MLAs and trying to murder democracy by using money and political power," read the resolution.

"It is unfortunate that BJP did not learn lessons from the defeat in the Rajya Sabha elections and are trying to destabilise Congress government using corrupt means. 

This ripping off of democracy by BJP is an insult to 8 crore people of Rajasthan, they will not accept it. CLP meet expresses its confidence in Congress President Sonia Gandhi and leader Rahul Gandhi, and unanimously supports the government led by Ashok Gehlot," it said.

"This meet urges that strict disciplinary action be taken against any office-bearer or member of Legislative Party who indulges in activities against the Congress government, party or gets involved in any conspiracy," read the resolution.

As many as 107 MLAs attended the CLP meeting, which begun in the afternoon and now has been concluded.

"107 MLAs are present at the CLP meeting in Jaipur," Chief Minister Ashok Gehlot's media advisor confirmed to media.

The crisis in Rajasthan Congress intensified with Gehlot and his deputy Sachin Pilot at loggerheads. While Gehlot is blaming BJP for trying to destabilise the state government by poaching MLAs, Pilot is camping in Delhi to speak to the party leadership regarding the political turmoil in the state.

BJP has claimed that the Ashok Gehlot-led government has lost the majority in the state.

"Sachin Pilot was the rightful candidate for the post of Rajasthan Chief Minister but Ashok Gehlot took the charge; a conflict in the party began since then. What is happening today is the result of that conflict. The state government has lost the majority," Rajasthan BJP President Satish Punia said today.

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