No ban on day-dreaming: Javadekar on Rahul's prime ministerial aspirations

Agencies
May 22, 2018

Mumbai, May 22: Union minister Prakash Javadekar on Tuesday took a dig at Congress president Rahul Gandhi's remark that he is ready to be the prime minister, saying there is no ban on "day-dreaming".

The Congress has lost 20 states and it is in power only in a couple of states now. "If on that basis, Gandhi is thinking of becoming the prime minister, then there is no ban on day-dreams in this country," Javadekar told a regional television channel, when asked about the Congress chief's remark.

Gandhi had recently said he is ready to become the prime minister if his party emerges as the "biggest" party in the 2019 Lok Sabha polls.

Asked if Gandhi could pose a challenge to Prime Minister Narendra Modi in the parliamentary elections next year, Javadekar said, "A smart tweet or big talk is not politics. It is much more than that."

The BJP had only two MPs in the Lok Sabha in 1984 and it won 282 seats in the 2014 general polls. The Congress was then 400, which reduced to 44, he pointed out.

"There are lessons to be learnt by the Congress from our example," he said.

Asked about the recent political scenario in Karnataka, he said the southern state's governor had invited the BJP by acting within the constitutional framework.

"When we realised that we do not have the sufficient strength, our chief minister (B S Yeddyurappa) stepped down," he added.

On the Punjab National Bank scam involving diamond merchant Nirav Modi, the BJP leader said, "It happened during Congress period but we have arrested more than 13 people in connection with the case. We will seize their properties spread across the country."

On the BJP's slogan of 'Congress-free India', the minister said it means a country free of "crony-politics, lobbying and passing on benefits only to selected people."

"The bad culture in politics, introduced by the Congress, is what we have been opposing," Javadekar said.

Asked about Rahul Gandhi using a similar slogan of "Modi-mukt Bharat", he claimed that it does not have any appeal among people. "Being so anti-Modi is negative politics which will never be successful in the country."

Despite being a nationwide party, if the Congress was going to say it will only oppose (Prime Minister) Narendra Modi, then it is negative politics, he said.

Javadekar exuded confidence that the BJP will not only win the 2019 general elections, but its performance will also be better than earlier in West Bengal, Odisha, Tamil Nadu and Kerala. "We will also retain our current base in the country."

To a query on how the Centre was going to check the black money and if any opposition leader from Maharashtra would face the heat, he said the Benami Property Transaction Act is going to be implemented from June onwards.

"You will see many leaders of the Congress, the NCP and many more will face its heat. The properties and bungalows purchased in the name of some servants or non-existing person, all are going to be confiscated," he said.

Highlighting the government's achievements and lauding its Swachh Bharat Abhiyan, Javadekar said seven crore houses in the country got toilets.

"I have seen that women in Uttar Pradesh and Bihar have given their toilets the name of 'izzat ghar' as earlier it was embarrassing for them to go out in public," he said.

There are some 400 schemes in the country having an outlay of Rs 3.25 lakh crore, which directly gets deposited into the bank accounts, he said.

"The then prime minister, Rajiv Gandhi, had once said that if he sends Rs 100 to the people, only Rs 15 would reach actually. It was the Congress in power, from the Centre to village, and leaders were siphoning off money. We have stopped it," Javadekar said.

Comments

Mr Frank
 - 
Tuesday, 22 May 2018

Yes Modiji has got excellent experience of that in karnataka and it applies more to Modiji than Rahul for 2019.

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Agencies
August 1,2020

Chandigarh, Aug 1: The death toll in the Punjab spurious liquor tragedy rose to 86 on Saturday even as Chief Minister Amarinder Singh suspended seven excise officials and six policemen, officials said.

The government also announced a compensation of Rs 2 lakh for each of the families of the deceased, they said.

Tarn Taran alone accounted for 63 deaths, followed by 12 in Amritsar and 11 in Gurdaspur’s Batala. Till Friday night, the state had reported 39 deaths in the tragedy unfolding since Wednesday night.

According to an official statement, the CM ordered the suspension of seven excise officials, along with six policemen.

Among the suspended officials are two deputy superintendents of police and four station house officers.

Strict action will be taken against any public servant or others found complicit in the case, said the chief minister, describing the police and excise department failure to check the manufacturing and sale of spurious liquor as shameful.

Nobody will be allowed to get away with feeding poison to our people, he added.

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News Network
May 27,2020

New Delhi, May 27: Professor Johan Giesecke of the Karolinska Institute, Sweden, on Wednesday claimed that India will ruin its economy very quickly if it had a severe lockdown.

Claiming that a strict lockdown may disrupt India's economic growth, Giesecke during an interaction with Congress leader Rahul Gandhi said: "In India, you will do more harm than good with strict lockdown measures. India will ruin its economy very quickly if it had a severe lockdown."

While calling for a soft lockdown approach in India, he suggested that India has to ease restrictions one by one. It may, however, take months to completely come out of lockdown, he said.

He further criticised countries across the globe for having no post-lockdown strategy.

Emphasising on the disease, the Swedish health expert said that coronavirus is spreading like a wildfire across the world. "It is a very mild disease. Ninety-nine per cent infected people will have very less or no symptoms," he added.

Meanwhile, Ashish Jha, Director Harvard Global Health Institute and a recognised public health official, in interaction with Gandhi, called for a need to go in for an 'aggressive' COVID-19 testing to create confidence among people.

"When the economy is opened post-lockdown, you have to create confidence. There is a need for aggressive testing strategy in high-risk areas," he said.

He asserted that COVID-19 is not the last pandemic in the world, adding that "We are entering the age of large pandemics".

Jha further said that countries like South Korea, Taiwan and Hong Kong have responded the best to COVID-19 pandemic, while Italy, Spain, the US and the UK have responded the worst.

A few days ago, the Gandhi scion had interacted with former Reserve Bank of India Governor Raghuram Rajan and Nobel Prize Winner Abhijit Banerjee to discuss various issues related to the COVID-19 crisis.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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