No immediate plan to withdraw troops from J&K: Min

Agencies
August 22, 2019

Hyderabad, Aug 22: The Centre has no immediate plans to withdraw security forces from Jammu and Kashmir, where Article 370 has been revoked, in view of the continued tension in the region, Minister of State for Home G Kishan has said.

"Why will we withdraw troops immediately from there when Pakistan is trying to provoke? Pakistan is trying to provoke Kashmirs and disturb the peace so that it can go to international community (to complain). The decision on whether to withdraw or not will be taken by the local administration," Reddy told PTI when asked whether the centre had any plans to with additional forces. He said the situation in J&K was peaceful now and Home Minister Amit Shah was regularly monitoring the situation.

Reddy pointed out that schools had opened, Section 144 had been withedrawn, government offices had started working and some of the controls imposed had been relaxed. Internet and telephone services had also been restored, barring in a few districts (four or five), he said.

Asked why opposition leaders were not being allowed to hold meetings in the state, he said government has taken precautions in view of Pakistan's intentions and the opposition leaders should have patience. "Pakistan would like to see peace disturbed in J&K to tell the world that the government of India's decisions vis-a-vis the state are wrong," he said.

"There is a lot of time. You can go to Jammu and Kashmir... Hold peace for some days. Let's see Pakistan's problem now. After that, Rahul Gandhi can hold any number of meetings. Who is saying no? Have patience," he said.

Asked for his comments on the situation in Jammu and Kashmir and the reports of violence, he said "small incidents" are not happening for the first time. Now there was no "tense situation in Jammu and Kashmir", where there used to be months-long curfew with leaders jailed for years in the past as well, he said.

"This is not new. We took some decisions like imposing restrictions as a precautionary measure, keeping in view Pakistan's attempts to provoke and conspire to somehow disturb law and order in Jammu and Kashmir. Certainly not to inconvenience people," he told reporters on the sidelines of an event here on Wednesday.

He said there had been instances in the past of imposition of curfew, enforcement of prohibitory orders, closure of schools for months and arrest of Chief Ministers. Compared to the past, no such decisions have been taken now, he said.

"Pakistan is hatching many conspiracies to prove before the world what the government of India has done is wrong. Because today the whole world is in favour of India... because the world is standing by the decisions taken by the government of India in the matter of abrogation of Article 370," he said.

The government, Reddy said, was taking all precautionary measures as either the ISI or Pakistan government was trying to somehow disturb law and order "to prove that what the government of India has done is wrong". Reddy said abrogation of Article 370 would have benefits like implementation of the Constitution and reservations for Scheduled Castes, Scheduled Tribes and Backward Classes coming into force in the state.

"Why are you in a hurry? On the one hand, Pakistan is making efforts to tell the world that there is no peace. Now the opposition also wants to go with Pakistan. This is wrong," he said. Asked when political leaders would be released in Jammu and Kashmir and the appropriate time, he said the officers concerned would take a call on the matter.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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Agencies
May 30,2020

New Delhi, May 30: The COVID-19 pandemic has left the Indian private healthcare sector in acute financial distress, a new survey said on Friday adding that the healthcare facilities in the country have witnessed at least 80 per cent fall in average revenue.

Post the lockdown from March 24, Indian hospitals have seen a large impact, especially among small and medium-sized hospitals, which are now facing existential challenges.

The survey by healthcare industry body NATHEALTH was conducted in 251 healthcare facilities across nine states and 69 cities to assess the impact of COVID-19 on the domestic healthcare industry.

The findings showed that 90 per cent of the surveyed healthcare facilities are facing financial challenges with 21 per cent facilities facing an existential threat.

"There is a need for a stimulus package to revive the Indian healthcare industry which will be crucial to provide much-needed relief to the healthcare sector which is the frontline defence in this fight against COVID-19," said Dr Sudarshan Ballal, President NATHEALTH.

According to the survey, hospitals in tier 1 and tier 2 cities are experiencing a 78 per cent reduction in OPD footfalls, and a drop of 79 per cent in in-patient admissions.

The study found that 90 per cent of organisations require some form of financial assistance.

The findings indicated that even after the lockdown lift, the situation will remain difficult for the hospitals and nursing homes as patients will hesitate from visiting hospitals.

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News Network
May 20,2020

Thiruvananthapuram, May 20: As COVID-19 count surges to 666 with 24 new cases reported on Wednesday, Kerala Chief Minister Pinarayi Vijayan has said that if cases keep increasing in this manner, then the State will be in a 'serious situation.'

Out of 24 new patients, 12 have returned from abroad, 11 others from other States and one has been infected by a contact. Now, total positive cases in the State stand at 666 including 161 active cases, Chief Minister Vijayan said at press meet.

"If the number of COVID-19 cases increases like this, then the State will be in a serious situation. We have given more relaxations in lockdown guidelines. We need to have more strict measures in some areas," he said.

Speaking about the people who are coming to Kerala from other States, he stressed that all people coming from outside are "not carriers." However, the State has to tighten the security as some among those people are "carriers."

The Chief Minister while clearing that there is no restriction for the people to come back to Kerala, said: "Lakhs of people residing in other states cannot come together."

"There is no relaxation in containment areas. Those who came from outside have to be in quarantine. This is their moral responsibility. The State has implemented home quarantine successfully. Various level committees like ward committee, neighbours and residential associations are monitoring the people in quarantine," he said.

Chief Minister Vijayan has directed the police to visit people under home quarantine to take their report and district panchayat to make sure that all panchayats are working in a proper manner.

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