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Note ban destroyed terror funding, human-drug trafficking: Modi

December 27, 2016

Dehradun, Dec 27: Hitting back at Rahul Gandhi's charge of helping big corporates and the rich, Prime Minister Narendra Modi today said his government is focused on working for the poor and asserted that demonetisation has destroyed in one stroke black money, terror funding as well as human and drug trafficking.modi242

Targeting parties who are opposing the note ban, he claimed some people are upset as his decision has struck the "ring leader of thieves".

Addressing BJP's 'parivartan maharally' in poll-bound Uttarakhand, Modi appeared to rebut Rahul's charge when he said that while the UPA government's move to raise the number of subsidised cylinders from 9 to 12 was projected as momentous, his government gave gas cylinders to five crore people below poverty line.

"18,000 villagers were living in 18th century without electricity... in thousand days, we have electrified 12,000 villages. Work on remaining 6,000 is on. Is this working for rich or empowering the poor," he said.

With the decision to demonetise Rs 500 and Rs 1000 notes, the black money stored in cupboards and under mattresses is now coming to banks and to the people, he said, adding he is fulfilling his duty of a 'chowkidar' (watchman) to get rid of black money and "dark hearts" which have ruined the country.

"In some, corruption is in the blood. They used back door to convert the money and thought Modi cannot see.

"But we knew and now they are being caught," he said referring to various raids by law enforcement agencies on black money hoarders.

Describing note ban as a "cleanliness drive", he thanked the people for standing by him. He also said the move is aimed at empowering the people and to give them a bright future.

"I am fighting to make the honest empowered," Modi said adding that his November 8 decision has dealt a devastating blow to black money and terror funding.

The decision is not being liked by some people as he has struck directly at the "ring leader of thieves" (choron ka sardar), the Prime Minister said.

Comments

Althaf
 - 
Tuesday, 27 Dec 2016

Shut your mouth ya Fenku....

Haris
 - 
Tuesday, 27 Dec 2016

There is no such TERRORISM in INDIA . which needs funding .....in Fact Gvernment is funding Terrorism ...and when came to power it wanted more funds so introduced Demonetisation .......clear

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News Network
May 22,2020

New Delhi, May 22: Air India on Friday started booking for domestic flights amid the COVID-19 lockdown.

"We have started bookings for domestic flights," said Air India in a statement.

The airlines will operate a total of 8,428 flights each week for the next three months from May 25 to August 25 as the Central government has announced the resumption of domestic flights.

Civil Aviation Minister Hardeep Singh Puri on Thursday said that a minimum and maximum fare for three months has been set for the domestic flight services, which resume from May 25.

In the case of Delhi, Mumbai the minimum fare would be Rs 3,500 for a journey between 90-120 minutes. The maximum fare would be Rs 10,000.

"This is operative for three months -- till one minute to midnight on August 24," said Puri at a press conference here.

Puri said that guidelines have been issued for the passengers and airports, which are to be followed during flight operations.

He also said that self-declaration or Aarogya Setu App status on a compatible device would be obtained to ensure that a person does not have COVID-19 symptoms.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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News Network
January 28,2020

New Delhi, Jan 28: Kolkata Metro Rail Corp expects to complete its East-West project, which runs partly under the city’s iconic Hooghly river, by March 2022 after a delay of several years doubled costs.

The authority is awaiting a final installment of Rs 20 crore ($2.8 million) over the next two years from the Indian Railway Board, said Manas Sarkar, managing director at KMRC. A soft loan of Rs 4,160 crore from Japan International Cooperation Agency helps fund 48.5% of the project.

India’s oldest metro, which started in 1984 with a North-South service, was due to expand by 2014 but faced problems including squatters on the planned route. These issues have contributed to the total project cost rising to about Rs 8,600 crore for some 17 kilometers from Rs 4,900 crore for 14 km.

“About 40% of total transport demand will be tackled by these two metro services,” Sarkar said in an interview at his office in Kolkata. “It will be a relief for environmental pollution and the city should be much more decongested.”

The new line is expected to carry about 900,000 people daily, -- roughly 20% of the city’s population -- and will take less than a minute to cross a 520-meter underwater tunnel. Depending on the time of day, it takes some 20 minutes to use the ferry and anywhere upward of an hour to cross the Howrah bridge.

KMRC will repay the JICA loan over 30 years after an initial six-year moratorium. The interest rate is between 1.2% to 1.6%. The East-West metro project is 74% owned by the railway ministry and 26% by the ministry of housing and urban affairs.

“We don’t anticipate any further cost escalation now,” Sarkar said.

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