Note ban led to unemployment and suicides, admits senior BJP MP

News Network
November 10, 2017

New Delhi, Nov 10: Demonetisation has crippled the unorganised sector and is responsible for suicides and unemployment, BJP MP and beedi baron Shyama Charan Gupta said at a parliamentary panel meeting on Thursday.

Mr. Gupta’s comments came during a meeting of the standing committee on finance, headed by Congress MP M. Veerappa Moily, which was discussing demonetisation. Importantly, it comes a day after Union Cabinet Ministers had fanned across the country extolling the virtues of demonetisation in tackling black money.

Economic Affairs Secretary Subash Chandra Garg, Financial Services Secretary Rajiv Kumar, and Chairman of Central Board of Direct Taxes Sushil Chandra were also present at the meeting.

According to sources, Mr. Gupta, MP from Allahabad, asked officials if they had compiled figures on suicides in the unorganised sector due to demonetisation. “He asked if they realise how bad the situation is in the unorganised sector where he claimed people are facing starvation. He also asked the Finance Ministry officials if they have maintained any statistics on suicides by workers in the unorganised sector,” another committee member said.

Mr Gupta who heads a ₹250 crore beedi business, spoke at length detailing the crippling effect of demonetisation on businesses like his. First, he said the government had cut the cash flow resulting in reduction in jobs. A year on, with 28% GST on beedis, the government has further squeezed the sector with major dip in demand.

While Mr. Gupta refused to divulge details of his comments at the meeting, citing the confidentiality clause, he did not deny the questions he had raised. “I cannot reveal anything about the meeting without permission of chairman of the committee. I placed before the members my queries just like others,” Mr. Gupta told media.

“What is more interesting is that the other BJP members remained mum through the meeting and did not jump in support of the government. Rajya Sabha MP Rajeev Chandrasekhar was the only one to speak in favour of the exercise,” another member said. Mr. Chandrasekhar is a BJP-backed independent MP from Bengaluru, who owns Asianet and also finances the news broadcaster Republic.

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Agencies
March 16,2020

Amaravati, Mar 16: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy said that paracetamol is the only medication for coronavirus.

He said that COVID-19 is lethal for those have comorbid conditions including blood pressure, asthma and kidney diseases.

"There is no need to get panic about Coronavirus. Its impact is majorly on senior citizens aged above 60 years. It is dangerous to those suffering from diabetes, blood pressure, asthma and kidney diseases. For others, it is not so much dangerous. And paracetamol is the only medication for coronavirus," Reddy said on Sunday while addressing a press conference on the postponing of the local body elections as coronavirus cases continue to rise.

"In case anybody coming from foreign countries is found suffering from cough, cold and fever, bleaching powder should be sprayed on their belongings and things they use. The government is creating awareness on such precautions," he added.

Reddy slammed the State Election Commissioner's decision of postponing the local body elections for six weeks and alleged that the SEC was acting at the behest of TDP chief N Chandrababu Naidu.

The opposition has targeted Reddy on his statement, saying the chief minister is behaving "ignorantly" and "irresponsibly" on the issue of coronavirus.

"While Telangana CM had changed his stand and closed shops and theatres in his state, Jagan Reddy is speaking as if there is no need for any panic. This CM is behaving ignorantly and irresponsibly," said Naidu.

Andhra Pradesh has reported one case of coronavirus. The total number of confirmed COVID-19 cases across India has risen to 110.

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News Network
January 1,2020

New Delhi, Jan 1: Prevention of Money Laundering Act (PMLA) court in Mumbai has allowed banks that lent money to embattled liquor tycoon Vijay Mallya to utilize seized assets, news agency reported today quoting sources from the Enforcement Directorate (ED). The court also said all parties affected by the order can appeal at the Bombay High Court till January 18.

Last month, a consortium of Indian banks petitioned a London court for ex-billionaire Vijay Mallya to be declared bankrupt over ₹9,000 crore in unpaid debts. It comes as Mallya, who founded the now defunct Kingfisher Airlines Ltd, faces extradition to his home country of India.

Mallya had fled India in March 2016 and has been living in the United Kingdom since then. The 64-year-old former Kingfisher Airlines is fighting extradition to India in relation of fraud and money laundering allegations arising out of the debt acquired from the banks.

Mallya remains on bail pending the UK High Court appeal hearing in the extradition proceedings brought by India in relation to fraud and money laundering charges amounting to ₹9,000 crores. He had been arrested on an extradition warrant back in April 2017 and has been fighting his extradition in the UK courts since then.

He was granted permission to appeal against his extradition order, which is scheduled in the Royal Courts of Justice in London for February.

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News Network
March 4,2020

Mar 4: Twenty-one Italian tourists and three Indian tour operators have been sent to an ITBP quarantine facility in Delhi on Tuesday for suspected coronavirus exposure, official sources said.

Health Ministry sources said these foreigners, 13 women and eight men, were in the same group of which an Italian and his wife have tested positive in Rajasthan capital Jaipur.

“His (Italian in Jaipur) condition is stable,” a source said.

Three Indians, who were accompanying this Italian group as tour operators, have also been sent to the ITBP facility in Chhawla area of south-west Delhi, they said.

All these people, staying at a five-star hotel in south Delhi, have been put in “preventive isolation” at the ITBP camp and their samples will be taken on Wednesday, sources said.

The centre already has 112 people, 76 Indians and 36 foreigners, since February 27 after they were evacuated by an IAF plane from Wuhan in China, the epicentre of the coronavirus.

The first samples of these 112 people had tested negative when reports came in last week.

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