Omar hints at possibility of NC backing PDP

December 23, 2014

Srinagar, Dec 23: The outgoing Jammu and Kashmir Chief Minister Omar Abdullah today hinted at an intriguing possibility of supporting his party National Conference's (NC) bitter political rival PDP in forming a government in the state after the hung verdict in the Assembly polls.omar abdulla

Mufti Mohammed Sayeed's PDP has emerged as the single largest party with 28 seats, 16 short of a majority in the 87-member legislature. BJP got 25 seats and NC 17, including two Independents supported by it, followed by the Congress with 12 seats.

PDP's options are either to align with BJP or cobble together a government with the support of Congress and some independents. Support from NC has never been considered as an option by political observers.

Introducing a new element in the scenario, Omar told PTI that it was for PDP to approach him. "I don't rule out or rule in anything thereafter," he said.

Reminded that NC's support to PDP has never been envisaged, Omar said, "was Mr Nitish Kumar's coming together with Mr Lalu Prasad Yadav in Bihar ever thought of?"

He virtually ruled out any support to the BJP, saying that there was only one per cent likelihood of that. "I am leaving one per cent crack open."

Omar, however, maintained that he would not be approaching anyone. "But that does not stop anyone from approaching me," he said.

Putting the onus on PDP, BJP and Congress to cobble up a government, Omar said it was not for him to unilaterally extend support to any formation.

Asked about BJP Chief Amit Shah's remarks at a press conference that he was keeping all options open on government formation, Omar said he had not got any call from Shah.

Acknowledging that he was earlier today not sure of returning as an MLA, he said now he was going to sit back and leave it to other parties to form the new government.

There is only one road for the NC and that is upwards and "we have an important role to play in coming days."

Omar, however, said that he had expected the PDP to do much better.

The Chief Minister said the BJP had done well but had become victim of its own propaganda. "If before elections they had projected themselves to do better than the past, they would have been a relaxed lot today.

"However, their slogans like Mission 44 and Mission 52 only punctured their happiness," he said.

Earlier during his victory run at Beerwah, Omar said NC would play the role of a good and constructive opposition.

"NC is satisfied with its own performance. We went further than what people expected from us. Opinion polls were not giving us so many seats. And I feel that given the situation, if we get 17 seats, no one in the NC should feel bad.

"We are ready to play the role of a good and constructive opposition. And we will see later as to what will happen," Omar told reporters here.

Asked about Congress general secretary and Leader of Opposition in Rajya Sabha, Ghulam Nabi Azad’s reported offer of support to the PDP, Omar said the national party had time and again proved that there were no permanent friends or foes in politics.

"Congress has this quality that they time and again prove that in politics there can be no permanent friends or foes. Azad, perhaps would be ready to do everything to go to Rajya Sabha again and for that even if he has to fall at Mufti’s feet, he will," he said.

Commenting on the possibility of PDP allying with the BJP, Omar said, "I cannot say anything on that. It is for the PDP and the BJP to see".

The NC leader, who lost from Sonawar seat, said he had known that retaining all the eight seats in Srinagar would be difficult.

"I had known that Srinagar district would be difficult for us this time. We had all the eight seats and Sonawar was a constituency which we had won three times out of the last four and there was anti-incumbency against NC. And we had to bear the brunt of the destruction caused by the floods there."

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Agencies
January 12,2020

Mumbai, Jan 12: Thousands of citizens on Sunday congregated in Mumbai's suburban Jogeshwari to oppose the new citizenship law, the proposed NRC and NPR.

They also condemned last Sunday's violence on the JNU campus in Delhi, where masked men ran riot and attacked students. Leftist organisations had claimed RSS-affiliated ABVP's role in the attack, a charge denied by the students' body.

Former Tata Institute of Social Science (TISS) general secretary Fahad Ahmed told PTI that they assembled under the aegis of 'Hum Bharat Ke Log' in Millat Nagar area.

"Prime minister Narendra Modi should call 56 students from across the country to debate on the CAA, NRC and NPR," Ahmed said in an apparent jibe at Modi's "56 inch chest" remark, which the latter had made ahead of the 2014 Lok Sabha polls.

"Why the PM is not talking to us? Why is he not communicating? Even the Britishers used to talk to Indians whom they ruled, but our PM is not talking to poor people," he alleged.

Bollywood actor Sushasht Singh also spoke on the occasion.

"We are people of this country and such acts (CAA) are tarnishing the image of our country," he said.

At the gathering, people waved banners with slogans like "I Am From Gujarat, My Documents Burned in 2002", "No CAA, Boycott NRC, Stop Dividing India, Don't Divide us", "Save Constitution", written on them.

A large number of police personnel were present at the venue.

The Citizenship Amendment Act (CAA), which was notified on January 10, grants Indian citizenship to non-Muslim minorities migrated to India from Afghanistan, Pakistan and Bangladesh till December 31, 2014, following persecution over their faith.

Massive protests were witnessed against the CAA, mainly by the student community, since its passage by Parliament in December last year.

Opposition parties have been dubbing the CAA an "anti-Muslim" legislation, a charge being debunked by the government.

The Congress and other parties like the TMC have also opposed the proposed National Register of Citizens (NRC) and the National Population Register (NPR).

Union home minister Amit Shah has said that the government won't rest until persecuted refugees are granted Indian citizenship.

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News Network
April 28,2020

New Delhi, Apr 28: Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till September 30, 2019, the Reserve Bank of India said in a RTI reply.

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.

This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore.

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Forever Precious Jewellery and Diamonds Private Limited has loans of Rs 1,962 crore written off while Deccan Chronicle Holdings Limited have Rs 1915 crore written off loans.

Choksi's other firms Gili India and Nakshatra Brands also have loans of Rs 1,447 and Rs 1109 crore respectively written off.

REI Agro of Jhunjhunwala brothers is already under the scanner of ED. The CBI and ED are also probing alleged fraud by the owners of Winsome Diamonds.

Vikram Kothari's Rotomac is the fourth in the list. He and his son Rahul Kothari were arrested by the CBI for bank loan default.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

"The information on top 50 wilful defaulters and their sum of funded amount outstanding and amount technically/prudentially written off as on September 30, 2019 reported in CRILC by banks, is provided," the RBI said in its written response dated April 24.

In his application, RTI activist Saket Gokhale had sought the list of defaulters as on February 16, but the RBI said the requested information is not available.

The RBI said that according to section 8 (1)(a) of RTI Act 2005 read with para 77 of Supreme Court judgement of December 16, 2015 in Jayantilal N Mistry case, information on overseas borrowers is exempted from public disclosure.

"Data is as reported by banks and RBI will not be held responsibly or accountable for any misreporting and/or incorrect reporting by the reporting entities," the RBI said in the written reply to the RTI query.

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Agencies
January 15,2020

Mumbai, Jan 15: The Reserve Bank of India (RBI) on Wednesday redistributed portfolios of Deputy Governors following the appointment of Michael Debabrata Patra to the post.

An official release said that NS Vishwanathan will handle co-ordination, Department of Regulation (DOR), Department of Communication (DoC), Enforcement Department, Inspection Department (ID), Risk Monitoring Department (RMD), and Secretary's Department.

BP Kanungo will look after Department of Currency Management (DCM), Department of External Investments and Operations (DEIO), Department of Government and Bank Accounts (DGBA), Department of Information Technology (DIT), Department of Payment and Settlement Systems (DPSS), Deposit Insurance and Credit Guarantee Corporation (DICGC), Foreign Exchange Department (FED), Internal Debt Management Department (IDMD), Legal Department (LD) and Right to Information (RIA) Division.

The release said that MK Jain will handle the Department of Supervision (DOS), Consumer Education and Protection Department (CEPD), Financial Inclusion and Development Department (FIDD), Human Resource Management Department (HRMD), HR Operations Unit (HR-OU), Premises Department (PD), Central Security Cell (CSC), and Rajbhasha Department.

Patra will look after the Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department including Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics & Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

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