Oppn slams Centre over denial of foreign aid to Kerala

Agencies
August 23, 2018

New Delhi, Aug 23: Opposition parties, including the Congress and CPI(M), today trained its guns on the Centre asking it to remove obstacles in accepting foreign aid for rain-ravaged Kerala, including Rs 700 crore offered by the UAE, even as government justified the stand.

Union Minister Alphons Kannanthanam defended the Centre's decision, saying in refusing foreign aid for rehabilitation of the flood-hit state, the government has followed a 14-year convention it "inherited" from previous governments of not accepting such assistance in the face of natural calamities.

Joining the issue, CPI(M) Kerala state secretary Kodiyeri Balakrishnan said Centre should make changes in the convention to get Kerala assistance from foreign countries. In a Facebook post, he termed as "wrong" the Centre's decision to refuse UAE's aid offer.

"The refusal to accept foreign assistance is an act of vengeance," Balakrishnan said. Congress termed the centre's decision as "disappointing."

AICC general secretary and former chief minister Oommen Chandy has shot off a letter to Prime Minister Narendra Modi, urging him to modify rules, if any, to facilitate foreign funding for rebuilding the flood-ravaged state.

"The decision is quite disappointing to the people of Kerala. Rules should be as such to eradicate the sufferings of the people.

If there exist any obstacles against the acceptance of foreign financial aid, kindly look into the matter seriously and bring suitable modifications," he said in his letter.

The Communist Party of India today said if the Centre wants to reject the Rs 700-crore offer of the UAE to Kerala, it should give a Rs 2,600-crore interim assistance as sought by the southern state for flood relief operations.

Suravaram Sudhakar Reddy, the national general secretary of the CPI -- the second biggest constituent in the ruling Left Democratic Front government in Kerala -- accused the Centre of "standing on false prestige" on the issue of foreign aid at times of natural disasters.

He said when a country faced a natural calamity, it was normal for other nations to offer aid, and recalled that India had helped Nepal and Bangladesh in such situations in the past and even made an offer to Pakistan when there was an earthquake in the neighbouring country.

"In such circumstances, we can accept from the UNO and the UAE...whoever supports unconditionally without strings. ..we should accept it," Reddy told PTI in Hyderabad.

Justifying the stand of the Centre, which is under fire for refusing aid for Kerala from countries like the UAE and Thailand, Alphons said this was a policy that was followed by the current government since former prime minister Manmohan Singh had refused aid from foreign countries in 2004 during the devastating Tsunami.

"A policy decision was taken by the Manmohan Singh government in December 2004 in the aftermath of the Tsunami and that policy has been continued with for the last 14 years.

This is something we have inherited," he told reporters in New Delhi.

Earlier, among others, Kerala Finance Minister Thomas Isaac had flayed the BJP-led government over the refusal of aid and said the rain ravaged southern state had asked the Centre for a financial support of Rs 2,200 crore, but was granted only Rs 600 crore.

"We make no request to any foreign government but UAE government voluntarily offered Rs 700 crore. No, says Union government, it is below our dignity to accept foreign aid.

This is a dog in the manger policy (sic)," Isaac had written on Twitter.

He had further said as part of the state government's resource mobilisation efforts for ongoing relief-and-rescue operations for the flood-hit people, it had increased the excise duty on liquor and was geared to approach the GST Council for imposing a 10-per cent cess on SGST.

"Both together on annualised basis mobilise ?750 crore (sic)," Isaac had written on the microblogging website.

The state has suffered an estimated loss of Rs 20,000 crore (as per a preliminary estimate) and had sought an interim assistance of Rs 2,600 crore from the Centre, besides a special package of a similar amount under the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGA).

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News Network
June 15,2020

New Delhi, Jun 15: On Monday, petrol and diesel prices across the country were raised for the ninth consecutive day by 48 paise and 59 paise, respectively.

Petrol price per litre was raised to Rs 76.26 in New Delhi, Rs 83.17 in Mumbai, Rs 79.96 in Chennai, Rs 79.17 in Hyderabad, Rs 78.73 in Bengaluru and Rs 78.10 in Kolkata.

Diesel price per litre was hiked to Rs 74.62 in New Delhi, Rs 73.21 in Mumbai, Rs 72.69 in Chennai, Rs 72.93 in Hyderabad, Rs 70.95 in Bengaluru and Rs 70.33 in Kolkata.

Since 7 June, after ending their 82-day hiatus in daily revision, state-owned oil marketing companies have increased petrol price by Rs 5 per litre and diesel by Rs 5.23 per litre.

These prices are close to levels last seen in October-November 2018 when international oil prices had spiked close to $80 per barrel. In October 2018, petrol price in Mumbai had crossed Rs 90-mark and in Delhi, it was around Rs 83 per litre.

Comparatively, on Monday, Brent crude, the international benchmark for crude oil prices, fell 2.3 percent to $37.84 a barrel over concerns of subdued demand for fuel as new coronavirus infections were reported in China and the US.

The present spike in fuel prices in India could be attributed to the fact that central and state governments, along with oil marketing companies are looking to make up for their loss in revenues due to the lockdown.

Last month, the central government had increased the excise duty on per litre of petrol by Rs 10 and per litre of diesel by Rs 13. Several state governments have also hiked their VAT or cess on fuel in the last month. In fact, now around 70 percent of the retail price of fuel is just some form of tax.

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News Network
January 18,2020

Kanpur, Jan 18: Kanpur has witnessed an Unnao-like incident as the out on bail accused in rape case attack the family members of the victim. The mother of the victim, who later died in the hospital, was brutally attacked by the accused. The accused reportedly attacked the victim's mother and her aunt on January 8.

The actual rape case goes back to 2018 when a group of men abducted a minor girl from her own society. The accused had reportedly raped her and also beaten up her mother.

A video of mother being beaten up reportedly went viral soon after.

The mother of the victim had reportedly filed a complaint against one of the accused for abducting and molesting her daughter two years ago at a tannery falling under jurisdiction of Chakeri police station. The main accused along with five others was booked under section 354 of the IPC (sexual assault of children) and sent to jail. Around two weeks ago, the accused got bail and on January 9 they attacked the deceased and her sister.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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