Owaisi hits out at PM Modi over ‘assumption based data’ on job creation

Agencies
August 12, 2018

New Delhi, Aug 12: All India Majlis-e-Ittehadul Muslimeen (AIMIM) president Asaduddin Owaisi on Sunday termed Prime Minister Narendra Modi's data on job creation in the country as "assumption based".

Speaking to ANI, Owaisi said that the Prime Minister and his government are well aware of the fact that they failed in their promise to provide jobs. "The government has failed to provide jobs to the youth, and they have to bear the consequences of the same in the upcoming elections," Owaisi further accused Prime Minister Modi of having failed to fulfill the promises made during the 2014 general elections.

Owaisi's remark came after Prime Minister Modi on Saturday dispelled the Opposition's allegations about lack of job growth, saying India is among the major economies of the world. In an exclusive interview to ANI, Prime Minister Modi said, "When the economy is growing at a faster pace, in fact, fastest among the major economies, how will the job market not expand?"

Prime Minister Modi had further added, "Employment generation is also evident from 45 lakh new Subscribers in the Employee Provident Fund and 5.68 lakh people joining the New Pension Scheme in the last nine months. All this has led to creation of more than one crore jobs, only in the last year. Thus, the campaign that jobs have not been created must come to a halt now. People are not going to buy it anymore."

On the Prime Minister's statement on Assam's National Register of Citizens (NRC) draft, Owaisi asserted that "The BJP president refers to people as intruders, and the Prime Minister said that no Indian citizen will be made to leave the country over the NRC list. Their only motive is to create hatred."

Communist Party of India (CPI) leader D Raja criticised the Prime Minister on his statement on mob lynching where he said that the Opposition should not politicise the matter and ensure that the society remained integrated. The CPI leader while speaking to ANI said that instead of preaching, the Prime Minister should take some action in this regard.

"If Prime minister is really concerned about mob lynching he should ask the state government to take action on the same. This is not the time to listen to the preaching of the prime minister; we want him to act,' Raja said.

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Agencies
May 22,2020

Riyadh, May 22: The family of murdered Saudi journalist Jamal Khashoggi on Friday said that they forgave his killers. Washington Post journalist Jamal Khashoggi, who had written columns critical of Saudi Arabia, was brutally killed in October 2018, allegedly at the behest of Crown Prince Mohammad bin Salman.

“In this blessed night of the blessed month [of Ramadan] we remember God’s saying: If a person forgives and makes reconciliation, his reward is due from Allah,” Jamal Khashoggi’s son Salah Khashoggi said in a tweet. “Therefore, we the sons of the Martyr Jamal Khashoggi announce that we pardon those who killed our father, seeking reward [from] God almighty.”

The legal outcome of this announcement is not yet clear. Earlier, Salah Khashoggi said he had “full confidence” in the judicial system, and that the accused were trying to exploit the case.

Jamal Khashoggi’s body was said to have been dismembered inside the Saudi consulate in Istanbul and disposed of elsewhere, but his remains were never found.

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News Network
January 10,2020

New Delhi, Jan 10: An IPS officer's thumb was bitten by a woman protester when he was pushing back agitators, who were trying to march towards the Rashtrapati Bhawan here on Thursday, police sources said.

The protesters had gathered after a call was given by JNU Students' Union president Aishe Ghosh to march towards President's House to demand the removal of University's Vice Chancellor, M Jagadesh Kumar.

Ingit Pratap Singh, a 2011 batch officer, who is currently posted as the additional deputy commissioner of the southwest district, was injured in the attack.

According to sources, Singh was trying to pull a male protester when the woman, in a bid to shield her friend, bit Singh's left thumb.

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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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