PM Modi unveils word's tallest Statue of Unity in honour of Patel, flays 'political prism'

Agencies
October 31, 2018

Kevadiya, Oct 31: Prime Minister Narendra Modi on Wednesday dedicated to the nation the much- awaited 182-metre high Statue of Unity in honour of coutry's first Home Minister Sardar Vallabhbhai Patel.

Mr Modi urged critics not to dismiss his government's efforts to pay tributes to icons like Patel with 'political prism'. 

Paying rich tributes to Sardar Patel, the Prime Minister said the towering statue will serve as a reminder about the courage and firm political commitment of a man who brought in unity among all princely states in 1947 and later and thwarted efforts to disintegrate India.

Built on Sadhu Bet Island on Narmada river, the imposing statue is twice as high as the 93-metre Statue of Liberty in New York and surpasses the China's Spring Temple Buddha by about 29 metres. 

He lashed out at those skeptics and political detractors who try to see his government's efforts to show due respect to great sons of India such as Sardar Vallabhbhai Patel with 'political prism'.

"At times, they give an impression as if by remembering the contributions of great sons of India like Sardar Patel is an offence. Is it an offence?," Mr Modi said. 

The remarks from the Prime Minister came even as critics and a section of citizens on social network and micro blogging site Twitter have tried to suggest that showing tributes to the legacy of Patel was akin to election gimmick.

Three Indian Air Force planes flew past the Patel figure and created the tricolour in the sky on the occasion graced among others by Gujarat Governor O P Kohli, Chief Minister Vijay Rupani, BJP chief Amit Shah, Madhya Pradesh Governor Anandiben Patel and Karnataka Governor Vajubhai Vala.

The grand ceremony coincided with Patel's 143rd birth anniversary. Originally, the concept of such a grand statue was conceptualised by Mr Modi in 2010 during his stint as the Gujarat Chief Minister.

"It is in fitness of things that Sardar Patel's birthday today is being celebrated as Ekta Diwas in the country," Mr Modi said.

He said it goes to the visionary statesmanship of Sardar Patel that the fundamental right is today inherent part of India's democracy.

Approximately 70,000 tonnes of cement in addition to 18,500 tonnes of reinforcement steel and 6000 tonnes of structural steel have been used to build the statue - also billed as an architectural wonder.

"Had Sardar Patel not united the country, we would need visas to see lions in Gujarat or pay homage at Somnath or view the Charminar in Hyderabad," Mr Modi said, lauding the stellar role played by Sardar Patel in integrating the princely states after the partition of 1947.

PM Modi described the Statue of Unity as a symbol of the country's engineering and technical capabilities. He also took part in a 'pooja' on the occasion.

He also recorded appreciation of the erstwhile rulers of the princely states and said their 'sacrifice' and decision to merge with Indian union was no less.

A viewing gallery has been created at a height of 135 metres at the venue to enable tourists to have a view of the dam and nearby mountain ranges.

This Statue will boost tourism and help local tribals get a regular source of income, Mr Modi said.

The world's largest statue is also a symbol of 'New India' as being envisioned by his government, Mr Modi said.

"This statue is recognition of contribution of tribals and farmers who contributed iron pieces and their sincerity for the unique statue," the Prime Minister said.

"When I proposed this Statue on October 31, 2010, I wanted that the man deserves his due place in Indian history," the Prime Minister said. 

"There were skeptics who thought India's diversity will be a weakness. Sardar Patel proved the prophets of doom wrong. During the time of such skepticism, it was Sardar Patel who stood as a symbol of unity," the Prime Minister said.

Sardar Patel had the unique synthesis of 'Kautiyla's diplomacy and Shivaji's bravery', Mr Modi said.

Comments

Anti-modi
 - 
Thursday, 1 Nov 2018

when you vote for a man who always lie then your futur will be in danger, the day will come to india that they will be all poor people and all political people are rich and dont think thast they will develop hindu people, you are the most effected people in india not muslim or cristian.

 

 

softman
 - 
Wednesday, 31 Oct 2018

Use this money for poor in the name Sardar Patel.

 

Foolish decision to spend for statue

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News Network
January 18,2020

Jan 18: Days after the arrest of Deputy SP Davinder Singh along with two Hizbul Mujahideen terrorists, Shiv Sena on Saturday questioned the role of police in the Kashmir Valley.

"Cross border infiltration is ongoing in Kashmir. But the police machinery is being used to help the terrorists in Kashmir to safely cross the border (to Pakistan) and a President's medal awarded Deputy SP was arrested for doing so. In Kashmir (it seems), the government is using the police for some other purposes, what will the country's Home Ministry say if somebody has a doubt in connection with the Pulwama attacks," Sena mouthpiece, Saamna, read.

This was in reference to the incident in which Jammu and Kashmir police intercepted a vehicle on Sunday and arrested DySP Davinder Singh along with two top Hizbul Mujahideen terrorists, who were travelling together.

The Sena mouthpiece asserted that the impact and acceptance of the Centre removing Article 370 should be visible "through the people" during the upcoming Republic Day celebrations.

"Jammu and Kashmir is now a Union Territory. It is being ruled by the Centre through President's Rule. The government had removed Article 370 in a historic decision...The joy and excitement in the people over the removal of 370 should be visible in the Republic Day celebrations this time. The tricolour should be seen flying over all houses in Kashmir, it is the least that can be expected," it added.

The Sena mouthpiece further said that with the arrest of terrorists in the recent days, it hoped that "Republic Day will be celebrated safely in Delhi, Jammu and Kashmir".

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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Agencies
January 9,2020

The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the next year.

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by a growth of only 4.5 per cent in the July-September quarter, according to the 2020 Global Economic Prospects report released on Wednesday.

"In India, [economic] activity was constrained by insufficient credit availability, as well as by subdued private consumption," the Bank said.

The growth rate is forecast by the Bank to pick up to 5.8 per cent in the next fiscal year and to 6.1 per cent in 2021-22.

India's growth rate was 6.8 per cent in 2018-19.

The 5 per cent growth rate projection for the current financial year is a sharp cut of 2.5 per cent from the 7.5 per cent forecast made by the Bank in January last year, toppling it from the rank of the world's fastest growing economy.

India's performance follows a global trend of lowered growth weighed down by developed economies.

The report estimated world economic growth rate to be only 2.4 per cent last year and forecast it to edge up 0.1 per cent to 2.5 per cent in the current year.

Even with the lower growth rate of 5 per cent in the current fiscal year and 5.8 per cent forecast for the next, India holds the second rank among large economies, behind only China with an estimated growth rate of 6.1 per cent for 2019 and 5.9 per cent this year.

The report blamed "weak confidence, liquidity issues in the financial sector" and "weakness in credit from non-bank financial companies" for India's slowdown.

The Bank predicated India's recovery to 5.8 per cent in the coming financial year for India but "on the monetary policy stance remaining accommodative" and the assumption that "the stimulative fiscal and structural measures already taken will begin to pay off."

It also warned that sharper-than-expected slowdown in major external markets such as United States and Europe, would affect South Asia through trade, financial, and confidence channels, especially for countries with strong trade links to these economies."

The Bank said that the growth of advanced economies was 1.6 per cent last year and "is anticipated to slip to 1.4 per cent in 2020 in part due to continued softness in manufacturing."

In contrast the growth of emerging market and developing countries is expected to accelerate from 3.5 per cent last year to 4.1 per cent this year, the report said.

In South Asia, Bangladesh is estimated to have the highest growth rate of 7.2 per cent in the current fiscal year, although down from 8.1 per cent last fiscal year.

But its higher regional growth rates are coming off a lower base with a per capital gross domestic product of $1,698 compared to $2,010 for India.

Bangladesh is expected to grow by 7.3 per cent in the next financial year.

Pakistan's growth rate is estimated at only 2.4 per cent in the current fiscal year and is projected to rise to 3 per cent in the next, according to the Bank.

The Bank blamed monetary tightening in Pakistan for a sharp deceleration in fixed investment and a considerable softening in private consumption for the fall in growth rate from 3.3 per cent in the 2018-19 fiscal year.

Sri Lanka's growth rate was estimated to be 2.7 per cent last year and forecast to grow to 3.3 per cent this year.

Nepal grew by an estimated 6.4 per cent in the current fiscal year and will rise to 6.5 per cent in the next.

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