PM Narendra Modi warns of 'surgical strikes' against black money, corruption

October 23, 2016

Vadodara, Oct 23: Using the analogy of surgical strikes, Prime Minister Narendra Modi on Saturday wondered what would have happened if the government had adopted similar strategy in the recent campaign against blackmoney, which unearthed Rs 65,000 crores.

modi copy"We gave some time to those who had generated black money (to declare it). You will be happy to know that Rs 65,000 crore in black money came into mainstream with payment of tax and penalty.

"Now think, Rs 36,000 crore that was leaking has been stopped (by direct benefit transfer), and Rs 65,000 crore of black money is unearthed, together it is Rs one lakh crore.

"And this Rs one lakh crore has been brought back without launching surgical strikes," Modi said, invoking the term used for recent operation by Army against terror launch pads in Pakistan-occupied-Kashmir.

"If we do surgical strikes (in this area), you can imagine what all will come out," the Prime Minister said.

Modi said he has put up a sustained fight against corruption since he took charge.

"Against corruption, without much publicity I have put up a sustained fight. Government's assistance (now) goes directly in the bank accounts of beneficiaries, cutting out middlemen.

"Just by ensuring that right person gets the benefit and wrong person cannot take it, we have saved Rs 36,000 crore, which used to leak in the form of (subsidies for) gas cylinders, scholarship, pension," Modi said.

Modi, speaking at a camp to distribute 'assistive devices' to over 8,000 `Divyangs' (disabled persons) here, also criticised past governments for not doing enough for the disabled.

After distributing aid devices to the disabled, the Prime

Minister said, "Knowingly or unknowingly, this country has remained insensitive towards the Divyangs.

"The government buildings only had facility for healthy persons. We launched Sugamya Bharat mission, so that government buildings, hospitals, platforms are built in such a way that they have access facility for the Divyangs."

Previous governments did not do enough in this field, he said.

"Governments in the past had also worked in this direction. But you will be shocked to know that since 1992, when work started in this direction, till 2014, only 56 such camps (for distributing assistive devices) for Divyangs were organised. After this government came, 4,500 such programmes were held," Modi said.

"So far, 5.50 lakh Divyangs from across the country have been provided direct benefit.

"In the central government, I came to know that 16,500 posts for Divyangs were vacant. I told my Ministers to fill up these vacant posts. I can say with satisfaction that 14,500 such posts have been filled up," Modi said.

The Prime Minister also said his government had started work for having `common sign language', as at present different sign languages are used in different parts of the country.

Referring to the country's economic growth, he said India was a bright spot in the world.

"Today in the entire world, one thing about this country is being praised. The world says that India is the fastest growing economy in the world. Be it World Bank, IMF or credit-rating agencies, the entire world says in one voice that India is developing very fast.

"Solution to all problems lies in development. Only through development can illiteracy, disease, poverty be removed," Modi said.

"Remember the days of 2014, or 2013, what were the headlines? They did this much (corruption) in coal, so much in spectrum. Since the time you gave me the responsibility, in two and a half years the news is (about) doing good for Divyangs, India's progress in world economy and development," Modi said.

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Mohan
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Sunday, 23 Oct 2016

Gareebi Lavo, India Ko Dubavo is the hidden slogan of this PM

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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News Network
April 30,2020

Bengaluru, Apr 30: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Favipiravir, manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and approved for use as an anti-flu drug in the Asian island country in 2014, has been effective, with no obvious side-effects, in helping coronavirus patients recover, a Chinese official told reporters at a news conference last month.

"After having successfully developed the API and the formulations ... Glenmark is all geared to immediately begin clinical trials on favipiravir on COVID-19 patients in India," Sushrut Kulkarni, executive vice-president for Global R&D, Glenmark Pharmaceuticals, said in a statement. 

The Drug Controller General of India, the country's drug regulator, did not immediately respond to Reuters request for comment.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialized favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT.

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News Network
March 21,2020

New Delhi, Mar 21: Novel coronavirus cases in India rose to 258 on Saturday after 35 fresh cases were reported in various parts of the country, according to the Health Ministry.

Among the 258 are 39 foreign nationals, including 17 from Italy, three from the Philippines, two from the UK, one each belonging to Canada, Indonesia and Singapore.

The total figure also includes four deaths reported from Delhi, Karnataka, Punjab and Maharashtra.

"The total number of active COVID-19 cases across India stands at 231 so far," the ministry said, adding that 23 others have been cured/discharged/migrated while four have died.

Delhi has, so far, reported 26 positive cases, which include one foreigner, while Uttar Pradesh has recorded 24 cases, including one foreigner.

Maharashtra has 52 cases, including three foreigners, while Kerala has recorded 40 cases, which include seven foreign nationals.

Karnataka has 15 coronavirus patients. The number of cases in Ladakh rose to 13 and Jammu & Kashmir four. Telangana has reported 19 cases, which include 11 foreigners.

Rajasthan has also reported 17 cases, including two foreigners. Gujarat has reported seven cases so far.

Tamil Nadu, Andhra Pradesh and Uttarakhand have reported three cases each.

West Bengal, Odisha and Punjab each reported two cases while Puducherry, Chhattisgarh and Chandigarh reported one case each.

In Haryana, there are 17 cases, which include 14 foreigners.

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