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
June 3,2020

Jun 3: Emphasising that airlines are clearly the safest mode of transportation, IndiGo CEO Ronojoy Dutta on Tuesday said there is no evidence yet of coronavirus infection getting transmitted among passengers onboard an aeroplane.

His comments against the backdrop of instances of some passengers, who had taken flights after resumption of domestic air services on May 25, testing positive for coronavirus.

"Those people had the virus before they got on to the aeroplane. What is noteworthy is that they have done the tracing after that. There is no evidence of transmission onboard there... that is a very encouraging sign on the safety of airline travel," he said during an earnings call.

According to him, airlines are clearly the safest mode of transportation and there is no evidence yet of contamination on an aircraft.

"You can come in contaminated but so far there is no evidence of passing it on to a fellow passenger," he noted.

Amid concerns over the coronavirus pandemic, aviation regulator DGCA has asked airlines to ensure that to the extent possible, middle seat in flights should be kept empty.

In this regard, Dutta said the airline would keep the middle seat empty wherever it can and "where we have to fill the middle seat, we will have the extra protective gown".

To a query about possible hedging of fuel prices, he said it would be a dumb idea and that airlines adjust to ups and downs in fuel prices.

"I can't overemphasise what a dumb idea it will be for an airline to hedge fuel prices. I looked at it from different angles and it is not a good idea... we looked at hedging and we talked about it at the board level and we said no," he noted.

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News Network
March 20,2020

New Delhi, Mar 20: The coronavirus pandemic will leave behind a global recession with small businesses, self-employed and daily wagers taking the worst hit, Mahindra Group Chairman Anand Mahindra said on thursday.

"The virus will eventually be conquered, but it will have left behind a global recession. The costs of that are incalculably high at this time. The most fearsome toll will be on small businesses, the self-employed & those whose lives depend on meagre daily wages," Mahindra said in a tweet.

Apart from the toll on lives, the legacy of Covid-19 may well be deaths due to stress, loss of livelihoods, a rise in homelessness and in extreme situations, civil unrest, he added.

"The only global experience that has lessons for us in the current situation is the last world war. In the aftermath of WW2, the US came up with the Marshall plan to revive Europe, effectively a giant fiscal pump-priming," Mahindra said.

In the US, the government dramatically dismantled regulations and opened up the economy to trade and these actions led to a boom-cycle that stretched to 1975, he added.

"This time, there will be no victors, only the vanquished. So every country will have to create its own post ‘virus war” marshall plan & take care of those in society who are hit the hardest. Perhaps we too can build the foundations of a sustained global growth cycle," Mahindra said.

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News Network
January 3,2020

New Delhi, Jan 3: The National Payments Corporation of India (NPCI) on Thursday said the homegrown payments technology RuPay will offer 40 per cent cashback for its international card users for transactions in select countries.

Indians travelling to the UAE, Singapore, Sri Lanka, the UK, the US, Spain, Switzerland and Thailand will be able to earn up to Rs 16,000 cashback per month by getting their RuPay International Card activated, the NPCI said in a release.

With RuPay International cards --JCB, Discover and Diners Club--customers using multiple cards can earn more cashbacks under the 'RuPay Travel Tales' campaign.

To avail the cashback benefit, customers will have to do a minimum transaction of Rs 1000 and the maximum cashback is capped at Rs 4,000 for a single transaction.

The offer can be availed by customers using RuPay International Card four times a month that can give them a chance of earning up to Rs 16,000 as cashback.

Praveena Rai, COO, NPCI said, "We always aim to create an end-to-end value proposition for RuPay International cardholders to make their overseas travel experience seamless and memorable. The campaign is not only providing an exciting platform for travelers to earn cashbacks but also motivating them to migrate towards digital transactions nationally and globally".

Apart from earning cashbacks, RuPay International cardholders can access to RuPay affiliated domestic/international airport lounges.

They also can avail attractive offers on booking international fights and hotels in association with Thomas Cook and Make My Trip, the release said.

RuPay has a partnership with Discover Financial Services (DFS) and Japan based JCB International, allowing RuPay users the access to across 190 countries.

As on date, there are over 1,100 banks live on RuPay platform including SBI, HDFC Bank, Axis bank, among others.

RuPay card base has crossed 600 million, half of which are in the mid and premium segments, NCPI said.

NPCI was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. An initiative of RBI and IBA under the provisions of the Payment and Settlement Systems Act, 2007, NPCI was initiated for creating a robust payment and settlement infrastructure in the country.

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