PM Should Remove Withdrawal Limit for PMC Bank Depositors: Congress

Agencies
October 17, 2019

New Delhi, Oct 17: The Congress party on Wednesday challenged Prime Minister Narendra Modi to show "courage" and announce the removal of cap on withdrawal of money by depositors of scam-hit Punjab and Maharashtra Co-operative (PMC) Bank.

Otherwise, it said, he should stop giving challenges to other parties on "non-issues".

The statement from Congress spokesperson Akhilesh Pratap Singh came at a press conference in New Delhi and appeared a response to Prime Minister Modi's repeated dare to the opposition party to declare it will reverse his government's decision to nullify Article 370 if it is voted to power.

"We, the Congress party, challenge you that...if you have the courage, you should announce that the account holders of the PMC Bank - just like before - would be able to withdraw the money and update their account," Mr Singh said.

"It is their (depositors) money. They can utilise it. Modiji should accept this challenge. If you have the courage, then you must accept this challenge and within 24 hours you should make an announcement that PMC Bank account holders can use their accounts just like before," he said.

The Congress spokesperson said his party will congratulate PM Modi "if you can get it done otherwise stop giving challenges on non-issues".

"You have got the public's mandate. You have got the responsibility. The one who gets the responsibility is the one who is held accountable...It not the opposition who has to answer questions. You should stop asking questions and start answering questions."

Following the discovery of an over Rs. 4,000-crore scam at PMC Bank, which has deposits of over Rs. 11,000 crore, the Reserve Bank of India last month appointed an administrator and capped withdrawals at Rs. 1,000.

A day later on September 25, the RBI increased the withdrawal limit to Rs. 10,000 and on October 3, this limit was increased to Rs. 25,000. And now it has been hiked to Rs. 40,000.

On Wednesday, the Supreme Court agreed to hear on October 18 a plea seeking seeking directions for interim measures to safeguard the money of customers blocked in the bank.

The top court agreed to hear the plea amid three deaths linked to the crisis in the bank.

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News Network
May 9,2020

May 9: Union Home Minister Amit Shah has said the West Bengal government is not allowing trains with migrant workers to reach the state that may further create hardship for the labourers.

In a letter to West Bengal Chief Minister Mamata Banerjee, Shah said not allowing trains to reach West Bengal is "injustice" to the migrant workers from the state.

Referring to the 'Shramik Special' trains being run by the central government to facilitate transport of migrant workers from different parts of the country to various destinations, the home minister said in the letter that the Centre has facilitated more than two lakh migrants workers to reach home.

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.

"But we are not getting expected support from the West Bengal. The state government of West Bengal is not allowing the trains reaching to West Bengal. This is injustice with West Bengal migrant labourers. This will create further hardship for them," Shah wrote.

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News Network
June 1,2020

New Delhi, Jun 1: India's COVID-19 tally on Monday witnessed its highest-ever spike of 8,392 cases, while 230 more deaths related to the infection were also reported in the last 24 hours, according to the Union Ministry of Health and Family Welfare (MoHFW).

The total number of coronavirus cases in the country now stands at 1,90,535 including 93,322 active cases, 91,819 cured/discharged/migrated and 5,394 deaths.

COVID-19 cases in Maharashtra continue to soar with the number reaching 67,655. Tamil Nadu's coronavirus count stands at 22,333 while cases in Delhi the number has reached 19,844

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News Network
February 9,2020

Feb 9: The Electronic Voting Machines (EVMs) used in Delhi Assembly polls are kept under tight security, in the 'Strong Room' located at Atal Adarsh Bengali Balika Vidyalaya in Gol Market.

Voting for Delhi Assembly elections took place on Saturday with voters turnout well short of the 2015 election mark.

Counting of the votes will be on February 11.

Earlier, Deputy Election Commissioner Sudip Jain had said the Delhi elections took place peacefully and smoothly.

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