Power centralisation in PMO behind poor economy: Sena

News Network
December 10, 2019

Mumbai, Dec 10: The Shiv Sena on Tuesday said centralisation of power in the Prime Minister's Office (PMO) was one of the main reasons for the "poor" economic health of the country.

The central government wants the finance minister and RBI Governor under its control, an editorial in Sena mouthpiece 'Saamana' claimed, adding that the present BJP-led dispensation is not ready to listen to economists as it considers the economy as a "share market gamble".

It supported concerns raised by former RBI governor Raghuram Rajan, who recently said India is in the midst of a "growth recession" with signs of deep malaise in the economy that is being run through extreme centralisation of power in the PMO and powerless ministers.

India's economic growth slowed to a six-year low of 4.5 per cent in the July-September quarter. With inflation rising, fears of stagflation -- a fall in aggregate demand accompanied by rising inflation -- have resurfaced.

The Shiv Sena said former prime ministers Jawaharlal Nehru and Indira Gandhi cannot be held responsible for the country's present economic situation.

"Centralisation of power in PMO and powerless ministers - this situation is not good for the economy," the Marathi publication said.

"The present government is not ready to listen to economists as it considers the economy like a 'share bazaar satta'. What is Nirmala Sitharaman's contribution as finance minister - 'I don't eat onion, you also do the same'," the Uddhav Thackeray-led party said in taunting remarks.

The government wants the finance minister, RBI governor, finance secretary and Niti Aayog Chairman under its control, it claimed, adding that this is the main reason for the country's "poor" economic health.

The economy is "paralysed" and former RBI governor Raghuram Rajan's "diagnosis" is absolutely correct.

"The government is not ready to accept the economic slowdown. When the onion prices touch Rs 200 per kg, the finance minister says 'I don't eat garlic, onion, so don't ask me'," it quipped.

The Sena said Prime Minister Narendra Modi was "not trying" to improve the situation. "When he was the chief minister of Gujarat, he had expressed concern over the rising onion prices," it noted. The Sena said that PM Modi had said onion is an essential commodity and it has become so costly that it will have to be "kept in lockers".

"The situation has changed and Modi is now the prime minister and the economy is in a 'crisis'. An unconscious person is brought back to senses by being made to smell onion, but this is not possible now since onions have disappeared from markets," it said in sarcastic comments.

The Sena also blamed decisions like demonetisation and "unnecessary focus" on projects such as the bullet train for the current economic situation.

"Whatever Pandit Nehru and his colleagues earned for the country, this government is selling it off," it said, apparently referring to the proposed sale of public sector undertakings like the BPCL and Air India.

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dead indian
 - 
Tuesday, 10 Dec 2019

Vote for hindu rastra and eat sand and mud this is the aukaat of you people..all the best for futur

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Agencies
July 2,2020

Lucknow, Jul 2: Senior BJP leader Uma Bharti Thursday appeared in person before a special court here conducting trial in the 1992 Babri mosque demolition case.      

The special CBI court is currently recording the statements of 32 accused under CrPC section 313 (court's power to examine the accused), a stage in the trial that follows the examination of prosecution witnesses.

The 61-year-old saffron clad BJP leader is the 19th accused to depose before the court in the over 27-year-old case. Thirteen other alleged accused, including former deputy prime minister LK Advani and senior BJP leaders MM Joshi and Kalyan Singh are yet to be examined at this stage. Their lawyers have indicated to the CBI court that they prefer to appear through video conferencing. 

The mosque in Ayodhya was demolished in December 1992 by 'kar sevaks' who claimed that an ancient Ram temple had stood on the same site. The CBI court is conducting day-to-day hearings to complete the trial by August 31, as directed by the Supreme Court.

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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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News Network
April 30,2020

Mumbai, Apr 30: Rishi Kapoor, the romantic star of many a Bollywood film who was diagnosed with leukemia in 2018, died in a Mumbai hospital on Thursday, his brother Randhir Kapoor said. He was 67.

Rishi, a third generation actor of the famous Kapoor dynasty, is survived by his wife Neetu Kapoor, actor son Ranbir and daughter Ridhima.

"He is no more. He has passed away," Randhir said.

Rishi was taken to the H N Reliance hospital by his family on Wednesday.

His death comes a day after after his "D-Day" co-star Irrfan Khan passed away, also of cancer. Three months ago, the disease claimed his sister Ritu Nanda.

"Our dear Rishi Kapoor passed away peacefully at 8:45am IST in hospital today after a two-year battle with leukemia. The doctors and medical staff at the hospital said he kept them entertained to the last.

He remained jovial and determined to live to the fullest right through two years of treatment across two continents. Family, friends, food and films remained his focus and everyone who met him during this time was amazed at how he did not let his illness get the better of him, the family said in a statement.

Rishi returned to India last September after undergoing treatment for his cancer in the US for almost a year.

In February, he was hospitalised twice.

He was first admitted to a hospital in Delhi where he was attending a family function. At the time, he had said he was suffering from an "infection".

After his return to Mumbai, he was again admitted to a hospital with viral fever. He was discharged soon after.

Rishi made his first screen appearance as a child artiste in his father Raj Kapoor's film Shri 420 , where he appeared in the song Pyaar hua ekraar hua . This was followed by "Mera Naam Joker". But it was in 1973, with the blockbuster Bobby , again directed by his father, that he made his debut as a romantic hero. He continued to be a favourite romantic hero for almost three decades.

His notable films as a romantic hero are "Laila Majnu", "Rafoo Chakkar", "Karz", "Chandni", "Heena" and "Saagar".

He was, however, more proud of his second innings as an actor, which he found more satisfying. His notable films as a character artiste are "Do Dooni Chaar" with wife Neetu, "Agnipath" and "Kapoor & Sons".

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