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Pranab Da, you have been a father figure: Modi to former prez

Agencies
August 3, 2017

New Delhi, Aug 3: “Pranab Da, you have always been a father figure and a mentor to me," an emotional Prime Minister Narendra Modi wrote in a letter to Pranab Mukherjee on his last day as president.

The letter, which spells out the bond between the two leaders who come from different political ideologies, was shared by the former president on Twitter today.

"On my last day in office as the President, I received a letter from PM @narendramodi that touched my heart! Sharing with you all," Mukherjee said in a tweet.

Modi responded by saying, "Pranab Da, I will always cherish working with you."

In the letter made public by Mukherjee, the prime minister said he had come to New Delhi three years ago as an outsider.

"The task before me was huge and challenging. In these times, you have always been a father figure and a mentor to me. Your wisdom, guidance and personal warmth have given me greater confidence and strength," he said.

Modi said Mukherjee's "intellectual prowess" had been of constant help.

"You have been so warm, affectionate and caring to me. Your one phone call asking me 'I hope you are taking care of your health' was enough to fill me with fresh energy, after a long day at meetings or on a campaign tour," he said in the letter dated July 24.

Mukherjee stepped down from office the next day.

"Pranab Da, our political journeys took shape in different political parties. Our ideologies, at times, have been different. Our experiences are also varied. My administrative experience was from my state, whereas you have seen the expanse of our national polity and politics for decades.

"Yet, such is the strength of your intellect and wisdom that we were able to work together with synergy," Modi said.

The BJP leader praised the Congress veteran and former president for opening the Rashtrapati Bhavan to initiatives and programmes that recognised innovation and the talent of India's youth.

"You belong to a generation of leaders for whom politics was simply a means to selflessly give back to society. You stand as a great source of inspiration for the people of India. India will always be proud of you, a President who was a humble public servant and an exceptional leader. Your legacy will continue to guide us," Modi said.

The prime minister said he and all others would continue to draw strength from Mukherjee's democratic vision of "taking everybody along".

"Rashtrapati Ji, it has been an honour to work with you, as your Prime Minister," Modi said. 
 

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March 27,2020

Mumbai, Mar 27: The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.

The Reserve Bank of India (RBI) cut repo to 4.4 per cent, the lowest in at least 15 years. Also, it reduced the cash reserve ratio maintained by the banks for the first time in over seven years. CRR for all banks was cut by 100 basis points to release Rs 1.37 lakh crore across banking system.

The reverse repo rate was cut by 90 bps to 4 per cent, creating an asymmetrical corridor.

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune.

It all depends how India responds to the situation, he said.

Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.

Aggregate demand may weaken and ease core inflation further, he noted.

The liquidity measures announced include auction of targeted long-term repo operation of 3 year tenor for total amount of Rs 1 lakh crore at floating rate and accommodation under Marginal Standing Facility to be increased from 2 per cent to 3 per cent of Statutory Liquidity Ratio (SLR) with immediate effect till June 30.

Combined, these three measures will make available a total Rs 3,74,000 crore to the country's financial system.

After cutting policy rates five times in 2019, the RBI had been on a pause since December in view of high inflation.

The measures announced come a day after the government unveiled a Rs 1.7 lakh crore package of free foodgrains and cash doles to the poor to deal with the economic impact of the unprecedented 21-day nationwide lockdown.

While the Monetary Policy Committee (MPC) of the RBI originally was slated to meet in the first week of April, it was advanced by a week to meet the challenge of coronavirus.

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Agencies
August 6,2020

The Indian Defence Ministry, which had in its document that China intruded into the Indian territory in eastern Ladakh in early May, on August 6 took down the page which it had uploaded on its website.

According to a report by news channel NDTV, the ministry, in its document, had said the Chinese aggression has been "increasing along the Line of Actual Control (LAC) and more particularly in Galwan valley since May 5."

"The Chinese side has transgressed in the areas of Kungrang Nala, Gogra and north bank of Pangong Tso Lake on May 17-18," the document, titled 'Chinese Aggression on LAC' stated.

The document revealed that "... a violent face-off incident took place between the two sides on June 15, resulting in casualties on both sides."

After the clash, a second corps commander level meeting took place on June 22 to discuss the modalities of de-escalation. "While engagement and dialogue at military and diplomatic level is continuing to arrive at mutually acceptable consensus, the present standoff is likely to be prolonged," it said.

A defence ministry spokesperson told the news channel that the document "did not go through him".

The opposition Congress, meanwhile, asked the government why the report was taken down with party leader Rahul Gandhi alleging that removal of the document from websites would not change facts.

"Forget standing up to China, India's PM lacks the courage even to name them. Denying China is in our territory and removing documents from websites won't change the facts," Gandhi tweeted.

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News Network
June 15,2020

Palghar, Jun 15: A 22-year-old man who got married three days ago tested positive for novel coronavirus on Monday leading to the bride and 63 others who attended the function being quarantined in Palghar district in Maharashtra, an official said.

Jawhar Tehsildar Santosh Shinde said the man is a laboratory assistant.

"He got tested before marriage and the report had returned negative. However, his samples tested positive after marriage. The bride and 63 others who attended the ceremony have been quarantined," he said.

Palghar currently has 1,911 COVID-19 cases and 61 people have died of the infection so far.

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