President urges people to vote during LS polls

Agencies
January 25, 2019

New Delhi, Jan 25: With Lok Sabha elections round the corner, President Ram Nath Kovind on Friday gave a clarion call to people to perform the "sacred act" of voting, emphasising this year's polls should be seen as a "once-in-a-century moment" that will shape the India of the remainder of the 21st century.

Observing that an election is not just a political exercise, Kovind said it is a collective call to wisdom and a collective call to action, adding the ideas and idealism of our democracy will come into force to elect the 17th Lok Sabha.

In his customary address to the nation on the eve of the 70th Republic Day, the President said development of the country cannot be completed without a salute to the "spirit of inclusiveness and pluralism which rests on a "tripod of diversity, democracy and development".

"This country belongs to each of us and to all of us – every group and every community, every region and every identity. It belongs to every citizen and every individual. India's pluralism is its greatest strength and its greatest example to the world.

"The 'Indian model' rests on a tripod of diversity, democracy and development. We cannot choose one above the other; we must have all three and we will have all three," he said in the address that was telecast and broadcast across the country.

Referring to the general elections that are due before June, the President said it will be the first when voters born in the 21st century will contribute to electing a new Lok Sabha.

The election represents the diverse and singular urges of the people and the Republic of India, he said.

"This makes the very act of voting a sacred act. Please perform this act. Who the voter chooses to vote for is up to him or her, I would only request all eligible voters to go out and vote.

"Our country is at a key juncture. In some respects this is as critical and formative a period as the late 1940s and early 1950s. Decisions and actions of today will shape the India of the remainder of the 21st century. As such, this is not just a once-in-a-generation moment – it is a once-in-a-century moment," he said.

The President said this election, in which the ideas and idealism of democracy will come into full force, is only a milestone in the journey towards fulfilling the aspirations of the people and building a developed India.

While appreciating the role of successive generations in nation building, the President reminded the people that "our voyage is far from complete."

"There are still waters to cover, still gaps to fill and still tears to wipe."

"We have to recalibrate our yardstick of achievement and success – from quantity to quality; from a literate society to a knowledge society; from a nation that has room for all segments and all communities to a family that invokes, encourages and celebrates the uniqueness and potential in each person – each daughter and each son," he said.

He said the ideals of Mahatma Gandhi of all people living in perfect harmony are a constant reminder while building the nation.

In an apparent reference to the 10 per cent quota for economically weaker sections in the general category, he said "the recent constitutional amendment to provide special facilities for talented children from poorer families is another step to an India of our dreams – and of Gandhiji's dreams."

The President also advocated the need for engaging in conversation with groups who have been historically disadvantaged.

"Partnerships are enhanced by open communication, honest conversation and unstinted compassion...This is also true with sections or groups that have been historically disadvantaged and whose grievances must continue to be heard and addressed. It is important to create avenues for such conversations, even if they are inconvenient.

"In a society experiencing rapid change, we must be prepared for such conversations. And similarly, we must be alive to the need for compassion – to those less privileged than us and to the differently-abled, for example," he said.

The President stressed that the vision of India's Republic was to reach democratic goals by democratic means, pluralistic goals by pluralistic means, enlightened goals by enlightened means, inclusive goals by inclusive means, compassionate goals by compassionate means – and constitutional goals by constitutional means.

"May those principles always illuminate our path! After all, 'We, the People …' gave ourselves this Constitution and 'We, the People …' are the custodians and upholders of its principles," he said.

He said the best indicator of social change in India is changing towards gender equity and towards providing equal opportunities, under conditions of equality, to every girl child and every woman.

"...Young women in our country are moving ahead in every field - from academics to the creative arts, from sports to the armed forces. There is no stopping and no hesitation in this process. It is the route to India’s future," he added.

Kovind said this year also marks 150th birthday anniversary of Gandhi ji which will be followed by the 70th anniversary of the adoption of the Constitution. "In his (Bhimrao Ambedkar), honour and in our Constitution's honour, the nation will celebrate Constitution Day this year in an appropriate manner," he said.

The President said the country was at the doorstep of eliminating extreme poverty for the first time in memory and several people friendly programmes including equitable healthcare have begun to be rolled out.

Road, water, rail and air connectivity has improved. "India has been united and integrated – now it is being networked," he said.

Comments

Wellwisher
 - 
Saturday, 26 Jan 2019

Happy Republic Day

 

Long Live India

 

No  doubt this time polling turnout wI'll come with new record.Peace lovIng patriot Indians will reject criminal force and their political leader's. 

 

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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News Network
January 20,2020

Langkawi, Jan 20: Malaysia will not take retaliatory trade action against India over its boycott of palm oil purchases amid a political row between the two countries, Prime Minister Mahathir Mohamad said on Monday.

India, the world’s largest edible oil buyer, this month effectively halted imports from its largest supplier and the world’s second-biggest producer in response to comments from Mahathir attacking India’s domestic policies.

“We are too small to take retaliatory action,” Mahathir told reporters in Langkawi, a resort island off the western coast of Malaysia. “We have to find ways and means to overcome that,” he added.

The 94-year-old premier of Muslim-majority Malaysia has criticised New Delhi’s new religion-based citizenship law and also accused India of invading the disputed region of Kashmir.

Mahathir again criticised India’s citizenship law on Monday, saying he believed it was “grossly unfair”.

India has been Malaysia’s largest palm oil market for the past five years, presenting the Southeast Asian country with a major challenge in finding new buyers for its palm oil.

Benchmark Malaysian palm futures fell nearly 10% last week, their biggest weekly decline in more than 11 years.

New Delhi is also unhappy with Malaysia’s refusal to revoke permanent resident status for controversial Indian Islamic preacher Zakir Naik, who has lived in Malaysia for about three years and faces charges of money laundering and hate speech in India.

Mahathir said even if the Indian government guarantees a fair trial, Naik faces the real threat of vigilante action and that Malaysia will only relocate the preacher if it can find a third country where he would be safe.

“If we can find a place for him, we will send him out.”

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News Network
January 14,2020

New Delhi, Jan 14: The curative petitions of Vinay Sharma and Mukesh, who were sentenced to death in the Nirbhaya gang rape and murder case, was on Tuesday rejected by a five-judge Supreme Court Bench led by Justice N.V. Ramana.

In a three-page order, the Bench concluded, after an in chamber consideration that began about 1.45 p.m., that there was no merit in their pleas to spare them from the gallows.

“We have gone through the curative petitions and relevant documents. In our opinion, no case is made out within the parameters indicated in the decision of this Court in Rupa Ashok Hurra versus Ashok Hurra. Hence, the curative petitions are dismissed,” the court held.

Curative is a rare remedy devised by a Constitution Bench of the Supreme Court in its judgment in the Rupa Ashok Hurra case in 2002. A party can take only two limited grounds in a curative petition - one, he was not heard by the court before the adverse judgment was passed, and two, the judge was biased. A curative plea, which follows the dismissal of review petition, is the last legal avenue open for convicts in the Supreme Court. Sharma was the first among the four convicts to file a curative.

The Bench also rejected their pleas to stay the execution of their death sentence and for oral hearing in open court.

Besides Justice Ramana, the Bench comprised Arun Mishra, Rohinton Nariman, R. Banumathi and Ashok Bhushan.

Curative petitions were filed in the Supreme Court by both convicts on January 9. The petitions had come just days after a Delhi sessions court schedulled the execution of all the four convicts in Tihar jail on January 22.

Sharma and Mukesh, in separate curative petitions, argued that there was a “sea change” in the death penalty jurisprudence since their convictions. Carrying out the death sentence on such changed circumstances would be a “gross miscarriage of justice”.

In his plea, Sharma said the Court had commuted the death penalty in several rape and murder cases since 2017, when it first confirmed the death penalty to the Nirbhaya convicts.

“fter the pronouncement of judgment in 2017, there have been as many as 17 cases involving rape and murder in which various three-judge Benches of the Supreme Court have commuted the sentence of death,” the petition contended.

The Supreme Court recently dismissed a review petition filed by Akshay Singh, another of the four four condemned men, to review its May 5, 2017 judgment confirming the death penalty. It also refused his plea to grant him three weeks' time to file a mercy petition before the President of India.

A Bench led by Justice R. Banumathi had said it was open for the Nirbhaya case convicts to avail whatever time the law prescribes for the purpose of filing a mercy plea.

Akshay (33), Mukesh (30), Pawan Gupta (23) and Sharma (24) had brutally gang-raped a 23-year-old paramedical student in a moving bus on the intervening night of December 16-17, 2012. She died of her injuries a few days later.

The case shocked the nation and led to the tightening of anti-rape laws. Rape, especially gang rape, is now a capital crime.

One of the accused in the case, Ram Singh, allegedly committed suicide in the Tihar jail. A juvenile, who was among the accused, was convicted by a juvenile justice board. He was released from a reformation home after serving a three-year term.

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