Previous govts hated development, says PM Modi

Agencies
September 22, 2017

Varanasi, Sept 22: Prime Minister Narendra Modi on Friday lashed out at previous governments, saying they seemed to hate development and “looted” public money to win elections.

Starting his two-day visit to Varanasi, Mr. Modi gifted schemes worth Rs 1,000 crore to his Lok Sabha constituency.

“Development is solution to all our problems. Previous governments seemed to hate development and looted public money to win elections,” he said addressing a public meeting here.

The Prime Minister, who was speaking after inaugurating several development initiatives, said, “We not only launch but also complete projects.”

He targeted previous governments, saying they were driven by political calculations, resulting in schemes being inaugurated but never seeing completion.

‘Empowering the poor’

Asserting that his government’s effort was to empower the poor, he said, “Our aim is to see that the dream of development is fulfilled and lives of poor changes and they get opportunities.”

Mr. Modi said even the poor people do not want their future generations to eke out a living like themselves. “No poor person wants to give their children their poverty in inheritance,” he said.

He said his government shares their dream and is working to realise it. “Our government has a dream to wipe out poverty,” he said.

He inaugurated the Deendayal Hastkala Sankul — a trade facilitation centre for handicrafts and crafts museum — constructed at a cost of ₹ 300 crore.

Referring to development projects for weavers, who constitute a major chunk of the population in the city, Mr. Modi said his government wants their works to be showcased globally so as to enhance their economic prospects.

“Our weavers need a global market which will enhance their economic prospects significantly,” he said.

At the Deendayal Hastkala Sankul, Mr. Modi evinced keen interest in the wooden and glass products on display and talked to the rural artisans to encourage them.

Flags off Mahamana Express

The Prime Minister said his government has started initiatives to connect waterways for economic develoment.

He also flagged off, via a video link, the Mahamana Express train to connect Varanasi with Vadodara and Surat in Gujarat, his home state.

Mr. Modi inaugurated banking services of the Utkarsh Bank and unveiled a plaque to mark the laying of foundation stone of the headquarters building of the Bank.

The Utkarsh Bank specializes in micro-finance.

The Prime Minister dedicated a Jal Ambulance (water amublance) service and a ‘Jal Shav Vahan’ service (water—based vehicle service for ferrying bodies) to the people of Varanasi, through a video link.

On the first day of his two-day tour, he is scheduled to visit the historic Tulsi Manas Temple, where he will release a postal stamp on “Ramayana.” He will also visit the Durga Mata Temple in the pilgim city.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 23,2020

Patna, Jan 23: "They should go wherever they want," Bihar Chief Minister and JDU supremo Nitish Kumar said on Thursday when asked of Prashant Kishor and Pavan Verma's repeated questions about the party's stand's on the newly enacted Citizenship Act.

"It is their personal decision. They should go wherever they want. We don't have an objection. Don't look at JDU in the context of statements by some people. JDU works with determination. We have a clear stand and don't have any confusion," the Chief Minister told reporters here.

"If they have something to tell, they should come and discuss it within the party. They should go wherever they want. They have my good wishes," he said.

JDU spokesperson and national general secretary Pavan Verma has questioned his party's alliance with the BJP in Delhi Assembly polls while Kishor has more than once made his differences with the party known on the issue of the amended Citizenship Act, and National Register of Citizens.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 7,2020

Jan 7: A Delhi Court today issued death warrant against four convicts in the 2012 Nirbhaya gang-rape and murder case. The hanging will take place on January 22 at 7 am.

During the hearing, the prosecution said there was no application pending before any court or the President right now by any of the convicts and the review petition of all the convicts was dismissed by the Supreme Court.

On Monday, the court had reserved order on issuing of death warrants against four death row convicts.

Today's order comes days after mother of the victim in the 2012 Delhi gang-rape and murder case moved the Supreme Court on opposing the plea filed by one of the four death-row convicts seeking review of its 2017 judgement awarding him death penalty.

The apex court had on July 9 last year dismissed the review pleas filed by the other three convicts — Mukesh (30), Pawan Gupta (23) and Vinay Sharma (24) — in the case, saying no grounds have been made out by them for review of the 2017 verdict.

The 23-year-old girl was gangraped and murdered by six men on a moving bus on 16 December 2012. The main accused, Ram Singh, allegedly committed suicide in Tihar Jail during the trial. Another accused was a minor at the time of the commission of the crime and was sent to a reform facility and released after three years.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.