Rahul attacks Modi on land bill, says 56-inch chest will be reduced to 5.6

July 17, 2015

Jaipur, Jul 17: Sharpening his attack on Prime Minister Narendra Modi over the land bill, Congress leader Rahul Gandhi today said farmers will reduce his "56-inch chest" to "5.6 inches" in six months and not an inch of land will be ceded.

rahul-gandhiHe also took on the Vasundhara Raje government over her links with Lalit Modi, charging the Rajasthan government was being run by the ex-IPL boss' remote in London.

The Congress Vice President's remarks come at a time when the government is planning to bring the contentious land bill in the Monsoon session of Parliament beginning next week.

Addressing party workers here, Rahul vowed not to allow passage of the Land bill in Parliament even though Modi government has thrice issued ordinances to this effect.

"First time such a government has come which is helping the opposition. Whenever they get an opportunity, government is helping the Congress. On farmers' issue, they have issued an ordinance thrice. We will not allow the land bill to be passed in Parliament, you will see. Not a single inch of land will be given.

"This 56-inch chest will turn into 5.6 inches in six months. And who will turn this into 5.6 inches, it is the Congress party, people of the country, the farmers and the labourers, you will see," Rahul said, taking a jibe at the Prime Minister's remark of "56-inch chest" made at the time of the Lok Sabha campaign.

The Congress Vice President also compared the Raje government with the British government in the pre-Independence era when the "remote" of the government was in London.

"The way that government's remote was in London, the same way the remote control of this government is in London. He presses the button there and here she (Vasundhara Raje) jumps," he alleged.

Accusing the Chief Minister of helping a "fugitive" who had amassed black money, he said, "She broke the Indian laws by helping a wanted fugitive, a corrupt man who made black money".

"Here it is not a Vasundhara government, but a Lalit Modi government. Everyone in Rajasthan knows, this is not a BJP government or a Vasundhara government, it is Lalit Modi government here," he charged.

Rahul also accused the Prime Minister of making empty promises ahead of elections and now turning the other way by remaining silent on corruption.

Hitting out at the Prime Minister for talking of giving Rs 15 lakh to account holders by bringing in black money stashed abroad, the Congress Vice President said, "He (Lalit Modi) is sitting in London with lakhs of crores. Bring him back and remove his government here and install a people's government instead."

Taking a jibe at his promise of not doing corruption or allowing it, Rahul said, "Please fulfil that promise and bring Lalit Modi back and remove his government in Rajasthan".

Rahul, who wrapped up his two-day visit to Rajasthan, where he also undertook a 10-km 'padayatra' and interacted with farmers, said, "In earlier times, those who ruled over India had given their powers to London. The same way, your Chief Minister has signed an authority in England and said I want to help an absconder but Indian people should not know.

"In her earlier term as Chief Minister, they did business together and Lalit Modi invested money in her son's hotel, which I am told is a government property," Rahul charged.

Citing the film 'Lagaan', he said, "The characters in the film got united against the British officers who had their remote control in London. Similarly, Raje government's remote control was in the hands of Lalit Modi in London."

The Congress leader also attacked the BJP governments in various states by saying, "Here it is the Lalit Modi government, in Madhya Pradesh it is a Vyapam government, in Maharashtra it is a Munde government and in Chhattisgarh it is a 'dhaan' government. And the Prime Minister with a 56-inch chest is not uttering a single word."

He also lashed out at the Rajasthan government for closing down schools and hospitals, alleging that as many as 17,000 schools had been shut by the Raje government.

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News Network
June 10,2020

New Delhi, Jun 10: Delhi recorded 1,366 fresh cases of COVID-19 on Tuesday, taking the tally to 31,309, while the death toll mounted to 905, authorities said on Wednesday.

According to a health bulletin issued by the Delhi government's health department, there are 18,543 active cases, while 11,861 patients have either recovered, been discharged or migrated.

No health bulletin was issued on Tuesday.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

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