Rahul Gandhi blames party trio of placing sons before party; Priyanka Gandhi says he fought alone

Agencies
May 27, 2019

May 27: Amid rumblings within the party after a disastrous performance in the Lok Sabha polls, Congress chief is said to have accused three senior leaders of placing their respective sons above the party while his sister Priyanka Gandhi Vadra has alleged the entire top-brass left him alone to fight it out against Prime Minister Narendra Modi, party sources said.

Narrating inside details of the crucial Congress Working Committee (CWC) meeting, which was held on May 25 to assess the party's poll rout, the party leaders said Rahul Gandhi did a lot of 'plain-speaking' in his surgical analysis of the role of several party leaders while himself offering to quit as the party president.

He also said he does not want any other member of the Gandhi family to succeed him, virtually ruling out Priyanka as well for the top party position.

Party sources said the top leadership is working out possible strategies for its future course of action, even as there are rumblings within the Congress over the turn of events at the CWC meeting.

The meeting was held in the backdrop of the Congress winning just 52 Lok Sabha seats and drawing a nought in 18 states and Union Territories. Gandhi himself lost from the family bastion of Amethi in Uttar Pradesh, though he won from Wayanad in Kerala.

Stating that Priyanka lost her cool more than once during the four-hour long CWC deliberations, a party leader present there said the AICC General Secretary in charge of Eastern Uttar Pradesh said, "All those responsible for the party's defeat are sitting in this room".

When some party leaders were trying to convince Rahul Gandhi to take back his resignation, which he had offered taking moral responsibility for the Congress debacle, Priyanka is learnt to have intervened saying, "Where were you when my brother was fighting all by himself and alone?"

Priyanka sat through the meeting, looking visible anguished, and interjected twice at least, while saying on one occasion, "No one supported Congress President in taking forward the narrative of Rafale and 'chowkidar chor hai'."

Rahul Gandhi, who left the meeting abruptly and was adamant there on not continuing as the Congress president, also ticked off three senior party leaders -- former union minister P Chidambaram, Madhya Pradesh Chief Minister Kamal Nath and Rajasthan CM Ashok Gehlot -- saying they placed their sons before party interests.

Chidambaram's son Karti and Nath's son Nakul managed to win the Lok Sabha elections from their respective seats, but Gehlot's son Vaibhav lost.

CWC sources said that when former Guna MP Jyotiraditya Scindia urged Gandhi to strengthen the state leaderships of the party, the party president quipped looking at Chidambaram, saying that "Mr Chidambaram threatened to resign if a ticket was denied to his son."

About Kamal Nath who was absent from the CWC meeting, Gandhi said, "Mr Nath said how could he be CM if his son was not fielded."

Taunting Gehlot the Congress Chief said the Rajasthan CM spent seven days campaigning for his son in Jodhpur neglecting the rest of the state.

Gandhi is learnt to have voiced his disappointment at the state of affairs in the party when he said to the CWC why can't anyone else be Congress Chief.

Sources said Priyanka also urged her brother not to resign saying it would be like "falling into BJP's trap".

Rahul Gandhi also expressed his displeasure at not being supported in the Rafale campaign and is said to have asked the party leaders present in the meeting how many of them backed him in building the corruption narrative against Prime Minister Modi.

When some leaders raised their hands to say that they spoke about Rafale, Gandhi is said to have dismissed them.

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 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)

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
May 21,2020

New Delhi, May 21: Prime Minister Narendra Modi on Thursday paid tributes to Rajiv Gandhi on his death anniversary.

Former prime minister Gandhi was assassinated on this day in 1991 in Tamil Nadu's Sriperumbudur by a suicide bomber during an election campaign.
 
"On his death anniversary, tributes to former PM Shri Rajiv Gandhi," Modi tweeted.

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 2,2020

Tezpur (Assam), Mar 2: Seven boys, who had appeared for their class 10 board examinations, were apprehended on Sunday for allegedly raping and killing a 12-year-old girl in Assam's Biswanath district, police said.

The girl was hanged from a tree after the crime.

The incident happened on Friday in Chakla village under the jurisdiction of Gohpur police station, they said.

A senior police officer told PTI that the culprits, all of them High School Leaving Certificate (HSLC) examinees, were on the run, but were nabbed by a police team.

The accused after the examination had called the victim to a house on the pretext of organising a party and raped her, the officer said.

It is suspected that the girl was raped on Friday night and then hanged from a tree in a forest near the house, the senior police officer said.

The body was found on Saturday.

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.