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Rahul, Left leaders back JNU students' protest

February 14, 2016

New Delhi, Feb 14: The protest against the arrest of Jawaharlal Nehru University (JNU) Students’ Union president Kanhaiya Kumar on charges of sedition turned into a political battle on Saturday.

rahul

Congress vice-president Rahul Gandhi’s visit to the campus in the evening along with some party colleagues, including Deputy Leader of the Opposition in the Rajya Sabha Anand Sharma, charged the already tense atmosphere in the campus.

Rahul was welcomed by some “members and supporters” of Akhil Bharatiya Vidyarthi Parishad (ABVP) with black flags.

Left party leaders, including CPM general-secretary Sitaram Yechury and CPI leader D Raja, were also present which triggered counter protests by ABVP members.

Delhi Chief Minister Arvind Kejriwal chose to highlight allegations that ABVP was behind the anti-India slogans against hanging of 2001 Parliament attack convict Afzal Guru. The chief minister has ordered a magisterial enquiry.

Earlier, seven students were taken into preventive custody. They were taken to Parliament Street police station and were released later in the evening.

Though the protest, held outside Indira Gandhi National Centre for the Arts, was thwarted, there were other protests during the day on the university campus.After Kumar’s arrest, students and some teachers have been holding protests demanding to know why students are being treated like “terrorists” and were being arrested from the campus.
Upset by the arrest and heavy police presence on the campus, the professors have also expressed concern over the “threat to democratic ethos”.

“JNU has always been a university where there has been a vibrant culture. Excessive police action is uncalled for and has worsened the situation,” the professors said in a statement.

The police, too, wrote a letter to vice-chancellor Jagadesh Kumar asking the University to produce five students who were involved in “anti-national” activities and told the varsity authorities to alert them if such activities take place in future.

Some former Army officers have also threatened to return their JNU degrees saying that they find it difficult to be associated with a university which has become a hub of anti-national activities.

Comments

Abu Muhammad
 - 
Sunday, 14 Feb 2016

Anti-Indian slogan should be condemned and punished. At the same time hoisting Pakistani flag by Sanghparivar, celebrating Gandhiji's murder, installing killers Godse statue & worship, disrespect to constitution, Arms training to Sanghparivar goons, waging war against secular India by openly declaring it as Hindu Rashtra, honouring assassins of Indira Gandhi, Sanghparivars open support and allegiance to British during Freedom struggle - ARE ALL THESE -ACTS OF PATRIOTISM? or 100% ANTI-NATIONAL?

NationalismBef…
 - 
Sunday, 14 Feb 2016

Exposes true face of Rahul G and Left leaders, shame on them for supporting students raising anti-India slogans.

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Agencies
July 21,2020

New Delhi, Jul 21: The Supreme Court has asked the Ministry of Finance to look into a plea which claimed a loss of hundreds of crore every day, as the public sector banks are not invoking personal guarantees of big corporates who have defaulted on loans.

A bench comprising Justice R. F. Nariman and Navin Sinha asked the petitioners, Saurabh Jain and Rahul Sharma, who filed the PIL, to move the Finance Ministry with a representation within two weeks. The top court observed that the issue is important and the ministry should respond after the petitioner has made the representation before it. The matter had come up for hearing on Monday.

"We are of the view that at page 115 of the Writ Petition it has been made clear that the Ministry of Finance itself has, by a Circular, directed personal guarantees issued by promoters/managerial personnel to be invoked. According to the petitioners, despite this Circular, Public Sector Undertakings continue not to invoke such guarantees resulting in huge loss not only to the public exchequer but also to the common man", said the bench in its order.

Senior advocate Manan Mishra and advocate Durga Dutt, represented the petitioners.

Mishra contended before the bench that the statistics establish the public sector banks incurred a loss of approximately Rs 1.85 lakh crore in a financial year, and the banks did not take action to invoke personal guarantees of the biggest corporate defaulters.

The bench observed that since the petitioners claim the public sector undertakings are not complying with this circular, "We think you should first go to the ministry," said the bench.

Mishra argued before the bench that the loans from a common man are recovered through a mechanism where officials go through even the minutest detail, but promoters, chairpersons and other senior level functionaries of the big corporates find it convenient to get away by defaulting on loans.

The bench told the petitioner's counsel that the Finance Ministry has already issued a notification on this matter, and the petitioners should seek response from the ministry, and then move the top court. Mishra submitted before the bench to issue a direction to the Finance Ministry to give a response on their representation.

The bench said, "We allow the petitioners, at this stage, to withdraw this Writ Petition and approach the Ministry of Finance with a representation in this behalf. The representation will be made within a period of two weeks from today. The Ministry of Finance is directed to reply to the said representation within a period of four weeks after receiving such representation. With these observations, the petition is allowed to be withdrawn to do the needful."

Mishra contended before the bench seeking liberty to come back after a reply from the Finance Ministry. Justice Nariman said this option is open for petitioners after a decision has been taken by the ministry. "We will hear you", added Justice Nariman.

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Agencies
August 6,2020

Mumbai, Aug 6: Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy.

"It is also important to convince both domestic and international investors that after the crisis associated with the pandemic is over, we will return to fiscal responsibility over the medium term, and the government should do more to convince them of that," Rajan told the Global Markets Forum.

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery.

The government has announced several initiatives to help the poor and small- and medium-size businesses, but actual cash outgo from the government's measures has been estimated at just about 1% of GDP.

Several attribute the fiscal prudence to fear of a downgrade after Moody's cut India's rating and outlook in early June followed closely by a change in outlook from Fitch.

The central bank on its part too has reduced the key lending rate by 115 basis points on top of the 135 bps last year and is widely expected to cut rates by another 25 bps later on Thursday.

"The RBI and government have certainly been cooperating, but it seems like it is elsewhere, the ball is in the government's court to do more," Rajan said.

He said the RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones.

"And I think that's where it has to focus its attentions, because resources, as you well know, are limited in India today."

Recently analysts, however, have cited the growing possibility the RBI may prefer to pause and cut rates only at its October meeting.

Government officials too have suggested the possibility of any more fiscal stimulus being announced, would only come in the second half of the fiscal year, once a recovery has taken root and coronavirus cases have peaked.

"What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus," Rajan said.

"And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy".

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News Network
January 7,2020

New Delhi, Jan 7: A fringe right-wing group calling itself the Hindu Raksha Dal has purportedly taken responsibility for the attack on students of Jawaharlal Nehru University (JNU) in a video posted on social media.

The video, which was posted on social media on Monday and has gone viral since then, shows a man identifying himself as Pinki Chaudhary saying that those who resort  to “anti-national activities” will be treated in the same way that JNU students and faculty were.

He later told news channels that others involved in "anti-national activities" would face similar attacks.

There was no immediate reaction from the police on Chaudhury's claims.

“For several years, JNU has been a bastion of communists and we will not tolerate it. Hindu Raksha Dal, Bhupendra Tomar, Pinki Chaudhury take the responsibility of what has happened in JNU...all of them were our volunteers. Those who cannot do such work for Mother India don't have the right to live in this country,” Chaudhary is seen saying in the video.

“We are always ready to sacrifice our lives for Mother India. We will not tolerate anyone who speaks against the religion,” he added.

Efforts to reach the man were unsuccessful: his phone was switched off.

More than 35 students were injured Sunday when a masked mob went on the rampage, attacking students and professors and vandalising property. The JNUSU has accused the RSS-affiliated ABVP volunteers of attacking the students.

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