Rahul picks holes in PM's 'Kerala dear to me' remark

Agencies
June 9, 2019

Thiruvambady, Jun 9: Congress president Rahul Gandhi on Sunday sought to dismiss Prime Minister Narendra Modi's assertion that Kerala was as dear to him as Varanasi, alleging that the PM was meting out stepmotherly treatment to non-BJP-ruled states and he did not expect any cooperation from him.

In his speech, thanking the voters of the Wayanad Lok Sabha constituency for electing him, Gandhi claimed that the ruling Bharatiya Janata Party (BJP) was blinded by "hatred and anger" and viewed those not following the Rashtriya Swayamsevak Sangh (RSS) ideology as not Indians while vowing to fight it.

He was addressing a gathering at Engapuzha near here, a tiny town in Kozhikode district and part of his Lok Sabha constituency, after a roadshow on the third and final day of his thanksgiving visit to Wayanad.

"The prime minister considers BJP-ruled states and non-BJP ruled states differently. I know, he will never consider Kerala the way he considers Uttar Pradesh because the CPI(M) is ruling here," he said, referring to Modi's speech at Guruvayur in Kerala on Saturday.

After offering prayers at the famous Krishna temple in Guruvayur, Modi had said the BJP was not working for mere electoral politics and that it was keen on building the country and ensuring that India got its place of pride in the international arena.

"Elections have their place in democracy and it is the responsibility of the winner to take care of the 130 crore people. Those who made us win or those who did not, both are our (people). Kerala is as dear to me as Varanasi," he had said, referring to his Lok Sabha constituency in Uttar Pradesh.

The Congress chief, however, said he was not expecting any cooperation from the prime minister and the BJP-led central government for the development of Wayanad and Kerala.

Referring to his Saturday meeting with the CPI(M) MLA from Kalpeta, which falls under the Wayanad Lok Sabha constituency, Gandhi said there might be "ideological differences" (between the Congress and the Left), but those would be set aside and both parties would work together for the development of Wayanad.

But, such cooperation was not coming from the prime minister and the BJP, he charged.

"Because they are blinded by hatred and anger...because either you follow the ideology of the RSS or you are not an Indian.... We will fight that and I promise you that we will not be ruled by Nagpur (where the RSS is based)," Gandhi said.

As in the last two days, hundreds of party workers and locals, including women and children, greeted Gandhi during the roadshow at Engapuzha in the morning.

Several people in the crowd were seen wearing T-shirts with slogans such as "Rahul we need you" and "Rahul pada" (army).

Before leaving for New Delhi in the afternoon, Gandhi would take out one more roadshow at Mukkam, near here.

This is the All India Congress Committee (AICC) president's first visit to Wayanad after his thumping poll victory with a margin of about 4.31 lakh votes. The Congress-led United Democratic Front (UDF) swept the parliamentary election in Kerala, winning 19 of its 20 seats.

Besides Wayanad, Gandhi had also contested the polls from his pocket borough of Amethi in Uttar Pradesh. He lost the Amethi poll battle to Union minister Smriti Irani.

After arriving in Kerala on June 7, the Congress chief took out massive roadshows in various parts of his high-range constituency, which spreads over three districts -- Wayanad, Malappuram and Kozhikode.

He accepted memorandums and complaints from people and spent time listening to the grievances of representatives of tribals and farmers at the Wayanad district collectorate on Saturday.

During his roadshows, Gandhi lashed out at Modi and assured the people that he would raise the issues of not only Wayanad but of entire Kerala in Parliament.

Reviving his attack on Modi after the polls, he alleged that the prime minister's election campaign was filled with "lies, poison and hatred", while his party stood for "truth, love and affection".

Gandhi's visit to Kerala came days after he offered to resign as the Congress president in view of the party's dismal showing in the second consecutive general election. But the offer was rejected by the Congress Working Committee, the highest decision-making body of the party.

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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News Network
February 10,2020

Hyderabad, Feb 10: All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi continued his tirade against PM Modi and Amit Shah against Citizenship Amendment Act (CAA), National Population Register (NPR) and National Register of Citizens (NRC). "We are ready to take bullets in our chests but we will not show our papers.

We are ready to take bullets in our chests as we love our country," Owaisi said further.

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News Network
June 24,2020

Geneva, Jun 24: The global cumulative count of confirmed coronavirus cases is approaching nine million, with 133,326 cases recorded over the past day, the World Health Organisation (WHO) said in its daily situation report on Tuesday.

Over the past 24 hours, 3,847 people died from COVID-19 worldwide, taking the cumulative death toll to 469,587 fatalities, according to the report.

The global case total has now reached 8,993,659.

The Americas still account for the majority of cases and deaths -- 4.4 million and 224,207, respectively.

The United States remains the country with the highest count of cases and fatalities -- 2.3 million and 119,761, respectively.

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