Rahul slams BJP over corruption, communalism

April 6, 2014

Sirsa (Haryana), Apr 6: Congress vice president Rahul Gandhi on Sunday launched a scathing attack on opposition BJP over its “double-standard” attitude towards corruption and attempt to “divide the society on communal lines”.

Rahul_slamsAddressing an election rally in Sirsa on Sunday afternoon, Mr. Gandhi, referring to re-induction of tainted former Karnataka Chief Minister B.S. Yeddyurappa into BJP, said the opposition leaders rake up the corruption issue in states other than those ruled by themselves.

“They (BJP leaders) go to Karnataka and give big speeches there. They bring Yeddyurappa, who was the Karnataka Chief Minister and remained in jail, to stage and then say they are against corruption...,” Mr. Gandhi said while canvassing for party state unit president and candidate from Sirsa Lok Sabha seat Ashok Tanwar.

“...then they go to Chhatisgarh where mining mafia rules and say we are against corruption, but they cannot see their own Chief Minister and ministers there. Then they go to Madhya Pradesh and say we are against corruption, then cannot see their corruption. Then they go to Gujarat where three cabinet ministers spent jail term, but they cannot see corruption there... Rest of the places they see corruption,” he said.

Mr. Gandhi said unlike the BJP his party took action against corrupt politicians. “Wherever we see corruption, we take action,” he said.

The Congress vice president then targeted BJP for trying to divide the people on religious lines.

He alleged that BJP’s “divisive” policy was responsible for spoiling the country’s secular fabric, while stressing that Congress’s ideology was to unite the people irrespective of caste, creed and religion.

Mr. Gandhi said wherever they (BJP leaders) go, they breed hatred among people of different religions.

“Yeh aapko aapas mein ladate hain, Hindu ko Muslim se ladayange (They make you fight each other, pit Hindus against Muslims),” he said, and referred to the attack of BJP ally Shiv Sena activists in Mumbai on migrant workers from Uttar Pradesh and Bihar.

“We take everybody along, be it Sikhs, Hindu or Christians or Muslims... This is our politics. We do not play politics of hatred or politics of division, we play politics of love because we know nation grows when everybody is taken along,” he said.

Taking a dig at the hype over ‘Gujarat model’, Mr. Gandhi said it is just a “gas-filled balloon” which will burst after the Lok Sabha elections.

He said the BJP had floated ‘Shining India’ balloon in the 2004 elections which it lost and after it lost in the 2009 elections too, the party’s managers wanted to come up with something new.

“They have come with a new balloon. Earlier they used to fill it with air, this time they have filled it with gas. Name of the balloon this time is ‘Gujarat model’,” Mr. Gandhi said.

In the elections, Dalits, youths, labourers and weaker sections of the society will go and press the button, and the balloon which has been raised through marketing will burst.

Then the BJP leaders will rue how they had spent so much only to hear loud burst of the balloon, he said.

He also took up issue of Sikh farmers in Kutch region and criticised the Gujarat government led by Narendra Modi, BJP’s prime ministerial candidate.

“They were crying, they told me they had been working for the last several years, but the Gujarat government threw them out and told them they are outsiders... In Karnataka, they beat women. For us nobody is an outsider, all are insiders for us,” he said.

Dismissing Mr. Modi’s ‘Gujarat model’, Mr. Gandhi said each state should have its own model.

“Haryana has set an example how a state is run and it does not need any Gujarat model. Haryana needs only Haryana model. Every state has its own model... Congress party respects every state. We respect Haryana because we know you can run your state. Here you do not need Gujarat model. Let Gujarat model be run in Gujarat,” he said, adding Haryana was ahead on many fronts including wheat and milk production, besides making the country proud in the field of sports.

He also slams the opposition for failing to come out with an election manifesto so far. The Congress had spoken to about 5 lakh people in its bid to find out what the country wanted and then drafted its manifesto.

“But the BJP while indulging in big talks had not come out with its manifesto even when the polling of the first phase was only a day away,” Gandhi said.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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Agencies
July 8,2020

New Delhi, Jul 8: India has reported a spike of 22,752 COVID-19 cases in the last 24 hours, taking the country's coronavirus tally to 7,42,417 on Wednesday, informed the Union Ministry of Health and Family Welfare.

Out of the total cases reported, 4,56,830 patients have been cured/discharged from the disease while one patient has been migrated, the Health Ministry informed.

It added that there are 2,64,944 active cases in the country.

482 deaths reported in the last 24 hours due to COVID-19 in the country, taking India's death toll to 20,642.

According to the Union Health Ministry, Maharashtra continues to be the worst affected state reporting 2,17,121 coronavirus cases and 9,250 fatalities.

Tamil Nadu -- the second worst-affected state from COVID-19 -- has a total of 1,18,594 cases and 1,636 deaths due to coronavirus.

While Delhi has a total of 1,02,831 COVID-19 cases including 3,165 deaths.

The Indian Council of Medical Research on Wednesday informed that a total of 1,04,73,771 samples tested for COVID-19 up to July 7. Of these, 2,62,679 samples were tested on Tuesday.

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News Network
March 25,2020

New Delhi, Mar 25: The total number of confirmed coronavirus cases in India rose to 562, according to the Ministry of Health and Family Welfare on Wednesday.
This includes 512 active cases, while 40 infected people have already been cured or discharged.
The Union Health Ministry said that total deaths due to the disease now stand at 9, as the second death reported in Delhi is COVID-19 negative. One patient has also migrated due to the infection.
The Central government has taken several steps to contain the rapid spread of the virus including the screening 15,24,266 passengers at the airports.
Prime Minister Narendra Modi had on Tuesday announced a 21-day lockdown in the entire country effective from midnight to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
In a televised address to the nation, Prime Minister Modi said that it is vital to break the chain of the disease and experts have said that at least 21 days are needed for it.
The Prime Minister, who had also addressed the nation last week, said the lockdown has drawn a "Lakshman Rekha" in every home and people should stay indoors for their own protection and for that of their families. 

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