Raj Thackeray Calls For "Modi-Mukt Bharat" By 2019

Agencies
March 19, 2018

Mumbai, Mar 19:  Launching a scathing attack on the BJP-led NDA government, Maharashtra Navnirman Sena (MNS) chief Raj Thackeray today called for opposition unity and a "Modi-mukt Bharat" by 2019.

Addressing party workers at a rally at Shivaji Park in central Mumbai, Mr Thackeray said, "The country is fed up with the false promises made by Narendra Modi and his government."

All opposition parties should come together to get rid of the BJP-led NDA government to ensure "Modi-mukt Bharat", he said, reminding the audience of BJP's "Congress-mukt Bharat" slogan.

"India got its first Independence in 1947, second in 1977 (after the post-Emergency elections), and 2019 can bring a third Independence if India becomes 'Modi-mukt'," the MNS chief said.

If the Modi government was ousted and an inquiry is ordered into demonetisation, it may turn out to be the biggest scam ever since 1947, he said.

Quoting a report of ISRO, Mr Thackeray said, "A large scale desertification of Maharashtra is going on due to depletion of groundwater. After Rajasthan, our state has reported the second highest rate of desertification in country."

Saying this, he went on to question Chief Minister Devendra Fadnavis's claim of digging of 56,000 wells in the state.

He was in favour of building a Ram temple in Ayodhya, but it should not be used as an election issue, he said.

"The Babri Masjid demolition case is in the Supreme Court and it will be deliberately discussed in the coming days to instigate communal riots," he said.

"Ram Mandir should be built, but it should not be used as an election plank to divide the society and win votes," he said.

In a dig at PM Modi's foreign tours, Mr Thackeray said PM Modi was apparently visiting foreign countries to get "flour for Pakoda" as his tours haven't fetched any investments.

The MNS chief also said that films such as "Toilet Ek Prem Katha" and "Padman" were a covert propaganda for government schemes.

Bollywood actor Akshay Kumar, who starred in both the films, was trying to walk in the footsteps of yesteryear actor Manoj Kumar, popularly known as 'Bharat Kumar', he said.

"But Akshay Kumar is not even an Indian citizen. He holds a Canadian passport and his Wikipedia profile describes him as Indian-born Canadian actor," Mr Thackeray said.

Taking a potshot at chief minister Fadnavis, who recently featured in a video song about river conservation, the MNS chief said, "There are so many problems in the state, but apparently the CM is busy singing songs."

Mr Thackeray also questioned the government's decision to accord state funeral to Bollywood actor Sridevi after her death last month.

"Sridevi was a great actor, but what had she done for the country so that her body should have been wrapped in the tricolour?" he asked.

Media may have covered her funeral extensively at government's behest to divert people's attention from the Nirav Modi-Punjab National Bank scam, he said.

The government is trying to control media, judiciary and institutions like CBI, Mr Thackeray said, alleging that media is under tremendous pressure from the government.

Incidentally, Raj Thackeray had met Nationalist Congress Party (NCP) president Sharad Pawar on Saturday ahead of today's rally.

He, however, described the meeting at Mr Pawar's residence in south Mumbai as a courtesy call.

Comments

Mr Frank
 - 
Tuesday, 20 Mar 2018

It is really good idea to have india,modi muktha bharatha than congrss muktha bharatha, the least evil is better than big evil good luck raj thakrey.

Rosi Roshan
 - 
Monday, 19 Mar 2018

Wa Fantastic said by greatest speaker, Hindustan is not Maharastra, but Maharastra is one State out of many States, mind Raj Raja sabb, keep limitation to predict you might have very popular in that particular state!! too crazy to say 'MUKTA' might have in your state rest of the states you are Zero"s, simply in front of press reporter spaches is not suscess, you never ever have to become xxx mind it Raj Rajanna this is Hindustan, "Peanutts no value against Cashewnuts"

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News Network
April 21,2020

New Delhi, Apr 21: The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet.

With storage capacity already overflowing amid coronavirus-induced demand collapse, traders rushed to to get rid of unwanted stocks triggering the collapse of US West Texas Intermediate (WTI) crude for May delivery.

Indian Oil Corp (IOC) Chairman Sanjiv Singh said the collapse was triggered by traders unable to take deliveries of crude they had previously booked because of a demand collapse. And so they paid the seller to keep oil in their storage.

"If you look at June futures, it is trading in positive territory... around USD 20 per barrel," he said.

Low oil prices may seem good in short-term but in the long run it will hurt the oil economy as producers will have no surplus to invest in exploration and production which will lead to a drop in production, he said.

He did not comment on retail fuel prices that have been static since March 16.

Oil companies have not changed rates despite a fall in international prices as they first adjusted them against the increase that was warranted from a Rs 3 per litre hike in excise duty and close to Re 1 per litre additional cost of switching over to cleaner BS-VI grade fuel from April 1.

Petrol in Delhi is priced at Rs 69.59 a litre and diesel comes for Rs 62.29 per litre.

"The negative price has no direct impact on India or Indian oil prices, as this has taken place due to crude oil produced and traded within the US. India's prices are driven partly by another benchmark, the Brent, which is still trading at USD 25/barrel. Therefore, the retail price of fuels in India are unlikely to fall," said Amit Bhandari, Fellow, Energy and Environment Studies, Gateway House.

Also, Indian refineries are already overflowing as fuel demand has evaporated due to the unprecedented nationwide lockdown imposed to curb spread of COVID-19. So, they can't rush to buy US crude.

The refineries have already cut operating rate to half because the fuel they produce has not been sold yet.

India imports 4 million barrels/day (1.4 billion barrels/year) of oil. The country has been benefitting from the falling prices of oil for the last five years, when oil dropped from a peak of USD 110/barrel to USD 50-60/barrel last year, enabling India to invest in public service programmes.

"However, the additional USD 30 fall of this week is good for India - but there is also a downside. If oil prices are too low, the economies of oil-rich gulf countries will be hurt, threatening the job prospects of the 8 million Indians working in the Gulf countries. India is the largest recipient of foreign remittances due to these workers – very low oil prices will hurt this cash stream," Bhandari said.

He said the negative price of oil shows how much oil oversupply exists in international markets today. "Global oil consumption has fallen due to the COVID-19 pandemic that traders are willing to pay customers to get rid of the barrels they can't store. The world does not have enough storage capacity, and dumping the oil is an environmental crime."

The first half of April saw Brent crude oil prices plummet 63.6 per cent to USD 26.9 per barrel. Prices of Western Texas Intermediate (WTI), the American oil, had also fallen similarly by 63.1 per cent.

But on April 20, WTI prices turned rapidly negative because traders on the Nymex exchange rushed to offload their May futures positions a day before expiry of contracts (on April 21).

Such WTI futures are traded on the Nymex exchange with contracts settled in physical crude oil. Problem is, those who had gone long are unable to find storage facilities for the oil and had to liquidate their contracts before expiry. This caused the plunge in WTI prices.

Contrast to this, June WTI Nymex futures prices is hovering around USD 21, while Brent for June delivery is at USD 25.

Miren Lodha, Director, CRISIL Research said the demand for crude oil was declining already because of economic slowdown when the COVID-19 pandemic-driven lockdowns crushed it further.

Consequently, oil demand is expected to contract by 8-10 million barrels per day (mbpd) in 2020 assuming demand recovery begins from the third quarter of the year, he said, adding if recovery doesn't happen by then, further demand destruction could occur.

On the supply side, producers reining in output following a strategic deal between OPEC members, Russia and the US.

Under this agreement, OPEC+ would reduce oil production by 9.7 mbpd for May and June, but gradually ease the curb to 7.7 mbpd between July and December 2020, and to 5.8 mbpd till April 2022 to stabilise prices.

"This is expected to reduce some surplus in the market by the end of 2020," Lodha said.

Crude oil demand is expected to decline by over 20 mbpd in April alone. Typically, monthly global demand is about 100 mbpd. Given this scenario, supply curbs would have limited influence.

Consequently, Brent oil prices is expected to be in the USD 25-30 range for the second quarter while increasing marginally in the last 2 quarters of 2020.

"The gigantic inventory build-ups and lack of storage facilities would also put pressure on prices," he said, adding overall Brent could average USD 30-35 in 2020, with a strong downward bias.

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News Network
June 16,2020

New Delhi, Jun 16: Congress president Sonia Gandhi on Tuesday demanded a rollback of hike in fuel prices, saying the government's decision to increase the prices of petrol and diesel during the coronavirus crisis is "wholly insensitive" and "ill-advised".

The government is doing nothing short of "profiteering off its people" when they are down and out, she said in a letter to Prime Minister Narendra Modi.

Petrol and diesel prices were hiked for the 10th day in a row on Tuesday.

"I am deeply distressed that in these exceedingly difficult times since the beginning of March, the government has taken the wholly insensitive decision to increase petrol and diesel prices on no less than ten separate occasions," Gandhi said in her letter.

She accused the government of earning an additional revenue of nearly Rs 2.6 lakh crore through these "ill-advised" hikes in excise duty and increase in prices of petrol and diesel.

"I urge you to roll back these increases and pass on the benefit of low oil prices directly to the citizens of this country.

"If you wish for them to be 'self-reliant' then do not place financial fetters on their ability to move forward," the Congress president said.

Gandhi also urged the government to use its resources to put money directly into the hands of those in need in these times of severe hardship.

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News Network
July 2,2020

Lucknow, Jul 2: After a video showing health workers allegedly tossing bodies of coronavirus victims in a large pit in Karnataka, BSP President Mayawati on Wednesday stated that the incident is the "height of cruelty and insult to humanity".
The former UP Chief Minister demanded that the guilty must be punished.

"The tragedy that the bodies of COVID-19 victims being thrown into trenches in Ballari, Karnataka is the height of cruelty and an insult to humanity. Though incidents related to inhuman cruelty with corona patients are rampant but guilty of Ballari must be punished by the state government," Mayawati said in a tweet.

Also, in another tweet, she asked the Central government to extend the Pradhan Mantri Garib Kalyan Anna Yojana till the end of the coronavirus pandemic.

"In order to check ignominy of starvation on account of long unprecedented hardship & unemployment due to coronavirus and the subsequent nationwide lockdown, the PM Garib Kalyan Anna Yojna must continue not till November but till the end of the pandemic, this is the demand of BSP," she tweeted. 

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