Ram Mandir will be built in Ayodhya before 2019: UP minister

Agencies
September 29, 2017

Allahabad Sept 29: Uttar Pradesh Health Minister Siddharth Nath Singh said he is confident that the Ram Temple in Ayodhya will be constructed before 2019.

Speaking to the media, the Bharatiya Janata Party (BJP) leader said the situation in the country is changing and people who were earlier opposing to it now want a grand Ram temple.

"Swami Brahma Yogananda had predicted Modi ji will become PM, and he now predicted a grand Bhavya Ram Temple before 2019. Also, now situation in the country is changing. People who earlier opposed to it now want a grand Ram temple," he added.

Earlier on July 6, at least three trucks of red stones were brought for building the Ram temple in Ayodhya, under the supervision of the Vishwa Hindu Parishad (VHP).

The carving of stones for the temple is being done under the supervision of an organisation of VHP, 'Ram Janmabhoomi Nyas' and saints.

In August this year, the Supreme Court had said that it will commence final hearing of the long-standing Ram Janmabhoomi-Babri Masjid title dispute from December 5, a day before the 25th anniversary of the demolition of the medieval-era structure.

The apex court, after an intense deliberation for more than one-and-half-hours on August 12, reached a consensus on commencement of the hearing on a total of 13 appeals filed against the 2010 judgement of the Allahabad High Court in four civil suits.

Another sect of the Muslims under the banner of Shia Central Waqf Board of Uttar Pradesh recently went to the court offering a solution that a mosque could be built in a Muslim- dominated area at a "reasonable distance" from the disputed site in Ayodhya.

In 1946, an offshoot of the Hindu Mahasabha called Akhil Bharatiya Ramayana Mahasabha (ABRM) started an agitation for the possession of the site.

In 1949, Sant Digvijay Nath of Gorakhnath Math joined the ABRM and organised a nine-day continuous recitation of Ramcharit Manas, at the end of which the Hindu activists broke into the mosque and placed idols of Rama and Sita inside.

People were led to believe that the idols had 'miraculously' appeared inside the mosque. The date of the event was December 22, 1949.

Former Prime Minister Jawaharlal Nehru insisted that the idols should be removed. However, K. K. K. Nair, a then local official known for his Hindu nationalist connections, refused to carry out orders, claiming that it would lead to communal riots. The police locked the gates so that the public (Hindus and Muslims) could not enter.

On December 6, 1992, the VHP and its associates, including the BJP, organised a rally involving 150,000 VHP and BJP kar sevaks at the site of the mosque.

The ceremonies included speeches by the BJP leaders such as L.K. Advani, Murli Manohar Joshi and Uma Bharti.

The mob grew restive through the duration of the speeches, and stormed the mosque shortly after noon.

A police cordon placed there to protect the mosque was heavily outnumbered.

The mosque was attacked with a number of improvised tools, and brought to the ground in a few hours.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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News Network
February 16,2020

Varanasi, Feb 16: Amidst continuing protests against the amended citizenship law, Prime Minister Narendra Modi on Sunday said his government stood by the decision despite all pressure.

"Be it the decision on Article 370 or the Citizenship Amendment Act, it was necessary in the interest of the country. Despite pressure, we stand by our decision and will remain so," he said.

Modi was addressing a public meeting in his Lok Sabha constituency.

Prime Minister Narendra Modi also asserted that the trust set up for construction of the Ram temple in Ayodhya will work "rapidly".

"A trust has been formed for construction of a grand Ram temple in Ayodhya. This trust will work rapidly," he said at a public meeting during his day-long visit to his Lok Sabha constituency.

The government had recently set up the Shri Ram Janmabhoomi Teerth Kshetra on the Supreme Court's directive to the Union government to form a trust that can look into the construction and management of the temple.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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