Ready for run-off poll with BJP: AAP

December 11, 2013
New Delhi, Dec 11: Amid speculation of Delhi facing re-election as no party came forward to form a government, the Aam Aadmi Party on Tuesday said it was ready for re-poll and this time, it would be a contest between itself and the BJP.

repoll

“We are ready for it (re-election). At present, we will neither take, nor extend support to either the BJP or the Congress to form the government. But unlike this election, the next election would be contested between the BJP and the AAP, as the Congress has lost badly,” AAP national convener Arvind Kejriwal said.

The party will also change some of its candidates, who are considered weak, in case of a re-poll, Kejriwal said.

Asked about government formation, Kejriwal said as the single largest party, the BJP should form the government and take support from the Congress. “The BJP has been given the mandate. It is the single largest party. So, it should try and form the government taking support of the Congress,” he said. The AAP leader said the similarity between the party’s election symbol “broom” and “torch”, which was given to some “dummy” independent candidates in about eight to nine constituencies, was the reason they lost in those constituencies.

He said exit polls also harmed the party, as the results came in the evening but polling continued till 9:30 pm.

“Because of this, most of these votes were polled in favour of the BJP,” Kejriwal said. “In these constituencies, the AAP lost by a wafer-thin margin.”

Kejriwal’s assertion came after the Congress on?Tuesday gave indications of extending outside support to a government in Delhi headed by the AAP.

Congress sources said eight party MLAs met All India Congress Committee general secretary in charge of Delhi Shakeel Ahmed during the day and floated the idea of backing the AAP government.

Ahmed told reporters that some Delhi leaders were keen on giving unconditional support to the AAP to form the government. “Any decision on the issue will be taken by the party high command,” he said.

However, Congress spokesperson Raj Babbar during a press briefing did not mention the Delhi Congress leaders’ view of backing the AAP.

He said since the BJP (32 seats) and the AAP (28 seats) have emerged as the two big parties in the House, they should honour the mandate by forming the government in Delhi. On a day when the Election Commission notified the results of Delhi Assembly elections, BJP’s chief ministerial candidate Harsh Vardhan continued to claim that the party lacked the numbers and it was not looking at government formation.

Harsh Vardhan was also elected leader of the legislature party at the first meeting of 31 BJP lawmakers and the lone legislator from party ally Shiromani Akali Dal at the Delhi unit office.

Soon after the meeting, he said: “We cannot form a government due to a fractured mandate. We are ready to fight the election again, if required.”

Kejriwal tweeted during the day that his party would neither take nor give support to the BJP or the Congress.

He told reporters: “Let the BJP and the Congress join hands (to form the government) as they are like-minded parties. We are a small party, we have small numbers and lack the means to form the government with 28 legislators.”

The AAP heavyweight, who defeated chief minister Sheila Dikshit in the New Delhi constituency, seemed to be in a damage-control mode over party colleague Prashant Bhushan’s reported comment on a hypothetical situation in which they could support the BJP in government formation.

"There is no question of supporting the BJP. What Prashant said on Monday was his personal opinion," he tweeted.

Bhushan told a TV channel on Monday that the AAP “may consider” supporting the BJP if the party gives in writing that it will pass the Jan Lokpal Bill.

As the spectre of a re-poll loomed over the city—an exercise that costs about Rs 40 crore —TV channels started interviewing people on their opinion whether the city could afford another election.

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News Network
July 20,2020

New Delhi, July 20: India's retail trade has suffered a business loss of about Rs 15.5 lakh crore in past 100 days due to the COVID-19 lockdown, traders' body CAIT said on Sunday. 

In a statement, the Confederation of All India Traders (CAIT) said traders across the country are depressed because of minimal of the consumers, considerable absence of employees, facing financial crunch and yet have to meet several financial obligations.

"No support policy from the central or state governments is yet another crucial factor which is haunting the traders," CAIT claimed. 

CAIT Secretary General Praveen Khandelwal said the domestic trade is passing through its worst period in the current century which reflects that if immediate steps are not taken about 20 per cent of the shops in India will have to close down their shutters.

The traders’ body has also urged the government to award a substantial package to traders to ensure their survival. Their demands include: Relaxation in payment of taxes, extension in repayment of bank loans and EMIs without any further interest or penalty as well as measures that would provide money directly in the hands of the traders.

In April, the losses stood at about Rs. 5 lakh crore whereas in May it was estimated to be about Rs. 4.5 lakh crore, followed by Rs. 4 lakh crore in June. Losses stood at about 2.5 lakh crore in the first fortnight of July offering a grim snapshot of the effect of the pandemic on consumer spending. 

“Even as the lockdown was relaxed, store footfall was only 10 per cent. Most of these traders do not have deep pockets to sustain this severe economic catastrophe and on the other hand have several financial obligations to meet. At this crucial time, handholding of these traders is all the more much required,” Khandelwal said.

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News Network
March 13,2020

Bhopal, Mar 13: The Madhya Pradesh Economic Offences Wing (EOW) on Thursday decided to verify facts afresh in a complaint against former Union Minister Jyotiraditya Scindia and his family, in which they are accused of falsifying a property document while selling land.

The development came after Mr Scindia quit the Congress and joined the BJP on Wednesday. 22 MLAs who belong to his camp also resigned, threatening the survival of the Kamal Nath government in the state.

"Yes, an order has been given for re-verification of facts in the complaint filed by Surendra Shrivastava," an Economic Offences Wing official told PTI.

An EOW release said Mr Shrivastava on Thursday filed a new complaint against Mr Scindia and his family, alleging that by falsifying a registry document, they sold him a piece of land at Mahalgaon which was smaller by 6,000 sq feet than the original agreement in 2009.

He had lodged the complaint first on March 26, 2014. But it was investigated and closed in 2018, the EOW official said. "As he again petitioned us today, we will re-verify the facts," the officer said.

Jyotiraditya Scindia's close aide Pankaj Chaturvedi alleged that it was political vendetta.

"The case had been closed for want of evidence. Now for vengeance, it is being reopened. We have full faith in the Constitution and law. We will get justice and Kamal Nath government a befitting reply," Mr Chaturvedi said.

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News Network
July 18,2020

Washington, Jul 18: The Foreign Direct Investment (FDI) from the US to India has crossed the $40 billion mark so far this year, reflecting the growing confidence of American companies in the country, the head of an India-centric business advocacy group has said.

The American companies, during the Covid-19 pandemic, which has battered the world economy, have shown great confidence in India and its leadership, said Mukesh Aghi, president of the US-India Strategic and Partnership Forum (USISPF), which keeps a track of the major US FDIs in India.

“Year to date investment from the US, including the recent ones, is over $40 billion,” Aghi said.

In recent weeks alone, the announcement of the FDI into India has been over $20 billion, he said, referring to the announcements made by some of the top companies like Google, Facebook and Walmart.

“Investors’ confidence in India is high. India still remains a very promising market for global investors. If you look at the $20 billion… not just the US, but (investment) has also come from other geographies such as the Middle East and the Far East.

“So, India still remains a very, very bullish market for the investor community,” Aghi said in response to a question.

The USISPF has been working with New Delhi to bring in FDI into India… playing a key role in encouraging American companies planning to move their bases out of China, he said, adding that the move was going on in the last three years of the Trump administration, but gained momentum during the coronavirus pandemic.

“We feel that Prime Minister (Narendra Modi’s) intention is very high. The challenges lie on the execution side. Efforts are being made to encourage manufacturing… I've never seen it so better. The policy framework is moving in the right direction,” he said.

Early this week, Larry Kudlow, the White House Economic Advisor, told reporters that the US tech giants like Google and Facebook announcing big investments in India shows that people are losing trust in China and India is emerging as a big competitor.

At the same time, he rued that India continues to be a protectionist country.

“The question is how do you define protectionism... the administration here is saying America first and India is saying vocal for local…,” Aghi added.

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