RSS firm on its vision that Bharat is 'Hindu Rashtra': Mohan Bhagwat

Agencies
October 8, 2019

Pune, Oct 8: Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Tuesday said the RSS is firm on its vision that "Bharat is a Hindu Rashtra", and Hindus need to unite if they want to be heard by the world.

Addressing the Vijayadashmi function of the RSS at Reshimbagh ground in Maharashtra's Nagpur city, he said all Indians working for the nation's glory and enhancing its peace are "Hindus".

"The vision and proclamation of the Sangh regarding the identity of the nation, the social identity of all of us, and the identity of the country's nature, are clear, well-thought-of and firm that Bharat is Hindustan, Hindu Rashtra," he said.

He said,"Hindus need to unite and posses power if they wish to be heard by the world."

"Those who belong to Bharat, those who are descendants of Bharatiya ancestors, those who are working for the ultimate glory of the nation and joining hands in enhancing peace, respecting and welcoming all diversities; all those Bharatiyas are Hindus," he asserted.

"We believe a Hindu person accepts plurality, respects faith and works for the betterment of the country. These things sound good to ears but the world listens to the mighty," he said.

The RSS has been saying the same thing for last 10 to 15 years, Bhagwat said.

"I was the RSS chief in 2009 as well, but not so many people were here to listen to me. Today, there are more people, because of the growth of the RSS in various sectors," he said.

"The world does not listen to you without you having some power. Nobody cares for the weak, nobody even tries to protect the interests of those who are weak," he said, quoting an ancient Sanskrit verse which says that when it comes to sacrifice, a goat is always preferred over a horse, an elephant or a tiger.

The RSS chief also brushed aside the allegations of RSS and its associates being 'Islamophobic' or averse to non- Hindu worshipers.

"It is true that Islam came to India through some invaders and there had been some battles. The memories of it have lingered longer in minds (of people). But still, it does not mean unifying Hindus is part of opposition to Islam. No swayamsevak (a common RSS worker) thinks this way," he said.

But, some insignificant persons talk on these lines which have never been endorsed by the RSS, Bhagwat stated.

"But, their statements are labelled as our stand. The propaganda takes shape in such a way," he said.

Bhagwat further spoke on Hinduism and how it welcomes plurality.

"A Hindu person is who believes there is an ultimate truth in the existence of the world, which is seen by us in different forms, there are different types of people, different ways to understand truth and even different ways of seeing things. Everyone at their place is right," he said.

"Nobody needs to change it or end it...you can walk on your own path of faith, you will reach the destination one day. All can cohesively achieve it. You decide your own way to salvation," Bhagwat said.

He said whether one wants to believe in soul or not, one can decide.

"You decide whether there is one form of God or several. It is up to you. Follow the dharma, but making it into a sect creates problems," the RSS chief said.

"There is only one dharma out there. It is called humanity, which nowadays is known as Hindu dharma," he added.

Bhagwat said it is the people of this country alone who embraced plurality and accepted difference of opinions.

"No other country has such an approach towards life. If this cannot be called Hinduism, then what to call it?" he wondered.

"There is no scope for opposing someone in this definition. There may be difference of opinion over the choice of words. Our culture believes and accepts all types of people, but not radicalism," Bhagwat said.

Still some people do not like to call it Hinduism, he noted.

"They prefer 'Bharatiya' over it, but it is fine with us. We understand what they are trying to say and we respect it," he said.

Comments

INDIAN
 - 
Tuesday, 8 Oct 2019

Such a maron people is this RSS!! when ghandi was fighting with british these people were slaves and licking the boot of them

 

HINDU is the name given by muslim arab while making busineess in india in olden time.

 

now also some arab people call indian NRI as hindu..

 

please check your book that this name exisit..you will never found

 

HINDU people are good but hindutva people are cancer to socity, they dont belive in GOD command and do all drama in front of good hindu (vedantist)...

 

major good hindu must start revolution to protect there religion from hindutva marons not islam.

 

VEDA teaches to worship only one GOD and do good to human being, now in the name of GOD people kill each other...

 

 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 6,2020

New Delhi, Mar 6: Shares of YES Bank and State Bank of India came under huge selling pressure on Friday as developments unfolded regarding SBI picking stake in the private lender. Shares of the lender hit record low of Rs 5.55, plunging 85 per cent, and were trading below its previous low of Rs 8.16 hit on March 9, 2009.

SBI, on the other hand, slumped 11 per cent to Rs 257.35 on the BSE. The benchmark S&P BSE Sensex was trading with a cut of over 3 per cent at 37,251.37 level.

In the past three months, share price of the private lender has plunged 41 per cent, while the state-owned lender has slipped 14 per cent. In comparison, the S&P BSE Sensex has dipped 5.6 per cent till Thursday.

On Thursday, the Reserve Bank of India superseded the board of troubled private sector lender YES Bank and imposed a 30-day moratorium on it “in the absence of a credible revival plan” amid a “serious deterioration” in its financial health.

During the moratorium, which came into effect from 6 pm on Thursday, YES Bank will not be allowed to grant or renew any loans, and “incur any liability”, except for payment towards employees’ salaries, rent, taxes and legal expenses, among others.

This is the first time that a bank of this size will be put under a moratorium by the RBI.

“The financial position of YES Bank had undergone a steady decline “largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits,” RBI said in a statement.

“After the moratorium, the next step will be to infuse to money and keep the bank afloat. So from shareholders’ point of view, the future is certainly hazy as the capital requirement is huge. The good part, however, is that the RBI has stepped in and depositors don't have to worry,” says Siddharth Purohit, a research analyst at SMC Securities.

Meanwhile, analysts at Nomura believe that placing the Bank under moratorium implies that equity value in the bank would be negligible, and that the chances of private capital participating in future capital raising plan are near zero.

"Any resolution for Yes Bank is more proposed from the perspective of deposit holders and systemic stability, and not from the perspective of Yes Bank equity investors or even perpetual bond holders," they wrote in a note dated March 6.

In another development, SBI’s Board Thursday gave in-principle approval to consider an “investment opportunity” in YES Bank, even as it said “no decision had yet been taken to pick up stake in the bank”.

According to a  report, highly-placed sources indicated a rescue plan involving SBI and Life Insurance Corporation of India (LIC) was being discussed and an announcement in this regard might be made soon.

“While the finer details of the deal are being worked out, it is anticipated that both SBI and LIC together will take a 51 per cent stake in the bank, with a one-year lock-in period,” the report said.

Most analysts believe it is a positive step for the Indian financial sector as the government has tried to avoid a repeat of IL&FS-like crisis.

“The move is a positive step for the financial sector as a whole. By this, the government has tried to avoid a repeat of IL&FS-like crisis and has saved the depositors,” said AK Prabhakar, Head of Research at IDBI Capital. While we know that YES Bank has a huge pile of bad loans, SBI is the only bank that has the capacity to absorb it, he added.

However, the valuation at which YES bank would be taken over remains a cause of concern.

Global brokerage firm JP Morgan Thursday cut its target price for YES Bank on Thursday to Rs 1 per share, taking into account the potential fall in the lender’s net worth due to stressed assets.

“We believe forced bailout investors will likely want the bank to be acquired at near-zero value to account for risks associated with the stress book and likely loss of deposits. We think the bank will need to be recapitalised at nominal equity value and could test dilution of additional tier 1 (AT1) capital. We remain underweight and cut our target price to Rs 1 as we believe net worth is largely impaired,” JP Morgan said in a note.

Global brokerage firm Nomura estimates a need of Rs 25,000-44,000 crore and adjusted for Rs 7,400 crore of current coverage, if the current stress of Rs 65,000-70,000 crore faces 70 per cent loss given default (LGD).

"It implies Rs 18,000-37,000 crore needed for provisioning against the current net worth of Rs 25,700 crore Also, to run as going concern, the bank would require over Rs 20,000 crore of CET-1 capital as well," the note said.

YES Bank has registered slippages of Rs 12,000 crore so far in FY20, while it has placed Rs 30,000 crore of loan assets under the watch list. Its deposits stood at Rs 2.09 trillion on September 30, 2019, while its advances totalled Rs 2.24 trillion. The bank has delayed publishing its December quarter results by a month to March 14.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 16,2020

Mar 16: A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

This comes a day after over 230 Indians were brought back from Iran to New Delhi and quarantined at the Indian Army Wellness Centre in Jaisalmer, the third batch to be evacuated from that country.

"Fourth batch of 53 Indians - 52 students and a teacher - has arrived from Tehran and Shiraz, Iran. With this, a total of 389 Indians have returned to India from Iran. Thank the efforts of the team @India_in_Iran and Iranian authorities," Jaishankar tweeted.

The Indians came in a Mahan Air flight that landed at the Delhi airport at around 3 am, officials said, adding that they were later taken to Jaisalmer in an Air India flight for being quarantined.

The first batch of 58 Indian pilgrims were brought back from Iran last Tuesday and the second group of 44 Indian pilgrim arrived from there on Friday.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases have been detected.

Jaishankar had told Rajya Sabha last week that the government was focusing on evacuating Indians stranded in Iran and Italy as these countries are facing an "extreme situation".

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 18,2020

New Delhi, May 18: With the highest-ever spike of 5,242 new cases in last 24 hours, the total number of positive COVID-19 cases in India reached 96,169 on Monday, according to the Ministry of Health and Family Welfare.

With 157 deaths reported in the last 24 hours, the death toll has risen to 3,029, as per the latest update by the ministry.

Out of the total number of cases, 36,824 have been cured/discharged/migrated.

This comes a day after the nationwide lockdown, imposed as a precautionary measure to contain the spread of COVID-19, was extended till May 31.

Maharashtra remains the worst-affected state due to the virus with 33,053 cases, including 1,198 deaths. It is followed by Gujarat (11,379), Tamil Nadu (11,224) and Delhi (10,054).

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.