RSS ideologue says BJP can now tackle Ram Mandir, Article 370

May 20, 2014

New Delhi, May 20: With the Bharatiya Janata Party (BJP) getting majority in the Lok Sabha on its own, the Rashtriya Swayamsevak Sangh (RSS) now wants the party to take up its key issues - Ram temple in Ayodhya and Article 370 that had to be abandoned in the past - once again.Babri

RSS ideologue M.G. Vaidya has made these suggestions in his latest blog. He writes that the BJP had to compromise with its ideology in 1999 in the wake of its tie-up with parties such as National Conference to reach at a unanimous common minimum programme for the National Democratic Alliance (NDA) government.

However, there is no such compulsion after the BJP gaining majority its own and its pre-poll allies such as Telugu Desam Party (TDP), Shiv Sena, Shiromani Akali Dal (SAD) and some Tamil Nadu-based parties should not have a problem, Vaidya writes in his Marathi blog Bhaashya. "In 1999, BJP could manage to get 182 seats and they needed support of 90 MPs from outside from parties like National Conference. So the common minimum programme had to be made with such parties and that became manifesto of the government. So the issues like Article 370 and construction of Ram Mandir in Ayodhya needed to be kept aside," the veteran writes.

"Now BJP had pre-poll alliance with TDP, Shiv Sena, Akali Dal and some parties in Tamil Nadu, so I don't think that they will have any problem with issues like Ram Mandir and Article 370. Though the alliance had projected issues of transparent government and development, Ram Mandir and Article 370 were part of the manifesto," he writes.

Vaidya says the BJP has got 282 seats now, which is 10 more than the required majority and the NDA has got 336 seats, if the party fulfils its promise of Ram Mandir and Article 370 without disturbing the Constitution and law, its partners should not have any issue, he opines.

The RSS ideologue goes on to target parties such as Trinamool Congress (TMC) and DMK for their regional bias and says Congress should be revived in these states for the "betterment of democracy".

"... Trinamool Congress in West Bengal and DMK in Tamil Nadu will only think about their states and they do not have any thoughts about foreign policy, especially regarding Bangladesh and Sri Lanka. So Congress's young leaders should come together and think about their defeat and there should be a change in organisational set up in Congress by allowing young leadership to prosper and come forward," Vaidya writes.

He goes on to credit RSS for BJP's thumping victory by playing an "important role in increasing vote percentage". At the same time, he says, the anti-BJP parties that bashed up the parent organisation of the saffron party in the run up to the general elections played "an equally important role".

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News Network
June 20,2020

New Delhi, Jun 20: Diesel price on Saturday hit a record high after rates were hiked by 61 paise per litre while petrol price was up 51 paise, taking the cumulative increase in rates in two weeks to Rs 8.28 and Rs 7.62 respectively.

Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs 78.37, while diesel rates were increased to Rs 77.67 a litre from Rs 77.06, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The 14th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to new high. Petrol price too is at a two-year high.

Prior to the current rally, diesel rate had touched a peak of Rs 75.69 per litre in Delhi on October 16, 2018.

The highest-ever petrol price was on October 4, 2018, when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The 82-day freeze in rates this year was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in retail rates that was warranted because of a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 14 hikes, petrol price has gone up by Rs 7.62 per litre and diesel by Rs 8.28 a litre.

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News Network
March 30,2020

New Delhi, Mar 30: Prime Minister Narendra Modi on Monday interacted with Indian ambassadors and high commissioners abroad and urged them to remain alert to developments in global efforts against COVID-19 including breakthroughs to help the country's fight against the coronavirus.

External Affairs Minister S Jaishankar and Foreign Secretary Harsh Vardhan Shringla were also present during the interaction through video-conferencing.

"Coming together for India PM interacted with Indian Ambassadors/High Commissioners abroad and urged them to remain alert to developments in global efforts against COVID-19 including breakthroughs to help our national efforts to fight COVID19," External Affairs Ministry spokesperson Raveesh Kumar said in a tweet.

"PM appreciated the efforts of our missions in helping Indians abroad, in particular, students and workers," he added.

The number of positive coronavirus cases in the country stood at 1,071 on Monday. It includes 29 deaths and 99 people, who have been cured of the highly contagious virus.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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