Scrapping of Amethi food park: Rahul raises issue in LS

May 7, 2015

New Delhi, May 7: Rahul Gandhi today attacked the Narendra Modi government in Lok Sabha over the reported scrapping of a mega food park project in his constituency of Amethi, accusing the Prime Minister of practicing politics of revenge and not "politics of change" which he had promised.

Amethi food parkAs the Congress Vice-President fired yet another salvo at the government over the issue of farmers, Home Minister Rajnath Singh assured him that he would look into the matter and inform Gandhi, insisting that the Centre believed in taking all parties along for the country's development.

Raising the issue in the Zero Hour, Gandhi said he had "liked" Modi's promise in Amethi during the poll campaign that he did not believe in the politics of revenge and was there to practice politics of change.

"Politicians offer promises to people and the one made by the Prime Minister is the biggest... What he is doing is politics of revenge," he said, adding that the Centre had scrapped the project in his family pocket-borough which would have benefited farmers in 10 districts. Congress members protested with cries of 'shame, shame'.

BJP members often interrupted Rahul as he highlighted how he worked to have the food park project allotted to Amethi after farmers' raised the issue with him.

At one point, Gandhi retorted to the continuous disruptions by the ruling party members, "I am not talking about suit but potato. You should not be scared." He was referring to his 'suit-boot ki sarkar' jibe at the Modi government at an earlier occasion in the House.

Talking of the farmers' concern, he said, "They asked me what is this magic that they sell potato for Rs 2 per KG but a packet of chips having not more than one potato's content sells for Rs 10. They said if they could sell potatoes directly to factories, then they would benefit more. The project happened slowly," the Congress leader said.

Taking Gandhi on, the Minister said he was born to a family of farmers and the Congress leader's knowledge was "limited" as one potato's content cost up to Rs 70 in a chips packet.

Singh said as far as he knew, it was the company behind the mega food park which pulled out.

"I will have the matter looked into and personally inform you," the Home Minister said. Amid the sparring between treasury benches and the opposition, Singh was heard asking his party members to keep quiet and let him speak.

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News Network
July 6,2020

New Delhi, Jul 6: India's COVID-19 tally neared the 7 lakh mark with 6,97,413 cases after 24,248 new cases were reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

As per the Health Ministry, there are 2,53,287 active cases in the country while 4,24,432 patients have been cured or discharged. While one patient has migrated.

425 new deaths were reported in the last 24 hours in the country due to COVID-19, taking the number of patients succumbing to the deadly virus to 19,693.

As per the Health Ministry, Maharashtra continues to be the most impacted state from the infection with 2,06,619 cases and 8,822 fatalities due to the virus. Tamil Nadu in second place has a total of 1,11,151 cases and 1,510 fatalities.

The national capital's COVID-19 cases are also nearing the 1-lakh mark with 99,444 coronavirus cases and 3,067 deaths.

The total number of samples tested up to July 5 is 99,69,662 of which 1,80,596 samples were tested yesterday, informed the Indian Council of Medical Research on Monday. 

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Agencies
March 12,2020

Mumbai, Mar 12: In what appears to be the worst trading session in the Indian stock markets, the benchmark BSE Sensex crashed over 2900 points to end below the 33,000-mark.

The Sensex crashed 2,919.26 points to end at 32,778.14. So far it has touched an intra-day low of 32,530.05 points.

The Nifty50 on the National Stock Exchange also lost nearly 850 points so far. It plunged 868.25 points to 9,590.15.

The plunge was in line with the global markets as all Asian indices also traded in the red after the World Health Organization (WHO) declared coronavirus a global pandemic following which the Dow Jones Industrial Average also slumped significantly on Wednesday.

The bear run in both the global and domestic markets has continued off late on concerns of the coronavirus outbreak severely impacting the global economy. It has also raised calls for government intervention and support.

Central banks in several countries, including the US Federal Reserve have announced emergency rate cuts to boost sentiments. However, the concerns have only deepened in the past few days as the number of COVID-19 cases across the world has increased.

Further, following the rout in the global markets oil prices also fell on Thursday with the Brent crude trading around $34 per barrel.

The Indian rupee also felt the pressure and touched a 17-month low of 74.34 per dollar in its initial trade.

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News Network
March 13,2020

Mumbai, Mar 13:  Investor wealth worth nearly Rs 12 lakh crore was wiped out in less than 15 minutes of trading on the stock exchanges on Friday, with the two benchmarks, the BSE Sensex and the NSE Nifty, crashing over 10 per cent.

The 30-share BSE Sensex plummeted 3,380.59 points, or 10.31 per cent, to 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Trading was halted for 45 minutes in the early session after the index hit its lower circuit limit.

The BSE and NSE benchmark indices, however, pared most losses with the Sensex trading 835.40 points, or 2.55 per cent, lower at 31,942.74, and the Nifty was down 253.25 points or 2.64 per cent at 9,336.90 at 10.40 am.

The mayhem on Dalal Street eroded investor wealth worth Rs 12,92,479.88 crore, taking the total m-cap to Rs 1,12,78,172.75 crore on the BSE at 1020 hours.

The m-cap of BSE-listed companies stood at Rs 1,25,70,652.63 crore at the end of trading on Thursday.

Traders said besides global selloff, incessant foreign fund outflows also weighed on investor sentiments.

On a net basis, foreign institutional investors sold equities worth Rs 3,475.29 crore on Thursday, data available with stock exchanges showed.

On the BSE, 1,279 scrips declined, while 193 advanced and 40 remained unchanged.

Volatility heightened in global markets as benchmarks world over went into panic mode, insinuating a freakish selloff.

Bourses in Shanghai dropped over 3.32 per cent, Hong Kong 5.61 per cent, Seoul 7.58 per cent and Tokyo cracked up to 7.97 per cent.

Wall Street lost 10 per cent in overnight trade.

More than 1,30,000 cases of the novel coronavirus have been recorded in 116 countries and territories, killing at least 4,900 people.

The number of coronavirus patients in India has risen to 74, as per the health ministry.

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