Senior JD(U) leader Uday Narayan Chaudhary quits party

Agencies
May 2, 2018

Patna, May 2: Former Bihar Assembly speaker Uday Narayan Chaudhary today announced his resignation from the primary membership of the party, citing “demoralisation of cadre” and patronage to “dhankuber” (those with deep pockets) as the major reasons. The JD(U), however, maintained that the “coming or going of anybody did not affect the party”.

Chaudhary, 65, has been critical of the party ever since Chief Minister and JD(U) president Nitish Kumar returned to the BJP-led NDA fold. The veteran leader alleged that his decision to quit the party followed “a spurt in atrocities against Dalits and crimes against women”.

“I have nurtured the JD(U) over the last 20 years. But I have been aghast at the party’s deviation from its core principles and commitment to the welfare of the downtrodden. There has been a spurt in atrocities against Dalits and women, the latest incident being the molestation of a girl in Jehanabad,” Chaudhary told reporters here.

“The party cadre, especially the dedicated workers, is getting demoralised while the dhankuber (those with deep pockets) are being promoted. In view of these things I have decided to give up my primary membership of the party,” he explained. Chaudhary, however, did not speak about his future course of action.

A former loyalist of Kumar, Chaudhary was instrumental in averting a split in the party in 2015 when the then chief minister Jitan Ram Manjhi refused to make way for Kumar, who had stepped down for a few months owning moral responsibility for the JD (U)’s debacle in the 2014 Lok Sabha polls.

Of late, however, the senior leader has been openly critical of the party line and seen hobnobbing with those in the opposition camp.

He was seen sharing the stage with former BJP leader Yashwant Sinha at a meeting of the Rashtra Manch here last month, where the latter announced his decision to quit the party in the presence of leaders like RJD heir apparent Tejashwi Yadav.

Often referred to as the Dalit face of the JD(U), Chaudhary yesterday joined a rally, organised by social organisations from the historic Gandhi Maidan to the Raj Bhavan to protest against the recent Supreme Court judgment on the SC/ST (Prevention of Atrocities) Act.

On occasions, he also supported RJD supremo Lalu Prasad, who is serving jail sentence in fodder scam cases, much to the embarrassment of his own party.

Rubbishing Chaudhary’s allegations, JD(U) deputy leader in the state Assembly, Shyam Rajak, said “there has been no upeksha (indifference) towards Dalits and women. The government has been working in accordance with the apkesha (expectations) of these segments.”

Rajak, a Dalit leader himself, asserted that Chaudhary might have made the decision because of personal reasons.

“His decision has nothing to do with the party’s policies. The party will remain unaffected by the coming or going of anybody. The JD(U) derives its strength from the principles it stands for,” he added.

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News Network
February 1,2020

New Delhi, Feb 1: Prime Minister Narendra Modi on Saturday greeted the Indian Coast Guard on its raising day, appreciating its efforts to keep the country's coasts safe.

The Coast Guard came into being in 1977.

"Greetings to the Indian Coast Guard on their foundation day. Our Coast Guard has made a mark due to their remarkable efforts to keep our coasts safe," Modi tweeted.

The prime minister said the force's "concern towards the marine ecosystem is also noteworthy".

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Agencies
March 15,2020

New Delhi, Mar 15: The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase the security of card transactions. These rules will help in curbing the misuse of debit and credit cards.

RBI has directed banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card. For international transactions, online transactions, card-not-present transactions and contactless transactions, customers will have to separately set up services on their card.

These rules will be applicable for new cards from March 16. Those with old cards can decide whether to disable any of these features.

As per the existing rules, these services used to come automatically with the card, but now it will start at the request of the customer.

Debit or credit card customers who have not yet done any online transaction, contactless transaction or international transaction with the card, then these services on the card will automatically stop from March 16.

The Reserve Bank has asked all banks to provide mobile banking, net banking option to enable limit and enable and disable service 24 hours a day, seven days a week.

If the customer makes any change in the status of the card, the bank will alert the customer through SMS/email and send the information.

Issuers shall provide to all cardholders facility to switch on/off and set/modify transaction limits (within the overall card limit, if any, set by the issuer) for all types of transactions -- domestic and international, at PoS/ATMs/online transactions/contactless transactions, etc.,

The provisions, however, are not mandatory for prepaid gift cards and those used at mass transit systems.

The latest instructions come in the wake of rising instances of cyber frauds and the huge increase in the use of cards.

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Agencies
February 6,2020

Mumbai, Feb 6: The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth.

The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.

"Economic activity remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner. Given the evolving growth-inflation dynamics, the MPC felt it appropriate to maintain status quo,” the Monetary Policy Committee (MPC) said.

The six-member committee voted unanimously to hold rates, but also said that there is “policy space available for further action”.

Between February and October 2019, the RBI had reduced repo rate by 135 basis points.

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