Stop terror in name of Ram: Celebs to PM Modi

Agencies
July 24, 2019

New Delhi, Jul 24: Expressing concern at the number of "tragic events" unfolding in the country, a group of eminent citizens has said in a letter to Prime Minister Narendra Modi that 'Jai Shri Ram' has become a "provocative war cry" with many lynchings taking place in its name.

The July 23 letter, which also stressed that there is "no democracy without dissent", has been written by 49 celebrities from various fields, including filmmakers Shyam Benegal and Aparna Sen as well as vocalist Shubha Mudgal, historian Ramchandra Guha and sociologist Ashis Nandy.

"We, as peace-loving and proud Indians, are deeply concerned about a number of tragic events that have been happening in recent times in our beloved country," the letter said.

"The lynching of Muslims, Dalits and other minorities must be stopped immediately. We were shocked to learn from the NCRB that there have been no less than 840 instances of atrocities against Dalits in the year 2016, and a definite decline in the percentage of convictions," it continued.

The signatories said they regretted that "Jai Shri Ram" has been reduced to a "provocative war cry that leads to law and order problems, and many lynchings take place in its name".

It is shocking, they said, that so much violence should be perpetrated in the name of religion.

"These are not the Middle Ages! The name of Ram is sacred to many in the majority community of India. As the highest executive of this country you must put a stop to the name of Ram being defiled in this manner," the open letter to the prime minister said,

Criticising the lynchings in Parliament is not enough, the civil society leaders said.

"What action has actually been taken against the perpetrators? We strongly feel that such offences should be declared non-bailable, and that exemplary punishment should be meted out swiftly and surely."

It also underscored the significance of dissent in a democracy.

"There is no democracy without dissent. People should not be branded anti-national or urban Naxal and incarcerated because of dissent against the government."

If someone criticises the ruling party, it does not imply they are against the nation, the letter said.

"No ruling party is synonymous with the country where it is in power. It is only one of the political parties of that country. Hence anti-government stands cannot be equated with anti-national sentiments. An open environment where dissent is not crushed only makes for a stronger nation," the letter read.

"We hope our suggestions will be taken in the spirit that they are meant - as Indians genuinely concerned with, and anxious about the fate of our nation," it concluded.

The signatories to the letter also include Bengali cinema thespian Soumitro Chatterjee, southern filmmaker-actor Revathy, director Mani Ratnam and social activist Binayak Sen.

Comments

Mr Frank
 - 
Thursday, 25 Jul 2019

When china in top of world with its products all around globe we as democratic , secular with free speech engaged in internal insecurity where development remains only a slogan every day we have to watch what happened next day.

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News Network
January 18,2020

New Delhi, Jan 18: Asha Devi, the mother of the 2012 Delhi gang-rape victim, on Saturday slammed senior lawyer Indira Jaising for her suggestion that she should forgive her daughter's rapists.

"Who is Indira Jaising to give me such a suggestion? The whole country wants the convicts to be executed. Just because of people like her, justice is not done with rape victims," Asha Devi said here.

"Cannot believe how Indira Jaising even dared to suggest this. I met her many times over the years in Supreme Court, not even once has she asked for my well being and today she is speaking for the convicts. Such people earn their livelihoods by supporting rapists, hence rape incidents do not stop," she added.

Asha Devi further accused Jaising of using "the garb of human rights" to make a living.

'People like her keep earning money under the garb of human rights. I do not need her suggestions... Just because of people who think like her incidents like rape keep happening, she is a disgrace to women," she said.

Earlier yesterday, Indira Jaising, through a tweet, had urged Asha Devi to forgive the perpetrators and had used the example of Congress interim president Sonia Gandhi, who had forgiven Nalini, one of the convicts who was given the death penalty by the courts.

"While I fully identify with the pain of Asha Devi I urge her to follow the example of Sonia Gandhi who forgave Nalini and said she did not want the death penalty for her. We are with you but against the death penalty," Jaising's tweet read.

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Agencies
March 22,2020

Mumbai, Mar 22: The total number of coronavirus positive patients in Maharashtra has risen to 74 with 10 more positive cases reported in the last 24 hours, officials said.

Of the 10 new cases, 6 are in Mumbai and 4 in Pune, they said on Sunday.

Earlier this week, a Covid-19 patient died in Mumbai.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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