Swamy links Sonia with chopper deal, Cong forces adjournments

April 27, 2016

New Delhi, Apr 27: Angry exchanges between opposition Congress and ruling BJP members over Subramaniam Swamy seeking to drag Sonia Gandhi's name in the controversial AgustaWestland helicopter contract bribery case led to two adjournments of the Rajya Sabha in the pre-noon session.

SwamyHowever, Gandhi's name was later expunged by Deputy Chairman P J Kurien.

Swamy had raised the issue through a zero hour notice, his first intervention since he took oath in the House yesterday, and referred to the allegations made by Christian Micheal, the middleman in the scandal, through a letter in the High Court of Italy.

The naming of Gandhi led the Congress members to angrily storm into the Well, with a handful even moving closer to the treasury benches menacingly. Members of the treasury benches too got up on their seats to counter the opposition.

Fearing an ugly showdown, a couple of marshalls too stepped into the Well to act as a wall between the opposition and the ruling side.

Before things got out of hand, Deputy Chairman P J Kurien adjourned the House for 10 minutes.

When the House reassembled, Kurien expunged Swamy's reference to Gandhi saying he should not name a member who cannot come and defend himself or herself.

"I am not admonishing you as this is your first speech in the House" after being nominated to the Upper House. "But the name is expunged," Kurien said.

This did not satisfy the Congress members who were in the Well again shouting slogans against Swamy.

Kurien said though it was Swamy's first day today after being nominated to the Rajya Sabha, "you have been member of this House before and you should know that the name of a member of the other House cannot be taken here".

As Congress members continued to raise slogans from the Well, the Deputy Chairman again adjourned the House till noon.

During the 10 minute break, Swamy was surrounded by BJP members, seemingly complimenting him for provoking an angry reaction from Congress.

Defence Minister Manohar Parrikar walked up to him and was seen exchanging notes with Swamy. HRD Minister Smriti Irani too walked up and complimented him.

Few Congress leaders including Anand Sharma and Leader of the House and Finance Minister Arun Jaitley walked into the Chairman's chamber during the break.

Just before the House reassembled, Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi took Swamy aside, apparently to give him some advice.

After the second adjournment, Jaitley took Swamy with him for a chat on the issue.

Earlier Jaitley, while responding to Leader of Opposition Ghulam Nabi Azad's question, said the reports about a meeting between Prime Minister Narendra Modi and his Italian counterpart were "false and untrue in entirety."

"No such meeting at all has been held," he said debunking a media report of Modi offering to free Italian marines in exchange of information on Gandhi family.

He said the principal issue was that there were allegation of bribe being paid to secure the defence deal. "The bribe giver has been convicted and now bribe taker has to be identified," he said adding written admission by the alleged middle man has to be examined.

"Investigation is underway," he said.

Earlier, Azad quoted media reports to ask the government if the Prime Minister had during a meeting with his Italian counterpart in September last year offered to free two Italian marines in exchange of information on Gandhi family in the controversial chopper deal.

"Pronouncement of judgment (on the chopper deal) has come and now NDA government is now allowing Italian marines to return home. So the deal is struck," he said.

Azad said the Congress-led UPA government had in 2013 cancelled the deal when wrong-doings were reported and had directed the CBI and ED to investigate corruption charges.

Also, the then Government had encashed bank guarantee and got back advance money paid. Besides, three helicopters received as part of the deal were not returned, he said.

The VVIP chopper deal relates to a 2010 decision of the UPA government to buy 12 helicopters from Italian manufacturer, Finmeccanica. But reports later said the Italian company had paid a bribe of up to Rs 3,565 crore to swing the deal.

Though the Italian company was blacklisted by UPA, it was part of Modi government's 'Make in India' drive, the Congress leader alleged.

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Fair talker
 - 
Wednesday, 27 Apr 2016

Swamy( Asamy) is receiving Wahee from the shaitan.

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January 15,2020

Mumbai, Jan 15: A relative of Maharashtra Chief Minister Uddhav Thackeray was killed and three others injured when their car met with an accident on Mumbai-Nashik highway, police said on Wednesday.

The mishap took place at Sinnar in Nashik on Tuesday night when the CM's sister-in-law Vina Karande and six other relatives were returning from Shirdi in a sports utility vehicle (SUV), Nashik (Rural) Superintendent of Police Aarti Singh said.

The car driver apparently lost control over the wheels, following which the vehicle overturned on a roadside while passing through a narrow bridge, located around 190 km from here, the official said.

They were rushed to a hospital in Nashik where Ajay Karande, husband of Vina Karande, died during treatment, the official said.

The three others were undergoing treatment at the hospital, the police said, adding that their condition was reported to be out of danger.

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March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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March 19,2020

Attari, Mar 19: At least 29 Indians, who had gone to Dubai to watch a cricket match which was called off later, on Wednesday night returned to India through the land transit route of Attari-Wagah border here.

Earlier, when they entered India after being cleared by the Pakistan Immigration Authority, they were detained at Attari border, as they were not having requisite permission on their passport to return to India through Pakistan.

According to officials, they had earlier flown to Dubai from New Delhi to watch a Pakistan League Cricket match there.

The match, however, was aborted and they decided to return India via Pakistan. They took a flight to Pakistan and after landing there, they took land route to reach Attari-Wagah border.

All were cleared by Indian immigration authority after being allowed by the Union Ministry of Home Affairs.

Amritsar Civil Surgeon Dr Prabdeep Kaur Johal said that by 9.30 PM all the Indian nationals were not handed over to the medical team for checkup.

She said if anyone of them are found with any symptoms of the virus, they would be admitted to Amritsar Government Hospital or else they would be allowed to continue their journey to Delhi or elsewhere.

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