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.

Comments

Fair talker
 - 
Wednesday, 27 Apr 2016

Swamy( Asamy) is receiving Wahee from the shaitan.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 23,2020

New Delhi, Jun 23: In an unexpected development, the pump price of diesel is all set to surpass the petrol price in the capital, making it the most expensive transport fuel for the first time in a long time.

Globally, diesel is priced slightly above petrol prices due to the very nature of the product that has a higher cost of production. But in India, due to the lopsided taxation structure, diesel attracts lesser of the tax between the two auto fuels keeping its prices lower than petrol for last several years.

Diesel is currently priced at Rs 79.40 a litre in the Capital, just 36 paise short of petrol price that is being retailed at Rs 79.76 a litre. Going by the trend of price movement in the two products for the last few days where diesel prices have consistently increased by 50-60 paise per litre while the daily increase in petrol prices have fallen to just 20 paise on Tuesday, it is set to surpass petrol prices in next few days.

"Diesel price movement is sharper in international market and if oil companies follow the global price trend, diesel prices will surpass that of petrol later this week. It will be after many years that this would happen and is expected to sustain for some time unless government changes the tax structure of the petroleum products again," said an oil sector expert from one of the big four audit and advisory firms asking not to be named.

Interestingly, even in India the base price of diesel is expensive than petrol. According to the Indian Oil Corporation (IOC), while the base price of petrol in Delhi currently comes to Rs 22.11 per litre, the same for diesel is higher at Rs 22.93 per litre (effective from June 16, 2020). This has been the case for a long time, but retail price of petrol can be higher than diesel due to central and state taxes.

What has now brought diesel prices to a whisker of petrol prices in the capital is the Delhi government's decision early May to increase the Value Added Tax on diesel from 16.75 per cent to 30 per cent and on petrol from 27 per cent to 30 per cent. This increased the retail price of diesel and petrol in Delhi by Rs 7.10 and Rs 1.67 a litre respectively. With Central taxes on the two products already reaching identical levels, the Delhi governments move hastened price parity between petrol and diesel.

Currently, the Central excise on petrol is Rs 32.98 a litre while that on diesel it is Rs 31.83 a litre. The VAT on petrol in Delhi is Rs 17.71 a litre and that on diesel is Rs 17.60 a litre.

While the movement of retail pricing is being seen with a sigh of relief by vehicle owners whose cars run on petrol, those buying the relatively expensive diesel cars are now repenting on their decision. The development is also being seen with caution by automobile companies who have spent millions to ramp up their facilities for diesel run vehicles. The expectation is that demand for such cars will now fall, causing more damage to companies where sales are already impacted due to persistent economic slowdown and now the spread of COVID-19 pandemic.

"The pricing development would push automobile companies to strategies being followed by companies in the western markets where diesel run cars are not sold on fuel pricing differential, but on overall make and quality that puts them ahead of petrol run cars," the expert quoted earlier.

Yes, but for commercial vehicle sector the rising price of diesel had not been welcomed. In fact, the commercial transport sector had time an again threatened strike against the move to raise fuel prices.

With petrol and diesel retail prices closing, the case for adultering fuel has also gone down much to the relief of vehicle owners.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 13,2020

New Delhi, Jun 13: Petrol price on Saturday was hiked by 59 paise per litre and diesel by 58 paise as oil companies for the seventh day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 75.16 per litre from Rs 74.57, while diesel rates were increased to Rs 73.39 a litre from Rs 72.81, 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.

This is the seventh daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In seven hikes, petrol price has gone up by Rs 3.9 per litre and diesel by Rs 4.

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

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 the retail rates that was warranted because of a decline in international oil prices.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 20,2020

New Delhi, Apr 20: With 1,553 more COVID-19 cases, India's total number of coronavirus cases has reached 17,265, the Ministry of Health and Family Welfare said on Monday.

Out of the total cases, 14,175 cases are active, while 2,547 people have been cured/discharged/migrated and 543 deaths have been reported, as per the ministry.

As many as 36 deaths have been reported in the last 24 hours.

According to the Ministry of Health and Family Welfare, Maharashtra continues to be the worst-affected state with a total of 4,203 cases. While 507 patients have recovered, 223 deaths have been reported.

Delhi comes next with 2,003 cases, out of which 72 patients have recovered while 45 patients have died.

Rajasthan has confirmed 1,478 cases, out of which 183 people have recovered while 14 patients are dead.

Tamil Nadu has reported 1,477 cases, out of which 411 have recovered and 15 have succumbed to the virus.

Madhya Pradesh has reported 1,407 cases, including 127 patients recovered and 70 patients dead. On the other hand, Uttar Pradesh has 1,084 COVID-19 positive cases.

In Kerala, which reported the country's first COVID-19 case, 402 people have been detected positive for coronavirus.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.