Tharoor seeks apology from UK for atrocities during colonial rule

November 5, 2016

New Delhi, Nov 5: An atonement or an apology by the British Prime Minister or the Queen will "wash away a lot" of the atrocities committed by Britain on India during its colonial rule, Congress leader Shashi Tharoor today said.

tharror"I would prefer instead an active atonement. An apology would go a long way. I am not expecting it today, tomorrow or anytime soon and certainly not during the visit of the new (Britain) Prime Minister (Theresa May)," Tharoor said, referring to May's visit to India next week.

He said an immediate step towards it would be to teach the realities of colonialism to British school children.

The Lok Sabha MP from Thiruvananthapuram was speaking at a book launch 'An Era of Darkness: The British Empire in India', which was launched by Vice President Hamid Ansari here.

Tharoor said, in the past German Chancellor and leader of the Social Democratic Party Willy Brandt visited the Warsaw ghetto and apologised to the Jews for the acts of the Nazis.

He also referred to Canadian Prime Minister Justin Trudeau, who in May this year, apologised for the Komagata Maru, a Japanese steamship, that arrived in Vancouver after leaving Hong Kong in early April. On board were 376 passengers, most of whom were Sikh migrants from what was then British India. The ship was not allowed to dock.

"It shows how required it is for a British leader of some significance either a Queen or the PM to simply say sorry. It will wash away a lot. You can't count value the loss of lives during the famine, of the massacres, the rapes, the loot that took place.

"Another thing that could happen would be if the British can make up by teaching their young generation about what happened in the past. After all the beauties of London were built from the resources extracted from the Common Wealth," the Congress leader said.

Speaking about the colonial legacy in Indian laws related to aspects like Freedom of Press and a one-day ban on a leading Hindi channel 'NTDV India', Tharoor said he was not happy about the "unusual punishment" meted out to the channel for its reporting of Pathankot terror attack.

He said all these are "troubling issues for the Indian democracy". Tharoor also hit out at the government for not repealing Section 377 of the Indian Penal Code. He had introduced a legislation in Lok Sabha, seeking repealing of the section.

"I find it somewhat ironic that a party of Hindutva, actually claiming to speak for a religion that has 2000 years of recorded tolerance for various kinds of sexual practises...

A religion where there is no recorded instances of persecution or prosecution of such practices, but people speaking for such a party have instead abandoned the option of being true to their own cultural traditions and instead accepted and embraced a Victorian moral code written by T B Macaulay in 1837, enacted in 1861 and abandoned by the British in late 1960s," he said.

Ansari said economic deprivation was one aspect of the colonial rule, but more serious was its impact on the minds of the subjugated and on the totality of their existence.

"The encroachment by the East India Company was piecemeal, and resentment or resistance was per force local. "It often took the shape of peasant uprisings motivated by economic deprivation of severe character often inflicted through physical brutality or ethnic prosecution. It was at times led by local landlords.

"Some of these conflicts involved large numbers but organized military confrontations, of the type with Tipu Sultan of Mysore, were the exception. Nevertheless, these popular resistance movements continued for almost a century," the Vice-President said.

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Hyda
 - 
Saturday, 5 Nov 2016

Tharoor hurts feeling of some who hate Bhagat Singh, Tippu Sultan and other Freedom fighters of India since they fought against forefathers of \Some\"."

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News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

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Agencies
March 8,2020

Thiruvananthapuram, Mar 8: Five more people from

Kerala have tested positive for coronavirus, Health minister, K K Shailaja said on Sunday.

All the five hail from Pathnamthitta district.

While three of them had returned from Italy on February 29, two others were their relatives, the minister said.

All the five have been isolated in Pathnamathitta general hospital and are under observation.

Their tests were confirmed on Saturday night.

Earlier, India's first three positive cases had been reported from the state.

All the three patients, medical students from Wuhan, have been treated and discharged from hospitals.

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News Network
March 27,2020

Srinagar, Mar 27: Over 180 people with undeclared recent travel histories have been traced and shifted into quarantine in Srinagar, officials said.
"COVID-19: Over 180 persons with undeclared recent travel histories have been traced and shifted into quarantine this past week in Srinagar. Some 200 more complaints are being verified. Just hoping no one is infected as it's just too hard to even imagine the possible consequences." Srinagar district administration tweeted.
The Ministry of Health and Family Welfare had earlier on Thursday reported 88 new COVID-19 cases, which is the highest in a single day, taking the total countrywide tally to 694.

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