Those behind chit fund scams attacking me, claims Modi

November 21, 2016

Agra, Nov 21: Prime Minister Narendra Modi on Sunday said political leaders behind multi-crore chit fund scams are attacking him as they have been hit hard by demonetisation.

modichitModi’s remarks were seen as a sharp attack on West Bengal Chief Minister Mamata Banerjee.

The prime minister also hit out at the Congress saying governments in the past 70 years kept quiet on blackmoney because they were worried about losing power.

Addressing a ‘Parivartan rally’ here, Modi cautioned people holding Jan Dhan accounts not to allow themselves to be used for laundering the money of the rich by depositing their ill-gotten wealth as they could unnecessarily get into problems with the law.

“I know what sort of people are raising their voice against me. Does the country not know whose money was invested in chit fund business? Lakhs and crores of poor people invested money in chit funds. But with the blessings of politicians, crores and crores of rupees have vanished,” he said in barbs aimed apparently at Mamata, who had been rallying political leaders against the demonetisation decision. However, the prime minister did not name any leaders.

Veiled attack on Congress

Modi said previous governments did not take any step to check black money as they were worried more about losing power than about the country.

“For how long will the country keep quiet? They (previous governments) kept quiet for 70 years. Not because they were unaware of this disease. They worried less about country and more about power. That’s why they were not ready to take any step (to check it),” the Prime Minister said, in a veiled attack at Congress.

He said fake currency notes were pushed into the country and because of the demonetisation, the business of drugs and other narcotics have come to stand still. “This is a big jolt to the business of fake Indian currency,” the prime minister said.The prime minister said his demonetisation decision had severly hit the parties whose leaders seek money in lieu of tickets for contesting Assembly polls, in a veiled attack on BSP chief Mayawati, who has been facing such charges.

“I know some people have lost everything (because of demonetisation). (if) you have to become MLA, bring so many notes, then you will become an MLA. Notes had been stashed. What will happen to these notes? Whom did these notes belong to? Did these not belong to the poor and honest people? This game should come to an end,” Modi said here in the poll-bound state.

Comments

naren kotian
 - 
Monday, 21 Nov 2016

look at the comments ,it is well understood ... why burnol sales and itch guard sales went up in one particualr community dominatd areas ... hahaha instead of screaming one mullah also came and start commenting hahahaha.... jai sri ram ... we must over throw this jihadist menace and their empire built around with a parallel exconomy must be brutally crushed ... we are with you narendra modiji ... clamp down on all bhagyas ..

Arif
 - 
Monday, 21 Nov 2016

When more than 50% people do not have bank accounts and when 85% of the cash is removed from the market, mathematics say that something has to go wrong.

Ibrahim
 - 
Monday, 21 Nov 2016

No hope of recovery...... sab kuch khatam hogaya lagta hai

Skazi
 - 
Monday, 21 Nov 2016

What else we can expect from this Beef Exporter and Slave of Bellary reddy ....

abdullah
 - 
Monday, 21 Nov 2016

Chor sale andha hai kya ???
Thuje nazar nehi aatha desh me kya horaha hai our ghareeb log kitne mushkil utaarahehain there waje se...

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News Network
March 31,2020

Thiruvananthapuram, Mar 31: Kerala Chief

Minister Pinarayi Vijayan on Tuesday said the government has collected the details of those who took part from the state in recent religious congregations in Nizamuddin and Malaysia and it needs to be examined if they have any health issues.

"Police have already made detailed examination in this regard. Thelist of participants have been given through respectivedistrictcollectors. Necessary precautions will be made in the concerned districts in this regard," Vijayan told reporters here.

The government has the exact number of participants and thedetails of the districts they are hailing from, he said.

Meanwhile, Pathananthitta police said they have identified 6 persons in the district in connection with the Nizamuddin congregation.

"Three persons had taken part in the congregation, of them one hadalready died. One person is in quarantine in the district while theother is located now in Thiruvananrhapuram," a senior police officialtold PTI.

The others are not participants but had travelled to Delhi along with them, he said.

In the nearby Alappuzha district, three persons have been identified in connection with the congregation, police said.

"They have been in quarantine and under the surveillance of thehealth department since they have reached back the state from Delhi," another official said.

Several people, who had attended the religious congregation at Nizamuddin in the national capital are suspected to be having symptoms of Covid19, even as at least 24 have tested positive.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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News Network
January 12,2020

Ahmedabad, Jan 12: Union Home Minister Amit Shah on Saturday unveiled over 5.5 lakh postcards written by Ahmedabad residents to Prime Minister Narendra Modi, thanking him for the Citizenship (Amendment) Act.

The postcards were stacked on the dais as Shah addressed a gathering of BJP workers who formed letters `C A A’ in front of him.

The state BJP claimed that the party’s “largest awareness campaign” in support of the CAA had found a place in Limca Book of Records and World Record of India.

“It is not just words but a letter of thanks written from the heart. Our public outreach programme is a reply to the lies being spread against the CAA,” Shah said addressing BJP workers from his former Assembly constituency Naranpura.

The BJP had promised to enact the CAA in its manifesto, he said, asking why the Congress did not oppose it then.

Targeting Rajasthan Chief Minister Ashok Gehlot, Shah said, “Congress has a government in Rajasthan. The Congress party in that state had promised that Hindus and Sikhs from Pakistan would be given citizenship.

“Why do you oppose it when we fulfill the promise made by you?” the Union home minister asked.

“In 2006 and 2009, Ashok Gehlot wrote a letter for the same. We covered Hindus, Sikhs, Parsis, Christians, all of them under the Act, you had only mentioned Hindus and Sikhs,” Shah claimed.

Saying that Prime Minister Narendra Modi, by bringing in the CAA, granted “human rights to lakhs of people”, he asked why opposition was against it.

He challenged “Rahul Baba” (Congress leader Rahul Gandhi), Mamata Banerjee and Arvind Kejriwal to show if any provision of the CAA took away the citizenship of Indian Muslims.

“There is no such provision. Lakhs and crores of people have come to India from Pakistan, Bangladesh to save their religion, their self-respect, to save themselves. Where else will they go?” he asked.

“From the first prime minister of the country Jawaharlal Nehru to the first home minister, first president of the country, and Mahatma Gandhi himself had said that whoever comes to India from Pakistan will be granted citizenship. Hindus, Sikhs, Buddhists and Jains coming from Pakistan have nowhere else to go,” he said.

Comments

sompady
 - 
Sunday, 12 Jan 2020

From this figure its clear that most of BJP mebers are aganst CAA, Becuase its below 0.5% from Indian population.

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