Varanasi fears polarisation as Kejriwal hits campaign trail

April 15, 2014

Varanasi, Apr 15: As political pitch gets stronger in this city of temples and weavers with the arrival of AAP chief Arvind Kejriwal, leaders across party lines are fearing a highly polarised scenario on religious lines ahead of Lok Sabha polls next month.

kej_modiWhile senior leaders from BJP dismiss the impact of any anti-Modi polarisation among Muslims, who account for about 18 per cent votes here and close to 30 per cent in urban areas, local leaders from various parties including the saffron party said there was a high probability of Muslim votes being polarised towards the strongest candidate against Gujarat Chief Minister Narendra Modi.
Local leaders from various parties including Congress, SP and BSP, also accused Kejriwal of trying to influence Muslims by projecting himself as the strongest candidate against Modi.

Soon after arriving here this morning, Kejriwal met Benares Shahar-e-Kazi Ghulam Nasir and sought his support. According to AAP leaders here, Nasir told Kejriwal that he would pray for his success.
Kejriwal also met some Balmiki Samaj leaders and visited areas populated by Dalits to seek their support. He is staying at the house of Viplav Mishra, brother of late Veerbhadra Mishra, who was mahant of Sankat Mochan Mandir, a Hanuman temple which is very popular among locals and people visiting Varanasi.
Kejriwal is likely to file his nomination on April 23, before which he may go to Amethi for a couple of days to campaign for party colleague Kumar Vishwas who is fighting against Congress Vice President Rahul Gandhi.
When asked whether BJP was wary of any anti-Modi polarisation among Muslim voters in favour of Kejriwal, party leaders dismissed such claims, saying Modi's win was a foregone conclusion and the fight was only about margins.
BJP's Nalin Kohli, who is camping here for elections, said it was not at all concerned about polarisation and the party was fighting the elections with agenda of 'one India, great India' and the new government would work for solving the problems faced by people of this country.
However, some other local BJP leaders accepted that there were apprehensions about polarisation of votes against Modi, but the quantum would not be enough to defeat the party's prime ministerial candidate and the 'ever-growing' wave in his favour.
On the other hand, Congress candidate Ajay Rai said that it was BJP which was working towards creating a polarisation on the religious lines and the party had done similar things in last Lok Sabha elections.
Rai went on to blame BJP of conspiring to put Muslim strongman leader Mukhtar Ansari in the fray so that minority votes get divided between him and Samajwadi Party. Rai had fought last Lok Sabha elections as a SP candidate, while Ansari was BSP candidate.
Since then, Ansari and his brothers have formed Qaumi Ekta Dal and is currently an MLA, while Rai is a Congress MLA right now. Ansari had earlier said he would fight against Modi, but recently decided against contesting Lok Sabha polls and has said he does not want anti-Modi votes to get divided.
Also in the fray is SP's Kailash Chaurasia, and BSP's Vijay Prakash Jaiswal and both the parties are putting their claims on minority, Dalit and backward votes.
SP's state secretary and UP Janjatiya Lok Kala Sanskriti Sansthan Chairman Manoj Rai Dhoopchandi said that the party would get huge support from minorities, backward and extreme backward caste voters as the state government has worked hard for their development.
"We are asking for votes on the basis of development work done by our government," he said, while accusing Kejriwal and Rai of trying to usurp SP's vote bank of minorities.
He said that the people of Varanasi would not be lured by them as they now that Kejriwal was an outsider and even Rai was wrongly claiming to be a local leader as his MLA constituency was hardly within Varanasi Lok Sabha area.
"Besides, people know that Rai is an ex-BJP leader and he has changed many parties, making him unacceptable among people here," he said.
Some Muslim leaders, on the other hand said, they do not want to be very vocal against Modi and the community is rather focussing on supporting candidates who can fight corruption or those who can work for local issues.
In 2009, there was reportedly huge polarisation against Ansari in Varanasi, and Murli Manohar Joshi could sail through by a small margin. Local leaders say that Joshi could muster enough support at the last moment after some other candidates pledged their support to BJP to defeat Ansari and they fear a similar situation against Modi this time.
Usman Gani, State Incharge of Momin Conference, which had been a major participant in Gandhian Khadi movement, categorically said that Aam Aadmi Party would fulfil the dreams of clean and secular India.
Surprisingly, neither has any major party announced any Muslim candidate so far for Varanasi seat, nor has any strong minority leader announced plans to fight independently.
Gani said he is hopeful that Quami Ekta Dal would also lend its support to Kejriwal as he was the only leader to stand up to the stature of Modi.
Momin Conference in Varanasi has been supporting AAP and it has given its own office to AAP in Sigra locality for election campaign purposes.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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Agencies
August 6,2020

The Indian Defence Ministry, which had in its document that China intruded into the Indian territory in eastern Ladakh in early May, on August 6 took down the page which it had uploaded on its website.

According to a report by news channel NDTV, the ministry, in its document, had said the Chinese aggression has been "increasing along the Line of Actual Control (LAC) and more particularly in Galwan valley since May 5."

"The Chinese side has transgressed in the areas of Kungrang Nala, Gogra and north bank of Pangong Tso Lake on May 17-18," the document, titled 'Chinese Aggression on LAC' stated.

The document revealed that "... a violent face-off incident took place between the two sides on June 15, resulting in casualties on both sides."

After the clash, a second corps commander level meeting took place on June 22 to discuss the modalities of de-escalation. "While engagement and dialogue at military and diplomatic level is continuing to arrive at mutually acceptable consensus, the present standoff is likely to be prolonged," it said.

A defence ministry spokesperson told the news channel that the document "did not go through him".

The opposition Congress, meanwhile, asked the government why the report was taken down with party leader Rahul Gandhi alleging that removal of the document from websites would not change facts.

"Forget standing up to China, India's PM lacks the courage even to name them. Denying China is in our territory and removing documents from websites won't change the facts," Gandhi tweeted.

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News Network
May 22,2020

New Delhi, May 22: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, were shifted across the board by three months.

As a result of this moratorium, individuals’ EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity.

The EMI payments will restart only once the moratorium time period expires on August 31.

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