Votes of youths will be bedrock of new India, says Modi

Agencies
December 31, 2017

New Delhi, Dec 31: Prime Minister Narendra Modi on Sunday urged youths, who turn 18 on Monday, to register as electors and said their votes would prove to be the bedrock of New India.

In his last 'Mann ki Baat' address of the year, he suggested that 'mock Parliament' be organised around August 15 in Delhi, comprising a young representative selected from every district of the country who would deliberate on how a new India could be formed in the next five years.

He said mock parliaments should be organised in every district before the proposed event in August in the national capital.

He said in the new year, people should take concrete steps to make a "progressive India" and also recounted an inspirational story of Anjum Bashir Khan Khattak, the topper of the Kashmir Administrative Service examination.

"He actually extricated himself from the sting of terrorism and hatred and topped in the Kashmir Administrative Examination. You will be surprised to know that terrorists had set his ancestral home on fire in 1990," Modi said.

He said terrorism and violence were so widespread there that his family had to leave their ancestral land and flee.

For a young child, such an atmosphere of violence could easily create darkness and bitterness in heart, but Anjum did not let it be so and he never gave up hope. He chose a different path, a path of serving the people, he said. He also recalled his meeting with young girls from the state and said he was amazed at the spirit that they had, the enthusiasm that was there in their hearts and the dreams they nurtured.

He said people born in the year 2000 or later would gradually begin to become eligible voters from January 1, 2018.

"The Indian democracy welcomes the voters of the 21st century, the 'new India voters'. I congratulate our youth and urge them to register themselves as voters.

"The entire nation is eager to welcome you as voters of the 21st century...your vote will prove to be the bedrock of new India. The power of the vote is the greatest strength of a democracy. It is the most effective tool in bringing about a positive change in the lives of millions of people," he said.

According to the Election Commission, 13,430,193 people who were 18-19 years of age voted in the 2014 Lok Sabha polls. "...new India will be free from the poison of casteism, communalism, terrorism and corruption; free from filth and poverty. In the New India everyone will have equal opportunity and aspirations and wishes of everyone will be fulfilled. New India will be a place where peace, unity and amity will be our guiding force," Modi said in his broadcast.

On cleanliness, Modi said a change can now be seen in the form of public participation in rural and urban areas alike.

He said cleanliness survey 2018, the largest in the world, will be conducted from January 4 to March 10 to evaluate the achievements of the mission in urban areas. This survey will cover a population of more than 40 crore in over 4,000 cities.

He said this Republic Day, not one but ten chief guests would grace the January 26 parade at Rajpath.

"...January 26, 2018 will especially be remembered through the ages. The Republic Day will be celebrated with leaders of all ten ASEAN (the Association of Southeast Asian Nations) countries coming to India as chief guests...this is unprecedented in India's history," he said.

He said, 2017 has been special for both Asean and India. While, Aseab completed 50 years of formation and India's partnership with Asean also completed 25 years.

"On January 26, the arrival of great leaders of 10 nations of the world as a unit is a matter of pride for all Indians," Modi said.

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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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News Network
May 29,2020

New Delhi, May 29: More than 38,000 doctors, including those retired from the Armed Forces Medical Services, have volunteered to help the government in its fight against COVID-19 pandemic, a senior official said on Friday.

On March 25, the government had made an appeal to doctors, including the retired ones, to come forward and join the efforts to fight the pandemic.

"38,162 volunteer doctors, including retired government, Armed Forces Medical Services, public sector undertaking or private doctors have signed up with the government to battle COVID-19 pandemic," the official said.

The official further said Niti Aayog has sent a list of names of these doctors to Ministry of Health and Family Welfare and National Disaster Management Authority (NDMA).

In a statement posted on Niti Aayog's website on March 25, the government had said those who wish to contribute to this noble mission may register themselves through a link provided on the Aayog's website.

"The Government of India requests for volunteer doctors who are fit and willing to be available for providing their services in the public health facilities and the training hospitals in the near future.

"We appeal to such doctors to come forward at this hour of need. You could also be a retired government, Armed Forces Medical Services, public sector undertaking or a private doctor," the statement had said.

It had noted that in case the outbreak leads to a high number of infected individuals, India's public health facilities will face tremendous load to take care of a large number of patients.

Many countries, including the US, Italy, the UK and Vietnam, had also urged retired health workers to come back to work amid the pandemic.

The number of COVID-19 cases in India has climbed to 1,65,799, making it the world's ninth worst-hit country by the coronavirus pandemic.

The Health Ministry on Friday said the death toll due to COVID-19 rose to 4,706 in the country.

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News Network
February 17,2020

New Delhi, Feb 17: Four death row convicts in the 2012 Nirbhaya gang rape and murder will be hanged on March 3 at 6 am a Delhi court said on Monday.

The Patiala House Court on Monday issued fresh death warrants against four convicts while hearing a petition by the state and Nirbhaya's parents.

Earlier, Delhi High Court on February 5 granted a week's time to the four convicts to avail of all legal remedies available to them and said that the convicts cannot be hanged separately since they were convicted for the same crime.

A Delhi Court had earlier issued a death warrant against the four convicts -- Vinay Sharma, Akshay Thakur, Pawan Gupta, and Mukesh Singh -- on January 7 and they were scheduled to be executed on January 22 at Tihar Jail. Later, the execution was suspended indefinitely by a Delhi court.

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