Was 'first Satyagrahi' against Emergency, says Jaitley

Agencies
June 24, 2018

New Delhi, Jun 24: Union Minister Arun Jaitley on Sunday recalled how more than four decades ago the government led by Prime Minister Indira Gandhi imposed 'phoney' Emergency, turning democracy into a constitutional dictatorship.

Indira Gandhi imposed Emergency on June 25, 1975, on account of international disturbances, suspending key fundamental rights guaranteed under the Constitution to every citizen.

"It was a phoney emergency on account of proclaimed policy that Indira Gandhi was indispensable to India and all contrarian voices had to be crushed. The constitutional provisions were used to turn democracy into a constitutional dictatorship,” said Jaitley in a Facebook post, the first part of the three-part series titled 'The Emergency revisited'. The second part of the series will come tomorrow.

Jaitley further said that he became the first Satyagrahi against Indira Gandhi government's draconian move and was lodged in Tihar Jail for organising a protest meeting on June 26, 1975.

On the midnight of June 25-26, 1975 several prominent political leaders of the opposition parties were arrested.

"I led a protest of Delhi University Students where we burnt an effigy of the Emergency and I delivered a speech against what was happening. The police had arrived in large number. I got arrested only to be served a detention order under the Maintenance of Internal Security Act. I was taken to Delhi’s Tihar Jail for the purpose of detention.

"I thus got the privilege for organizing the only protest on the morning of 26th June 1975 and became the first Satyagrahi against the Emergency. Little did I realize that at a young age of 22 years, I was participating in events which were going to be a part of history. For me, this event changed the future course of my life. By late afternoon, I was lodged in Tihar Jail as a MISA detenu," he recalled.

Jaitley said the years 1971 and 1972 were high points in the political career of Gandhi as she challenged the senior leaders of her own party and a grand alliance of opposition party.

"She won convincingly the 1971 General Elections. She was the key centre of political power for the next five years. There was no challenge to her within her own party," Jaitley wrote in the Facebook post.

He said during the decades 60s and 70s, the average growth rate of GDP had only been 3.5 per cent. Inflation in 1974 touched a staggering 20.2 per cent and reached 25.2 per cent in 1975. Labour laws were made more stringent and these led to a near economic collapse.

There were large-scale unemployment and the unprecedented price rise. Investment in the economy had taken a back seat. To make matters worse FERA was enacted. The Foreign Exchange resources in 1975 and 1976 were a mere USD 1.3 billion, he said.

"The tragedy of Mrs Indira Gandhi politics has she preferred the popular slogans over sound and sustainable policies. The Government with a huge electoral mandate at the Centre and the States continued in the same economic directions which she had experimented in the late 1960's," Jaitley said, adding Gandhi believed that India's slow growth was on account of smuggling and economic offences.

"By 1973, it became apparent that the Government had no intention of changing a disastrous economy path on which it had embarked. Its political strategy was instrumental in the Government losing the sympathy of the intelligentsia," he said.

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Agencies
January 14,2020

Aligarh, Jan 14: Uttar Pradesh Minister Raghuraj Singh has courted a major controversy after he said that people who raise slogans against Prime Minster Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath "would be buried alive".

The minister said this on Sunday while addressing a rally in Aligarh to muster support for the Citizenship Amendment Act (CAA) 2019.

"If you raise slogans against Prime Minister Narendra Modi or Chief Minister Yogi Adityanath, I will bury you alive," he threatened.

He was apparently referring to protests held by students of Aligarh Muslim University against the CAA during which they allegedly raised slogans against the Prime Minister and the chief minister.

The minister further said: "These one per cent people are opposing the CAA. They stay in India, eat up our taxes and then raise 'murdabad' slogans against the leaders. This country belongs to people of all faiths, but slogan shouting against the Prime Minister or chief minister is unacceptable."

He also launched an attack on India's first Prime Minister Jawaharlal Nehru. "What was Nehru's caste? He did not have a 'khaandan'," he claimed.

Raghuraj Singh is minister of state in the labour ministry in Uttar Pradesh.

Comments

Sharief
 - 
Wednesday, 15 Jan 2020

All will be burried alive including you.

Oh coward, do not bark with your majority stupids and illeterates.

Face 1 to 1.

 

You will know the result

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News Network
February 11,2020

New Delhi, Feb 11: The government has decided to rename National Institute of Financial Management (NIFM), Faridabad, as Arun Jaitley National Institute of Financial Management, an official statement said on Tuesday.

Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service. The Union Finance Minister is the President of the NIFM Society.

"Aligning the vision and aspiration of the Institute for the future with the vision and contribution of late Arun Jaitley, the Government has decided to rename National Institute of Financial Management (NIFM) as the Arun Jaitley National Institute of Financial Management(AJNIFM)," the statement said.

NIFM has become a premier resource centre to meet the training needs of the central government for senior and middle level of management in the fields of public policy, financial management, public procurement and other governance issues for promoting highest standards of professional competence and practice.

Padma Vibhushan awardee Jaitley was the Union Minister for Finance and Corporate Affairs during May 26, 2014 to May 30, 2019.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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