Will Modi have courage to fight from Kerala, asks Shashi Tharoor

Agencies
April 7, 2019

New Delhi, Apr 7: Rahul Gandhi's decision to contest from Wayanad shows he has the confidence to win from both north and south India, senior Congress leader Shashi Tharoor said Sunday and asked whether Prime Minister Narendra Modi would have the courage to fight from a seat in Kerala or Tamil Nadu.

With Gandhi contesting the Lok Sabha polls from Kerala's Wayanad constituency, there is “palpable excitement” across the southern states that the next prime minister could be elected from the the region, Tharoor told PTI in an interview.

Tharoor also slammed Modi and the BJP for suggesting that Gandhi chose Wayanad to "run away" from majority dominated areas, saying the ruling party has repeatedly resorted to peddling bigotry. It was dismaying that this was coming from the prime minister, he added.

"By reinforcing his role as a torchbearer for the BJP's bigotry, Mr Modi has disregarded the principled position that a prime minister of India must be a prime minister for all Indians," he told PTI from Thiruvananthapuram.

Addressing a rally in Wardha in Maharashtra, the prime minister had said the opposition party was "scared" to field its leaders from constituencies where the majority dominates.

Tharoor claimed Gandhi's decision to contest from Wayanad comes at a time of "unprecedented strain" on the spirit of cooperative federalism that has held the country together since its Independence in 1947.

Under the BJP-led Centre, he alleged, relations between the southern states and the federal government have "steadily deteriorated" over a number of issues such as threats to the economic security of the south as well as the future of its political representation.

In that context, Gandhi has made a “bold statement” of intent to suggest he can be the bridge that repairs the growing north-south divide within the country, Tharoor said, adding that it also signals that the Congress chief has the confidence to win elections in both the north and the south.

"Can Narendra Modi make such a claim? Would he have the courage to fight for a seat in Kerala or Tamil Nadu?" the former diplomat turned politician asked.

His remarks come after Gandhi, who is fighting the Lok Sabha elections from his traditional bastion Amethi in Uttar Pradesh, on Thursday also entered the poll fray in Wayanad by filing his nomination papers from the constituency in Kerala.

Tharoor, who himself is seeking a third straight Lok Sabha term from Thiruvanathapuram, cited the "incredibly warm and rousing reception" Gandhi received in Wayanad and said it was reflective of the genuine spirit of celebration that has seized the south.

Asked if the message of support for the people of south India that Gandhi wanted to convey by contesting from Wayanad was well received, Tharoor said, "I think it certainly has and today as a result of his decision there is a palpable excitement across the southern states that the next prime minister of the country could be elected from the south."

Quoting Gandhi's statement that "south India feels hostility from Narendra Modi" and he wanted to send a message of support to the people there, Tharoor said a sense of confidence and reassurance is spreading across the region, including in Kerala and neighbouring Karnataka and Tamil Nadu.

Asked if the move could create a 'Rahul wave' in the south, Tharoor said, "In Kerala, it has had an invigorating effect among our workers particularly those working on the ground and we are already seeing a ripple effect of this 'wave' spreading across neighbouring Karnataka and Tamil Nadu.”

"… arguably, the implications of his decision have not just been prompted by a strategic choice to energise the Congress workers, but by a larger sense of duty and commitment," the former Union minister added.

Discussing the BJP's criticism of the move and the PM remarks at the Wardha rally, Tharoor said for the country to have a prime minister with such "well documented and blatant disregard for minorities" is one of the "greatest tragedies" of the five years of the present ruling dispensation.

It is also a “severe blemish" on the record of the illustrious men and women who have held the post before him,” he said.

"But for all this bigotry, the BJP has still not managed to open their account in Kerala and their chauvinistic ideals have been repeatedly rejected by the people of the state," the 63-year-old leader said.

According to him, Kerala's educated and inclusive electorate is once again going to offer "the same boot" to the BJP's hopes in the state.

Tharoor asserted the Congress chief will be one of the rare leaders in the country who enjoys a clear and demonstrated popularity in both the south and the north if he wins from both Amethi and Wayanad.

“And, most important, the south will be galvanised by the fact that its concerns are unlikely to be ignored by such a leader, one who will walk into Parliament on the back of their support," he said.

Asked if Gandhi's fighting from south also boost his credentials as a prospective prime minister, Tharoor answered in the affirmative.

Gandhi's decision to contest from the south is part of a larger outreach to the southern states and to demonstrate his electability among the voters of the south, he said. At the same time, the Congress president is also reiterating the party's historic commitment towards an inclusive India, the author-politician said.

Comments

Shiju
 - 
Monday, 8 Apr 2019

If bjp has guts let them ask Modi to contest agaisnt Rahul in Wynad, KIerala.   Modi is not willing to contest from his own state also.  

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
February 14,2020

Feb 14: R K Pachauri, a former chief of The Energy and Resources Institute, passed away on Thursday after a prolonged cardiac ailment, TERI Director General Ajay Mathur said.

He was 79.

"It is with immense sadness that we announce the passing away of R K Pachauri, the founder Director of TERI. The entire TERI family stands with the family of Dr Pachauri in this hour of grief," Mathur said in a statement issued by the TERI.

"TERI is what it is because of Dr Pachauri's untiring perseverance. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space," said Mathur, who succeeded Pachauri at TERI in 2015. Pachauri was admitted to Escorts Heart Institute in the national capital where he underwent open heart surgery and was put on life support on Tuesday, sources said.

In the statement issued by TERI, its Chairman Nitin Desai hailed Pachauri's contribution to global sustainable development as "unparalleled".

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News Network
January 28,2020

Mumbai, Jan 28: Flag carrier Air India has kept one of its 423-seater jumbo planes ready in Mumbai for the evacuation of Indian citizens from Wuhan in China in the wake of the coronavirus outbreak in that country, an official source said on Tuesday.

The airline is awaiting necessary approvals from the ministries of external affairs and health to operate the special flight, the source said. The health ministry's nod is required because the operating crew has to fly in a virus outbreak territory.

"We have kept a Boeing 747-400 ready in Mumbai to operate an evacuation flight to China whenever we get a go ahead from the government," the source said.

Some 250 Indians are to be evacuated.

At a meeting of top secretaries called by the cabinet secretary on Monday, the government decided to be prepared for possible evacuation of Indian nationals in Wuhan.

Accordingly, Ministry of External Affairs will make a request to the Chinese authorities for evacuation of Indian nationals, mostly students, stuck in Wuhan city. The Ministry of Civil Aviation and Ministry of Health will make arrangements for transport and quarantine facilities respectively, an official release said on Monday.

Wuhan along 12 other cities have been completely sealed by the Chinese authorities to stop the virus from spreading. The death toll climbed to 80 with 2,744 confirmed cases.

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