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Will not allow Abdullahs, Muftis to divide India: Modi

Agencies
April 14, 2019

Kathua, Apr 14: Prime Minister Narendra Modi on Sunday slammed the Abdullahs and Muftis, saying two families "ruined" three generations of Jammu and Kashmir and he will not allow them to "divide" India.

The prime minister was referring to NC leader Omar Abdullah's demand for a separate prime minister for Jammu and Kashmir.

The Abdullah and Mufti families have "ruined" three generations in the state. They laid seize to the state for three generations. For the better future of the state, they need to be voted out, he told a public rally here.

The bright future of Jammu and Kashmir can be ensured only after their departure. They can bring their entire clan into the field, can abuse Modi as much as they want but they won't be able to divide this nation, the prime minister said.

Campaigning for Minister of State in PMO Jitendra Singh, who is seeking re-election from Udhampur Lok Sabha seat, the prime minister said people in Jammu and Kashmir voted in large numbers in the first phase of polls and "rattled" terrorist leaders, opportunists and demoralised the "mahamilavat" alliance.

Modi said, "You have proven the strength of democracy in India, in the first phase of elections".

 Lashing out at the Congress, the prime minister said, "Congress had been infected with germs. The grand old party's manifesto promise that AFSPA will be removed from the state if they come to power to demoralise the security forces".

 "Can a patriot speak like this? Shouldn't our security forces have a safety net," he asked people at the rally.

Modi accused the Congress of politicising the Jallianwala Bagh Centenary.

"The Vice President was in Jallianwala Bagh for the government event. He paid tribute to martyrs but Congress CM was not there", he said, charging that nationalism was an insult for the opposition.

The Punjab chief minister, he said, insulted the Jallianwala Bagh memorial by not attending the government's memorial on the day of the centenary.

Modi said he can understand the kind of pressure on Amarinder Singh.

"I have known Capt Amarinder Singh for a long time. I have never raised a question on his patriotism. I can understand the kind of pressure which must have been put on him for this kind of 'Parivar bhakti", Modi said.

Referring to doubts raised by the Congress on the 2016 surgical strikes and IAF strikes in Balakot, he charged that Congress has never trusted the Indian armed forces.

"For the Congress, the Army is only a way of earning money," Modi charged.

Hitting out at the Congress for migration of Kashmiri Pandits from the Valley, Modi said the BJP is committed to bringing the community back to their land.

"The policies of Congress were responsible for Kashmiri Pandits leaving their homes in the valley", he said.

"The Congress was so concerned about their vote bank, that they pretended not to see atrocities against my Kashmiri Pandit brothers and sisters," he added.

The prime minister also referred to the 1984 Sikh riots and said the Congress was betraying the people by promising "Nyay".

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AbuShaheer
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Sunday, 14 Apr 2019

लो, कल्लों बात...

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News Network
April 7,2020

New Delhi, Apr 6: Kerala Governor Arif Mohammad Khan on Monday complimented his counterparts in other states for voluntarily accepting a 30 per cent cut in their salaries and allowances in the fight against coronavirus.

Talking to the news agency over the phone, Khan referred to the announcement in this regard made by the Centre on Monday and said he had already written to President Ram Nath Kovind, asking him to reduce his salary and allowances by 30 per cent.

"It is everyone's duty to do this when the country is fighting the pandemic. Even if it is more than 30 per cent of the salary cut, we have to accept it, he said.

The country is fighting an invisible enemy and it is everybody's duty to contribute to meet the challenge, the governor said.

Khan appreciated the LDF government in Kerala and Chief Minister Pinarayi Vijayan for taking "proactive" measures in containing spread of coronavirus.

"The government is keeping me informed about the measures taken by it and I on my part give them suggestions and ideas to tackle the menace," he said.

In Kerala, "We have a capable and competent government and over 80 per cent of patients in the state are those Indians who returned from abroad or foreigners. The community spread cases are very less, he said.

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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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Agencies
July 30,2020

New Delhi, Jul 30: Even as COVID-19 cases continue to surge in various parts of India, more than 1 million people have recovered and discharged till now, informed Rajesh Bhushan, Secretary, Ministry of Health, here on Thursday.

"More than 1 million people have recovered from COVID-19 in the country. This landmark recovery has been achieved because of the selfless work and dedication of our doctors, nurses and frontline workers," Bhushan said at a press conference.

Giving the number of cured persons, Bhushan said, "More than 1,020,000 patients have recovered. They have been discharged. It is a great achievement."

He said, "The recovery rate has shown positive trends. It was 7.85 per cent in April and today it is 64.4 per cent, which is another heartening news which tells us that whatever battle is put by the Union government in collaboration with state governments is showing results."

"Sixteen states of the country have a recovery rate that is more than the national average. Of these, Delhi has a recovery rate of 88 per cent, Ladakh 80 per cent, Haryana 78 per cent, Assam 76 per cent, Telangana 74 per cent, Tamil Nadu & Gujarat 73 per cent, Rajasthan 70 per cent, Madhya Pradesh 69 per cent and Goa 68 per cent," Bhushan said.

He said effective clinical management lead to a decrease in case fatality rate. In June it was 3.33 per cent and now 2.21 per cent.

Bhushan said the case fatality rate in India today is 2.21 per cent and it's among the lowest in the world. Twenty-four states and Union Territories have lesser fatality rate than that of the country.

Herd immunity in a country of the size and population of India can not be a strategic option. It can only be achieved through immunisation.

"Over 18,190,000 tests have been conducted in the country including RT-PCR and rapid antigen tests. There has been a week-on-week increase in average tests per day. India is conducting 324 test per 10 lakhs population per day," Bhushan said.

He added, three vaccine candidates, are in phase 3 clinical trial. These three are in the US, UK and China. In India, two indigenously developed vaccine candidates are in phase I and II of clinical trials. 

Trial of the first vaccine involves 1,150 subjects at eight sites, second on 1,000 subjects at five sites.

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