Will oppose Land Acquisition Bill at any cost, says Shiv Sena

February 26, 2015

Mumbai, Feb 26: Stepping up its resistance against the land acquisition law, the Shiv Sena today said it will fiercely oppose the bill and not commit the sin of "damaging" the interest of farmers at the cost of being in power.

Shiv Sena Land Acquisition BillCalling it as a "draconian" law that will finish off the very existence of farmers, the BJP-ally in Maharashtra said the Government cannot budge an inch forward by "insulting" the struggle of farmers assembled at Jantar Mantar in Delhi under activist Anna Hazare's leadership.

"The government has shocked everyone by bringing in the ordinance. Will oppose the (land acquisition) bill at any cost," Sena said in a editorial in the party mouthpiece Saamna.

Charging that the government was helping corporates acquire land of farmers, it said questions are being raised if the government is in the role of a (real) estate agent.

"Farmers are reeling under huge debt burden but instead of doing something on that front, if the government is bent on gobbling up their land, then the fire of discontent will spread," it said.

"We will not commit the sin of damaging interests of farmers at the cost of being in power," the party said.

Shiv Sena president Uddhav Thackeray had yesterday asked his party's workers to inform farmers in the state about the "ill effects" of the Land Acquisition Bill in the present format.

"People should know the stance we have taken. For this, Sena workers will propagate the ill effects (of the land acquisition ordinance) among farmers," senior Sena leader Subhash Desai had said, after Uddhav addressed a meeting of party functionaries here.

"Henceforth, (the government) will have to pay heed to others when it comes to important decisions. There is no question of making a U-turn on this issue," Desai, who is the state industry minister, had said.

Uddhav had on Tuesday said that there was no question of supporting any law that went against the interest of farmers, reminding BJP that farmers had brought it to power by placing their trust in the party.

"Do not commit the sin of squeezing the throat of the farmers," he had said, adding, the party wasn't opposed to economic development but could not allow it to take place through forced acquisition of land.

The government faced resistance from several corners yesterday as Congress took to streets in Delhi, while its own allies like Shiv Sena, Akali Dal and the LJP also voiced their strong concerns against the bill.

The Centre had issued the ordinance in December to exempt projects in defence, rural electrification, rural housing and industrial corridors from provisions of a law enacted by the previous Congress party government that mandated the consent of 80 per cent of affected landowners for any deal.

The controversial measure also ends the need for companies to conduct a social impact study of such projects, which would involve public hearings and, industry executives fear, that drag on for years.

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News Network
May 15,2020

Thiruvananthapuram: Kerala activist Rehana Fathima has been asked to take compulsory retirement from BSNL after she was embroiled in Sabarimala row.

Stating that her attempt to enter the shrine of celibate god in 2018 had spoiled the reputation of the company among customers, the BSNL, in its order asked her to take compulsory retirement, further claiming that her acts were “subversive of discipline and amount to misconduct”.

She was suspended from service following her arrest in November 2018 over Facebook posts.

Fathima, who is a technician with the state-run communications company, said she will explore legal remedies against the order sent by her employer.

The Fathima hit headlines when she attempted to enter the Sabarimala shrine, which has traditionally been closed to women in the age group of 10-50 years.

She did after the Supreme Court order allowing entry of women in the age group of 10-50.

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News Network
May 11,2020

New Delhi, May 11: Shares of Indian Railway Catering And Tourism Corporation (IRCTC) jumped 5 per cent in early trade on Monday after the Indian Railways said it will gradually resume passenger train services from May 12.

The company's shares gained 5 per cent to Rs 1,302.85 -- its highest trading permissible limit for the day -- on the BSE. At the National Stock Exchange (NSE), it rose 5 per cent to Rs 1,303.55 -- its upper circuit limit.

Booking for reservation in these trains will start at 4pm on May 11 and will be available only on the IRCTC website.

The Indian Railways will gradually resume passenger train services from May 12 and will ask passengers to arrive at the station at least an hour before departure, the national transporter said on Sunday.

Initially, the all air-conditioned services will begin on 15 Rajdhani routes and the fare would be equivalent to that of the super-fast train, it said.

The special trains will run from New Delhi to Dibrugarh, Agartala, Howrah, Patna, Bilaspur, Ranchi, Bhubaneswar, Secunderabad, Bengaluru, Chennai, Thiruvananthapuram, Madgaon, Mumbai Central, Ahmedabad and Jammu Tawi.

All passenger services were suspended due to a lockdown announced on March 25 and the railways later started the on-demand Shramik Specials to ferry migrants stranded across the country. It, however, has been running freight and parcel services.

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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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