All you need to know about Godhra train burning case

Agencies
October 9, 2017

New Delhi, Oct 9: The Gujarat high court is likely to pronounce its verdict on a set of appeals challenging convictions and acquittals by a Special Investigation Team court in the 2002 Godhra train burning case on Monday, more than two years after the completion of hearings on the matter.

The judgement will be delivered by a bench of justice Anant Dave and justice GR Udhwani at about 11am.

Here’s all you need to know about the case:

Train set on fire

A coach of the Sabarmati Express was set on fire at Godhra on February 27, 2002. The blaze in S6 coach killed 59 Hindus, mostly karsevaks or volunteers returning from Ayodhya, where rival Hindu and Muslim groups are locked in a decades-old dispute over a religious site.

The train fire sparked three days of reprisal attacks across the state that left 790 Muslims and 254 Hindus dead, official sources say. And as many as 100,000 Muslims and 40,000 Hindus were rendered homeless in the riots. About 130 are still reported missing.

Probe into the carnage

The Nanavati Commission, appointed by the Gujarat government to probe the incident, concluded that the fire in the coach was not an accident but it was set on fire. The Sangh Parivar claimed the train fire was targeted at the Hindus, who were returning to Ayodhya after a pilgrimage.

A damning report of Mohinder Singh Dahiya, the then assistant director of Gandhinagar’s Forensic Studies Laboratory (FSL), concluded that the coach was set afire by someone “standing in the passage of the compartment near seat number 72, using a container with a wide opening about 60 litres of inflammable liquid has been poured and then a fire has been started in the bogie”.

The accused

The special SIT court on March 1, 2011, convicted 31 people and acquitted 63 in the case. While 11 people were sentenced to death, 20 were handed out life imprisonment.

The court convicted 31 people while accepting the prosecution’s contention that there was a conspiracy behind the incident.

All the 31 were convicted under various sections of the Indian Penal Code related to murder, attempt to murder and criminal conspiracy. Those acquitted included prime accused Maulana Umarji, the then president of Godhra municipality Mohammad Hussain Kalota, Mohammad Ansari and Nanumiya Chaudhary of Gangapur, Uttar Pradesh.

Later, several appeals were filed in the high court challenging the convictions, while the Gujarat government questioned the acquittal of the 63 people.

The 2002 Gujarat riots

There were SIT probes into the involvement of several political leaders, including Prime Minister Narendra Modi - who was then the Gujarat chief minister - for criminal conspiracy in the riots. Modi and others were cleared after the SIT filed a closure report on February 8, 2012.

Maya Kodnani, the women and child welfare minister in the then Modi government in Gujarat, was sentenced to life in prison for a separate case of rioting in Ahmedabad’s Naroda Patiya area, a verdict she has challenged. She has been on bail since 2014.

Comments

Althaf
 - 
Monday, 9 Oct 2017

When court is controlling by sangh parivar then what verdict we can expect ?? All verdict will be in favor of sangh parivar.

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News Network
March 23,2020

Dubai, Mar 23: The United Arab Emirates announced on Monday it will temporarily suspend all passenger and transit flights amid the novel coronavirus outbreak.

The Emirati authorities "have decided to suspend all inbound and outbound passenger flights and the transit of airline passengers in the UAE for two weeks as part of the precautionary measures taken to curb the spread of the COVID-19", reported the official state news agency, WAM.

It said the decision -- which is subject to review in two weeks -- will take effect in 48 hours, adding: "Cargo and emergency evacuation flights would be exempt."

The UAE, whose international airports in Abu Dhabi and Dubai are major hubs, announced on Friday its first two deaths from the COVID-19 disease, having reported more than 150 cases so far.

Monday's announcement came hours after Dubai carrier Emirates announced it would suspend all passenger flights by March 25.

But the aviation giant then reversed its decision, saying it "received requests from governments and customers to support the repatriation of travellers" and will continue to operate passenger flights to 13 destinations.

Emirates had said it will continue to fly to the United Kingdom, Switzerland, Hong Kong, Thailand, Malaysia, the Philippines, Japan, Singapore, South Korea, Australia, South Africa, the United States and Canada.

"We continue to watch the situation closely, and as soon as things allow, we will reinstate our services," said the airline's chairman and CEO, Sheikh Ahmed bin Saeed Al-Maktoum.

Gulf countries have imposed various restrictions to combat the spread of the novel coronavirus pandemic, particularly in the air transport sector.

The UAE has stopped granting visas on arrival and forbidden foreigners who are legal residents but are outside the country from returning.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

Comments

JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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