Amit Shah to introduce Citizenship Amendment bill in Lok Sabha today

News Network
December 9, 2019

New Delhi, Dec 9: The contentious Citizenship (Amendment) Bill, that seeks to grant Indian citizenship to non-Muslim refugees from Pakistan, Bangladesh and Afghanistan, is all set to be introduced in Lok Sabha on Monday by Union Home Minister Amit Shah.

Through this bill, Indian citizenship will be provided to the members of Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities, who have come from the three countries to India till December 31, 2014, facing religious persecution and put an end to them being treated as illegal immigrants in the country.

The bill, to be introduced in the afternoon by Shah, has evoked mixed reactions from the various sections of the society and the political parties.

While BJP, which made it a part of its election promise both in 2014 and 2019, had issued a three-line whip to its Lok Sabha MPs asking them to be present in the House when the bill is introduced on Monday till December 12, reveals its intent to clear the bill, the Congress and other regional parties from the North-East have been vocal in opposing it from the very start.

Earlier yesterday, Leader of Congress in Lok Sabha, Adhir Ranjan Chowdhury, had said that the party will oppose the Citizenship Amendment Bill "tooth and nail" in Parliament, alleging that it is in "violation" of the Indian Constitution.

"We will oppose the Citizenship Amendment Bill tooth and nail because it is in violation of our Constitution, secular ethos, tradition, culture and civilisation," he told reporters after the Congress parliamentary strategy group meeting held at interim party president Sonia Gandhi's 10 Janpath residence here.

Several Congress leaders including Ghulam Nabi Azad, Gaurav Gogoi and AK Antony had taken part in the meeting held at Gandhi's residence.

The issue of CAB also divided the one-time allies, with parties like the Bahujan Samaj Party (BSP), first terming the bill "divisive and unconstitutional'' and then went on to add that it would support it "if the central government takes the right decision for the benefit of the country and its people."

Meanwhile, BJP's former ally, Shiv Sena, is yet to clear its stand on the CAB.

While the party had been supportive of the bill during its alliance with BJP in Maharashtra and the centre, its sentiment post-forming government with the Congress and NCP in the state have changed. This was revealed in the editorial column of the party mouthpiece, Samna, on Monday which carried an article questioning whether the whole exercise was part of a 'vote-bank politics' exercise by the BJP.

Apart from this, several students and indigenous people's rights organisations such as the All Assam Students' Union (AASU) and the Indigenous People's Front of Tripura (IPFT), through marches and calling for strikes, have also carried out protests against the CAB.

It is important to note that the Bill was passed by the Lower House of the Parliament earlier this year but lapsed with the term of the previous Lok Sabha in the first term of the Prime Minister Narendra Modi government in the Centre.

Comments

Muslim Army
 - 
Monday, 9 Dec 2019

so much afraid of muslims...that was the pride give by our lord to muslim people in the earth...

 

what ever the dogs number may be....ultimate victory only for LIONS.

 

Proud to be muslim

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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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News Network
March 9,2020

New Delhi, Mar 9: The Delhi Police Special Cell on Monday arrested a PFI member Danish from UP''s Moradabad for allegedly spreading fake propaganda during anti- CAA protests.

"Danish was the head of the Counter Intelligence Wing of PFI and has been actively participating in the anti-CAA protest across the city," sources in the Delhi Police Special Cell said.

Sources further claimed that his arrest has given clues regarding the Information war by the Popular Front of India (PFI).

The FIR related to the protest was filed by the Crime Branch but since the larger conspiracy regarding the Delhi riots is being probed by the Cell, the matter has been transferred to them.

Delhi Police Special Cell had on Sunday arrested a Kashmiri couple from Okhla for alleged links with Islamic State (IS) Khorasan module.

The couple have been identified as Jahanjeb Sami (husband) and Hinda Bashir Beg (wife). The police have seized some objectionable material from them and were interrogating them.

When asked about the couple, the sources said, "Officers of CERT-In are analysing the Eight Mobile phones and Laptop of the couple to question them further."

The couple being an active member of ISJ&K was operating from the Valley but later shifted their base to Delhi post internet clampdown.

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Agencies
January 7,2020

New Delhi, Jan 7: Services at various bank branches and ATMs are likely to be affected as hundreds of employees will go on a bank strike across the country on Wednesday.

The bank strike is part of the Bharat Bandh call given by trade unions to protest against the labour reforms and economic policies of the Central government, according to reports.

The protestors' main demand during the Bharat Bandh is that the Centre should drop the proposed labour reforms.

A Bill in this regard was passed and proposes to merge 44 labour laws into four codes -- wages, industrial relations, social security, and safe working conditions.

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