Apologise if you can't fulfil black money promise:Oppn to govt

November 26, 2014

New Delhi, Nov 26: The government today came under a blistering attack from the opposition in Rajya Sabha on the issue of black money, with Congress asking it to apologise before people for "selling lies" or else fulfil the poll promise made to them.anand sharma

Initiating a discussion on black money, deputy leader of Congress Anand Sharma said that when the BJP leaders were in the opposition, they had "misled" the country by making tall promises of bringing back the black money stashed away abroad.

Sharma said Prime Minister Narendra Modi, during BJP's poll campaign, had claimed that black money was to the tune of Rs 85 lakh crore.

He said Modi had also said that black money stashed abroad is equal to five Union budgets and that it was enough to put Rs 15 lakh in the account of all Indian citizens.

The Congress leader said that after assuming office, there has been a change in stance of the Prime Minister and now the quantum of black money is no longer known.

"Today, November 26, 2014, exactly six months after the government has taken over, there is a three sixty degree turn on the issue...Earlier everything was known, now nothing is known," Sharma said.

He claimed that leaders of the ruling party were "neither sincere nor serious" in their talk about black money earlier.

Taking a dig at BJP's election slogan, he said "achche din (good days)" have come and people are waiting for Rs 15 lakh to be put in their accounts as promised to them.

He said that then BJP chief Rajnath Singh, now the Union Home Minister, had said that if BJP is voted to power, black money would be brought back within hundred days.

Sharma claimed that the UPA government had done a lot of work on the issue of black money. "What additional information has the government got in the last six months apart from the information that the UPA was able to obtain," he asked.

He asked the government to act and fulfil the poll promises and if they cannot they should tell the people, "We sold lies but now we will try as a government."

Sharma also expressed concern over the way black money can be circulated and could be at play in various sectors like real estate.

He said that in the last few years the debate on black money had been very very loud, very political and this issue had been used as a tool to attack the earlier government.

He also referred to the agitation led by yoga guru Ramdev on the issue.BJP MP Vijay Goel said Congress was attacking the Modi government on the issue of black money when it had not done much itself.

He said those blaming NDA on the issue, refuse to understand that it has only been in power for six months and steps have been taken to fulfil promises made to the people.

Goel said that it was for Congress to answer questions as to how black money was stashed abroad when the party ruled at the Centre. He said that for three years, despite Supreme Court orders, the UPA had not constituted an SIT on black money.

By constituting SIT, the Modi government had given a message that it was serious on the issue, he said.

Ramgopal Yadav (SP) said black money is a serious issue and it is weakening the real economy.

He said the government had made promises to the people and people had believed what Narendra Modi had said.

Yadav said NDA is in power and now it is its duty to get back black money.He said the consequences of not fulfilling these promises would not be pleasant.

Derek O'Brien (TMC) accused the BJP of running a multi-billion dollar election campaign and also alleged that the current government has no intention to bring back black money.

He said domestic black money comes back into the real estate and stock market via tax havens in the form of Participatory Notes (PNs). The TMC leader demanded that PNs should not permitted.

Senior JD-U Sharad Yadav said the government cannot bring back money stashed in off-shore accounts and demanded that the government should concentrate on recovery of non-performing assets of banks and create employment.

Yadav also took a jibe at Prime Minister Narendra Modi saying he himself has admitted in his 'mann ke baat' (aired on All India Radio) that no-one knows the amount of black money.

A Navaneethakrishnan (AIADMK) said government was capable of bringing back the illicit funds.

BSP chief Mayawati said huge quantity of illegal funds have been stashed in off-shore accounts since Independence and various political parties which ruled at Centre are responsible for that.

She said the main promise of BJP during elections was that black money would be brought back and every Indian would get Rs 15-20 lakh in their accounts. She said UPA government was not serious on the black money issue and so is the present BJP-led NDA government.

Terming the PNs as biggest source of black money, Sitaram Yechury (CPI-M) demanded ban on them. He said government should revisit most of the DTAAs.

Another way to deal with black money issue, he said, was electoral reforms to check poll spending of political spendings.

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Agencies
April 13,2020

With the beginning of Ramzan just about 10 days away, Maulana Khalid Rashid Firangi Mahali, the chairperson of the Islamic Centre of India and the Imam of Aishbagh Eidgah has issued an advisory to people on how to observe Ramzan during the lockdown.

In his appeal, the Sunni cleric, who is a member of the All India Muslim Personal Law Board (AIMPLB), has urged people that the holy month of Ramzan is likely to begin from April 25. The lockdown may also be extended beyond April 14.

"In this case, it is advised that people observe roza (fast) and do iftar (meal to break the fast) in the evenings at their homes. There should be no congregational prayers in the mosque but only at homes. Only those who stay or are staying at a mosque should pray there and that too while maintaining adequate social distance," said Maulana Khalid Rashid Firangi Mahali in a video message.

The cleric, in the 12-point advisory, has asked people to fast as is mandatory in Islam and to pray for the end of the pandemic, during the month of worship.

The advisory says that those who used to arrange for iftar of poor and needy persons at the mosque, should continue to do so this year as well but the food should be distributed to the needy.

"Those who conducted Iftar parties in Ramzan should give the money kept for it in charity. Not more than five people should be present at any time at a mosque," the cleric added.

Earlier for April 8 and April 9, both Shia and Sunni clerics had appealed to the people to stay indoors and pray on the occasion of Shab-e-Baraat, respectively. To ensure full compliance of the lockdown, the gates of several graveyards in the city were locked up by the caretakers since traditionally Muslims visit graves of their ancestors on Shab-e-Baraat--the night of Allah's forgiveness, to pray for their ancestors.

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News Network
February 3,2020

Bengaluru, Feb 3: India's manufacturing activity expanded at its quickest pace in nearly eight years in January with robust growth in new orders and output, a private survey showed on Monday, suggesting the economy may be getting back on firmer footing.

In response to the jump in sales, factories hired new workers at the fastest rate in more than seven years.

If sustained, the improvement in business conditions could point to a gradual economic recovery in coming months, as forecast by analysts in a Reuters poll last month, after growth slowed to a more than six-year low in the July-September quarter.

The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, jumped to 55.3 last month from 52.7 in December. It was the highest reading since February 2012 and above the 50-mark separating growth from contraction for the 30th straight month.

"The PMI results show that a notable rebound in demand boosted growth of sales, input buying, production and employment as firms focused on rebuilding their inventories and expanding their capacities in anticipation of further increases in new business," Pollyanna De Lima, principal economist at IHS Markit, said in a news release.

A new orders sub-index that tracks overall demand hit its highest level since December 2014 and output grew at its fastest pace in over seven and a half years, pushing manufacturers to hire at the strongest rate since August 2012.

Meanwhile, both input costs and output prices rose at a slower pace, indicating overall inflation may have eased after hitting a more than five year high of 7.35% in December, although probably not below the Reserve Bank of India's medium-term target of 4%.

That might keep the central bank, which cut its key interest rate by a cumulative 135 basis points last year, on the sidelines over the coming months.

"To complete the good news, there was also an uptick in business confidence as survey participants expect buoyant demand, new client wins, advertising and product diversification to boost output in the year ahead," added De Lima.

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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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