Armed Forces veterans write to PM Modi condemning attack on Muslims, Dalits, Media 

coastaldigest.com news network
July 31, 2017

A group of 114 armed forces veterans have written an open letter to Prime Minister Narendra Modi condemning the recent attacks on Muslims and Dalits in the country. The Armed Forces comprise of the Indian Army, Indian Navy, and Indian Air Force.

The veterans expressed frustration over the relentless vigilantism of the self-appointed protectors of Hinduism. In the letter, the veterans said they stand with the ‘Not in My Name’ campaign and that the Armed Forces stand for “Unity in Diversity”. They added the current situation in the country is that of fear, intimidation, hate and suspicion. They also condemned the ‘clampdown’ on freedom of speech.

Full text of the letter

We are a group of Veterans of the Indian Armed Forces who have spent our careers working for the security of our country. Collectively, our group holds no affiliation with any single political party, our only common commitment being to the Constitution of India.

It saddens us to write this letter, but current events in India have compelled us to register our dismay at the divisiveness that is gripping our country. We stand with the ‘Not in My Name’ campaign that mobilised thousands of citizens across the country to protest against the current climate of fear, intimidation, hate and suspicion.

The Armed Forces stand for “Unity in Diversity”. Differences in religion, language, caste, culture or any other marker of belonging have not mattered to the cohesion of the Armed Forces, and servicemen of different backgrounds have fought shoulder to shoulder in the defence of our nation, as they continue to do today. Throughout our service, a sense of openness, justice and fair play guided our actions. We are one family. Our heritage is like the multi-coloured quilt that is India, and we cherish this vibrant diversity.

However, what is happening in our country today strikes at all that the Armed Forces, and indeed our Constitution, stand for. We are witness to unprecedented attacks on society at large by the relentless vigilantism of self-appointed protectors of Hinduism. We condemn the targeting of Muslims and Dalits. We condemn the clampdowns on free speech by attacks on media outlets, civil society groups, universities, journalists and scholars, through a campaign of branding them anti-national and unleashing violence against them while the State looks away.
 

Comments

Kamath
 - 
Monday, 31 Jul 2017

Where was the #notinmyname brigade when atrocities in Bengal came to light ?

Sukesh
 - 
Monday, 31 Jul 2017

Let the-divisive forces raising their heads after British left be taught a lesson that India chose to be a secular nation and in the grab of cow vigilante these wolves have no place in our society. Mob lynching is threating the fabric of our nation and it is the duty of all of us to be vigilant and save the nation from the clutches of these self styled but supported by the ruling outfits.

Truth
 - 
Monday, 31 Jul 2017

These are the bunch of scamsters who thrived in the Scangress regime and are feeling increasingly out of place.

Unknown
 - 
Monday, 31 Jul 2017

These are the veterans who were busy doing all sorts of scams under the Scamgress regime and now are feeling lost in the new regime.

Suresh Kumar
 - 
Monday, 31 Jul 2017

This Modi has given us nothing but filled the entire country n spread so much hatred.. that ll take decades to get rid off.. I apologies to everyone that me n my family voted for him... will never EVER happen again

Sangeeth shetty
 - 
Monday, 31 Jul 2017

Feku and so called bakths making money and utilising in the name of indian army and patriotism

Rakesh
 - 
Monday, 31 Jul 2017

No use. If feku intented to do something, he will do.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
June 20,2020

Mangaluru, June 20: A teenage boy lost his life after accidentally drowning in Netravati River at Boliyar village on the outskirts of the city yesterday.

The deceased has been identified as Mohammed Fazil (15), a resident of Nadupadavu village near Konaje. 

According to his family sources, Fazil had been to work in a horticultural land along with his friends on Saturday afternoon. 

On his way back he went to the river to wash his hands and legs. However, he lost his balance in the river and drowned, police sources said.

His body was retrieved at 2 p.m. A case was registered at jurisdictional Konaje police station.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 12,2020

Mangalore, Jan 12: Thieves reportedly stole around 70,000 cash from a MESCOM ATP machine located at Chembugudde in Thokkottu, Police said here on Sunday.

Police said that the theft took place in the MESCOM sub-division office at Chembugudde. It was said that the thieves broke open the room where the MESCOM customers bill payment machine was located and stole 70,000 rupees cash from the ATP machine.

This machine had nine lakh rupees cash. The amount was reported to have been transferred at around 1500 hrs on Saturday.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.