'BJP's attempts to divide have been defeated'

News Network
December 24, 2019

New Delhi, Dec 24: With the JMM-Congress-RJD alliance set to form the government in Jharkhand, several opposition parties on Monday linked the mandate to the CAA and the NRC, saying people have demolished "arrogance" of the BJP, which attributed its defeat to local issues and "internal strife" in the state.

Jharkhand Mukti Morcha's working president Hemant Soren, the chief ministerial candidate of the alliance, said with the electoral mandate, a new chapter begins which will prove to be a milestone.

Speaking to the media, he said the opposition partners will meet to chalk out the strategy for the future.

Congress president Sonia Gandhi said the JMM-Congress-RJD alliance's victory in the Jharkhand Assembly polls was of "extreme contemporary importance" and asserted that the people have defeated the BJP's attempts to divide the society on caste and religious lines.

Former Congress president Rahul Gandhi congratulated the party, its coalition partners and workers on the decisive victory of the alliance in Jharkhand, while party general secretary Priyanka Gandhi Vadra said the people want to hear from the government on employment, bread, water, forest, land, farming and trade, but the BJP tried its best to "divide the people to hide its failed politics".

"Today the public's answer has come. Congratulations to all the members of the grand alliance. Congratulations to Hemant Soren. Congratulations and love to the Congress workers," she said in a tweet in Hindi.

Meanwhile, outgoing Jharkhand Chief Minister Raghubar Das took responsibility for the electoral verdict, saying it was his defeat and not of the BJP.

Prime Minister Narendra Modi congratulated Soren for the victory and extended his best wishes to the alliance while BJP president Amit Shah said his party respects the mandate of voters and also expressed his gratitude to the people of Jharkhand for giving the BJP a chance to govern the state for five years.

In his tweets after the BJP lost power in the state, Modi said his party would continue serving it and raising people-centric issues.

With the polls outcome clearly giving a majority for the Soren-led alliance, Congress leader P Chidambaram said the BJP is not unbeatable and urged opposition parties to join forces against the ruling saffron party.

Congratulating Soren, West Bengal Chief Minister and TMC supremo Mamata Banerjee said people have faith that he would fulfil their aspirations.

Banerjee also said that elections were held amid protests over the Citizenship Amendment Act and the proposed countrywide NRC, and extended good wishes to the "brothers and sisters" of the neighbouring state for voting in favour of the JMM-Congress-RJD alliance.

The Sharad Pawar-led NCP said people of Jharkhand have demolished the "arrogance" of Modi and the saffron party president Shah.

The Shiv Sena, which recently severed ties with the BJP, said the Jharkhand polls have shown that people are not buying the saffron party's politics based on sentimental issues like the National Register of Citizens.

Delhi Chief Minister Arvind Kejriwal said the Jharkhand results appeared to be a verdict against the NRC and the CAA, and reflected the public reaction to the "arrogance" of the BJP visible across the country.

The Aam Aadmi Party (AAP) supremo also said the BJP leaders have "aggressively" campaigned in the last two phases of the Jharkhand Assembly polls, raising the issues related to the CAA and the NRC.

"Inability of local leadership to convince the electorate for repeat of the mandate and internal strife within the party also appeared to have a significant fall out. A detailed analysis will be done," he said.

BJP's face in the state Das faced a challenge from his former cabinet and party colleague Saryu Roy, who left the party after being denied ticket from Jamshedpur (West) seat. Roy contested the poll from the Jamshedpur (East), a seat held by Das five times, as an Independent and was leading by a huge margin.

"We have seen that local elections are increasingly influenced by the performance of the local government and local factors," Rao said, referring to recent assembly polls in Haryana and Maharashtra besides Jharkhand.

Asked about the impact of the CAA on Jharkhand elections, BJP vice president Shivraj Singh Chouhan said state elections are fought on different issues and rejected suggestions that the Jharkhand elections was a litmus test for the Act.

Congress General Secretary in-charge for Organization K C Venugopal said the results were a "substantive and clear mandate against divisive and disruptive political actions" of PM Modi and BJP.

The people of Jharkhand have rejected the anti-people and anti-constitutional policies of the BJP, he said in a statement.

Instead of talking about development in respective states or issues of common people, the BJP and PM Modi were trying to fool the people by their narrow minded divisive political actions and sectarian agenda, he alleged, adding that people of Jharkhand have given a befitting reply to them.

The AICC in-charge for Jharkhand, RPN Singh, said, "PM Modi and Union Home Minister Shah tried to divert the attention of people away from fundamental issues but people did not get swayed."

Reiterating that Soren of JMM will be the CM as declared earlier, Singh said Jharkhand results are a defeat of the BJP's "arrogance and diversionary tactics".

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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News Network
June 8,2020

Panaji (Goa)/Bhopal (Madhya Pradesh), Bengaluru(Karnataka)/New Delhi [India], June 8 (ANI): With the government allowing the re-opening of restaurants and eateries from Monday, these establishments re-opened across several states on Monday including in Goa, Madhya Pradesh and Delhi, with necessary precautions in place amid COVID-19 crisis.

Restaurants reopened in Panaji today after relaxations in lockdown.

Speaking to ANI, Goa Hotel and Restaurant Association President, Gaurish Dhond said, "We expect that not more than 25 per cent of restaurants will reopen because our labour force is dependent upon migrant workers who have gone to their homes".

"Every guest will be checked with a thermal gun, we will provide them with a sanitizer and a digital menu most probably. We would like to request our customers to pay online. Residential hotels are also allowed to operate and guidelines have been issued for them," he added.

Bars are not allowed to operate, he added.

While religious places across the country were thrown open today, worship places continued to remain closed in Goa till June 30.

In Bhopal restaurants opened but with fewer customers venturing to eat outside.

Speaking to ANI, C Kumaran, Manager, India Coffee House, New Market said, "We will conduct a temperature check for customers at the entry point. Then the customers will have to wash and sanitize their hands only then they will be allowed to sit inside. Only two persons will be allowed to sit on a four-seat table."

"This restaurant has a seating capacity of around 120 persons which has now been reduced to 50. Even in the kitchen, staff capacity has been reduced to 50 per cent," he added.

Meanwhile, malls re-opened in Bengaluru today, people along with staff members were allowed to enter inside Garuda Mall while maintaining social distancing.

"As per government norms, we are following all the preventive measures. Staff and other people are being sanitized and then only allowed inside the mall. The mall has been deep cleaned. People entering the mall should have Aarogya Setu App installed in their mobile phones if not, they will be sent back," said John Joseph, Manager, Garuda Mall.

Restaurants re-opened in the national capital as Delhi CM Arvind Kejriwal announced yesterday that all restaurants and malls are allowed to resume operations from today.

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Agencies
January 16,2020

New Delhi, Jan 16: In trouble brewing for the Gautam Adani-led M/S Adani Enterprises, the Central Bureau of Investigation (CBI) on Thursday said that it has registered a case against former officials of the National Co-operative Consumer Federation (NCCF) and others over alleged irregularities in supply of coal to the Andhra Pradesh Power Generation Corporation (APGENCO) in 2010.

The CBI in its FIR has named Virendra Singh, the then Chairman of the NCCF, G P Gupta, the then MD of the NCCF, S C Singhal, the then Senior Advisor of NCCF, Adani Enterprises Ltd and other unknown public servants and others for criminal conspiracy, cheating and criminal misconduct by public servants.

According to CBI, the case was filed on Wednesday after the preliminary enquiry revealed the crime by the officials named in the FIR and the Adani Enterprises was found to be true.

The FIR alleged that on June 26, 2010, APGENCO floated a tender enquiry for supply of six lakh metric tonnes of imported coal "on free on rail destination" basis to Dr Narla Tata Rao Thermal Station (NTTPS), Vijaywada and Rayalasaleema Thermal Power Plant (RTTP), Kadapa, Andhra Pradesh/RTPP via Kakinada-Vizag-Chennai-Krishnapatnam or any other ports

The same was forwarded by the Chief Engineer, APGENCO to seven PSUs -- PEC Limited, STC Limited, MSTC Limited, NCCF, MMTC, Coal India Limited and SCCL Limited.

The FIR alleged that during the probe, the Adani Enterprises used a proxy company to get the supply contract. It said, "NCCF received bids from six companies -- Adani Enterprises Ltd, Maheshwari Brothers Coal Limited (MBCL), Vyom Trade Links Pvt. Ltd, Swarana Projects Pvt. Ltd, Gupta Coal India Ltd and Kyori Oremen Ltd.

During investigation it was found that Gupta Coal India Ltd had quoted the NCCF margin of 11.3 percent, while the MBCL quoted the margin of 2.25 percent and rest did not quote any margin to the NCCF.

The FIR said the quotes of the Gupta Coal India Ltd, Kyori Oremen Ltd and Swarana Projects Pvt. Ltd were rejected by the NCCF as they were not found to be fulfilling the tender conditions.

"Post tender negotiation was done by senior officials of NCCF to give undue favour to Adani Enterprises Ltd despite it not qualifing the tender (terms)," the FIR said, adding instead of cancelling the bid of Adani Enterprise Ltd, senior management of NCCF conveyed the offer margin to the company through one of its representative -- Munish Sehgal, who was sitting in the NCCF head office. It is prima facie evident that when the bids were being processed at NCCF head office in Delhi, a representative of Adani Enterprises Ltd. was informed regarding their imminent rejection due to non-submission of NCCF margin and also that MBCL was eligible bidder quoted 2.25 percent margin," it alleged.

The CBI in its FIR, further alleged that Adani Enterprises Ltd. had given an unsecured loan of Rs 16.81 crore to Vyom Trade Links Ltd in 2008-09. "And further it was revealed that the bank guarantees of the Adani Enterprises Ltd. and Vyom Trade Links Ltd. were issues by the same branch of the State Bank of India and at the same time," it said.

"It was clear that Adani Enterprises Ltd. presented Vyom Trade Links Ltd. as a proxy company in this particular tender and Vyom Trade Links Ltd. later withdrew its offer on flimsy ground," the CBI FIR said.

"The aforesaid acts of commissions and omissions on the part of the senior management of the NCCF disclose that during their tenure, they acted in a manner unbecoming of public servants and committed irregularities by way of manipulation in the selection of bidders, thereby giving undue favours to Adani Enterprises Ltd. in award of work for supply of coal to APGENCO despite its disqualification," it added.

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