BJP’s priority is development, not votes: PM Modi

Agencies
September 23, 2017

Varanasi, Sept 23: Prime Minister Narendra Modi today lashed out at his political rivals, saying for BJP, politics was not for the sake of votes as it considered the country's development as the top-most priority.

Addressing a public meeting after inaugurating a 'Pashu Arogya Mela' (cattle health fair) here on the second day of his two-day visit to his Lok Sabha constituency of Varanasi, he also promised to double farm income and provide homes for the homeless by 2022.

He said his government had "waged a war" against black money and corruption, for which the poor have had to suffer because of "the loot" by the dishonest. "Our (BJP) politics is not for votes, our culture is different. In politics, people do only that task which yields votes, but our character is different.

"Some politicians work only when it fetches them votes. But we have been brought up in a different culture. ... For us, the nation is above all and it is our top-most priority, not votes," Modi said. Referring to the mega animal fair being organised for the first time on 1800 acres of land here, he said "these animals don't go to cast their ballot. They are not anyone's voters."

He said proper healthcare of the cattle through such initiatives, would help increase milk production in India which is lower than in several countries.

Encouraging the farmers to adopt dairy and animal husbandry as alternate sources of income, Modi said such initiatives would lead to "a new path of progress" that would not only raise farmers' income but also the overall income.

Maintaining that crore of families are still homeless, he said the government has decided to provide each of the urban and rural poor, a shelter by 2022 when the country celebrates the 75th year of independence.

"When crores of houses are built across the country, it will require bricks, cement, iron and wood. It will generate jobs for thousands and open up new avenues of income and employment," the Prime Minister said. Modi, who distributed Pradhan Mantri Awas Yojana certificates to some beneficiaries, said "By 2022, every poor, whether in the urban or rural area, will get a home. Building crores of homes will generate jobs and income." "If Modi will not take up such an arduous task, who else will," he posed.

He also targeted the erstwhile Samajwadi Party government in Uttar Pradesh for not providing to the Centre the list of homeless requiring houses in the state.

"The previous government had no interest in giving homes to the poor. After mounting pressure, they gave a list of only 10,000. But the current (Yogi Adityanath) government has given a list of lakhs of people to avail benefit," Modi said. Referring to his government's cleanliness drive, he said toilets at home can save up to Rs 50,000 per annum as per a survey. Praising villagers, where he went for laying the foundation of a toilet for naming it as "Izzatghar", Modi said, "I liked this word so much. 

Where there is Izzatghar, there is the honour of our mothers and sisters. I also congratulate the state government for recognising it as Izzatghar. In the days to come those who are concerned about their honour will construct Izzatghar." Thanking Chief Minister Yogi Adityanath for organising health treatment for cattle programme, Modi said cattle were brought here from different places and specialist doctors are here to treat them. 

"I hope such programme for the health of cattle will be held across the state through which we will take care of cattle of poor. It will be a relief for them," he said. Modi said such camps would help poor farmers who could not afford treatment to their animal because of poverty and pointed out that dairy farming gave them a major economic support. Earlier, he went to the animal shelter and even patted some cows at the 'gau shala'. 

He spoke to the staff there enquiring about their work. Modi said that the government has kickstarted a big battle against black money, corruption and dishonesty. "A common honest man suffers as corrupt used to loot him. The campaign of honesty is going ahead like a festival. The way in which our trader brothers are associating with GST and Aadhar. 

Every penny of people will be spent for their welfare. We are moving forward fast," he said. On the first day of his visit, Modi inaugurated 17 infra projects worth over Rs 1000 crore including the Ramnagar-Samne Ghat bridge and the Balua Ghat bridge. He also flagged off the third Mahamana Express train between Varanasi and Vadodara.

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News Network
January 24,2020

Jan 24: India’s economy appears to be shaking off a slump, as activity in the services and manufacturing sectors expanded for a second straight month in December.

The needle on a gauge measuring so-called animal spirits signaled the economy may be taking a turn for the better, as five of the eight high-frequency indicators tracked by Bloomberg News came in stronger last month. The dial was last at the current position in August.

“Animal spirits” is a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action, and the gauge uses the three-month weighted average to smooth out volatility in the single-month numbers.

The nascent recovery would need a helping hand, with expectations building that Finance Minister Nirmala Sitharaman will provide some stimulus when she presents the budget Feb. 1. Official forecasts show the economy is set to expand at 5% in the year ending March 2020 -- the weakest pace in more than a decade.

Here are the details of the dashboard:

Business Activity

The dominant services index rose to the highest level in five months in December as improving new work orders helped boost activity. The seasonally adjusted Markit India Services PMI index climbed to 53.3 from 52.7 in November, helping post a strong end to the calendar year.

India’s manufacturing PMI also rose -- to 52.7 from 51.2 a month ago -- boosted by the fastest increase in new orders since July. A reading above 50 means expansion while anything below that signals contraction.

The uptick in business confidence was accompanied by a rise in inflationary pressures, the survey showed. That trend may keep monetary policy makers from resuming interest-rate cuts anytime soon, leaving most of the heavy-lifting to boost growth with the government.

“The relative stability in macro indicators over the past two months suggests that the worst is behind, but the recovery is likely to be prolonged,” said Teresa John, an economist at Nirmal Bang Equities Pvt. in Mumbai. “Still, sluggish growth and rising inflation indicate that India may well remain in stagflation for most of 2020.”

Exports

Exports remained a laggard, falling 1.8% in December from a year ago. The drag was mainly because of a fall in export of engineering goods, which constitute a third of India’s non-oil exports.

Capital goods imports continued to contract and was lower by 16.5% year-on-year in December after a 22% drop in November. This was the seventh consecutive month of continuous decline, underscoring the weakness in the capex cycle, according to IDFC First Bank.

Consumer Activity

Weakness in demand for passenger vehicles persisted, with local sales falling 1.2% in December from a year ago, according to the Society of Indian Automobile Manufacturers. That capped the worst yearly passenger vehicle sales on record. A Nielsen study on demand for fast-moving consumer goods showed volume growth dropped to 3.5% in the last quarter of 2019 from 3.9% in the same period of 2018.

Funding conditions held out hope, showing considerable improvement in December, according to the Citi India Financial Conditions Index. Credit growth remained tardy though, with demand for loans rising at a slower 7.1% pace from a year ago compared with a nearly 8% growth in November.

Industrial Activity

Industrial output rose for the first time in four months in November. The pick up was broad-based, led by mining, manufacturing and electricity. Mining and manufacturing, in particular, posted a second month of sequential growth. Production of consumer goods also rose after a few months of contraction.

The index of eight core infrastructure industries, which feeds into the index of industrial production, however, declined 1.5% in November from a year ago -- the fourth straight month of contraction. That was on account of shrinking production of electricity, steel, coal, natural gas and crude oil. Both the core sector and industrial output numbers are reported with a one-month lag.

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Agencies
February 6,2020

New Delhi, Feb 6: Unemployment rate in the country as per a new survey was 6.1 per cent in 2017-18, the government informed Rajya Sabha on Wednesday.

Minister of State for Labour Santosh Gangwar said the government is conducting a new Periodic Labour Force Survey (PLFS) with new parameters and bigger sample size, and its results cannot be compared with previous surveys in this regard.

"As per the new Periodic Labour Force Survey being conducted by the government, the labour force participation is 36.9 per cent and the rate of unemployment for 2017-18 is 6.1 per cent," he said.

Replying to supplementaries during the Question Hour, the minister said the report of this survey is very different than the surveys conducted in previous years.

This survey is not comparable to previous surveys, he said, adding it was an attempt to provide authentic data with the new survey conducted through the Ministry of Statistics.

"We are focusing on infrastructure development and ease of doing business and India's position in the world has improved. India has improved its position to 63rd rank now in 2019 against 196 in previous years," he said.

"Our government is very conscious of creating employment opportunities and is running such programme which generates employment.

"The way our government is functioning, employment opportunities are being created and the youths are getting jobs also," the minister said.

Gangwar said the government has stopped the previous survey as the sample size was low and an attempt is being made to improve the data by adding various parameters and provide more authentic data.

The minister said it will take time for collection of data as households have to be visited on the ground for authentic data collection in rural areas also.

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News Network
June 26,2020

New Delhi, Jun 26: With the highest single-day spike of 17,296 COVID-19 cases reported in the last 24 hours, India's COVID-19 count reached 4,90,401 on Friday, said the Union Ministry of Health and Family Welfare (MoHFW).

The country also saw 407 deaths in the last 24 hours, which pushed the death toll to 15,301.

The total number of cases includes 1,89,463 active cases, 2,85,637cured/discharged/migrated cases, as per the MoHFW.

According to the Indian Council of Medical Research (ICMR), the total number of samples tested up to June 25 is 77,76,228; the number of samples tested on 25 June is 2,15,446.

Maharashtra remains the worst-affected state in the country with 1,47,741 cases. The active cases in the state are 63,357. The number of people cured or discharged stands at 77,453 while the death toll is at 6,931.

Delhi has so far reported 73,780 cases. The active cases in the national capital stood at 26,586. While the cured and discharged numbers stood at 44,765. The death toll in the city is 2,429.

Tamil Nadu has so far reported 70,977. With active cases at 30,067 and the number of cured or discharged at 39,999, while the death toll stood at 911.

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