Congress Hits Back At PM Modi Over 'Industrialists' Remark

Agencies
July 30, 2018

New Delhi, Jul 30: The Congress questioned the remark of Narendra Modi that he does not mind standing next to businessmen, asking whether the industrialists the prime minister was referring to were the ones accused in bank scams.

PM Modi attacked opposition parties for dubbing industrialists as "chor" (thief) and "luterey" (looters), saying "We are not those who are scared of standing next to businessmen."

He said like farmers, bankers, government employees and labourers, industrialists also contribute to the development of the country.

Hitting back at PM Modi, Congress spokesperson Manish Tewari said, "The question is not industrialists or businessmen, but what kind of businessmen... People who ripped the banking system and went to Antigua and London -- if he is okay with getting clicked with them then I leave it to his wisdom."

He also said the Congress was not against industrialists but crony capitalism.

Addressing an event in Lucknow, the prime minister said, "You cannot have blot on you simply by standing with anyone if your intentions are good and clear."

"Gandhiji's (Mahatma Gandhi) intentions were so pure that he never hesitated in staying with the Birla family," the prime minister said.

"Public mey milna nahi, parde ke peeche sab kuch karna hai. Woh dartey rahtey hain, (Those who do not meet publicly and do everything behind curtains remain scared)," he said.

Mr Tewari felt that by referring to Mahatma Gandhi, PM Modi had insulted the father of the nation.

"It is unfortunate that he compared himself with the father of the nation. The PM said Gandhiji too kept industrialists with him. But I again ask what kind of industrialists... They staked everything to fight the British along with Gandhiji," he said.

AICC in-charge of communications Randeep Singh Surjewala said  Congress does not need certificates from the prime minister about industrialisation.

"In 60 years of Cong Govt, Industrial Production in India showed a compound growth rate of 6%. It is 3.3% in May 2018 ... Difference is- Making Industry Partner in Progress V/S Making Cronies Profiteer from Exchequer!" he tweeted.

 In another tweet he alleged that the prime minister's political career "reeks of a culture of cronyism".

"From giving land to your crony friends at throwaway prices in Guj to GSCPC Scam,from promoting select mobile wallets in DeMo to gifting Largest Defence Contract in Rafael! So spare us the lecture!" he said.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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News Network
January 7,2020

Jan 7: A Delhi Court today issued death warrant against four convicts in the 2012 Nirbhaya gang-rape and murder case. The hanging will take place on January 22 at 7 am.

During the hearing, the prosecution said there was no application pending before any court or the President right now by any of the convicts and the review petition of all the convicts was dismissed by the Supreme Court.

On Monday, the court had reserved order on issuing of death warrants against four death row convicts.

Today's order comes days after mother of the victim in the 2012 Delhi gang-rape and murder case moved the Supreme Court on opposing the plea filed by one of the four death-row convicts seeking review of its 2017 judgement awarding him death penalty.

The apex court had on July 9 last year dismissed the review pleas filed by the other three convicts — Mukesh (30), Pawan Gupta (23) and Vinay Sharma (24) — in the case, saying no grounds have been made out by them for review of the 2017 verdict.

The 23-year-old girl was gangraped and murdered by six men on a moving bus on 16 December 2012. The main accused, Ram Singh, allegedly committed suicide in Tihar Jail during the trial. Another accused was a minor at the time of the commission of the crime and was sent to a reform facility and released after three years.

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News Network
May 21,2020

New Delhi, May 21: As many as 5,609 new COVID-19 cases were reported in India in the last 24 hours, taking the total number of cases in the country to 1,12,359 according to the Union Ministry of Health and Family Welfare.

Out of the total cases, 63,624 are active cases, 45,300 patients have been cured/discharged or have migrated and 3,435 deaths have been reported.

With 39,297 cases in total, Maharashtra remains the worst affected state in the country, followed by Tamil Nadu (13,191 cases), Gujarat (12,537 cases), and Delhi (11,088 cases).

The nationwide lockdown imposed as a precautionary measure to contain the spread of coronavirus has been extended till May 31.

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