Congress holds key to 'non-BJP' govt formation in Maharashtra

News Network
November 11, 2019

Mumbai, Nov 11: The Congress, which stood at the fourth position by winning 44 seats in the recent Maharashtra Assembly elections, now holds the key to formation of a 'non- BJP' government in the state.

The Shiv Sena, which is determined to form a government without its long-term ally BJP, on Monday said it is waiting for an official communication of support from both the Congress and NCP.

The BJP, which is the single largest party in the state, on Sunday decided against staking claim to form government for want of adequate numbers.

Governor Bhagat Singh Koshyari then invited the Shiv Sena , which has been at loggerheads with the BJP over sharing the chief minister's post.

The Sena is the second largest party in the 288-member House with only 56 MLAs after the BJP (105).

Given the stalemate between the two alliance partners, the role of the Congress and the NCP is crucial.

The NCP, which won 54 seats, 10 more than Congress in the state elections, said it had a pre-poll alliance with the grand old party, hence the decision on formation of a "non- BJP" government will be taken only after an official communication from the Sonia Gandhi-led party.

Senior Shiv Sena MLA Pratap Sarnaik said, "All the Sena legislators have signed our party's proposal to stake claim to form government. We are, however, waiting for an official communication from the NCP and Congress on extending support to us."

NCP's chief spokesperson Nawab Malik on Monday said it is the responsibility of "all of us" to give an alternative considering the plight of people in the state.

"Once we receive an official communication from the Congress, the decision will be announced jointly," he said.

AICC general secretary in-charge for Maharashtra Mallikarjun Kharge said in New Delhi that the party will discuss the possibility of offering an alternative in Maharashtra with some of the senior leaders from the state.

"We will announce our decision by 4 pm today," he said.

The term of the 13th state Assembly ended on Saturday.

The Shiv Sena has time till 7.30 pm on Monday to stake claim.

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News Network
January 29,2020

Aurangabad, Jan 29: Accusing Prime Minister Narendra Modi and Union Home Minister Amit Shah of creating a conflict between Hindu and Muslim communities in the country, former JNU student leader Kanhaiya Kumar has said the Citizenship (Amendment) Act (CAA) was adding fuel to the fire.

He was speaking at a rally held on Tuesday at Pathri in Parbhani district of Maharashtra against the CAA and the National Register of Citizens (NRC). It was organised by NCP MLC Abdullah Durrani.

"Modi and Shah used to create conflicts between Hindus and Muslims during the Gujarat elections. Now they are adopting the same strategy in the country," Kumar alleged.

Citizens should keep the religious conflicts aside and question the present government about unemployment and the poor state of the economy, he said.

"Through the CAA, the government is adding fuel to the fire, which is already raging in the country," he alleged.

When anyone questions the government about the problems existing in the country, it in turn asks him about his citizenship, the former JNUSU leader alleged.

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News Network
January 12,2020

Kolkata, Jan 12: Prime Minister Narendra Modi on Sunday said a section of the youth is being misguided about the Citizenship Amendment Act and asserted that it will not take away anybody's citizenship.

Modi also said whoever has faith in India and believes in its Constitution can become an Indian citizen.

“There are a lot of questions among the youth about the new citizenship law, and some are being misled by rumours around it... it is our duty to clear their doubts,” the PM said during an address at Belur Math in Howrah district.

“I want to make this clear again that the CAA is not about taking away anybody's citizenship, but about granting citizenship,” he added.

Modi said that some people with political interests are deliberately spreading rumours about the new citizenship law.

Lauding the youth for speaking against religious persecution of minorities, the prime minister said the energy of the country's young will form the basis of change in the 21st century. The PM is on a two-day visit to the city.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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