Don't need certificate from mom-son duo out on bail: Modi slams Rahul, Sonia for questioning note ban

Agencies
November 12, 2018

Bilaspur(Chattisgarh), Nov 12: Hitting out at Rahul and Sonia Gandhi for questioning him on demonetisation, Prime Minister Narendra Modi Monday said he did not need a "certificate of honesty" from the "mother-son duo" who are out on bail.

In a no-holds-barred attack on the Congress, its president Rahul Gandhi and his mother Sonia, Modi also said the party's "politics begins and ends with one family".

Addressing a poll rally in Bilaspur ahead of the second and final phase polling in Chattisgarh on November 20, the prime minister made a strong pitch for development, saying its pace under the Congress' watch was "far slow" than that during the BJP's rule.

Singling out the Gandhis for "seeking account of demonetisation", Modi asked "whether the mother-son duo who are out on bail for financial irregularities would give him certificate of honesty".

"They want an account of demonetisation. It was due to the demonetisation that fake companies were identified. And because of that you had to seek bail. Why do you forget that it was due to the note ban that you had to seek bail," he said without naming the Gandhis.

Modi announced the ban on high-value currency notes on November 8, 2016.

Modi's remarks were an apparent reference to the bail granted by a Delhi court to Rahul and Sonia in December 2015 in connection with alleged financial irregularities in the National Herald case.

Senior Congress leader Ghulam Nabi Azad disapproved of Modi's bail remarks, saying the prime minister should not lower the dignity of his office.

Attacking the Congress on the issue of corruption, Modi also referred to then Prime Minister Rajiv Gandhi's remark in 1985 that only 15 paise of every rupee meant for the welfare of the downtrodden reached them.

Which "hand" (election symbol of the Congress) had siphoned off the remaining 85 paise, Modi asked.

Alluding to Rajiv Gandhi's remark, Modi said demonetisation "brought back the 85 paise which were disappearing" due to corruption.

Congress never got a leadership which worked with a resolution of "living or dying for the welfare of the nation", he said.

Chhattisgarh may have taken 50 years to attain the present level of development had it still been ruled by the Rahul Gandhi-led party, he said.

"And there is a reason for it. Their politics begins and ends with one family, while our politics begins from the huts of the poor," he told the gathering.

Modi said people ask him from where was he getting the money for developmental works. "It (money) is very much available," he added.

"The money is yours. Earlier it was hidden under someone's bed, in cupboards. It all came out after demonetisation was announced," he said.

Without naming the Congress, Modi said its leaders were "disconnected" from the aspirations of people.

"Hence, they (Congress leaders) would give slogans, but they did not have policies and intentions to realise. Neither did the Congress get a leadership which worked with the resolution of living or dying for welfare of the nation," he said.

He also targeted the Congress president, saying when Congress released its 36-point manifesto for Chhattisgarh polls, 'Naamdaar' (Rahul Gandhi) was referred to as 'Sir' 150 times which shows he is more important for them (Congress) than Chhattisgarh.

The BJP is for development and it was due to this commitment that the opposition is unable to understand how to compete with ruling party in elections, Modi said.

Comments

Angle
 - 
Tuesday, 13 Nov 2018

What about you faku, you have blood of innocent people in your hand, which you killed in 2002, how will you show your face to GOD on judgment day, dont think i will live as king forever many have destroyed at the end time, your karma will follow you,,,one of the loofar & 3rd class PM india ever had.

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News Network
March 29,2020

New Delhi, Mar 29 : Notwithstanding the 21-day coronavirus lockdown, the Reserve Bank of India (RBI) has decided to go ahead with the merger plan of ten state-run banks into four larger bank from April 1. The apex bank has issued four separate releases announcing that the branches of merging banks will operate as of the banks in which these have been amalgamated from next month.

RBI's statement comes after Finance Minister Nirmala Sitharaman's clarification on Thursday that the mega bank consolidation plan was very much on track and would take effect from April 1.

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.

Bank officers' unions, however, earlier this week wrote to the prime minister seeking to defer the merger schemes of lenders due to the lockdown triggered by coronavirus outbreak.

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

Under this, the branches of Oriental Bank of Commerce and United Bank of India will operate as branches of Punjab National Bank from April 1, 2020, and branches of Syndicate Bank as that of Canara Bank, the RBI said in a separate releases.

Allahabad Bank branches will operate as those of Indian Bank while the branches of Andhra Bank and Corporation Bank will function as the branches of Union Bank of India from the beginning of next fiscal year 2020-21, the RBI said.

"The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India... The scheme comes into force on the 1st day of April 2020," RBI said.

Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from April 1, 2020, the RBI noted.

Banking services across the country are impacted due to the effect of COVID-19 as a near shut down is being observed across the country.

In a letter written to the Prime Minister on March 25, the All India Bank Officers'' Confederation (AIBOC) said, "The finance minister yesterday announced a slew of measures in view of the deleterious effect of the contagion. We are also expecting an extension of closing related activities and the revision of the closing date itself from March 31 to June 30, which is the need of the hour."

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coastaldigest.com web desk
August 1,2020

New Delhi, July 1: In a terrific incident with chilling echoes of the 2015 Dadri mob lynching, a Muslim man, who was carrying meat, was savagely attacked by a mob belonging to a saffron outfit in the presence of in BJP ruled Haryana on the eve of Eid al-Adha. 

The incident occurred at around 9 a.m. on Friday, July 31 at Badshahpur village in Haryana’s Gurgaon, when Lukman was transporting meat in a pic-kup truck. 

The attack was captured on mobile phones by onlookers and the video clips of the incident are now spreading on social media. 

A group of saffronite cow vigilantes chased the truck for about 8 km managed waylay it. Lukman, who was driving the truck was pulled out and brutally assaulted on the suspicion that he was transporting cow meat.

Just like Dadri, the police were faster at sending the meat to a lab for testing than catching any one of the suspects. One of the assailants - Pradeep Yadav- has been arrested. 

After being beating to an inch of his life, Lukman was bundled into the pick-up truck and taken back to Gurgaon's Badshahpur village where the goons started thrashing him again.

This is when the police stepped in and stopped them - only to find the assailants fearless enough to even take on them.

Lukman was taken to a hospital and the police filed a case against "unidentified individuals" even though the video of the incident recorded by witnesses shows the faces of the assailants.

The owner of the vehicles said that the meat was buffalo and he has been in the business for 50 years.

The police have so far refused to give a statement on record on the incident and explain their inaction as seen on video.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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