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
April 1,2020

Prayagraj,  April 1: Seven Indonesian nationals, one person from Kolkata and one from Kerala who had attended the event at Delhi's Nizamuddin Markaz have been put under quarantine, informed SP (City) Prayagraj, Brijesh Kumar Srivastava on Wednesday.

"Seven Indonesian nationals, one person from Kolkata and one from Kerala, were found at Abdullah mosque here. During the investigation, it was found that they had attended the Markaz gathering in Delhi. These people, along with 28 people who came in contact with them, have been quarantined." he said.

"A case has also been registered against them for not informing the police on reaching here," he added.

Earlier, Delhi Health Minister Satyendar Jain had said that the officials are not certain of the accurate number of people who participated in the event but it is being estimated that 1,500-1,700 people had assembled at the Markaz building.

The religious gathering was held at the Markaz building in Nizamuddin between March 13 and March 15.

The total number of active cases rose to 1466 in the country, while 132 people have been cured and discharged after receiving treatment, as of 9 am.

The number of deaths due to the infection also rose to 38, while one person has migrated.

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News Network
April 2,2020

New Delhi,  Apr 2: Muslim cleric Imam Umer Ilyasi appealed to all the individuals who attended Tablighi Jamaat congregation at Nizamuddin Markaz in Delhi recently, not to hide from the government and not to be scared of it.

"I appeal to all the Muslim brothers and mosque managing committees involved in the Jamaat congregation to please come out and inform the government. You do not need to feel scared of the government," Ilyasi told news agency.

He added: "You do not need to feel scared of the government. If you are quarantined, it doesn't mean you will be punished. This is for your and other people's safety."
On the subject of people likely to be quarantined, he said that if one does get quarantined, he or she must not think those quarantine facilities are jails. "If you are quarantined, it doesn't mean you will be punished. This is for your and other people's safety. Quarantine is the cure, you do not need to worry about it," he added.

Ilyasi further appealed to the people that one must not associate religion with the coronavirus outbreak. "Islam talks about saving one person's life and securing a person's life. Do not connect the outbreak with religion as this outbreak does not affect any religion or caste in particular," he said.

With regards to the lockdown being imposed by the centre, he said: "I appeal to all that we must obey the lockdown judiciously as there is no medicine or cure for this disease."
The Union Ministry of Health and Family Welfare's latest bulletin said that there are 1,834 coronavirus positive cases in India, including 1,649 active cases, 144 cured/discharged/migrated people and 41 deaths.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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