If India becomes communal,Kashmir not to remain with it:Farooq

April 27, 2014

Srinagar, Apr 27: Union Minister and National Conference president Farooq Abdullah today said communalism is not acceptable to the people of Kashmir and they will not remain with India if the country becomes communal.farooq_abdullah

"Pray to God to save us from communal forces so that we can move forward. India cannot become communal. If it becomes communal, then Kashmir will not remain with India.

Communalism is not acceptable to Kashmiris," Abdullah told a poll rally at Khanyar in old city here.

The NC head took a dig at BJP leader Griraj Singh and VHP's Praveen Togadia, saying "they say those who do not vote for Modi should go to Pakistan. (I say) Those who vote for Modi should drown in the sea."

The nation belongs to its people and they will decide what to do, he said. As Abdullah arrived at the venue, an explosion was heard causing panic and sending security forces into a tizzy.

The explosion sounded like a grenade blast. However, police did not confirm it. The rally continued as people did not leave the venue.

The NC chief said he is not scared of such attacks, adding "even if they throw thousands of grenades, Farooq Abdullah will neither get scared nor will turn back."

Those who carry out such attacks will be defeated, he said. "God willing, we will win and push them away."

On PDP patriarch Mufti Mohammad Sayeed's allegations that the National Conference might resort to tactical rigging in Srinagar and Baramulla Lok Sabha constituencies, Abdullah said it is actually the Peoples Democratic Party which "steals" votes.

"He tells me we are the ones who steal votes. They are the ones who steal votes and they will continue to do so. But we will fight them," Abdullah said.

He criticised Sayeed for accusing his party of engineering "selective boycott" in parts of south Kashmir parliamentary constituency on the polling day on April 24.

"Well obviously in elections, there is bound to be these things. When people get nervous, they start thinking that they are losing, they will use all sorts of methods to create these troubles.

"We have faced them before and we will continue to face them in the future as well. But, we are not going to be defeated," the NC patriarch said.

Defending his controversial comment of labelling the people of Kashmir as "big thieves" with regard to power theft, the Union minister said the people of Kashmir are poor and have to resort to stealing of the electricity.

"You (Sayeed) say Farooq Abdullah calls us (Kashmiris) thieves and you (people) vote for him (Abdullah). Yes, we steal electricity. What can we do, there is poverty. We have to resort to such things. Gas prices have reached sky high.

"You say Farooq Abdullah says this and that. Mufti, you are the biggest thief yourself. Let you have a debate with me and then we will see," he said.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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Agencies
August 2,2020

Lucknow, Aug 2: Uttar Pradesh's cabinet minister for Technical Education Kamal Rani Varun succumbed to COVID-19 on Sunday at the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Kamal Rani is the first minister in Uttar Pradesh to die after contracting coronavirus. She was 62.

On 18 July, the minister tested positive for coronavirus and was admitted to the Shyama Prasad Mukherjee Hospital.

She was later shifted to the Sanjay Gandhi Postgraduate Institute of Medical Sciences.

Uttar Pradesh chief minister Yogi Adityanath has expressed grief over the minister's death.

In a condolence message issued on Sunday, Adityanath said, "Kamal Rani Varun died on Sunday at around 9.30 am. She was an experienced and capable leader. She discharged her responsibilities with competence. She was a dedicated public representative, who was always working for the welfare of deprived and oppressed sections of the society."

Kamal Rani was the MLA from Ghatampur in Kanpur. She was also twice a Member of Parliament in the Lok Sabha.

Meanwhile, Adityanath has cancelled his visit to Ayodhya scheduled for the day, Additional Chief Secretary (Home) Awanish Awasthi said on Sunday.

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News Network
June 24,2020

New Delhi, Jun 24: Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.

"Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI); RBI's powers as they apply to scheduled banks will apply for cooperative banks as well," Javadekar said at a press conference, through video conferencing.

"The decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe," he added.

The Minister of Information and Broadcasting further said that the Union Cabinet has approved a scheme "for interest subvention of 2 per cent to Shishu loan category borrowers under Pradhan Mantri Mudra Yojana, outstanding as on March 31, 2020, for one year to eligible borrowers."

The Minister also said that the Union Cabinet has approved the declaration of Kushinagar Airport in Uttar Pradesh as an international airport.

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