Modi govt may meet same fate as that of Indira's: Yashwant

January 31, 2016

Dona Paula (Goa), Jan 31: Veteran BJP leader Yashwant Sinha today tore into Prime Minister Narendra Modi and his government, saying there is no dialogue and they may meet the same fate as the Indira Gandhi-led Congress which was drubbed in the elections after Emergency.yashwant

Sinha, who along with some other BJP veterans has been marginalised in the party, was speaking at a panel discussion at the 'Difficult Dialogues' conference here, where CPI-M general secretary Sitaram Yechury also spoke.

"There is absolutely no scope of no dialogue... This is the great strength of Indian democracy. There will be aberrations here and there, there might be concerns about the present situation. But the great Indian society will take care of it and consign to dust those who do not believe in dialogue in India," Sinha said.

"The people of India will consign him to the dust, you just have to wait for the next elections," Sinha, who was finance minister in Atal Bihari Vajpayee government, said without naming Modi.

Alluding to the general elections in 1977 when Congress was ousted from power, he said such a neglect (of dialogue) will make the government last "19 months", the same duration as the Emergency.

We all know how the people of India reacted to the Emergency which was the "most concerted democratic effort in our country to still the voice of dissent", he said.

Replying to intervention from Yechury on need to ensure that dialogue in the society doesn't get stifled, he said, "I would only say that the stifler is in for serious trouble."

The veteran BJP leader also rued the fact that Opposition was not letting Parliament function. Without naming, he took a potshot at a Congress leader, who he said never raised concerns on the GST Bill in the standing committee meetings but later raised objections.

Under Vajpayee, the NDA government was able to pass several important legislations with the help of dialogue (with opposition), Sinha said.

His onslaught comes on the same day when another BJP leader, actor-MP Shatrughan Sinha, said that veteran leaders Vajpayee, L K Advani and Murli Manohar Joshi "deserve much more than what they have been given".

"Currently these leaders including me are trapped between oppression and respect," Shatrughan said in Pune.

Comments

aharkul
 - 
Sunday, 31 Jan 2016

Just wait and see.... within one year what happen Indian democracy..

Goodman
 - 
Sunday, 31 Jan 2016

BJP built on wrong ideology, wrong foundation. So tower can not stand on cracking foundation.

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Agencies
July 31,2020

Thiruvananthapuram, Jul 31: People offered Eid-al-Adha namaz while ensuring social distancing norms at mosques in Thiruvananthapuram and Mallapuram on Friday.

Kerala Chief Minister Pinarayi Vijayan had on Thursday announced that the Eid-al-Adha prayers can be offered in mosques of the state on Friday with a limited number of people due to the COVID-19 pandemic.

Kerala is celebrating the festival of Eid-al-Adha on Friday.

Eid al-Adha or Bakrid, also known as "Sacrifice Feast" is marked by sacrificing an animal, usually a sheep or a goat to prove their devotion and love for Allah. Post the sacrifice, devotees distribute the offering to family, friends, neighbours and especially to the poor and the needy. 

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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News Network
March 6,2020

Mumbai, Mar 6: Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month.

Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well. At an ATM in south Mumbai's Horniman Circle, with the RBI headquarters overlooking it, the shutters were pulled down.

The guard on duty said the machine was non-operational before he reported to work late in the evening and he was ordered to shut it after 2200 hrs. In the residential area of suburban Chembur, one ATM was dispensing cash but had a long queue of anxious depositors.

One man said it was still possible to withdraw up to Rs 50,000 in multiple transactions from the machine.

However, another machine nearby had run dry within minutes of the RBI announcement, a woman said.

The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.

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

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