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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
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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News Network
May 28,2020

May 28: Congress President Sonia Gandhi on Thursday asked the central government to unlock its coffers and help the needy affected by the coronavirus-induced lockdown.

In a video message posted as part of the Congress' 'Speak Up India' campaign, she lamented that even though the country is passing through a serious economic crisis with loss of livelihood due to the pandemic and the lockdown, the central government has not heard the cries of pain and trauma of people.

"We again urge the Centre to unlock its coffers and help the needy. Put direct cash of Rs 7,500 per month in the account of every family for the next six months and provide Rs 10,000 immediately; ensure safe and free travel of labourers back home, employment opportunity and rations; and also increase the number of work days under MNREGA to 200 days to facilitate jobs in villages," Gandhi said.

"Instead of loans, provide financial relief to small and medium industry so that crores of jobs are saved and the country progresses," she said in her video message on the party's social media handles.

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Agencies
May 17,2020

New Delhi, May 17: With the highest-ever spike of close to 5,000 cases in the past 24 hours, the COVID-19 count in India has crossed 90,000 on Sunday.

With an increase of 4,987 COVID-19 cases being reported in the last 24 hours, the count has reached 90,927, according to the Union Ministry of Health and Family Welfare.

The total number of active cases in the country stands at 53,946 today, while 2,872 deaths have been recorded due to the infection so far, with one patient having migrated. 120 deaths were reported in the last 24 hours.

However, on the positive side, close to 4,000 patients have also been cured and discharged in the past 24 hours, taking the tally of cured patients to 34,108.

With 30,706 confirmed cases, Maharashtra remains the worst-affected by the infection in the country.

It is followed by Gujarat and Tamil Nadu, with 10,988 and 10,585 cases, respectively.
The national capital, with 9,333 cases, is also one of the regions which is badly affected by the infection.

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