I’m a Brahmin & Congress’s general secretary: Rahul Gandhi to party

April 14, 2012

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New Delhi, April 14: Post Congress's poor show in UP, recrimination has been mixed with the hunt for a stable vote bank in a state where caste remains a key arbiter of power.

While UP Congress leaders are waiting to see how the party reinvents its caste appeal, the competition and jostling among social groups like OBCs, dalits and upper castes has become the party's focal point. The lament of Brahmin leaders has been particularly loud with Congress's minority-mandal push coming a cropper.

Matters came to an interesting point during a recent review meeting when the upper caste/Brahmin argument was invoked by a local UP leader saw Congress leader Rahul Gandhi rebutting the claim by remarking "I am a Brahmin...and general secretary in the party."

The comment was read as a counter to the argument that the party had ignored its traditional, albeit alienated base, in its quest to regain salience in UP. Although upper castes have lost their dominance in the state, leaders from these sections remain vocal and pushy in their advocacy.

A week after Rahul Gandhi conducted the review of the UP election, leaders are counting on two decisive steps for moving forward - action against non-performers and a clear idea on which social group to lean on. The urgency stems from the view that there should be enough time for party message to reach the grassroots for 2014 Lok Sabha polls.

The upper caste, OBC and dalit camps in Congress are vying for the leadership's attention. According to sources, Rahul's review saw leaders speaking of the need to fashion a "base vote" like Yadavs for Samajwadi Party and dalits in case of BSP. Upper castes felt Congress could not ignore its traditional catchment group, particularly as it has switched loyalties and seems open to being wooed.

The poll defeat seems to have complicated the Congress search for a social combination to renew its appeal among voters two decades after the Babri demolition pushed it to the margins. Congress pegged the election campaign on backwards and Muslims. Dalit leaders feel Rahul's strategy to win over key social group, initiated by his visits to their huts, would pay off in the long run. That has led to suspense over the Congress leadership's new choices.

The post-poll audit brought out common refrain from all contending groups: Congress needs a base vote. But sources said it was easier said than done to come up with a target constituency.

While backwards, including MBCs voted for SP, dalits stuck to BSP which, despite the scale of its defeat, was only 3% votes behind the winner. Thakurs, a dominant upper caste, sided with SP. In contrast, Congress bid to woo the Mandal classes, with steel minister Beni Prasad Verma being projected as a mascot of sorts, did not work while the approach put off upper castes.

Sources said the brainstorming evoked sharp reactions with senior leader Ram Lal Rahi saying that focusing on Jatavs and Yadavs was a waste of time as they were not ready to leave BSP and SP. Some others felt Congress needed to keep trying. A leader quoted an election survey to argue a section of Jatavs had left BSP.

No leader opposed the Muslim gambit but most felt it failed because the 4.5% quota was brought up too close to elections and the message did not percolate down to the masses.


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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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Agencies
May 28,2020

Kochi, May 28: In these pandemic times, when the businesses are gravely affected and the MSMEs are particularly feeling the heat, a Kerala institute has come up with an initiative to help the distressed industry. The Institute of Small Enterprises and Development (ISED) has come out with a unique platform -- 'business clinic' for extending advisory services to the COVID-19 affected MSMEs in the state.

The Kochi based ISED's multi-disciplinary team of experts will offer free guidance to entrepreneurs to make a self-evaluation for improving their performance.

It will serve the interests of the MSMEs, entrepreneurial aspirants, such as the returning migrants, start-ups, educated unemployed, and women entrepreneurs.

ISED director, PM Mathew said COVID-19 pandemic has shattered the budgets and operations of most SMEs, globally, as also in India.

"Post-lockdown, the operational problems are likely to get aggravated. Beyond the broad macro level projections and debates, it is now time to act at the grassroots level. Many entrepreneurs need appropriate clinical assessment, and moral and psychological support, said Mathew.

According to the work force participation data at the national level, Kerala is ranked 31 in terms of the number of self employed, and placed in second rank in relation to the size of casual labour.

The Kerala Enterprise Development Report, brought out by the ISED states while the number of the unregistered enterprises is sizeable, constituting 76.85 % of the total, the respective share of registered MSMEs is only 9.53 %.

The constraints to these enterprises today are, poor sales, large inventory, delayed payments, damage of stock, wage bill arrears, unreliable labour supplies, fund diversion due to exigencies, GST related problems, and NPA/poor credit score.

"For all businesses, unlike in a sporadic recession in the economy, the danger today is circular and cumulative. Both from the demand side, and the supply angle, there is a serious contraction of business activities, which essentially means a glut in the cash flow. Corporate businesses, obviously, will come out of the mess due to their relative advantages of high reserve funds, liberal credit offerings, and easier access to alternative sources of finance," said Mathew.

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Agencies
July 1,2020

Sopore, Jammu And Kashmir: A three-year-old boy survived as his grandfather was killed in a terror attack on the Central Reserve Police Force (CRPF) in Jammu and Kashmir's Sopore town this morning. A CRPF jawan was also killed in the line of duty as terrorists opened fire on a patrol team.

In heart-wrenching images, the child is seen sitting on the blood-splattered body of his grandfather, a civilian caught in the crossfire. The boy was numb with fear when he was picked up by policemen, according to the police.

The Kashmir police also tweeted a photo of the child being carried to safety by a policeman.

"Jammu and Kashmir police rescued a three-year-old boy from getting hit by bullets during the terrorist attack in Sopore," said the tweet by the Kashmir Zone Police.

The child was travelling in a Maruti car with his grandfather from Srinagar to Handwara when it was hit by a spray of bullets in Sopore town, which is in Baramulla district about 50 km from Srinagar.

The police said terrorists hiding in a mosque fired indiscriminately at the patrol team as it was getting off a bus. The CRPF troops retaliated but the terrorists managed to escape.

According to the CRPF, the grandfather stopped the car and got out to run to a safe spot but was shot dead in the firing by terrorists. The boy was later rescued by a policeman standing nearby.

Last week, a six-year-old boy was killed during a terror attack on the CRPF in Anantnag.

Little Nihaan Bhat was sleeping in a parked car when he was hit by a bullet. Police say the terrorist was on a bike and opened fire from a pistol on a CRPF patrol. One jawan was killed. The child's killing drew widespread anger and condemnation.

The terrorist believed to be involved in the Anantnag attack escaped yesterday after an encounter with security forces. Police said two other terrorists who were hiding with him at a village were killed.

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