Pranab Mukherjee elected as 13th President, P A Sangma cries foul

July 23, 2012

pranab13thNew Delhi, July 23: Pranab Mukherjee on Sunday scripted history by becoming the first person from West Bengal to be elected as the President of India. He defeated his opponent, former Lok Sabha speaker P A Sangma, with a huge margin to be elected as the 13th President of the country.

Following the declaration of the results, Mukherjee thanked the people of the "great country" for his win with a record margin of sorts bagging 69 per cent of the votes.

"I express deep gratitude for electing me to high office," said Mukherjee.

Addressing mediapersons, he further said, "I thank all those who supported me…I thank Sangma for congratulating me." He said he would try to justify the trust of people, adding, "I have received much more than I have given".

Meanwhile, though Sangma congratulated Mukherjee on the win, he lashed out at his opponent saying the poll was not fair. Sangma did not even rule out moving court on the election, saying its process was "exceptionally partisan".

Not ruling out moving the Supreme Court on the election, he said, "We are meeting a day after tomorrow to review the whole situation where this matter will come up for discussion."

Addressing mediapersons, the former Lok Sabha speaker said the presidential and the vice presidential elections must have a code of conduct to make the elections fair.

When asked to clarify on his statement that the elections needed to be made fair, Sangma said that several states were given financial packages.

Sangma accused the UPA of indulging in unfair practices saying the election was not fair and the country had lost a great opportunity to elect a tribal President. "Election process was exceptionally partisan and political through economic and other packages, inducements and threats," he said.

"I might have lost the elections but nation also lost an opportunity to project a tribal as President. I thank Pranab Mukherjee for winning the Presidential poll," he told reporters.

"There is compelling need for establishing an election code of conduct in Presidential elections. Presidential and Vice-Presidential elections should have a code of conduct," he said, when asked to clarify on his statement that the elections needed to be made fair. He said that several states were given financial packages.

On asked if he will go to the court, he said, "We are meeting in a few days to discuss all these issues. We knew that there was a problem in Karnataka. Results also show in many places there was cross voting."

However, even before the election commission declared the final results, there was a steady stream of visitors at the residence of the former finance minister to congratulate him on the massive victory.

Among the early callers at his Talkatora Road residence, located not far from Parliament House, were Prime Minister Manmohan Singh, UPA chairperson Sonia Gandhi, Congress general secretary Rahul Gandhi and ministers from the UPA Cabinet.

Sonia Gandhi and party general secretary Rahul Gandhi came together ahead of the Prime Minister's visit to greet the 76-year-old veteran. They were soon joined by Singh and his wife Gursharan Kaur.

Lok Sabha Speaker Meira Kumar, Union ministers A K Anthony, P Chidambaram, Sushil Kumar Shinde, Subodh Kant Sahai, Farooq Abdullah and E Ahamed visited Mukherjee's residence to greet him for becoming the 13th President of India.

"We thank our all our allies for the victory of Pranab Mukherjee as the President of India. This is an emphatic victory," Chidambaram said after meeting Mukherjee.

DMK leaders T R Baalu and Murasoli Maran also met Mukherjee to greet him.

West Bengal Chief Minister Mamata Banerjee, who had earlier opposed the candidature of Mukherjee for the presidential elections but decided to back him two days before the voting, also congratulated Mukherjee. She also accepted the invitation by the President-elect to attend his swearing-in ceremony. The Trinamool Congress chief also invited Mukherjee to visit West Bengal first after the win.

Later, leaders from Opposition Bharatiya Janata Party (BJP) and Left parties also congratulated the man of the moment.

However, the BJP in Karnataka suffered a humiliation when Mukherjee secured a backing of 117 MLAs as against Sangma's 103, with some party members cross-voting in favour of the UPA nominee.

Mukherjee had a pledged support from only 98 MLAs – 71 from Congress and 27 from JD(S) – but he managed to secure the support of 19 more legislators.

Sangma could only garner 103 votes, even though the BJP has 119 members in the Assembly.

The counting of votes for the Presidential election was done in Room number 63 of Parliament. Six groups were formed for the counting of votes.

The six groups were:

Group 1: Andhra Pradesh, Gujarat, Kerala, Nagaland, Tripura and Parliament

Group 2: Arunachal Pradesh, Haryana, Madhya Pradesh, Odisha, Uttarakhand

Group 3: Assam, Himachal Pradesh, Maharashtra, Punjab, Uttar Pradesh

Group 4: Bihar, Jammu and Kashmir, Manipur, Rajasthan, West Bengal

Group 5: Chhattisgarh, Jharkhand, Meghalaya, Sikkim, Delhi

Group 6: Goa, Karnataka, Mizoram, Tamil Nadu, Puducherry

Following the counting, Rajya Sabha Secretary General V K Agnihotri officially declared Pranab Mukherjee elected as the 13th President of the country with 3095 votes valued at 7, 13, 763. His opponent P A Sangma secured 1483 votes valued at 3, 15, 987.

The total number of votes cast in the presidential elections was 4659, valued at 10, 47, 971, of which 4578 votes, at a value of 10, 29, 750, were valid. There were 81 invalid votes valued at 18, 221.

Agnihotri presented the certificate to Pranab Mukherjee on winning the presidential elections.


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News Network
February 19,2020

New Delhi, Feb 19: Delhi Chief Minister Arvind Kejriwal met Union Home Minister Amit Shah on Wednesday, their first meeting after the assembly polls in the national capital.

The meeting went on for over 20 minutes at Shah's residence. The meeting was earlier scheduled at the Home Ministry.

"Met Hon'ble Home Minister Sh Amit Shah ji. Had a very good and fruitful meeting. Discussed several issues related to Delhi. Both of us agreed that we will work together for development of Delhi," Kejriwal tweeted.

Shah had led the BJP offensive against Kejriwal in the Delhi Assembly polls in which AAP trounced the saffron party, bagging 62 of the 70 seats.

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Agencies
June 16,2020

Mumbai, Jun 16: Saudi Arabia’s sovereign wealth fund, PIF, is all set to pick up a stake in Jio Platforms, which would complete 25% of Jio’s equity dilution to the investors, said a report by the Gulf News.

Jio Platforms is part of the Reliance Industries empire owned by Mukesh Ambani. The Public Investment Fund (PIF) will acquire 2.33% for an estimated $1.5 billion, the report said.

So far, Jio Platforms has raised investment from 10 different global investors in seven weeks, the latest being TPG Capital buying 0.93% equity for Rs 4,547 crore and private equity firm L Catterton picking up a 0.39% stake for Rs 1894.50 crore.

Jio Platforms has raised a total of Rs 1.04 lakh crore so far from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton since April 22.

With PIF coming on board, Jio Platforms would have diluted 25% of its equity. That's the maximum they intend to dilute to financial investors, which includes Mark Zukerberg's Facebook.

Any new investors coming on board in future will have to be "strategic investors, a tech giant, for instance," said a source who was part of the deal-making process, the report said.

In recent days, Jio Platforms, which will merge telecom, content streaming, gaming and ecommerce features into its app, has seen Abu Dhabi's Mubadala and ADIA pick up significant stakes amounting to $1.2 billion and $750 million, respectively.

Reliance Industries' owner, Ambani, Asia's richest man, has been on an investor acquisition spree, with the likes of Facebook and private equity majors such as KKR and Silver Lake Capital investing in Jio Platforms.

The contours of the deal with Saudi Arabia's PIF was finalised during Ramadan. "It was always Mukesh Ambani's wish to have a special relationship with Saudi Arabia and the UAE," said Anshuman Mishra, a London-based confidante and family friend of the Ambani family of longstanding, Gulf News quoted as saying.

He has also worked extensively with Gulf sovereign wealth funds over the years.

"Saudi Arabia's coming in to close the financial investor round in Jio is indicative of the special nature of the relationship. This is also indicative of the multi-billion-dollar partnership announced last year with Saudi Aramco.

"This is a major success for the present Indian government's foreign policy initiative in the gulf and symbolic of India's significance in the GCC," it said.

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News Network
June 17,2020

New Delhi, Jun 17: Petrol and diesel prices were increased in metros on Wednesday, marking the eleventh straight day of increase since state-owned oil companies returned to the normal practice of daily reviews following a 12-week pause. With effect from 6 am, the price of petrol was increased by 55 paise per litre, and diesel by 69 paise per litre in Delhi, compared to the previous day. While the price of petrol was revised to Rs 77.28 per litre in the national capital from Rs 76.73 per litre the previous day, the diesel rate was increased to Rs 75.79 per litre from Rs 75.19 per litre, according to notifications from state-run Indian Oil Corporation, the country's largest fuel retailer. In the 11-day period, the price of petrol has been increased by a cumulative Rs 6.02 per litre, and diesel by Rs 6.49 per litre.

International crude oil prices retreated on Wednesday, weighed down by an increase in US crude inventories and worries about a potential second wave of the coronavirus pandemic. Brent crude futures - the global benchmark for crude oil - were last seen trading 1.0 per cent lower at $40.56 per barrel.

State-run oil marketing companies revise the prices of petrol and diesel from time to time, besides aviation turbine fuel (ATF) - or jet fuel - and liquefied petroleum gas (LPG). However, since March 16, the oil companies had kept petrol and diesel prices on hold, possibly due to the volatility in global oil markets.

Fuel retailing in the country is dominated by state refiners - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation. The three own about 90 per cent of the retail fuel outlets in the country.

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