UPA fears en masse resignation by BJP MPs, readies strategy

August 23, 2012

Upa

New Delhi, August 23: The government-opposition showdown over corruption escalated sharply on Wednesday with BJP MPs storming out of a meeting of the Joint Parliamentary Committee probing the 2G scam, leading the UPA brass to plan for the possibility of BJP members resigning en masse from Parliament to force early polls.

The UPA coordination committee on Wednesday, which discussed the stalemate in Parliament, felt that the BJP may crank up the pressure by pulling out its members from all parliamentary committees and, eventually, getting its members of Lok Sabha quit en bloc to deepen instability.

The attendees, who included Congress chief Sonia Gandhi and Prime Minister Manmohan Singh, took note of the fact that with at least 20 months of the Lok Sabha's tenure still left, by-elections will have to be held to fill up the 114 vacancies in case BJP decides to leave the current Lok Sabha. They felt the ruling coalition should contest what will be the mini-election of sorts with a view to snatching seats from the BJP.

"They will not be able to make an argument even if they win all the seats because even a 100% strike rate would only see them retaining what they had won five years ago. However, if we manage to wrest seats from them, we will have made a strong political point in the build-up to the 2014 Lok Sabha elections," a source summed up the view at the meeting.

The participants included senior coalition leaders like Union agriculture minister and NCP boss Sharad Pawar, West Bengal CM Mamata Banerjee and finance minister P Chidambaram.

The date of the coordination committee meeting was scheduled for the beginning at the month but the discussions coincided with a spike in tensions between Congress and BJP over the issue of corruption. BJP members of the JPC on spectrum scam walked out of the meeting of the panel to protest against what they called intimidating behaviour of Congress members and the refusal of JPC chairman, Congress's P C Chacko, to spell out whether he would call the PM and the finance minister to depose before the panel.

Although BJP has been feeling frustrated with what it calls Congress's reluctance, the idea of taking the unprecedented step of wholesale resignations from Lok Sabha has been confined to a few hotheads. Yet, the increasingly bellicose equations between the two sides have enhanced the premium on aggression.

In Parliament, BJP on Wednesday shrugged off signs of a split within the opposition ranks over continuing the agitation for the PM's resignation over Coalgate to disrupt proceedings in both Houses for the second straight day to press its demand. The hostilities in JPC on spectrum scam reduced the possibility of an early resolution.

In fact, the UPA coordination committee did not see Parliament functioning at least for this week and felt that platforms outside Parliament should be utilized to put across the coalition's defence on Coalgate.

The recently set-up coordination panel was supposed to focus on policy matters. But with Banerjee asking for a deferment of deliberations on allowing FDI in retail and aviation on the ground that she was not informed in advance, deliberations remained preoccupied with the skirmish in Parliament once it had discussed the issues raised by the DMK.


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Agencies
January 6,2020

Lucknow, Jan 6: Undeterred by the large scale protests that claimed as many as 20 lives in the state, Uttar Pradesh government has started the process of implementing the controversial Citizenship (Amendment) Act.

According to sources in the government, the district magistrates have been directed to identify the migrants from Pakistan, Bangladesh and Afghanistan, who have been living in their districts.

Sources said that the state home department has given oral instructions to the district magistrates. ''No written orders have been issued,'' said a senior official here preferring anonymity.

The official said that the district magistrates would be preparing a list containing names of those minorities, who had migrated from these countries following their persecution and had been living without obtaining the citizenship of India.

According to sources, the government expected that the migrants, who could be eligible for the Indian citizenship in accordance with the CAA, could be more in number in the districts, including Rampur, Ghaziabad, Shahjahanpur, Lucknow and some others.

''The list will be sent to the union home ministry,'' the official added.

Sources said that the state government will also inform the centre about the ''illegal Muslim migrants'' for their ultimate deportation to their countries of origin.

Different parts of UP had witnessed large scale violence last month during the protests against the CAA. At least 20 people, mostly youngsters, were killed allegedly in police firing and many others were injured. The state government had denied the charge. 

Alleged police excesses during and after the protests triggered a nationwide outrage with several rights organisations and activists slamming the BJP government and demanding a high-level probe into the allegations.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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News Network
June 25,2020

New Delhi, Jun 25: After the Drug Controller General of India (DCGI) given its approval to manufacture and market the generic version of COVID-19 drug Remdesivir, COVIFOR, Hyderabad-based drugmaker Hetero Limited has delivered the first set of 20,000 vials in two equal lots of 10,000 each across 5 states.

The first batch, which is being marketed under the brand name of COVIFOR, was delivered to Maharashtra, Delhi, Gujarat Tamil Nadu and Hyderabad. Hetero has set a target to produce one lakh vials of the drug in two-three weeks.

The other lot would be supplied to Kolkata, Indore, Bhopal, Lucknow, Patna, Bhubaneshwar, Ranchi, Vijayawada, Cochin, Trivandrum and Goa within a week to meet the emergency requirements.

Managing director of Hetero Healthcare M Srinivasa Reddy said “the launch of Covifor in the country is a milestone in addressing public health emergencies. Through Covifor, we hope to reduce the treatment time of a patient in a hospital thereby reducing the increasing pressure on the medical infrastructure overburdened ue to accelerating COVID-19 infection rates," he said as reported by news agency.

"We are closely working with the government and the medical community to make Covifor quickly accessible to both public and private healthcare settings across the country”, Reddy said.

Covifor is a generic brand of Remdesivir which is used for the treatment of COVID-19 in adults and children hospitalised with strong symptoms of the disease. The Health Ministry had, on June 13, recommended the use of anti-viral drug Remdesivir in moderate stage of COVID-19.

Dr Reddys Laboratories and Hetero are among others which have separately entered into non-exclusive licensing agreements with the original drug-maker Gilead Sciences Inc to register, make and sell the investigational drug Remdesivir in India and other countries.

Remdesivir would be made in the company's formulation facility in Hyderabad, which has been approved by global regulatory authorities such as US Food and Drug Administration (USFDA) and EU, among others, Hetero had earlier said.

The treatment first showed improvement in trials on coronavirus patients and was approved for emergency use in severely ill patients in the United States and South Korea.

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