Mamata Banerjee exits UPA, PM asks ministers to stand their course

September 19, 2012

mamatha_benergee

New Delhi, September 19: Congress president Sonia Gandhi will meet top leaders of her party this morning to discuss the crisis triggered by Mamata Banerjee's withdrawal of support to the UPA government. The Congress' core group meeting is scheduled for 10 am and will be attended by Prime Minister Manmohan Singh, Defence Minister AK Antony and Finance Minister Chidambaram.

Yesterday, Ms Banerjee pulled out of the UPA coalition, in which her party was the second-largest member. The west Bengal Chief Minister said her six ministers will resign on Friday at 3 pm in protest against a menu of new reforms introduced by the government last week, including raising diesel prices, restricting the supply of subsidised cooking gas to six cylinders per household, and opening up India's huge retail sector to foreign super-chains like Wal-Mart. Ms Banerjee described those decisions as "a disaster for the poor" and said her party had been shown minimal respect by the UPA.

Sources in the Congress say that party president Sonia Gandhi will now try to negotiate a compromise - while there will be no reversal of the retail reforms, the government may agree to a partial rollback in diesel prices, along with increasing the cap on LPG cylinders from six to nine per year.

The Prime Minister has, according to sources, driven home the point that he is committed to the reforms needed to jumpstart the economy; he allegedly told senior ministers that their government "must stay the course" and that it has "an unfinished agenda" for the economy for which it will allow "like-minded people" to help.

With the support of Mulayam Singh Yadav and Mayawati, the UPA still has more than 300 MPs on its side. It needs 272 to stay in power. But the government will now be more vulnerable to demands from those partners, who are both opposed to FDI in retail.

Before it decided to implement 51% Foreign Direct Investment or FDI in retail, the government had calculated its political risks. Ms Banerjee has 19 Lok Sabha MPs. Mulayam Singh Yadav and his Samajwadi Party, who provide external support to the UPA, have 22. Ms Mayawati and her Bahujan Samaj Party (BSP) have another 21. So though the UPA is in a minority without the Trinamool Congress, it can be propped up by Mr Yadav and Ms Mayawati.

Mr Yadav landed in Delhi on Tuesday night and plans to meet with the Left and other parties to gauge their reaction to the UPA's new position. "Don't take us for granted," warned his party's Ram Gopal Yadav after Ms Banerjee's announcement. "We will not join the government. Any party that does so will be wiped out in 2014," he said, adding that his party will decide its next move after an all-India bandh or strike on Thursday to protest against the Centre and its decisions on FDI and the new diesel prices. In the South, the DMK, another member of the UPA, has decided to participate in that bandh. Party chief M Karunanidhi, whose 18 MPs are part of coalition at the Centre, will make a statement, after a party meeting today, on where the DMK stands in the new political landscape.

The Congress is now said to be counting on Mayawati's Bahujan Samaj Party and some Independents to keep it in a majority in the Lok Sabha. Sources in Mayawati's party say she will decide on her relationship with the UPA at a meeting of her party on October 10. The BSP has voiced demands very similar to Mamata Banerjee's - a rollback in diesel prices and on the new norms for LPG. It also wants the government to withdraw the decision on FDI in retail. But unlike Ms Banerjee or Mr Yadav, who are riding recent electoral successes and would not mind mid-term elections to extend their gains, Ms Mayawati is still smarting from her defeat in Uttar Pradesh this year and she will not want early polls since she is unlikely to make too many gains.

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News Network
March 29,2020

Jaipur, Mar 29: A batch of 275 Indians evacuated from coronavirus-hit Iran arrived at the Jodhpur airport on Sunday morning, an official said.

He said a preliminary screening of the passengers was conducted at the airport and thereafter, they were shifted to the Army Wellness Facility set up at the Jodhpur Military Station.

Additional Chief Secretary (Health) Rohit Kumar Singh said of the 275 passengers, there were 133 women and 142 men, including two infants and four children.

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News Network
May 21,2020

Bengaluru, May 21: The COVID-19-induced lockdown saw a spurt in crybercrimes in India with Kerala recording the highest number during the period, according to an analysis of IT security solutions provider K7 Computing.

The report analyses various cyberattacks within India during the pandemic and reveals that threat actors targeted the States with COVID-19-themed attacks aimed at exploiting user trust.

The sudden surge in the frequency of attacks witnessed from February 2020 to mid-April 2020 indicates that scamsters across the world were exploiting the widespread panic around coronavirus at both the individual and corporate level, the company said in a statement.

These attacks aimed to compromise computers and mobile devices to gain access to users confidential data, banking details and cryptocurrency accounts.

The key threats seen during this period ranged from phishing attacks to rogue apps disguised as COVID-19 information apps that targeted users sensitive data.

Phishing attacks were noticed more in Tier-II and Tier-III cities while the metros fared better.

Smaller cities saw over 250 attacks being blocked per 10,000 users.

Users from Ghaziabad and Lucknow seem to have faced almost six and four times the number of attacks, respectively, as Bengaluru users.

In Kerala, regions like Kottayam, Kannur, Kollam, and Kochi saw the highest hits with 462, 374, 236, and 147 attacks respectively, while the state as a whole saw around 2,000 attacks during the period, the highest thus far in the country.

This was followed by Punjab with 207 attacks and Tamil Nadu at 184 attacks, the statement said.

A majority of the recorded attacks were phishing attacks with sophisticated campaigns that could easily snare even the most educated users, it said.

These attacks were aimed at heightening users fears and creating a sense of urgency to take action.

The report noted phishing attacks where scamsters posed as representatives of the United States Department of the Treasury, the World Health Organisation, and the Centres for Disease Control and Prevention.

Users were encouraged to visit links that would automatically download malware on the host computer such as the Agent Tesla keylogger or Lokibot information-stealing malware, infamous banking Trojans such as Trickbot or Zeus Sphinx, and even disastrous ransomware.

Other attacks included infected COVID-19 Android apps like CoronaSafetyMask that scam users with promises of masks for an upfront payment; the spyware app Project Spy; and seemingly genuine apps that are infected with dangerous malware like banking Trojans such as Ginp, Anubis and Cerberus, it was stated.

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Agencies
July 21,2020

New Delhi, Jul 21: The Supreme Court has asked the Ministry of Finance to look into a plea which claimed a loss of hundreds of crore every day, as the public sector banks are not invoking personal guarantees of big corporates who have defaulted on loans.

A bench comprising Justice R. F. Nariman and Navin Sinha asked the petitioners, Saurabh Jain and Rahul Sharma, who filed the PIL, to move the Finance Ministry with a representation within two weeks. The top court observed that the issue is important and the ministry should respond after the petitioner has made the representation before it. The matter had come up for hearing on Monday.

"We are of the view that at page 115 of the Writ Petition it has been made clear that the Ministry of Finance itself has, by a Circular, directed personal guarantees issued by promoters/managerial personnel to be invoked. According to the petitioners, despite this Circular, Public Sector Undertakings continue not to invoke such guarantees resulting in huge loss not only to the public exchequer but also to the common man", said the bench in its order.

Senior advocate Manan Mishra and advocate Durga Dutt, represented the petitioners.

Mishra contended before the bench that the statistics establish the public sector banks incurred a loss of approximately Rs 1.85 lakh crore in a financial year, and the banks did not take action to invoke personal guarantees of the biggest corporate defaulters.

The bench observed that since the petitioners claim the public sector undertakings are not complying with this circular, "We think you should first go to the ministry," said the bench.

Mishra argued before the bench that the loans from a common man are recovered through a mechanism where officials go through even the minutest detail, but promoters, chairpersons and other senior level functionaries of the big corporates find it convenient to get away by defaulting on loans.

The bench told the petitioner's counsel that the Finance Ministry has already issued a notification on this matter, and the petitioners should seek response from the ministry, and then move the top court. Mishra submitted before the bench to issue a direction to the Finance Ministry to give a response on their representation.

The bench said, "We allow the petitioners, at this stage, to withdraw this Writ Petition and approach the Ministry of Finance with a representation in this behalf. The representation will be made within a period of two weeks from today. The Ministry of Finance is directed to reply to the said representation within a period of four weeks after receiving such representation. With these observations, the petition is allowed to be withdrawn to do the needful."

Mishra contended before the bench seeking liberty to come back after a reply from the Finance Ministry. Justice Nariman said this option is open for petitioners after a decision has been taken by the ministry. "We will hear you", added Justice Nariman.

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