Bandh evokes mixed response, CII estimates Rs 12,000 crore loss to economy

September 20, 2012
Bundh

New Delhi, September 20: The bandh called by NDA, Left parties and SP to protest against diesel price hike, FDI in multi-brand retail and cap on subsidized LPG on Thursday evoked mixed response as protestors disrupted road and rail traffic in parts of UP, Bihar, West Bengal and Odisha but it had little impact in Mumbai.

In Delhi, most of the markets remained closed and vehicular movement was normal though protesters blocked traffic at some places.

Shops in some areas like Bhogal, Laxmi Nagar, Defence Colony and South Extension in the capital were open in the morning hours but big markets like Khan Market, Connaught Place, Greater Kailash, Karol Bagh, Chandni Chowk and Kashmere Gate were shut.

Auto rickshaws plied in the city and buses of state-run Delhi Transport Corporation (DTC) were on the roads in large numbers. At New Delhi railway station, auto drivers staged a protests and refused to carry passengers.

However, most of the private schools in Delhi remained closed.

BJP supporters blocked vehicular movement on Vikas Marg. A BJP spokesperson said the party will be staging protests at around 100 locations in the capital.

A senior Delhi Police official said a large number of personnel have been deployed. "We have ensured that every major road has police presence," he said.

Samajwadi Party and BJP workers staged demonstrations and stopped trains at a number of places in Uttar Pradesh. Protestors stopped trains in Mathura, Agra, Varanasi, Allahabad and Lucknow while BJP workers and traders blocked the Agra-Gwalior Highway by burning tyres.

Major markets remained closed at a number of places in UP, including in the state capital, official sources said in Lucknow.

Raising slogans against FDI in retail, a group of SP workers held a demonstration outside the Wal-Mart store at Sultanpur in Lucknow. The party also protested outside divisional railway manager's office in Hazratganj.

The bandh evoked little response in Mumbai owing to Ganesh festivities across Maharashtra. Shiv Sena and Maharashtra Navnirman Sena (MNS) have kept away from the day-long bandh due to the festival.

Loss of Rs 12,000 crore

"Today's bandh (strike) has been disruptive for business and trade in many parts of the country. While an exact loss for the entire economy is not known, it can be estimated that almost Rs 12,500 crore ($2 billion) has been the loss to the country in terms of disruptions in production and trade," the Confederation of Indian Industry (CII) said on Thursday.

It also said the government should not roll back the recent reform measures under political pressure.

"Good economics seldom makes for good politics and therefore, it is important to communicate to the masses the merit and necessity of the reform measures announced by the government," the CII said.


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News Network
April 11,2020

Thiruvananthapuram, Apr 11: The effective handling of Covid-19 pandemic by the Kerala Government has received a big endorsement in the International media with the latest being a report in Washington Post which suggests that the State’s success could prove instructive to the entire country.

The Washington Post quoted Kerala Health Minister K K Shailaja Teacher as saying “We hoped for the best but planned for the worst. Now, the curve has flattened, but we cannot predict what will happen next week.”

"The Minister said six states had reached out to Kerala for advice. She, however, noted that it might not be easy to replicate Kerala’s lessons elsewhere," according to the Minister's office quoting the report here on Saturday.

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News Network
March 9,2020

New Delhi, Mar 9: Petrol and diesel prices registered a drop across the country on Monday as global oil prices plummeted around 30 per cent after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.

In New Delhi, petrol price fell by 24 paise intra-day and stood at Rs 70.59 per litre. Diesel in the national capital was retailed at Rs 63.26 per litre on Monday as against Rs 63.51 on Sunday.

The retail price of petrol in Kolkata saw a drop of 23 paise to Rs 73.28 per litre. The diesel price fell by 25 paise in the eastern metropolitan city to retail at Rs 65.59 per litre.

In Mumbai, petrol price was Rs 76.29 per litre as against Rs 76.53 a day earlier. Diesel was retailed at Rs 66.24 per litre, 26 paise lower than on Sunday.

In Chennai, petrol was retailed at Rs 73.33 per litre, 25 paise lower than a day earlier. Diesel price saw a fall of 26 paise to retail at Rs 66.75 per litre in the southern metropolitan.

Global crude oil prices fell by as much as a third following Saudi Arabia's move to start a price war with Russia amid worries over the spread of coronavirus.

Brent crude futures were down 13.29 dollars or 29 per cent at 31.98 dollars a barrel by 04:33 hrs GMT after earlier dropping to 31.02 dollars, their lowest since February 12, 2016.

Brent futures were on track for their biggest daily decline since January 17, 1991 at the start of the first Gulf War.

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News Network
July 17,2020
New Delhi, Jul 17:  Congress leader Rahul Gandhi on Friday said that as India's COVID-19 tally has crossed 10,00,000 mark and issued a warning that by August 10, more than 20,00,000 people may be infected in the country. He called on the government to take concrete steps to control the pandemic.
 
Taking to Twitter, Gandhi marked his earlier tweet from July 14 that stated: "This week the figure will cross 10,00,000 in our country."
"The tally has crossed 10,00,000 mark. If COVID-19 continues to spread at the same speed, by August 10, more than 20,00,000 people will be infected in the country.
 
The government must take concrete, planned steps to stop the epidemic," he tweeted today.
With the highest single-day spike of 32,695 cases and 606 deaths, India's COVID-19 tally on Thursday reached 9,68,876, informed the Union Ministry of Health and Family Welfare on Thursday.
 
The total number of COVID-19 cases includes 3,31,146 active cases, 6,12,815 cured/discharged/migrated and 24,915 deaths. 

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