Govt indicates not averse to voting on FDI

November 27, 2012

pm

New Delhi, November 27: With DMK showing the green flag, government today indicated it was not averse to voting in Parliament on the FDI in retail, a move that could end the House logjam.

"We are confident of numbers," Prime Minister Manmohan Singh told reporters after an hour-long meeting of the leaders of UPA, which presented a united picture, as news came from Chennai of DMK extending its support to the government during any voting on the FDI issue.

"The UPA is fully united on any decision of the Speaker and the Government... all constituents are firmly behind the Government," Parliamentary Affairs Minister Kamal Nath said.

Asked if the government was ready for a vote, Nath said government is "not averse" to discussion under any rules. "I said it yesterday. I am repeating it today," he said.

"Larger numbers (parties at the UPA meeting) were in favour of discussion to be decided by the Speaker," he said.

Nath said the issue was discussed today at the UPA meeting and he will meet the Speaker to convey the sense of the meetings of all party leaders yesterday and UPA leaders.

However, sources said, government has conveyed to Lok Sabha that it did not favour voting on FDI in retail in Lok Sabha arguing it would send a wrong precedent of voting on an executive decision taken by the government. At the same time, it has left the decision to the Speaker.

Opposition BJP and Left parties insisted that the discussion on FDI should be followed by voting.

While in Lok Sabha, the government appears to be comfortably placed in the numbers game with promise of support from SP and BSP and DMK's open backing today.

Trinamool Congress with 19 MPs has also been cold towards Opposition demands for a vote on the issue.

However in Rajya Sabha, where the UPA coalition does not have the numbers on its own, may have problems in case of a vote.

In a House with an effective strength of 244, the UPA and its allies have a strength of about 95 members. It may have to persuade outside supporters BSP (15) and SP (9) to positively vote with the government and not abstain to win in case of a voting.

At present, UPA enjoys the support of about 265 MPs in Lok Sabha of 545. With the support of Samajwadi Party (22) and BSP (21), the backing for the ruling coalition goes a little over 300, which is comfortable over the required 273.

"We are ready for a discussion on FDI in retail only under Rule 184 (which entails voting). The country wants to know which party really supports or opposes FDI in retail.

"There were some parties which were earlier opposed to it but are now supporting FDI," BJP spokesperson Shahnawaz Hussain said.

In a huge relief to UPA, DMK decided to back the UPA government in Parliament on the FDI FDI in multi-brand retail sector when the discussion on takes place.

The party has decided on this course with "bitterness" so that communal forces do not take advantage of the situation and come to power, DMK Chief M Karunanidhi said.

"One should not forget the situation of the UPA government falling if a discussion and voting takes place under rule 184 in Parliament accepting the demand of BJP and some other parties," he said.

DMK's decision comes two days after Congress emissary Ghulam Nabi Azad met Karunanidhi to take the second largest UPA constituent on board.

"Though there may be thousands of differences still persisting on the issue and considering the consequences if the government falls at the Centre, in bitterness, the DMK has decided to support the UPA government on the issue", Karunanidhi said.

DMK's 18 MPs are crucial to the government in case of a vote in Lok Sabha.

Home Minister Sushil Kumar Shinde, who is also the leader of the Lok Sabha, said, "By Monday, everything would be decided and everything would be settled."

Finance Minister P Chidambaram said the government was serious on ending the deadlock in Parliament.

"The work is not complete. We will spend several hours tomorrow and Thursday. We are very concerned about the deadlock in Parliament," he told reporters.

Chidambaram said government spend two and half hours with all the parties yesterday and two hours with UPA constituents today to try to end the logjam.

UPA Chairperson Sonia Gandhi, Rahul Gandhi, Defence Minister A K Antony, RLD's Ajit Singh, DMK's T R Baalu, NCP's Sharad Pawar and Praful Patel, National Conference's Farooq Abdullah and finanace Minister P Chidambaram were among those who attended the UPA meeting.

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News Network
April 28,2020

New Delhi, Apr 28: Outstanding loans amounting to Rs 68,607 crore of top 50 wilful bank loan defaulters in the country including firms of Mehul Choksi and Vijay Mallya have been technically written off till September 30, 2019, the Reserve Bank of India said in a RTI reply.

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.

This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore.

Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies.

Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.

Forever Precious Jewellery and Diamonds Private Limited has loans of Rs 1,962 crore written off while Deccan Chronicle Holdings Limited have Rs 1915 crore written off loans.

Choksi's other firms Gili India and Nakshatra Brands also have loans of Rs 1,447 and Rs 1109 crore respectively written off.

REI Agro of Jhunjhunwala brothers is already under the scanner of ED. The CBI and ED are also probing alleged fraud by the owners of Winsome Diamonds.

Vikram Kothari's Rotomac is the fourth in the list. He and his son Rahul Kothari were arrested by the CBI for bank loan default.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

"The information on top 50 wilful defaulters and their sum of funded amount outstanding and amount technically/prudentially written off as on September 30, 2019 reported in CRILC by banks, is provided," the RBI said in its written response dated April 24.

In his application, RTI activist Saket Gokhale had sought the list of defaulters as on February 16, but the RBI said the requested information is not available.

The RBI said that according to section 8 (1)(a) of RTI Act 2005 read with para 77 of Supreme Court judgement of December 16, 2015 in Jayantilal N Mistry case, information on overseas borrowers is exempted from public disclosure.

"Data is as reported by banks and RBI will not be held responsibly or accountable for any misreporting and/or incorrect reporting by the reporting entities," the RBI said in the written reply to the RTI query.

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News Network
March 25,2020

Kolkata, Mar 25: Amid the countrywide lockdown in the wake of coronavirus outbreak, Chief Minister Mamata Banerjee on Wednesday said that all police stations will take responsibility to deliver food at doorsteps under the supervision of District Magistrates and Police Superintendents.
"As we have to ensure that there is no scarcity of food, all Police stations will take responsibility to deliver food at doorsteps and it will be monitored by District Magistrates and Police Superintendents," said Banerjee at a press conference here.
She also said that under the social pension schemes, the pension holders will get their pension of March and April together.
Speaking on local police blocking people involved in essential services, she said, "The Officer-in-charge will have to ensure that the local police know about the rules and exemptions during the lockdown."
"If any police official or an administrative official is found flouting the lockdown norms, then strict action will be taken against them," she added.
The Chief Minister also said, "If somebody needs to help us by giving materials then they need to contact health department official Sanjay Bansal, whose contact number is - 9051022000."
"The government has also launched a State emergency relief fund wherein people can donate. For donation, the account number is 628005501339, IFSC: ICIC0006280 and website: wb.gov.in," she said.
She also said that on March 31 the government will review the situation.
According to a recent update by the Ministry of Health and Family Welfare, a total of 562 positive cases for coronavirus have been confirmed in the country.

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News Network
February 18,2020

New Delhi, Feb 18: Election strategist-turned-politician Prashant Kishor on Tuesday questioned the Nitish Kumar government's development model, even as he sneered at the chief minister for making ideological compromises to stay in an alliance with the BJP.

Kishor, who has been vocal about his opposition to the Citizenship (Amendment) Act (CAA), said Kumar needs to spell out whether he is with the ideals of Mahatma Gandhi or those who support Nathu Ram Godse.

"Nitish ji has always said that he cannot leave the ideals of Gandhi, JP and Lohiya... At the same time, how can he be with the people who support the ideology of Godse? Both cannot go together. If you want to stay with the BJP, I don't have any problem with it but you cannot be on both sides," he said.

"There has been a lot of discussion between me and Nitish-ji on this. He has his thought process and I have mine. There have been differences between him and me that the ideologies of Godse and Gandhi cannot stand together. As the leader of the party you have to say which side you are on," he added.

In a direct assault on Kumar's model of governance, Kishor said Bihar was the poorest state in 2005 and continues to be so.

"There has been development in Bihar during the last 15 years, but the pace has not been as it should have," he added.

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