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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Agencies
June 23,2020

New Delhi, Jun 23: "Coming up with a clinically tested, evidence-based medicine was a challenge," said Yoga Guru Ramdev as on Tuesday he launched Patanjali's Coronil tablet, which he claims is a cure for COVID-19. He also talked about various other immunity boosters at an event here during the launch.

Patanjali claims those administered the medicine were fully cured and none died. Ramdev even claimed that 69 per cent of them recovered within 3 days.

"We appointed a team of scientists after COVID-19 outbreak," said Balkrishna, Ramdev's close aide and MD of Patanjali Ayurved. He added that Patanjali conducted a clinical case study on hundreds of positive patients.

Patanjali has claimed that the clinical trials which were controlled in nature, was jointly conducted by Patanjali Research Institute which is based out of Haridwar and the National Institute of Medical Sciences, Jaipur.

Talking about the clinical trials, Ramdev said, "Under this 280 patients were included and 100 per cent of those recovered." He added they were able to control Coronavirus and its complications.

He said that in the next few days, data of the trail will be released as evidence to bolster claims. There are now over 9 million people affected by the pandemic since it broke out in China's Wuhan city in December 2019.

He said Ayurvedic elements are being used in the tablet. "There are more than 100 compounds used in the Coronil," he added. An entire kit is being made for that which consists of other Ayurvedic medicine as well which helps in immunity. The entire kit comes at Rs 600. However, he claimed that it will be given for free to those living below the poverty line.

As for doses, Panajali prescribes: "2-2 tablets should be consumed with hot water half an hour after meals. The above mentioned drug intake and quantity is suitable for people between 15 to 80 years of age. Half the amount of the above mentioned medicines can be used for children between the age of 6 to 14 years." These are the written instructions on the pack.

India has been battling the pandemic with close to 4 lakh cases in India on Tuesday and around 14,000 deaths so far.

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News Network
February 9,2020

Mumbai, Feb 9: Given the slow progress on the ongoing Rs 38,000-crore capacity expansion at the four largest metro airports, and also the surging traffic, the snaky queues will continue at least till 2023, warns a report.

The four largest airports -- New Delhi, Mumbai, Bengaluru and Hyderabad -- handle more than half of the traffic and are operating at 130 per cent of their installed capacity. These airports are under a record Rs 38,000-crore capex but the capacity will not come up before end-2023, says a Crisil report.

“With the dip in traffic growth largely behind, we expect congestion at the top four airports of New Delhi, Mumbai, Bengaluru and Hyderabad, which handle more than half of the load, to continue till about FY23,” says the report.

Already these airports are operating at over 130 percent of installed capacity, and the ongoing healthy traffic growth this operating rate is expected to rise further in the next 12 months.

“Operationalising of capacities in the following two fiscals will bring down utilisation levels albeit still high at over 90 per cent by fiscal 2023 and that is despite an unprecedented Rs 38,000 crore capex being undertaken by the operators of these airports over five fiscals 2020-24,” says the report.

Despite this unprecedented capex that is debt-funded, ratings are likely to be stable given the strong cash flows expected due to healthy traffic growth, low project risks associated with the capex and improving regulatory environment, notes the report.

“Capacity at these four airports will increase a cumulative 65 per cent to 228 million annually (from 138 million now) by fiscal 2023. However, traffic is expected to grow strong at up to 10 per cent per annum over the same period. Since additional capacities will become operational in phases only by fiscal 2023, high passenger growth will add to congestion till then,” warn the report.

High utilisation will ride on pent-up demand (accumulated in 2019 as traffic was impacted with the grounding of Jet Airways) and one-off issues with new aircraft of certain airlines.

Further impetus will also come from improving connectivity to lower-tier cities and reducing fare difference between air and rail. Increasing footfalls at airports provide a leg-up to non-aero streams such as advertising, rentals, food and beverage and parking, which comprise around half of the revenue of airports already.

These are expected to grow strongly at over 10-12 per cent, also supported by higher monetisation avenue coming along with current capex. The other half of revenue (aero revenue) is an entitlement approved by the regulator, providing a pre-determined, fixed return over the asset base and a pass-through of costs.

Aero revenue is also expected to get a bump up during fiscals 2022-24, when a new tariff order for airports is likely. Overall aggregate cash flows are likely to double by fiscal 2024 and provide a healthy cushion against servicing of debt contracted for capex, the report concludes.

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News Network
February 6,2020

New Delhi, Feb 6: DMK Lok Sabha member M K Kanimozhi on Wednesday challenged popular actor Rajinikanth to raise his voice for Muslims, saying they have "already been affected" by the Citizenship (Amendment) Act and are protesting on streets against the law.

Reacting to his statements earlier in the day in Chennai that "CAA is no threat to Muslims" and "if they face trouble I will be the first person to raise voice for them," Kanimozhi, daughter of former Tamil Nadu Chief Minister M Karunanidhi, told news agency that "Muslims in India have already been affected due to CAA".

"Let him (Rajinikanth) come forward and raise his voice for the affected Muslims", she said.

She said the members of the community have been protesting as the law leaves out Muslims.,

Asked whether Rajinikanth, through this pro-CAA statement, was moving closer to the BJP, the MP from Tuticorin said, "What he has said is no different from the BJP's narrative which we have been listening in parliament for the last few days".

Under CAA, members of Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities who came to India from Pakistan, Bangladesh and Afghanistan till December 31, 2014, to escape religious persecution there will not be treated as illegal immigrants, and be given Indian citizenship.

Rajinikanth had asserted that the legislation did not pose any threat to Muslims. He wondered as to how Muslims, who chose to stay back in India following Partition will be sent out of the country. Besides, the central government had assured that Indian people will have no issues in view of CAA, he noted.

He charged that some political parties were instigating people against the CAA for their selfish interests.

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