Four-day Lok Sabha logjam over FDI ends

November 29, 2012

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New Delhi, November 29: The four-day logjam in Lok Sabha over the FDI in retail ended today with Speaker Meira Kumar allowing a discussion on the subject under a rule that entails voting.

 

"I have received 30 notices for discussion on FDI in multi-brand retail under Rule 184. I have admitted the motion to allow the discussion. The date and the time will be decided later," the Speaker announced in the House.

 

Her observation came minutes after the Leader of the House Sushilkumar Shinde, Parliamentary Affairs Minister Kamalnath and Leader of the Opposition Sushma Swaraj met her in her chamber before the House met for the day.

 

Government had yesterday itself given clear signals that it has no problem in having a discussion on FDI under a rule that entails voting after Nath held consultations with Swaraj and her Rajya Sabha counterpart Arun Jaitley.

 

Swaraj welcomed the decision of the Speaker. "I welcome the decision. I assure you smooth functioning of the House," she said immediately after the Speaker allowed it.

 

Parliament has not been functioning since Winter Session began on November 22 with the Left and the Right making a common cause on the demand for a discussion under a rule that entails voting.

 

An indication of a resolution to the logjam was available in the morning itself when Kamalnath told reporters that he was hopeful that Parliament will run smoothly.

 

Yielding to Opposition pressure, Government agreed to the measure to discuss the issue under Rule 184 to ensure "smooth functioning" of the House as opposition parties stuck to their demand.

 

Parliament failed to transact any business for four consecutive days 22 despite government's efforts to break the logjam over FDI through an all-party meeting.

 

The all- party meeting on Monday saw SP and BSP providing comfort to the government by not insisting on voting. UPA constituent DMK, which has been opposing FDI in multi-brand retail, also finally agreed to vote with the government.

 

Trinamool Congress, which had given a notice for no-confidence motion last week over FDI issue, had sprung a surprise by not pressing for vote during the meeting.

 

TMC MPs, however, protested against FDI at Parliament gate today and shouted slogans against the UPA government over its measures like FDI in multi-brand retail and proposed pension reforms.

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Mumbai, Jan 18: Maharashtra Tourism Minister Aaditya Thackeray on Friday said shops, restaurants, malls and pubs will remain open 24 hours on an experimental basis in a few areas of Mumbai from January 26.

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Thackeray had batted for all-night-open eateries and other establishments in the city during the earlier BJP-Shiv Sena regime too.

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News Network
January 22,2020

New Delhi, Jan 22: Delhi Chief Minister Arvind Kejriwal has assets worth Rs 3.4 crore, an increase of Rs 1.3 crore from 2015, according to his election affidavit.

Kejriwal's total assets were worth Rs 2.1 crore in 2015.

The cash and fixed deposits of Kejriwal's wife Sunita Kejriwal increased from Rs 15 lakh in 2015 to Rs 57 lakh in 2020.

A party functionary said Rs 32 lakh worth cash and fixed deposits have been received by Sunita Kejriwal as voluntary retirement benefits while the rest are savings.

The cash and fixed deposits of the chief minister increased from Rs 2.26 lakh in 2015 to Rs 9.65 lakh in 2020.

There was no change in the value of immovable assets of his wife while Kejriwal's immovable assets' worth increased from Rs 92 lakh to Rs 177 lakh.

The party functionaries said increase in Kejriwal's immovable assets' worth is due to the increased valuation of the same asset as in 2015.

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News Network
March 9,2020

New Delhi, Mar 9: A war of words broke out between the BJP and the Congress on Sunday over the Yes Bank crisis with the ruling party seeking to link it with the Gandhi family, while the opposition wondered if the prime minister and finance minister were "complicit" as the bank's loan book grew manifold.

Posting on Twitter a clip of a news channel report that Rana Kapoor, the arrested Yes Bank founder, had bought a painting from Congress leader Priyanka Gandhi Vadra, BJP's information and technology wing in-charge Amit Malviya alleged that every financial crime in India has "deep links" with the Gandhis.

The Congress dismissed the charge "fake" and called it a "diversionary" tactic.

It said Priyanka Gandhi had sold an M F Hussain painting of her father Rajiv Gandhi to Kapoor for Rs 2 crore, and the entire amount was disclosed in her income tax return of 2010.

Malviya tweeted, "Every financial crime in India has deep link with the Gandhis. Mallya used to send flight upgrade tickets to Sonia Gandhi. Had access to MMS (Manmohan Singh) and PC (P Chidambaram). Is absconding. Rahul inaugurated Nirav Modi’s bridal jewellery collection, he defaulted. Rana bought Priyanka Vadra’s paintings."

Congress' chief spokesperson Randeep Surjewala asked how does an M F Hussain painting of Rajiv Gandhi sold 10 years ago by Priyanka Gandhi to Yes Bank owner Rana Kapoor and disclosed in her tax returns connect with unprecedented giving of loans of Rs 2,00,000 crore in five years of the Modi government.

"More so, when (Kapoor's) proximity to BJP leaders is well known," he said.

Rubbishing the BJP's allegation, Congress spokesperson Abhishek Manu Singhvi at a press conference said it was a "diversionary" tactic by the government.

He noted that the bank's loan book rose from Rs 55,633 crore in March 2014, the year Narendra Modi became prime minister, to Rs 2,41,499 crore in March 2019.

"Why did the loan book rise by 100 per cent in two years after demonetisation i.e from Rs 98,210 cr in March 2016 to Rs 2,03,534 ar in March 2018? Were PM and FM sleeping, ignorant or complicit?" he asked.

The entire amount Priyanka Gandhi had received was in cheque and was fully disclosed in the income tax return, Singhvi said.

Surjewala, taking to Twitter, said instead of diverting from the real issue of people's money sinking into a bad bank, should not the government answer questions like how did loans given by Yes Bank rise from Rs 55,633 crore in March 2014 to Rs 2,41,499 crore in March 2019, an increase of almost Rs 2,00,000 crore in fiver years of the Modi government.

Why did the loans given by Yes Bank rise by a whopping 100 per cent in just two years after demonetisation, he asked.

Surjewala also questioned why did the prime minister address a conference sponsored by Yes Bank on March 6 despite the RBI moratorium.

"Why did the Haryana BJP government deposit over Rs 1,000 crore in Yes Bank a month ago, knowing that it was sinking? Is this figure Rs 3,000 cr? Did Fadnavis government in Maharashtra make similar deposits?" Surjewala asked.

"Of course, the government's media proxies won't dare to ask these questions. But the nation wants to know!" he said in a series of tweets.

Kapoor, 62, was arrested by the Enforcement Directorate in Mumbai after charges of alleged financial irregularities and mismanagement in the bank's operations surfaced and the RBI and Union government initiated action to control its affairs.

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