Wharton cancels Modi's keynote address

March 4, 2013

Modis_keynote_addressWashington, Mar 3: The prestigious Wharton school today cancelled the keynote address of Gujarat Chief Minister Narendra Modi following uproar from a section of university professors and students on the invitation.

The organising committee of the prestigious annual event apologized for putting the university and the Wharton School administration in a "difficult position".

It said Modi's address would be replaced by a prominent Indian leader, whose name would be released very soon.

But standing by its decision to invite Modi for the event, the organising committee hoped to invite him later some time without causing such a distraction as it has done now.

"Mr Modi's keynote address at Wharton India Economic Forum has been cancelled," the Wharton India Economic Forum said in a statement.

Modi was invited to deliver the keynote address at the Forum to be held in Philadelphia on March 22-23 via videoconference.

"We hope to have Mr Modi speak at a more appropriate forum where he can interact with students without the distraction of this kind of attention," the statement said.

A group of Wharton's professors and students had written a strongly-worded letter saying they are outraged to learn that the Forum has invited Modi as a keynote speaker.

The letter noted, "This is the same politician who was refused a diplomatic visa by the United States State Department on March 18, 2005 on the ground that he, as Chief Minister, did nothing to prevent a series of orchestrated riots that targeted Muslims in Gujarat."

Planning Commission Deputy Chairman Montek Singh Ahluwalia is expected to address the Forum on March 23.

"With all the chosen speakers across multiple keynotes and panels, our goal as a team is to provide a neutral platform to encourage cross pollination of ideas as we all work towards contributing to India's success.

"Through this ideology, we hope to present multiple opinions and ideas to our audiences and supporters across the world and constructively contribute to the intellectual milieu for which University of Pennsylvania and The Wharton School stand," the statement said.

Arguing that they do not endorse any political views and do not support any specific ideology, the Forum said their goal as a team is only to stimulate valuable dialogue on India's growth story, where students and audiences can interact with influential leaders from across India.

The student organising body was extremely impressed with Mr. Modi's credentials, governance ideologies, and leadership, which was the primary reason for his invitation, it said.

"However, as a responsible student body within the University of Pennsylvania, we must consider the impact on multiple stakeholders in our ecosystem," it explained.

"Our team felt that the potential polarizing reactions from sub¬segments of the alumni base, student body, and our supporters, might put Mr Modi in a compromising position, which we would like to avoid at all costs, especially in the spirit of our conference's purpose," the statement said.

Asserting that it stands by its decision to invite Modi, the organising committee said it believes that this course of action would be the most appropriate in light of the reactions of the multiple stakeholders involved.

"Therefore, we as a team, would like to apologize for being a catalyst may have put Mr. Modi and the Wharton School administration in an difficult position," it said.

The Wharton India Economic Forum, an annual student run India-centric conference started in 1996, aims to bring together business and political leaders, professionals, academics and students from across

the world to discuss India's evolution into a global economic power, the key social, political and financial challenges which still stand in its way and possible solutions.

The committee said it is in the last stages of finalizing an additional keynote address to complete its lineup.

"This keynote will be delivered by a very prominent Indian leader and will be announced very soon on our website," it added.

Among other eminent invited guests to the conference include Milind Deora, the Union Minister of State for IT and Communications; Gautam Adani, chairman of the Adani Group; actress Shabana Azmi, poet and scriptwriter Javed Akhtar.

Earlier keynote speakers have included former president Dr A P J Abdul Kalam, Union Finance Minister P Chidambaram, BJP leader Varun Gandhi and industrialist Anil Ambani.

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News Network
February 29,2020

Kollam, Feb 29: Seven-year-old Devananda, whose body was found in a lake, was laid to rest at Kudavattoor in the Kollam district of Kerala on Friday evening.

She was laid to rest near her father Pradeep Kumar's house in Kudavattoor. Earlier, the body was kept at her mother Dhanya's house in Ilavoor and Vakkanadu school, where she studied in Class 1, for the public to pay respect.

Hundreds of people visited to pay their last respects to the child.

An intense social media campaign was launched to trace the child after she was reported missing on Thursday morning.

According to police, an autopsy conducted in Thiruvananthapuram Medical College led to a preliminary conclusion that the cause of death was drowning. Residues of mud and silt have been found in her respiratory tract.

Signs of any kind of violence inflicted on the child have been ruled out. The body was released to the family after the autopsy.

Chief Minister of Kerala Pinarayi Vijayan and Opposition leader Ramesh Chennithala, BJP state president K Surendran were among many politicians who offered the condolences.

Many celebrities including Mammootty, Dulqar Salman, Kunchako Boban took to Facebook to pay their tribute to Devananda.

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Agencies
February 4,2020

Dirbrugarh, Feb 4: Three persons, including two BJP activists, have been arrested for allegedly attacking the residence of Union minister Rameswar Teli during anti-CAA protests in Assam, police said on Monday.

The house of Teli, Union Minister of State for Food Processing, in Upper Assam's Duliajan town was attacked on December 11 during the statewide stir against the contentious Citizenship (Amendment) Act, 2019.

"Based on CCTV footages, Debajit Hazarika, Vicky Sonar and Arup Kahar were arrested. We had picked them up on Sunday," Dibrugarh Superintendent of Police, Sreejith T told PTI.

A total of 18 persons have been arrested so far for allegedly attacking Teli's house, he said.

"These three persons were also involved in pelting stones on a police party during protests in Duliajan," Sreejith said.

A BJP source confirmed that Debajit Hazarika and Vicky Sonar are party activists.

Family members of the accused have given statements to the police on the arrested persons' alleged role in violence and attacking Teli's house, sources said.

When contacted, Teli said, "I do not know for what reasons they were apprehended. But if police arrested them after proper investigation, then there must be some truth. The trio stays near my house. They always attended my programmes with their families."

A total of 88 people have been arrested so far from Dibrugarh district for their alleged involvement in violence during protests against the Act.

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News Network
May 6,2020

New Delhi, May 6: Taking a cue from states, the Centre announced one of the steepest hikes in duties on petrol and diesel in the recent past, by raising it by Rs 10 and Rs 13 per litre, respectively, in a notification issued late on Tuesday.

Retail prices, however, will see no change as the price hike will be absorbed by oil marketing companies against the fall in crude prices.

Road and infrastructure cess was hiked by Rs 8 for petrol and diesel and the special additional excise duty (SAED) was hiked by Rs 2 per litre and Rs 5 per litre, respectively. While the road cess will only go into the Centre’s coffers, the hike on account of SAED will be passed on to states via devolution at 42 per cent. Hence, the states will get only Rs 0.84 per litre in case of petrol and Rs 2.1 in case of diesel.

The decision comes after several states increased the value added tax (VAT) on petrol and diesel making use of the lower price regime. The Delhi government on Tuesday increased VAT on petrol and diesel to 30 per cent each, from 27 and 16.75, respectively. As a result, the price of petrol in Delhi increased by Rs 1.67 to Rs 71.26 a litre and diesel by Rs 7.10 to Rs 69.29 in Delhi on Tuesday.

Amid falling international crude oil prices, the Centre introduced an enabling provision in March to raise excise duty on petrol and diesel by Rs 8 per litre in the Finance Act. The government had on March 14 raised excise duty on petrol and diesel by? 3 per litre each, which was to help raise an additional ?39,000 crore in revenue annually.

This duty hike included Rs 2 a litre increase in SAED and Rs 1 in road and infrastructure cess. It raised SAED to Rs 10 for petrol and Rs 4 for diesel. The limit has now been increased to Rs 18 a litre in case of petrol and Rs 12 in case of diesel by way of amendment of the Eighth Schedule of the Finance Act.

Economists said the move would impact retail inflation by over half a percentage point at least. “With lower consumption, there was loss of revenue for Centre and states, who earn Rs 6 trillion annually or Rs 50,000 crore monthly from fuel. Amid lockdown in April, the collection must have come down to just Rs 5,000 crore, and this will hold for May.

This means that Centre and states have lost 20 per cent of annual revenue from fuel. Hence, they have hiked duties to recover losses,” said Madan Sabnavis, chief economist, CARE Ratings. He added that the hike will impact inflation by at least 0.6-0.7 percentage points.

According to industry experts, an estimate of the additional government revenue cannot be made as the consumption of petrol and diesel has dropped to 40 per cent of what it was before the lockdown. The duty hike comes following a drop in international crude oil prices in April, owing to lower consumption figures globally. At 11.50 pm on Tuesday, Brent was priced at $30.67 a barrel, while West Texas Intermediate (WTI) crude was seen at $24.36 a barrel. On Monday, the Indian basket of crude oil was priced at $23.38 a barrel, after touching a 15-year low last month.

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