PM cannot escape responsibility in coal scam: Oppn

October 16, 2013

New Delhi, Oct 16: The opposition today targeted Prime Minister Manmohan Singh saying escape responsibility in coal scam.

Latching on to comments by former Coal Secretary P C Parakh, the opposition today targeted Prime Minister Manmohan Singh, saying he cannot escape responsibility in the controversial allocations as held the charge of the Coal Ministry at that time.

PM_Cannot

BJP and Left parties demanded a fair and transparent probe into the issue after Parakh said that the PM should also be an accused as he is equally responsible in coal block allocations.

"I am not surprised that the then Coal Secretary Parakh has said that the PM should be accused No. 1 in the coal scam. We are all aware of the fact that he was the Coal Minister during the period of the coal scam and every allotment of coal block has been done with his signature," BJP leader Yashwant Sinha said.

He said that Parakh should reveal all details about how coal files were disposed off.

"He has spoken a little, he should come out clean now, make public statements of how files were disposed off at that time, how chits were received from Congress party headquarters and the PMO and how PMO transmitted those instructions to the Coal Ministry for allotment of coal blocks either to the favourites or to persons with whom they had struck deals," he said.

BJP Deputy Leader in Rajya Sabha Ravi Shankar Prasad said Parakh's statement "merits serious consideration" as the accountability of the PMO and the PM is equally important.

"Parakh, who was termed a whistle blower by CAG report, was demanding a fair process for whole allocation through auctioning which was delayed by the government. Until the new rules came into being, these all coal blocks were allocated in a hurry to ineligible persons.

"Therefore, the accountability of the PMO and the PM is equally important. We demand a fair investigation," he said.

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Agencies
February 27,2020

Bengaluru, Feb 27: Defence Minister Rajnath Singh on Thursday said that the situation is moving towards normalcy in Delhi after recent incidents of violence.

"Situation is moving towards normalcy," Rajnath told media here.

Joint Commissioner of Police (Traffic) Narendra Singh Bundela on Thursday said that the law and order and traffic situation in violence-affected parts of Delhi is normal.

"The situation is quite normal and peaceful as far as security and traffic are concerned. We have held talks and conducted patrols with people of all communities. Services such as road cleaning have resumed and traffic flow is normal," Bundela told ANI here.

"People can go out to get their daily needs from the market but we are advising them not to come out in groups," he added.

Meanwhile, the death toll in the incidents of violence in North-East Delhi has risen to 34.

Delhi Police has registered 18 FIRs and 106 people have been arrested in connection with the violence.

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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News Network
March 27,2020

Srinagar, Mar 27: Over 180 people with undeclared recent travel histories have been traced and shifted into quarantine in Srinagar, officials said.
"COVID-19: Over 180 persons with undeclared recent travel histories have been traced and shifted into quarantine this past week in Srinagar. Some 200 more complaints are being verified. Just hoping no one is infected as it's just too hard to even imagine the possible consequences." Srinagar district administration tweeted.
The Ministry of Health and Family Welfare had earlier on Thursday reported 88 new COVID-19 cases, which is the highest in a single day, taking the total countrywide tally to 694.

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