No ban on day-dreaming: Javadekar on Rahul's prime ministerial aspirations

Agencies
May 22, 2018

Mumbai, May 22: Union minister Prakash Javadekar on Tuesday took a dig at Congress president Rahul Gandhi's remark that he is ready to be the prime minister, saying there is no ban on "day-dreaming".

The Congress has lost 20 states and it is in power only in a couple of states now. "If on that basis, Gandhi is thinking of becoming the prime minister, then there is no ban on day-dreams in this country," Javadekar told a regional television channel, when asked about the Congress chief's remark.

Gandhi had recently said he is ready to become the prime minister if his party emerges as the "biggest" party in the 2019 Lok Sabha polls.

Asked if Gandhi could pose a challenge to Prime Minister Narendra Modi in the parliamentary elections next year, Javadekar said, "A smart tweet or big talk is not politics. It is much more than that."

The BJP had only two MPs in the Lok Sabha in 1984 and it won 282 seats in the 2014 general polls. The Congress was then 400, which reduced to 44, he pointed out.

"There are lessons to be learnt by the Congress from our example," he said.

Asked about the recent political scenario in Karnataka, he said the southern state's governor had invited the BJP by acting within the constitutional framework.

"When we realised that we do not have the sufficient strength, our chief minister (B S Yeddyurappa) stepped down," he added.

On the Punjab National Bank scam involving diamond merchant Nirav Modi, the BJP leader said, "It happened during Congress period but we have arrested more than 13 people in connection with the case. We will seize their properties spread across the country."

On the BJP's slogan of 'Congress-free India', the minister said it means a country free of "crony-politics, lobbying and passing on benefits only to selected people."

"The bad culture in politics, introduced by the Congress, is what we have been opposing," Javadekar said.

Asked about Rahul Gandhi using a similar slogan of "Modi-mukt Bharat", he claimed that it does not have any appeal among people. "Being so anti-Modi is negative politics which will never be successful in the country."

Despite being a nationwide party, if the Congress was going to say it will only oppose (Prime Minister) Narendra Modi, then it is negative politics, he said.

Javadekar exuded confidence that the BJP will not only win the 2019 general elections, but its performance will also be better than earlier in West Bengal, Odisha, Tamil Nadu and Kerala. "We will also retain our current base in the country."

To a query on how the Centre was going to check the black money and if any opposition leader from Maharashtra would face the heat, he said the Benami Property Transaction Act is going to be implemented from June onwards.

"You will see many leaders of the Congress, the NCP and many more will face its heat. The properties and bungalows purchased in the name of some servants or non-existing person, all are going to be confiscated," he said.

Highlighting the government's achievements and lauding its Swachh Bharat Abhiyan, Javadekar said seven crore houses in the country got toilets.

"I have seen that women in Uttar Pradesh and Bihar have given their toilets the name of 'izzat ghar' as earlier it was embarrassing for them to go out in public," he said.

There are some 400 schemes in the country having an outlay of Rs 3.25 lakh crore, which directly gets deposited into the bank accounts, he said.

"The then prime minister, Rajiv Gandhi, had once said that if he sends Rs 100 to the people, only Rs 15 would reach actually. It was the Congress in power, from the Centre to village, and leaders were siphoning off money. We have stopped it," Javadekar said.

Comments

Mr Frank
 - 
Tuesday, 22 May 2018

Yes Modiji has got excellent experience of that in karnataka and it applies more to Modiji than Rahul for 2019.

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News Network
May 15,2020

Vishakhapatnam, May 15: LG Chem on Thursday said following the gas leak at its Visakhapatnam polymers plant, the company has started support measures and has begun the transportation of the Styrene Monomer inventory to South Korea to eliminate all risks factors.

The company would continue to work with government agencies to ensure all possible support for bereaved families and victims, LG Polymers, a step-down firm of LG Chem, said in a statement.

"We confirm the status-quo of the plant remains completely controlled by all measures. We have begun the transportation of the Styrene Monomer (SM) inventory within the plant as well as in the styrene tanks at the port by vessels to South Korea to prevent and eliminate all risks factors," the statement said.

The South Korean chemicals giant has sent an eight-member team from Seoul to investigate the Visakhapatnam gas leak incident and rehabilitate the victims of the tragedy that killed at least 11 people and forced the evacuation of thousands.

"The team of production, environment, and safety experts are currently investigating the cause of the incident and already supporting responsible rehabilitation which is their main objective," the statement said.

Furthermore, the team is working closely with related authorities to analyze the cause of the incident, prevent a recurrence, and support damage recovery in a prompt and expedient manner, it added.

On the support measures, the company said a special task force is currently supporting the bereaved victims and families and visiting them at the hospitals and their homes.

Besides, food and medical services have been organized for the returning residents. Various support activities such as supplying medical and household goods and sanitation of homes will be continued, it said.

"We assure everyone we will do our best to resolve the situation and prevent any incident in the future," the company said.

The company further said that "our teams will carry out mid-to-long-term Corporate Social Responsibility (CSR) projects that can contribute to the local community based on suggestions of the residents.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
January 12,2020

Patna, Jan 12: Prashant Kishor, national vice-president of the Janata Dal (United), a key ally of the BJP-led NDA, has thanked Congress general secretary Priyanka Gandhi and former AICC chief Rahul Gandhi for their support in opposing CAA (Citizenship Amendment Act) and NRC (National Register of Citizens).

Perceived as one of the closest associates of Bihar Chief Minister Nitish Kumar, who is also the party’s national president, PK (as Prashant is fondly called) also assured the two top Congress leaders that the contentious legislation would not be implemented in Bihar where JD (U) is ruling the State with the support of the BJP.

“I join my voice with all to thank #Congress leadership for their formal and unequivocal rejection of #CAA_NRC. Both @rahulgandhi and @priyankagandhi deserve special thanks for their efforts on this count….also would like to reassure to all – CAA/NRC won’t be implemented in Bihar,” tweeted PK on Sunday.

The development assumes significance as a day back, the Congress Working Committee (CWC) meeting, chaired by Sonia Gandhi, had strongly opposed CAA/NRC/NPR as it was aimed at “sinister design of the present regime to divide Indian people into religious lines.”

The latest tweet by PK is also being seen as a rebuff to the BJP, which again recently reiterated that “the BJP should project its own chief ministerial candidate during the 2020 Bihar Assembly elections.”

The JD (U) had taken umbrage over such provocative statements by BJP leaders and asked the saffron camp to rein in its ‘loudmouths’ as BJP chief Amit Shah had already made it clear that the next Assembly polls in Bihar would be fought under the leadership of Nitish.

Of late, PK has been quite vocal about his opposition to the Centre’s policies, particularly the contentious issues of NRC and CAA. Besides, he even dubbed senior BJP leader Sushil Modi as the man who became Bihar’s Deputy Chief Minister due to ‘circumstances’ as the BJP was decisively decimated during the 2015 Assembly elections.

Nitish never reprimanded PK for his jibe against Modi, thereby giving rise to speculations whether Bihar was again heading for a political churning ahead of Assembly polls slated for October this year.

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