No place for Dalits and backwards in the heart of Congress: PM Modi

Agencies
May 10, 2018

Bengaluru, May 10: There is no place for Dalits and backward classes in the heart of the Congress, Prime Minister Narendra Modi said on Thursday, asserting his government is trying to realise B R Ambedkar's dream of a powerful and prosperous India.

Launching a blistering attack on the Congress over the way it has treated Dalits, Modi said the party showed no respect for Ambedkar.

The Congress, he alleged, used "all its power" to defeat Ambedkar when he contested Lok Sabha election in 1952 and Bandara Lok Sabha by-election in 1953.

"That is the reason why Baba Saheb had to face defeat and insult. Let Congress show at least one thing it did to honour Baba Saheb," he said.

Addressing BJP's SC/ST/OBC and Slum Morcha workers through his Namo App, Modi said, "There is no place for Dalits and backward classes in the heart of the Congress."

"This has been happening for decades. Till the time the Congress party was in power, Baba Saheb was not given Bharat Ratna," he said.

Maintaining that Ambedkar dreamt of an India which takes everybody forward together, he said the BJP is trying to fulfil his dream by implementing various schemes.

The government, he said, is making efforts to ensure there is social justice and equality.

Modi said 'Stand Up' and 'Mudra' Yojanas are playing a major role in the financial empowerment of scheduled castes, scheduled tribes, OBCs and women.

Noting that the BJP has the most number of MPs belonging these categories, Modi said, it was for the first time after Independence that the Atal Bihari Vajpayee government created a separate ministry for scheduled tribes.

Also, it was under Vajpayee that the government created a separate national commission for scheduled tribes, he said.

Modi said the BJP has its governments in Madhya Pradesh, Maharashtra, Gujarat, Rajasthan, Jharkhand and Chhattisgarh which have sizeable tribal population.

It is also in power in northeastern states like Assam, Arunachal Pradesh, Manipur and Tripura, and is part of coalition dispensations in Nagaland and Meghalaya."This shows that tribal people are fully supporting BJP," he said.

He said the party's manifesto for Karnataka elections has details of the programmes its government will undertake for the empowerment of the scheduled tribes.

In Chitradurga, Mysuru, Uttar Kannada and Bagalkot, the government will set up four 'sindhoora laxman training centres' for vocational training, he said.

Modi said the Congress never thought of giving constitutional status to OBC Commission.

"What problem they have I am yet to understand. Every time they create obstacles despite the community's demand for it," he said.

The Congress, he said, did not allow Parliament to function to block the government's move to accord constitutional status to OBC Commission.

Modi said his government made provisions of SC/ST (Prevention of Atrocities) Act more stringent and increased the number of offences listed under it from 22 to 47.

"The government did this because I know what problems the poor face, what pain Dalits and tribals suffer, and what kind of language is used against them.

"He asked BJP workers to visit the homes of people belonging to scheduled castes, scheduled tribes and backward classes to reassure them that BJP will work for their welfare.

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News Network
June 25,2020

Ottawa, Jun 25: Prime Minister Justin Trudeau took his son out for ice cream on Wednesday in his first family outing since Canada started easing out of its pandemic lockdown.

It was also Saint-Jean-Baptiste Day in Quebec province.

Wearing masks, the Canadian leader and his six-year-old son Hadrien were cheered at Chocolats Favoris in Gatineau, Quebec.

According to a pool report, Trudeau said the shop tapped into a federal emergency wage subsidy and business loan in order to weather the pandemic, and "avoid being frozen out of the frozen treat market."

Hadrien is said to have bounced with excitement, settling on a vanilla cone with a cookie topping while dad bought a vanilla cone dipped in chocolate for himself.

Father and son then headed out to the patio, where they doffed their masks to eat their cones.

Canada's provinces and territories declared states of emergency mid-March, closing schools and non-essential businesses in response to the pandemic.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
March 3,2020

New Delhi, Mar 3: Delhi's Tihar Prison authorities had made all necessary preparations for the hanging of four convicts in the Nirbhaya gangrape-and-murder case which was scheduled for Tuesday, officials said Monday.

However, on Monday evening, a city court deferred the hanging till further orders.

Postponing the execution, Additional Sessions Judge Dharmender Rana said the hanging cannot be carried out pending disposal of Pawan Gupta's mercy plea before the President, observing any condemned convict must not meet his "Creator" with grievance against courts for not acting fairly on the opportunity to exhaust legal remedies.

"We had made all the necessary arrangements for the execution of the four convicts which was scheduled for Tuesday at 6 AM. Now, the execution has been postponed and we are waiting for the further order by the court," a senior jail official said.

The hanging of the four men -- Mukesh Kumar Singh (32), Vinay Kumar Sharma (26), Akshay Kumar Singh (31) and Pawan -- who are lodged in Tihar jail, was fixed for March 3 in Tihar jail on a court order.

"We had checked the ropes. Hangman was called and dummy executions were carried out," another senior jail official said.

Barring Pawan, the other three had in the previous weeks moved curative petitions and mercy pleas which were all dismissed.

The first date of execution -- January 22 -- fixed on January 7 was postponed by the court to February 1. But on January 31, the court indefinitely postponed the hanging. On February 17, the court again issued fresh date for execution of death warrants for March 3 at 6 AM.

The court in its orders observed that the four convicts cannot be hanged since a mercy plea of one or the other convict was pending.

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