PDP, BJP reach agreement, Mufti to be J&K CM

February 21, 2015

Jammu, Feb 21: PDP patron Mufti Mohammad Sayeed will be the Jammu and Kashmir chief minister after his party reached an agreement for forming a government with the BJP, top party sources said Saturday.

Mufti JKSources close to PDP patron Mufti Muhammad Sayeed, who returned to winter capital Jammu Friday after spending a week in Mumbai, an agreement had been reached on all contentious issues between the PDP and the BJP.

"Yes, main agreement has been reached on the draft of the CMP (common minimum programme) on contentious issues like article 370, armed forces special powers act (AFSPA) and the plight of West Pakistan refugees.

"It has been agreed that without any written reference to it, both the parties would respect the wishes of the people of the state in consonance with the constitution of the country with regard to article 370," a top party source said.

As per the agreement, Mufti Mohammad Sayeed will be the chief minister for the full six years.

The PDP insider who is engaged with the BJP in the dialogue process on government formation on behalf of his party also said instead of accepting the demand that the AFSPA should be revoked from the entire state within one year, it has now been agreed by the two parties that a committee would be formed which would recommend gradual, but timely, revocation of the act from areas in the state.

Sources in the BJP said: "The PDP has agreed to the BJP demand that the CMP should accept that the problems faced by West Pakistan refugees should not be politicized, but treated as a humanitarian issue that needs to be addressed on humanitarian grounds."

When asked to comment on media reports that government formation in the state was imminent because the PDP and the BJP had agreed on the draft of the common minimum programme (CMP) for

governance, party chief spokesman Naeem Akhtar told IANS in winter capital Jammu: "I am meeting Mufti Sahib today and if anything has been worked out, we will hold a briefing about it during the day."

Unlike his steady dismissal of any agreement with the BJP during the last nearly two months when he maintained the "structured dialogue between the BJP and the PDP had not even started", Akhtar sounded less circumspect Saturday about his lack of knowledge regarding an agreement on the common minimum programme with the BJP.

West Pakistan refugees are those over 25,000 families who came to the state after the India-Pakistan wars of 1947, 1965 and 1971.

Since these people were not citizens of the erstwhile state of Jammu and Kashmir as it existed before accession to India in 1947, they cannot vote in the state assembly elections, nor buy property in the state.

These refugees cannot apply for government jobs since all the state government jobs in Jammu and Kashmir are reserved for permanent residents of the state.

As an anomaly, the West Pakistan refugees can vote in the parliament elections, but not in the state assembly elections since the state has a constitution of its own in addition to the country's constitution and both apply concomitantly to the state.

With regard to the PDP demand on return of NHPC owned hydro-electric power projects in the state to state ownership, the sources said it had been agreed that the two would work together for central assistance for state ownership of these projects.

"The nuts and bolts job has been completed. All that now remains is an announcement on the agreement between the two which could be made within the next two to three days," said sources.

The sources added that Mufti Mohammaad Sayeed would formally call on Prime Minister Narendra Modi after the PDP and the BJP announce having formalized the draft of the CMP.

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News Network
January 9,2020

New Delhi, Jan 9: Amazon founder and CEO Jeff Bezos will be visiting India next week and is likely to meet Prime Minister Narendra Modi and officials, besides industry leaders, according to sources.

The top executive will also attend SMBhav – an event focussing on small and medium businesses in India - that is slated for January 15-16 in the capital city.

When contacted, Amazon declined to comment.

Amazon, which has seen significant growth in its business in India, has also witnessed protest from a section of traders in the country who claim that e-commerce giants including Amazon and Walmart-owned Flipkart offer deep discounts and engage in unfair business practices.

Last year, the government had tightened rules for e-commerce marketplaces with foreign investment. These rules barred such platforms from offering products of sellers in which they hold a stake and banned exclusive marketing arrangements among other clauses. Following this, Amazon restructured its joint ventures to ensure compliance.

Bezos is likely to discuss regulatory issues in his meeting with the government officials.

He is also slated to engage with SMBs during the SMBhav event. The event - which will focus on discussions around how technology adoption can enable SMBs in India - is slated to see participation from industry experts, policymakers, solution providers and Amazon leadership.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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coastaldigest.com news network
July 27,2020

Ayodhya, Jul 27: With days to go for the August 5 "bhoomi pujan" ceremony of the Ram temple in Ayodhya, the mosques adjacent to the demolished Babri Masjid premises are spreading the message of a peaceful coexistence of Hindus and Muslims.

There are eight mosques and two mausoleums located close to the 70-acre Babri Masjid premises mandated by the Supreme Court for a temple of Sri Ram.

Azaan and namaaz are offered in the mosques and the annual "Urs" is held at the mausoleums without any objection from the local Hindus.

The eight mosques located near the upcoming Ram temple premises are Masjid Dorahikuan, Masjid Mali Mandir ke Bagal, Masjid Kaziyana Achchan ke Bagal, Masjid Imambara, Masjid Riyaz ke Bagal, Masjid Badar Paanjitola, Masjid Madaar Shah and Masjid Tehribazar Jogiyon ki.

The two mausoleums are Khanqaahe Muzaffariya and Imambara.

"It is the greatness of Ayodhya that the mosques surrounding the Ram temple are giving a strong message of communal harmony to the rest of the world," Haji Asad Ahmad, the corporator of the Ram Kot ward, said. The Ram temple area is situated in Ahmad's ward.

"Muslims take out the 'juloos' of Barawafaat that goes through the periphery of Ram Janmabhoomi. All religious functions and rituals of Muslims are respected by their fellow citizens," the corporator said.

Asked for a comment on the presence of mosques near the upcoming Ram temple premises, the chief priest of the temple, Acharya Satyendra Das, said, "We had a dispute only with the structure that was connected to the name of (Mughal emperor) Babur. We have never had any issue with the other mosques and mausoleums in Ayodhya. This is a town where Hindus and Muslims live in peace."

"Muslims offer namaaz, we perform our puja. The mosques around us will strengthen Ayodhya's communal harmony and peace will prevail," he added.

Both Hindus and Muslims have accepted the Supreme Court verdict over Ram Janmabhoomi, Das said, adding, "We have no dispute with each other."

Sayyad Akhlaq Ahmad Latifi, the "sajjada nasheen" and "pir" of the 500-year-old Khanqaahe Muzaffariya mausoleum, said Muslims in Ayodhya are performing all religious practices freely.

"We offer prayers five times a day in the mosque at Khanqaah and hold the yearly 'Urs'," he added.

"What a scene would it be -- a grand Ram temple surrounded by small mosques and mausoleums and everyone offering prayers according to their beliefs. That will be representative of the true culture of India," Mahant Yugal Kishore Sharan Shastri, the chief priest of the Sarayu Kunj temple adjacent to the Ram Janmabhoomi premises, said.

Reacting to the presence of mosques and mausoleums near the Ram Janmabhoomi premises, Triloki Nath Pandey, the decree holder of the land as the "first friend of Ram Lalla" as mandated by the Supreme Court, said, "We do not have any objection to either those mosques or any other mosques. We will not trigger a dispute regarding any structure, Ayodhya must live in peace and communal harmony."

Mahant Raju Das, the priest of the Hanumangarhi temple, said, "The presence of the mosques tells the story of Ayodhya's communal harmony. A Ram mandir will be built and there will be no objection to the mosques or religious practices of Muslims."

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