PM Modi slams Cong, seeks clear mandate for Haryana's development

October 4, 2014

Karnal (Har), Oct 4: Continuing his Lok Sabha plank of ousting the Congress, Prime Minister Narendra Modi today sought a clear mandate for the BJP in Haryana for putting the state on a growth trajectory.

Modi slamsKicking off his party's poll campaign in Haryana, he hit out at the Congress for the state's backwardness.

Modi said that today the entire world was looking at India with greater respect and this had happened not because of him, but the power of 125 crore people of India, who had formed a strong and stable government at the Centre.

"Why has India's pride increased today? It is not because of Modi, it is because 125 crore people of India have formed a stable and strong government in Delhi. This is your magic not Modi's magic. Do you want that Haryana's name also echo around the world.

"Its first condition is that there should be 'Congress mukt Haryana'. The second that a stable government with full majority should be formed. And third, there should be a government which lets Modi work in Haryana," he said.

Attacking the ruling Congress in the state, Modi said that those who could not do anything for the last 60 years were now asking for his record in 60 days.

"The people who could not do anything in 60 years, they are asking for my 60 day record," he said.

In his 30-minute address at a rally here, Modi, while describing the ruling Congress as "anti-farmer", was also critical of the party's claim that Haryana was No 1 State.

He said the state lagged behind in several parameters including literacy rate, per capita income, poverty alleviation, health, education, among others. Modi also launched a veiled attack on main opposition INLD, asking the people whether they would like the State being governed from jail.

INLD President and former Chief Minister Om Prakash Chautala has been sentenced in the teachers recruitment scam. Chautala, who is out on bail on health grounds, had said that he would take oath as the next CM from Tihar Jail.

Seeking to connect with the farmers of the state, Modi hit out at the Congress for stating that the Centre had imposed ban on Basmati rice export.

"I am surprised that is it necessary to speak lies in polls. I do not need to tell, but you know all my farmer brother and sisters are being misled, you are being told that Centre has imposed a ban on Basmati rice export, which is 100 per cent lies and injustice to the farmers," he said.

Modi said Haryana was levying four per cent tax which was fetching lesser price for Basmati growers.

Launching a scathing attack on the Congress over alleged land scams, Modi said thousands of acres of land had vanished and farmers were deprived of adequate compensation.

"Who has taken these lands, I want to ask you did you get compensation for your land. Where has the thousands of acres of land have gone, who has taken it," he said.

"Who is anti-farmer, you have to decide. We have to change this, for this I want a clear mandate in Haryana, make our candidates victorious...,"

At the outset, Modi sought to strike an emotional chord with the people, saying he had come to Haryana to campaign, a day after the Vijay Dashmi festival was celebrated.

He said Haryana was the land of "Daanveer Karan", the land on which the Mahabharata battle was fought and holy Gita's message was delivered."This election will decide Haryana's future. I am sitting in your neighbourhood (Delhi)," Modi said.

Recalling the days he used to work in the State as a partyman, Modi said he wanted to repay the debt as he had received love and affection from the people here.

He told the people if they wanted employment, overall progress, development in villages, in cities, then change in Haryana was necessary.

"Do you want that I should serve you, I want your blessings for that and government with absolute majority, give me an opportunity to undertake development," he said.

Talking about the new route for Kailash Mansarovar yatra, he said the route existed even when Congress was in power but they had failed to do anything.

"Kailash Mansarovar was there when Congress government was there. But going there was very difficult. The work which Congress could not do, we did it in such a short time....we managed to make China understand and opened a second road to visit Kailash Mansoravar. And now one can visit Kailash Mansarovar by road," he said.

Modi also touched upon a number of schemes initiated by the Centre including Jan Dhan scheme.

Elections to the 90-member Haryana Assembly will be held on October 15.Haryana is set to witness a multi-corner contest with key players Congress, BJP, Indian National Lok Dal (INLD), Haryana Lokhit Party (HLP), BSP, Haryana Janhit Congress (HJC)-Jan Chetna Manch (JCM) alliance all set to cross swords.

In the last Assembly elections, Congress had won 40 seats, INLD 31, BJP 4, HJC-BL 6, SAD and BSP one each and seven seats had gone to Independents.

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Agencies
July 13,2020

Mumbai, Jul 13: In a significant landmark, the BrihanMumbai Municipal Corporation (BMC) has achieved a doubling-rate of 50 days for COVID-19 cases, a top official said on Monday.

This was possible because of the civic body's 'open testing policy', implying tests without prescriptions, making it the only city in the country to implement it.

"After the open testing policy, our testing has gone up from 4,000 to 6,800, daily. But the total positive cases have come down from 1,400 to 1,200 now," BMC Municipal Commissioner I.S. Chahal told IANS.

Of these 1,200 positive cases, the symptomatic cases are less than 200, so the BMC needs only 200 beds daily, the civic chief said.

Even the BMC's discharge rate now stands at 70 percent, and on Sunday, after allotting beds to all patients, there were still 7,000 COVID beds plus 250 ICU beds lying vacant, said Chahal.

For this achievement, Chahal gave the credit to the entire 'Team BMC' where - despite losing a little over 100 officials to the virus - civic officials and other Corona warriors are engaged 24x7 in controlling the pandemic for over four months.

Since the first case was detected in Mumbai on March 11 (after the state's first infectees in Pune on March 9) and the state's first death notched in Mumbai on March 17, the current Maharashtra Covid-19 tally stands at 2,54,427 cases and fatalities at 10,289, while Mumbai has recorded 92,988 cases with a death toll of 5,288.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
June 18,2020

New Delhi, Jun 18: Sonia Gandhi on Wednesday removed Sanjay Jha as a party spokesperson, days after he wrote a newspaper article criticising the party. She also approved the appointment of Abhishek Dutt and Sadhna Bharti as national media panelists for the Congress.

"Congress president has also approved that Sanjay Jha be dropped as AICC spokesperson with immediate effect," the party said in an official statement.

In the article published a few days ago, Mr Jha had said, "The Congress has demonstrated extraordinary lassitude, and its lackadaisical attitude towards its own political obsolescence is baffling..."

"I would like to call a spade a spade here and a shovel: there has been no serious effort to get the party up and running with any sense of urgency," he had said in the article in a national newspaper.

"There are many in the party who cannot comprehend this perceptible listlessness. For someone like me, for instance, permanently wedded to Gandhian philosophy and Nehruvian outlook that defines the Congress, it is dismaying to see its painful disintegration," he had said.

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