1. Home
  2. PM Should Remove Withdrawal Limit for PMC Bank Depositors: Congress

PM Should Remove Withdrawal Limit for PMC Bank Depositors: Congress

Agencies
October 17, 2019

New Delhi, Oct 17: The Congress party on Wednesday challenged Prime Minister Narendra Modi to show "courage" and announce the removal of cap on withdrawal of money by depositors of scam-hit Punjab and Maharashtra Co-operative (PMC) Bank.

Otherwise, it said, he should stop giving challenges to other parties on "non-issues".

The statement from Congress spokesperson Akhilesh Pratap Singh came at a press conference in New Delhi and appeared a response to Prime Minister Modi's repeated dare to the opposition party to declare it will reverse his government's decision to nullify Article 370 if it is voted to power.

"We, the Congress party, challenge you that...if you have the courage, you should announce that the account holders of the PMC Bank - just like before - would be able to withdraw the money and update their account," Mr Singh said.

"It is their (depositors) money. They can utilise it. Modiji should accept this challenge. If you have the courage, then you must accept this challenge and within 24 hours you should make an announcement that PMC Bank account holders can use their accounts just like before," he said.

The Congress spokesperson said his party will congratulate PM Modi "if you can get it done otherwise stop giving challenges on non-issues".

"You have got the public's mandate. You have got the responsibility. The one who gets the responsibility is the one who is held accountable...It not the opposition who has to answer questions. You should stop asking questions and start answering questions."

Following the discovery of an over Rs. 4,000-crore scam at PMC Bank, which has deposits of over Rs. 11,000 crore, the Reserve Bank of India last month appointed an administrator and capped withdrawals at Rs. 1,000.

A day later on September 25, the RBI increased the withdrawal limit to Rs. 10,000 and on October 3, this limit was increased to Rs. 25,000. And now it has been hiked to Rs. 40,000.

On Wednesday, the Supreme Court agreed to hear on October 18 a plea seeking seeking directions for interim measures to safeguard the money of customers blocked in the bank.

The top court agreed to hear the plea amid three deaths linked to the crisis in the bank.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 29,2020

New Delhi, May 29: With the highest spike of 7,466 more COVID-19 cases and 175 deaths reported in the past 24 hours, India's COVID-19 tally reached 1,65,799 on Friday, according to the Union Ministry of Health and Family Welfare.

The number of active coronavirus cases stands at 89,987 while 71,105 people have been cured or recovered and one patient has migrated, it said. The death toll due to the infection has reached 4,706 in the country.

Maharashtra is the worst affected state with 59,546 cases. Tamil Nadu has recorded as many as 19,372 cases while Gujarat and Delhi have recorded 15,562 and 16,281 coronavirus cases respectively.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
August 7,2020

New Delhi, Aug 7: The Congress on Thursday demanded the removal of Karnataka minister KS Eshwarappa from the cabinet and his arrest for his statement that grand Krishna and Vishwanath temples would come up in Mathura and Kashi respectively after "liberating" them.

Mr Eshwarappa made the statement while reacting to Prime Minister Narendra Modi laying the foundation of the Ram temple in Ayodhya yesterday.

"By asking kar sevaks (volunteers) to launch a similar campaign, the minister (Eshwarappa) is trying to disturb peace in the society," Congress Karnataka unit chief DK Shivakumar said at a press conference in Ballari today.

"Such people should be arrested immediately, police officials should register a case against him and the Chief Minister should remove him from the cabinet,"he said.

Rural Development and Panchayat Raj minister Eshwarappa had said on Wednesday that he was of the firm opinion that "if not today, tomorrow, Mathura and Kashi temples will be liberated and grand temples would be built there."

"A place of devotion has to be built in both Kashi and Mathura. There too, grand temples have to be constructed. The mosques have to be removed from there," he said.

Mr Eshwarappa, a former BJP state president, said the centres of Hindu belief, Ayodhya, Kashi and Mathura were a kind of a symbol of "slavery" as "temples of our Rama, Krishna and Vishwanath were destroyed and mosques built."

Stating that Mr Eshwarappa is not an individual but a minister who represents the government, Mr Shivakumar on Thursday sought to know from the Chief Minister whether this was his government's stand.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
February 11,2020

New Delhi, Feb 11: With Election Commission">Election Commission's trends indicating a landslide victory for the Aam Aadmi Party (AAP), party chief Arvind Kejriwal expressed his gratitude towards the people of the national capital and said that this is the victory of the people who consider him as their son.

Making his first public appearance after the day's results, Kejriwal made a brief address to supporters in which, AAP chief thanked supporters, outlined his personal connection with citizens and party workers as well as credited his family for their continued support.

"I thank people of Delhi for reposing their faith in AAP for the third time. This is not my personal victory, this is the victory of Delhiites. This the victory of the people who consider me as their son and voted for us," Kejriwal said at party office here.

He also referred to the trends of the assembly polls, as the beginning of a new kind of politics.

"This is the beginning of a new kind of politics. This is a new sign. Only the party will get vote who will built mohalla clinics and good schools... This is the victory of mother India and India. Today is Tuesday, Hanuman-ji's day. Hanumanji ji blessed Delhi today, I thank him. We pray that Hanuman Ji keeps showing the right path to us so that we continue to serve people for the next five years," he said.

According to Election Commission", AAP won 5 seats while the party is leading on 58 seats in 70-member Delhi Assembly. 

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.