Pranab Mukherjee too valuable for Congress to be made President?

May 4, 2012
Pranab-Mukherjee200x230New Delhi, May 4: The Congress's dilemma over whether to sponsor Pranab Mukherjee in the race for Rashtrapati Bhavan was out in the open on Thursday when a party spokesperson hurriedly withdrew her comment about the veteran finance minister's indispensability for the government.

The spokesperson, Renuka Chaudhary, kicked up a virtual storm when she told reporters, "It will never be easy to leave Pranabda. He is such a valuable person for us in the party. His contribution to the party cannot be even measured. For him, it will not seem to be fair but he has such an active political mind. He is too involved and knows politics so well."

A gushing Chaudhary went on to call Mukherjee a valuable guide, in what was almost universally interpreted as signalling the Congress's reluctance to spare its chief troubleshooter for a non-political sinecure.

The lavish commentary, however, was immediately rolled back, with Chaudhary taking pains to emphasize that her genuine expression of admiration for Mukherjee's skills had been misunderstood and twisted out of context.

When asked about the "confusion" over names doing the rounds, Congress chief Sonia Gandhi said, "There is no confusion. Have patience. There is still time." Although stating the obvious, the remark could have served to reassure that nobody has been ruled out yet as a candidate.

Chaudhary's retraction came amid indications of the finance minister's unhappiness over what he saw as an attempt to indulge him into withdrawing his claim for the top constitutional job.

Tired of being passed over for the prized trophies, starting from prime ministership to the stewardship of the home ministry, Mukherjee is learnt to have made it clear to the leadership that he would like to retreat to the sidelines rather than put up with career stagnation.

Sources said the finance minister reacted to Chaudhary's lavish prose by making it clear that he was not amused. "He saw it as an attempt to spoil his chances," acknowledged a senior Congress source.

Mukherjee is locked in a dead heat with Vice-President Hamid Ansari for Congress endorsement for Rashtrapati Bhavan.

The Congress has been unable to take a call. It is appreciative of Mukherjee's hurt as well as of the need to assuage it but the party fears that the departure of the UPA's principal firefighter will leave the government vulnerable. There are also worries that the prime minister, now at the fag end of a surprisingly long tenure and sure of not heading UPA-3, may start disengaging from Sonia Gandhi's political project just when the Congress chief is hoping for a fresh burst of energy before the 2014 polls.

The bind was underlined once again on Thursday evening when Sonia refrained from spelling out the party's choice when she discussed presidential elections with Trinamool boss and West Bengal chief minister Mamata Banerjee.

At the official Congress briefing, spokesman Rashid Alvi said he could not comment on candidates since the consultations were still underway but added that Renuka Chaudhary was correct in saying that "Mukherjee is important for party, parliament and government".

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News Network
March 31,2020

Srinagar, Mar 31: In order to prevent the spread of coronavirus, the Jammu and Kashmir administration on Tuesday declared 20 villages of Kashmir division as 'red zone'.
"20 villages including Parray Mohala Hajin, Chandergeer Hajin, Batagund Hajin in Bandipora district, Gudoora, Chandgam, Pinglena, Parigam, Abhama, Sangerwani and Khaigam in Pulwama district, Waskura in Ganderbal, Sedew, and Ramnagri in Shopian district have been declared as red zones," said Department of Information and Public Relations, J-K, in a tweet.

In Srinagar district, Mehjoor Nagar, Natipora, Lal Bazar, Eidgah and Shalteng villages have been declared as red zones.

"Chadoora in Budgam district of Kashmir division has also been declared as red zone," another tweet said.

The total number of COVID-19 cases in Jammu and Kashmir climbed to 49 after 11 more people tested positive in the Union Territory on Monday. While three of these cases were reported from Jammu region, eight were from the Kashmir division.

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News Network
January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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August 8,2020

Kozhikode, Aug 8: A tailwind or crosswind could be the reason for the Air India Express flight mishap at Kozhikode international airport in Kerala, according to some aviation experts. 

Team of DGCA and AIE already reached the spot. With the death of the captain and co-pilot in the mishap, the investigation would be focusing mainly on the voice recorders and other technical aspects.

It is learnt that the ill-fated aircraft, IX 1344 with 190 onboard including crew, was initially planning to land on runway-28 of the airport. But later the pilot opted runway-10 which is toward the other direction. Pilots would be taking the decisions on the basis of inputs from ATC.

The questions now doing the rounds are what made the pilot opt runway-10 and whether the tabletop runway lacked adequate safety parameters.

An aviation expert, who didn't want to be quoted, said that Capt Deepak Sathe, who was commandeering the aircraft, was a well-experienced pilot and was also familiar with the terrains. Hence the chances of any error from his part was very unlikely. Hence a fair in-depth probe was required to find the exact cause.

Though the Kozhikode airport has an Instrument Landing System, it was of category-I for which pilot's visibility is very crucial toward a touchdown. Since it is a tabletop airport and rough weather prevailing in the region, the chances of tailwind was also high, said sources.

There had been safety concerns about the airport over quite some time. In 2011 aviation safety consultant captain Mohan Ranganathan reportedly gave a report citing the safety issues, especially the buffer zones at the end of the runway.

However, an AAI officer said that rectification steps were already done by last year by widening the Runway End Safety Area (RESA) from 90 metre to 240 metre. However, the length of the runway had to be reduced to 2,700 metre from 2,850. The AAI was also constantly pressing for increasing the runway length to 3,150 metres. But that was getting delayed due to land acquisition issues pending with the state government.

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