Quota for Muslims triggers storm

April 25, 2014

New Delhi, Apr 25: A Congress promise of reservation for backward Muslims on Friday kicked up a row with BJP calling it a “last desperate” act on its part to get some votes, a charge rejected outright by Congress which said it has not come out with any supplementary manifesto.Kapil_Sibal

“Congress has not come out with any sub-manifesto,” party spokesperson and Law Minister Kapil Sibal said on Friday maintaining that the issue of sub-quota for backward Muslims is pending in the Supreme Court and as long as the matter is not resolved there the party cannot do anything.

“These are only suggestions made in the process of public consultation. We have put it before people. When Congress comes to power, we will take it forward. These are suggested policies and programmes, which have come up at the open manifesto consultation process. These are suggestions for consideration, when the government comes to power. When we are open to it, we have a right to consider it as and when the Supreme court decides it. This is the best possible way. There is nothing wrong with that. There is no appeasement. We must respect the sentiments of the public,” Mr. Sibal said.

He was asked about reports that the Congress has put on its website a sub-manifesto in a fresh minority pitch promising quota reservation in jobs for backward Muslims.

When told that that these are not mere suggestions as Congress had announced a minority sub-quota before the Assembly elections in Uttar Pradesh as well, the Union Minister said, “Yes, we had announced it even in UP but the matter is pending in the Supreme Court. How can we do it unless the Supreme Court decides it.”

He added that in some states like Andhra Pradesh reservation has been made for backward minorities. The matter is now pending with the Supreme Court.

The BJP accused the Congress of releasing an additional manifesto promising reservation for backward Muslims, saying it is their “last desperate” act to get some votes and people will not believe in a “supplementary manifesto of a losing party”.

“Losers may promise the moon tomorrow. But the people have suffered under their 10 years rule. So nobody is willing to discuss it also,” BJP spokesman Prakash Javadekar told reporters.

Congress had put out these suggestions under the caption “Suggested Policies and Programmes for Consideration of Congress Government (2014-2019): Empowerment of Minorities” almost two weeks ago.

Under the sub title “The Detailed Action Plan 2014-2019”, the party said that the Congress-led IPA government has taken steps to address the conditions of backward minorities by providing for reservation in education and institutions and in government employment.

“We will pursue this closely in the Supreme Court and ensure that the policy is implemented through proper legislation,” it said.

It also listed “extension of Scheduled Caste status to all Dalit Minorities” as among the expectations expressed by some groups, which will continue to guide Congress’ efforts toward their development.

Besides, it noted that earmarking of 4.5 per cent reservation for backward Muslims in the existing OBC quota as also among one of the expectations of people from Congress.

The party suggested formation of a committee to enquire into the socio-economic status of Sikhs, Christians, Buddhists, Jains, Parsis and Muslims to ensure “equitable access to government benefits”.

Under its Open Manifesto Process, Congress consulted with all stakeholders and incorporated some of their suggestions on various issues in the Suggested Policies and Programmes for Consideration of Congress Government (2014-2019).

The suggested policies and programmes have now been added to the Manifesto section on the party website, Congress spokesman Randeep Surjewala had said a fortnight back.

In the section, the party said, it was “committed to finding a way forward towards all such expectations of these groups by putting in concerted efforts” like earmark reservation of 4.5 percent to backward Muslims in the existing OBC’s reservations and extension of SC status to all Dalit minorities.

The other such expectations to which it showed its commitment include setting up of an Empower Equal Opportunity Commission to check discrimination against Minorities in employment and education.

In its Plan of Action, it said, “The Communal Violence Bill, which was drafted and introduced by Congress will be passed as a matter of priority.”

Claiming that much work has been done to implement the recommendations of the Sachar Committee, the Congress said it will work tirelessly to ensure that every single suggestion is reviewed and efforts are made for its implementation.

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News Network
March 31,2020

New Delhi, Mar 31: The total number of coronavirus cases in India has risen to 1,397 after 146 new patients were reported in the last 24-hours, the Ministry of Health and Family Welfare said on Tuesday.

Of this little less than 1,400 cases, there are 1,238 active while 124 cured. The total figure also includes 35 fatalities.

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Agencies
March 6,2020

New Delhi, Mar 6: After Yes Bank was placed under moratorium, digital payments were impacted as PhonePe, which depends on the cash-strapped lender for its transactions, could not operate.

It can be noted that the bank's own net banking facilities have not been operational since last evening. Other fintech operators who rely on Yes Bank to settle their transactions are also down.  “We sincerely regret the long outage. Our partner bank (Yes Bank) was placed under moratorium by RBI. Entire team's been working all night to get services back up asap (as soon as possible),” the app's chief executive Sameer Nigam tweeted early in the morning.

PhonePe, one of the country's largest digital payment platforms, is dependent on Yes Bank to process its transactions.

He added that the app hopes to be live in a “few hours”.

Yes Bank placed under a moratorium Thursday evening, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment.

For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

He added that the app - one of the most popular interfaces for UPI transactions - hopes to be live in a “few hours”.

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Agencies
January 9,2020

The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the next year.

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by a growth of only 4.5 per cent in the July-September quarter, according to the 2020 Global Economic Prospects report released on Wednesday.

"In India, [economic] activity was constrained by insufficient credit availability, as well as by subdued private consumption," the Bank said.

The growth rate is forecast by the Bank to pick up to 5.8 per cent in the next fiscal year and to 6.1 per cent in 2021-22.

India's growth rate was 6.8 per cent in 2018-19.

The 5 per cent growth rate projection for the current financial year is a sharp cut of 2.5 per cent from the 7.5 per cent forecast made by the Bank in January last year, toppling it from the rank of the world's fastest growing economy.

India's performance follows a global trend of lowered growth weighed down by developed economies.

The report estimated world economic growth rate to be only 2.4 per cent last year and forecast it to edge up 0.1 per cent to 2.5 per cent in the current year.

Even with the lower growth rate of 5 per cent in the current fiscal year and 5.8 per cent forecast for the next, India holds the second rank among large economies, behind only China with an estimated growth rate of 6.1 per cent for 2019 and 5.9 per cent this year.

The report blamed "weak confidence, liquidity issues in the financial sector" and "weakness in credit from non-bank financial companies" for India's slowdown.

The Bank predicated India's recovery to 5.8 per cent in the coming financial year for India but "on the monetary policy stance remaining accommodative" and the assumption that "the stimulative fiscal and structural measures already taken will begin to pay off."

It also warned that sharper-than-expected slowdown in major external markets such as United States and Europe, would affect South Asia through trade, financial, and confidence channels, especially for countries with strong trade links to these economies."

The Bank said that the growth of advanced economies was 1.6 per cent last year and "is anticipated to slip to 1.4 per cent in 2020 in part due to continued softness in manufacturing."

In contrast the growth of emerging market and developing countries is expected to accelerate from 3.5 per cent last year to 4.1 per cent this year, the report said.

In South Asia, Bangladesh is estimated to have the highest growth rate of 7.2 per cent in the current fiscal year, although down from 8.1 per cent last fiscal year.

But its higher regional growth rates are coming off a lower base with a per capital gross domestic product of $1,698 compared to $2,010 for India.

Bangladesh is expected to grow by 7.3 per cent in the next financial year.

Pakistan's growth rate is estimated at only 2.4 per cent in the current fiscal year and is projected to rise to 3 per cent in the next, according to the Bank.

The Bank blamed monetary tightening in Pakistan for a sharp deceleration in fixed investment and a considerable softening in private consumption for the fall in growth rate from 3.3 per cent in the 2018-19 fiscal year.

Sri Lanka's growth rate was estimated to be 2.7 per cent last year and forecast to grow to 3.3 per cent this year.

Nepal grew by an estimated 6.4 per cent in the current fiscal year and will rise to 6.5 per cent in the next.

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