Rahul promises farm loan waiver, says money will come from Ambani, Mallya

Agencies
November 17, 2018

Raipur, Nov 17: Congress president Rahul Gandhi Saturday promised to waive farm loans in Chhattisgarh within 10 days of assuming power in the state and said the money for it would come from the "likes of" Vijay Mallya, Nirav Modi and Anil Ambani.

Stepping up his attack on Prime Minister Narendra Modi over demonetisation ahead of the second and final phase of the Chhattisgarh polls, Gandhi alleged that Modi made the honest people suffer through the 2016 exercise, but spared the rich.

Addressing a poll rally in Koriya district, he alleged that the prime minister had waived loans worth Rs 3.5 lakh crore of a few rich people, but not those of the poor farmers.

"As soon as the Congress forms the government here, Modiji, you count 10 days. The Congress will waive the loans of each farmer in Chhattisgarh within 10 days," Gandhi said.

He claimed that BJP leaders used to question the previous Congress-led UPA government about the source of money for granting loan waiver.

"Modiji, the money for the loan waiver for Chhattisgarh's farmers will come from the likes of Vijay Mallya, Nirav Modi, Anil Ambani...We will take their money and implement the loan waiver," the Congress chief said.

He alleged that "liquor baron Mallya fled the country with Rs 10,000 crore of the banks, while Nirav Modi and Mehul Choksi fled with Rs 35,000 crore".

Addressing a rally in Ambikapur, Modi had Friday claimed that the Congress was "worried" because he took away all the money its "minions and friends" had stashed under their beds and in sacks in one stroke.

"Something rankles them (Congress) in such a way that they are still not able to sleep...No one sitting here is crying. Only one family is crying," Modi had said, while justifying demonetisation.

Gandhi reiterated his charge that the prime minister had helped industrialist Anil Ambani get Rs 30,000 crore in the "Rafale scam".

Turning to demonetisation, he said Modi "robbed the poor and the honest" through the exercise, which invalidated the old Rs 1,000 and Rs 500 currency notes, and made them stand in queues to exchange the scrapped notes.

"Modiji had said he would fight against black money. He had (recently) said those who had stashed money in their houses and or kept it hidden under pillows were thieves and that he had taken action against them.

"I want to tell you (people) that you have not committed any theft. The person who has committed a theft is Narendra Modi. He made the honest people stand in queues. Have you ever seen those wearing suit-boot and crorepatis standing in queues (outside banks)?" Gandhi asked the crowd.

He said the Congress had always delivered on its promises, unlike the BJP.

"The intention of the Congress is very clear. It never makes false promises. In fact, you can listen to my speeches of the last 15 years. I never made false promises. Whatever I promised, I fulfilled it," Gandhi said.

He added that the previous UPA government had brought in measures like the Tribal Bill, the Right to Food Act, the Right To Information Act, the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), the Land Acquisition Bill etc.

"You can check the records. On the contrary, Modi and Chhattisgarh Chief Minister Raman Singh did not fulfil the promises they had made to farmers," the Congress MP said.

Modi and Singh did not fulfil their promises like good returns to farmers on their produce and loan waiver, he said.

"In the last four-and-a-half years, Modiji has waived loans worth Rs 3.50 lakh crore of a few rich people, but he has not spoken about farm loan waiver. Similarly, Raman Singh has snatched the bonus of the farmers," Gandhi alleged.

He accused the prime minister of remaining "silent" on the "corruption charges" against Singh.

"Modi used to speak about corruption in his earlier speeches, but why has he not spoken about the corruption of Raman Singh?" the Congress chief asked.

He claimed that the names of Singh and his wife had surfaced in the alleged Rs 36,000-crore civil supply scam.

"A Rs 5,000-crore chit fund scam was also perpetrated in the state. His (Singh's) son Abhishek Singh was named in the Panama Papers scandal, but no action was taken in any of these cases," Gandhi said.

The chief minister has denied the allegations against him.

Gandhi alleged that Modi was not acting against Abhishek Singh in the Panama Papers case.

"This, at a time when Pakistan has jailed its former prime minister Nawaz Sharif after his name cropped up in the Panama Papers," he said.

The Congress chief also accused the Raman Singh government of creating "two states" within Chhattisgarh in the last 15 years -- one for the rich and one for the poor.

"The Raman Singh government has created two Chhattisgarh. One belongs to the rich and the industrialists wearing suit-boot, while the other belongs to the common men, women, farmers and labourers. We do not want two Chhattisgarh but one, where everybody gets justice," he said.

When Chhattisgarh was formed, people wanted the locals to get the benefits of its natural resources and money, but that did not happen, Gandhi added.

"The Congress wants to make Chhattisgarh an agricultural hub and a supplier of food to the nation," he said.

The final phase of polling for 72 seats will be held in Chhattisgarh on November 20. The first phase for 18 seats was held on November 12. The results will be announced on December 11.

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News Network
March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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News Network
March 26,2020

New Delhi, Mar 26: The total number of people who have been confirmed positive for COVID-19 in India has risen to 649 in India, including 593 active cases and 42 people who have been cured or discharged from hospitals, according to the recent update by the Union Ministry of Health and Family Welfare (MoHFW) on Thursday morning.
The death toll due to the novel coronavirus in the country has reached 13, the official data reported. There have been 3 more deaths due to COVID-19 reported in the country since last evening.
An 85-year-old woman in Gujarat died yesterday while with the passing away of a 65-year-old woman, Madhya Pradesh reported its first COVID-19 death. Tamil Nadu also reported its first death in the state yesterday due to the deadly infection.
According to report from the Indian Council of Medical Research (ICMR) India had tested 24,254 people as of 8 p.m. on March 25.
The country is now in its second day of a 21-day lockdown that was announced by the Prime Minister Narendra Modi on Tuesday to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
The central government had on Wednesday announced that it will provide 7 kg ration to 80 crore people in India. The Centre also said that it has earmarked Rs 1.80 lakh crores for providing wheat at Rs 2 per kg and rice at Rs 3 per kg
"Union Cabinet has decided to provide wheat at Rs 2 per kg which is worth Rs 27 per kg and rice at Rs 3 per kg which is worth Rs 37 per kg. A total amount of Rs 1 lakh 80 thousand crores is being spent for the cause. The amount will be given in advance to the states for the coming 3 months," Union Minister Sadananda Gowda said yesterday.
Those shops which are catering to essential services will continue doing so during the 21-day nationwide lockdown.

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Agencies
January 4,2020

New Delhi, Jan 4: In more troubles for the former Finance Minister and senior Congress leader P Chidambaram, the Enforcement Directorate (ED) on Friday questioned him for over six hours in its probe into the Air India aircraft deal case, first time since his release from Tihar jail almost a month ago.

A senior ED official told IANS, "We questioned Chidambaram for over six hours today in the ongoing probe into the Air India deal with Airbus."

According to financial probe agency officials, Air India had planned to buy over 111 aircraft from Airbus and Boeing during the erstwhile United Progressive Alliance (UPA) government in 2009. This is the first time the ED has questioned the senior Congress leader in the Air India deal case.

The questioning of Chidambaram came for the first time since his release from the Tihar jail where he spent 106 days in connection with the INX Media money laundering case. He was released from Tihar on December 4 last year after he was granted bail by the Supreme Court. The former finance minister is also being investigated by the ED in a separate money-laundering cases of Aircel-Maxis deal.

An ED official said the contract to buy 43 aircraft from Airbus was finalised by a panel of ministers headed by Chidambaram in 2009. According to the ED, when the proposal to buy 43 aircraft from Airbus was sent to the Cabinet Committee on Security (CCS), there was a condition that the aircraft manufacturer would have to build training facilities and MRO (Maintenance, Repair and Overhaul) centres at a cost of Rs 70,000 crore. But later, when the purchase order was placed, the clause was removed.

The name of another UPA minister, Praful Patel, had also come up in the alleged scam in a charge sheet filed by the ED against corporate lobbyist Deepak Talwar on March 30 last year. Talwar was arrested last year by the ED after he was deported from the UAE.

The ED is probing the Air India-Indian Airlines merger; purchase of 111 aircraft from Boeing and Airbus at Rs 70,000 crore; ceding profitable routes and schedules to private airlines, and opening of training institutes with foreign investment.

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