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Sept 10 Bharat Bandh: Oppn to collectively take on Modi Govt over fuel price hike

Agencies
September 8, 2018

New Delhi, Sept 8: Besides the UPA constituents, the Left Parties and the Trinamool Congress declared they will protest against rising fuel prices; the September 10 ‘Bharat Bandh’ called by the Congress will become another platform of opposition parties to show their strength against the Narendra Modi government. 

The Congress has announced the Bharat Bandh against the rising prices of petrol and diesel along with essential commodities, the party accused that the government had increased the excise duty on the crude oil products, which will further escalate the fuel prices.

The main opposition party also criticised Prime Minister Narendra Modi and Union Ministers for their silence on the fuel prices and decline of the Rupee against the Dollar.

The Congress said ‘it is not a call by the Congress party, but the people of the nation’ against the government and requested all the opposition parties to join hands. 

While the Left parties announced a separate nationwide Hartal on September 10 against the Modi government, the ruling party of the West Bengal, Trinamool Congress has announced that it will organise street protest across the state and refused a complete shut-down.

The Mamata Banerjee-led state government also directed all employees to be present in office on September 10 and that no leave will be granted.

According to party leader Partha Chatterjee, bandh is a wastage of working hours and acts against the interest of the state. 

The Left parties will organise ‘protest hartal’ against the Union government, the Communist Party of India-Marxist (CPI-M) said “the exponentially rising prices of petroleum products is having a crippling effect on the livelihood of crores of Indians”.
“In protest against this situation, the Left parties have decided to call for a nationwide hartal on September 10”, the CPI(M) said. 

The Opposition party in Tamil Nadu and one of the constituent in the UPA, the DMK has also extended its support. 

“DMK will extend complete support to the Bharat Bandh call by the Indian National Congress protesting against the BJP government for steep rise in prices of petrol-diesel. I urge the people and party cadres to make the bandh on 10th Sept a big success”, said DMK leader MK Stalin.

Another UPA partner, NCP, stated that the party will support the bharat bandh. 
Congress' alliance partner in Karnataka - Janata Dal (S) also extended its support to the Bharat Bandh. 

JD(S) state president AH Vishwanath said the party will stage protests in all districts and state capital on September 10. 

Another UPA partner Nationalist Congress Party (NCP) stated that the party will support the Bharat Bandh. 

“NCP appeals everybody for their cooperation and support to make this bandh a grand success”, the party said in a statement. 

Rebel JD(U) leader and patron of Loktantrik Janata Dal, Sharad Yadav tweeted, “I appeal all citizens of this country to support Bharat Bandh called on 10 September 2018 against the record hike in the prices of diesel and petrol in the history. Neither this Government passed the benefit of low international prices of oil earlier to the consumers nor reduced the taxes thereon”.

Taking on the Modi government the Congress spoksperson RPN Singh on Friday said 'when rupee was at Rs 60 a dollar during the UPA rule, Mr Modi, who was then the Gujarat Chief Minister, had said that rupee is in hospital. Now, under the rule of the NDA, the price of petrol and LPG prices has hit the highest in 70 years. Also, the Rupee has witnessed a sharp fall against the US Dollar.

Escalating the attack he further said, “if at 60 rupees to a Dollar, the rupee had reached the hospital where has it reached today. Today when the oil prices are hitting the roof and the rupee is at an all time low, there is no statement from the PM or any other BJP leader.'

Meanwhile, first time in the history the price of petrol crossed the Rs 80 mark in the national capital with an increase of 39 paise.

Saturday morning petrol was being sold at Rs 80.38 per litre and diesel price went upto Rs 72.51 per litre with an increase of 0.44 paise per litre, here. 

In Mumbai, petrol price reached Rs 87.77 per litre and diesel was sold at Rs 76.98 per litre with the price increasing on the third consecutive day.

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News Network
July 27,2020

New Delhi, Jul 27: India's COVID tally on Monday crossed 14 lakh mark with the highest single-day spike of 49,931 cases reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

The total COVID-19 cases stand at 14,35,453, including 4,85,114 active cases, 9,17,568 cured/discharged/migrated, it added.

With 708 deaths in the last 24 hours, the cumulative toll reached 32,771.

India had crossed 13 lakhs COVID-19 cases on July 25.

Maharashtra has reported 3,75,799 coronavirus cases, the highest among states and Union Territories in the country.

A total of 2,13,723 cases have been reported from Tamil Nadu till now, while Delhi has recorded a total of 1,30,606 coronavirus cases.

According to the Indian Council of Medical Research (ICMR), 5,15,472 samples were tested for coronavirus on Sunday and overall 1,68,06,803 samples have been tested so far.

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News Network
February 28,2020

Feb 28: The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

There’s little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.

“People want to have a sense that there is a limit to the spread of this virus perhaps because of containment measures or because there is hope that some kind of viral solution can be found,” Rajan told Bloomberg Television’s Haidi Stroud Watts and Shery Ahn.

“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.

The spread of coronavirus is pushing the world economy toward its worst performance since the financial crisis more than a decade ago.

Bank of America Corp. economists warned clients Thursday that they now expect 2.8% global growth this year, the weakest since 2009.

“We have moved from extreme confidence in markets to extreme panic, all in the space of one week,” said Rajan, who previously was chief economist at the International Monetary Fund.

The virus outbreak will force companies to rethink supply chains and overseas production facilities, he said.

“I think we will see a lot of rethinking on this, coming on the back of the trade disruption, now we have this,” Rajan said. “Globalization in production is going to be hit quite badly.”

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News Network
May 19,2020

Washington, May 19: As the scientists across the world are struggling to develop a vaccine for combating coronavirus, US drugmaker Moderna announced on Monday (local time) that the phase I trial of its Covid-19 vaccine has shown positive early results.

The company is hopeful that it's vaccine could be available to the public as early as January next year. Several firms across the world are in the race to develop a vaccine for the deadly virus which has claimed over 3 lakh lives worldwide.

CNN citing Dr. Tal Zaks, Moderna's chief medical officer reported that "if future studies go well, the company's vaccine could be available to the public as early as January".

"This is absolutely good news and news that we think many have been waiting for for quite some time," Zaks was quoted as saying.

Moderna, based in Cambridge, Massachusetts announced that the vaccine developed neutralising antibodies to the virus at levels reaching or exceeding the levels seen in people who have naturally recovered from Covid-19, reported CNN.

These will be followed by phase 2 trials and phase 3 trials, which Moderna plans to start in July.

President Donald Trump had on Friday said that that the United States will be able to deliver a few hundred million doses of COVID-19 vaccine, under 'Operation Warp Speed', by the end of this year.

"I have very recently seen early data from a clinical trial with a coronavirus vaccine and this data made me feel even more confident that we'll be able to deliver a few hundred million doses of vaccine by the end of 2020 and we will do the best we can," Trump had said at a press conference at the White House on Friday.

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