'Shocked', no FM has made such 'insulting remark' on inflation, says Congress

Agencies
September 14, 2019

New Delhi, Sept 14: The Congress on Saturday termed Finance Minister Nirmala Sitharaman's comments on inflation as "shocking" and accused the BJP-led government of lacking a "vision" to put the country's economy back on track.

"The Finance Minister just concluded a press conference. It was disappointing. Looking at India's economic situation, it was expected that the government will take steps to revive the economy, increase investments, create jobs and address issue of exports," senior Congress leader Anand Sharma told reporters at a press conference here.

"It is shocking to know that the Finance Minister said that inflation is under control. No Finance Minister before this has made such an insulting remark. She did not announce any measures to address the current economic situation. The BJP and its ministers lack vision to revive the economy," he said.

Earlier in the day, Sitharaman said that inflation is under control and there is a clear sign of revival of industrial production. The Finance Minister also said that inflation in the range of 2.5 to 4 per cent is considered safe and it has been held under four per cent.

Sharma, who served as Commerce Minister, in the Manmohan Singh-led regime, said that BJP ministers' shocking statements "insulted" the youth of the country.

"If anyone has understood what the Finance Minister has said, please make me understand what she said," he said in a jibe at Sitharaman.

Continuing his tirade against Sitharaman, Sharma said that the Finance Minister did not apologise for her 'millennials are responsible for the economic slowdown' statement so far and asserted that it showed the "arrogance" of the BJP-led government.

"Unemployment is rising, many industries are facing losses and closing down. The GDP growth has slowed down to 5 per cent. The Finance Minister and others are not able to understand the issues facing our economy. Unless the government invests, reviving the economy seems difficult," Sharma remarked.

He said that the government's vision of achieving a USD 5 trillion economy seemed like a "distant dream".

"They talk of achieving USD 5 trillion economy. Former Prime Minister Manmohan Singh said if we have to achieve the figure, our nominal growth should be 12 per cent and real GDP should be 9 per cent. Forget about this term, I don't think that this can happen in the coming few years," Sharma said.

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News Network
February 18,2020

Ayodhya, Feb 18: A senior Supreme Court lawyer has written to the Ram temple trust on behalf of a group of Muslims in Ayodhya, asking that five acres of land around the demolished Babri Masjid where a graveyard is situated be spared for the sake of 'sanatan dharma'.

The letter, written by advocate M R Shamshad, is addressed to all 10 trustees of Shri Ram Janmabhoomi Teertha Kshetra.

Shamshad said according to Muslims, there is a graveyard known as 'Ganj Shahidan' around the demolished Babri Masjid where 75 Muslims who lost their lives in the 1885 riots in Ayodhya were buried.

"There is a mention of this in Faizabad Gazetteer also," he said.

"The central government has not considered the issue not using the grave-yard of Muslims for constructing the grand temple of Lord Ram. It has violated 'dharma'," the letter stated.

"In view of religious scriptures of 'sanatan dharma', you need to consider whether the temple of Lord Ram can have foundation on the graves of Muslims? This is a decision that the management of the trust has to take," it said.

"With all humility and respect to Lord Ram, I request you, not to use the land of about four to five acres in which the graves of Muslims are there around the demolished mosque," the letter added.

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News Network
July 9,2020

New Delhi, Jul 9: The Central Board of Secondary Education has strongly defended its decision to drop topics like democratic rights, citizenship, federalism, secularism etc in the name of reducing the syllabus for Classes 9 to 12 due to COVID-19 pandemic. 

The board has claimed that the dropped lessons "are either being covered by the rationalised syllabus or in the Alternative Academic Calendar of NCERT".

The CBSE said it had to come up with the clarification after realizing its decision was "interpreted differently".

"The rationalisation of syllabus up to 30 per cent has been undertaken by the Board for nearly 190 subjects of class 9 to 12 for the academic session 2020-21 as a one-time measure only. The objective is to reduce the exam stress of students due to the prevailing health emergency situation and prevent learning gaps," it said.

While it has said that no questions can be asked from the reduced syllabus in the next board exams, the CBSE has also directed schools to follow alternative calendars prepared by the NCERT.

"Therefore each of the topics that have been wrongly mentioned in media as deleted have been covered under Alternative Academic Calendar of NCERT which is already in force for all the affiliated schools of the Board," it clarified.

On Wednesday, West Bengal CM Mamata Banerjee tweeted: "Shocked to know that the central Government has dropped topics like citizenship, federalism, secularism and partisan in the name of reducing CBSE course during the COVID crisis."

"We strongly object to this and appeal the HRD Ministry to ensure these vital lessons aren't curtailed at any cost," Banerjee added.

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News Network
March 5,2020

Mumbai, Mar 5: Jet Airways founder Naresh Goyal and few others have been booked by the ED in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday.

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

The Enforcement Directorate carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.

The action is continuing, they added.

The Mumbai Police FIR pertains to charges of alleged fraud by Goyal and others against a Mumbai-based travel company.

Goyal has earlier been grilled by the central probe agency in a case filed under the Foreign Exchange Management Act (FEMA) in September last year.

The agency had carried out similar raids, under the FEMA, in August last year against Goyal, his family and others.

ED has alleged in the past that the businessman's empire had 19 privately-held companies, five of which were registered abroad.

The agency is probing charges that these firms allegedly carried out “doubtful” transactions under the guise of selling, distribution and operating expenses.

The ED suspects that expenses at these companies were allegedly booked at fake and high costs and as a result, they “projected” huge losses.

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED scanner and it is suspected that Jet Airways made payments for lease rental to “ghost firms”, which purportedly routed the ill-gotten money in Goyal's companies.

A full-service carrier, Jet Airways shut its operations in April last year after running out of cash.

A month earlier, Goyal had stepped down as the chairman of Jet Airways.

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