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A Bihari is never dependent on anyone or a burden to anybody



Nitish Kumar

Mumbai, April 22 : Bihar Chief Minister Nitish Kumar on Saturday proposed “total prohibition” across India which he said will put the country on the path of quick development.

“Liquor needs to be banned across the country. There must be total all-India prohibition for the country to progress,” the Janata Dal-United President said while addressing a party rally to mark its entry into Maharashtra politics.

On this count, he said, people from all religions — Hindus, Muslims, Sikhs and Christians — are unanimous on prohibition.

“We need to prohibit alcohol if we want to usher in change and ensure all-round development of India,” Nitish Kumar urged.

Chief Minister Nitish Kumar had imposed total prohibition in Bihar from April 1, 2016.

He said many were sceptical about his move and talked of huge revenue losses to the state due to prohibition. Not only was revenue recovered, but also many lives were saved due to reduction in road accidents in Bihar, he said.

Dwelling on his development agenda, he said it was ‘progress with justice’ and stressed the need for all-round progress and percolation of benefits of growth to the last man in the country.

“There is progress in Bihar, but we are not propagating it. We don’t feel the need to publicise it — the people have themselves done it through word-of-mouth publicity. People are seeing and feeling the difference now. Our work has proved there is development,” Nitish Kumar said.

Throughout his nearly 45-minute speech in which he extolled leaders and historic personalities like Mahatma Gandhi, Bhimrao Ambedkar and Chhatrapati Shivaji Maharaj, the JD-U leader refrained from making comments on Prime Minister Narendra Modi.

On the occasion, he appointed Maharashtra legislator and former journalist Kapil Patil as the JD-U state unit President and union leader Shashank Rao as its Mumbai unit chief.

He advised them to concentrate on spreading JD-U ideology to the remotest corners of Maharashtra.

Present at his public rally were a large number of Biharis, social workers, representatives of like-minded organisations, prominent union leaders and working classes from Mumbai and other parts of the state.

The JD-U foray into Maharashtra comes against the backdrop of projecting the 66-year-old Nitish Kumar as a prime ministerial candidate in the 2019 Lok Sabha elections.

Besides Bihar, JD-U claims strong grassroots and organisational presence in Uttar Pradesh, Jharkhand, Gujarat, Karnataka and Kerala.

Other prominent parties based in other states that have set up base in Maharashtra include the Samajwadi Party and Bahujan Samaj Party of Uttar Pradesh and All India Majlis-e-Ittehad-ul Muslimeen of Telangana.

Earlier, speaking at his felicitation by the Mumbai Maithil Samanvay Samiti (MMSS), representing Bihar residents living in the metropolis, Nitish Kumar said: “A Bihari is never dependent on anyone or a burden to anybody.”

“Wherever he goes, a Bihari works hard and provides job opportunities to others through his knowledge and capabilities. Look around and you can see Biharis working everywhere. It appears as if people’s work cannot be completed without Biharis,” he said.

The MMSS is an umbrella organisation of more than 50 big and small Maithili groups in Mumbai, where over 800,000 Biharis live and work in different sectors, said MMSS Chairman Sandip Jha.


Amazon Quiz Answers Today, November 25, 2020: Answer and Win Rs 5000 Pay Balance

Amazon quiz Answers Today, November 25, 2020: The Amazon Quiz for November 25, 2020, is live and today you have the chance to Win Rs 5000 Pay Balance.




Amazon quiz Answers Today, November 25, 2020: The Amazon Quiz for November 25, 2020, is live and today you have the chance to Win Rs 5000 Pay Balance. The trivia quiz gives a chance to users across the country to win exciting gifts every day by answering a set of simple questions.

After giving the right answers to the questions users can win mobile phones, other gadgets, and Amazon Pay Balance. E-commerce giant Amazon never disappoints its users and today’s gift is special for all the online shopping lovers.

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Congress opposes move to let corporates enter banking sector





New Delhi: The Congress on Tuesday opposed the proposal to allow corporates and business houses enter the banking sector, contending that this move will leave the depositors at their mercy as it happened in the case of Yes Bank and Laxmi Vilas Bank.

Addressing a press conference, former Finance Minister P. Chidambaram said: “The Congress party condemns the proposal and demands that the government, unequivocally and forthwith, declare that it has no intention of pursuing the proposal.”

“We call upon all the people of India and all political parties and trade unions to join us in resolutely opposing the retrograde idea of allowing corporates and business houses to enter the banking sector and set up banks,” he added.

The Congress alleged that the proposal, ostensibly based on a report of an RBI Internal Working Group, has the fingerprints of the Modi government written all over it.

This proposal, along with some other recommendations, is part of a deeper game plan to control the banking industry, it said, claiming that the proposal, if implemented, will completely reverse the enormous gains made in the last 50 years of retrieving the banking sector from the clutches of business houses.

Noting that all over the world, especially in developed economies, three principles govern banking — broad-based shareholding reflecting shareholder democracy, strict separation of ownership and management with ownership with shareholders and management in professional hands, and prohibition of connected lending, Chidambaram said that all three will be thrown out of the window if corporates and business houses are allowed to set up banks.

“Bank funds belong to the depositors who are the people of this country. As a proportion of total deposits, the equity of a bank is minuscule. The total deposits in the banking industry is of the order of Rs 140 lakh crore… If business houses are allowed to own banks, they will, with a small equity investment, control very large amounts of the nation’s financial resources. This must not happen and the Congress will strive its utmost to ensure that this will not happen,” Chidambaram said.

He said that it “is shocking that such an idea should have been presented to the people as though it has the imprimatur of experts and the endorsement of the RBI”.

“Just as the RBI was the cat’s paw of the government in the saga of demonetisation, the RBI is being used by the government to push through its dangerous agenda,” he said.

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Brent hits highest since March, spurred by coronavirus vaccine hopes

This follows positive trial results from Pfizer/BioNTech and Moderna.




Brent Crude Oil

SINGAPORE: Brent crude prices hit their highest levels since March as news of a third promising coronavirus vaccine candidate spurred hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.

Brent crude futures rose 43 cents, or 0.9%, to $46.49 a barrel by 0522 GMT, while U.S. West Texas Intermediate crude added 45 cents, or 1.1%, to $43.51 a barrel.

Brent rose to a session high of $46.56 earlier on Tuesday, the highest level traded since early March before Saudi Arabia initiated a price war with Russia, which sent oil prices crashing. Both oil benchmarks settled up about 2% on Monday after gaining about 5% last week.

“Progress on developing and distributing a vaccine de-risks the path back to normal for oil markets,” said Stephen Innes, chief global markets strategist at financial services firm Axi.

“If mobility data is a measure of oil price sentiment, in the not too distant future, the vaccine will get people back on airplanes and cruise ships.”

AstraZeneca said on Monday its COVID-19 vaccine was 70% effective in pivotal trials and could be up to 90% effective, giving the world’s fight against the global pandemic a third new weapon that can be cheaper to make, easier to distribute and faster to scale-up than rivals.

This follows positive trial results from Pfizer/BioNTech and Moderna.

Also helping to ease uncertainty in financial markets, President Donald Trump on Monday allowed officials to proceed with a transition to Joe Biden’s incoming administration, giving his rival access to briefings and funding even as he vowed to persist with efforts to fight the election results.

U.S. crude oil inventories likely edged lower last week, while distillate stockpiles were seen decreasing for a 10th straight week, a preliminary Reuters poll showed on Monday, ahead of reports from the American Petroleum Institute and the Energy Information Administration (EIA).

Traders also focused on a week of technical meetings by OPEC and its allies to prepare the ground for next week’s ministerial gathering, which is set to discuss extending oil output curbs into next year due to weak demand amid a second wave of COVID-19.

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