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Don’t play with India’s economic sovereignty: Congress to PM Modi

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Manish Tewary

New Delhi, Nov 6: The Congress on Tuesday accused the Narendra Modi government of playing with India’s economic sovereignty by trying to demolish the Reserve Bank of India (RBI) and seeking transfer of Rs 3.6 lakh crore or one-third of the central bank’s reserves.

The Congress said if the “unprecedented” demand by the Modi government was allowed to materialise it would tantamount to the “great Indian bank robbery”.

“Rs 36,00,00,00,00,000, that’s how much the Prime Minister (Narendra Modi) needs from the RBI to fix the mess his genius economic theories have created. Stand up to him Mr. Patel. Protect the nation,” Congress President Rahul Gandhi tweeted ridiculing Modi’s economic policies that have messed up the Indian economy, urging the RBI Governor Urjit Patel to resist the Centre’s demand at all cost.

Later addressing the media, Congress spokesperson Manish Tewari said: “The RBI has been strongly resisting the unprecedented demand by the government. But if this demand were to fructify, this would tantamount to great Indian robbery.”

Citing reports that the Modi government “may have invoked” section 7 of the RBI Act to get its wish fulfilled, Tewari said such a move was unprecedented and reflected the government’s bid to demolish the central bank’s autonomy.

“This is going to have a profound implication on the macroeconomic stability of India as it is the RBI’s autonomy which provides confidence to foreign and Indian investors with regard to the stability of the Indian economy.

“The Modi government wants to demolish that confidence and demolish the RBI in the process,” said the former Union Minister asserting that the Congress would strongly resist the government’s move to demolish the RBI autonomy.

Tewari alleged that the Modi government was seeking the money to dole out freebies ahead of the 2019 general elections.

“The Modi government is prepared to play with the economic sovereignty of India and the reasons for it are the mounting fiscal and current account deficits.

“The government revenues are not growing because the economy has shrunk because of their policies. In order to bridge the fiscal deficit, the government has started eying the RBI reserve.

“What is even more disturbing is they want to use the money to give out freebies before the 2019 Lok Sabha elections,” said Tewari accusing the Modi government of playing with India’s national interest.

He said that the RBI was extremely concerned over attempts to curb its economy and “if the push comes to shove”, then all options including legislative and judicial were open for it to safeguard the Indian economic sovereignty.

IANS

Politics

INLD chief expels son Ajay Chautala

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Chandigarh, Nov 14: Taking a strong stance on the growing family feud within the INLD, party supremo Om Prakash Chautala expelled his elder son Ajay Singh Chautala from the primary membership of the party for “anti-party activities”.

The expulsion decision was announced by the Indian National Lok Dal state unit chief Ashok Arora here on Wednesday in the presence of senior party leaders and Ajay Chautala’s younger brother, Abhay Singh Chautala.

Arora read out a letter from Om Prakash Chautala, who is in Tihar Jail in the national capital, communicating his decision to all.

A meeting of the INLD leadership has been called here on November 17.

Hisar MP Dushyant Chautala and his younger brother, Digvijay Chautala, who are the sons of Ajay Chautala, were expelled from the primary membership on November 2 by their grandfather, bringing the bitterness within the Chautala clan out in the open.

Ajay Chautala, who was out of Tihar on parole, was touring various parts of Haryana to mobilise support for the party meeting and a rally he has called in Jind on November 17.

Reacting to the expulsion of Ajay Chautala, his son Digvijay Chautala said that the whole exercise was a “conspiracy” and the expulsion letter was “forged”.

Earlier, refusing to accept his expulsion, Dushyant had pointed out that neither has his expulsion order been issued officially by the INLD nor has the party’s national executive met to decide the issue.

Dushyant, who was also removed from the post of leader of the INLD Parliamentary Board, claimed that he had learnt about his ‘expulsion’ only through the media.

The INLD, which is Haryana’s main opposition party, could be heading for a split with the fight within the Chautala family spilling out into the open over the past few days.

Dushyant and Digvijay Chautala are the great-grandsons of former Deputy Prime Minister Devi Lal.

The action follows activities of both youth leaders and their supporters when they tried to project Dushyant as the chief ministerial face in Haryana next year.

O.P. Chautala and his elder son, Ajay, were convicted in the JBT (junior basic teacher) recruitment scam in January 2013. Both were sentenced to 10 years’ in prison by a Central Bureau of Investigation court in Delhi.

Father and son have been barred from contesting elections due to the conviction.

The INLD has been managed by Chautala’s younger son Abhay Singh Chautala, who has been the leader of opposition in the Haryana Assembly, since then.

IANS

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Rajasthan BJP MP Harish Meena joins Congress

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Congress

New Delhi, Nov 14: In a boost to the Congress ahead of the Rajasthan Assembly polls, Bharatiya Janata Party MP Hareesh Meena on Wednesday joined the Congress.

The Dausa MP and former Rajasthan Director General of Police, Meena was formally inducted into the party here in the presence of party leaders Ashok Gehlot and Sachin Pilot.

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Election

130 candidates facing criminal cases in fray for Chhattisgarh polls

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New Delhi, Nov 13 : As many as 130 candidates facing declared criminal cases, 90 of them involving serious charges like attempt to murder, are among the 1,079 candidates in the fray for the second phase of Chhattisgarh Assembly polls in 72 constituencies.

A total of 239 crorepati (multi-millionaire) candidates are contesting the second phase of polls to be held on Nov 20 in 19 districts.

According to an analysis by election watchdog the Association for Democratic Reforms (ADR), the Congress with 18 such candidates leads the list of those with criminal antecedents followed by the Aam Aadmi Party (AAP) with 17 and the Janta Congress Chhattisgarh (J) with 15. The ruling Bharatiya Janata Party (BJP) has 6 such candidates.

Of the 90 candidates facing serious criminal charges, 11 are from the Congress, 13 from the AAP and 14 from the Janta Congress Chhattisgarh (J).

Congress’ Jaisingh Agrawal, vying for Korba seat, is among the candidates with the most number of criminal charges that include forgery, criminal conspiracy and obscene act. Another Congress nominee, Ashish Kumar Chhabra for the Bemetara seat is among those facing charges of attempt to murder.

Among the multimillionaires, 53 are from the Congress, 61 from the BJP and 35 from Janta Congress Chhattisgarh (J).

Congress veteran T.S. Singh Deo, contesting from Ambikapur, is the richest nominee with assets in excess of Rs 500 crore. While 19 candidates have declared nil assets, independent nominee Rubeena Anjum from the Raipur City South possesses “assets” of just Rs 104.

599 candidates are school dropouts while 9 are illiterate. Only 111 female candidates are contesting in the second phase.

The first phase of polling in 18 constituencies spread across eight Maoist-affected district was held on Monday.

The results of the election to the 90-member Chhattisgarh assembly will be declared on December 11.

IANS

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