Sibal welcomes SC's decision on Padmaavat, Says it's vindication to artists rights & freedom of speech | WeForNews | Latest News, Blogs Sibal welcomes SC’s decision on Padmaavat, Says it’s vindication to artists rights & freedom of speech – WeForNews | Latest News, Blogs
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Sibal welcomes SC’s decision on Padmaavat, Says it’s vindication to artists rights & freedom of speech

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New Delhi, Jan 18: Senior Congress leader Kapil Sibal on Thursday hailed the Supreme Court’s decision to strike down the ban against Bollywood period drama “Padmaavat” in some states, saying it is vindication to artists rights and freedom of speech. 

He stated, the apex court must be congratulated for upholding not just freedom of speech but artists’ rights to present story in the manner he/she wishes.

Sibal also expressed hoped that states should honor the verdict and don’t create hurdles in its implementation.

Earlier in a day, the Supreme Court  paved the way for an all-India release for Sanjay Leela Bhansali’s “Padmaavat” on January 25 by staying the operation of orders banning the release of the film by the Gujarat, Rajasthan and Haryana governments.

Staying the “notifications and orders” banning the release of the iconic film by the four states, Chief Justice Dipak Misra, Justice A.M. Khanwilklar and Justice D.Y. Chandrachud asserted the remaining states will not ban the screening of the movie.

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Remembering Rafi Ahmed Kidwai: Indian freedom fighter who was next to Nehru

Rafi Ahmed Kidwai died on 24 October 1954 aged 60, while he was still holding office as a Minister.

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rafi ahmed kidwai

Rafi Ahmed Kidwai is one of the most prominent figures of Indian political history. During his time as minister, he was widely credited with bringing about worthy initiatives and implementation of laws. To his credit, many statues, streets, and institutes are named after him.

A man of courage, he belonged to an Islamic family hailed from the Barabanki District of Uttar Pradesh. After completing his education from Mohammadan Anglo-Oriental College in Aligarh, he entered politics through the Khilafat Movement.

When he was a student at the Aligarh Muslim University, he was tagged as a ‘Dangerous Person’ for his open Anti- British ideas. In response to the call given by Mahatma Gandhi, he left Aligarh to join the National Movement. He led the Khilafat Non-Co-operation Movement in Barabanki district. Since then, he played a vital role in the National Movement both at the State level and National levels.

Though he hailed from a Zamindari family, surprisingly and in keeping with his ideology, he gave a call for the abolition of the Zamindari system. Hopeful of changes in the policies of the Indian National Congress, he agreed to enter the Assembly. He won the elections held in 1935 under the leadership of Motilal Nehru and became a minister.

During his tenure as a minister, Rafi Ahmed proposed several reforms. The Indian National Congress assigned to him the responsibility of organizing the Anti War Satyagraha Movement in October 1940, which he discharged successfully.

Rafi Ahmed Kidwai was arrested during that movement. He spent a total period of ten years in the Jails during the National Movement. When most of the leaders were in Jails after the Quit India Movement, the Muslim League started strengthening itself. At that time, he faced the League with all his capabilities. He started the magazine ‘Quami Awaz’ to foil the divisionary tactics of the League and also wrote several articles in newspapers like the ‘National Herald’ to disseminate the secular thoughts. He had enormous respect for the culture of integrity and civilization of India. Thus he dedicated himself to the protection of Indian culture.

In 1969 to honor him, India Post has issued 20 Paisa commemorative Postal Stamp. The design of the stamp is horizontal and it depicts the portrait of late Shri Rafi Ahmad Kidwai at the right side and the left corner depicts the airplane to indicate Night Air Mail Service.

Kidwai died on 24 October 1954 aged 60, while he was still holding office as a Minister. Continuous strenuous work had destroyed his health and he had developed cardiac asthma. He was buried with full state honours in his hometown.

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Past policy actions’ transmission to help ease conditions, RBI Guv in MPC meet

“As supply chains adapt to the new conditions, recovery is expected to be stronger and sustained. To achieve this outcome, an accommodative monetary policy is needed at this juncture.”

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Shaktikanta Das

New Delhi, Oct 23 : The ongoing transmission of past monetary policy actions would help ease financial conditions, RBI Governor Shaktikanta Das had said during the Monetary Policy Committee meet earlier this month, according to its minutes released on Friday.

The statement assumes significance as past rate cut transmission will provide lower interest rates which, in effect, is expected to trigger consumption and economic revival.

Besides, the Governor said that there exists space for future rate cuts if the inflation evolves in line with the expectations.

“This space needs to be used judiciously to support recovery in growth,” he said.

Das said that monetary policy at this stage has to provide adequate support to ensure a robust revival of the economy from the devastating effects of Covid-19, while at the same time, ensuring that any persistence of elevated inflation does not lead to unanchoring of inflation expectations.

“With the supply side disruptions that are seen to drive the current inflationary pressures likely to be transient and wane out in months ahead as economy normalises, there is merit in looking through the current high levels of inflation and persevere with the accommodative stance for monetary policy as long as necessary to revive growth on a durable basis,” he said.

“Moreover, taking into account the projected moderation in inflation and the large output loss, I vote to keep the policy rate unchanged at present and continue with the accommodative stance, during the current financial year and into the next financial year, at the least. This would help to reduce uncertainty and market volatility. This would also enhance confidence in the monetary policy resolve to support the growth recovery process while ensuring that inflation remains within the target,” he added.

The penultimate meet of the MPC in 2020 was conducted from October 7 to 9.

The MPC decided to maintain the repo — or short-term lending — rate for commercial banks at 4 per cent on the back of persistently high inflation, fanned in part due to supply side disruptions along with seasonal factors.

The meeting was attended by all the members, including Shashanka Bhide, Ashima Goyal, Jayanth R. Varma, Mridul K. Saggar, and Michael Debabrata Patra.

Besides, other members cited the need support the economic recovery.

In the meeting, RBI Deputy Governor Patra said that under these conditions, it is essential for monetary policy to remain accommodative and opportunistically exploit the headroom that opens up when inflation recedes, as it is projected in the second half of 2020-21.

“Three aspects need to be emphasised. First, it is important to separate false starts from durable growth drivers. In this context, all efforts need to be trained on the revival of investment. Second, in the evolving situation in which monetary policy is committed to an accommodative stance, it is necessary to monitor inflation dynamics closely for signs of generalization and persistence,” he said.

“For this purpose, all indicators of aggregate demand, including monetary and credit aggregates, warrant continuous examination for inflation impulses. Third, with unprecedented contractions in economic activity and elevated inflation posing a razor’s edge trade-off fraught with uncertainty, forward guidance has to be clear and decisive.”

Regarding inflation, Saggar said that inflation is currently above the upper tolerance band, it is not monetary in nature.

He pointed out supply disruption in food, increase in taxes on fuel and liquor, and surge in gold prices “catalysed by risk-off” has lifted inflation.

“In my view, headline inflation should start softening from October. Apart from favourable base effects, the unlocking has picked speed and would significantly reduce supply chain bottlenecks causing both agriculture and non-agricultural prices to correct,” he said.

“Monsoon risks to inflation have dissipated. Cumulative rainfall has been 9 per cent above long period average with its temporal and spatial distribution satisfactory. Area sown under Kharif has expanded by 4.8 per cent. With resumption of businesses by small poultry, high prices in protein items should witness some correction.”

On his part, Bhide said that there are clearly uncertainties facing the growth and inflation projections.

There is also uncertainty over the speed with which the Covid-19 pandemic is brought under control, which also affects growth and inflation scenarios in the next 2-3 quarters, he said.

“Towards the end of Q2, there are indications of revival of the economy after the relaxation of restrictions on transportation and businesses across the country,” Bhide said.

“As supply chains adapt to the new conditions, recovery is expected to be stronger and sustained. To achieve this outcome, an accommodative monetary policy is needed at this juncture.”

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Bengaluru: Cinema theatres open – Dearth of audience hurts owners

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Bengaluru, Oct 24: The cinema theatres in the state had stopped operations seven months back because of coronavirus-induced lockdown enforced by the government. The theatres were allowed to operate from October 15 subject to certain conditions. Accordingly, films began to be screened in various towns and cities including this city.

During a week which went by thereafter, the audience response has been disheartening. The theatres have been waiting to receive the audience but the movie-goers seem to be keeping a distance from the theatres.

Films like ‘Love Mocktail’, ‘Shivaji Suratkal’, ‘Shivarjuna’, ‘Mayabazar 2016’ and ‘Kaanadanthe Maayavaadanu’ had been released in single screens and multiplexes during the last week. A few more films were added in between. More films are in the line to be screened in the coming week. The films that will be exhibited this week will be ‘Kurukshetra’, ‘KGF’, ‘Tagaru’, ‘Rajkumar’, ‘Kotigobba 3’, ‘Damayanthi”, ‘Diya’ and some more.

No audience: Even though many movies are getting released, there has not been any appreciable addition to the number of audiences as compared to last week. Most of the films are being released in multiplexes where only one or two shows have been arranged. There were cases in which a few shows were cancelled for want of audiences.

Old films a problem: Some exhibitors feel that the audience response has been better but not to the extent expected by them. They point out that the films being screened now are the old ones which have already been seen by the people on OTT and television. They feel that the audience response would have been far better if new films of stars were released.

President of Karnataka Film Chamber of Commerce, K V Chandrashekhar, admits that the audience response so far has been lukewarm but expects the collections to increase once new films are released. Producer of ‘Shivarjuna’, Shivarjuna, says that his film was exhibited in 40 theatres in the first week and 20 more theatres have been added this week. He feels that with the release of new films, more and more audience will get attracted towards the theatres.

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