Showing posts with label MP Latest Hindi News. Show all posts
Showing posts with label MP Latest Hindi News. Show all posts

Saturday, 18 October 2014

Modi's appeal works, Mumbai polling percentage rises

"Voter turnout, which was a dismal 48 percent for the Lok Sabha elections earlier this year, has improved and was around 55 percent in the 36 Maharashtra Assembly constituencies in the island city and suburbs," an official said.

While polling percentage in Mumbai city was around 54 percent, in suburban Mumbai, it was around 56 percent.

Addressing a poll rally at Borivli in North Mumbai on October 12, a day before campaign for the Maharashtra Assembly polls ended, Modi had asked voters to go out in large numbers to vote.

He had reminded them of the dubious record of poor voter turnout in Mumbai during Lok Sabha polls.

"In the October 15 Assembly polls, you will get a chance to undo what happened in the Lok Sabha polls as far as polling percentage is concerned," he had said.

Repeat telecast in Maharashtra of Modi US speech under scanner: Election Commission

Congress had complained to the poll body that BJP had misused the speech for electoral gains by sponsoring its repeat telecast last week.

"It is under examination," DG in the Commission, PK Dash, told reporters when asked whether Election Commission had taken a decision in the matter.

But Election Commission sources said that any action against BJP was unlikely as, according to the report submitted by the Maharashtra Chief Electoral Officer, the telecast was cleared by the media monitoring committee which keeps a tab on media during the operation of the model code of conduct.

EC had recently said that it had found nothing Modi's radio broadcast 'Maan Ki Baat' which was violative of the model code.

Congress had moved Election Commission against the radio broadcast alleging that BJP had misused state machinery to further its electoral ends as the programme was aired when the model code was in force.

Student body demands setting up of help desk for Northeastern people

"The Centre should consider setting up a dedicated help desk for North East people in all metro cities in view of the rising hate crimes our people are facing,"  North East Students Organisation (NESO) Chairman Samuel Jyrwa said.
  
The NESO, is an umbrella organisation of students' bodies in the Northeastern states.
  
Jyrwa said the desk should be headed by a senior police officer or preferably an IAS officer to ensure prompt and immediate help in case of any reported hate crimes in these cities.
  
In the past 72 hours, five persons were attacked by local gangs allegedly in hate crime incidents in Bangalore and in Gurgaon.
  
In both the incidents, Jyrwa said, the police could not reach the spot on time thereby causing severe injuries to the victims due to the attack.
  
The help desk could facilitate immediate rescue services if the need arises once the centre is made known to the people, he said.
  
Condemning the incidents, the NESO leader said he would take up the matter to the Union Home Minister Rajnath Singh and his deputy Khiren Rijiju.
  
NESO had earlier this year taken up the matter with the Home Ministry when Arunachal Pradesh student Nido Tania was killed in Delhi.

Chandrababu Naidu vows to rebuild cyclone-hit Vizag

"We will now focus on rebuilding the city. It will again become the commercial capital of the state. I have no doubt about it," said Naidu, who is camping here for last five days to supervise relief operations.

He said the rebuilt city will have a new name like "new Visakhapatnam".

He told reporters that he remained committed to develop the port city as a top Information Technology destination.

Naidu said the new city would be developed while keeping in view the lessons learnt in tackling Hudhud, the severe cyclonic storm that battered the city and other parts of north coastal Andhra last Sunday.

The cyclone with a wind speed of 185 kmph uprooted trees, electricity and communication towers and caused massive damage to central and state government establishments in this picturesque steel city, the biggest city in the state and an industrial hub.

"We will have a city which can withstand even 250 kmph cyclone. We will build common services ducts so that electricity, communication, water supply and other services can be restored within 24 hours in the event of any calamity," he said.

The Chief Minister said as the city lost almost its entire green cover, the government will hire services of experts for cloning of trees.

He also proposed to seek help from Singapore in this connection.

Naidu stressed the need for reopening the public sector companies as early as possible to bring normalcy back in the city.

The airport, which suffered extensive damage, on Friday resumed its operations while Visakhapatnam Port Trust is set to restart its activity from Saturday.

Visakhapatnam Steel Plant, Hindustan Shipyard Limited (HSL), Bharat Heavy Electricals Limited - Heavy Plates and Vessels Plant (BHEL-HPVP) and other major establishments suffered huge losses.

Naidu said since small and medium industries also suffered damaged, the government will come out with a policy to help them.

The Chief Minister said the losses due to the cyclone were beyond anybody's estimate. He had hinted two days ago that the losses could be in excess of Rs.70,000 crore.

Naidu hailed the courage shown by people in the face of the unprecedented disaster. He pointed out that despite suffering losses, people have come forward to donate a day's salary.

Congress slams Samajwadi Party government in Uttar Pradesh

"During this government, development of areas of only some leaders of the Samajwadi Party is taking place while the intersts of farmers, youth and poor is being ignored," UPCC chief Nirmal Khatri said.
 
He was speaking at the "Purvanchal Bachao Sammelan'organised in Basti, the party said in a release.
 
Warning that Congress would not tolerate "this kind of corruption" centred around the powerful people in the present government, Khatri said the path of socialism in the state appeared confined to the welfare of a selected few.
 
"The progress of the state has come to a halt for the past 22 years because of corruption and political opportunism," he said, asking partymen to give momentum to the struggle against injustice, atrocities and harassment.
 
Congress National Secretary Prakash Joshi alleged that Prime Minister Narendra Modi is working in the interest of capitalists and rich.

UP government will help upgrade sugarcane institute: Akhilesh Yadav

"The necessary infrastructure is being strengthened in order to ensure all-round development of the state", Akhilesh told reporters in Shahjahanpur.

During his visit he also took stock of the development works and law and order situation there.

He said that all-out efforts were on to strengthen the infrastructure of the state to ensure all-round development.

Yadav said that establishing brotherhood and amity was the aim of his government and it is paying special emphasis on it.

The Chief Minister also visited Unnao.

Ensure safety of North East people, Rajnath urges Haryana, Karnataka

The Home Ministry statement which said Rajnath Singh had spoken to both the Chief Ministers of Haryana and Karnataka was later re-issued with revisions, clarifying he had spoken to the Haryana Governor, not the Chief Minister. It also said he had spoken to the Karnataka Chief Minister on Thursday.

"The Home Minister requested both the governments to maintain law and order under all circumstances and also urged them to ensure the safety of all citizens, including those hailing from the northeast," said the statement.

Citing some incidents of attacks on citizens from the northeast in the past couple of days in Bangalore, Karnataka and Gurgaon, Haryana, he said that it is a matter of concern.

"In Bangalore, three people found to be involved in the attack have been arrested. Similarly, in Gurgaon, three attackers have been arrested by the Haryana Police," the official statement said.

"Considering these attacks, both the state governments have issued directions to the police to deal with such people strictly," the statement said.

The statement informs that Karnataka and Haryana Police have taken a number of security measures to ensure the security of the people including those hailing from the northeast and the Home Ministry has also sent advisories to state governments and union territories in this regard.

No minimum percentage of seats required for LoP: Lok Sabha Secretariat

"There is no minimum percentage prescribed for the selection of the Leader of Opposition," Under Secretary of the Lok Sabha Secretariat K Sona said in reply to a query by Mumbai-based Right to Information (RTI) activist Anil Galgali.

Galgali had filed an application seeking information on the cumpulsory minimum strength required for appointment of LoP.

Congress president Sonia Gandhi had written a letter to Lok Sabha Speaker Sumitra Mahajan on July 7 requesting for LoP status to the party leader in the House Mallikarjun Kharge.

In her response to Sonia's letter on August 14, the Speaker had said after considering "applicable provisions" and "past precedents" it was not possible to accede to her request.

"After consideration of applicable provisions of relevant statutes, directions by the Speaker Lok Sabha (Directions 120 and 121) and several past precedents repeatedly followed for the last nearly 60 years which have been based upon decision taken by many eminent Speakers in the past, it has not been found possible to accede to your request," Mahajan's letter to Sonia said.

Later, defending her decision which, she said, was based on "rules and tradition", Mahajan had cited a "rule" that required a party to have a minimum of 10 per cent seats in the House for its leader to be declared the Leader of Opposition.

"I have taken the decision after studying the rules and traditions and after taking experts' opinion on the issue. No Opposition party has more than 55 (seats). Till date, the rule that a party should have a minimum of 10 per cent seats in the House (for being accorded the status of LoP) has not changed," she was reported to have said.

The Speaker also said in 1980 and 1984, the House had no Leader of Opposition because no party had the required strength.

The Lok Sabha secretariat also informed the activist that the LoP's post was vacant in the 1st, 2nd, 3rd, 5th, 6th, 7th, and 8th Lok Sabha.

It said the query regarding the requirement of Leader of Opposition for selection of heads of institutions or commissions has been transferred to Law and Justice Ministry.

Amid acrimonious exchanges between Congress and BJP leaders, the Supreme Court had in August decided to go into the issue of interpreting the provision of Leader of Opposition in Lok Sabha in the matter of selection of statutory bodies in the absence of a recognised LoP.

PM Narendra Modi to open HN Hospital next week

Located in the heart of South Mumbai, the hospital, now called Sir H N Reliance Foundation Hospital and Research, in its 90th year, has been completely rebuilt by Reliance Foundation led by its Chairperson Nita Ambani into a most- modern 19-storey tower and two heritage wings.

Reliance Foundation is run by Mukesh Ambani-led Reliance Industries.

Modi will inaugurate the hospital on October 25, the company said in a statement.

"Founded in 1925 as Mumbai's first general Hospital, it has a rich heritage. It witnessed the freedom struggle and the Second World War and one of the most frequent visitors then was our Father of the Nation Mahatma Gandhi," it said.

The Hospital celebrated its Silver Jubilee with Sardar Vallabhbhai Patel as its Chief Guest and the Golden Jubilee celebrations was graced by Lok Nayak Jayaprakash Narayan.

Now, in its 90th year, the Prime Minister is gracing the inauguration of this hospital.

The hospital has state-of-the-art operation theatres equipped with robotic surgery and on-line video conferencing enabling live consultations with specialists across the world and a hybrid cath-lab India's first for emergency heart operations.

It has collaboration with John Hopkins, MD Anderson Cancer Centre, Massachusetts General Hospital and University of Southern California.

"The general wards of the hospital will have the same level of treatment for the citizens at the bottom of the pyramid.

"The Hospital has an outreach program that currently covers over 310,000 individuals in the vicinity providing preventive and primary healthcare on a digital platform virtually free of costs," the statement said.

Delhi Metro proposes over 103 km long corridor in phase IV

A Detail Project Report (DPR) for phase IV has been prepared and submitted to Delhi Government and the Union Urban Development Ministry for approval, a DMRC spokesperson said.
  
The corridors being proposed under this are Rithala to Narela (21.73 km), Janak Puri West to R K Ashram (28.92 km), Mukundpur to Maujpur (12.54 km), Inderlok to Indraprastha (12.58 km), Aero City to Tughlakabad (20.20 km), Lajpat Nagar to Saket G Block (7.96 km), as per the report.
  
The corridor will cover Rithala to Narela via Barwala and Bawana, West Janakpuri to R K Ashram via Peeragarhi Chowk, Mukundpur to Maujpur via Wazirabad and Khajuri Khas, Tughlakabad to Aerocity via Saket G Block, Mehrauli and Mahipalpur with a spur from Lajpat Nagar to Saket G Block, Inderlok to Indraprastha via Dayabasti, New Delhi Railway Station, Delhi Gate and Delhi Sachivalaya.
  
"As per the acquired experience, total work can be completed in 72 months period from date of start. The work should be started by April 2016, and various sections can be opened in phases by March 31, 2022," the spokesperson said.
  
Project completion date is subject to land required for the project, which is made available to DMRC within six months period from date of sanction of project.
  
In the phase III, construction work on Jhangirpuri-Badli 4.489 km work on which work started in September 2011 has been 80 percent completed till last month and is likely to complete by March next year.
  
The 13.875 km lond Faridabad extension corridor, work on which began in September 2011 will be completed by May next year as 88 percent work on it has been completed.
  
On the 9.37 km Mandi House-Kashmere Gate, 78 percent work on the line which started in May 2011 has been completed and it is likely to be totally completed by December 2015.

The longest 55.697 km Mukundpur-Shiv Vihar corridor, work on which began in September 2011, is expected to open in March 2016 and only 55 percent construction has been completed till last month.
  
About 45 percent work has been completed on the 33.494 km long Janakpuri-Kalindi Kunj Metro corridor by September and it too will be ready by March 2016.
  
Besides these only 15.57 percent work has been over on the 4.373 km long Dwarka-Najafgarh and 24.90 percent work has been done on 11.18 km long Mundka-Bahadurgarh corridor. Work on both the sections commenced in September 2012 and is expected to be over by March 2016.

Friday, 17 October 2014

As Kailash Satyarthi is praised at UN, India affirms commitment to end child labour

Mayank Joshi, a First Secretary at India's UN Mission, affirmed on Thursday nation's strong commitment to the eradication of all forms of child labour and noted that recent amendments to laws prescribed stringent punishment to combat human trafficking, including the sale of children.

Norwegian delegate May-Elin Stener said that the Nobel prize awarded to Satyarthi and Yousafzai sent an important message of support and recognition to those around the world who worked in defence of children's rights.

Saluting the two Nobel Prize winners, Brazil's Antonio deAguiar Patriota said, "The award honoured many more Malalas who exist in all our countries but have not been visible or received the recognition they deserve."

India, which was home to 472 million children making up one in five of all the world's children, has taken several steps to enhance their status, Joshi said. The Indian constitution provides for free and compulsory education for children and having achieved near universal primary eduction, the government's focus was on expanding secondary education and its accessibility to girls, he said.

The government had also undertaken measures to ban sex-selective abortion and child marriage, he said. Utilizing information technology, India has launched an innovative 'Mother and Child' tracking system to ensure the delivery of a full spectrum of health care services to pregnant women and immunization services to children up to the age of five.

The UNGA committee that deals with social, humanitarian and cultural issues also approved a draft resolution that would recommend reducing prison overcrowding and promoting alternatives to imprisonment.

Appreciation more important than money, says Deepika Padukone

"Appreciation is important. What do we work for? If I work hard for my film and if my work is not appreciated, then what is the point," Deepika said in a group interview.

"In fact, money is the least important thing and success also is not so important. The love and appreciation that we get, is important and valuable," she added.

The actress came with a bang in the Bollywood boulevard with a double role in "Om Shanti Om", but post that, she was panned by critics for being wooden-faced.

But tables turned when she sailed through her roles in films like "Cocktail", "Yeh Jawaani Hai Deewani", "Chennai Express" and "Goliyon Ki Raasleela Ram-leela".

Even critics marvelled at her improved skills, but the model-turned-actress says "being a heroine is not easy".

"It looks very glamorous and looks like a great life, but there is a lot of hardwork behind it," said badminton legend Prakash Padukone's daughter, who had an easy entry in tinsel town, but had to go through the grind to find a firm foothold in the film industry.

Deepika feels "proud" to have "a comfortable roof" on her head -- something which she couldn't "afford" earlier.

"At the end of the day, we have to lead a decent lifestyle. But all I am trying to say is that the most important thing is appreciation," she added.

Her recent choice of films has resonated well with the audience as well as the box office, but Deepika doesn't make conscious efforts to choose films that can impact box office.

"I don't choose films based on whether it's going to do business of Rs.100 crore or Rs.200 crore. If so, then we are doing films for the wrong reasons.

"For me, box office is not important in the process of making a film. If I'm being true to the film, then it's good. You have to choose films from your heart.

"A film should be done for the script. The destiny of the film is different, but I have to enjoy the process," she said.

Her next release "Happy New Year", one of the most talked about film in Bollywood as of now, is coming out Oct 24, a day after Diwali. She will be seen with her "Om Shanti Om" co-star Shah Rukh Khan in it.

Deepika says director Farah Khan was looking for a new girl for the mega-budget multi-starrer before casting her.

She said: "They wanted a new girl in the beginning. After 'Chennai Express', I got a call from Farah, and she said she wants me in her film. I didn't even hear the narration and said, 'Yes', and luckily, the dates worked out," she said.

"It happened last minute. They didn't find a girl and they came to me and I am happy that I could fit the film," she added.

Her immediate nod came because of her bonding with Shah Rukh and Farah Khan since her "Om Shanti Om" days.

"Farah and Shah Rukh gave me such a beautiful launch, they had presented me so well. They took such good care of me. They understand the responsibilty that this girl's career is in their hands," she said, and added that she will be thankful to both of them irrespective of the box office performance of "Happy New Year".

"Happy New Year" also features Abhishek Bachchan, Boman Irani, Sonu Sood, Vivaan Shah and Jackie Shroff.

PM Modi to address top military commanders today

The Combined Commanders' conference of the three Services is expected to discuss ceasefire violations by Pakistan and developments on China border.

Modi will address the conference during which he is expected to outline his strategic vision to the military directly, defence ministry sources said.

This will be the Prime Minister's first meeting with all top commanders here at the defence ministry headquarters.

The situation along the Pakistan border and the Line of Actual Control with China is also expected to come up for discussion in the conference against the backdrop of recent developments.

Pakistan has been repeatedly violating the ceasefire along the International Border and Line of Control ( LoC) for nearly two weeks and India has been retaliating with major force.

There were fears of escalation but the firing and shelling has receded over the past few days.

Chinese troops also indulged in incursions in various places of Ladakh, including during the visit of President Xi Jinping here last month.

As the chairman of Chiefs of Staff Committee, Air Force chief Arup Raha will be the first to brief the Prime Minister on the issues of concern for the three forces.

Navy chief RK Dhowan and Army chief Dalbir Singh Suhag will also outline the challenges in respect to international, and regional scenario.

The day-long conference will also be addressed by Defence Minister Arun Jaitley, External Affairs Minister Sushma Swaraj and Home Minister Rajnath Singh.

Will talk to Karnataka CM about attack on North-East students: Rajnath Singh

"I will talk to the Karnataka Chief Minister. Action should be taken. No one can discriminate against anyone on the basis of caste, creed and sect," he told reporters on the sidelines of a function here.

Three students from the northeast were allegedly beaten up last night in a Bangalore locality for not speaking Kannada.

Michael, one of the victims, who received injuries to his forehead and hands, said that the attack took place at an eatery where he had gone with two others. The trio were at a table, discussing an event they were planning to hold when three locals came up to them.

"They said you are eating Karnataka food. You are living in Karnataka. You have to speak in Kannada. Why don't you speak in Kannada. Or else, get lost from this state. They later attacked and I had to defend and thus I received injuries," said Michael.

The three accused have already been arrested.

Obama might appoint an Ebola czar, rules out travel ban

"It may make sense for us to have one person, in part just so that after this initial surge of activity we can have a more regular process just to make sure that we’re crossing all the T’s and dotting all the I's going forward,” Obama told reporters when asked if he is planning to appoint an Ebola czar.
  
Talking to reporters after holding meeting with his top national security and health officials, Obama said travel ban might not be the best way to prevent the spread of this virus. "It is currently the judgment of all those who have been involved that a flat-out travel ban is not the best way to go," he said.
  
"I don't have a philosophical objection necessarily to a travel ban if that is the thing that is going to keep the American people safe. The problem is that in all the discussions I’ve had thus far with experts in the field, experts in infectious disease, is that a travel ban is less effective than the measures that we are currently instituting," he said.
  
"If we institute a travel ban instead of the protocols that we’ve put in place now, history shows that there is a likelihood of increased avoidance. People do not readily disclose their information," he said.
  
Obama's remarks came as more than 70 lawmakers urged Obama Administration for a travel ban on passengers coming from the Ebola virus affected African countries.

US focused on moving forward after Khobragade row

"I'm not aware of anything recently or anything through official channels," State Department spokesperson told reporters on Thursday when asked about the allegations made by Devyani Khobragade, India's former deputy consul general in New York.

Khobragade, whose alleged arrest and strip search last December over charges of visa fraud and underpaying her housekeeper, had strained India-US relations, had in a TV interview hoped that her case will be taken up positively by the new Modi government.

"Obviously, this is a topic that had been discussed, as you know, late last year and early this year," Psaki said. "Our focus has been on moving our relationship forward."

US Secretary of State John Kerry and US defence Secretary Chuck Hagel were in India this summer and US hosted Prime Minister Narendra Modi, she said.

"So our focus here, through diplomatic channels, is on moving the relationship forward," Psaki said.

Khobragade told the TV channel that it is vital in her case be taken up as it does not concern her as an individual, but is about an open judicial system for all diplomats.

According to Khobragade, it would have been the temptation of a green card or a visa that could have compelled her maid to complaint against her.

Khobragade was transferred back to New Delhi after getting full diplomatic immunity by working briefly at India's UN mission even as New York's Indian-American attorney Preet Bharara declined to withdraw the US case against her.

Kashmir: LeT militant involved in attacks arrested

A police spokesperson said, "Arif Magray alias Sujjee was arrested during an anti-militancy operation from Pulwama district".

The spokesperson further informed that the militant has worked in close association with the terror group  LeT.  Magray, the arrested terrorist, was believed to be involved in a number of attacks, and was also believed to have provided shelter to his companions from the terrorist group.

In a similar raid on September 29, another Lashkar-e-Toiba militant was arrested from the Kashmir valley where security forces busted two ultra hideouts and recovered a large cache of arms and ammunition.

The police acted on a tip-off and made the arrest. The alleged terrorist Mohmmad Shafi Dar alias Ukasha, said to be a close associate of slain LeT commander Abdullah Yuni, was arrested from
Sopore area in Baramulla district

" The LeT terrorist is believed to have been a primer in the terrorist group. An AK rifle along with few bullet shells was recovered from the hideout busted in Kashmir,” it was added.

A police source said the recoveries included 10 rocket propelled grenades, four Chinese grenades, 89 AK rounds and some eatables.

Security forces recovered two disposable rocket launchers, three Chinese pistols, two Chinese pistol magazines, three AK magazines and 30 rounds of Chinese pistol ammunition in Handwara, an army spokesman said.

Nitish Kumar takes jibe at Sushil Modi

"Sushilji, main koi marriage bureau to chalata nahi (Sushil Modi, I do not run a marriage bureau)," Kumar said in his comment to his former deputy in the NDA government in a Facebook post.

Kumar's jibe came in reply to Sushil Modi's query that was it not true that the sister-in-law of Sanjay Kumar was married to the maternal nephew of RCP Singh, his former Principal Secretary and now a JD(U) Rajya Sabha member.

The Facebook account has detailed reply of Chief Secretary Anjani Kumar Singh to queries posed to him by Nitish Kumar in connection with the medicine scam along with his answer to questions raised to him by Sushil Modi.

Trashing the clean chit given by Chief Minister Jitan Ram Manjhi to all health ministers during the NDA rule and later in the medicine scam, Sushil Modi had insisted on a CBI probe to inquire the role of Kumar in the irregularities.

The medicine scam has turned out to be a big issue following the death of a patient after being administered spurious medicine at a government hospital in Bhagalpur in March this year.

The Chief Secretary's reply to Kumar on his query to let him know the his role as minister in-charge of health in medicine purchase and supply, gave a clean chit to the former CM saying he had no role in the functioning of the State Health Society and Bihar Medical Services And Infrastructure Corporation Limited (BMSIL).

"Approval of the minister was not required for the rate at which Health society and BMSIL were purchasing medicines and medical instruments and hence approval was never sought from the minister," the CS said in his letter to Kumar.

Responding to an another question, the CS said the purchase committee and technical core committee were constituted by the order of Principal Secretary Health and the minister had no role in it and his approval was not taken.

The CS in his reply to Sushil Modi's queries, denied that Kumar was informed about the filing of a petition by one Shahnawaj Ali in the Patna High Court on the issue as the matter was taken care by other officials in the department.

Economy improving, 5.5 percent growth this year: RBI Governor

"Next year we will go into sixes and hopefully sevens the year after," he said while addressing students of Indian Business School (ISB) here on Thursday.

Rajan said that without thinking of major reforms, the country can put the economy back on track to a reasonable level but reforms will be key to sustain the growth and to take it to a higher level.

While claiming that the economy is improving, he hoped that there will be more sustainable growth going forward.

Rajan, however, underlined the need to support the growth in a strong way by working on the financial side.

"The bottom line is we do seem to be picking up in growth. Our current account deficit is smaller and inflation numbers look lot healthier than they looked a few months ago," he said.

He said many market participants were convinced that India could hit the RBI's target of bringing down consumer inflation to 6 percent by Jan next.

The central bank chief said there was some pickup of industrial growth but pointed out that Nokia shutting down its plant in Chennai made big difference to IRP numbers.

Rajan said while exports seem to have slowed down, the country is doing reasonably well in non-oil and non-gold exports with 6-7 percent growth.

"This has been one of the strengths of the economy over last few months."Noting the government is focusing on improving the framework of doing business, he stressed the need to make easy for business to grow in terms of access to finance, regulations, and skilled labour.

"The government is working in all these areas. I don't see why we can't overtime reach double digit given our level of development," he added.

Stating that some reliance on foreign investment is not bad, he said FDI alone may not be sufficient. He stressed the need for portfolio investments saying they are relatively stable form of financing.

Rajan admitted that there will be some volatility in foreign institutional portfolio investment but remarked that one has to live with it.

To a question, Rajan said Prime Minister Narendra Modi has an ambitious agenda for India. "The level of expectations is very high. We have to match it," he averred.

Denying that there is a conflict between government and RBI, he said they enjoy free, frank and cordial relationship. He said discussions are creating institutional structures like financial resolution authority to improve functioning of financial sector.

"We need financial resolution authority so that we can close down financial institutions poorly functioning one and resurrect well functioning ones," he said.

The RBI governor said discussions were also on on the monetary policy framework.

Terming it as a far sighted move by the government, he said this will help reach the standards which other countries have achieved and also decide how to make objectives of central bank more explicit like keeping inflation at certain level, financial stability and growth.

Discussions are also on creating a monetary policy committee, who will appoint the members of the committee and what will be the term of management of the RBI.

Rajan said the RBI would be restructured by appointing another deputy director. He, however, pointed out that RBI Act will have to be amended to create the post of fifth deputy director.

The RBI governor said the country need specialists - Indian or foreign - to put distress assets back on track.

"If the specialists bring in new money which is required to complete projects they will be very welcome. It's not that India is for sale but we need help on project restructuring."

Stressing the need for strengthening asset restructuring companies with more capital, Rajan said the country will be open for more asset reconstruction companies.

He said RBI will open licensing process for new asset reconstruction companies of various hues so that they can start helping in bringing down the level of distress.

Tuesday, 14 October 2014

Campaigning for Assembly polls in Maharashtra, Haryana ends

The dust and din came to an end at 5pm when the loudspeakers went silent as political parties asked their cadre to get on with the job of door-to-door campaign for persuading the voters.

Egged on by the massive mandate he got in the Lok Sabha elections just five months ago, Modi unleashed a poll blitzkrieg addressing over 30 rallies in the two states where he took on the opposition over dynastic politics and corruption.

With no local face in Maharashtra which has 288 seats and Haryana which has 90 seats, the BJP banked heavily on Modi for campaigning, especially in Maharashtra where it split with its long term ally, the Shiv Sena.

While he avoided any criticism of Shiv Sena, Modi came down heavily on both the Congress and NCP, saying they were highly corrupt and had looted the state for the last 15 years.

Congress on the other hand projected Prithviraj Chavan while NCP Ajit Pawar and Shiv Sena Uddhav Thackeray.

With Wednesday's polling in the two states being seen as the first key test of popularity for major political parties after the Lok Sabha elections, the BJP left nothing to chance with Modi addressing over 20 rallies in Maharashtra and 10 in Haryana. Counting of votes will be taken up on Sunday.

The October 15 elections for the Maharashtra Assembly will be the first in over quarter of a century when major political parties are out in the poll arena sans erstwhile alliance partners.

The last time Shiv Sena and BJP fought separately was before 1989 - the year their alliance was sealed and for Congress and NCP, it was before 1999 the year the Sharad Pawar-led party was formed. In the 2009 polls, Cong won 82, NCP won 62, Sena 45 and BJP 47 and MNS 12. Ashok Chavan of Congress was elected the chief minister.

The campaign in Haryana saw the Prime Minister targeting Congress exploiting the controversy surrounding the land deals involving Sonia Gandhi's son-in-law Robert Vadra, saying it
symbolized the corruption of 10 years of Congress regime. He sought a majority for BJP, saying a hung assembly will serve no one's interest.

The other top guns battling it out in Haryana are the kin of the three famous 'Lals' including jailed former Chief Minister O P Chautala.

Unlike in the recent past, when the fight was mainly between Congress and Indian National Lok Dal (INLD), a number of new players threw their hats in the ring this time.

However, Congress, BJP and INLD are being seen as the main players, with all three hoping to capture power on their own.

BJP for the first time in the history of Haryana, which was carved out as a separate state in 1966, is contesting on all the 90 seats on its own.

Two-time Chief Minister Bhupinder Singh Hooda, son of veteran freedom fighter late Chaudhary Ranbir Singh, is seeking re-election from his Garhi Sampla Kiloi constituency in Rohtak district.

Throughout his campaign in Haryana, the Prime Minister asked the people to shun the "families" that have monopolised power in Haryana by forging "behind-the-scene alliances" for past 25 years.

Congress President Sonia Gandhi on her part launched a twin-pronged attack on BJP and INLD, saying they were only out to grab power. She also accused BJP of being pro-rich and making hollow promises.

In the 2009 elections in Haryana, Congress had won 40 seats, INLD 31, BJP 4 and Independents 7.

Devi Lal's son former Chief Minister Om Prakash Chautala and the latter's son Ajay Singh may be out of the contest this time in the wake of their sentencing in the teachers' recruitment scam last year but prestige is at stake for the kin who are in fray fighting from the seats represented by the
jailed leaders.

O P Chautala's another son and senior INLD leader Abhay Singh is seeking re-election from Ellenabad Assembly segment. In the absence of the jailed leaders, he faces the tough challenge to lead his party to victory.

Indicating that it is a do-or-die battle for the INLD this time, with the party being out of power for a decade, even O P Chautala, who was out on bail on health grounds, had joined the campaigning.

INLD is contesting on 88 seats while the remaining two seats are being fought by its ally Shiromani Akali Dal (Badal).

Former Chief Minister Bhajan Lal's younger son and HJC President Kuldeep Bishnoi has entered the fray from the family's pocket borough Adampur constituency while Bishnoi's wife Renuka Bishnoi is contesting from Hansi. Bhajan Lal's elder son and former Deputy Chief Minister Chander Mohan is contesting from the Nalwa segment.

Bansi Lal's son and former BCCI President Ranbir Singh Mahendra, daughter-in-law (late Surender Singh's wife) and Haryana Minister Kiran Choudhary and Lal's son-in-law Sombir Singh are contesting as Congress candidates from Badhra, Tosham and Loharu segments in the Bhiwani district.

Among other top guns in the fray are Haryana Cabinet Minister and Congress's national spokesman Randeep Singh Surjewala, seeking re-election from Kaithal constituency.

BJP's chief ministerial aspirant state unit chief Ram Bilas Sharma, party's spokesman Capt Abhimanyu and former RSS leader Manohar Lal Khattar are in the fray from Mahendergarh, Narnaund (Hisar) and Karnal assembly segments, respectively.