Thursday, October 9, 2014

Opposition died! Long live the Opposition! We are amidst war situation and the ruling parties across the political borders have made us warring nations.

Opposition died! Long live the Opposition!

We are amidst war situation and the ruling parties across the political borders have made us warring nations.

Palash Biswas

$100 bn foreign investments knocking at India`s doors: Narendra Modi

$100 bn foreign investments knocking at India`s doors: Narendra Modi

Prime Minister Narendra Modi on Thursday said $100 billion worth of foreign investments is knocking at the doors of India and it is up to the states to lap up as much as they can.

Parliamentary democracy may not survive without opposition.In India,the Opposition is  died! Long live the Opposition!

We are amidst war situation and the ruling parties across the political borders have made us warring nations.

In the wake of intensifying ceasefire violations along the border in Jammu and Kashmir, India has cleared that talks with Islamabad will not be possible unless Pakistan stops cross-border firing.  

According to reports, New Delhi has responded strongly, conveying the Indian leadership's resolve and ability to deal with Pakistan.  

Escalating their operation, the Pakistani troops on Wednesday continued to target security outposts along the entire 192-km International Border in Jammu and Kashmir.

Parliament has become quite irrelevant as the Opposition exists no more.Scams are dismissed one after one without any storm whatsoever.Reforms activated without parliamentary clearance.

Legislation executed without any debate and the government declares policies on foreign land to protect foreign interests.The Prime Minister announces in America to throw all laws hitherto into the dustbin as it no mere suits free low of foreign capital.

Policy making is wholesale affair concerned to expert committees represented by the private sector subjective to corporate lobbying and it is endorsed by the parliament without disturbing the government without mandate.

It is free market economy and it is minimum governance.

Promising Bullet train,the government decontrols Railway fare having privatised the greatest Railway network just introducing premium trains.

Ninety percent of forest land has to be gifted away to multinational national companies without hearing whatsoever,without environment clearance,violating supreme court orders, killing fifth and sixth schedules of the constitution and finally displacing the nature associated people enacting racial ethnic cleansing and waging a constant salawa judum war against the people.No one dares to protest as the act is branded to be cidition, a war aginst the governement.

We have not seen any opposition whatsoever which deals with public issues and always in a default mode of identity based vote bank equations.

The Ruling party and the opposition seem to be just two sides of the same coin in the states and in the center.All representatives suddenly get rich and have to become billionaires.

All political parties have to be funded by corporate houses.Itis consensus overwhelming killing the opposition.

Suddenly we have enhanced our latest status as we have elevated ourselves as a war economy and making in America.

The opposition sacrificed opposition to achieve the goal and the mandate is manipulated accordingly as opposition is doing everything for the win of a specific set of rulers who may serve their interests.

It is a WWF scenario as Congress quite willingly handed power to Shaffron Modi brigade as it could not launch second generation of ethnic cleansing which is called reforms.

No issue related to agrarian,professional,business communities have to be addressed at all.

No issues relating labour, women, students and children are addressed.

No issues related to civic and human rights are addressed.

It is blind communal religious identity nationalism which is the politics of modern India.

For instance, National security and internal security is handed over to Reliance and other private companies making Indian emerging market an emerging war economy americansed.

Nevertheless,Under fire, Prime Minister Narendra Modi on Thursday launched a counter offensive against Congress and NCP on ceasefire violations by Pakistan, saying such issues should not be dragged into political discourse as he hauled them over the coals over corruption in Maharashtra.

NCP boss and former Defence Minister Sharad Pawar was the butt of Modi's criticism as he continued to hit the campaign trail for Maharashtra Assembly poll with a vengeance despite being dubbed an "absentee" Prime Minister by Congress.

"When you were the defence minister, there were problems with Pakistan and China on the border. Did you ever bother to go to the border then?"

"There have been terror strikes in Maharashtra during your tenure... Mumbai, Malegaon, Pune. You could not even reach the terrorists, leave alone catching them. In the spirit of patriotism, we never politicised the issue," he told an election rally at Baramati, Pawar's pocket borough.

Modi was responding to Pawar's criticism for holding a string of election meetings despite the tension on the border following repeated ceasefire violations by Pakistan that have caused civilian casualties.

The latest developments should be noted!

Chopper scam: Finmeccanica ex-heads cleared of graft charge, get 2 yrs in jail

Indian express reports:An Italian court on Thursday acquitted former Finmeccanica CEO Giuseppe Orsi and former AgustaWestland head Bruno Spagnolini of "charges of international corruption" in the Rs 3,600 crore VVIP chopper deal with India. The court, however, convicted and sentenced them to two years in prison on the lesser charge of "false invoicing" in the case.

"Former Finmeccannica CEO Giuseppe Orsi and ex-AgustaWestland head Bruno Spagnolini were acquitted of charges of international corruption in relation to alleged bribes paid to land a contract to sell 12 helicopters to the Indian government," Italian news agency Ansa reported. It said Orsi "was convicted of false invoicing… and sentenced to two years in prison, along with Spagnolini."

On July 29, the prosecution had "shelved proceedings against Finmeccanica for alleged corruption in the sale to the Indian government of 12 AW-101 helicopters made by its AgustaWestland subsidiary".

Ansa had then reported that "the prosecution found the company had nothing to do with the alleged corruption". Quoting a statement by Finmeccanica, it said, "AgustaWestland has agreed to pay a fine, while reiterating it knew nothing about the alleged bribery."

Reuters - ‎3 hours ago‎
MUMBAI (Reuters) - The BSE Sensex rose 1.5 percent on Thursday, snapping a three-day losing streak, as hopes the U.S. Federal Reserve would not rush into raising interest rates boosted heavyweight banks and blue chips such as Bharat Heavy Electricals ...
NDTV - ‎18 minutes ago‎
Mumbai: Indian pharmaceutical companies need to focus on the Latin American markets namely Brazil and Mexico, British brokerage firm Barclays has said.
Reuters India - ‎5 hours ago‎
... * Rupee ends at 61.04/05 per dlr vs 61.3950/4050 on Wednesday. * Dollar takes a beating broadly after Fed Sept meet minutes. * INR may now move in 60.80 to 61.40 range, say traders.
Business Today - ‎2 hours ago‎
Reliance Industries Ltd (RIL) has approached the Securities Appellate Tribunal (SAT) against a penalty of Rs 13 crore imposed on it by markets regulator Sebi in a case related to disclosure of a key earnings ratio of the company.
Times of India - ‎2 hours ago‎
CHENNAI: CignaTTK Health Insurance has signed a distribution tie-up with Aditya Birla Money Insurance Advisory Services, a wholly owned subsidiary of Aditya Birla Money Mart, part of the Aditya Birla Group.
Hindu Business Line - ‎39 minutes ago‎
Anita Arjundas, MD & CEO, Mahindra Lifespace Developers Ltd and Sriram Mahadevan, Business Head, Happinest at a press conference while launching the second Happinest Project in Boisar suburb in Mumbai on Thursday.
Northern Voices Online - ‎2 hours ago‎
Mumbai, Oct 9 (IANS) India will receive the highest-ever inflow of foreign direct investment (FDI) in the current financial year, attracted by the policy reforms announced by the National Democratic Alliance (NDA) government, a senior official said here.
Business Today - ‎1 hour ago‎
Microlender Bandhan Financial Services plans to launch its full-fledged bank by early 2015 with 600 branches, its technology partner Fidelity Information Services (FIS) said on Thursday.
Economic Times - ‎2 hours ago‎
NEW DELHI: The S&P BSE Sensex galloped by as much as 442 points in trade on Thursday to snap its three-day fall, after the US Federal Reserve in its latest policy meet last night reassured investors that the central bank is in no hurry to raise interest rates.
Firstpost - ‎6 hours ago‎
As I write this piece, news has just come in that after receiving "many complaints" from traders on Flipkart's massive discount sale, the government has said that it will look into the concerns and take a call on whether more clarity is required on e-commerce ...
NDTV - ‎1 hour ago‎
New Delhi: State-owned financial institution IFCI on Thursday said it has sold its 1.64 per cent stake in Welspun Syntex Ltd for about Rs 1.6 crore.
Business Today - ‎1 hour ago‎
In a move to boost tourism, nine airports equipped with e-visa facilities will be operational for 13 countries including USA and South Korea and Prime Minister Narendra Modi is likely to launch it this month.
Times of India - ‎1 hour ago‎
NEW DELHI: Indian companies have mopped-up more than Rs 4,500 crore through issuing 'Rights' shares till August this year to meet working capital requirement.
Reuters - ‎3 hours ago‎
MUMBAI (Reuters) - The Reserve Bank of India (RBI) has finally made progress in taming the country's volatile money markets, displaying two traits it has been rarely associated with in the past: flexibility and a willingness to correct course mid-way.
Hindustan Times - ‎3 hours ago‎
Rising for the fourth straight session, the rupee on Thursday rose by 35 paise to end at over one-week high of 61.05 against the dollar on persistent selling of the US currency from banks and exporters tracking global cues amid a surge in local equities.
Hindu Business Line - ‎52 minutes ago‎
The Government may do away with a single definition of MSMEs and is considering defining these units on the basis of different verticals, a long-standing demand by a section of the industry.
Hindu Business Line - ‎13 minutes ago‎
A passenger cruise service connecting Ennore in north Chennai with tourist destinations such as Mahabalipuram, Puducherry, Kanyakumari and Rameswaram is being conceptualised, according to MA Bhaskarachar, Chairman and Managing Director, ... - ‎25 minutes ago‎
IDFC Alternatives, a wholly owned subsidiary of IDFC, has said that its India Infrastructure Fund (IIF II) has raised around Rs 5,500 crore or $900 million from various global institutional investors.
Hindu Business Line - ‎19 minutes ago‎
Sunil Kanoria, president elect, Assocham flanked by Shaktikanta Das, Revenue Secretary, Ministry of Finance (left) and K. V. Chowdary, Chairman, CBDT, during the 11th International Tax Conference, in New Delhi on Thursday.

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