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PM Modi took two loans from AIIB where China is largest stakeholder: Congress

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NEW DELHI: National Spokesperson of Congress

Pawan

Khera on Wednesday attacked

Prime Minister Narendra Modi

led

Central government

saying PM took two loans this year from Asian Infrastructure Investment Bank (AIIB) where China is the largest stakeholder.

Addressing media here, Khera said, “India-China standoff in Ladakh is an example of the Modi government’s incoherence in relaying real information to the nation. PM lied about boycotting

Chinese businesses

and took two loans from Asian Infrastructure Investment Bank where China is the largest stakeholder.”

“Yesterday, the government admitted in Parliament that they took the first instalment of $500 million from China-based (AIIB) Bank on May 8 and another $750 million on 19 June. On May 8, many of you were reporting on Chinese incursion in

Indian territory

. Until June 19, 20 of our brave soldiers were martyred. June 19 is the same day when PM Modi lied to the country by saying that no one had entered our territory,” added Khera.

He said on the one side the government wants to end all financial ties with China and on the other side they themselves are taking loans from a bank whose biggest shareholder is China. “The government’s doublespeak stands exposed as on the one hand they say they want to end all financial ties with China and tell traders association to boycott Chinese goods while they themselves are taking loans from a bank whose biggest shareholder is China,” Khera said.

He asked the Centre why Prime Minister

Narendra Modi

is doing business as usual with China when

External Affairs

Minister

S Jaishankar

said that “we can’t trade with China the way it has been”. “Jaishankar ji says that trade with China can no longer be the way it always was. We want to know from them that even today are they adamant on this matter? And if it is, then why is Modi ji is doing this business with China in the same way? What is the pressure on Modi ji?” Khera asked. The two countries have been engaged in a standoff since April-May and China has refused to vacate locations in the Finger area and other friction points in the Eastern Ladakh area.

Multiple rounds of talks have also failed to yield any significant result in defusing the tensions and now the Indian side has prepared itself for long-term deployment in the high mountainous region.

The Times of India is an Indian English-language daily newspaper owned by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. according to Audit Bureau of Circulations.

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INDIA

SAD walks out of NDA alliance

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CHANDIGARH: Bharatiya Janata Party’s (BJP) oldest ally Shiromani Akali Dal (SAD) walked out of the National Democratic Alliance (NDA) coalition in protest against the three farm bills and for continues ‘insensitivity’ towards Punjabi language and issues pertaining to Sikh community.

Terming the bills anti-farmers and anti-Punjab, the core committee of the party decided unanimously to pull out of the BJP -led NDA alliance. The party held the centre’s “stubborn” refusal to give statutory legislative guarantees to protect assured marketing of farmers crops on MSP and its continued insensitivity to Punjabi and Sikh issues like excluding Punjabi language as official language in Jammu and Kashmir the reasons for the decision.

Harsimrat Kaur Badal, the lone representative of the party in the Union Cabinet, had resigned on September 17.

The meeting was presided over by the SAD president Sukhbir Singh Badal who said that SAD will continue to stand by its core principles of peace, communal harmony and guard the interest of Punjab, Punjabi in general and Sikhs and farmers in particular. He said that the decision has been taken in consultation with the people of Punjab especially party workers and farmers. Badal said that the bills on agricultural marketing brought by the BJP government are lethal and disastrous for the already beleaguered farmers.

He said the SAD was the oldest ally of the BJP, but the government did not listen to repeated pleas of honouring the sentiments of farmers. The SAD leader said that the party opposed these bills in the parliament and voted against them.

He said that even after quitting the union government, the SAD had hoped that the centre would not press on with these ” murderous assaults” on farmers and other poor sections who depend on agriculture and trade. “It seems that the BJP is totally out of touch with ground realities,” said Badal,

He said that despite our best efforts, the BJP government did not honour the sentiments of farmers. He said that the farmers are the backbone of the national economy and it is in the national interest that the government should stand by them. Adding, he said that with successive decisions, the present government has shown its callous insensitivity to minority sentiments and has been indifferent to the peace and communal harmony in the country, especially in Punjab.

Senior Akali leader Dr Daljit Cheema said that the decision has been taken after much deliberation. He further said that these bills were passed in an undemocratic manner and are being opposed in Punjab, Haryana and other states. “We had even requested President of India Ram Nath Kovind not to approve the bills passed by the parliament,” said Dr Daljit Cheema.

While slamming BJP for not paying heed to repeated pleas of SAD not to force anti-farmers bills, Prof Prem Singh Chandumajra said that there is no point in continuing in alliance.

SAD had first forged an alliance with Bharatiya Jana Sangh, BJP’s predecessor, during state assembly elections in 1969. It later entered into coalition with BJP in 1997 during the state election. SAD joined BJP-led alliance at the centre in 1998.

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INDIA

Congress no-confidence motion against Yediyurappa govt defeated

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BENGALURU: The no-confidence motion moved by the opposition Congress against the BJP government in Karnataka led by chief minister B S Yediyurappa was defeated by voice vote on Saturday night.

After a fierce debate for about six hours, the no-confidence motion moved by leader of the opposition Siddaramaiah was defeated by a voice vote.

“The motion is in favour of numbers. The motion is defeated by the voice vote,” speaker Kageri said as he winded up the current session of the Karnataka assembly.

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INDIA

SAD walks out of NDA alliance

Published

on

sad-walks-out-of-nda-alliance

CHANDIGARH: Bharatiya Janata Party’s (BJP) oldest ally Shiromani Akali Dal (SAD) walked out of the National Democratic Alliance (NDA) coalition in protest against the three farm bills and for insensitivity towards Punjabi language and Sikh issues.

Terming the bills anti-farmers and anti-Punjab, the core committee of the party decided unanimously to pull out of the BJP -led NDA alliance. The party held the center’s “stubborn” refusal to give statutory legislative guarantees to protect assured marketing of farmers crops on MSP and its continued insensitivity to Punjabi and Sikh issues like excluding Punjabi language as official language in Jammu and Kashmir the reasons for the decision.

The meeting was presided over by the SAD president Sukhbir Singh Badal who said that SAD will continue to stand by its core principles of peace, communal harmony and guard the interest of Punjab, Punjabi in general and Sikhs and farmers in particular. He said that the decision has been taken in consultation with the people of Punjab especially party workers and farmers. Badal said that the bills on agricultural marketing brought by the BJP government are lethal and disastrous for the already beleaguered farmers.

He said the SAD was the oldest ally of the BJP, but the government did not listen to repeated pleas of honouring the sentiments of farmers.

The SAD leader said that the party opposed these bills in the parliament and voted against them and Harsimrat Kaur Badal, lone representative of the party in the union Cabinet, resigned.

While slamming BJP for not paying heed to repeated pleas of SAD not to force anti-farmers bills, Prof Prem Singh Chandumajra said that there is no point in continuing in alliance.

SAD had first forged an alliance with Bharatiya Jana Sangh, BJP’s predecessor, during state assembly elections in 1969. It later entered into coalition with BJP in 1997 during the state election. SAD joined BJP-led alliance at centre in 1998.

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