English हिन्दी
Connect with us

India News

Watch: Old video of Rakesh Jhunjhunwala talking about Tatas goes viral

The video commences with Rakesh Jhunjhunwala expressing his admiration for the Tata group, underscoring them as his source of inspiration.

Published

on

Watch: Old video of Rakesh Jhunjhunwala talking about Tatas goes viral

A vintage video featuring Rakesh Jhunjhunwala discussing his role model has captured the attention of numerous online users. Shared on Twitter by Aditya Shah on the first anniversary of the accomplished stock market investor’s passing, the video has left a significant impression on viewers since its upload.

The video commences with Rakesh Jhunjhunwala expressing his admiration for the Tata group, underscoring them as his source of inspiration. He highlights the visionary individuals behind the Tata legacy—Sir Ratan Tata and Sir Jamsetji Tata—who bequeathed their wealth to charitable causes. Jhunjhunwala emphasizes the profound societal impact brought forth by Tata institutions, including educational and medical facilities.

He goes on to provide specific instances of Tata’s altruism, such as the Tata Cancer Hospital in Mumbai, which offers free treatment to deserving young patients. Jhunjhunwala lauds Tata’s contributions to the establishment of India’s first steel plant, five-star hotel, power plant, software company, car manufacturing company, and the Indian Institute of Science.

The video, shared just a day prior, has amassed nearly 60,000 views and over 1,000 likes. The comments section is replete with expressions of admiration. One commenter unequivocally labels Tata as great, while another emphatically agrees. A third individual reflects on the humane side of Jhunjhunwala, expressing, He was a good soul too, Jhunjhunwala ji! Om Shanti! A fourth individual echoes this sentiment with a simple Respect.

Rakesh Jhunjhunwala passed away on August 14, 2022, at the age of 62, succumbing to a sudden cardiac arrest. He was admitted to Mumbai’s Candy Breach Hospital early that morning, where he was pronounced deceased

Referred to as the Big Bull of Dalal Street, the experienced trader and investor held a reported net worth of approximately $5.8 billion. In Forbes’ 2021 ranking, he held the 36th position among India’s wealthiest billionaires.

With a background as a chartered accountant, Mr. Jhunjhunwala embarked on his investment journey with a mere Rs 5,000 in 1985, a period when the Sensex, the Bombay Stock Exchange’s main index, stood at 150. Presently, the Sensex has surged to over 59,000. Notably, at the time of his passing, he held the distinction of being India’s foremost individual investor, often being likened to India’s Warren Buffett.

India News

Amit Shah counters delimitation concerns, says southern states to gain Lok Sabha seats

Amit Shah assures Parliament that southern states will gain Lok Sabha seats after delimitation, countering opposition criticism during the women’s reservation debate.

Published

on

Amit Shah

Union Home Minister Amit Shah on Thursday addressed concerns over the proposed delimitation exercise, asserting in the Lok Sabha that southern states will not lose representation but instead see an increase in their number of seats.

His remarks came during a heated debate linked to the implementation of women’s reservation, where opposition parties have raised fears that population-based delimitation could reduce the political weight of southern states.

Shah rejected these claims, calling them misleading, and said the proposed framework ensures fairness while expanding the overall strength of the Lok Sabha.

Seat count to rise with expansion of Lok Sabha

The government has indicated that the total number of Lok Sabha seats could increase significantly as part of the delimitation process. In this expanded House, the combined representation of southern states is expected to rise from 129 seats at present to around 195 seats.

Shah emphasised that no state will lose seats in absolute terms, and the exercise is designed to reflect population changes while maintaining balance across regions.

State-wise projections shared in Parliament

During his address, Shah also provided indicative figures for individual southern states, suggesting notable increases in representation. According to the projections:

  • Tamil Nadu could see its seats rise substantially
  • Kerala, Telangana, and Andhra Pradesh are also expected to gain additional seats
  • Karnataka’s representation may increase as well

These figures were presented to counter the argument that delimitation would disproportionately favour northern states.

Political debate intensifies over linkage with women’s quota

The delimitation exercise has been closely linked to the rollout of women’s reservation, which proposes one-third seats for women in Parliament and state assemblies.

Opposition leaders have questioned this linkage, arguing that tying reservation to delimitation could delay its implementation and raise federal concerns. Some leaders have also warned that the move could impact national unity if apprehensions among states are not addressed.

The government, however, maintains that the reforms are necessary to ensure equitable representation and to align the electoral system with demographic realities.

Centre dismisses ‘false narrative’ on southern states

Shah reiterated that concerns about southern states losing influence are unfounded. He said the delimitation process will increase representation across regions and described the criticism as a “false narrative” aimed at creating confusion.

The issue is expected to remain a key flashpoint as Parliament continues discussions on the women’s reservation framework and related legislative changes.

Continue Reading

India News

PM Modi assures no discrimination in women’s quota, delimitation debate intensifies in Parliament

PM Narendra Modi has assured that women’s reservation will be implemented without discrimination, amid a heated debate over delimitation in Parliament.

Published

on

PM modi

Prime Minister Narendra Modi has assured that there will be no discrimination in the implementation of women’s reservation, as Parliament witnessed a sharp debate over the proposed linkage between the quota and delimitation exercise.

During the ongoing special session, the government reiterated its commitment to ensuring fair representation while addressing concerns raised by opposition parties regarding the timing and structure of the legislation.

The proposed framework aims to reserve 33 percent of seats for women in the Lok Sabha and state assemblies. However, its implementation is tied to a fresh delimitation exercise, which is expected after the next census.

Opposition questions timing and intent

Opposition leaders have raised concerns that linking the women’s quota to delimitation could delay its implementation. They argue that the process of redrawing constituencies may push the actual rollout further into the future.

The issue has triggered a broader political confrontation, with multiple parties questioning whether the move could alter representation across states.

Some critics have also alleged that the delimitation exercise could disproportionately benefit certain regions based on population, a charge the government has rejected.

Government reiterates commitment to fair implementation

Responding to these concerns, the Centre has maintained that the reforms are necessary to ensure accurate and updated representation based on population data.

Leaders from the ruling side have repeatedly emphasized that the process will be carried out transparently and without bias. The assurance that there will be “no discrimination” is aimed at addressing fears among states and opposition parties.

The debate marks a key moment in Parliament, with both sides engaging in intense exchanges over one of the most significant electoral reforms in recent years.

Continue Reading

India News

Give all tickets to Muslim women, Amit Shah says, attacking Akhilesh Yadav on sub-quota demand

A sharp exchange between Amit Shah and Akhilesh Yadav in Parliament over sub-quota for Muslim women highlights key divisions on women’s reservation implementation.

Published

on

A heated exchange broke out in Parliament during discussions on the women’s reservation framework, with Union Home Minister Amit Shah and Samajwadi Party chief Akhilesh Yadav locking horns over the demand for a sub-quota for Muslim women.

The debate unfolded as the government pushed forward key legislative measures to implement 33% reservation for women in the Lok Sabha and state assemblies.

Akhilesh Yadav argued that the proposed reservation must ensure representation for women from marginalised communities, including Other Backward Classes (OBCs) and Muslim women. He said that without such provisions, large sections could remain excluded from political participation.

He also questioned the timing of the bill, alleging that the Centre was avoiding a caste census. According to him, a census would lead to renewed demands for caste-based reservations, which the government is reluctant to address.

Government rejects religion-based quota

Responding to the demand, Amit Shah made it clear that reservation based on religion is not permitted under the Constitution.

He stated that any proposal to provide quota to Muslims on religious grounds would be unconstitutional, firmly rejecting the idea of a separate sub-quota for Muslim women within the broader reservation framework.

The government has maintained that the existing framework already includes provisions for Scheduled Castes (SC) and Scheduled Tribes (ST) women within the overall reservation structure.

Wider political divide over implementation

The issue of sub-categorisation within the women’s quota has emerged as a major flashpoint, even as most opposition parties broadly support the idea of women’s reservation.

Samajwadi Party leaders reiterated that their support for the bill depends on inclusion of OBC and minority women, while the government continues to defend its constitutional position.

The debate is part of a broader discussion during the special Parliament session, where multiple bills linked to delimitation and implementation of the women’s quota are being taken up.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com