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Agniveers: Rahul Gandhi says Centre denying martyr status, Rajnath Singh hits back

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The contentious Agnipath scheme was debated in the Lok Sabha on Monday with Defence Minister Rajnath Singh accusing Congress leader Rahul Gandhi of distorting and misrepresenting facts concerning the scheme.

Gandhi said the Agnipath scheme as per the 2024 budget, presented by Finance Minister Nirmala Sitharaman, was an injustice done to the nation’s soldiers, jeopardising their financial security and respect, since it doesn’t have a pension provision. He asserted that this policy was proof that the government was having an anti-youth and anti-farmer stance.

In his reaction to Gandhi’s remarks, Singh claiming Gandhi had disseminated misconceptions about the budget to the public, and assured that Finance Minister Sitharaman would clarify and address the misleading allegations in her speech.

Gandhi had said when recently when an Agniveer had lost his life in a landmine blast, he was not given the status due to a martyr. He charged that even PM Modi called them Agniveers instead of calling the deceased Agniveer a martyr. “His family will not receive any pension or compensation for their loss. This Agnipath scheme regards them as labourers,” Gandhi stated, triggering protests from the treasury benches.

Singh said unlike Gandhi’s claims, the family of the Agniveer who perished in the line of duty was granted substantial compensation. He further added that Gandhi was misrepresenting facts to sway the House’s opinion.

Singh reiterated that Gandhi should not misrepresent facts in the House. He said as per Agniveer rules, a compensation of Rs 1 crore had been disbursed to the family of the deceased Agniveer. 

Gandhi later referenced the case of Agniveer Ajay Kumar, who died in the line of duty. Posting a video of Kumar’s father, he asserted that the family had not received any financial assistance from the central government and demanded facilities and a pension for them.

Ajay Kumar’s family subsequently clarified that they had received some compensation but were demanding martyr status for him.

The Agnipath scheme was conceived to enlist personnel for short-term service in the armed forces and to lower the age profile of candidates. Known as Agniveers, these individuals currently do not qualify for regular benefits such as pensions for their families in the event of their death in service.

The issue has incited broader discussions, with a parliamentary panel earlier recommending that families of Agniveers who die in the line of duty should receive benefits equivalent to those provided to families of regular military personnel.

India News

Bihar Weather Alert: Rainfall, thunderstorms and lightning expected in Jamui, Banka, Bhagalpur and Munger

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The Patna Meteorological Center has issued a weather alert for four districts in Bihar, forecasting rainfall, thunderstorms, and lightning in the coming hours. The alert covers Jamui, Banka, Bhagalpur, and Munger, urging residents to take necessary precautions for their safety.

According to the forecast, moderate to light rainfall is expected in these areas, along with heavy thunderstorms and a high risk of lightning. Residents are advised to stay cautious and indoors as the storm could pose safety risks.

Rainfall forecast for other districts in Bihar

Apart from the four districts under immediate alert, the Patna Meteorological Center has also predicted rainfall and thunderstorms in the following areas:

Motihari, Bettiah, and Gopalganj (March 16-17) – Expected heavy rain with thunderstorm activity.

Neighboring areas may also experience light showers and a slight drop in temperature, especially in the morning and evening hours.

A Yellow Alert has been issued for these districts, indicating moderate weather conditions that could cause minor disruptions.

Why This Weather Event Matters

This weather event highlights the unpredictability of storms and the importance of preparedness. Thunderstorms can cause Infrastructure damage, traffic disruptions due to waterlogging, agricultural setbacks due to heavy rain and safety hazards from lightning and strong winds

Bihar is set to experience hot weather conditions as temperatures continue to rise this week. On Monday, the minimum temperature is expected to be around 20°C, while the maximum may reach 37°C. Throughout the day, the temperature is likely to remain close to 37°C, with winds blowing at 10.91 km/h from 271 degrees and gusts reaching 16.45 km/h.

With the temperature peaking at 41°C on Thursday, residents are advised to stay hydrated, avoid direct sunlight during peak hours, and take necessary precautions against the heat.

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India News

US attacks on Houthis: Iran condemns after 53 killed in US airstrikes, calls for halt to aggression

US airstrikes on Yemen kill 53, with Houthis vowing further attacks on US and allied ships. The conflict escalates as Iran condemns Washington’s actions.

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US airstrikes, Yemen conflict, Houthi rebels, Red Sea attacks, Donald Trump, Iran response, UN calls for restraint, Houthis retaliate, Middle East crisis

The death toll from US airstrikes on Houthi-controlled Yemen has risen to 53, including five children and two women, according to the Houthi rebels’ health ministry. The strikes, which took place on Saturday, targeted multiple Houthi sites, with Washington citing the group’s attacks on commercial shipping in the Red Sea as the primary reason.

US Justifies Strikes as Response to Red Sea Attacks

US President Donald Trump described the operation as a “decisive and powerful” wave of airstrikes aimed at curbing Houthi aggression in the Red Sea.

“Funded by Iran, the Houthi thugs have fired missiles at US aircraft, and targeted our troops and allies,” Trump stated, adding that their “piracy, violence, and terrorism” have cost billions and endangered lives.

Trump warned the Houthis in a social media post:

“HELL WILL RAIN DOWN UPON YOU LIKE NOTHING YOU HAVE EVER SEEN BEFORE.”

Houthis Vow Retaliation Against US and Allies

Houthi leader Abdul Malik al-Houthi vowed continued attacks on US and allied ships in the Red Sea as long as the US keeps targeting their forces.

“We will continue to strike back until Israel lifts its blockade of Gaza,” the group stated, reaffirming its support for Palestinians in the Israel-Hamas war.

The Houthis have targeted commercial vessels since November 2023, sinking two ships, seizing another, and killing four crew members.

US Officials: Key Houthi Leaders Targeted

US National Security Advisor Michael Waltz claimed the Saturday strikes had taken out several Houthi leaders. Meanwhile, US Defense Secretary Pete Hegseth stated that the military campaign would continue until the Houthi attacks ceased. Talking  to Fox Business, he told that this campaign is about freedom of navigation and restoring deterrence.

Additional US airstrikes reportedly hit Al Jaouf and Hudaydah early on Monday, though Washington has yet to confirm these operations.

Iran Condemns US Strikes, Calls for End to Aggression

Iran’s Foreign Minister Abbas Araghchi criticized Washington’s actions, urging the US to:

“End support for Israeli genocide and terrorism. Stop killing Yemeni people.”

The UN Secretary-General Antonio Guterres has also called for “utmost restraint” and a cessation of all military activities in Yemen.

US Denies Houthi Claims of Attacks on Aircraft Carrier

The Houthis have claimed responsibility for two attacks on the US aircraft carrier USS Harry S. Truman, but a US official told Reuters that American warplanes intercepted 11 Houthi drones before they could reach the carrier. The US has not commented on the Houthis’ second claim.a

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Ola Electric shares fall 6% amid insolvency proceedings against subsidiary

Ola Electric shares plunged 6% as Rosmerta Digital filed an insolvency plea against its subsidiary. The company faces legal challenges amid growing financial losses.

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Ola Electric’s share price fell nearly 6% on Monday after Rosmerta Digital Services Ltd announced plans to file an insolvency petition against its wholly-owned subsidiary, Ola Electric Technologies Pvt Ltd. The petition, citing unpaid dues, was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) and submitted to the Bengaluru Bench of the National Company Law Tribunal (NCLT).

Ola Electric’s response

Ola Electric Mobility has contested the claims, stating that it has sought legal counsel and will take all necessary actions to challenge the petition. The company mentioned that it had been renegotiating its agreements with Rosmerta Digital Services Pvt Ltd and Shimnit India Pvt Ltd to reduce costs and enhance efficiency in vehicle registration services.

Stock performance and market impact

Opening Price (BSE): Rs 50 per share

Intraday High: Rs 50.16

Intraday Low: Rs 48.61

Market analysts remain bearish on Ola Electric’s stock. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, noted that the stock has been on a steady decline post-IPO, breaking below its base price of ₹76.

“After peaking at ₹157 post-IPO, the stock has been in a firm downtrend. The break below ₹76 suggests that the next key support level is ₹34. Unless a strong reversal occurs, further selling pressure is likely,” Jain stated.

Ola Electric’s Q3 2024 financial results

Ola Electric Mobility reported a widening consolidated net loss of ₹564 crore for Q3 2024, compared to ₹376 crore in the same quarter last year.

Revenue from operations: ₹1,045 crore (down from ₹1,296 crore year-on-year)

Increased expenses: Due to rising competition and one-time costs for service-related improvements

Despite financial struggles, the company noted that it achieved its highest-ever e-scooter registrations of 3.33 lakh units in Q3, marking a 37.5% increase from last year.

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