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Adani’s downfall will weaken PM Modi, spur democratic revival in India: George Soros

The downfall of the billionaire Gautam Adani-led Adani Group will weaken Prime Minister Narendra Modi and pave the way for “a democratic revival” in India, US billionaire George Soros has said.

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US billionaire George Soros

The downfall of the billionaire Gautam Adani-led Adani Group will weaken Prime Minister Narendra Modi and pave the way for “a democratic revival” in India, US billionaire George Soros has said.

In his speech ahead of the Munich Security Conference, Soros said that even though PM Modi is silent on the subject when questioned by the Opposition, he will, however, eventually have to answer questions from foreign investors and in the Parliament.

The billionaire investor, observed that this will “significantly weaken” PM Modi’s stranglehold on India’s federal government and “open the door to push for much-needed institutional reforms.”

George Soros, who has a net worth of about $.8.5 billion, is the founder of the Open Society Foundations, which gives grants to groups and individuals that promote democracy, transparency and freedom of speech.

Read Also: Delhi man, son shot over parking dispute: Police

Soros added that he expected a “democratic revival” in India, naïve as it may sound.

Calling Soros a “designated economic war criminal”, Union minister Smriti Irani lashed out at the billionaire, dubbing his comments as an “attack on India that would not be tolerated” and called upon Indians to unitedly respond to “foreign powers who try to intervene in India’s democratic processes.”

A damning report by US short-seller Hindenburg Research late last month, sparked a rout in the shares of the Adani Group that wiped out more than $120 billion of the conglomerate’s market value and caused a massive drop in the personal fortunes of its Chairman Gautam Adani, who dropped out from the Forbes Top 10 rich list.

The Adani crisis also put the Prime Minister in the firing zone as Opposition parties have levelled allegations of a nexus between Gautam Adani meteoric rise since Narendra Modi’s election to the nation’s top post in 2014. However, PM Modi hasn’t directly issued a response instead resorting to taking snide jibes at his political opponents without naming anyone.

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India News

Congress urges External Affairs Minister Jaishankar to take up Indira Gandhi assassination float with Canada

When the Foreign Minister was asked at a press conference, Jaishankar said, there was an issue about space which is given to extremists, separatists, and people who advocate violence.

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Congress urges External Affairs Minister Jaishankar to take up Indira Gandhi assassination float with Canada

The Congress on Thursday urged External Affairs Minister S Jaishankar to take up strongly with the Canadian authorities, a float depicting the assassination of former Prime Minister Indira Gandhi in a parade in Brampton, Canada.

When the Foreign Minister was asked at a press conference, Jaishankar said, there was an issue about space that is given to extremists, separatists, and people who advocate violence.

Jaishankar said he failed to understand why someone would do such a thing. He cited it as a clear case of vote bank politics. Condemning the incident, he said this was a clear issue of providing space to separatists, extremists, and to people who advocate violence. He further added it is not good for Canada and its relationship with India.    

The Canadian High Commissioner of India Cameron Mackay said he was shocked by the news of the event that celebrated the assassination of Indira Gandhi in his country. He further added, there is no place for hate or violence or act of glorification of violence in Canada, and he strongly condemned these activities.

Congress leader Milind Deora shared the video on Twitter, which showed a float depicting Gandhi’s assassination in a recent parade held in Brampton, Canada. He wrote, as an Indian, he was shocked seeing the video, the 5-km long parade portraying Gandhi’s killing.

Shashi Tharoor supported Deora and said he was completely right and such activities should be condemned with no politics involved.

Twitter users slamming the incident wrote it to be horrifying and painful. These things happening under the leadership of Justin Trudeau are shameful. A user said this was the force of hatred against which Rahul Gandhi has to fight. Another said, this to be really sad and the BJP government should take it up with the Canadian government.

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India News

Stuck inside 300 feet borewell, 2.5-year-old Madhya Pradesh girl dies after being rescued

On Tuesday, at around 2:45 PM, Srishti while playing in the neighbour’s field, fell inside the borewell which was lying open. The rescue operation which went on for entire two days, finally ended today, the girl was pulled out in a critical condition, who later succumbed to her injuries.

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madhya pradesh girl bore well

On Thursday, after rescue efforts of more than 40 hours, the 2.5-year-old girl who fell inside a 300-feet deep borewell in Madhya Pradesh’s Sehore died after was rescued in an unconscious state.

On Tuesday, at around 2:45 PM, Srishti while playing in the neighbour’s field, fell inside the borewell which was lying open. The rescue operation which went on for entire two days, finally ended today, the girl was pulled out in a critical condition, who later succumbed to her injuries.

A borewell rescue robot team had also arrived at the spot in the morning to save the girl.

The administration on Tuesday, was immediately informed after which officials rushed to the spot to undertake the rescue operation, which is in continuation since then.

The incident took place in Mungaoli Village in Sehore, MP.

As per the Sehore District Collector, Srishti was stuck at a depth of 20-feet but slid down further 50-feet as the efforts for her rescue continued. While reports said, she slid further down and wasstuck at 110-feet.

The Army, NDRF and SDRF teams were in force since Tuesday, for pulling Srishti out.

A team of experts from Rajasthan and Delhi were also called to help out in the operation to save the girl.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan who belongs to the same district, had also taken stock of the situation and had directed for Srishti’s safe evacuation.

Srishti was the daughter of Rahul Kushwaha and Rani Kushwaha. Oxygen was sent down the borewell with the help of a pipe on Tuesday. Cameras were also sent inside to monitor the situation.

Ambulance along with a team of doctors were on stand-by at the spot.

Rani said, about 50 m away from the house, their neighbor Nannu Lal had dug a borewell about three months ago but it was a failed attempt and the hole was left unattended.

In a similar incident, 4 days back a 2-year-old girl in Gujarat’s Jamnagar fell inside a 200 feet-deep borewell, who was pulled out after a massive operation of 19 hours but was declared dead.

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Punjab news

Sarkar Tuhade Dwar promise: Punjab CM Bhagwant Mann says 2nd cabinet meeting to be held in Mansa on June 10

The Sarkar Tuhade Dwar, is a recent imitative of the Punjab government, under which it plans to hold cabinet meetings across various assembly constituencies in the state discussing various issues and developmental works concerned to the region.

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Bhagwant Mann

The Punjab government is set to hold its 2nd cabinet meeting in Mansa on June 10 as a part of its Sarkar Tuhade Dwar programme.

Chief Minister Bhagwant Mann today tweeted, saying in fulfilling the promise the state government is going to hold its second-cabinet meeting in Mansa on June 10 at 12 pm under the Sarkar Tuhade Dwar programme.

Mann has also said, some major issues will be discussed during the meeting.

The Sarkar Tuhade Dwar, is a recent imitative of the Punjab government, under which it plans to hold cabinet meetings across various assembly constituencies in the state discussing various issues and developmental works concerned to the region.

CM Mann introduced the people friendly imitative in Dhiru assembly constituency on May 11 with a motive to take the governance to the doorsteps of the people of the state.

Mann during the launch said this move will lead to a revolution of the entire governance system by providing services that will be entirely citizen centric at their doorsteps.

Mann also had said the initiative is to make the bureaucracy directly accountable to the state citizens.

 Mann had also said, it to be a game-changing step that will ensure implementation of various developmental and welfare schemes without any delay.

 In the Dhuri cabinet meeting, the CM announced various developmental works such as the up-gradation of healthcare facilities in the state with ultra modern infrastructure, urged farmers to prevent from agitations without valid reasons.

Mann also announced proper arrangements for proper electricity supply for the paddy season.

Some other decision related to coal reserves, farmer benefits and others were also announced.

The initiative of the Punjab government is being seen as a path-breaking initiative towards making the government more accountable to the people of Punjab.

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