Congress to be backbone of opposition, Rahul Gandhi at forefront: Omar Abdullah

Agencies
July 29, 2018

Kolkata, Jul 29: National Conference (NC) leader Omar Abdullah said the Congress has to be the "backbone" of the opposition unity with its chief Rahul Gandhiat the forefront of the campaign for the 2019 Lok Sabha polls to oust the BJP from power at the Centre.

This, however, does not minimise the responsibility of regional leaders who are strong in their own states, Abdullah told news agency here in an interview.

"The Congress has to be the backbone as the lion's share of seats of the opposition in one particular party will have to be from it as there are a number of states where there will be direct contest between the Congress and the BJP," he said.

"At the end of the day to form a government at the Centre you need 272 seats, which the regional outfits are not going to get. You will be looking towards the Congress to come close to the 100-seat mark, if not cross it to form a non-BJP government," he said.

Abdullah met West Bengal Chief Minister Mamata Banerjee here on Friday and held talks on the probable opposition front.

Efforts to cobble up an opposition front is gaining momentum, but a section of leaders of regional parties are not keen on letting the Congress lead it and are propagating a non-BJP and non-Congress front.

On the issue of Rahul Gandhi being the face of the opposition, Abdullah said he being the president of the single largest opposition party was expected to be at the forefront of the election campaign.

"Obviously, one will expect Rahul Gandhi to be at the forefront of leading the election campaign in 2019 but at the same time Sonia Gandhi is the leader of the UPA. Therefore to the best possible extent one will hope Sonia Gandhi will also be part of the campaign," he said.

Refuting aspersions on Rahul Gandhi's leadership capabilities, Abdullah cited the example of Congress' role in forming the government in Karnataka and said he had shown a lot of maturity on how the party was orienting itself.

"He is president of the Congress party. If anybody has any doubt about his leadership quality then it has to be from his party. His party has absolutely no problem with him, then why should anybody else have objections?" Abdullah said.

"Rahul Gandhi has shown a lot of maturity on how the Congress is orienting. He is a leader in his own right and he has every right to be there," the NC leader said.

He, however, maintained that the issue of the "face of opposition" is being brought up to divide the opposition unity. "Individual regional parties are strong in their own states."

Mamata Banerjee will lead the fight against the BJP in West Bengal, while in Bihar, the anti-BJP face will be that of Lalu Prasad (RJD) supported by the Congress. In UP, the faces will be Aklhilesh Yadav (SP) and Mayawati (BSP) and in Tamil Nadu, it will be Karunanidhi (DMK) and his son M K Stalin, he said.

"The Congress by virtue of its pan-India presence will have greater responsibility, but that's not to minimise the responsibility of other (regional) leaders. They would play a vital role. It's very important that we fight tactfully and tactically and this is the way forward," he said.

Abdullah, who was in the city to take part in 'Think Federal Conclave', said NC was very much a part of the grouping of regional parties opposed to the BJP.

"I would like them (grouping) to have clear a agenda regarding all the issues that matter to the country ranging from creation of jobs, demonetisation, the way economy has been handled. And obviously they have to look at both facets of Jammu and Kashmir. One is Pakistan as our (India) relations with it impact the situation in J&K and secondly, internally all the problems that have happened in the state after 2014 should be addressed by it," he said.

Speaking on the present situation in Kashmir, Abdullah said the dismissal of the Mehbooba Mufti government by the Centre showed how the state was "mishandled" since 2015.

"The present situation in the valley is not at all conducive for holding elections," he said.

Listing steps that needed to be taken to restore peace in Kashmir, he said the alleged efforts of horse trading of PDP MLAs should immediately stop.

"The J&K Assembly needs to be dissolved rather than simply suspended. Then the governor needs to work towards reducing the levels of violence so that some semblance of peace is restored.

Speaking on the prevailing situation in the country, he said attempts were being made to vitiate the atmosphere of communal harmony.

The way the entire community, particularly the Muslim community, was sought to be vilified is a matter of "grave concern," he said, adding that when these were stray voices from the people who didn't matter it was understandable to an extent.

"But now you have elected representatives from the ruling party (BJP) who are espousing very strong anti-Muslim sentiments and trying to spread that in the country, which is a matter of grave concern," Abdullah said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 15,2024

Udupi: The Tourism Department is planning a major eco-friendly development initiative for Kamini Island, located near the Blue Flag-certified Padubidri End Point beach, aiming to attract more visitors while maintaining environmental sustainability.

Assistant Director Kumar CU emphasized that, given the island’s proximity to the Blue Flag beach, all development efforts will center around eco-friendly practices. “We are looking to enhance the Kamini River and the island’s surroundings by adding a hanging bridge, nature trails, and eco-friendly food courts offering traditional cuisine. Visitors will also be able to reach the island by pedal boats or kayaking,” he said.

The development project is estimated to cost between Rs 3 crore and Rs 4 crore. Meanwhile, the Blue Flag beach, Padubidri, continues to see a steady flow of visitors. Vijay Shetty, manager of the beach, shared that tenders for food courts and water sports have been awarded to private parties. Recently, three new coracles have been introduced, which are proving to be a hit with visitors. Additionally, three more shelters are expected to be ready by November 20.

Shetty mentioned that the beach can now accommodate between 2,500 and 3,000 visitors daily, although footfall remains lower than other district beaches due to user fees and activity restrictions. “Initially, most visitors were from Mangaluru, but now nearly 40% come from other districts, showing a shift in the visitor demographics,” Shetty noted.

To further boost tourism and promote a healthy lifestyle, a Beach Carnival is set to take place on November 23-24, featuring the National Sea Swimming Championship and a sea marathon in collaboration with the Padubidri JCI, which is celebrating its golden jubilee. Cultural events will be held at the main beach, with some sports events taking place at the Blue Flag beach. Emphasis will be placed on making all activities environmentally friendly.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.