No regulatory easing for financial sector post covid-19: RBI Governor

In a no-holds-barred attack on RSS chief Mohan Bhagwat for his remark that India got "true independence" after the Ram Temple in Ayodhya was consecrated, Congress leader Rahul Gandhi today said the comment amounted to "treason" and that Mr Bhagwat would be arrested and tried if he was in any other country.

Mr Gandhi was addressing an event to mark the inauguration of the new Congress headquarters in Delhi. "We are getting a new headquarters at a very particular time. I think it's quite symbolic that yesterday, the chief of the RSS said that India never achieved Independence in 1947. He said true Independence in India was achieved when the Ram Mandir was built. He says that the Constitution was not the symbol of our freedom."

"Mohan Bhagwat has the audacity to inform the nation every two or three days what he thinks about the Independence movement, what he thinks about the Constitution. What he has said yesterday is treason because it is stating that the Constitution is invalid, it is stating that everything (done) to fight against the British was invalid and he has the audacity to say this publicly," Mr Gandhi said, adding, "in any other country, he would be arrested and tried".

"To say that India did not get Independence in 1947 is an insult to every single Indian and it's about time we stop listening to this nonsense that these people think they can just keep parroting out and shouting and screaming," the Leader of the Opposition in Lok Sabha said.

Mr Bhagwat was in Indore on Monday to present the National Devi Ahilya award to Champat Rai, general secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust. Addressing a gathering there, he said the day of the consecration of Ram Temple in Ayodhya should be celebrated as "Pratishtha Dwadashi" as it marks the "true independence" of Bharat. 

"India, which faced enemy attacks for centuries, witnessed its true independence that day. We had independence, but it had not been established. India got political independence on August 15, 1947, we also brought a Constitution but the country did not run in its spirit. How can we accept that dreams have been fulfilled and pain alleviated? Our swa (self) is Ram, Krishna and Shiva. Do they belong only to those who worship them? No. Ram connects people from north to south, Krishna from east to west and Shiva is in every particle of Bharat," he said.

Ahead of the Delhi Assembly elections, Aam Aadmi Party (AAP) national convenor and former Delhi Chief Minister Arvind Kejriwal has written to Prime Minister Narendra Modi, urging the Centre to prioritise waiving loans for farmers and the middle class instead of wealthy individuals. He also demanded a nationwide law to prohibit the waiver of loans given to billionaires.

Notably, Delhi Assembly elections are scheduled for February 5 and the result will be announced on February 8. Kejriwal is seeking a third consecutive term, following AAP's landslide victory in 2020 when it won 62 out of 70 seats.

Income tax, GST rates can be cut to half

Addressing a press conference on Tuesday, Kejriwal criticised the central government, alleging favouritism toward the wealthy by writing off corporate loans worth thousands of crores. He claimed such practices burden ordinary citizens with excessive taxes while benefitting the rich. "Common people are paying half their salaries in taxes, while the loans of the rich are being waived. Why doesn't the central government waive home loans, car loans, or other financial burdens of ordinary citizens?" Kejriwal asked.

He emphasised that discontinuing loan waivers for billionaires could enable the government to reduce income tax and GST rates by half, double the taxable income threshold, and remove GST on essential commodities. "This is a massive scandal, and it's time to put an end to it," he said.

Kejriwal writes to PM Modi 

In his letter, Kejriwal stated, "Prime Minister should declare that no rich person's loan will be waived off. If you want to waive off, then waive off farmers' loans, middle class's home loans. This money will benefit the middle class a lot."

Kejriwal further argued that by waiving loans for the wealthy, the government could reduce tax rates. "I have calculated that if loans are not waived off, then tax rates will be halved. A person earning 12 lakhs annually pays his entire salary in tax, this is the sorrow of the middle class," Kejriwal wrote.

The depth of tie between India and Saudi Arabia dates back to the time immemorial. Both nations share a robust and long-standing partnership built on mutual respect, shared interests, and cultural ties. This partnership has been further strengthened by bilateral engagements aimed at fostering cooperation in diverse areas like Hajj pilgrimage management, trade, business, education, human resources, technology, interfaith dialogue etc. 

Given the circumstances, the Indian Union Minister for Parliamentary Affairs & Minority Affairs, Mr. Kiren Rijiju, embarked on a significant official visit to the Kingdom of Saudi Arabia to attend the Hajj and Umrah Conference and sign the bilateral Hajj agreement for 2025. During this visit, the minister achieved various remarkable milestones that cherished a lasting reminiscence in the minds of the authorities, citizens & Indian diaspora. 

Hon. Minister, Kiren Rijiju, arrived in Riyadh King Khalid Intl. Airport on Jan 11, 2025 afternoon and was warmly welcomed by the Indian Ambassador, Dr. Suhel Ajaz Khan and others with a floral boutique as a plaque of respect & dignity. He has been on 4-days official tour in the KSA that ended on Tuesday. The minister’s visit recapped and highlighted the deep-rooted friendship between India and Saudi Arabia. The visit commenced with a focus on enhancing Hajj arrangements and strengthening bilateral relations between the two nations. 

Engagement with the Indian Diaspora 

His overwhelmed zeal to engage with the Indian diaspora became evident as he attended the Indian Diaspora Interaction Program at once. The program was organized in the same evening by the Embassy of India at its auditorium in Riyadh. 

After receiving the grand felicitation from the Indian diaspora, he addressed the audience applauding their contribution to the growth & development of the Kingdom, and also emphasized the strong ties & strategic partnership between India and Saudi Arabia. 

He said-“Saudi Arabia is not merely a habitat to 2.6 million Indian diaspora, but also a key partner in augmenting global stability & prosperity”. 

“As a close ally of Saudi Arabia, it’s proud to say that India stood out as a center point of global power connected with almost every nation; unlike earlier, a sense of pride arose amongst the Indians as a positive paradigm is shown globally towards the Indians”, he added. 

The event featured cultural performances by community children and coincided with the celebrations of Pravasi Bharatiya Diwas and World Hindi Diwas. He praised the students stage performance & talents. He distributed prizes to the best achievers of various talent programs held in the international schools in Riyadh. 

Jeddah Visit & Participation at Hajj Conference & Exhibition 

Main Event: 

Mr. Rijiju participated in the opening ceremony of the fourth edition of Hajj Conference and Exhibition held on 13 Jan, 2025 in Jeddah. Prof. Abdulaziz Al-Wazzan, Deputy Minister for Umrah Affairs, along with other dignitaries received the minister and greeted with a warm reception upon his arrival in Jeddah 

Key Highlight: 

The exhibition focused on logistics, safety and enhancing the overall pilgrimage experience. The initiative was lauded for its comprehensive approach to enriching this sacred journey for millions of pilgrims worldwide. 

It’s a great privilege and honor that the Indian minister took part as one of the key stakeholders in the Conference-held under the patronage of the Custodian of the Two Holy Mosques, King Salman that took place in Jeddah from 13–16 January, 2025. The Ministry of Hajj and Umrah hosted the event emphasizing collaboration to enhance pilgrim services, improve more transparency and introduce innovative solutions. 

The event gathered prominent participants from 87 countries including India, comprising government ministers, diplomats, academics, scholars and others fostering a global dialogue on enhancing Hajj and Umrah services. It reflected the Kingdom’s commitment to modernizing Hajj operations while preserving its spiritual significance. 

Signing the Bilateral Hajj Agreement 2025 

Main Event: 

Mr. Rijiju met with Dr. Tawfiq Bin Fawzan Al-Rabiah, Minister for Hajj and Umrah of Saudi Arabia, to finalize and sign the Hajj Agreement for 2025. The event served as a remarkable platform to sign the bilateral Hajj agreements. Both leaders emphasized their commitments to improving the services and facilities provided to pilgrims, ensuring a smooth and fulfilling Hajj experience. 

Key Highlight: 

India’s Hajj quota for 2025 has been set at 175,025 pilgrims by Saudi Arabia, and the Indian Minister sought an additional allocation of 10,000 slots for this year’s pilgrimage. It’s likely to be a fabulous milestone in the bilateral dialogue held with the Saudi Arabian government. 

Meeting with Muslim World League Secretary-General 

Indian Minister, Kiren Rijiju engaged in meaningful discussions with H.E. Sheikh Dr. Mohammed Al-Issa, Secretary-General of the Muslim World League. The conversation highlighted Dr. Al-Issa’s impactful visit to India, during which he championed the cause of interfaith harmony and global peace. Dr. Al-Issa commended India’s vibrant cultural heritage and its steadfast commitment to fostering diversity and inclusivity. Both leaders reaffirmed their dedication to strengthening ties between nations and promoting understanding and mutual respect among faiths, emphasizing the importance of collaborative efforts to build a more peaceful and unified world. 

Visit to Jeddah Hajj Terminal 

Main Event: 

The visit to the Jeddah Hajj Terminal was conducted to assess the readiness and logistical arrangements for Hajj 2025. This included a review of facilities such as immigration processing, baggage handling systems, and transport coordination for Hajj pilgrims. 

Key Highlight: 

Minister Rijiju examined the logistical arrangements, emphasizing the importance of ensuring comfort and efficiency for the large number of Indian pilgrims expected to arrive in Saudi Arabia. The minister’s inspection also focused on ensuring smooth operations for the nearly 175,025 Indian pilgrims of this year’s Hajj. This visit is a part of broader efforts to streamline operations and address any challenges ahead of the pilgrimage season. 

A Visit to the Holy City of Madinah & meeting with the Governor of the Region 

Key Event: 

Mr. Rijiju traveled to Madinah Al-Munawwarah, one of the holiest places, to inspect the arrangements for Indian pilgrims for Hajj 2025. He also gave visits to Quba Masjid & Qiblatain Masjid in the city. 

Main Highlight: 

The Minister reiterated India’s dedication to ensuring a spiritually fulfilling and seamless pilgrimage experience & maximum comforts for all pilgrims. 

A high-level meeting was held by the minister with HRH. Saud bin Khalid Al Faisal, Deputy Governor of the Al Madinah Region. The discussions revolved around Hajj preparations and enhancing India-Saudi Arabia collaboration to provide a memorable and smooth experience for pilgrims. 

The Indian minister’s meeting with H.H. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services, was another milestone achieved during his visit. Both ministers explored ways to strengthen cooperation in the transport sector, ensuring safe and efficient movement for pilgrims during Hajj. 

Strengthening Parliamentary and Cultural Ties 

Another significant event that’s evident during his trip was his meeting with H.H. Maj. Gen. Abdulrahman Snitan A. Al-Harbi, Member of the Shura Council and Chairman of the Saudi-India Parliamentary Friendship Committee. Bilateral dialogue was held between the two prominent leaders that focused on enhancing bilateral ties through student exchange programs, cultural exchanges, and tourism. Minister Rijiju extended an invitation to Saudi students to study in India and encouraged Saudis to explore India’s cultural diversity. 

Visit to Diriyah – A UNESCO World Heritage Site 

The Union Minister Kiren Rijiju visited Diriyah-a historical place & UNESCO World Heritage Site-in Riyadh. Diriyah holds immense cultural importance as the birthplace of the Saudi state and the original home of the royal Al Saud family. The At-Turaif District within Diriyah, once the center of power for the Al Saud dynasty, showcases traditional Najdi architecture and is a key attraction. Mr. Rijiju expressed his gratitude for the warm hospitality extended by the Saudi hosts and appreciated the opportunity to witness this remarkable testament to the Kingdom’s heritage. 

In conclusion, the Indian Minister for Parliamentary & Minority Affairs, Kiren Rijiju’s visit to Saudi Arabia marked a significant step toward deepening the multifaceted relationship between the two nations. From finalizing the Hajj Agreement to exploring avenues for cultural, educational, and economic collaboration, the visit showcased the shared commitment of India and Saudi Arabia to fostering peace, mutual understanding, and progress. 

This visit will undoubtedly pave the way for stronger bilateral ties and a brighter future for both nations. If i say in the minister’s expression, this will certainly strengthen the people-to-people bond between our two great countries. 

This is a special report by Dr P A Hameed Padubidri, a lawyer, freelance writer, social worker, legal advisor based in Riyadh. He may be reached at [email protected]