Dalit activists thrust with Naxal tag
Government seems to have decided to make a organized effort on silencing the dalit movements in the country, especially after the stupendous response Koregaon and Una marches drew. Politicians are restless over the steam Dalit and minority movements are gathering. Chalo Una march finally gave a totally new MLA to the country in the form of Jignesh Mevani. This is probably sounding like a warning bell to the upper caste and class people. When Dalits took to streets opposing attempts to weaken the the act to protect dalits and minorities, police and upper class goondas tried silencing them forcefully, thus claiming lives of 10 dalits in the clashes that ensued.
Though police firing was ordered to contain the mobs, some of them were allegedly killed by the gunshots fired by upper class local leaders, in this pretext. BJP leaders are also said to have assaulted Dalits and other members. Many Dalit leaders still live under fear owing to this, and they are forced to attend to multiple hearings of court cases that were filed with the sole intention of systematically harassing them. During the celebration of Koregaon Vijay Diwas, Sangh Parivar and Police machinery attacked dalits simultaneously. This occasion has been troubling the upper class/caste society in Maharashtra since long because this is the day when Dalits joined hands with British and defeated the Peshwas who are also Brahmins. The Dalit Mahad soldiers opposed the discriminatory attitude of Brahmin Peshwes and stood with British to end their rule, and secured their self-respect. RSS has always fired its shots while placing the gun on Maratha shoulders.
Brahmin Peshwes are quite alike the RSS form of nationalism. So, to celebrate a day of victory over Peshwes by Dalits is like hitting the RSS where it hurts the most. Though this celebration was on since many years, RSS didn’t have the courage to oppose it. But now since the organization functions like a quasi government, it would rather clinch the opportunity and make its point known. Even the cops have joined hands with them. With this confidence, RSS tried destructing the Jignesh meet. Things spiraled out of control and violence spread like wildfire. Though it has been months since this happened, efforts are on to assault Dalits and push them into silence through institutional routes. Government has withdrawn many cases against Sangh Parivar activists who were involved in Koregaon violence, but the Dalits continue to be arrested under various charges. Ironically, the ones who consolidated Dalits for this Vijay Diwas are being given the tag of ‘Naxals’ and a serious allegation has been levelled against them of having plotted the assassination of Prime Minister Modi.
As the elections draw close, numerous ‘conspiracy theories’ attributed to Indian Mujahideen, Lashkar-e-Taiba get published in the media. The ‘intelligence sources’ float these theories themselves, and push people into a state of emotional distraught owing to delicate nature of the rumours. They try to create the ‘lone protector’ image pertaining to BJP. Media sell colourful stories to ensure this version is bought effectively. Many innocent muslims would be taken into ‘preventive custody’ too to ensure the projection of ‘culprit’ image gets a boost. Whenever Muslims have tried to come together, they have been called extremists or their organisations have been identified as national threats or are called terrorist organisation, thus ruining political consolidation of this community.
Now the same plan is being adapted for Dalits. Recently farmers and laborers held a long march to Mumbai. This gathered much media space. But the farmers and labourers were called ‘naxals’ and there were futile attempts to silence them. But now, with bigger conspiracy of ‘plotting the assassination of Modi’ is being attributed to them, the naxals. With this cops have tried to aim at two aspects. One is to ensure dalits stay off any movements, especially that of Koregaon kind of movements. Second one is to erode sympathy among dalits about their own counterparts. This may also put an end to Koregaon kind of marches and celebrations. Later, if Dalits are blamed for plotting Modi’s assassination, the PM would naturally claim a good share of sympathy votes, making significant contribution to 2019 elections. More than this, activists and others would be arrested without any particular reason, because they are turning into quite a challenge for the current ruling dispensation. All this is a preparation for that. If this continues, hundreds of dalits will have to join many muslims who have been rotting in jail for no reason at all. However Dalits and other communities have to ensure they protest against such immature allegations that are made with mala fide intentions.
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Rupee falls 8 paise to hit all-time low of 84.50 against US dollar
Mumbai, Nov 21: The rupee depreciated 8 paise to settle at an all-time low of 84.50 against the US dollar on Thursday, dragged down by massive sell-off in domestic equity markets and surging crude oil prices amid a volatile geopolitical situation.
According to forex traders, the American currency strengthened due to safe-haven appeal amid escalating tension between Russia and Ukraine, while the continuous outflow of foreign funds also put pressure on the domestic unit.
At the interbank foreign exchange, the rupee opened at 84.41 and touched the lowest-ever level of 84.51 against the greenback during intra-day. The unit ended the session at 84.50 against the dollar, surpassing its previous all-time low closing level of 84.46 recorded on November 14.
On Tuesday, the rupee had settled flat at 84.42 against the US dollar.
The foreign exchange market was closed on Wednesday on account of assembly elections in Maharashtra.
"We expect the rupee to trade around 84.5 against the dollar by end December. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near-term.
"However, interventions by the Reserve Bank of India (RBI), supported by India's healthy foreign exchange reserves, should help keep rupee volatility in check," said Rajani Sinha, Chief Economist, CareEdge Ratings.
FPIs have withdrawn approximately USD 4 billion from Indian markets in November, following a record USD 11 billion in outflows in October. While high US Treasury yields and a strong dollar have contributed to these outflows, other domestic factors have also been at play, such as muted corporate earnings and high valuations.
"Over the medium-term, we expect the rupee to trade around 84 by the end of FY25, supported by India's strong fundamentals, including a manageable current account deficit, inclusion in global bond indices, fiscal consolidation and stronger growth relative to other emerging markets. These factors should help maintain India's attractiveness as an investment destination," Sinha added.
Sinha further said "going forward, it will be crucial to monitor the implementation of Trump's policies and China's response, as these will play a key role in shaping market dynamics."
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.02 per cent at 106.66.
Brent crude, the global oil benchmark, surged by 1.84 per cent to USD 74.15 per barrel in futures trade.
Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said the rupee weakened as pressure mounted due to the dollar scaling higher above 106.65 amidst renewed global uncertainties with geopolitical tensions between Russia and Ukraine adding to global risk aversion.
At the same time, sell-off in domestic equity markets was fuelled after the Adani Group faced bribery and fraud charges in the US. "This has further fuelled FII outflows, continuing the trend of capital flight from Indian markets," Trivedi said.
In the domestic equity market, the 30-share BSE Sensex tumbled 422.59 points, or 0.54 per cent, to close at 77,155.79 points, while Nifty tanked 168.60 points, or 0.72 per cent, to settle at 23,349.90 points.
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Thursday, as they offloaded shares worth Rs 5,320.68 crore, according to exchange data.
