Prime Minister Narendra Modi’s teleprompter gaffe at the World Economic Forum where Modi seemingly struggled to deliver his speech after the teleprompter stopped working is being trolled on social media. These trolls contend that the Prime Minister cannot make a speech without looking at the teleprompter, which according to them is a weakness, and are using this incident to attack Modi. When the repeated blunders that Modi has made so far are before us, how right is it to project the teleprompter gaffe as a major problem and thereby the country’s failure? Adopting the Sangh Parivar’s strategy of repeating a lie till it becomes the truth would be akin to looking away from the real issues. Public discourse should be about presenting the real issues that the country is facing, not mocking at the Prime Minister’s colour, language, or his eloquence or lack of it.

First, the veracity of the fact that Modi stopped his speech midway due to the glitch in the teleprompter needs to be examined. Initially, when the Prime Minister was struggling for words people, assumed that the teleprompter stopped working and several websites were quick to share the videos. But the reality was something different. Modi had apparently stopped speaking not because of the teleprompter but because the event organizers had asked him to stop as the audience was unable to hear him that caused him to stutter a bit. But the initial misconception spread like wildfire in social media. True, if an incident like this had occurred when Dr Manmohan Singh was the Prime Minister, Sangh Parivar’s karyakarthas and trolls would have celebrated it. Even if we were to assume that Modi stammered due to the teleprompter’s malfunctioning, then the criticism should be directed against the quality of the teleprompter and the irresponsibility of the organizers, not against the Prime Minister.

Moreover, the question is whether it is absolutely necessary that a Prime Minister must be eloquent. These days, it appears that the more eloquent a leader is, the more dangerous it is to the country. Prime Minister Modi is an example. Good speakers mesmerize people through their words. The country has rarely found good, eloquent speakers who are also seasoned politicians. Of these, Jawaharlal Nehru stands out. With his words and programmes, Nehru contributed immensely not only to the country but also to the Third World. At the same time, although Manmohan Singh was not a great orator, the entire world respected his words as he is one of the tallest economists in the world. Prime Minister Modi has so far entertained people through his speeches but Modi’s bhakths are coming to know where the country has reached today. That Modi cannot deliver a speech without a teleprompter is not the issue at all. What needs to be discussed is whether, regardless of the presence of the teleprompter, his speeches have a vision. In the entire teleprompter fiasco, the lies that Modi delivered at the World Economic Forum about the state of the country were not discussed at all.

More than the appropriateness of a Prime Minister using a teleprompter, the compulsory use of a teleprompter by someone occupying a top position such as the Prime Minister’s office must be emphasised. Speaking from such a responsible position, it is important to ensure that words are used carefully as otherwise, words that are misunderstood or misconstrued could lead to dangerous situations. It is therefore important that the Prime Minister is well aware of what he is talking about, and he uses the help of different media to read his speeches. This is a good time to note that Modi’s blind followers are responsible for pushing him to this situation. They projected Modi’s speeches as the greatest gifts for the country instead of focusing on his administration. The behaviour of his followers is also responsible for the discussions around the teleprompter. It is high time Modi bhakths who are always focusing on the ‘positive energies’ in his speeches realize that the Prime Minister’s job is not only to deliver speeches but also to take the country on the path of development and start critiquing Modi’s administration.

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Mumbai, Jul 26 (PTI): Enforcement Directorate searches against the companies of Reliance Group chairman Anil Ambani in Mumbai continued for the third day on Saturday with the agency recovering a number of documents and computer peripherals from multiple locations, official sources said.

The raids were launched on July 24 by the federal probe agency as part of an alleged Rs 3,000 crore worth bank loan fraud-linked money laundering case apart from multiple other allegations of financial irregularities with crores of rupees by certain companies.

The searches, being conducted under the Prevention of Money Laundering Act (PMLA), are continuing at some locations out of the more than 35 premises that were covered in Mumbai since Thursday, the sources said.

These premises belong to 50 companies and 25 people including a number of executives of the Anil Ambani Group companies.

ED sources had said the investigation primarily pertains to allegations of illegal loan diversion of around Rs 3,000 crore, given by the Yes Bank to the group companies of Ambani between 2017-2019.

Reliance Power and Reliance Infrastructure, two companies of the group, had on Thursday informed the stock exchanges saying while they acknowledge the action, the raids had "absolutely no impact" on their business operations, financial performance, shareholders, employees, or any other stakeholders.

"The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL) which are over 10 years old," the companies had said.

The ED, the sources had said, has found that just before the loan was granted, Yes Bank promoters "received" money in their concerns.

The agency is investigating this nexus of "bribe" and the loan.

The sources said the ED is also probing allegations of "gross violations" in Yes Bank loan approvals to these companies including charges like back-dated credit approval memorandums, investments proposed without any due diligence/credit analysis in violation of banks credit policy.

The loans are alleged to have been "diverted" to many group companies and "shell" (bogus) companies by the entities involved.

The agency is also looking at some instances of loans given to entities with weak financials, lack of proper documentation of loans and due diligence, borrowers having common addresses and common directors in their companies etc., the sources said.

The money laundering case stems from at least two CBI FIRs and reports shared by the National Housing Bank, SEBI, National Financial Reporting Authority (NFRA) and Bank of Baroda with the ED, they said.

These reports indicate, the sources said, that there was a "well-planned and thought after scheme" to divert or siphon off public money by cheating banks, shareholders, investors and other public institutions.

The Union government had informed the Parliament recently that the State Bank of India has classified RCOM along with Ambani as 'fraud' and was also in the process of lodging a complaint with the CBI.

A bank loan "fraud" of more than Rs 1,050 crore between RCOM and Canara Bank is also under the scanner of the ED apart from some "undisclosed" foreign bank accounts and assets, the sources said.

Reliance Mutual fund is also stated to have invested Rs 2,850 crore in AT-1 bonds and a "quid pro quo" is suspected here by the agency.

Additional Tier 1 (AT-1) are perpetual bonds issued by banks to increase their capital base and they are riskier than traditional bonds having higher interest rates. An alleged loan fund diversion of about Rs 10,000 crore involving Reliance Infrastructure too is under the scanner of the agency.

A Sebi report on RHFL is also part of the ED probe.

The companies also said in their filings before the stock exchanges that Anil Ambani was not on the Board of either Reliance Power or Reliance Infrastructure and that they had no "business or financial linkage" to RCOM or RHFL.

Any action taken against RCOM or RHFL, the companies said, has no bearing or impact on the governance, management, or operations of either Reliance Power or Reliance Infrastructure.