Compromising the federal system
One fails to understand what PM Narendra Modi perceives himself as, and whether he has actually forgotten the fact that he is a Prime Minister to the federation of states called India or he is just pretending like that. There seems to be some illusion about the post he has occupied that he is the permanent king of this land called India. And that makes him assume all the state heads are his subordinate rulers while he is the undisputed emperor. Hence his way of treating other state heads is not conducive to democracy.
What we have here in India is a federal system. There are precise policies, conventions, protocols and practices to explain how the state heads must act. But the PM is simply violating most of them without even the slightest concern of how this would cause the federal system to be blown into smithereens. He had visited Karnataka in the recent days to participate in many events in Hubballi and IIT Dharwad. He laid foundation stones for some new projects. But the CM of the state Kumaraswamy was not invited to any of these events. Yet, as a protocol, minister Deshpande was present at these. State government has given 300 acres of land to Dharwad IIT apart from providing basic infrastructure. Yet, the CM of the state has been left out. What does this mean?
This was not some party event that happened in Dharwad. It’s an official one which should and must have the state CM being invited or being part of it. This protocol was not heeded to. Some time ago, when the PM dedicated the Kalaburagi-Bidar train route to the people of the region, he should have invited local MP Mallikarjun Kharge. But Kharge was kept out in order to humiliate him. This was widely criticized and the same thing has repeated in Dharwad too. The central government is acting with total callousness in non-BJP ruled states. PM’s behavior is affecting the federal system that we have. His conduct in West Bengal. Andhra, Delhi and Kerala is simply deplorable. He had sent the CBI team to arrest most senior police officer and that team was arrested by Bengal cops and was kept under detention.
None of this is a crowning glory to the federal system that we have. Andhra CM Chandrababu Naidu is coming across as a personal enemy of PM Modi who is refusing to honour special status to Andhra that was assured to them during the state division in prior to 2014. Modi criticizes the Andhra CM in his own home state in a language that is unbecoming of a PM. BJP goons are launching attacks on Kejriwal. And the central government is safeguarding those attackers.
PM has been criticizing even the implementation of Supreme Court order to allow women to enter Sabarimala temple in Kerala because the state is governed by a left government. PM is calling for unrest in Kerala. This is not a right precedence to set with states that do not have BJP government. Such vengeful behavior is getting him black flag welcome in Assam. “Go Back Modi” has become a regular in many states wherever his visit is slated now.
Some time ago, Atal Bihari Vajpayee of the same party was the PM. Whatever may be his ideological differences with anyone, he maintained dignified relations with states. For instance if he had to appoint a governor to West Bengal, he would not take unilateral decision without consulting his ideological contrast, Communist to the core Jyoti Basu. W. Bengal was ruled by the communists for the longest time. Modi’s behavior is in total contrast to this. If this continues, this may cause irreparable harm to the federal system. Unless he mends it, it would not be good for the federal structure or to his own political journey.
India is a country with different languages, faiths and cultures. This is our diversity. We have a binding towards the constitution. Unity in diversity is our core commitment. If we try to make a uniform culture, faith and language, this country will be destroyed. Modi has got his education from the RSS Shakha. Now he is occupying the chair of the PM. He should not degrade the constitution and democracy of the nation. He needs to take the CMs of the state along, with respect. This alone can beget respect for him too.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
