Political debacle that a diary revealed
Yeddyurappa who was in news few months ago for ‘audio’ tapes case is now hogging headlines owing to ‘diary’ case. BJP is facing elections under his leadership in Karnataka. But the man himself has become somewhat a big challenge for the party itself. Right after the elections were announced, this diary turning out to be news has forced people to wonder the role of BSY and Gadkari opponents in this case.
Yeddyurappa has dismissed this as a ‘bag of lies’. This does not end his responsibility on the matter. He had said the same about the audio tapes too and eventually accepted his role in it. A lot of times the news about ‘payment’ reaching Delhi through mining mafia Reddy's had been revealed in the media. Sushma Swaraj had scheduled her annual visit to Bellary, and rumours had it that this visit was precisely to carry those ‘gifts’. Pictures of Swaraj placing her hand on the Reddys heads like a blessing were widely circulated too. With all this, whether it’s documented in a diary or not, the fact that Yeddyurappa may have paid Rs 1800 crore to some bigwigs is not a big deal.
Another funny instance is that of an IT officer denying the originality of the diary. Till now, we heard the It officers conducted raids on behalf of the central government. But now they are also holding press conferences to protect their politicians. The leaders in question should comment on the fact whether the diary is fake or original. All the avenues are open for that. There is modern technology to check the handwriting and compare it with the original to prove who has written this. IT officers need not do this job.
Now despite this whole issue was put out in Caravan magazine, no one has spoken of filing a defamation case to prove their innocence. They are defending themselves by criticizing congress. Filing cases of defamation are not new to BJP. But the mysterious reason that has stopped the party from moving courts is rather revealing of some harsh truths.
This accusation is closed only depending on the denial. Media says BSY paid Rs 1800 cr to Delhi leaders when he was the CM, mainly to Jaitley, Gadkari and others. BSY has already been jailed once on corruption charges. If he has paid his Delhi bosses, make no mistake, that this was only through corruption money. No investigation is needed for this. So does this not amount to the fact that even central leaders participated in his corruption?
If a bribe giver is corrupt, the recipient is also equally corrupt. Hence this issue needs a deeper investigation. All those who remember all the conspiracies and scandals during the time he was CM, the attempts to unseat him and BSY’s strategy of using money and caste to come out of it, wouldn’t be surprised at this amount. BSY has mentioned names and consciously written the details with someone as the target. He must have written it when the conspiracy to unseat him was going on. His plan must have been to do the expose’ of those who would unseat him. At the same time, someone else’s hand in this documentation is no accident either. There is an anticipation that Modi faction is behind this issue. Gadkari, Jaitley and others are upset with Modi and Gadkari has even spoken about this openly.
An attempt is on to push Gadkari has the next CM. This diary expose’ is aimed at bringing down the stature of Gadkari and embarrass the senior leaders in the party. If BSY suffers a set back with this in the LS elections, he would be merged with the pages of history of the party. This dairy is only exposing the depths we have plumbed politically and morally.
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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.
