Request PM, Shah with folded hands to clear Jharkhand's Rs 1.36 lakh-cr coal dues: Hemant
Ranchi (PTI): Ahead of the scheduled visits of Prime Minister Narendra Modi and Home Minister Amit Shah to poll-bound Jharkhand, Chief Minister Hemant Soren on Saturday requested the Centre with folded hands to clear Rs 1.36 lakh-crore coal dues to the state.
Modi is scheduled to address two rallies in Jharkhand on November 4 while Shah will address three public meetings on November 3.
"The PM and the home minister are coming to Jharkhand. I once again request them with folded hands to clear the outstanding (coal dues) of Rs 1.36 lakh crore to Jharkhandis. This amount is crucial for Jharkhand," Soren posted on X.
He also appealed to BJP MPs to facilitate clearance of the amount.
"I would also appeal to my BJP colleagues, especially the MPs, to help Jharkhandis in getting our dues," Soren posted on the microblogging site, sharing a copy of a letter to the prime minister.
Soren emphasised that the dues with central PSUs, like Coal India, are "rightful" to the state and claimed that "non-clearance is causing irreparable harm to Jharkhand’s development".
"I, Hemant Soren, the chief minister of Jharkhand, am drawing your attention towards a serious issue which is creating obstacles in the path of state's development. Our dues from coal companies stand at Rs 1.36 lakh crore," Soren wrote in the letter to the PM.
"In spite of provisions in the law and judicial pronouncements, coal companies are not making any payment... These questions have been raised at various forums, including your kind office, Finance Ministry and NITI Aayog. But till now this compensation (Rs 1.36 lakh crore) has not yet been paid," he said.
A recent ruling by a nine-judge Supreme Court bench affirmed the state's right to collect its mining and royalty dues.
Soren pointed out that the development of Jharkhand and essential socio-economic projects are getting hampered owing to the non-clearance of dues.
"Jharkhand is an under-developed state and there are lots of social economic development projects which are getting hampered due to non-payment of our justifiable demands," Soren wrote.
Last month, he suggested a direct debit from Coal India's account to the state, similar to the arrangements made for Jharkhand State Electricity Board dues to the DVC.
"This delay in payment of the just demand raised by the state has constrained me to write to you that this negligence is causing irreparable damage to Jharkhand and its people. Various social sector schemes in education, health, women & child development, clean drinking water and last mile connectivity are unable to be translated on the ground because of lack of funds," Soren said.
Earlier, he accused the central government of indifference to the state's plight, highlighting the disparity in treatment regarding dues.
The Jharkhand assembly polls will be held in two phases – November 13 and 20.
The counting of votes will take place on November 23.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Trump says EU has until July 4 to approve last year's trade deal or it will face higher tariffs
Washington (AP): President Donald Trump has said in a social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4.
The announcement on Thursday appeared to be a deadline extension after the president said last Friday that EU autos would face a higher 25 per cent tariff starting this week. Trump made the updated announcement after what he described as a "great call" with European Commission President Ursula von der Leyen.
Still, the US president was displeased that the European Parliament had yet to finalize the trade arrangement reached last year, which was further complicated in February by the US Supreme Court ruling that Trump lacked the legal authority to declare an economic emergency to impose the initial tariffs used to pressure the EU into talks.
"A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!" Trump posted. "I agreed to give her until our Country's 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels."
It was unclear from the post whether Trump was implying that the tariff rates would jump on all EU goods or the increase would only apply to autos.
His latest statement indicates he might be backing away from his earlier threat on EU autos by giving the European Parliament several more weeks to approve the agreement.
Under the original terms of the framework, the US would charge a 15 per cent tax on most goods imported from the EU.
But since the Supreme Court ruling, the administration has levied a 10 per cent tariff while investigating trade imbalances and national security issues, aiming to put in new tariffs to make up for lost revenues.
