RBI disempowered by Union government: DCC spokesperson Vinayraj
Mangaluru, November 7: Corporator and District Congress Committee spokesperson AC Vinay Raj alleged that apart from dismissing the CBI director illegally, Narendra Modi-led Central government has been trying to weaken the RBI by riding on it.
Speaking to reporters at the party office here on Wednesday, he said that the central government has been trying to control the RBI, the constitutional institution which is the central bank of the country and controls the monetary policy of the Indian currency. The economic policy of the central government was an utter failure due to which, the country was inching towards bankruptcy. It was opposed by the RBI present and former Governors. RBI was not in a position to accept the central government’s stand. So, the Modi government has targeted the RBI, he alleged.
The centre has been demanding Rs 3.6 lakh crore reserved fund in the RBI which shows the Modi government’s financial bankruptcy. The government has been asking the reserve fund under Column 7 to Non-Banking Financial Corporation to fund the loss-making companies. But it was the money of the country and it was the duty of the RBI to protect it. Unfortunately, the centre was not allowing the RBI to do its duty. The centre has appointed party persons like Gurumurthy and Sathish Marathe who are not economists and this has also given a big blow to the RBI’s superiority, he said.
In the UPA period, the country had recorded 8.1 per cent GDP and it was reduced to 5.73 in Modi government due to which, the rupee has been losing its value. Demonetisation, Cashless transaction, GST implementation, Waiver of over Rs 1.5 lakh crore loans of companies and other decisions have derailed the economic system of the country. Modi was responsible for the cheating and escape of businessmen like Nirav Modi, Lalit Modi, Mehul Choksi, Vijay Mallya and others. It was because of Modi, Anil Ambani has got the Rafale deal despite he has Rs 40,000 crore debt. As per the deal, the country would get just 36 fighter jets worth Rs 1,114 crore each instead of 126 worth Rs 526 crore each. This decision has caused Rs 41,000 crore loss to the Exchequer, he alleged.
11 banks have no money
Total 11 banks including Dakshina Kannada-based bank have no money for their transactions. Though the loan aspirants were in queue, they were not in a position to get the loan due to the administration of Modi, he alleged.
DCC vice president Sadashiva Ullal, Appi, general secretaries Khalid Ujire, Neeraj Paul, Secretaries Premanath Ballalbag, Vishwas Kumar Das, Office secretary Nazeer Bajal were present.
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.
Congress cites Maniben Patel's diary entries, asks Rajnath to apologise for Babri claim
New Delhi (PTI): The Congress on Saturday shared diary entries of Vallabhbhai Patel's daughter from a book to rebut Defence Minister Rajnath Singh's claim that India's first prime minister, Jawaharlal Nehru, wanted to build the Babri masjid using public funds, and demanded that Singh apologise for spreading "falsehoods".
Congress general secretary in charge of communications, Jairam Ramesh, claimed the defence minister was spreading falsehoods to “improve his relationship” with Prime Minister Narendra Modi.
“Here is Maniben's original diary entry in Gujarati on pages 212-213 in the book ‘Samarpit Padchhayo Sardarno’ by CA R S Patel 'Aaresh', published by Sardar Patel Vallabhbhai Patel Memorial Society, 2025,” Ramesh said on X, sharing screenshots of the relevant pages from the book.
“There is a huge difference between what is contained in the original diary entry and what Rajnath Singh ji and his fellow ‘distorians’ are propagating,” Ramesh said.
“The Defence Minister must apologise for the falsehoods he is spreading, simply to improve his relationship with the PM,” he claimed.
The Congress had earlier termed Singh's claim that Nehru wanted to build the Babri masjid using public funds a “lie” and “WhatsApp university story”, and said the defence minister should not walk in Prime Minister Narendra Modi's path.
Addressing a gathering at Sadhli village in Gujarat's Vadodara district last Tuesday, Singh said Nehru wanted to build the Babri masjid using public funds, but Sardar Vallabhbhai Patel didn't allow his plans to succeed.
The BJP had cited a book by Vallabhbhai Patel's daughter to double down on Singh's claims, and said the first prime minister also said he felt "repelled" by some of the temples in south India despite their beauty.
“The source of what Rajnath Singh said is the 'Inside Story of Sardar Patel, Diary of Maniben Patel'," BJP Rajya Sabha MP and national spokesperson Sudhanshu Trivedi had said at a press conference at the party headquarters while responding to media queries on the issue.
Trivedi claimed that on Page 24 of the book, it is written that Nehru also raised the question of the Babri mosque, but Sardar Patel made it clear that the government could not spend any money on building a mosque.
