Wrong to blame OPEC for soaring fuel prices: Yashwant Sinha
New Delhi, Sep 11 : Former Union Minister and BJP leader Yashwant Sinha on Tuesday flayed the Modi government for blaming international factors for fuel prices reaching an all-time high.
"They are now blaming international reasons for the rise in prices, but for the last four years they have been reaping its benefits. When because of international reasons, there was benefit in fiscal deficit, current account deficit, in inflation, when for international reasons the balance of payments was increasing, they took all the credit. But now when there is a rise in international crude prices, they are putting the entire blame on the OPEC, which is completely wrong," said Sinha.
"This is the first time in over four years that this government is facing a minor problem on the economic front. But they are unable to handle the crisis and coming out with all sorts of justifications," added Sinha.
The former finance minister's observation came in reaction to Union Law Minister Ravi Shankar Prasad on Monday blaming the Opec for the surge in international prices of crude.
Referring to the RBI revealing that 99.3 percent of the total demonetised notes having returned to the banks, Sinha attacked the government over demonetisation.
"Demonetisation has proved to be a complete failure and helped only the friends of the government to make their black money white," said Sinha who along with his former ministerial colleague Arun Shourie addressed a media conference in Delhi on the Rafale fighter jet "scam".
Shourie said the RBI's report has proved that demonetisation was the "largest money laundering scheme in the world".
"After demonetisation was announced, I had said it to be the world's largest money laundering scheme, and now it has been proved," he said.
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EC demands extra security as unrest grips Bangladesh afresh
Dhaka (PTI): The Election Commission (EC) has demanded extra security for its chief, other commissioners and officials as fresh unrest visibly gripped Bangladesh after gunmen shot an upcoming parliamentary polls candidate and frontline leader of last year's violent street movement dubbed 'July Uprising'.
"The EC has written to the Inspector General of Police (IGP) urging comprehensive security arrangements for the Chief Election Commissioner (CEC), Election Commissioners (ECs), senior officials of the Election Commission Secretariat," the state-run BSS news agency reported on late Saturday.
The EC simultaneously sought the extra security for its field-level offices ahead of the 13th national election, as two of them came under attack in southeastern Lakshmipur and southwestern Pirojpur by unidentified miscreants after the announcement of the schedule for the upcoming polls on Thursday.
The commission demanded an additional escort vehicle for the CEC, while one such police escort with a vehicle was currently in place for him. It asked for round-the-clock police escorts for the four commissioners and the senior secretary.
The letter said the enhanced security measures were "urgent and necessary," while EC officials said their 10 regional offices, 64 district election offices and 522 sub-district level offices would store important documents and election materials.
The EC on Thursday said the upcoming parliamentary election would be held on February 12 next year, while a day later, Sharif Osman Hadi was shot from a close range in the head, critically wounding him, as he initiated his election campaign from a constituency in the capital.
Critically ill former prime minister Khaleda Zia's Bangladesh Nationalist Party (BNP) simultaneously asked Muhammad Yunus' government to provide security for all candidates in the upcoming election after the attack on Hadi, who leads a radical right-wing cultural group called Inquiab Mancha.
"We demand that the real culprit be identified immediately and brought under the law, and we call upon this government to ensure the security of all candidates without delay," BNP Secretary General Mirza Fakhrul Islam Alamgir said.
Hadi was also a frontline leader of last year's student-led violent uprising that toppled then-prime minister Sheikh Hasina’s Awami League government on August 5, 2024.
His Inquilab Mancha was also at the forefront of a campaign to disband the Awami League, which the interim government complied with in May this year, disqualifying the party from contesting the polls.
The government on Saturday ordered a nationwide security clampdown called 'Operation Devil Hunt 2' amid escalated fears over the law and order situation and promised to issue firearms licenses for election candidates for their own security.
Home adviser (retd) Lieutenant General Jahangir Alam Chowdhury said the government had taken steps to ensure special security for the "frontline fighters" of the July Uprising and promised to issue firearms licenses for the election candidates.
He emphasised that the second phase of the 'Devil Hunt' was aimed at helping ensure public safety and combat the growing threat of illegal arms.
The operation was initially launched in February this year following protests over an attack on the private house of a former minister of the ousted government in the northern suburb of the capital, when it targeted alleged "henchmen" and supporters of the now disbanded Awami League.
