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.
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J-K MP Mehdi criticises CM Omar Abdullah for failing to 'condemn' Khamenei's assassination
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Srinagar (PTI): National Conference MP Aga Ruhullah Mehdi on Monday criticised Jammu and Kashmir Chief Minister Omar Abdullah for failing to "condemn" the assassination of Iranian Supreme leader Ayatollah Ali Khamenei.
Mehdi said if Abdullah cannot find the courage to condemn the assassination of Khamenei, his words of concern for the situation in the Gulf country have no value for the people who followed and respected the Supreme leader of Iran.
"While going through Tweets and statements, I found that he is "concerned" and falls short of condemnation, let alone a word of tribute," Mehdi said in a post on X without naming the chief minister.
The Lok Sabha member from Srinagar constituency, who is in an estranged relationship with the ruling National Conference, said if Abdullah does not have the courage to condemn the act of aggression against a sovereign nation, he should keep his concern to himself.
"If you cannot find the courage to condemn an act of aggression against a sovereign nation and assassination of a highly respected religious figure who is widely followed by your electorate and fellow citizens, because the people in power in the centre you are trying to cosy up to will get upset- Keep your "concern" with yourself," Mehdi added.
The chief minister on Sunday said he was deeply concerned about the unfolding developments in Iran, including the killing of Iran's Supreme Leader, Ayatollah Ali Khamenei.
"I appeal to all communities to remain calm, uphold peace, and avoid any actions that could lead to tension or unrest," he posted on X.
National Conference issued a statement attributed to party president Farooq Abdullah in which he condemned the killing of Khamenei in joint strikes by the US and Israel.
"(Farooq) Abdullah has strongly denounced the act, describing it as a tragic and destabilising development with serious implications for peace and stability in the region," the National Conference said in the statement.
While going through Tweets and statements I found that he is “concerned” and falls short of condemnation let alone a word of tribute.
— Aga Syed Ruhullah Mehdi (@RuhullahMehdi) March 1, 2026
If you cannot find courage to condemn an act of aggression against a sovereign nation and assassination of a highly respected religious figure…
