BJP leadership asks Karnataka ministers to start talking about development
Bengaluru, Apr 9: Amid the recent communal issues in Karnataka, the BJP central leadership has asked leaders of its state unit and ministers to bring the development agenda to the fore and showcase the achievements of the government, in the wake of assembly polls next year.
Several ministers are holding press conferences at the party office to list out their achievements.
Holding one such press meet on Saturday, senior minister K S Eshwarappa, who is in-charge of Rural Development & Panchayat Raj (RDPR) department, accepted that it is being done as per the directions of the party leadership.
"Yes... (there is a direction from the high command)," he said in response to a question on ministers presenting their progress report to people through the media.
Speaking to reporters here, he said, "When I go to my village or constituency, I have to tell people what was promised and what was delivered. Similarly, we are telling the people about our achievements, and asking them to give us their votes."
Accusing the opposition of trying to create a rift between Hindus and Muslims and only trying to create a propaganda out of it, the minister said, "Even Al-Qaeda got involved now..." in reference to the video in which the terror group chief Ayman Al-Zawahiri praised a Karnataka college student for confronting a group of students opposing hijab in her college.
He said the BJP is now using the media to showcase the government's achievements known to the people of the state.
Asked, amid communal issues, whether the focus has shifted to development after Union Home Minister Amit Shah's visit to the state in the run-up to 2023 assembly polls, Eshwarappa said, "I have openly accepted...we are purposely placing development works before the people as elections are coming."
On the Congress accusing the BJP government of bringing out communal issues, as the ruling party has nothing to speak about development, he said, "Take down, we are listing out (our achievements). We are placing it department wise... we are not 'mouni babas' to keep quiet. When Congress raises communal issues like hijab, we will respond to them."
Shah, who was recently in the city, had set a target of winning 150 seats to Karnataka BJP leaders for the 2023 assembly elections in the state, where the ruling party is eyeing a successive term.
The state has been witnessing a series of communal issues from hijab issue to a call for banning loudspeakers at mosques for the last couple of months.
Amid such developments in the state, the central leadership has asked Karnataka leaders and ministers to also showcase developmental works and achievements, while responding to opposition's allegations on communal issues, a senior BJP functionary said.
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Rupee strengthens past 90/USD level in early trade
Mumbai (PTI): The rupee appreciated 24 paise to 89.96 against the US dollar in early trade on Friday, supported by corporate dollar inflows and easing crude oil prices.
Forex traders said the gain in the USD/INR pair follows the rupee’s string of record lows in recent weeks on likely intervention from the Reserve Bank of India.
Moreover, crude oil prices hovering around USD 59 per barrel level supported market sentiment.
ALSO READ:Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 90.19 against the US dollar, then gained some ground and touched 89.96 against the US dollar, registering a gain of 24 paise over its previous close.
In initial trade it also touched 90.22 against the American currency. On Thursday, the rupee appreciated 18 paise against the US dollar to close at 90.20 against the greenback.
The rupee sank to a fresh record low, breaching the 91-a-dollar mark for the first time on Tuesday.
"Since the speculators are out of the market the buying of US dollar syndrome has come down a bit though intra-day we could see spikes," said Anil Kumar Bhansali Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
The US CPI came lower than expected but was also due to non-collection of sufficient data and therefore, the next month’s CPI becomes more important, Bhansali said, adding that "Rupee remains in a range of 90-90.50".
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 98.46.
Brent crude, the global oil benchmark, was trading lower by 0.27 per cent at USD 59.66 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex climbed 375.98 points to 84,857.79, while the Nifty was up 110.60 points to 25,934.15.
Foreign Institutional Investors purchased equities worth Rs 595.78 crore on Thursday, according to exchange data.
Meanwhile, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.
Speaking at 'Times Network's India Economic Conclave 2025', Sanyal said since the 90s, the rupee has mostly been allowed to find its own level, but the RBI uses its reserves to intervene in either direction to stop excessive volatility.
"I am not concerned about the rupee at all... Let me say that the rupee and its current weakness should not be necessarily conflated with some economic worry, because historically, if you go over time, you will see that economies that are in their high growth phase very often go through a phase of exchange rate weakness," he said.
