Mumbai, Oct 18 (IANS) In a veiled warning to the BJP, Shiv Sena President Uddhav Thackeray on Thursday said that "the winds of 2014 elections have changed now" and the people of India have not forgotten all the 'jumlas' of the Modi government.
"The people of the country seek replies to all the big promises you made in 2014, but the BJP gave us only jumlas like 'Achhe Din' or depositing Rs 15 lakh in every Indian's bank account," Thackeray roared in his speech. Addressing the party's customary Dassehra Rally, Thackeray said Prime Minster Narendra Modi, his cabinet ministers, BJP Chief Ministers and all others were camping in the five states where elections shall be held next month. "This itself is a big defeat for you. Instead of concentrating on developmental works and fulfilling the promises of 2014, the government is washing its hands off (the promises)," he said. Thackeray recalled how when he questioned Union Minister Ravi Shanker Prasad on the 'monstrous' hikes in petrol-diesel-cooking gas rates, the Minister shrugged his shoulders and said "It's not in our hands." "What do you mean? You have Lord Vishnu's 11th 'avatar' with you but you cannot stop inflation and galloping fuel prices and zooming US dollar rates? If you can't do this, then why are you sticking to power? It appears the NDA's DNA is defective," Thackeray said. He reiterated how "the petrol pumps and gas cylinders now appear to be Ravana" to the people burdened by steep prices, but the government had not taken any measures to control them despite a nationwide outcry. Referring to Union Minister Nitin Gadkari's statement that since the BJP never expected to win the 2014 elections, it made all kinds of promises but now they were stuck. "You should have thought carefully before speaking. But having made the promises, you should have sacrificed your lives to keep your word. That is Maharashtra's culture. But they are shameless and have simply lied, lied and lied to the country. Remember, the country is sitting on the tip of a volcano which can erupt anytime with disastrous consequences," Thackeray declared. Attempting to score a point on the Ram Temple issue, Thackeray said he will visit the Ayodhya site on November 25 and question Modi on what happened to the promise of constructing a grand Ram temple though more than four years have passed. He pointed out how in Ramadan there was a ceasefire with Pakistan but on Ganeshotsav and Navratri loudspeakers were banned. Training guns on Chief Minister Devendra Fadnavis, Thackeray said though monsoon had barely ended, the dragon of drought had raised its ugly head in Maharashtra. "Karnataka has already declared a drought and started relief measures. But in Maharashtra, the CM is still studying the issue. We ask Fadnavis to immediately declare a drought here." He said when the Shiv Sena speaks about the problems faced by the masses, "we are labelled 'anti-government' and 'anti-national'".
New Delhi, Oct 18 (IANS) The Enforcement Directorate (ED) on Thursday served a show-cause notice on news broadcaster NDTV for allegedly flouting foreign exchange regulations in availing of overseas and foreign direct investment facilities of over Rs 4,300 crore.
In a statement, the financial probe agency said: "The investigation showed FEMA (Foreign Exchange Management Act) contraventions relating to receipt of foreign direct investment by NDTV to the extent of Rs 1,637 crore and the other relating to overseas investments to the tune of RS 2,732 crore."
The show-cause notice, issued under the FEMA, was issued to the founders and executive co-chairpersons of the group -- Prannoy Roy and Radhika Roy, journalist Vikram Chandra and a few others.
THe ED also issued notice to Harpreet Singh Duggal of NGEN Media Services Pvt. Ltd, Anshuman Misra of Turner General Entertainment Networks India Pvt Ltd, Sameer Chandran Nair, who was earlier Director in NDTV Imagine Pictures Ltd and Alliance Lumiere Ltd, Grant Scott Ferguson of South Asia Creative Assets Ltd.
The financial probe agency said: "The investigation revealed that NDTV received FDI of Rs 725 crore and that only CCEA (Cabinet Commiittee on Economic Affairs) was competent to permit FDI in excess of Rs 600 crore."
"In the case of NDTV no CCEA approval was taken," it said, adding that the FDI was projected as below Rs 600 crore as part of "larger conspiracy".
"While applying for FIPB Foreign Investment Promotion Board) approval, NDTV projected FDI as varying between $130-160 million. Documents of FIPB section also projected FDI differently as Rs 585 crore ($130 million at Rs 45 per dollar).
"However, FDI finally received by NDTV was $163 million," it said.
The ED also said that there were offences to the tune of Rs 1,378 crore in respect of delays in reporting and filing information with RBI (Reserve Bank of India) such as Foreign Inward Remittance Certificate, FCGPR, FCTRS etc. and delays in allotment of shares.
"Delays were also recorded in reporting and filing information with RBI such as ODA form, annual performance report etc. to the tune of Rs 2,286 crore," it said.
It said that further, NDTV Imagine Ltd., then a subsidiary of NDTV Ltd. (now known as Turner General Entertainment Networks India Pvt. Ltd.), has also been charged with delays in filing and reporting information with RBI to the extent of Rs 853 crore.
NDTV Ltd's another subsidiary -- NGEN Media Services Pvt. Ltd., which has now been merged with Genpact India Ltd -- has also been charged with delays in reporting and filing information with RBI to the extent of Rs 30.48 crore.