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Textile stocks advance after FM announces setting up mega textiles parks


Shares of nine textile firms gained in trade after the central government announced plans to set up mega textile parks in India.
K.P.R. Mill (up 3.29%), Swan Energy (up 2.49%), Page Industries (up 2.48%), Welspun India (up 2.12%), Bombay Dyeing & Manufacturing Company (up 1.96%), Garware Technical Fibres (up 1.92%), Alok Industries (up 0.94%), Raymond (up 0.28%), Trident (up 0.28%) advanced.
Presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman unveiled a scheme for setting up mega textile parks in the country, as part of the Centre s efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector.
A scheme of mega investment textile parks will be launched in addition to the PLI scheme, the FM said. ....

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Lack of Transparency in PM-CARES Fund 'Disturbing': Ex Civil Servants to Narendra Modi


Lack of Transparency in PM-CARES Fund Disturbing : Ex Civil Servants to Narendra Modi
It is necessary that, for reasons of probity and adherence to standards of public accountability, the financial details of receipts and expenditures be made available in order to avoid doubts of wrongdoing.
People watch the live telecast of Prime Minister Narendra Modi launching the COVID -19 vaccination drive in Varanasi, January 16, 2021. Photo: PTI
Government19/Jan/2021
New Delhi: A group of 100 former civil servants have written to Prime Minister Narendra Modi, criticising the lack of transparency associated with the PM-CARES Fund. The Central government refusing to divulge information about the Fund under the Right to Information Act, by claiming it is not a public authority, was the immediate trigger for the letter. ....

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Land dispute claims four lives in Cross River


Land dispute claims four lives in Cross River
On
By Emma Una, Calabar
Four persons reportedly lost their lives on Wednesday in an inter-communal conflict between the neighbouring communities of Abankang and Alok in central Cross River State.
The feuding communities are both located along the Ikom -Ogoja highway in Ikom Local Government Area, central district of the state. Reports from the area indicate that the two communities have been engaged in a protracted argument over the ownership of a parcel of land between their boundary and on Wednesday strife broke out.
A resident of the area, Mrs Janet Ndome told Vanguard on the phone that crisis broke out when youths from the two communities engaged each other in a fight which degenerated to the use of machetes and guns leading to the loss of lives. ....

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'Withdraw 'Love Jihad' Ordinance': 100 Former Civil Servants Write to UP CM Adityanath


Withdraw Love Jihad Ordinance : 100 Former Civil Servants Write to UP CM Adityanath
UP state, once known as the cradle of the Ganga-Jamuna civilisation, has become the epicentre of the politics of hate.
Uttar Pradesh chief minister Adityanath. Photo: Twitter/@myogiadityanath
Communalism29/Dec/2020
New Delhi: More than 100 former civil servants have written an open letter to Uttar Pradesh chief minister Adityanath, urging him to withdraw the ‘illegal‘ and ‘atrocious’ ordinance his government has brought to supposedly curb ‘love jihad’ cases.
‘Love jihad’ is a term recently given credence in Indian law, and refers to an imaginary concept coined by the Sangh Parivar to refer to a non-existent conspiracy by Muslims to trap Hindu women into conversions through forced marriage. ....

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