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Priyanka Kakkar of the AAP Casts Doubt on Prime Minister Modi’s Make In India Plan

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Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman’s assertions about economic change were cast into doubt on Tuesday by Aam Aadmi Party Spokesperson Priyanka Kakkar. In an interview with the media, the representative blamed the Narendra Modi administration for the decline of the country’s industrial industry.

She asserted that the two objectives of the Modi government’s 2014 Make In India program were to increase manufacturing’s contribution to GDP to 25% by 2022 and to create 10 crore manufacturing employment by the same year. “The manufacturing sector contributed 17 per cent to the GDP in 2014, however, it declined to 13.6 per cent in 2019, before the COVID pandemic,” she noted. According to her, this percentage dropped even lower to 13.32% in 2022.

The lawmaker made the assertion, “In our country, manufacturing is in a lot of trouble as it is continuously declining,” basing her arguments on World Bank statistics. According to Kakkar, the prime minister had made the statement “Frying pakodas (fritters) is also employment, which is not included in these figures” in response to a question regarding the manufacturing figures for 2018.

“Forget about creating 10 crore manufacturing jobs; the nation is experiencing the highest rates of unemployment in the last 50 years,” Kakkar remarked.

According to the AAP spokesman, the Modi government also introduced the “Performance Linked Incentive Scheme” in 2020, which promised incentives to domestic manufacturing. “This is not true; per WTO regulations, PLI in India can only be granted for assembly, not manufacturing…”Their PLI plan was a colossal failure, she added.

According to Kakkar, the minister of finance, Nirmala Sitharaman, said in 2022 that the government had supplied firms with PLI. According to the AAP representative, this is not true because PLI can only be used for assembly and not production according to WTO regulations.

Foreign direct investment (FDI) was 2.4% from 2004–2014, but is now 1.7%, according to Kakkar, contradicting Sitharaman’s assertion that it has been steadily rising in the country.

Even if Sitharaman was right about the corporation tax cut, Kakkar pointed out that it only affects 0.001% of the country’s businessmen. They should stop lying and start talking about a solution, she added, adding that it was the message from AAP.

The country’s manufacturing sector relies heavily on micro, small, and medium-sized enterprises (MSMEs). However, the MSMEs have been consistently disregarded by the BJP government. Due to the widespread pollution they caused, many companies are wary of hiring Muslims or Dalits. In the past decade, sixteen million Indians have renounced their citizenship and fled the nation. The country has seen the departure of 23,000 wealthy individuals who have shut down their firms. “The country is in grave danger because MSMEs are dying,” Kakkar asserted.

Further, she noted that the tax regime for the MSMEs has been made so complicated that they are either shutting their businesses or downscaling them.

 

Who is Akbaruddin Owaisi who creates controversy every another day

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Akbaruddin Owaisi: A Controversial Figure in Indian Politics

Akbaruddin Owaisi is a prominent Indian politician, known for his fiery speeches, strong opinions, and leadership of the All India Majlis-e-Ittehadul Muslimeen (AIMIM) party. He has served as the Member of the Legislative Assembly (MLA) for Chandrayangutta constituency in Hyderabad, Telangana, since 1999 and is currently the party’s floor leader in the Telangana Legislative Assembly.

Rise to prominence:

Born in 1970, Owaisi comes from a family of politicians. His father, Sultan Salahuddin Owaisi, was the founder of the AIMIM party, and his elder brother, Asaduddin Owaisi, is the party president. Akbaruddin entered politics in the late 1990s and quickly gained recognition for his charismatic personality and oratorical skills.

Political views:

Owaisi is a vocal critic of the Bharatiya Janata Party (BJP) and its Hindu nationalist ideology. He champions the rights of Muslims and other minorities in India, often raising issues of discrimination and marginalization. He has also been critical of the Indian government’s policies on Kashmir and the Citizenship Amendment Act (CAA).

Controversies:

Owaisi’s outspoken nature has often landed him in controversy. He has been accused of making inflammatory speeches, promoting communalism, and inciting violence. Some of his past remarks have been deemed offensive by Hindu groups, leading to protests and legal cases.

Supporters and critics:

Owaisi has a strong base of support among Muslims in India, who see him as a powerful advocate for their rights. He is also popular among secular and progressive sections of Indian society who appreciate his outspoken criticism of the BJP government. However, his critics accuse him of being divisive and polarizing, arguing that his rhetoric harms interfaith harmony in India.

Future prospects:

Owaisi remains a significant figure in Indian politics, with the potential to play a major role in the future. His party, the AIMIM, has expanded its footprint beyond Hyderabad in recent years, winning seats in other states like Maharashtra and Bihar. Owaisi’s political future will likely depend on his ability to broaden his appeal beyond his core Muslim base and forge alliances with other secular and progressive forces in India.

Additional points to consider:

  • Owaisi is a lawyer by profession and holds a bachelor’s degree in law from Osmania University.
  • He is a prolific speaker and writer, and has published several books and articles on various social and political issues.
  • Owaisi is married and has two children.

Truck Drivers Protest Explained Truckers Opposing New Law For Hit-And-Run Cases Bharatiya Nyay Sanhita Modi Govt

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There are long lines at gas stations in several states as truck drivers stage a statewide protest against the Bharatiya Nyaya Sanhita (BNS). Fears that the continuing truckers’ strike may interrupt the fuel supply chain, rather than fuel price spikes, are driving this demand surge. Essential supplies could also run out if the demonstrations continue, which is a major concern.

The new BNS’s punishment for hit-and-run accidents has sparked protests in several states, including Chhattisgarh, Bihar, Punjab, Maharashtra, Madhya Pradesh, and Himachal Pradesh.

According to PTI, truckers in Maharashtra held ‘rasta roko’ demonstrations at various venues on Monday, mostly in opposition to the harsh fines and penalties that motorists face under the hit-and-run clause of the newly passed penal code. Tanker drivers in the Nashik area stopped what they were doing and parked more than a thousand cars near the village of Panewadi, which is a gasoline depot hub.

The Reasons Behind Truckers’ Protests

Protests have persisted because people are unhappy with the BNS, which replaced the Indian Penal Code that was in effect during colonial rule. Drivers responsible for major accidents who do not report them face severe penalties under the law, which include fines and prison terms of up to ten years.

Many people who work with commercial cars, like truckers, taxi drivers, and others, are worried that they won’t be able to pay such astronomical fines if they are ever involved in an accident.

Protesters in Navi Mumbai attacked a police officer at the NRI police station in Nerul, turning the agitation into a violent incident. To regain control, the police resorted to force, which resulted in the detention of forty truck drivers. According to PTI, 400 individuals in Kalamboli staged a ‘rasta roko’ on the Mumbai-Bengaluru highway, calling for the new provision to be dropped.

Remarks on Hit-and-Run Accidents from the Bharatiya Nyaya Sanhita

Fatalities caused by careless driving or hit-and-run incidents are punishable under the BNS. Two provisions are added to the law under Section 104 after it has been approved by Parliament and obtained the President’s assent. The first carries a fine and a possible prison sentence of seven years for reckless or negligently causing death. The second may result in a fine and a maximum sentence of 10 years if the offender flees the site of the crime or fails to report it. The old law, Section 304A of the Indian Penal Code, which allowed for fines or prison terms of up to two years for comparable acts, has been superseded by the new statute.

“(1) Whoever causes the death of any person by doing any rash or negligent act not amounting to culpable homicide, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine,” according to the first section.

“(2) Whoever causes the death of any person by doing any rash or negligent act not amounting to culpable homicide and escapes from the scene of incident or fails to report the incident to a Police officer or Magistrate soon after the incident, shall be punished with imprisonment of either description of a term which may extend to ten years, and shall also be liable to fine,” according to the second section.

The Opposition’s Views on BNS’s Hit-and-Run Provision

While discussing the protests and their impact on drivers’ life, Gyansingh Yadav, a cab driver from Bhopal, broke down in tears. People who work as taxi drivers, like me, could still be at home late at night. However, truck drivers frequently go fifteen days or longer without seeing their families. We are not opposed to the government or any laws, but I do think there needs to be some revision, particularly with the penalties for drivers. Drivers who disobey the new law face a maximum of 10 years in prison. “In my opinion, it ought to be shortened to one or two years,” Yadav stated to the news agency ANI on Monday.

A bus driver in Raipur, Chhattisgarh, lamented the unfairness of the law and demanded punishment for car owners rather than the economically disadvantaged. Poor folks, we are. The people who own our cars ought to face consequences. According to ANI, the bus driver stated, “This law is unjust on us and we will continue to go on strike unless our demands are met.

Government Official Says Truckers Will Not Face Strict Punishment for Reporting Accidents

According to a senior government official, anyone who reports an unintentional collision to the police or brings the victim to the nearest hospital swiftly will not face prosecution under the strict sections of the BNS, according to PTI’s citation of Tuesday’s announcement.

In response to the truckers’ valid worries, the official brushed them off as baseless and emphasized that the hit-and-run provision would only apply to drivers trying to avoid accountability by not reporting the incident to the authorities.According to PTI’s reporting of the official’s statement, the severe penalty will also be imposed in cases of drunk driving accidents.

According to sources quoted by PTI, the Supreme Court’s observations led to the amended rule that increases the punishment for hit-and-run instances to 10 years.

Truckers’ Protest and Its Effects on Gasoline Supply

Thousands of tanker drivers have joined the protest, which has caused a fuel shortage in multiple locations. Fuel stations could run dry if the protests continue, said Bhushan Bhosale, president of the Nashik District Petrol Dealers Association (PTI).

Officials in several districts of Madhya Pradesh have assured PTI that petrol is not in limited supply. These districts include Bhopal, Indore, Gwalior, and Jabalpur. Ajay Singh, president of the Madhya Pradesh Petroleum Dealers Association, promised that the state’s fuel supplies would return to normal by Tuesday night. He emphasized that sufficient steps are being made to ensure a steady supply of fuel, according to PTI.

The Hit-and-Run Provision in BNS Must Be Removed, According to Congress

In response to the demonstrations, Congress lawmaker Rahul Gandhi took to X and said, “The insistence on making laws without discussion with the affected class and without dialogue with the opposition is a constant assault on the soul of democracy.” This was another way in which Gandhi criticized the Modi government. Instead of dealing with the foundation of the Indian economy, the dictator in Parliament passed a bill punishing drivers that might have disastrous effects after suspending more than 150 MPs. The livelihoods of this hardworking class, who have minimal income, can be devastated by the imposition of high legal fines.

On top of that, the’recovery mechanism’ can be used to promote organized corruption if this law is abused. He continued by saying, “The government, which uses the whip to drive democracy, appears to have forgotten the difference between ‘the emperor’s decree’ and ‘justice.'”

The Maharashtra Congress, which is headed by Nana Patole, had already called for the hit-and-run clause to be removed because they believed it was unfair and too punitive for drivers. According to PTI, Patole stated that the government had passed an oppressive law, and the party promised to back the truck drivers.

The All India Transport Congress is scheduled to convene on Tuesday, with Union Home Secretary Ajay Bhalla serving as chair. The meeting will focus on the protests against the ‘hit-and-run’ clause in the new criminal legislation.

 

Most wanted terrorist, Kandhar hijacker Masood Azhar, has been kiIIIed in a bomb expIosion by UNKNOWN MEN at 5 am

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Breaking news – According to unofficial reports, Masood Azhar, a highly sought-after terrorist and hijacker of Kandhar, has been deceased due to a bomb detonation carried out by unidentified individuals at 5 am.

He was returning from the Bhawalpur mosque. Unidentified individuals are working, even on New Year’s Day.

He held the position of the leader of the terrorist organization known as Jaish-E-Mohammad. Further information is pending.

Bernstein sees Bitcoin ending 2024 at $80k before rising to $150k in 2025

According to Bernstein experts, (BTC) is expected to reach a new high in 2024 and then rise to as much as $150,000 in 2025.

“A new crypto era is about to begin, characterized by extraordinary institutional mainstream adoption that will shift capital from traditional markets to cryptocurrency markets. In a client letter, experts stated, “This moment is unprecedented.”

A favorable macro environment also exists, with rates peaking, inflation decreasing, and the possibility of monetary stimulus in a year of significant global elections. Here, we have an unhealthy obsession with Bitcoin and its mining stocks and lack the courage to exercise caution.

Analysts strongly anticipate that this week or next, the top asset managers in the world will launch a Bitcoin ETF. They advise investors to concentrate “on multiple bullish Bitcoin catalysts (halving, transaction fees inflection, ETF marketing) through the year,” even though the adage “buy the rumor, sell the news” may come true.

“Purchase the dip, not the news.” The analysts continued, “‘Sell the news’ is like selling for a 15-20% correction, but miss out on the multi-bagger returns ahead.”

Much higher-than-expected demand from corporate treasuries could be one of the factors driving up Bitcoin prices in 2024 and 2025.

“Based on our marginal cost based projection, we expect Bitcoin to reach all-time highs in the second half of 2024—post halving—and could conclude the year at roughly $80,000K. We continue to view $150K as the cycle high for 2025.

“In 2024, institutional interest in cryptocurrency equities will become widespread as bears are squeezed by short interest and equity investors feel underexposed to the space.”

Analysts predict that ETH will be the only asset that isn’t Bitcoin to receive a spot ETF in other places.

“[This] will position ETH as the primary blockchain tech asset, combined with its growing fees, scaling roadmap, and sustainable token model,” they continued.

AAP and Congress Engage in a Bitter Word War While the I.N.D.I.A. Battles Over Seat-Sharing

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The simplest narrative a mother in Delhi or Punjab may tell her child is ‘Ek thi Congress… (Once there was a Congress)’, as Punjab Chief Minister Bhagwant Mann put it on Monday, mocking the Congress. at response to Mann on Tuesday, Congressman Sandeep Dikshit stated that mothers will soon claim that there was a party that was held at Tihar Jail. He enquired as to which party has 40% of its leaders behind bars and the remaining members are getting ready to leave? The verbal spat occurs during discussions on seat sharing in the I.N.D.I.a coalition for the 2024 Lok Sabha elections.

Dikshit took aim at the current state of affairs between the Aam Aadmi Party (AAP) and the Enforcement Directorate (ED). The Delhi Excise Policy fraud has been the subject of ED scrutiny towards the AAP for the past year. Numerous financial violations allegedly occurred throughout the said policy’s execution. The ED is thoroughly investigating the matter. In connection with the case, former Deputy Chief Minister Manish Sisodia and former Minister Satyendra Jain have both been imprisoned.

In this regard, Delhi Chief Minister Arvind Kejriwal was also called by the ED. Nevertheless, the Aam Aadmi Party’s national convenor has been ignoring the most recent summons. He will now likely show up before the ED on Wednesday to be questioned on the same issue.

 

Following a collision with a Coast Guard aircraft, a Japan Airlines aircraft catches fire

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All 379 passengers and crew successfully evacuated a Japan Airlines aircraft engulfed in flames at Tokyo’s Haneda Airport on Tuesday, reportedly after a suspected collision with a Coast Guard plane, NHK news reported citing JAL officials.

Live visuals broadcasted by Japan’s NHK television displayed flames emerging from the windows of the aircraft.

A representative from Japan Airlines confirmed that the plane, which departed from Shin-Chitose Airport in Hokkaido, had over 400 passengers on board. NHK report stated that emergency protocols were swiftly executed, ensuring the safe evacuation of all passengers and crew members.

According to a Japan Airlines spokesperson, the plane took off from Hokkaido’s Shin-Chitose airport and was carrying more than 300 passengers.

The news agency AFP report, which also cited NHK, said that all 367 passengers were evacuated from the burning plane.

According to reports, the runway was also set ablaze. The plane was said to be a Japan Airlines plane. According to a BBC report, the incident occurred as the plane was landing on the runway at Haneda Airport.

The plane, JAL 516, was also said to have taken off from Hokkaido.

NHK also showed fire crews battling the blaze. It wasn’t immediately clear what had happened or if anyone had been injured.

It is to be noted that Haneda is considered one of the busiest airports in Japan.

Top Solana Trader Picks a Date for SOL To Reach $300 and It’s Not Quite Far Away

Solana trading quite profitable
Solana trading quite profitable

 

Few initiatives in the constantly changing world of cryptocurrencies have attracted as much interest and excitement as (SOL). Both traders and investors have shown interest in this blockchain platform and its native cryptocurrency, SOL, which have been at the center of an incredible journey. A prominent Solana trader has made a daring forecast that suggests the trip to $300 is closer than it may appear.

Solana’s Magnificent Ascent

The native cryptocurrency of Solana, SOL, set out on an amazing voyage in 2023. SOL was trading at about $10 at the beginning of the year, based on CoinGecko data. As of this writing, SOL is trading at over $103, a remarkable increase of 945.73% in just a single year. With this outstanding performance, SOL has shot to fame and many people are now in awe of its potential.

Analyst Forecasts Boost Confidence

Prominent cryptocurrency analysts have made predictions that have added to the euphoria surrounding SOL’s future. One such analyst goes by the Twitter name Ali, and he thinks SOL has a long way to go before reaching new heights. Ali predicted that SOL would experience a price surge that pushes the cryptocurrency above the $120 barrier if it can maintain a closing above $68.2. This optimistic view is a reflection of the conviction that SOL will continue to rise.Using the name Deftsuo, another cryptocurrency researcher expresses similar excitement and predicts further growth for SOL. Deftsuo put forth the notion that SOL can achieve its objective of breaking the $100 barrier, highlighting the cryptocurrency’s potential for further ascent.

The $300 Milestone: An Audacious Forecast

Although the projections mentioned above are certainly optimistic, some people have the audacity to dream even higher. One of them is the Twitter user Crypto King, who thinks SOL’s trajectory will get it to the much-needed $300 milestone by the end of 2024. This forecast is audacious since it implies that SOL may see large future profits. Should this come to be, it would be a remarkable rise from where it is now priced.Canfield, another well-known personality in the crypto world, agrees that SOL has bright future prospects. Canfield is even more optimistic, projecting that SOL will one day be valued at an astounding $1,000. This forecast confirms the idea that SOL can develop extraordinarily.

Retik Finance: A Possible Treasure

Even though Solana’s path to $300 is fascinating, there are still plenty of other cryptocurrency alternatives to consider. Retik Finance, a project that has been quietly making progress in the DeFi field, is one such chance. Attention has been drawn to Retik Finance (RETIK) because of its outstanding presale stage and the buzz around its listing price. Retik Finance has shown impressive growth as of the third presale stage, with 87.66% of its tokens now sold for $0.050 each. Out of the $3.7 million that was intended, the initiative has successfully raised over $3.1 million, and 75 million of the 85 million tokens have been sold. Retik Finance is unique due to its much-anticipated $0.15 listing price, which is a significant rise beyond its presale price.

Overview of Retik Finance: Success Driven by Utility

Retik Finance’s utility-driven ecosystem, which provides a variety of services and opportunities for cryptocurrency aficionados, is responsible for its ascent to prominence. The project’s central component, the Retik Wallet, gives users safe, non-custodial control over their digital assets. In addition, the wallet offers a full range of DeFi solutions by enabling DeFi swapping and selling, staking and earning, lending and borrowing, and yield farming. Retik Finance is well-positioned for expansion in the cryptocurrency sector with ambitions for additional integrations and a dedication to security and privacy. The eagerly awaited $0.15 listing price offers a compelling chance for investors hoping to profit from future gains.

In conclusion, Solana has a bright future ahead of her.

One of the distinguishing characteristics of the cryptocurrency sector as it develops further is its potential for extraordinary growth. Solana’s ascent to $300 is a promising prospect, supported by optimistic forecasts and the cryptocurrency’s outstanding performance. To properly manage risk, investors must, however, approach the market cautiously and take diversification into account. With their utility-driven ecosystems and appealing listing costs, projects such as Retik Finance stand out as viable options in this ever-changing market. The cryptocurrency space has room to grow for both well-established ventures like Solana and up-and-coming talents like Retik Finance. Investors should stay knowledgeable, do extensive research, and keep an open mind about the plethora of options presented by the cryptocurrency industry as they traverse it. Solana might be able to fulfill her $300 goal, but there is always more to discover in the unpredictable world of cryptocurrencies.