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We need 4-5 more banks like SBI to meet changing needs of economy: Sitharaman

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Union Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday said that India needs four or five more banks like State Bank of India (SBI) and added that there is a need to scale up banking to meet the changing requirements in light of shifting recent realities of economy and industry.

“The way in which the economy is shifting to a different plane altogether, the way in which industry is adapting, so many new challenges keep arising. To address these challenges, we need not just more, but bigger banks,” she said.

As per a press statement from the Finance Ministry, Sitharaman shared this point of view with the banking community, during her keynote address at the 74th Annual General Meeting of the Indian Banks’ Association (IBA) in Mumbai on Sunday.

The Finance Minister asked IBA to improve access to financial services pan India through scientific digitized mapping. She exhorted the industry to imagine how Indian banking has to be in the immediate and long-term future.

She underlined the importance of seamless digital systems in creating a sustainable future for Indian banking industry. “Long-term future of Indian banking is going to be largely driven by digitized processes.”

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BANNED DRUG LOMOTIL FOR DIARRHOEA LANDING KIDS IN HOSPITAL WITH PERFORATED INTESTINE

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PGIMER Chandigarh Pediatric Emergency often see cases with perforated colon or intestine after the child was given Lomotil for treating extensive diarrhoea. These cases are majorly landing either from Uttar Pradesh or Himachal Pradesh. Due to perforation, there has to be surgery to close the perforation (hole) caused in the respected area. Surprisingly, this is a banned drug by GOI and aggressively prescribed by UP-based private practicing doctors. The Daily Guardian has spoken to many experts of Punjab, Haryana, and UP on this emerging issue and found out that this is a planned practice of few private clinical practitioners in UP to mint heavy money.

Case1: Priya, 7 years old, from Kanpur was suffering from extensive diarrhoea. Parents approached the private hospital of Kanpur where the child was given Lomotil to stop diarrhoea. Thereafter child suffered acute constipation and acute loss of appetite. Parents again went to the same hospital where the paediatrician after doing an Ultrasound informed them that their child was suffering from a hole in the intestine. They were asked to pay Rs 15 lakh for correcting hole surgery. Parents appeared in PGI, Chandigarh, and then got to know it was Lomotil that caused a hole in the intestine. PGI did surgery within minimal cost and the child got fine later. Her father Ramdeen while speaking to The Daily Guardian told that many such kids in Kanpur had the same problem and got surgically treated in the same private hospital.

Case2: Sidharth, 6 years old, too was from Kanpur, suffered diarrhoea, given Lomotil by another private practicing paediatrician. He later presented with an acute stomach ache, acute constipation, and was found to have an intestine perforation. His father Sumant Suman was asked to shell out Rs 21 lakh for perforation correction surgery. The expert paediatrician of Kanpur Dr Deen Dayal of a private hospital says, “This is a banned drug and shall not be available over the counter. But Chemists here are hand in gloves with some doctors and give this medicine to stop diarrhoea. Lomotil does not cause perforation for sure, yet there are maximum cases of perforation due to this medicine. Even addicts are taking this medicine as an opioid.”

“Lomotil may cause perforation, we often ask parents if they had given this specific medicine to the child during diarrhoea, they say yes. And, there is evidence available in many medical journals as well. Doctors know that they shall not prescribe this medicine yet cases are appearing in our emergency,” says Prof Arun Bansal, Advanced Pediatric Centre PGIMER.

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DELHI GOVT SET TO LAUNCH ROJGAAR 2.0 APP TO PROVIDE JOBS TO YOUTH

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After launching the Rojgaar Bazaar portal last year that became a useful platform for youths looking for jobs and small businesses looking for skilled workers in Delhi, the government is all set to create the Rojgar Bazaar 2.0 portal that will be a digital job matching platform for entry-level jobs in India, said a press release.

Based on the experiences of the Rojgar Bazaar 1.0 portal and to drive employment linkages across Delhi, the government had decided to upgrade the current Rojgaar Bazaar portal to bring in best-in-class practices from national and international job portals. Deputy Chief Minister Manish Sisodia claimed that the Rojgaar Bazaar 2.0 would be a first-of-its-kind innovative platform launched by any state government to provide all employment-related services seamlessly to its citizens. In a statement, Manish Sisodia said, ”Rojgar Bazaar 1.0 portal was launched in August 2020 by CM Arvind Kejriwal at the peak of Covid-19 pandemic and turned out to be a lifeline for the unemployed youth as well as small businesses of Delhi. Over 14 lakh job-seekers and 10 lakh jobs have already been advertised on the current Rojgar Bazaar portal. The new Rojgar Bazaar 2.0 portal will bring all the services related to skill training, career guidance and job matching on a first-of-its-kind digital platform in India.”

Sisodia said, ”This platform will also provide a range of other critical services. This will range from skilling, career guidance, skill credentialing and automated analytics services, all of which will help in enhancing the job seekers’ ability to gain meaningful livelihoods. While services such as skilling and career guidance will help the job seeker to pursue an aspirational career, a strong analytics platform will provide the Government with rich insights to frame policies and drive on-ground positive impact.”

These benefits will be extended further to the unorganised workers also. As a substantial number of unorganised workers cannot access the digital platform, the Delhi government will also institutionalise physical centres to increase access to the Rozgar Bazaar platform.

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Rail Roko stir affects railway services in Haryana as farmers block several routes

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Farmers in Haryana blocked railway routes in reaction to a nation-wide ‘Rail Roko’ call by farmers’ unions and the impact of the agitation held under the banner of Sanyukt Kisan Morcha, was seen and reported at a large scale across the state as most of the railway tracks were blocked by the farmers demanding the arrest of Ajay Mishra.

The farmers sitting on the agitation blocked several prominent rail tracks which led to increased problems for the government. To some extent, blocking railway tracks affected the commuters, although, the concerned authorities issued advisory for people to avoid the usage of the railway until the agitation doesn’t come to an end on Monday. In view of the protest, the state government as the policeman department along with other administrative officials had ensured proper arrangements to maintain law and order and avoid any kind of nuisance if it takes place. Several railway tracks that connect the state from other parts of the country, including Rohtak-Delhi, Delhi-Chandigarh, Ambala to Amritsar were blocked. In continuation to this, Delhi-Kalka Shatabdi stopped at Ambala Cantt in view of the farmers’ agitation. It came out that in these series, railway services remained obstructed on the Bhiwani-Delhi track near Kaluwas villages, Bahadurgarh, Sonipat. Apart from this, the railway tracks were blocked in many other districts including Panipat, Kurukshetra, Kaithal, Hisar, Rohtak, Jind, Fatehabad, Sirsa and Bhiwani etc. Farmers blocked the Delhi-Chandigarh and Delhi- Amritsar routes. Besides, several trains were cancelled and as per sources of the northern railway, nearly 50 trains along with its properties were affected by the protest as the farmers continued to sit on tracks. To avoid any kind of violence or annoyance, the government had deployed force so that no such incident took place and to ensure the same, the higher authority was in constant touch with the police and administrative officials.

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DELHI GOVT SET TO LAUNCH ROJGAAR 2.0 APP TO PROVIDE JOBS TO YOUTH

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After launching the Rojgaar Bazaar portal last year that became a useful platform for youths looking for jobs and small businesses looking for skilled workers in Delhi, the government is all set to create the Rojgar Bazaar 2.0 portal that will be a digital job matching platform for entry-level jobs in India, said a press release.

Based on the experiences of the Rojgar Bazaar 1.0 portal and to drive employment linkages across Delhi, the government had decided to upgrade the current Rojgaar Bazaar portal to bring in best-in-class practices from national and international job portals. Deputy Chief Minister Manish Sisodia claimed that the Rojgaar Bazaar 2.0 would be a first-of-its-kind innovative platform launched by any state government to provide all employment-related services seamlessly to its citizens. In a statement, Manish Sisodia said, ”Rojgar Bazaar 1.0 portal was launched in August 2020 by CM Arvind Kejriwal at the peak of Covid-19 pandemic and turned out to be a lifeline for the unemployed youth as well as small businesses of Delhi. Over 14 lakh job-seekers and 10 lakh jobs have already been advertised on the current Rojgar Bazaar portal. The new Rojgar Bazaar 2.0 portal will bring all the services related to skill training, career guidance and job matching on a first-of-its-kind digital platform in India.”

Sisodia said, ”This platform will also provide a range of other critical services. This will range from skilling, career guidance, skill credentialing and automated analytics services, all of which will help in enhancing the job seekers’ ability to gain meaningful livelihoods. While services such as skilling and career guidance will help the job seeker to pursue an aspirational career, a strong analytics platform will provide the Government with rich insights to frame policies and drive on-ground positive impact.”

These benefits will be extended further to the unorganised workers also. As a substantial number of unorganised workers cannot access the digital platform, the Delhi government will also institutionalise physical centres to increase access to the Rozgar Bazaar platform.

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ADITYA THACKERAY URGES CORPORATES, NGOS, INDIVIDUALS TO COME TOGETHER TO SAVE ENVIRONMENT

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Maharashtra Environment Minister Aditya Thackeray on Monday urged corporates, NGOs and individuals to come together to save the environment.

Thackeray attended a panel discussion organised by the National Stock Exchange (NSE) on “Economic opportunity for India to accelerate management of marine and land waste and pollution”. The minister said, “We all hear, and the companies listed on NSE realise the fact that climate has changed around us. Last 13 months Mumbai and Maharashtra state have seen three storms that were never seen earlier in decades together, massive flooding with rainfall. Last three years, Mumbai city has faced more than 3,000 mm of rain and heavy downpour damaging agriculture crops, infrastructure housing assets and properties and at times taking a toll on human lives.”

Thackeray pointed out that these incidents are only serving as a warning that society needs to come together and inculcate small environment-friendly habits and live life more in harmony with the environment. He appealed to all stakeholders including corporates, NGOs and individuals to inculcate small but significant changes in their day to day habits in the way they live to make their lives easier.

Saving Water by ensuring water taps are locked when not in use, saving electric power when not required, saving on fuel and adopting clean fuel electric vehicles, will go a long way in mitigating climate change impact.

He mentioned that these small but significant changes in our habits will go a long way in helping governments, corporates and NGOs to mitigate the climate change impact. “The companies listed on the stock exchanges are aware of the responsibilities and we all—governments, individuals, NGOs need to come together to save future generations from the negative impact of climate change,” he stated. “We cannot say no to industrialisation or manufacturing industries coming into our state. We must accept them. But yes, better discharge standards, emission standards and smaller nuances we can really focus on to make it a habit rather than a movement for us. So in terms of the corporates, I am not saying take the big steps, spend a lot or invest half of your capital change emergencies. If we can make smaller changes in your corporate houses, manufacturing industries, complexes, it will bring the change,” added Thackeray.

He urged people to ensure the waste generated in complexes, buildings and households get segregated.

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BJP will do best in UP, Punjab: Raj Kumar Chahar

Ajay Shukla

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BJP Kisan Morcha National President Raj Kumar Chahar says that in the upcoming assembly elections, the party will perform well in Punjab and Uttar Pradesh. In an exclusive interview with ITV Network, he claimed that Congress’s security would be forfeited in 95% to 98% seats in Uttar Pradesh.

Regarding Punjab, he said that BJP is making a new beginning in the state and will enter the election with a strong base. On the issue of central agricultural laws, Chahar said that the people, who have never done anything for the farmers, were calling them black, whereas, in reality, these laws are golden and in the interest of the farmers.

He said that after the independence of the country if anyone started the work of bringing about a positive change in the lives of the farmers, it was the former Prime Minister Lt. Atal Bihari Vajpayee. He said that those who were opposing these laws have yet to tell what is black in them. they even ran away from the discussion during the Parliament session while the government wanted him to give suggestions on these.

Responding to a question, he termed the Lakhimpur Kheri incident as unfortunate and said that it is being probed and Uttar Pradesh Chief Minister Yogi Adityanath does not compromise on law and order. In this case, also the victims will get full justice. Targeting Congress leaders Rahul Gandhi and Priyanka Gandhi, he said that Priyanka is doing politics over deaths. Raj Kumar Chahar said that an SC man was lynched to death in Rajasthan, Rahul-Priyanka did not tweet on that. Priyanka is doing politics only on the dead bodies of Hathras and Lakhimpur Kheri.

He said that Congress has no land in UP and no matter how much politics Priyanka does, Congress will have to face a crushing defeat. Replying to another question, the BJP Kisan Morcha President said that the party leaders are being prevented from going to the people in a planned manner in Punjab, but they will win over the people by telling them the truth and benefits of the three agricultural laws.

He said that some people want to spoil the atmosphere of Punjab on the issue of these laws, but BJP will not allow its peace to be disturbed. He also said that the path of progress of the country emerges only from the prosperity of Punjab. He also said that the central government is for the farmers and farmers, but the parties which are against the ideology of the BJP, their supporters involved in the farmers’ movement are not willing to allow the issue to be resolved. Those people are doing political agitation.

Chahar said that the government is seeking suggestions through talks, but they were not even ready to give suggestions.

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