Citizens' Issues
Lok Sabha adjourned amid Congress protests
The Lok Sabha was adjourned for the day on Tuesday due to repeated protests by Congress members following the Delhi High Court summons to Congress leaders Sonia Gandhi and Rahul Gandhi in a case of cheating involving the National Herald.
 
Sonia Gandhi, who was on her seat, was seen gesticulating angrily from a distance to Minister of State for Parliamentary Affairs Rajiv Pratap Rudy, who met members who wanted to discuss the drought situation.
 
As the house resumed its sitting after two adjournments, Deputy Speaker M. Thambidurai said Monday's discussion on the drought would resume. But Congress members trooped near the speaker's podium raising slogans.
 
The noisy protest came a day after the Delhi High Court dismissed the plea of Sonia Gandhi and Rahul Gandhi to quash a trial court's summons to them in the Herald case.
 
The Congress has termed it "petty vendetta politics of the BJP".
 
Rudy said the house and the country wanted to know what was the issue that was agitating Congress members.
 
He said it appears Congress members were upset over an "outside" matter. "The law of land is equal for all." He said the government had no role in the case.
 
Law Minister D.V. Sadanadna Gowda said the conduct of Congress members was "quite undemocratic".
 
The deputy speaker asked Congress leader Mallikarjun Kharge if he wanted to speak. But Kharge refused, saying he had not been allowed to speak in the past.
 
Rudy came up to Telangana Rashtra Samithi member A.P. Ramchandra Reddy and said Telangana had been impacted by drought.
 
A visibly angry Sonia Gandhi was then seen gesticulating to Rudy, seated some distance away from her seat. Rudy had a smile on his face.
 
Rudy then said that Sonia Gandhi appeared to have objections to his talking to members of other parties.
 
Sonia Gandhi also spoke to Trinamool Congress member Sudip Bandyopadhyay.
 
As Congress members did not resume their seats despite repeated pleas, the deputy speaker adjourned the house till 3 p.m.
 
When the house resumed proceedings, Trinamool members joined the protest.
 
As the Congress members continued their protests, the house was adjourned for the day.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Dinesh Pandita

12 months ago

Oh yes!!! Now we see why India had suddenly become INTOLERANT!!!

In the past Indira Called her self "LAW" and now Sonia is "Daughter- In- LAW"

Hope this "LAW" catches up with them and stays with them for long

Insurers to foot around Rs.1,500 crore loss in Tamil Nadu
The catastrophic loss of property and lives due to the floods in Tamil Nadu could cost insurance companies around Rs.1,500 crore though exact estimates will be known only later.
 
"The loss due to floods is catastrophic. We have informed our reinsurers. We have received around 800 claims and the initial estimate of the loss is around Rs.500 crore," a senior official of United India Insurance Co. Ltd. told IANS.
 
The official said the flood loss for the general insurance industry could be around Rs.1,500 crore - "around three times the value of our claims".
 
But if one takes into account the uninsured moveable and immovable properties, then the amount would be several times more.
 
The heaviest rains in a century battered the districts of Chennai, Kanchipuram, Cuddalore and Thiruvallur over the past month, leaving around 325 people dead and causing widespread destruction.
 
Most claims lodged with United India are from corporates, industries, shopkeepers, warehouse operators and other organised sector.
 
"The loss claims from the industries are for damage to their stock and raw material, work-in-progress or finished goods," the official said.
 
"Claims for motor vehicles and other household articles from individuals will take some time to come in as they have to first stablise their home front," he said.
 
Officials of four government-owned companies met to discuss simplication of claims procedure for motor vehicles.
 
"Most vehicles would need only reconditioning. So based on the kind of damage, the claim payment could be made fast. There need not be any individual vehicle assessment of loss which might delay the settlement," the official said.
 
"On-account payment will also be made liberally before the final assessment of our liability is estimated."
 
Insurers told IANS that a majority of the flood victims have not insured their homes and its contents against fire, floods, burglary and other risks.
 
"Even many of our own employees have not insured their homes," the officer lamented.
 
"Except my car, none of the consumer durables was insured. My total loss due to floods will be around Rs.10 lakh," Priya Batra, a resident of Kotturpuram, a posh locality in Chennai, told IANS.
 
According to United India Insurance official, flood damage to the buildings, doors and windows were also covered under the fire insurance policy normally taken by the housing loan players.
 
Meanwhile, the Insurance Regulatory and Development Authority of India (IRDAI) on Monday - nearly a month after the onset of rains and floods - asked insurers to complete loss surveys within 72 hours of intimation.
 
The regulator also said that claims payment or on-account settlements were to be made within 15 days.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Oil drops again below $40 as OPEC ramps up production
Oil prices went below the $40-mark for the second time within a month on the previous trading day on Monday, following a decision of the Organisation of Petroleum Exporting Countries (Opec) late last week to keep producing optimally in an already saturated market.
 
As per latest OPEC data, its new reference basket of 12 crude oils closed at $38.08 a barrel on Friday.
 
With the OPEC strategy designed to choke competition from the American shale industry, US light crude dropped $2 on Monday to less than $38 a barrel.
 
The Indian basket, comprising 73 percent sour-grade Dubai and Oman crude, and the balance in sweet-grade Brent, plunged to $38.61 on Monday for a barrel of nearly 160 litres.
 
In November, global price had gone below the $40-mark for the first time in 11 years.
 
Oil prices have been under pressure for several months due to concerns over oversupply, but the slump has deepened in the recent period.
 
Crude-oil production has remained robust despite the large drop in prices in the last year, as US producers continue to cut costs and OPEC members keep producing at full tilt.
 
The November drop below $40, after having been in the $43-47 range earlier, was attributed to uncertainties created by the terror attacks in France last month.
 
Oil prices have fallen by more than 50 percent in a little over a year from levels of well over $100 a barrel, provoked by the slowdown in China and other emerging market economies and the end of sanctions against Iran.
 
Indian oil and gas, energy and power companies stocks fell on Monday after the dip in global crude oil prices.
 
As a result, the barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange shed 154 points, or 0.60 percent, during the late-afternoon session.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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