INDIAN PARLIAMENT ATTACK 2001

On December 13, 2001, the Indian Parliament attack was a terrorist attack on the Parliament of India in New Delhi,December 13, 2001. The perpetrators belonged to Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM) – two Pakistan-raised terrorist organizations resulting in a 45-minute gun battle in nine police officers, and they also killed parliament staffer. The terrorists wearing commando dress entered Parliament in cars carrying Ministry sticker through the building’s VIP gate.

Five Delhi Police personnel, a woman Central Reserve Police Force (CRPF) trooper, and two Parliament Watch and Ward Staff died taking on the terrorists. A gardener and a photojournalist also died.

The incident led to a high level of tension between India and Pakistan and a massive upgrade in the Parliament’s security.

Within days, they arrested four people and charged as masterminds of the attack. The case against the four – Mohammed Afzal Guru, Shaukat Hussain, Afsan Guru, and SAR Geelani – went on for about a decade, with the Delhi High Court the Supreme Court eventually acquitting two and upholding the death sentence of one.

parliament attack in India

Prime Minister Narendra Modi, Home Minister Amit Shah, and also the Defence Minister Rajnath Singh on Sunday paid tributes to those who lost their lives in the 2001 attack.
Vice President M Venkaiah Naidu, Lok Sabha Speaker Om Birla, and Leader of Opposition in Rajya Sabha Ghulam Nabi Azad also paid tributes on occasion.
“I pay my heartfelt tributes to the brave sons of Mother India who made the supreme sacrifice by taking on the enemies in the cowardly terrorist attack on the Parliament House, the temple of democracy, in 2001. A grateful nation will forever be indebted for your supreme sacrifice,” Shah tweeted in Hindi.

Senior Bharatiya Janata Party (BJP) leader LK Advani, the home minister, called the attack “the most audacious, and also the most alarming, the act of terrorism.”

Those present observed a moment of silence as a mark of respect for the martyrs. The day is also considered as the day of tragedy.

Written By Palak Thakur.

Nikita Murder Case;THE TRAGEDY OF FARIDABAD

A 20-year-old girl, Nikita was shot dead by two men outside Aggarawal college, in broad daylight.

On 26th October, Nikita, a B.Com final year student, resident of Sanjay Colony in sector 23 in Faridabad, went to her college for her examinations. When she came out of the premises, she had an encounter with two men.
The whole incident was captured in the CCTV, which shows that one accused had his face covered.
The two men try to push her inside the white car, to which she is seen resisting.
Soon when she is seen to continue offering stiff resistance, one of the youth pulled out a gun and fatally shot in her chest and fell while bleeding heavily.
Both the accused ran from the crime scene in their car. The incident took place around 3.45 pm.
Nikita was taken to the private hospital and died during treatment.

One of the shooters is identified as Tausheef by Nikita’s brother.
As per sources, Nikita studied with Tausheef till class X. The accusation was to also kidnap her in 2018, which the family filed an FIR.
The case was soon withdrawn by Nikita’s family with an affidavit. And both the parties came to a mutual understanding, as the police said it was an act of one-sided love. However, the accused continued to harass her.
The case is said to have a ‘love jihad’ angle, as the family claims that the Accused wanter Nikita to change her religion and marry her, to which she denied continuously.

Tausheef was arrested late on Monday night, and his friend was detained n Tuesday. Both the men have been sent to judicial custody for 14 days.

Hunder of people came to protest against the murder. People blocked the highway connecting the national capital, to which the police came to disperse the crowd.
The protesters threw stones to avoid an encounter with the police.
Son, the situation was brought under control after 20 minutes.

Nikita murder case
Photo by NEOSiAM 2020 on Pexels.com

On Thursday, Shri-Singalhedi organized a Mahapanchayat in Mewat’s Punhana area. They protested against te arrest of the man accused of the supply of the local gun to Tausheef.
Azzaruddin is arrested as an accused, to which his wife says that.
I would request the government to have a proper investigation and arrest the real culprits roaming around freely.

The villagers say that Azzaruddin is innocent and was never involved in any criminal activities.

Eleven days after the murder was committed in broad daylight, a 700-page charge sheet is filed by the experienced police officers involved in investigating the case.
The charge sheet includes 60 eyewitnesses, which have eyewitnesses, doctors, policemen.

Tausheef quoted that his career was ruined because of the case filed by Nikita’s family in 2018. he says that he couldn’t study medicine because of his arrest, so he took his revenge. He also added that he shot Nikita as she was about to get married to someone else.
The charge sheet had also cleared reports about Nikita talking to the accused a day before the incident happened.

Nikita’s family said that they hope that they will get justice soon by seeing the charge sheet. Nikitas’s father also thanked the police and the administration for their efforts.

Written by Shaili Kumari.

The Plight of the MSMEs

The declaration of the COVID-19 as a global pandemic gave rise to a state of confusion amongst nations. With people foraging for an answer during these uncertain times, Google reported that “since the first week of February, search interest in coronavirus increased by +260% globally.” The pandemic was successful in not only putting a dent in the health-related sectors but also in the economic sphere. McKinsey and Company revealed that the onset of this pandemic made huge ripples around the globe. The effects of these ripples were further built up with the discovery of the situation of several jobs around the globe.  A recent data of the International Labour Organization (ILO) with regards to the impact of COVID-19 pandemic on labour market revealed the ruinous effects it had on workers in the informal economy and on hundreds of millions of enterprises worldwide. The closure of factories and business mostly in MSME sectors was seen.

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MSME

The declaration of COVID-19 as a pandemic in March saw and continues to see a steep surge in unemployment. The sharp drop in work as a result of the outbreak meant that around 1.6 billion workers in the informal economy (approximately 50% of the global workforce) face the danger of levelling of their livelihoods warned the International Labour Organization. “ILO Monitor third edition: COVID-19 and the world of work,” brought to light that the drop in working hours especially in the current quarter of 2020 is expected to be notably worse than anticipated.  “Compared to pre-crisis levels (Q4 2019), 10.5 per cent deterioration is now expected, equivalent to 305 million full-time jobs (assuming a 48-hour working week). The previous estimate was for a 6.7 per cent drop, equivalent to 195 million full-time workers. This is due to the prolongation and extension of lockdown measures,” stated a document issued by the International Labour Organization regarding the crisis.

The disturbance in the economic sphere has led to a damage of billions of informal economy workers (representing the most vulnerable in the labour market), out of which a worldwide total of 2 billion and a global workforce of 3.3 billion suffered massive impairment to their livelihood. The ILO revealed that the initial months of the crisis is estimated to have resulted in a drop of 60% in the income of informal workers globally. Statistics divulged that a drop of 81% in Africa and the Americas, 21.6% in Asia and the Pacific, and 70% in Europe and Central Asia was witnessed. The challenge regarding employment has been especially critical for small businesses. Firms with fewer than 100 employees have been seen to be more vulnerable when compared to 40% of the large private-sector employers.

Moody’s Investor Service claimed the downgrading of Indian economy by estimating 0% growth in FY21. The study laid bare that the fiscal measures introduced by the Government were unlikely to offset lower consumption and slow-moving economic activity. Berstein entertained -7% growth, whereas both Goldman Sachs and Normura forecasted a 5% contraction in the Indian economy. The report further stated that although the direct fiscal impact of the policy reforms 1-2% of GDP, it would provide limited impetus to the furtherance of the economy. A strain in the fiscal deficit would contribute to an increase in future debt in debt-to-GDP term reported Moody’s. Moreover, the Investor Service opined that Indian Government’s extension of ‘working capital loans’ to micro, small, and medium enterprises (MSMEs) will not suffice and shield from the economic shock they are facing now as they were already facing financial strain well before the crisis.

The MSME sector which is among the worst-hit, globally, accounts for 33.4% of India’s output along with a whopping 45% of Indian export. These enterprises, since the day of the announcement of the pandemic, have been facing the possibility of extinction. The MSMEs that rely upon daily transaction to stay afloat have been facing serious problems as a result of thee nationwide lockdown. A survey conducted by All India Manufacturers’ Organisation (AIMO) that covered 5000 MSMEs showed how 71% of the small businesses were unable to pay salaries since March. Moreover, the findings of the survey revealed that more than 40% of the businesses would shut shop sooner or later.  The CII CEOs snap poll disclosed that almost 54% of company heads predicted job losses irrespective of the sector they are in whereas 45% foresee 15-30% layoffs. For instance, one of the most famous auto-manufacturing company, Maruti Suzuki informed that the production in April was ‘zero’. The predicament has been visible across different manufacturing industries, including textiles, chemicals, etc. TransUnion Cibil discussed that there was a risk of 2.3 lakh crores worth loan might become non-performing. Moreover, with the increase in the demand for cash flow, there will emerge issues that are expected to prevail even with relaxations introduced by the government.

To give a shove to the MSMEs and inject life-blood to this sector:

  1. GOI declared a cut in a policy of repo rate by 75 basis points to 4.4%.
  2. More than 3 lakh crore rupees was injected into the system.
  3. Moreover, it allowed a 3-month moratorium on the payment of instalment with regards to existing loans.
  4. Reserve Bank of India (RBI) opened another window of 50,000 rupees for refinancing. Based on this, post receiving this money, banks will be mandated to invest within one month. RBI also reduced liquidity coverage ratio to 80% whilst providing a special financial scheme to All India Financial Institutions (AIFIs) at repo rate.
  5. Emergency credit lines have been created by several banks.
  6. A low-interest rate of 5% has been declared.
  7. Various business continuity measures have been adopted by the RBI.

Nitin Gadkari, Minister for Road Transport & Highways, Minister of Shipping and the Minister of Micro, Small and Medium Enterprises, explained that Government of India has been working tirelessly on policies concerning the MSMEs with focus on entrepreneurship development. The sector that accounts for nearly 30% of the economy of Indian nation needs a robust economic plan so that it can get its engine running once again after COVID-19 ceases to exist. The post-pandemic economic scenario would be one that would introduce capital scarcity to the globe. Nations all around need to conclusively come up with a plan that would be mainly concerned with reviving the MSME sector. A comprehensive system that would get back the MSMEs on track is the need of the hour.

                                                                                                                         

By: Sagarika Mukhopadhyay

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