Prime Minister Narendra Modi on Sunday, in a veiled attack on the previous regime, said that the middle and poor class have time and again suffered from the banking crisis, but present India is determined on resolving these problems.
Speaking at the ‘Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 lakh’ programme here, the Prime Minister said that the BJP-led Central government has enhanced financing system and has introduced various reforms in the last 7 years to benefit the poor and middle-class individuals.
He informed that in the last few days, more than 1 lakh depositors have got their money back which was stuck for years which amounts to more than Rs 1300 crore.
“For years, the attitude of slipping the problems under the carpet was prevalent in our country. Our middle and poor class have time and again suffered from the banking crisis. But today’s new India is determined on resolving these problems,” PM Modi said.
“Today is an important day for the banking sector and account holders. Today symbolizes the fact that the government has always kept the ‘Depositors First’. Depositors first, the name of this programme reflects our priority and responsibility towards them and their needs,” he said.
“We have increased the cap from Rs 1 lakh to Rs 5 lakh for these depositors to make the most out of this opportunity and build a sense of trust among our depositors,” he added.
Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das were also present at the event.
“The country has demonstrated of working together during this COVID pandemic. India’s moment has come where India can really become a gross driver of the world economy. That will be possible if all stakeholders in the banking sector work together,” Shaktikanta Das said.
With deposit insurance coverage of Rs 5 lakh per depositor per bank, the number of fully protected accounts at end of the previous financial year constituted 98.1 per cent of the total number of accounts, as against the international benchmark of 80 per cent.
BSF deploys more troops, surveillance equipment along border in J&K as part of ‘winter strategy’
LeT, Al-Badr Militants Planning To Sneak in JK Via PoK: Intel Agencies Warns
Amid the heavy snowfall in Jammu and Kashmir, the intelligence agencies have warned that militants from Lashkar-e-Taiba (LeT) and Al Badr are planning to sneak into the Union Territory through Pakistan occupied Kashmir (PoK), sources in the security set-up said.
The sources, quoting intelligence inputs, said that at least seven militants of LeT and five of Al Badra are trying to cross over to Jammu and Kashmir from two different areas located in PoK.
The intelligence alert has specifically said that from one place in PoK, the LeT ultras will be trying to infiltrate with the help of a launchpad commander, while the five Al Badr militants are located near a launchpad in Balakot, who are being escorted by a local guide to infiltrating from the Bhimber Gali side in Poonch district of Jammu and Kashmir.
The intel alerts have been shared with the J&K Police, Central security forces and the Army who have been asked to intensify patrolling along the international border adjoining the Bhimber Gali.
“The alert is a matter of major concern for the security forces ahead of the Republic Day, and if they (militants) are trying to cross the international border amid the heavy snowfall, it indicates that they must be equipped with winter clothing and navigational devices,” an official in the security forces deployed in J&K said.
He also said that in recent operations launched by the Central security forces and the state police, the militants who were neutralised had army grade winter clothing and other staff like dry fruits and dry meals. This also indicates that Pakistan’s Inter-Services Intelligence (ISI) is providing logistic support to these terrorists.
Recent intelligence inputs have also revealed that ISI has been searching for new routes to infiltrate into Jammu and Kashmir besides establishing new control rooms in PoK.
The security forces, after intercepting messages, revealed that eight new routes have been identified which are covered with snow and have less patrolling by Indian forces during peak winters.
The intelligence intercepts have further revealed that Pakistan has activated new terror launch pads along the Line of Control (LoC) with increased efforts to aid infiltration bids into Jammu and Kashmir before the Republic Day on January 26.
Beware: Lady thief roaming the streets of Roop Nagar
Another theft case of ₹7,200 has been reported from a boutique named ” The Hanger’ located on the main road in Roop Nagar, Jammu.
A lady who visited the boutique duped the owner and took away garments amounting to a total of ₹7,200.
The owner at first didn’t recognise the lady, but she pretended as if she was their regular customer.
“After selecting the garments, she asked for an assistant boy to come along and will make the payment to him as she reaches her residence”, the owner said.
She instead fooled the owner and the boy as well and wasn’t seen anywhere after that.
The boutique owner has filed a complaint in the nearest police station on January 18.
Police are investigating the matter, and soon the lady thief would be caught; till then, the locals are advised to beware of such miscreants.
Read More: Two feared dead after drowning in Chenab
- BSF deploys more troops, surveillance equipment along border in J&K as part of ‘winter strategy’ January 22, 2022
- LeT, Al-Badr Militants Planning To Sneak in JK Via PoK: Intel Agencies Warns January 21, 2022
- Beware: Lady thief roaming the streets of Roop Nagar January 21, 2022
- 2 vehicles loaded with 432 KG banned Polythene Seized January 21, 2022
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