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Reduction in repo rate to benefit people, industry: Prakash Javadekar

Union Minister Prakash Javadekar, while addressing a press conference at the BJP headquarters, hailed the Reserve Bank of India's (RBI) decision to cut repo rate. Javadekar stated, "The RBI took an important decision to reduce the repo for the fifth time this year. The decision will lower monthly installments to be paid. Bank loans will become cheaper and strengthen industries". Javadekar further said that the govt has also brought down corporate taxes. "We need domestic and foreign investments to boost economic growth", he added. Javadekar included that the govt led by PM Modi took 110 decisions in 15 cabinet meetings to boost investment inflows, which will support employment generation and Make in India initiative. Do you agree with Prakash Javadekar's statement? Comment below. Src: https://bit.ly/2LMVap4

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NDRF and SDRF distribute funds for Karnataka flood victims

In Karnataka districts, the State Disaster Response Force and State Disaster Response Force (SDRF) released funds towards flood relief and rehabilitation. As per media reports, SDRF had released Rs 303 Cr while the NDRF has released a total of Rs 897 Cr. Fully Convertible Debenture (FCD) Director, Subhash Chandra Meena, issued two separate letters stating the amount released from NDRF and SDRF to the Govt of Karnataka towards relief necessitated by natural calamity. The reports added that recently, the Centre has released Rs 1,200 Cr for flood relief works in the state. Karnataka CM BS Yediyurappa has also thanked the govt for financial aid. Do you think that the government did the right think of releasing 1,200 Cr for aiding Karnataka? Comment below. Src: https://bit.ly/2LQFZv8

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ISRO scientist murdered for refusing to pay for gay sex

Fight over payment gay sex service led to the murder of ISRO arm National Remote Sensing Agency scientist S Suresh Kumar in Hyderabad. The police have arrested lab technician, who was allegedly in the sexual relation with 56 year old scientist. The police informed that Lab technician J. Srinivas stabbed the scientist to death after a heated argument over non-payment for sexual activity. The incident came light when scientist’s wife who works in Chennai, failed to connect with husband over phone & asked relatives to visit home but found it was locked from outside. She immediately reached out to the police and the house door was broken open in the presence of them where they found Suresh Kumar was lying in the pool of blood. Src:https://bit.ly/2niAPyjd.

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Mumbai metro rail resumes chopping of Aarey trees; police arrests over 26 protesters

The Mumbai Metro Rail Corporation (MMRC) resumed cutting down Aarey trees with the assistance of Mumbai police from 3.15 am yesterday night to construct the metro shed. Soon after the Bombay High Court passed an order in favour of MMRC and refrained from calling Aarey Colony a forest area, several angered protesters flocked in the area to protest. To control the matter, police lathicharged on them and detained as many as 100 protesters. Section 144 has also been imposed in the colony area. Around 2642 trees will be chopped down for Metro rail project. Do you support chopping of Aarey trees for infrastructural development? Comment below Src: https://bit.ly/2M9hyYs

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