Digvijay Singh English news | Digvijay Singh, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

Raking up the recent death of billionaire coffee tycoon VG Siddhartha, Trinamool Congress on Thursday asked the government to "introspect" as to what led to the industrialist taking the extreme step and what needs to be done to regain the confidence of the corporate sector.The CCD founder's body was found on Wednesday, two days after he went missing."The recent tragic death of a renowned entrepreneur, who set up a chain of very popular business outlet all over the country has caused shock and agony among the Indian corporate and in the minds of people in general," Sukhendu Shekhar Roy said in Rajya Sabha during Zero Hour, without taking Siddhartha's name.Referring to the letter written by Siddhartha to the Board of Directors of his company, the Trinamool Congress leader said it appeared that he was under tremendous pressure from other stakeholders of the company as well as from a senior officer of the Income Tax department."I am not in to blame game but the matter is very serious," Roy said.He said while the government has announced and taken up many measures for ease of doing business, various reports suggested that about 5000 billionaires have left the country last year itself."If we fail to regenerate the confidence among the industrialists and the investors, the growth rate will decrease alarmingly. The unemployment rate is increasing alarmingly," said the TMC lawmaker."Let the government introspect as to why a situation or environment of such sphere is looming large among the industrialists and the investors including the person about whom I mentioned, has to commit suicide," he said.Roy said the government has to "introspect" and take adequate measures so that confidence of the industrialists and corporate are regained.Siddhartha, whose body was found in a river two days after he went missing, was on Wednesday cremated at his estate in his home district of Chikmagalur after hundreds of people bid him a tearful adieu.Congress' Digvijay Singh too urged the government to regain the confidence of the industrialists while talking about the state of the country's economy.Raising concerns over the growing unemployment, Singh urged Rajya Sabha Chairman M Venkaiah Naidu to direct Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and the Commerce Minister Piyush Goyal to take measures to regain confidence of the industrialists."The economy is in bad shape. In 2018, around 1.10 crore workers became unemployed. Among them, 90 lakh were from villages. Five lakh cars, 30 lakh two-wheelers remained unsold. 100 car dealers have closed their shops," he said.He also stated that many industrialists including Rahul Bajaj have also expressed their concern on the matter."The unemployment rate is at its highest in the last 40 years. 10 lakh workers in the auto mobile sector are going to be unemployed. I would urge the government to talk to people from the automobile sector. Regain their confidence as Sukhendu ji said. The government should also take care of the tax terrorism which is going on these days," he said.( With inputs from ANI )

Digvijay SinghFOLLOW

Digvijay singh, Latest News

A criminal defamation complaint has been filed against Congress leader Digvijay Singh for his comment alleging that "BJP and Bajrang Dal are taking money from Pakistan's spy agency ISI". ...

The feud in the Madhya Pradesh Congress has turned into writing of letters and poster war. ...

Senior Madhya Pradesh Congress leader Manak Agarwal has accused party MLA Umang Singhar of working as a "BJP agent" and trying to malign the image of former state chief minister Digvijay Singh. ...

The National Register of Citizens (NRC) should be revisited to ensure that no genuine citizens are excluded, said former Chief Minister Ajit Jogi here on Sunday. ...

In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddharthas death, as it brought to light the dark side of the Indian entrepreneurial environment. ...

Air India is going to offer non-stop flights between India and North America to passengers using the existing North Polar routes for commercial air operations starting August 15. ...

The Madhya Pradesh High Court on Thursday issued a notice to BJP Bhopal MP Pragya Singh Thakur on a petition challenging her election to the Lok Sabha on the grounds that she allegedly adopted "corrupt practices" and whipped up communal passions duri ...

Raking up the recent death of billionaire coffee tycoon VG Siddhartha, Trinamool Congress on Thursday asked the government to "introspect" as to what led to the industrialist taking the extreme step and what needs to be done to regain the confidence ...