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The Hindu
6 days ago
- Business
- The Hindu
Watch: Why are TN parties opposing RBI's Draft Gold Loan norms?
Over the past week, leaders across party lines in Tamil Nadu have strongly criticised the Reserve Bank of India's Draft (Lending against Gold Collateral) Directions, 2025. From Chief Minister M K Stalin to Opposition Leader Edappadi K Palaniswami, everyone, except those from the BJP, is arguing that these new guidelines will put the poor, middle class, and farmers in a tight spot. So, what's driving this debate, and why is it such a hot-button issue? Gold loans are a lifeline for many families in Tamil Nadu and beyond. They aren't a luxury; they're a safety net. For generations, people have relied on gold—often passed down through the family—as a form of financial security in times of need. But in April, the Reserve Bank of India (RBI) released draft guidelines on gold loans, which could make it harder for people to access this crucial credit. In this episode, let's break down some of the key changes that have stirred this controversy. Script & Presentation: D. Suresh Kumar Videography: Thamodharan B Production: Shibu Narayan
India Today
27-05-2025
- Politics
- India Today
EPS accuses DMK of shielding suspended party leader in sexual assault case
AIADMK General Secretary Edappadi K Palaniswami (EPS) has accused the DMK government of shielding the accused and threatening the complainant. Sharing a video clip purportedly of the survivor, in which she claims that the authorities are only 'questioning' people and not taking real action, EPS alleged that the police were trying to intimidate her rather than deliver further pointed out that a DMK councillor was recently arrested in Arakkonam for illegally possessing two firearms without a licence. He criticised the state administration for allegedly allowing the DMK to hold public meetings in support of the accused, while denying the AIADMK permission to protest on behalf of the is DMK protecting Deivaseyal? Is any huge political figure being secured by protecting Deivaseyal? Who is that sir? Our questions will not stop until the affected student gets justice,' EPS declared, demanding accountability from the ruling party. Tamil Nadu Chief Minister MK Stalin responded by accusing EPS of political opportunism. 'Several instances of crime like Thoothukudi and Sathankulam occurred in the AIADMK period,' Stalin said, referring to violent incidents under the previous government's watch. He accused EPS of being 'deliberately involved in slander' and attempting to politicise sensitive issues for personal and party controversy centres around allegations made by a 20-year-old woman against her husband, Deivaseyal, a suspended deputy secretary of the DMK Youth Wing in Arakkonam. She has accused him of sexual and physical abuse and of coercing young women into sexual relationships with political leaders. advertisementThe National Commission for Women (NCW) has taken suo motu cognisance of the matter and has called for an immediate, impartial investigation. The NCW has also urged the Tamil Nadu Police to register a case under relevant provisions of the Bharatiya Nyay Sanhita and to submit an Action Taken Report. The complainant has alleged that the police mishandled her complaint by omitting key details from the FIR and pressuring her to sign documents she disagrees with. She also reported that sensitive video evidence she submitted was leaked on social media, and no action has been taken against those responsible. IN THIS STORY#Tamil Nadu
India Gazette
27-05-2025
- Politics
- India Gazette
"2026 will end hereditary politics in Tamil Nadu, Stalin's dream a mirage": AIADMK's EPS
ANI 27 May 2025, 09:03 GMT+10 Kallakurichi (Tamil Nadu) [India], May 27 (ANI): All India Anna Dravid Munnetra Kazhagam (AIADMK) General Secretary Edappadi K Palaniswami on Monday asserted that the 2026 Assembly elections would mark the end of 'hereditary politics' in Tamil Nadu, adding that Chief Minister MK Stalin's dream of what he described as 'family rule' would remain a 'mirage'. EPS also claimed that the Dravid Munnetra Kazhagam (DMK) is rattled by the growing opposition alliance. 'Family rule and hereditary rule are taking place in Tamil Nadu. 2026 will be the election that will put an end to hereditary politics. Stalin's dream will be a mirage and a daydream. As long as AIADMK exists, Stalin's dream will not come cannot bear the fact that an alliance (with the BJP) has been formed. You will tremble when many more parties join us', Eddapaddi K Palaniswami said at the 77th birth anniversary event of former CM Jayalalithaa on Monday. Meanwhile, on Sunday, Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin chaired a consultation meeting for newly appointed DMK district and state youth wing organisers in Tiruchirappalli. The Youth Wing strongly condemned the Union government and political forces that challenge federal principles and undermine the Supreme Court verdict using unconstitutional means. The meeting lauded Chief Minister Stalin for filing a case in the Supreme Court against the Union government's coercive condition of imposing the three-language policy to release Tamil Nadu's rightful funds. Ahead of the 2026 Tamil Nadu assembly polls, there have been differences between the Union and state governments on various issues. DMK on one end have always alleged Centre of exploiting Tamil Nadu and ignoring the state in the Union budget. They have also alleged that the Central government of forcing the New Education Policy (NEP) on Tamil Nadu. On the other hand, the Union Government have denied all the allegations and has said that they have been promoting the Tamil language and culture in all the other parts of the country. (ANI)
Time of India
25-05-2025
- Politics
- Time of India
N Chennai residents form human chain to protest WTE project
Chennai: Residents of North Chennai, joined by local councillors, formed a human chain at Kodungaiyur on Sunday, urging the govt to scrap the proposed Waste-to-Energy (WTE) project at Kodungaiyur dumping ground. Tired of too many ads? go ad free now They demanded that the reclaimed 352acres of landfill be converted into a park, playground, or college to benefit the community. Support for the campaign grew stronger with political parties such as AIADMK and Naam Tamilar Katchi (NTK) backing the protest. AIADMK leader Edappadi K Palaniswami said residents were already struggling with health issues such as respiratory and skin problems and announced a protest at Kodungaiyur on June 2. NTK leader Seeman called the project an "environmental disaster" aimed at working-class neighbourhoods, warning it would release toxic gases and worsen pollution levels. Hundreds participated in Sunday's protest, raising concerns over the project's impact on public health and the environment in North Chennai. The human chain stretched nearly four kilometres — from Ezhil Nagar at Kodungaiyur to Ambedkar College at Vyasarpadi. "Despite repeated objections, steps are being taken to install the incinerator. We visited the WTE plant in Hyderabad and saw firsthand how residents there are suffering from health problems. We fear a similar outcome here," said T K Shanmugam, president of the Federation of North Chennai Residents' Welfare Associations. Congress councillor J Dilli Babu (ward 37) said residents near the dumpyard have suffered for more than four decades. "The civic body claims the plant will be built with safety measures, but there's no assurance of complete safety for residents. We urge GCC to shift the WTE plant to the outskirts," he added.
India Gazette
21-05-2025
- Politics
- India Gazette
Stalin says he will attend NITI Aayog's meet on May 24, advocates TN's fair financial right
Chennai (Tamil Nadu) [India], May 21 (ANI): Tamil Nadu Chief Minister MK Stalin on Wednesday said that he will attend NITI Aayog's Governing Council meeting on May 24 and will demand 'fair financial rights' for his State. The Chief Minister also asked why All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary Edappadi K Palaniswami was pained by this, adding that he will keep on fighting to get a fair financial share from the Centre to his State. 'I am going to Delhi on the 24th to express to the NITI Aayog for fair financial rights for Tamil Nadu at the meeting!' Stalin said in a post on X in Tamil. 'Why does this pain the Leader of the Opposition, Palaniswami, who has kept his habit of keeping his feet under the table?' he added. Saying that he will always carry the flag of freedom, the Chief Minister said,'I will always carry the flag of freedom! I will not crawl away! Even today, I have filed a case in the Supreme Court for the rights of Tamil Nadu. I will stand firm on my policy! I will fight to get funds for Tamil Nadu.' Earlier, the Tamil Nadu government filed a plea in the Supreme Court over the alleged non-disbursal of around 2200 crores by the Central government to the State, over the latter's decision not to implement the National Education Policy (NEP). In its plea, the Tamil Nadu government has sought the Court to declare that the National Education Policy, 2020, and the PM SHRI Schools Scheme are not binding on the State unless a formal agreement is entered into with the Union Government. The State government has further argued that its entitlement to funds under the Samagra Shiksha Scheme has been unlawfully made conditional on the implementation of these central schemes, which it considers to be unconstitutional, arbitrary, and illegal. 'The glaring reason for such non-disbursement is that the Defendant has linked the release of Samagra Shiksha Scheme funds with the implementation of 'National Education Policy' and 'NEP exemplary PM SHRI Schools' Scheme, despite the fact that this policy / scheme are separate schemes. That the reason of such apparent linkage is the fact that the MoU pertaining to the PM SHRI Schools Scheme dictates for implementation of the NEP-2020 in the Plaintiff State (Tamil Nadu) in its entirety which is not agreeable to the Plaintiff State due to the vociferous opposition to the Clause 4.13 of the NEP-2020 which envisages three-language formula', the plea reads. The State government is thus demanding the release of Rs2,291.30 crore from the Centre, along with 6% annual interest on the principal sum of Rs2,151.59 crore from 1 May 2025 until full payment is made. (ANI)
