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Union Minister Pratap Sarang met Finance Minister urges to issue instructions to RBI for return of Srimandir funds deposited in Yes Bank

in National, State News March 12, 2020 Comments Off on Union Minister Pratap Sarang met Finance Minister urges to issue instructions to RBI for return of Srimandir funds deposited in Yes Bank 497 Views

New Delhi:12/3/20: Union Minister Pratap Sarangi today met Finance Minister Nirmala Sitharaman and urged the latter to issue instructions to RBI for return of Srimandir funds deposited in Yes Bank to Shree Jagannath Temple Administration (SJTA).

The Minister Of State for Micro, Small & Medium Enterprises and Fisheries, Animal Husbandry and Dairying, Govt Of India, Pratap Sarangi also requested the Union Finance Minister for an independent inquiry into the issues terming the episode a conspiracy on part of the Odisha government officials.

Sarangi appraised the Union Finance Minister that the people of Odisha are deeply anguished about the deposit of Rs.545 crore fund of SJTA in the crisis-hit Yes Bank.

He said: “Questions are being raised as to why the SJTA, functioning under the State Government of Odisha, has deposited the funds in a Private Bank in flagrant violation of the laid down guidelines to keep the Temple money in the Nationalised Banks”.

“This move smells of some conspiracy on the part of the concerned Officers of the State Government to serve their private pecuniary interests in connivance with the authorities in the Yes Bank, Sarangi further stated.

Sarangi also thanked Sitharaman for taking the lead on behalf of the Government to reassure the depositors of the capital-starved Yes Bank by making timely intervention.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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