Investor sentiment not dampened by Delhi violence, anti-CAA protests: FM

Addressing a press conference here, she said the investors she met in her recent visit to Saudi Arabia expressed willingness to invest more in the country

Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman speaks during a press conference. PTI
Press Trust of India Guwahati
3 min read Last Updated : Mar 06 2020 | 3:06 PM IST
Union Finance Minister Nirmala Sitharaman on Thursday said that investor sentiment has not dampened after the anti-CAA protests and the recent Delhi violence.

Addressing a press conference, she said the investors she met in her recent visit to Saudi Arabia had expressed willingness to invest more in the country. When asked about the Delhi violence and anti-CAA protests, Sitharaman said: “The sentiment of foreign investors has not been dampened.” 

Sporadic violence was reported from riot-hit areas in north-east Delhi, even as an eerie calm prevailed across the neighbourhoods in Jafrabad, Maujpur, Chand Bagh, Gokulpuri and surrounding areas, with the death toll reaching 38 on Thursday.

Two Special Investigation Teams (SITs) have been formed to investigate the rampant violence in parts of Delhi, over the contentious citizenship law, since Sunday.

Chief Minister Arvind Kejriwal announced on Thursday that the government will give Rs 10 lakh to the families of those who lost their lives in the communal violence.  He also said that the government will bear the cost of treatment of those injured. Those seriously injured will get Rs 2 lakh, the chief minister said.

Solicitor General Tushar Mehta told the Delhi High Court (HC) that 48 FIRs have been lodged and there be no judicial intervention till normalcy is restored in the national capital.  A Bench of Chief Justice D N Patel and Justice C Hari Shankar granted four weeks to the Centre and the police to file replies to the PIL seeking lodging of FIRs against alleged hate speeches by three BJP leaders.  


In the meantime, Delhi HC Judge S Muralidhar was transferred to the Punjab and Haryana High Court, days after the Supreme Court made the recommendation. 

The judge was hearing the Delhi violence case and the late evening notification came on a day when a Bench headed by him expressed “anguish” over the Delhi Police’s failure to register FIRs against alleged hate speeches by three BJP leaders. Responding to retaliation, Law Minister Ravi Shankar Prasad on Thursday said the judge was transferred following the recommendation of the Supreme Court collegium, asserting that a “well-settled process” was followed.  

The Central Board of Secondary Education (CBSE) will conduct fresh exams for students who have not been able to appear for papers in other parts of the national capital because of the violence, officials said. 

The board has sought details of students who failed to appear for exams due to the prevailing situation in the city. It has postponed class 10 and 12 exams, scheduled on February 28 and 29, in the affected areas.  

An FIR was registered on Thursday against AAP councillor Tahir Hussain for allegedly being involved in the killing of Intelligence Bureau staffer Ankit Sharma, police said.  He has been suspended from primary membership of the party till completion of probe, say AAP sources.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Citizenship BillNirmala SitharamanDelhi Riots 2020Foreign investors

First Published: Feb 27 2020 | 7:02 PM IST

Next Story