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Haryana in debt trap of over Rs 2.29 lakh crore

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Every child born in Haryana is saddled with a debt of Rs 1 lakh. This is true with the estimated total debt on the state increasing to over Rs 2.29 lakh crore.

The main opposition Congress, which was at the helm for a decade till 2014, has been blaming the BJP-JJP government for pushing the state into debt and taking it towards bankruptcy.

As per official figures, the state’s debt was Rs 70,931 crore in 2014-15 when the BJP assumed power in the state for the first time.

In the current fiscal, it is expected to touch a whopping Rs 229,976 crore by the end of this fiscal.

As per budget estimates of 2021-22, the debt to GSDP ratio is estimated at 23.27 per cent in 2020-21, while it was 16.23 per cent in 2014-15. For the next fiscal, it is estimated at 25.92 per cent.

Leader of Opposition and two-time Chief Minister Bhupinder Singh Hooda told IANS that the BJP-JJP government is taking the state towards bankruptcy.

“That is why the debt figures were not clearly stated in the last budget speech. As per our estimations, the total debt has increased to Rs 2.25 lakh crore by March 2021,” he said.

Opposing the steep hike in development charges in areas falling under the civic bodies, Hooda said the Congress would question the government on issues of corruption, debt and unemployment in the upcoming Budget session of the Assembly.

He said the state had a debt of about Rs 70,000 crore when the BJP took over the reins of the state after the 2014 Assembly elections. Before handing over the helm several projects of national importance were commissioned by the Congress government.

“In the past seven years, the debt has increased to Rs 2.5 lakh crore,” said Hooda, adding no major project was established. “Where have these thousands of crores gone?”

According to Hooda, under the Congress government Haryana had become number one in per capita income, investment and generating employment.

“The neglect of 52,000 anganwadi workers is a living example of the negative thinking of the BJP-JJP government towards the daughters. Women workers say the government is not implementing the announcement made by the Prime Minister on September 10, 2018, to increase the honorarium of workers by Rs 1,500 and for helpers by Rs 750,” he said.

A revenue surplus state till 2008-09, Haryana has consistently been in deficit after that. In 2016-17, the debt burden was Rs 124,935 crore.

In 2017-18, the interest payments were pegged at Rs 11,257 crore — up from Rs 9,616 crore in 2016-17. In 2015-16, it was Rs 8,284 crore.

CRISIL’s last year study of the top 18 states, including Haryana and Punjab, says the aggregate indebtedness of states, measured by debt to gross state domestic product (GSDP), is expected to remain elevated at 33 per cent this fiscal, despite the post-pandemic recovery bolstering the shrinking revenue graph.

The ratio had risen to a decadal high of 34 per cent last fiscal. Sticky and elevated revenue expenditure and the need for higher capital outlay will keep borrowings up this fiscal, it adds.

For the rising financial debt, Chief Minister Manohar Lal Khattar, who also holds the finance portfolio, is blaming the Congress government for leaving behind a debt liability of Rs 98,000 crore.

“In 2014, when the BJP assumed power the state had a debt of Rs 98,000 crore, while the Opposition used to claim it to be Rs 61,000 crore,” he told the media on February 23.

Also he defends by saying the loan liability is increasing because the capital expenditure (money spent on creating assets) is also increasing.

“When the BJP came to power in 2014-15, a debt of Rs 27,860 crore of power distribution companies was included in the government’s debt under the Ujjwal Discom Assurance Yojana. For this reason, the total debt has increased. When the Congress tenure ended, the debt liability was Rs 70,900 crore. If the loan amount of Rs 27,860 crore taken by power discoms is added, the total debt is Rs 98,000 crore,” Khattar said.

He said revenue collection had dipped during the coronavirus period and an additional expenditure of Rs 1,500 crore was incurred.

Blaming the BJP-JJP government for the monstrous cycle of a huge debt, Congress general secretary Randeep Singh Surjewala said, “The BJP-led government has increased the state’s debt from Rs 68,000 crore to Rs 2 lakh crore in seven years of its rule.”

Officials said the outstanding debt by the end of Khattar’s maiden term from 2014 to 2019 was Rs 185,463 crore.

While presenting the budget in March 2021, Khattar said the debt liability of the state is likely to go up to Rs 229,976 crore as on March 2022 from Rs 199,823 crore as on March 2021, constituting 25.92 per cent of the gross state domestic product (GSDP).

Maharashtra

Mumbai 26 July 2005 Floods: When City Was Submerged With 944 mm Of Rain In 24 Hours Leaving 914 Dead, Thousands Displaced

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Every year, the monsoon season disrupts life across Indian cities with heavy rainfall, waterlogging and traffic chaos. But July 26, 2005, stands out as a day that etched itself into Mumbai’s history as one of its darkest and most devastating.

On that day, Mumbai received an unprecedented 944 mm of rain in just 24 hours, nearly half of its annual average. Between 8 am and 8 pm alone, 644 mm poured down. It remains the eighth-highest 24-hour rainfall ever recorded anywhere in the world. The city, unprepared for such intensity, was brought to a grinding halt.

Internet Flooded With Old Visuals, Still Haunting Mumbaikars

Several netizens took to social media to share haunting visuals from the 2005 Mumbai floods, recalling the day when the city came to a complete standstill. Many described it as an unforgettable chapter in Mumbai’s history, marked by chaos, resilience and unity.

While some reflected on the overwhelming scale of the disaster, others remembered how the crisis revealed the undying spirit of Mumbai, with strangers helping each other and communities coming together in the face of adversity.

Mumbai’s Lifeline Took Serious Hit, 52 Local Trains Damaged

As floodwaters rose, roads vanished beneath torrents of water. Local trains, the city’s lifeline, stopped completely, with tracks submerged and 52 trains damaged. Thousands were stranded in stations, schools and offices overnight. Low-lying areas like Dharavi and the Bandra-Kurla Complex were heavily inundated, while vehicles were swept away or immobilised.

The scale of disruption was staggering. Over 37,000 auto-rickshaws, 4,000 taxis, 900 BEST buses and 10,000 trucks and tempos were either damaged or rendered unusable. Even the skies were no refuge. For the first time ever, Mumbai’s airports shut down, with Chhatrapati Shivaji International Airport and the Juhu airstrip closed for more than 30 hours. More than 700 flights were cancelled or delayed, creating nationwide ripples in air traffic.

Over 900 Killed, Property Worth ₹5.5 Billion Destroyed

The economic loss was estimated at Rs 5.5 billion (around 100 million USD). But the cost in human lives and suffering was far greater. According to official reports, 914 people lost their lives, many due to drowning, electrocution and landslides. More than 14,000 homes were destroyed, leaving thousands without shelter, food or drinking water.

Communication networks also failed. Around 5 million mobile users and 2.3 million landline connections went dead for several hours, hampering emergency rescue operations. Emergency services were overwhelmed, as the city grappled with a disaster it had never imagined.

The 2005 floods served as a harsh wake-up call, exposing Mumbai’s vulnerability to extreme weather. In the years since, the government has worked on improving disaster preparedness, such as creating specialised disaster management units, upgrading early warning systems and installing floodgates and dewatering pumps at critical points.

Yet, even two decades later, as visuals from 2005 resurface each year, a haunting question persists: Is Mumbai truly prepared to face another flood of that magnitude?

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National News

Congress Leader Jairam Ramesh Slams PM Modi’s ‘Boasted Friendship’ With Donald Trump, Cites US Engagement With Pakistan

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New Delhi: The Congress on Saturday alleged that Prime Minister Narendra Modi’s “much boasted friendship” with US President Donald Trump is now proving to be “hollow” and cited several overtures the latter recently made to Pakistan.

In a post on X, Congress general secretary, communications, Jairam Ramesh also alleged that Indian diplomacy was failing in the light of the US partnering with Pakistan.

“The abject failure of Indian diplomacy, especially in the past two months, is revealed most tellingly by four facts. These expose the tall claims made by the Prime Minister and his drum-beaters and cheerleaders,” he said in his post.

Ramesh said that since May 10, 2025, Trump has claimed 25 times that “he personally intervened to stop Operation Sindoor, threatening India and Pakistan that if they didn’t bring the war to a halt, they would not have a trade agreement with the USA.” On June 10, 2025, he claimed, Gen Michael Kurilla, the head of the US Central Command, hailed Pakistan as a phenomenal partner of the US in countering terrorism.

On June 18, 2025, Trump held an unprecedented luncheon meeting with Pakistan Army Chief Field Marshal Asim Munir in the White House, Ramesh noted.

“Two months earlier, Munir’s inflammatory, incendiary, and communally provocative remarks had provided the backdrop to the brutal Pahalgam terror attacks on April 22, 2025,” he said.

Just yesterday, the Congress leader claimed that US Secretary of State Marco Rubio met Pakistani Deputy Prime Minister Ishaq Dar and thanked Pakistan for its partnership in countering terrorism and preserving regional stability.

“The PM’s clean chit to China on June 19, 2020, has already cost India heavily. His much boasted friendship with President Trump is now proving to be hollow,” Ramesh said in his post.

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National News

Government Cracks Down on OTT Platforms Over Obscene Content

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New Delhi, July 25, 2025 — In a significant move targeting explicit digital content, the Government of India has taken steps to block several over-the-top (OTT) platforms accused of streaming obscene and vulgar material. Platforms such as ALTBalaji, ULLU, and a few others have come under the scanner for allegedly violating Indian content regulations and societal norms.

The Ministry of Information and Broadcasting, acting on multiple complaints from citizens and civil society groups, initiated the ban after conducting an internal review. Authorities stated that certain shows and web series available on these platforms contained content that was “sexually explicit,” “vulgar,” and “not suitable for public viewing,” especially in households with children.

The decision has stirred a wider debate around content regulation and creative freedom in India’s rapidly growing digital entertainment sector. While officials maintain that the step was necessary to uphold decency standards and protect cultural values, critics warn of overreach and censorship.

A senior official said, “This is not about targeting creative freedom. This is about ensuring that OTT content does not cross legal and moral boundaries. There are clear guidelines, and platforms are expected to adhere to them.”

The platforms affected reportedly failed to comply with warnings issued earlier regarding their programming. Despite advisory notices and reminders to filter or restrict adult content, several web series continued to feature nudity, explicit scenes, and suggestive themes without proper age-gating or viewer discretion tools.

In recent years, OTT platforms have grown in popularity, especially among younger audiences, with many bypassing traditional film and TV regulations. The government had previously introduced a self-regulation framework for digital content providers, but critics say enforcement has been lax, leading to the current clampdown.

Some media rights advocates and artists expressed concern over the lack of transparency in the banning process and called for an independent review mechanism. Others, however, welcomed the move, stating that unchecked access to graphic content could have a detrimental effect on social behavior and minors.

As of now, the banned platforms remain inaccessible in India. The Ministry has hinted at further actions if other OTT providers do not align their content with the prescribed code of ethics and IT rules.

This development marks a turning point in India’s digital media regulation and sets the stage for possible stricter content monitoring across streaming platforms in the future.

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