PM security breach in Punjab, SC to hear matter on Friday

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New Delhi, Jan 6 | The matter connected with the security breach of Prime Minister Narendra Modi in Punjab a day ago was raised before the Supreme Court on Thursday. The top court agreed to hear the matter on Friday.

Senior advocate Maninder Singh mentioned the petition before a bench headed by Chief Justice N.V. Ramana seeking a probe into the security breach in the PM’s cavalcade in Punjab.

The bench also comprising Justices Surya Kant and Hima Kohli asked Singh to serve a copy of the petition to the Punjab government and posted the matter for hearing on Friday.

Singh submitted that it was a serious lapse on the part of the Punjab government. The PM’s cavalcade was stranded on the road causing an unacceptable security breach.

The top court asked Singh, what is he expecting from the court? Singh said it is to be ensured that this is not repeated again and a thorough probe is required.

The Ministry of Home Affairs (MHA) had said that Prime Minister Narendra Modi’s security was breached during the Punjab visit on Wednesday. Taking cognisance of the security breach, the MHA has sought a detailed report from the Punjab government.

The MHA also asked the Punjab government to fix responsibility for this lapse and take strict action.

In a statement, the Ministry of Home Affairs (MHA) said, “Today morning Prime Minister Narendra Modi landed at Bathinda from where he was to go to the National Martyrs Memorial at Hussainiwala by helicopter. Due to rain and poor visibility, the Prime Minister waited for about 20 minutes for the weather to clear out. When the weather did not improve, it was decided that he would visit the National Martyrs Memorial via road, which would take more than two hours. He proceeded to travel by road after necessary confirmation of necessary security arrangements by the DGP Punjab Police,” the MHA said.

Around 30 km away from the National Martyrs Memorial in Hussainiwala, when the Prime Minister’s convoy reached a flyover, it was found that the road was blocked by some protesters. “The Prime Minister was stuck on a flyover for 15-20 minutes. This was a major lapse in the security of the Prime Minister,” the MHA said.

The MHA further stated that the Prime Minister’s schedule and travel plan was communicated well in advance to the Punjab Government. “As per procedure, they have to make necessary arrangements for logistics, security as well as keep a contingency plan ready. Also in view of the contingency plan the Punjab Government has to deploy additional security to secure any movement by road, which were clearly not deployed. After this security lapse, it was decided to head back to Bathinda Airport,” the MHA said.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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