ETV Bharat / elections-2019

Jyotiraditya Scindia and Narendra Singh Tomar undergoing political crisis.

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Published : Apr 9, 2019, 10:36 AM IST

Updated : May 8, 2020, 5:30 PM IST

MP Jyotiraditya Scindia is struggling to get a ticket for his wife Priyadarshini Scindia. BJP's Narendra Singh Tomar is also experiencing a political crisis. Lok Sabha elections will be held in Madhya Pradesh in four phases on April 29, May 6, May 12 and May 19.

Jyotiraditya Scindia and Narendra Singh Tomar

Gwalior: MP Jyotiraditya Scindia, representative of the Guna constituency, who once used to get tickets for other political leaders is now struggling to get a ticket for his wife, Priyadarshini Scindia.

This seems to be the reason why he had not come forward but has asked for the District Congress Committee's support for his wife and for which he is facing criticism.

The Congress party might make him contest from the Indore seat in the upcoming general elections.

On the other hand, BJP's Narendra Singh Tomar is also facing a political crisis.

After experiencing defeat in the state assembly election from the Gwalior seat, this time for the Lok Sabha elections, he will contest from Morena seat.

Lok Sabha elections will be held in Madhya Pradesh in four phases on April 29, May 6, May 12 and May 19.

Also read: I-T raids against Kamal Nath aides continue for second day

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WORLDBANK-REMITTANCES
Remittances to developing world hit record in 2018: World Bank
         Washington, April 9 (AFP) Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said Monday.
          But many banks and money transfer operators charged too much, cutting into the gains of migration, the bank said in a statement.
          Migrant workers and others sent home an estimated USD 529 billion to low- and middle-income countries last year, up 9.6 per cent from the year before, which had also been a record.
          Such money transfers should hit USD 550 billion this year, making them the largest source of external finance, according to the bank.
          Money transfers were up 12 per cent to USD 131 billion for South Asia and almost seven per cent for East Asia, reaching USD 143 billion. Sub-Saharan Africa saw a 10 per cent increase at USD 46 billion, according to the bank.
          The United States economy grew strongly while outbound flows from Gulf countries and Russia also rose, according to the bank, which said explained much of the gains.
          Excluding China, the remittances amounted to USD 462 billion, significantly more than foreign direct investment over the period, which stood at USD 344 billion.
          Among development goals set by the United Nations in 2015 was reducing the cost of remittances to three per cent.
          However, banks on average were charging 11 per cent in the first quarter of 2019 while post offices charged seven per cent.
          "The high costs of money transfers reduce the benefits of migration," Dilip Ratha, the report's lead author, said in a statement.
          "Renegotiating exclusive partnerships and letting new players operate through national post offices, banks and telecommunications companies will increase competition and lower remittance prices." (AFP)
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Last Updated :May 8, 2020, 5:30 PM IST
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