Wednesday, November 2, 2011

Indian Defence and Security Network is slated for RS 64,000 Cr EXPANSION!Mamata in denial mode as infants die!Faced with growing Chinese military presence along the border and other complex security challenges in the region, the government is plannin

Indian Defence and Security Network is slated for RS 64,000 Cr EXPANSION!Mamata in denial mode as infants die!Faced with growing Chinese military presence along the border and other complex security challenges in the region, the government is planning to increase the strength of the Indian Army by almost one lakh soldiers over the next five years. Indo US Nuclear Deal Setting works so well and Floodgates of Global Weapon Industry thus Opened up as Arab Spring has changed the Middle East Africa Geo Politics! After the Demise of USSR and GULF War, it is Quite a Strategic Turnaround to Boost US ZIONIST War Economy and the Blind Brahaminical Nationalism!

Oil companies will decide on petrol price hike: Oil Secretary G.C. Chaturvedi

Nandan Nilekani panel suggests 2-phase IT strategy to revamp PDS

Indian Holocaust My Father`s Life and Time - SEVEN HUNDRED Fifty FOUR

Palash Biswas

http://indianholocaustmyfatherslifeandtime.blogspot.com/


http://basantipurtimes.blogspot.com/


Indian Defence and Security Network is slated for RS 64,000 Cr EXPANSION!

State-owned oil companies are pressing for a Rs 1.82 per litre increase in petrol prices because of rupee depreciation and hardening of crude oil prices.


Public sector oil firms had in September raised petrol prices by Rs 5 per litre.


"From today, there are some losses on petrol. To cover them, we may have to increase prices," HPCL Director (Finance) B Mukherjee told reporters here.


He said that crude oil is hovering at around $108 per barrel in international markets, while the rupee has depreciated from Rs 46.50 a dollar three months ago to over Rs 49 per dollar now, increasing the cost of oil imports.


Mukherjee said the loss on petrol is currently Rs 1.50 per litre and after including local levies, the desired increase in retail prices is Rs 1.82 per litre.


"We are in discussion with other oil companies on raising prices. Let's say, we are toying with the idea," he said, refusing to say when the country's fuel prices would be raised.


RELATED ARTICLES



Faced with growing Chinese military presence along the border and other complex security challenges in the region, the government is planning to increase the strength of the Indian Army by almost one lakh soldiers over the next five years. Indo US Nuclear Deal Setting works so well and Floodgates of Global Weapon Industry thus Opened up as Arab Spring has changed the Middle East Africa Geo Politics! After the Demise of USSR and GULF War, it is Quite a Strategic Turnaround to Boost US ZIONIST War Economy and the Blind Brahaminical Nationalism!

The Welfare State Concept is redefined in accordance with Free Market Economy while a Human Face like Mamata Banerjee seems to be rudely UNMOVED by INFANT Deaths and services depend on Purchasing Power! Health Care and Education and Food security happen to be decided by the Market Forces! Nilekani plans to revamp PDS. Sibal already has made it Knowledge Economy. DIDI from Bengal has aligned with Private Sector to grow INDUSTRIAL clusters which would boost Market Economy in Bengal Never Before!

A panel headed by UIDAI chairmanNandan Nilekani today suggested two-phase strategy to use IT to improve the PDS network and provide direct subsidy to poor, besides checking pilferage in the process.

The first phase of PDS revamp will deal with supply chain improvement, while the second will focus on direct transfer of subsidy, Nilekani said after submitting the report to Finance Minister Pranab Mukherjee.

The Task Force on direct transfer of subsidies on kerosene, LPG and fertiliser was set up in February.

The Task Force has recommended a dedicated institutional mechanism to implement end to end computerisation of PDS across the country, Nilekani said after submitting the report.

It has suggested creation of a National Information Utility or Public Distribution System Network (PSDN) by April 2012 and initiation of pilot projects by December 2012.

There are about 4.62 lakh fair price shops (FPS) which distribute commodities, like wheat, rice, sugar and kerosene, worth over Rs 30,000 crore every year to 18 crore families.

"The Task Force believes that a strong, robust IT infrastructure backbone is critical for reforming the functioning of the PDS", the report said.

It pointed out that true PDS beneficiaries suffer due to "wholesale problems such as large-scale pilferage and diversion...duplicates and ghost beneficiaries, wrongful exclusion and inclusion."

Nilekani said, "the large focus of the report is to make system more efficient (and) to make sure people have choice."

The government has in principle accepted the report of the Task Force, he said, adding, "it will now process the report and take appropriate action".

Ironically,the government Wednesday unveiled a bill that seeks to get committed standards of public service and redressal of grievances in a stipulated time frame.

The Citizens Right to Grievance Redress Bill, 2011 will look at complaints of violation of the citizens' charter to be formulated by each government department, identify liabilities of public servants in case of default and impose penalities for failure to deliver services or redress grievances in a time-bound manner.

Speaking about the bill, the Minister of State for Personnel V. Narayanasamy said its architechture will ensure an appropriate decentralised and citizen-friendly mechanism to redress public grievances.

"The citizen's charter will have to be defined by the authorities at various levels, including panchayats, municipalities, states and the centre. For every authority, there will be a Grievance Redress Officer," Narayanasamy told mediapersons at a joint briefing with Rural Development Minister Jairam Ramesh.

He said the bill will be put up on the website of the department of personnel for 21 days for people to give their comments.

"We will like to introduce it (the bill) in the winter session (of parliament Nov 22-Dec 21) after cabinet approval," he said.

Narayanasamy said the bill can be enacted as a central legislation under the concurrent list and cover central schemes and central government departments. It will provide a platform to states to make a grievance redressal mechanism for state schemes and departments.

Ramesh said the bill was another landmark in the "rights-based approach followed" by the United Progressive Alliance (UPA) government.

"It (the) bill gives people legal entitlement," he said.

Oil companies will decide on petrol price hike: Oil Secretary G.C. Chaturvedi
: The government said Wednesdayit was up to state-run oil marketing companies (OMCs) to decide on any petrol price hike, even as Petroleum Minister Jaipal Reddy asked for a meeting of the empowered group of ministers to take a call on the issue.

"It is for them to decide. The oil companies are empowered to take a view on it. They will take a decision ata right time," Oil Secretary G.C. Chaturveditold reporters here.

While petrol is deregulated, giving oil marketing firms the freedom to change retail prices, they still require the government's approval to effect any changes in the prices of diesel, kerosene and cooking gas.

However, increasing petrol prices after a substantial hike of Rs.5 in September would not go down well. The minister too admitted this was a fact, adding that he hoped for a meeting soon on the prices of the regulated fuels.

"I have asked for a meeting of the empowered group of ministers (eGoM). The meeting will take place before the winter session of parliament (beginning Nov 22)," Reddy said.

The eGoM on petroleum is headed by Finance Minister Pranab Mukherjee.

The minister also said that the financial capacity of the oil retailers should not be overestimated. He said their revenue losses because of selling petroleum products below the market price is expected to be around Rs.130,000 crore for this fiscal.

"Oil companies will soon find it difficult to get loans from Indian banks, let alone foreign banks," he added.

The development comes, a day after one of the OMCs said it was considering a hike in petrol prices given the high crude oil prices and depreciating value of the rupee against the dollar.

"We are at present losing Rs.1.50 per litre on petrol. To make up for this loss a desired increase in retail price should be at least Rs.1.82 a litre," B. Mukherjee, director-finance, Hindustan Petroleum Corporation Limited(HPCL) had said Tuesday.

"We are in discussion with other oil companies on raising prices. We are toying with the idea," he added.

International prices of crude were hovering around $108 per barrel, while the rupee had depreciated from 46.50 a dollar three months ago to over 49 per dollar now which has resulted in an increase in the cost of oil imports.

HPCL has posted a net loss of Rs.3,364 crore Tuesday, while its peer Bharat Petroleum Corp (BPCL) earlier reported a second quarter net loss of Rs 3,229.27 crore.

The average cost of the Indian basket of crude went up to $108.73 per barrel, rising from $103.63 a barrel Oct 1-16.
India's Security & Strategy
Rs 64,000-cr expansion plan: Govt to recruit one lakh for China border
This would include raising 4 new divisions along the India-China border. Two of these would be part of a Mountain Strike Corps.

Politics News | Updated Nov 02, 2011 at 09:28pm IST

WB: Mamata in denial mode as infants diePriyanka Gupta, CNN-IBN

3

inShare

Share on TumblrClick to play video

Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday blamed the Left for ruining the state's healthcare following death of a newborn baby at a hospital in Murshidabad after doctors used acid instead of Dettol as a disinfectant.
Recounting her horror at the hospital, 28-year-old Shikha said, "I was unconscious. When I woke up, I heard my baby is dead and my legs were burning."
During delivery her legs were allegedly swabbed with acid, instead of Dettol. As a result, her baby died soon after birth and her legs are badly burnt. The Lalbag sub-divisional hospital in West Bengal has said it will probe this case of gross medical negligence.
"We have set up an enquiry committee, the fluid will be sent for forensic test," said Superitendent Dr Saswati Nag.
Shikha's tragedy is just one in a series of horror stories in Bengal. In the last six days, more than 40 infants have died in hospitals. Chief Minister Mamata Banerjee, who handles the Health Ministry, blamed the previous Left government.
"The CPI-M has done nothing. They have made several hospitals with no proper facilities. I am trying to do as much as I can, but I need to overhaul the system," said Mamata Banerjee.
"We strongly condemn this incident. We demand a separate minister for health," CPI leader Gurudas Dasgupta.
The political blame game aside, the bitter reality of Bengal's health care is revealed by the scenes of patients lying on floors, over crowded maternity wards and infants lying unprotected.
"We will send an enquiry team at the end of this month. Too many children are dying in Bengal. What has happened at Murshidabad is criminal. The perpetrators should be punished," said NCPCR Chairperson Shanta Sinha.
Meanwhile, the Minister of State for Health Sudip Bandopadhya has given a clean chit to a Kolkata hospital where 17 deaths have been reported in the last one week. But with the news of such instances of gross medical negligence continues, the big question is how long will the Mamata Banerjee government be in denial?
(Follow IBNLive.com on Facebook, on Twitter, on YouTube, and on Google+ for updates that you can share with your friends.)
#India's dying children #infant death #Murshidabad #West Bengal #Mamata Banerjee
http://ibnlive.in.com/news/wb-mamata-in-denial-mode-as-infants-die/198645-37-64.html


2 NOV, 2011, 07.00AM IST, JOSY JOSEPH,TNN

Rs 64,000-cr expansion plan: Govt to recruit one lakh Indian Army for China border

EDITORS PICK

RELATED ARTICLES



NEW DELHI: Faced with growing Chinese military presence along the border and other complex security challenges in the region, the government is planning to increase the strength of the Indian Army by almost one lakh soldiers over the next five years.

Authoritative sources told TOI that the Ministry of Defence (MoD) has approved a Rs 64,000-crore (approximately $13 billion) military modernization planthat would include raising four new divisions along the India-China border. Two of these would be part of aMountain Strike Corps dedicated to offensive operations. The plan also includes raising two independent brigades, one in Ladakh and the other in Uttarakhand.

Once cleared, this would be the biggest ever modernization and expansion package for the army. It would also be the largest increase in deployment along the China border seen since the immediate aftermath of the 1962 war.

Two weeks ago, MoD sent its plan to the finance ministry for scrutiny and approval, authoritative sources said. Once cleared, the proposal would be put up before the Cabinet Committee on Security for approval and financial sanction.

A senior MoD official said, under the proposal, the army will induct 90,000 more soldiers over the next five years during the 12th five-year plan period from 2012 to 2017 all of them for deployment along the China border. In the 11th Plan, the army's strength was augmented by 36,000 for two new divisions.

The proposed modernization plan includes a comprehensive overhaul and upgrade of the army's fire-power, logistical capabilities and other aspects of the China border deployment. The army's projected requirement for ultra-light Howitzers for mountains would double, while it would also require a major addition to its helicopter capabilities, sources said.

A senior MoD source said while the proposal was focused on the India-China border, some military expansion is planned in the Andaman and Nicobar Islands. At present, the army has just a brigade of soldiers in the islands. This is expected to be stepped up to the strength of a division, he said. There are also plans to increase air force and naval capabilities in Andaman and Nicobar as well as along the China border, he said.

The MoD had raised some initial concerns about the cost involved in a comprehensive military upgrade plan and the file was returned to the army headquarters a couple of months ago. But after a few rounds of consultations within the MoD, the defence acquisition council headed by minister A K Antony cleared the plan early last month, sources said.

Sources said the projected expansion budget of Rs 64,000crore includes the cost of new helipads and air strips, and also last-mile road linkages. It would also include the cost of implementing new concepts of military transformation, which are now being tested, including the capability to operate in smaller units and providing logistics in an integrated manner.

2G Spectrum Scam
How CAG's 2G loss figures changed with every draft
The 3 indicators on which losses were calculated were: Hasty issuance of licences, 35 dual tech licences & allocation of extra spectrum.
Black Money Menace
Publish list of black money a/c holders: BJP
Govt has a CD listing 700 bank accounts. HSBC alone may have up to Rs 4,000 crore of Indian deposits.

http://economictimes.indiatimes.com/news/politics/nation/rs-64000-cr-expansion-plan-govt-to-recruit-one-lakh-indian-army-for-china-border/articleshow/10573904.cms

31 OCT, 2011, 06.44AM IST, AMITI SEN,ET BUREAU

Fixing trade imbalance: Import curbs on China likely as deficit grows

31 OCT, 2011, 06.44AM IST, AMITI SEN,ET BUREAU

Fixing trade imbalance: Import curbs on China likely as deficit grows


Read more on »Wen Jiabao|Reliance Communications Ltd.|Japan|India|China|Beijing|Anand Sharma

EDITORS PICK

Reliance Communications Ltd.

BSE

81.65

05.49%

04.25

Vol:4128330 shares traded

NSE

81.80

05.55%

04.30

Vol:14466280 shares traded

Prices|Financials|Company Info|Reports

RELATED ARTICLES



NEW DELHI: India's widening trade gap with China has triggered an alarm in the government, forcing it to brood over a host of measures to restrict imports from the country.

The commerce department has hammered out a "China Strategy" that calls for higher tariffs on most Chinese goods while proposing a complete ban on specific items, like power and telecom equipment. It also suggests making it mandatory for Chinese firms to enter into joint ventures with Indian companies before they could import heavy equipment and machinery from the country.

The move comes as India's trade deficit with China, its biggest trading partner, jumped 160% to $23.9 billion in the five years to 2010-11. Trade deficit is the gap between what is imported and exported and a rise in spread indicates India's increasing dependence on China.

"China has already taken over our power sector and is ruling the low-end market for mobile phone handsets," a senior official in the commerce department told ET on condition of anonymity. "If we do not step in now with suitable policy measures, our trade gap with China will rise further."

While imports of Chinese goods rose to $43.5 billion in 2010-11 from $17.5 billion in 2006-07, exports lagged far behind, up to just $19.6 billion from $8.3 billion over five years.

Indian officials say China acknowledges that trade imbalance is a problem, but it has done little to address it. The commerce department said Beijing has ignored seven specific requests from Delhi to ease imports of Indian goods that could have narrowed the trade gap significantly. These requests, made by Commerce and Industry Minister Anand Sharma during his Beijing visit last year and reiterated during ChinesePremier Wen Jiabao's New Delhi visit last December, included import relaxation for Indian pharmaceuticals, agricultural produce, IT products and heavy machinery.

"China promised us almost two years back that it would work towards helping us bridge the trade deficit, but has not yet taken any significant step," the official quoted earlier said.

China's lack of response forced the commerce department to plan measures aimed at restricting imports and boosting exports of value-added products, the official said, adding that the ministries of finance, power, telecom and home would be consulted once the strategy is ready.

The department also plans to encourage substitution of Chinese goods with those items from South Korea andJapan that face low tariff barriers.

Experts, however, say restricting Chinese imports will not be easy. "Even if we ignore the WTO rules and its ramifications, there is just too much peer pressure," said Biswajit Dhar, director general of RIS, a Delhi-based think tank for developing countries.

"In the G-20 forums, countries are constantly harping on ways to keep market open and such steps would be frowned upon." Besides, experts say, such measures could scare off foreign investors from India. "Restriction on Chinese investments could raise concerns that they could be extended to other countries as well," a trade analyst said. But Indian officials do not agree.

"We are aware of all existing rules and policies and there are ways around everything," the official said.Reliance Communications, the telecom firm led by Anil Ambani, signed a deal in March to borrow $1.93 billion from China Development Bank. This included $1.33 billion for refinancing 3G spectrum fee payment and $600 million for equipment import from Chinese vendors.
http://economictimes.indiatimes.com/news/economy/foreign-trade/fixing-trade-imbalance-import-curbs-on-china-likely-as-deficit-grows/articleshow/10547256.cms



Keep up to date with these results:

No comments:

Post a Comment