Bill
for afforestation to be introduced in
Rajya Sabha
NEW DELHI, Apr 17: A bill for
promoting forest- related activities will
be introduced during the current
Parliament session, the Rajya Sabha was
informed today.
"The
note on Compensatory Afforestation
Management and Planning Authority (CAMPA)
Bill and Compensatory Afforestation Fund
(CAF) for promoting activities relating
to afforestation through Green India has
been approved by the Government,"
Environment Minister for State S
Raghupathy said.
The
authority will initially provide about Rs
3,000 crore followed by Rs 1,000 crore
per year for four years to part finance
afforestation of six million hectares of
degraded forest land in two phases in the
country under Green India Programme, he
said in a written reply.
Replying
to another question, Ragupathy said so
far, about 7,347 crore has been collected
by the Ad-hoc authority.
"As
the ad-hoc authority has not been
authorised by the Supreme Court to
release any funds to the states and union
territories, nothing has been spent out
of the fund so far," he said.
The
Government is collecting funds from the
state and union territories towards
compensatory afforestation, penal
compensatory afforestation, catchment
area treatment plan while diverting the
forest land for non-forestry purpose
under the provisions of the Forest
(Conservation) Act 1980, he added. (PTI)
Jackie
Shroff moves Kerala High Court
KOCHI, Apr 17: Bollywood actor
Jackie Shroff has filed a petition in the
Kerala High Court seeking to quash a
cheque bouncing case pending against him
in a lower court in Thrissur.
Shroff has
stated in his petition, filed yesterday,
the Judicial First Class Magistrate at
Kodungalloor in Thrissur district had no
territorial jurisdiction to consider the
complaints filed against him in the case.
He stated
due to certain business transactions
between his wife and the first
complainant Bijay Chokani of Mumbai,
seven cheques were issued to the latter.
Shroff
alleged that Chokani, to harass him,
issued a power of attorney to the second
complainant, V K Mathew of Thrissur.
Mathew
opened an account at the Catholic Syrian
Banks Perinnanam branch in Thrissur
and presented the seven cheques.
The
cheques were returned for lack of funds
and Shroff got notices demanding the
amount mentioned in the cheques. Since
the money was not paid, the power of
attorney holder filed a case.
Shroff
alleged the complainants intention
was to create unnecessary media hype by
compelling him to come to Kerala as an
accused and tarnish his image.
This is
the seventh Criminal Miscellaneous case
filed by Shroff.
The High
Court had earlier stayed proceedings
pending before the lower court in six
other cases and referred them to a
division bench to consider the question
of maintainablity of complaints filed by
the power of attorney holder of the payee
of cheques under Sect 138 of the
Negotiable Instruments Act.
Vacation
Judge Justice M Shashidharan Nambiar
posted the actors petition to April
29. (PTI)
Price
rise a ticking time bomb: Jaswant Singh
NEW DELHI, Apr 17: Terming price rise
a "ticking time bomb" that
would explode in the face of the
Government, Leader of the Opposition in
the Rajya Sabha Jaswant Singh today
accused the UPA of "utter
mismanagement" of supply side for
the runaway inflation, which was
"unforgiveable" for a
Government in its fourth year.
"Inflation
generates in its wake not only price rise
but also a sense of instability and a
rudderless governance that is extremely
damaging to the entire national
psyche," Mr Singh said, while
participating in a short duration
discussion on the issue.
Dismissing
the contention of Finance Minister P
Chidambaram that inflation was a global
phenomenon that had been imported in
India, he said it was based on a flawed
reasoning.
"The
US is the highest importer but it is
suffering inflation not more than three
per cent," he said, adding that the
Government must come out with a
convincing explanation as to why
inflation spiralled to 7.4 per cent in
barely six weeks after the presentation
of the budget in Parliament in February.
Mr Singh
said inflation was not only beacuse of
mismanagement of supply side but also of
demand pull factor.
"Inflation
is not so much a monetary problem...We
have created a climate in the country
that draws a staggering return of 75 per
cent for investments from the US in
India, resulting in a gross oversupply of
money."
Lacing his
nearly 50-minute speech with anecdotes,
acerbic wit and sarcasm, Mr Singh also
slammed the Government for its policy on
Special Economic Zone (SEZ), which had
triggered discontent among the farming
community.
"The
NDA Government had initiated the SEZ
policy to promote exports. We had decided
that SEZs would be set up mostly in
coastal India without affecting
agricultural land.
"But
the UPA Government has indulged in an
orgy of SEZ expansion, which is
unacceptable," he said.
Arguing
that agriculture in India was not only a
source of livelihood but also a
lifestyle, he said any shift in land use
would be a disaster.
"Agriculture
in India is fundamentally cultural...Our
society, culture, festivals and folk
music are based on it," he added.
Mr Singh,
who was the Finance Minister in the
previous NDA Government, candidly
admitted that the BJP-led regime also
could not succeed with the problem of
double taxation and spurt in subsidies.
In an
apparent reference to foreign investments
in India from Mauritius, he said the NDA
Government had to deal with the problem
of double taxation, and "we could
not succeed."
He,
however, noted that things were still
manageable when the NDA made way for the
UPA in 2004.
He said
even in February this year, inflation was
manageable at a rate of 4 per cent and
wondered what went wrong during the next
six weeks, resulting in its spiralling to
7.4 per cent.
With
regard to the subsidies, he said the
fertiliser subsidy had gone up from Rs
33,000 crore to Rs 1,05,000 crore while
those of food and petroleum products were
now pegged at Rs 58,000 crore and Rs
2,53,000 crore respectively.
"This
is a fiscal overhand, an exploding
timebomb...The Pay Commission bills are
yet to come...It is a fiscal trap,"
he observed.
Mr Singh
said it was a known fact that subsidies
had not benefited the farmers and the
real beneficiaries were traders.
The rise
in prices of wheat, pulses, rice and
vegetables had hit the common man hard
and all the attempts of the Government to
justify it would be futile.
He also
warned the Government against its
reported move to control the cement and
steel prices, saying the regime of
control would drive the commodities
underground and lead to blackmarketing.
"The
problem is that there are far too many
economists in the UPA Government and the
results are there for everyone to
see," he quipped. (UNI)
BJP
would intensify stir against inflation:
Naidu
VIJAYAWADA, Apr 17: The Bharatiya
Janata Party (BJP) would launch another
phase of stir on inflation if the
government fails to contain it before the
completion of the ongoing session of
Parliament, party vice-president M
Venkaiah Naidu said.
"The
present UPA Government has proved to be
incompetent as it did not have foresight
on how to contain inflation," Naidu
said while talking to media here.
He said
the Centre was taking excuse that the
present price rise was global phenomenon.
It did not take preventive measures
despite opposition parties warning the
Government time and again.
Naidu said
the Governments assurance to allot
Rs 25,000 crore for agriculture sector
development was still a non-starter.
He said
the Left parties just "threaten to
withdraw" support to the
Congress-led UPA Government at the Centre
but their threats never translate into
action.
Referring
to the Andhra Pradesh Governments
scheme to provide Rice at Rs 2 a kg to
poor, he said though it was an innovative
step, it should have been implemented
much earlier. (PTI)
|