8.7
pc growth projected despite challenges
FM likely to present
please-all budget today
*Economic Survey for wider reforms
NEW DELHI, Feb 28: On the heels of Railway
Minister Lalu Prasad presenting a populist
budget, Finance Minister P Chidambaram too is
expected to come out with a please-all budget
tomorrow.
Since this will be
the last full budget of the UPA Government, every
segment of the society, including individual
taxpayers and corporate, can expect some relief.
The skills of
Harvard-educated Chidambaram, who by profession
is a lawyer, would be put to test when he rises
to present in Lok Sabha the budget for 2008-09 -
a year that will see Assembly elections in seven
States followed by General Elections.
The budget will
offer the last opportunity to the Congress-led
UPA Government to win the confidence of voters
after the partys drubbing in Assembly
elections of Gujarat and Himachal Pradesh. The
Government is also faced with a growing protests
over farmers suicides in some parts of the
country.
With buoyancy in
tax collections, Chidambaram is expected to
announce bonanza for each constituency through
personal and Corporate Income Tax cuts, excise
duty relief and simplification of taxes and
massive funds for farm, rural employment and
other social projects.
Chidambaram, who
will be presenting his seventh budget in
Parliament, will have a tough time balancing
conflicting interests while presenting the
budget.
Railway Minister
Lalu Prasad has already presented a populist
budget which announced cuts in passenger fares
and selective reduction in freight rates, while
painting a rosy picture on its earnings.
The middle-class
and the industry remember his "dream"
budget of 1997-98 and expect a bonanza from
Chidambaram in terms of relief in Income Tax and
Excise duties.
Government
servants are expecting an announcement on
implementation of the Sixth Pay Commission.
Chidambaram is
also expected to announce massive funds for
social sector projects like National Rural
Employment Guarantee (NREG), Sarva Shiksha
Abhiyan, Rural Health and Power Sectors and big
debt-relief package of around Rs 30,000 crore for
farmers without disturbing the fiscal discipline.
Sources said
Chidambaram may announce cut in excise duty rates
across the board from 16 per cent to 14 per cent
or sector-specific duty cuts in the budget, while
customs duty rates could be retained to please
domestic industry.
Sectors like
pharmaceuticals, textile machinery, food
processing, paper and auto, including
two-wheelers and tyres, are expected to get
relief in excise duty, but like last year,
Chidambaram could also prune excise duty
exemptions to maintain revenue collections,
sources said.
According to the
Finance Ministry, due to various excise duty
exemptions, the estimated revenue foregone
touched Rs 99,690 crore in 2006-07 as against Rs
66,760 crore in the previous year. On Income Tax
cuts, the Minister himself has acknowledged that
with better tax compliance, there could be a case
for cut in rates.
The minimum income
threshold limit for Income Tax payer could be
raised from Rs 1,10,000 to Rs 1,25,000 or Rs
1,30,000, sources said. More income in the
pockets of consumers will boost demand for
consumer goods as well as household savings for
investment.
Concerned over the
slump in industrial production and to maintain
inflation around four per cent, he is also likely
to provide relief to the manufacturing sector by
marginally cutting excise duty rates or
sector-specific duties in the budget 2008-09
besides sops for exporters.
Meanwhile,
Economic Survey today called for 100 per cent FDI
in greenfield private rural agriculture banks,
phasing out controls on sugar, fertilisers and
drugs and private management of public transport
in metros and large cities, while projecting 8.7
per cent growth rate for the current fiscal
despite challenges.
Suggesting that
the FDI cap in the insurance sector be raised to
49 per cent, the 2007-08 survey, tabled by
Finance Minister P Chidambaram in Parliament,
makes out a case for raising foreign equity to 51
per cent in special category of insurance
companies providing all types of insurance to
rural residents and for agricultural-related
activities.
The companies in
this category would include those in the areas of
health and weather and activities like agro
processing.
Hinting at an
upward adjustment in the targeted growth rate of
8.7 per cent in the current fiscal, it noted that
it was revised upwards to 9.4 per cent in May
2007 and further to 9.6 per cent in the quick
estimates released by the CSO in January this
year.
"This
suggests that upward adjustments in 2007-08
projections are possible ...The new challenge is
to maintain growth at these levels, not to speak
of raising it further to double-digit
levels," it said.
According to the
survey, inflation, based on wholesale prices, was
expected to be about 4.4 per cent in the current
fiscal, based on 10 months data. It vowed to keep
prices under check by a prudent management of
demand and supply of commodities.
The challenges to
maintaining the growth momentum include the
threat of a global slowdown, especially in the US
economy, and impediments relating to the
infrastructure and other areas.
It said greater
integration of the economy with the rest of the
world had made inflation management complex, and
noted that increase in prices of petrol and
diesel, announced earlier this month, would add
19 basis points to the inflation rate.
On the
controversial issue of Special Economic Zones,
the Governments report card for the year
makes a case for checking the proliferation of
SEZs.
Giving his
reaction on the survey, Mr Chidambaram said the
outlook for 2008-09 was that of optimism, but
with caution as the watchword.
"We need to
capitalise on these opportunities while at the
same time responding to the evolving situation in
the global economy in a manner that our growth
story is not affected."
Heralding a
pronounced entry for private domestic and foreign
players in many critical sectors, the survey
calls for completing the process of selling 5 to
10 per cent equity in previously identified
profit-making non-Navratna
enterprises.
It suggests
listing of all unlisted Public Sector Enterprises
and selling of minimum of 10 per cent equity to
the public, besides auctioning of loss-making
PSEs that cannot be revived.
For those in which
the net worth is zero, negative bidding should be
permitted in the form of debt write off.
The survey is of
the view that The Coal Mines Nationalisation Act
needs to be amended to allow regulated private
entry into coal mining. Private old coal mines
ought to improve recovery of in-place
reserves by five to 10 per cent, subject to a
professional independent regulator for safety and
environmental issues.
It also pitches in
favour of amending the Factories Act to increase
work week to 60 hours from 48 hours at present
and daily limit to 12 hours to meet seasonal
demand through overtime.
In the oil sector,
it suggests selling off of old fields to the
private sector for application of improved and
enhanced oil recovery techniques.
The document says
in the case of the Railways Dedicated
Freight Corridor (DFC), public sector rail track
companies should be allowed to own new tracks and
signals.
Besides, there
should be free entry of private and
public-private partnership (PPP) rail freight
companies in the Railways flagship
programme.
On the issue of
FDI entry in the retail sector, which touched off
huge protests, the Survey recommends a share for
foreign equity in all retail trade. Further, 100
per cent foreign equity should be permitted in
foreign branded specialised retail chains, such
as luxury brands, consumer durables and
semi-durables.
The document
suggests introducing a separate section on
bankruptcy in the Company Law or bringing about a
new bankruptcy law that facilitates exit of old
and failed managements "as expeditiously as
possible".
The reform agenda
doled out by the Economic Survey, which gives an
insight into future policies and initiatives, is
likely to meet stiff resistance from the
Opposition and Left parties.
Analysts say that
these pronouncements would not be viewed kindly
by these parties in view of elections to 10 State
Assemblies this year and the general elections
thereafter.
Mr Chidambaram has
become synonymous with India growth story and has
projected his and his partys reformist
image by outlining these steps.
Under the proposal
for permitting 100 per cent FDI in greenfield
private rural-agricultural banks, it says such a
bank would be free to set up any number of
branches in a rural or semi-rural area and also
to lend to agriculture and allied sectors,
agro-processing and agro-input industries
anywhere in the country.
"Such a bank
would also be free to take over (buy out) other
private sector banks. As an incentive, such a
bank could be allowed expansion into small towns
when the general FDI policy on banks will be
liberalised," the Survey points out.
In its
prescription for streamlining urban transport
system, the document makes out a case for the
entry of organised private companies as these
will be able to use modern logistics and back
office system for planning routes and timings,
acquiring and analysing data on usage densities
and running an integrated peoples movement
system.
It also suggests
introducing a comprehensive system of road
parking fees in metros and large congested
cities.
Calling for a
second Green Revolution, mainly in the rain-fed
areas, to improve farmers income, the
survey warns that any slowdown in the already
fluctuating farm sector would hurt the economy.
It laments the loss of dynamism in the farm
sector and projects a slower 2.6 growth this
fiscal.
On the external
front, the document argues for further reduction
in customs duties, weeding out unnecessary
customs duty exemptions and abolishing export
schemes that are redundant with fall in import
duties.
While maintaining
a cautious approach on fuller convertibility of
the Rupee, it says the process should be
"gradual, sequenced and calibrated."
It calls for
evolving clear-cut policies on beneficial
Comprehensive Economic Cooperation Agreements
(CECAs) even with some developed countries
instead of just Preferential Trade Agreements
(PTAs) and Free Trade Agreements (FTAs), which
need to be integrated with the economic and trade
policy reforms.
The survey says
that keeping the economy at a growth rate of nine
per cent would be a challenge largely on account
of inflationary and infrastructure constraints.
Raising the growth rate to a double digit will be
even harder and would require further reforms.
It said a surge in
capital inflows, including FDI, would continue
"in the medium term", although
short-term inflows may moderate due to slightly
slower growth. This would ease pressure on the
exchange rate and accumulation of foreign
exchange reserves.
"Any
reduction in excess capital flows from the high
levels of 2007 may affect the equity markets in
the short term but will make the task of monetary
management easier," it added. (AGENCIES)
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Deoband
fatwa ruffles feathers of Kashmiri separatists
From Ahmed Ali Fayyaz
SRINAGAR,
Feb 28: The historic congregation of over
10,000 clergymen in the Sub-continent's
theological seat of Deoband on February 24-25 has
understandably ruffled the feathers of Kashmiri
separatist politicians and militants as the
declaration adopted unanimously has not only
dismissed "terrorism" as un-Islamic but
has also asked all Muslims to "continue
their loyalty towards their motherland". Two
days after the Kashmiri guerrilla outfit
Jamiat-ul-Mujahideen rejected the fatwa as
"poison for all Islamic movements in the
world", militant conglomerate Muttahida
Jihad Council (MJC) has termed the declaration as
"one-sided" and asserted that
"Jihad" would continue till Doomsday.
Identical
reactions to the declaration have poured in from
almost all separatist politicians, including some
militant outfits, who have invariably expressed
surprise over the fact that it has left no space
for the cause-and-consequence argument. Leaders
of the so-called moderate faction of the Hurriyat
Conference have made a reaction only when they
were contacted by mediapersons. Presently in the
United States of America, Chairman Mirwaiz Umar
Farooq is under no compulsion to make a
statement. Those who made an observation in the
last three days, seem to be invariably
disappointed as their famous argument of
'cause-and-consequence' has been ignored with
contempt.
In a mixture of
confusion and desperation, some of these
"moderate" separatist leaders, like the
fresh Hurriyat entrant Shabir Shah, have
partially welcomed the declaration. They sound to
be relieved over the fact that the declaration
has also been forcefully critical of the Indian
Police and security agencies for targeting the
Muslims and their religious schools and labeling
them as "terrorists". Leaders of
Kashmir's Jamaat-e-Islami, who have been often
influenced by Jamaat-e-Islami of Pakistan and
maintained distance from Jamaat-e-Islami Hind,
have taken pleasure in the fact that some leaders
at the conclave have described the US President
as the world's "biggest terrorist".
Kashmir's head
Mufti, Bashir-ud-din, has been the one-odd
Kashmiri Muslim theologian who has fully endorsed
the Deoband declaration in unambiguous terms.
According to a Chandigarh-based newspaper, Mufti
Bashir-ud-din has termed "all killings in
the name of Islam, including those in
Kashmir" as Un-Islamic.
The most emphatic
reaction among all Kashmiri separatist leaders
has come from none other than the estranged
Jamaat ideologue and Chairman of the so-called
hardline faction of Hurriyat, Syed Ali Shah
Geelani. Unlike all of his Azadi colleagues,
Geelani has made it a point to contact a number
of Srinagar-based newspapers and news agencies so
as to register his protest. Like all of his
colleagues, Geelani is surprised as to why the
Deoband declaration has "not drawn a line of
demarcation" between the "armed
struggles of genuine cause" and
"terrorism". He has, as usual, argued
that the militancy in Jammu and Kashmir and some
Muslim countries was a "consequence of the
State terrorism".
While most of the
separatist leaders have endorsed that all acts of
terrorism and killing of innocent people were
un-Islamic, they have implicitly asserted that
Kashmiri militants were not indulging in acts of
terrorism.
Radical militant
outfit, Jamiat-ul-Mujahideen, has categorically
rejected the fatwa with the allegation that it
was a "poison for all Islamic movements in
the world". It was quickly seconded by
Muzaffarabad-based amalgam of 14 militant
organisations, MJC, which observed that the
declaration had not distinguished between
"terrorism and Jihad". In a statement
today, MJC spokesman Sadaqat Hussain expressed
surprise that the Deoband clerics had not lent
any sanctity to the "Jihad Fi
Sabeelillah" in Palestine, Kashmir, Iraq,
Afghanistan, Chechnya etc. He has desired to know
why India had not been mentioned as "tyrant
and oppressor" in Kashmir by Maulana Madni
of Jamiat-e-Ulema-e-Hind who had
"rightly" called George Bush as the
Muslim world's "terrorist".
The MJC spokesman
has alleged that Maulana Madni had just made an
attempt to appease the Government of India. He
has asserted that "Jihad" (in Kashmir
and other places) would continue till Doomsday.
Deoband
declaration is unprecedented for it first time
that a gathering of over 10,000 clergymen,
representing nearly 6,000 Islamic madrasas all
over India, has denounced "terrorism in all
its manifestations". With the participation
of more than 50,000 students, it has
unequivocally specified that all acts of
terrorism in the name of Islam---violence,
oppression, mischief, rioting, murder---were
un-Islamic.
The organisers
also called upon all Muslims to continue
"their loyalty towards motherland".
More importantly, the anti-terrorism conference
was attended by all schools of thought including
Deobandis, Bareilvis, Ahl-e-Hadith, Shias,
besides top-ranking representatives of Rabita
Madaras-e-Islamia Arabia, Jamiat-e-Ulema-e-Hind,
Jamaat-e-Islami Hind and All India Muslim
Personal Board.
Notwithstand the
fact that in most of the political and religious
matters, Kashmiri Muslims and those in rest of
India have not been on one alignment, Deoband
declaration has a tremendous potential of
isolating a fairly good section of population
from the militant mainstream. While a top
thinktank of Darul Uloom Deoband, Maulana Anzar
Shah Kashmiri, has been a frequent visitor to
Mirwaiz Manzil, both Deobandis as well as
Bareilvis, have not only established two separate
chains of madrasas all over the Valley but have
also gained control of hundreds of mosques,
particularly in the last 10 years. Reports said
that the congregation in Deoband had also a
"reasonable representation" from
Kashmir.
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NC
to frame study group on KP migrants
Release white paper on Rs
24,000 cr package: Omar
*Mufti responsible for militancy in State
By Mohinder Verma
JAMMU,
Feb 28: Accusing Coalition Government in
the State of inept handling of financial
resources and misutilisation of huge sums of
money being pumped into States economy in
the shape of packages and programmes by the
Central Government, the National Conference today
demanded a white paper on utilisation of much
hyped Rs 24,000 crore package and its impact on
the ground.
"The
announcements made in the Union Budget are never
implemented in toto particularly in Jammu and
Kashmir and thats why we are not expecting
much from the last budget of the UPA Government
to be presented by the Finance Minister P
Chidambaran tomorrow", he said while talking
to media-persons soon after the conclusion of the
three day session of the Working Committee of the
party here this evening.
"All what we
demand is release of white paper on Rs 24,000
crore central assistance given to the Coalition
Government in the State", he said, adding
"everybody in the State has a right to know
where such a huge sum of amount has gone and how
many people have derived the benefit of the
same".
Alleging that the
Coalition Government handled the financial
resources of the State in whimsical manner, he
said that populism and adhocism were the order of
the day and big projects are announced and
allotted without adhering to codal formalities
and adequate resources with the results payments
for work done are getting inordinately deferred
at the Treasuries where bills and claims more
than Rs 530 crores were pending and consequently
slowing down works.
"The
industrial package which was given to the State
with my efforts as Union Minister was also given
to the adjoining States by the Centre at later
stage as a result of which Jammu and Kashmir
suffered immensely", the National Conference
president said.
Disclosing that
partys poll strategy was discussed in
detail in the working committee meeting, he said
that in the coming days the party will analyze
its strength, weaknesses and opportunities before
giving final shape to the strategy for
forthcoming elections in the State.
"We will
consider the pre-poll alliance provided there are
opportunities which can benefit the party as well
as the State", Mr Omar said. He, however,
made it clear that as of now no discussion with
any party was going on.
Terming three
important resolutions passed in the Working
Committee meeting as outline of the partys
manifesto for the elections, he said "there
is much more in the manifesto. We will have to
lay focus on social sector, health sector and
most important the unemployed youth before
finalising partys `full of surprises
manifesto".
He disclosed that
study group of five senior members of the party
will be framed shortly to visit the camps of the
Kashmiri Pandit migrants both within and outside
the State. The group will assess the problems of
the KPs and read their mind vis-a-vis
expectations from the party, he added. Similarly,
the group will talk to other refugees.
Announcing that
regional autonomy will continue to be a poll
plank, the National Conference president said
"unlike Peoples Democratic Party (PDP)
which has no firm stand even on the self-rule, we
never changed our stand. We are still of the
opinion that regional autonomy is the only
solution to the Kashmir issue and can bring an
end to the regional disparity".
In reply to a
question, he said that party will consult the
grass root level workers before finalising a
strategy to select the partys candidates
for the elections without much confusion.
"Although it is not possible to win 100 per
cent seats, however, we will focus on all
Assembly segments across the State", he
further said.
"Only Dr
Farooq Abdullah will be the Chief Ministerial
candidate of the party", he said in response
to an another question and said that he will
himself campaign on all the seats to ensure
marvelous victory of the party.
Alleging that the
ultimate objectives of the Round Table
Conferences (RTCs) and Working Groups have not
been achieved despite much hectic exercise, he
said that even their recommendations have become
the political slogans of the
Coalition partners, who wanted to take the credit
of the same in the elections despite the fact
that all the sections of the society irrespective
of party affiliations played crucial role in the
Working Groups for the betterment of the State
and its people.
"It is
unfortunate that meeting of important Working
Group on Centre-State relations could not be held
for the past several months despite the fact that
only political solution is the key to Kashmir
issue", he said and held the Coalition
Government responsible for the same.
The National
Conference president said: "Its the
job of Coalition Government to build up the
consensus for the 5th Working Group. The group
should not become victim of lack of
consensus". He, however, announced active
support of the National Conference for the
consensus.
Launching tirade
against the Peoples Democratic Party (PDP)
patron Mufti Mohammad Sayeed, he said
"its not enough to demand withdrawal
of Armed Forces Special Powers Act (AFSPC). Mufti
should owe and apologize for all the mistakes
committed by him as the then Home Minister",
adding "Mufti had played vital role in
giving birth to the militancy in the State".
To a question, he
said "if we will be back to the power strict
action would be taken against the tainted
ministers in the Coalition Government".
The National
Conference president said that United Progressive
Alliance (UPA) Government has lost golden
opportunity to resolve the Kashmir issue and take
the ongoing peace process between the two
countries to its logical conclusion.
"Earlier
there was only General Pervez Musharraf who had
to take any decision but now we will have to
start from zero, rewrite the whole process with
the new dispensation in the neighbouring country,
rebuild the relations and trust", he said,
adding "we even dont know whether the
new Government will take forward Musharrafs
four point formula or not".
He hoped that both
the countries will be able to produce something
out of the ashes.
Earlier, the
Working Committee passed three important
resolutions. According to the economic resolution
the party if comes to power will provide visible
thrust to people friendly scheme and programmes
and to core sectors of the economy like
horticulture, agriculture, industry and
handicrafts. It will not run the State like a
factory in double and triple shifts but shall
give impetus to the forces of development and
growth by efficiently operationalising the single
line system of administration. It will formulate
and implement innovative programmes for the
unemployed youth of the State.
The working
committee also deliberated on the prevailing
political situation in the State besides
restoration of democracy in the neighbouring
country and turmoil and bloodshed in Iraq.
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Parliament
rocked again over farmers' issue
NEW DELHI, Feb 28: "You are all working
overtime to finish democracy in this
country", a visibly angry Lok Sabha Speaker
Somnath Chatterjee burst out seeing proceedings
being disrupted in Parliament for the third
consecutive day over the farmers issue.
Both the Lok Sabha
and the Rajya Sabha were adjourned for the day
after Opposition members raised slogans demanding
loan waiver to farmers.
"It is matter
of great sorrow...On the one hand, you are asking
for more sittings..So many notices have been
given by so many honourable members. These
important matters cannot be discussed. The
discussion on the Motion of Thanks on the
Presidents Address is to start today,"
Chatterjee said in the Lok Sabha regretting that
the members were "not willing to work".
"You are
working overtime to finish democracy in this
country," he remarked when members turned a
deaf ear to his repeated pleas to allow the House
to take up important business.
Finding the
members in an unrelenting mood, Chatterjee said
"with great sorrow, sadness and resentment,
I am forced to adjourn the House".
With an eye on
the likely farmers package being announced
in the budget tomorrow, the political parties
have been jockeying to position themselves as
being responsible for securing it.
The only redeeming
feature in the House was that Finance Minister P
Chidambaram was allowed to present the Economic
Survey 2007-08 without any disturbance.
In the din, RJD
members raised the issue of attacks on north
Indians in Mumbai with some of them shouting
slogans against MNS chief Raj Thackeray.
BJP, Shiv Sena and
Akali Dal members trooped to the well demanding
immediate loan waiver to farmers. Members from
Samajwadi Party and TDP also positioned
themselves pressing for a better deal for the
farmers.
The Rajya Sabha,
which saw an adjournment in the Question Hour,
called it a day soon after it reassembled for
Zero Hour amid similar scenes.
Deputy Chairman K
Rahman Khan asked ministers to lay papers while
Third Front and NDA members kept shouting slogans
in the well.
The House took up
the Motion of Thanks on the Presidents
Address. Prime Minister Manmohan Singh was
present in the House when Congress member
Janardan Dwivedi moved the motion.
As the uproar
continued, Khan adjourned the House till
tomorrow.(PTI)
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Rajouri
girl sold in Mumbai, recovered
Excelsior Correspondent
RAJOURI,
Feb 28: Sold in Mumbai for the petty amount
of just Rs 35,000, a young girl kidnapped from
Rajouri village by a local man was recovered by
police today.
22-year-old Rubina
Kausar, hailing from Bathuni village falling
under Rajouri police jurisdiction was allegedly
kidnapped by Mohd Shabir (42), son of Abdul Ahad,
resident of Sawjian in Poonch with the help of a
local villager on February 13.
Earlier, the
family members lodged a missing report and later
it was discovered that the young girl had been
kidnapped. The villagers mounted pressure on the
district police and the DIG, Poonch Rajouri Range
constituted a special police team under the
supervision of Addl SP Rajouri, Shabir Ahmed
Khan.
During
investigation a clue was established that man has
been slipped to Mumbai as he had been staying
there for the last several years and was frequent
visitor to the area. A police team led by SI Mohd
Ashraf left for Mumbai and managed to trace the
girl with the help of Mumbai police from a
Jhonpar Patti area.
It was learnt that
girl had been sold to the two persons of Mumbai
for Rs 35,000 and they were trying to force her
to prostitution. The girl disclosed that she was
given some stuff and became semi-conscious during
the journey and was repeatedly threatened to
throw out of the running train if she opened
mouth. The police also managed to arrest prime
accused, Mohd Shabir of Sawjian while a manhunt
was on to nab other accused connected with the
offence. The girl after the conduct of Medical
examination is being handed over to the family.
The locals have lauded the efforts of Rajouri
police in working out the case.
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Pakaldul
hydel project awaits techno-economic clearance
By Gopal Sharma
JAMMU,
Feb 28: Pakaldul hydro-electric power
project which is being constructed in Kishtwar
district of Jammu region awaits techno- economic
clearance from the Centre while the Detailed
Project Report has already been prepared by the
National Hydro-electric Power Corporation (NHPC).
Sources in the
Power Development Department said that the NHPC
has been allotted seven power projects and out of
these, Pakaldul project of 1000- MW capacity is
now awaiting techno-economic clearance as the
NHPC has already completed the detailed project
report. The State Government has requested the
Centre for the handing over of this project back
to the State like Dul Hasti power project.
The project about
90 km from Kishtwar will be constructed in the
Marwah area of district Kishtwar on the tributary
of river Chenab namely-Marusudar. The road link
is there up to Pattimahal which is nearly 40 kms
from district headquarters. The NHPC has already
taken up the road connectivity task. From Pakal
to Dul a tunnel will be constructed to bring
water of Marusudar stream.
The NHPC has
presently taken up seven projects. These are -
Bersar Hydel project of 1020 MW capacity, Nimmo
Bazgo of 45 MW, Chutak of 44 MW, Kishenganga HEP
of 330 MW, Sewa-II of 120 MW, Pakaldul of 1000 MW
and Uri-II of 280 MW capacity. A total 1839 MW
power will be generated with the completion of
these projects. Out of these, six projects are in
the preliminary stage of execution. The total
hydel power generated with the completion of
these projects by the next financial year will be
around 1680 WM.
The sources
further said that 93 MW multi-purpose Ganderbal
project envisaging irrigation, drinking water and
power generation was earlier taken up in 1990 but
was abandoned. The estimated cost of the project
is Rs 748 cr and the Asian Development Bank will
be providing funds for the same. A team of the
ADB recently visited Kashmir valley for the spot
assessment of the project site and also held
discussions with the top Government functionaries
here. The Board of Directors of the Power
Development Corporation has approved the
implementation of the project and the faster
project delivery special purpose vehicle (SPV) is
being formed for the same.
Referring to the
Micro-hydel power project policy of the State,
the sources disclosed that at present 10 micro-
hydel power projects with the cost of Rs 744 cr
and nearly 108 MW capacity have been taken by
various private companies. Under phase-II, 18
more such projects have been tendered for which
request for qualification were received. Out of
the total, four of them namely- Athwatho of 7.5
MW capacity, Tangmarg 6 MW, Brenwar 5 MW and
Ranjala Daunadi 7 MW capacity are in the advanced
staged of completion.
Data compiled from
the PDD indicated that the generation capacity of
the power projects in State sector including
micro power projects under consideration is
4307.26 MWs. Out of this total, 308.70 MW is
presently being harnessed while as additional 450
MWs will be harnessed by the end of this
financial year. 3107.26 MWs is anticipated to be
harnessed by the end of 11th five year plan which
includes first phase of Pakaldul and Micro Hydel
Project -Army 200 MWs and Mirco hydel projects
-IPP of 182.55 MWs.
Two power projects
Kiri 600 MWs and Kawar 520 MW are being developed
under the joint ventures with the NHPC and NTPC,
while the power project Ratle 690 MW will be
implemented through private producers as per the
decision of the Board of Directors of the JKPDC.
Over
3500 militancy victims await justice under SRO-43
*Govt pins hopes on Centre
By Sanjeev Pargal
JAMMU,
Feb 28: Notwithstanding several Confidence
Building Measures (CBMs) initiated by the Centre
and State Government for militancy victims, over
3500 people affected by two decades long Pakistan
abetted violence are still awaiting relief in the
form of compassionate appointments.
A family member of
every person killed by the militants or a
civilian who died during the cross firing is
entitled to compassionate appointment under
SRO-43 of the Government.
According to
official sources, as many as 3688 cases of
compassionate appointments under SRO-43 were
pending with the Government. The time the
Government can take to settle 3688 cases of
militancy victims can be well gauged from the
fact that only 826 militancy related
compassionate appointments were made under SRO 43
during last three years which revealed that, on
an average, less than 300 cases were settled in a
year.
If the same
average of appointments continued, the present
number of cases might take 12 years to settle.
With no let up in civilian killings, the number
of such appointments continue to grow.
One of the five
Working Groups set up by Prime Minister Dr
Manmohan Singh on Jammu and Kashmir had, in its
report submitted to the Prime Minister last year,
proposed that one lakh relief paid to kin of a
militancy victims should be raised to Rs 5 lakh
and SRO 43 appointments should be done away with
in view of shortage of vacancies.
According to
official figures, Kupwara district in Kashmir
valley topped the number of pending compassionate
appointments at 616 followed by Baramulla
district which has 435 pending cases.
Three hundred and
ninety cases of appointments under SRO-43 are
pending in Srinagar while the number of pending
cases was 385 in Anantnag district.
In Jammu region,
militancy infested Doda and Kishtwar districts
topped the number of pending cases of
compassionate appointments. While 269 such cases
were pending in Doda, Kishtwar had 242 persons
awaiting appointments under SRO-43.
In Budgam
district, 234 such cases were pending while the
number was 219 in Pulwama district.
In Leh and Kargil
districts, which remained unaffected by the
militancy, no such cases were pending. In Reasi
district too, no such case was pending with the
Government, according to the figures.
SRO-43 cases
pending in other districts include Ganderbal
(165), Shopian (83), Kulgam (161), Bandipora
(129), Jammu (23), Samba (1), Kathua (3),
Udhampur (28), Ramban (89) and Poonch (97).
According to
sources, reasons for such a large number of
pending cases was non-availability of Class-IV
vacancies in the districts. The Government has
formulated a policy in 2006 vide Order No. 42-GAD
of 2006 dated 9.1.2006 under which 50 per cent of
Class IV posts, available in the districts, were
to be utilised for settlement of pending SRO 43
cases in chronological order maintained by the
Deputy Commissioners.
The Government has
identified 916 Class-IV vacancies for settlement
of pending compassionate appointment. The State
Government, according to official sources, has
also taken up the issue of pending SRO-43 cases
with the Central Government in the light of
Working Group recommendations. The Government was
hopeful that the Centre will come to rescue of
the State, sources said.
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Army to
get Pinaka rockets today
NAGPUR, Feb 28: The first batch of the
fully indigenously developed Pinaka rocket will
be formally handed over to the Indian Army at a
ceremony to be held at the Ordnance Factory near
Chandrapur in Vidarbha region of Maharashtra
tomorrow.
Vice Chief of Army
Staff Lt Gen M L Naidu will be the chief guest at
the ceremony, according to a press release from
the Ministry of Defence (MoD) here.
The 155 mm
Base Bleed ammunition will also be
formally handed over to the Indian Army in the
same function.
The Pinaka rocket
has been developed by a team of engineers and
technicians at the Ordnance Factory at Ambazari
(OFAJ) near here on the basis of design by
Defence Research and Development Organisation
(DRDO).
The target is to
hand over 300 rockets to the Army this year, and
1,000 per year from next year. The 4.95-metre
long rocket, which will be used by the artillery
primarily for neutralising enemy infrastructure
like ammo dumps and airstrips, travels at a speed
of 1,000 metre per second at full burn and has a
range of 38 kilometre.
The
276-kilogram Pinaka is propelled by a solid
propellant in two tubes, and can carry a warhead
of 100 kilogram. A battery of six Pinaka rockets
can neutralise an area of 1,000 metres by 800
metre. The warhead carries a mixture of RDX and
aluminium. The main role of the system is to hit
targets beyond the capabilities of existing
conventional guns.
The system is
capable of delivering a high volume of indirect
fire in a short period against critical,
time-sensitive and high-value artillery targets.
The weapon is designed to supplement conventional
artillery in its modern requirement of accurate
placement of massive firepower over large impact
areas at long range.
The 155 mm
Base Bleed ammunition has also been
developed by OFAJ through in-house research and
development for use with the Bofors gun. A total
of 20,000 systems will be manufactured this year,
and 50,000 next year. (UNI)
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Women to
guard borders
NEW DELHI, Feb 28: Breaking another male
domain, women will soon guard the borders of the
country with the Government deciding to recruit
750 women constables for the Border Security
Force (BSF).
The Union Home
Ministry has sanctioned the recruitment of 750
women constables for the 2,10,261-strong BSF and
a notification in this regard was issued last
evening.
Out of the 750
personnel, 650 will be deployed in Punjab while
the remaining will be put on duty in West Bengal,
BSF Director General A K Mitra told reporters
here today.
"The sanction
is against normal vacancies and the Home Ministry
has decided to recruit women constables this
time. No officers will be recruited this
time," he said.
The ministry will
also ask the CRPF to depute some women officers
to BSF, Mitra added.
Though BSF has
women in ministerial staff, this will be the
first time that constables will be recruited to
constabulary.
A senior BSF
official said women will be deployed in border
areas and this move is being perceived as very
important in the wake of movement of women across
borders.
"These women
will assist those already deployed in border
areas. They will help in the screening the women
who are crossing the borders and so on," he
added.
However, he said,
unlike CRPF, BSF has no plans to raise an
exclusive battalion of women as of now.
Among
para-military forces, CRPF has two exclusive
battalions of women and a 100-member strong
company is in Liberia to assist the UN
Peacekeeping Force there.
Emphasising the
need for an increase in the number of women in
police forces, Home Minister Shivraj Patil has
hoped that their number will constitute 10 per
cent of the total manpower within a decade. (PTI)
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Special
trains for Holi rush
NEW DELHI, Feb 28: In an effort to tackle
Holi rush, Northern Railway has announced that it
will run AC Superfast, Superfast and unreserved
Holi Special Trains to New Delhi from Jammu Tawi,
Varanasi, Lucknow, Patna, Darbhanga and Ludhiana
between March 15 to April 1.
There will also be
two special trains between Ludhiana and Saharsa
and Varanasi and Jammu Tawi.
The 0403B New
Delhi-Jammu Tawi AC Superfast Special train will
depart from New Delhi at 2030 hrs to arrive Jammu
Tawi at 0530hrs the next day.
In the return
direction the 0404A train will depart from Jammu
Tawi at 2045 hrs to arrive New Delhi at 0645 hrs
the next day. It will run six days a week except
on Friday from New Delhi and except on Saturday
from Jammu Tawi, and will stop at Ambala,
Ludhiana, Jalandhar Cantt. And Chakki Bank
stations enroute in both the directions.
The 2457A
Varanasi-Delhi Superfast Special train will run
daily from March 15 to 31. It will depart from
Varanasi at 2000 hrs to arrive Delhi Jn at 0855
hrs the next day.
In the return
direction, its counterpart (2458A) will run daily
from March 16 to April 1 to depart at 1815 hrs
from Delhi and arrive Varanasi at 0730 hrs the
next day. It will stop at Sultanpur, Lucknow,
Moradabad and Ghaziabad stations enroute in both
the directions.
The 2230B Hazrat
Nizamuddin-Lucknow Superfast Special train will
depart from Hazrat Nizamuddin at 2100 hrs on
March 20 to arrive Lucknow at 0530 hrs the next
day. In the return direction the 2229B Lucknow-
Hazrat Nizamuddin Superfast Special train will
depart from Lucknow at 1300hrs to arrive Hazrat
Nizamuddin at 0930 hrs the same day.
The 2230B/2229B
Hazrat Nizamuddin-Lucknow Superfast Special train
will stop at Ghaziabad, Mordabad and Bareilly
stations enroute in both the directions.
The 2003A
Lucknow-New Delhi Shatabdi Special train will
depart from Lucknow at 0550 hrs from March 15 to
31 (except on March 22) to arrive New Delhi at
1310 hrs the same day. In the return direction
the 2004B Shatabdi will depart from New Delhi at
1520 hrs from March 15 to 31 to arrive Lucknow at
2250 hrs the same day.
It will stop at
Ghaziabad, Moradabad and Bareilly stations
enroute in both the directions.
The 2394A New
Delhi-Patna Superfast Special train will depart
from New Delhi at 1730 hrs from March 15 to 20 to
arrive at Patna at 0815 hrs the next day.
In the return
direction the train will depart from Patna at
0930 hrs from March 16 to 20 and 23 to arrive New
Delhi at 0340 hrs the next day.
It will stop at
Mughalsarai, Buxar, Ara and Danapur stations
enroute in both the directions.
The 4006A Delhi
Sarai Rohilla-Darbhanga Special train will depart
from Delhi Sarai Rohilla at 2015 hrs from March
15 to 20 to arrive Darbhanga at 2345 hrs the next
day.
In the return
direction the train will depart from Darbhanga at
0700 hrs from March 17 to 21 and 23 to arrive
Delhi Sarai Rohilla at 0740hrs the next day.
It will stop at
New Delhi, Sahibabad, Ghaziabad, Kanpur Central,
Allahabad, Varanasi, Balia, Chhapra, Sonepur,
Hazipur, Muzaffarpur & Samastipur stations
enroute in both the directions. (UNI)
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CRPF,
JKP for more cooperation
SRINAGAR, Feb 28: Director Generals of
Central Reserve Police Force (CRPF) and Police
stressed the need for more cooperation between
the two forces for better results.
A high-level
meeting between CRPF DG SIS Ahmed and J&K
Police chief Kuldeep Khoda was also attended by
Inspector General of Police Kashmir S M Sahai, IG
Operations CRPF M S Gupta, IG, CRPF
Administration, S K Jain and IG CRPF Jammu.
The meeting
discussed in detail measures being taken for
enchancing cooperation between CRPF and police
during internal security of the State,
particularly in the Kashmir valley.
Official sources
said it was decided during the meet to further
strengthen the operational capabilities of both
the agencies for better results.
They said stress
was also laid on how to meet the challenge in
densely built up areas. Measures were also
discussed which would help to reduce the
collateral damage during counter insurgency
operations.
It was also
decided in the meeting that there will be greater
participatory role of both the agencies during
the operations against the militants in Kashmir.
They said the
present security scenario of the Valley and the
steps for further improvement were also discussed
in the meeting. (UNI)
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Dhumal
assures help to Kashmiris
SHIMLA, Feb 28: Himachal Pradesh Chief
Minister Prem Kumar Dhumal today assured migrated
Kashmiris that their interests were "dear to
the State Government".
He was addressing
members of the Kashmiri Hindu Welfare Association
(KHWA), at Dharamshala, which organised a civic
reception in his honour at Dharamshala, late last
evening.
He said Himachal
Pradesh happened to be the most peaceful State
where life and property of the people were safe
and protected and assured the migrated Kashmiris
that the State would not be indifferent to their
requirements and treat them at par with the
residents of the State.
The Chief Minister
assured the association of providing all possible
aid from the State Government in granting
eligible Kashmiris permission to purchase land
for construction of houses under the prevalent
provisions of the State after observing all codal
formalities.
He said adverse
circumstances in Jammu and Kashmir had forced
Kashmiri Hindus to migrate out of the State to
find refuge here, adding it was unfortunate that
people living in the State since generations were
deprived of their legitimate right to stay in
their home land.
The Chief Minister
said he was concerned about the inconvenience
being faced by migrated population in starting
their life afresh in a new environment and among
the different people and stressed the need to
create congenial atmosphere with security to life
and property back home so that people could
return to their ancestral homes.
Mr Dhumal also
advised the Kashmiri Hindus living in the State
that they needed to keep in touch with their rich
cultural heritage and groom their children in the
Kashmiri way of life to keep the traditions alive
with the coming generations. He said the social
values of the Kashmiri society would help the
youngsters to grow into responsible
citizens.(UNI)
Major
setback to Hizbul Mujahideen in south Kashmir
4 militants killed in Shopian gunbattle
From Ahmed Ali Fayyaz
SRINAGAR,
: In
a major setback to Hizbul Mujahideen in south
Kashmir, Police and Army have killed four
Kashmiri militants in an overnight gunbattle at
Saidpora in Shopoian district.
Informed sources
told EXCELSIOR that Pulwama Police and troops of
Rashtriya Rifles 44 Bn launched a
cordon-and-search operation in an open orchard
area at Saidpora, in close vicinity of the
district headquarters of Shopian in south Kashmir
over a specific information last evening. Four
militants of Hizbul Mujahideen were, according to
the tip off, hiding at the isolated house of one
Mohammad Shaban Sheikh S/o Abdul Gafoor Sheikh.
As soon as men of
the Special Operations Group (SOG) of J&K
Police and troops of RR 44 Bn swooped on the
target house, the holed up militants opened fire
and made sustained efforts to escape from the
cordoned locality. Troops installed diesel
generators and maintained a tight cordon till
0900 hours this morning when all four of the
holed up militants got killed in a fierce
gunbattle.
Even as residents
insisted that one of the four killed, namely
Sayyar Ahmed Thokar of Chak Cholan was a
civilian, Additional SP Pulwama, Abdul Qayoom,
maintained that all four were armed militants. He
said that 3 AK-47 rifles and a Sniper rifle were
recovered from possession of the militants
killed. He said that the militants killed in the
operation had been identified as Sayyar Ahmed
Thokar and Riyaz Ahmed Thokar alias Abu Jihad of
Chak Cholan, Sayyar Ahmed Bhat of Kilbal and
Mohammad Iqbal of Udoora, Shopian.
According to Mr
Qayoom, Sayyar Ahmed Thokar of Chak Cholan had
formally joined Hizbul Mujahideen as late as on
February 27 while as his neighbourer Riyaz Ahmed
Thokar had been actively working as a militant
since April last year. He, however, said that
Sayyar Ahmed Bhat of Kilbal was a member of
Al-Badar Mujahideen. Mr Qayoom claimed that
neither security forces nor civilians suffered
any damage in the 18-hour-long operation.
Officials said
that the killing of four militants was a major
achievement for security forces and
simultaneously a significant setback for Hizbul
Mujahideen which had already lost a number of its
cadres and commanders in Police and military
operations in south Kashmir in the last two
years.
Border Security
Force (BSF) has meanwhile claimed to have
apprehended a militant of Al-Bader outfit, namely
Mushtaq Ahmad Bhat S/o Gh Rasool R/o Kalaroos,
Kupwara, alongwith one Chinese pistol.
An official
spokesman said that a 10-year-old boy, namely
Qadafi Manzoor S/o Manzoor Ahmad Rather R/o
Marazi Mohalla, Chitti Bandi, Bandipora,
sustained splinter injuries while fiddling with
an explosive substance he had picked up outside
his village. He has been rushed to Bandipora town
for medical treatment.
The spokesman said
that a local recruit of Territorial Army, namely
Fayaz Ahmad Bajad, S/o Ishar Bajad R/o Poshker,
Kangan, has kidnapped a young woman, Sakeena W/o
Nazir Ahmad Bajad R/o Kati Wangath, allegedly on
gunpoint. Police Station Kangan has registered a
matter of kidnapping and launched manhunt for the
accused soldier.
END
Government
is generous in response to farm sector: PM
NEW
DELHI : Hailing farmers as the "most
important businessmen", Prime Minister
Manmohan Singh today said the Government has been
generous in its response to deal with the
depression in agriculture sector while
complimenting Finance Minister P Chidambaram for
doing a "very good job".
"I sincerely
believe the Government has been generous in its
response. It is an unorthodox response. But
considering the amount of depression that
prevails in the agriculture sector, this is a
response mechanism that is justified," Singh
said in his post-Budget comments.
Analysing the
measures announced by Chidambaram in the Budget,
he said the Government would list some more
Public Sector Undertakings and noted that
"markets are thirsty for good new chips.
"We have to
explore all processes of enhancing our resources,
including listing the enterprises in the
markets," Singh said.
Listing out
inflation and international recession as causes
for concern, he said, "We will have to
tackle both worries. There is a worry that
international recession will impact the growth
process. Rise in commodity prices, petroleum
prices will lead to more inflation.
"So, we have
to strike a balance. The Finance Minister has
done a very good job. He has kept the fiscal
deficit, the revenue deficit under control.
Simultaneously, he has ensured if some adverse
wind comes from outside the country, he has used
the excise duty reductions," Singh said.
The Prime Minister
said Chidambaram has taken good care that both
the eventualities of international recession and
petroleum price increase do not impeach the
growth process of the country.
"Growth
stability with reasonable price stability is the
main objective of our Government," he said.
Asked if this was
the final budget of this Government, he quipped,
"We have a chance."
Further on the
agriculture sector, Singh said the general
feeling in the country is that agriculture in our
country is not doing well and the farmers are not
becoming active partners in the accelerated
economic growth.
"Farmers are
the most important businessmen. They produce
essential commodities," he said.
Singh said the
agricultural growth rate has to be increased and
the Finance Minister has enlisted a large number
of measures to give a boost to the sector,
focusing mainly on bringing more area under
irrigation.
"In the next
four to five years, there will be a favourable
impact on agricultural production," he said.
Talking about the
initiatives announced in the Common Minimum
Programme of the UPA, he said with the exception
of the Womens Reservation Bill, the
Government has touched all areas listed in the
document.
"I would be
the last one to say that everything has been
completed, but a beginning has been made in all
areas listed in the Common Minimum
Programme," Singh said.
On measures being
taken to deal with PSUs that were not doing well,
he said selling off PSUs was a small part of the
strategy and the Government has revitalised a
large number of public enterprises.
Asked about
regional disparities, Singh said the Backward
Area Grant Fund was one way to deal with the
issue.
He said the
Finance Minister has put Rs 6,000 crore into the
fund and 45 per cent of it would go to the
backward states of Bihar, Orissa and Madhya
Pradesh.
"India lives
in the states. The Central Government can make
allocations, but the implementation of most of
the programmes is in the hands of the State
Government," Singh said and noted that the
quality of governance at the level of the State
Government and at the level of local bodies
require a revisit.
He said there was
a mixed picture in terms of Panchayati Raj.
"It is doing well in some areas and not so
well in the others. We need to strengthen the
administrative, technical and managerial
capabilities of these institutions," Singh
said.
On the issue of
increasing investment in the education sector, he
said FDI in the area could not be ruled out.
Singh said the
main priorities of the Government are to ensure
the growth processes are sustained, price
stability is maintained and flagship programmes
like NREGA, NRHM, JNNURM and Bharat Nirman are
adequately funded and effectively implemented.
(PTI)
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