EDITORIAL
Nip
the crime
Some outrageous events
that have taken place in the State during the last few
days deserve a surgical analysis. Anywhere else they
would have shaken society as a whole. In our case they
have hardly caused ripples beyond the areas of their
occurrence. This is unfortunate. They are indicative of
the malaise prevailing in our social order. On the one
hand we have lecherous beasts among us. There is on the
other hand a distinct lack of respect for law-enforcers.
A minor girl is kidnapped from Bishnah which is as good
as a part of this city whatever its administrative status
otherwise. She is recovered later from R.S. Pura. The
kidnapper is arrested but his three accomplices are still
untraceable. Are we not stunned by the sheer audacity of
those who have planned and executed the crime? What has
emboldened them to think that they can get away after
committing a heinous act like this? The same query is
relevant in another similar happening in faraway Budhal
in Rajouri district. Two teenaged girls are kept in
illegal..more
Loss
and lesson
By no stretch of
imagination can the loss of 71 animals including goats
and sheep in a road accident be described as small. It is
enormous for their owner. They have been overrun by a
truck on the Dhar road in Udhampur. Clearly it was being
driven rashly. About 30 animals have also been injured.
The dead animals got stuck in wheels ....more
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Indo
American nuke deal
By Indu Prakash Singh
The former
National Security Advisor, Mr. Brajesh Mishra, who was
considered to be very close to Prime Minister, Mr. Atal
Behari Vajpayee, has endorsed the civilian nuclear deal
with USA, saying not signing it would be a "severe
loss of face" for India. This has caused a deep
discomfiture for the BJP, which is opposed to the nuclear
deal along with the Left parties........more
Garbage
management
By Bharatbhai Dwivedi
Civic
awareness is a growing need. Today, garbage management
has become a critical issue for every civic body on Earth
because the very sense of addressing,
managing and attending to plastic waste at the very
source is missing. By very source is
meant the one who is throwing or discarding plastic of
any kind, type or size and who needs to be made aware of
attending, ...more
RBI
measures for
inflation control
By S. Sethuraman
The Reserve
Bank of India has left interest rates unchanged while
conveying grim warnings of the economy facing "more
potent and real" inflationary risks and expectations
due to international food, oil and metal price pressures,
which would call . ..more
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EDITORIAL
Nip the crime
Some outrageous events
that have taken place in the State during the last few
days deserve a surgical analysis. Anywhere else they
would have shaken society as a whole. In our case they
have hardly caused ripples beyond the areas of their
occurrence. This is unfortunate. They are indicative of
the malaise prevailing in our social order. On the one
hand we have lecherous beasts among us. There is on the
other hand a distinct lack of respect for law-enforcers.
A minor girl is kidnapped from Bishnah which is as good
as a part of this city whatever its administrative status
otherwise. She is recovered later from R.S. Pura. The
kidnapper is arrested but his three accomplices are still
untraceable. Are we not stunned by the sheer audacity of
those who have planned and executed the crime? What has
emboldened them to think that they can get away after
committing a heinous act like this? The same query is
relevant in another similar happening in faraway Budhal
in Rajouri district. Two teenaged girls are kept in
illegal confinement by a nursing orderly of a local
hospital. On learning about it the police raid the house
to rescue them but their tormentor manages to escape.
Understandably the people of the area are enraged. They
have pelted the hospital with stones to protest against
one of its employee's involvement in the evil doing. Only
the insensitive can find fault with their reaction. Is
there any other way in which parents, relatives and saner
elements can respond to these situations? Why can't girls
feel safe and roam around freely in our environment? At
least twice in the past we have found them being
exploited by their tutors, of all persons, in the same
higher reaches. A positive sign is that the people are
coming forward to report these episodes. The earlier
tendency of brushing them under the carpet for fear of
adverse social reaction towards the victims is no more
visible. It augurs well for us all.
No effort should in fact
be spared to bring the culprits to book and make an
example of them. It hardly bears any reiteration that
violence of every kind is in the air in our milieu.
Mainly it is so because it is made in our minds. We are
not including terrorism in this category: although
obnoxious it is an altogether different phenomenon and is
mostly remote-controlled. For the moment our focus is
only on what we are face to face with in our normal
everyday routine. How does one view the catch of two
criminals in this city along with their pistols? The fact
that they are stopped and picked up at the B.C. Road
close to the Secretariat is enough to give the creeps to
innocent citizens. In Mansar, a car is intercepted and
its sole occupant is attacked with a sword leaving him in
pain with grievous wounds.
Why should these
"minor" experiences astonish us? Have not we
been already exposed to murders and stabbings in the
Winter Capital itself? We ought to resist the temptation
of making any such comparisons. We should join hands to
stop all assaults on our right to live with dignity. We
must ensure that we are counted as we engage ourselves in
this well-intentioned exercise.
Loss and lesson
By no stretch of
imagination can the loss of 71 animals including goats
and sheep in a road accident be described as small. It is
enormous for their owner. They have been overrun by a
truck on the Dhar road in Udhampur. Clearly it was being
driven rashly. About 30 animals have also been injured.
The dead animals got stuck in wheels and chassis of the
vehicle. The road was painted red with their blood. One
pities the Bakerwal shepherd who owned them. He is
reported to have suffered monetary setback worth Rs 6
lakhs. It is doubtful whether this sum takes into account
the hard work that he and the other members of his family
and the tribe put in while bringing up the livestock.
Nomadic economy is yet to develop on modern lines.
Several of its aspects are taken for granted at present.
A Bakerwal boy too was injured in the mishap and had to
be rushed to the district hospital. For the greater part
of the year we come across massive movement of animals on
our roads and highways. Tenacious Gujjars and Bakerwals
take them from one corner of the state to the other in
search of pastures. It is a fascinating part of our
lives. Viewed in the backdrop of tall and majestic
mountains this movement is just spectacular. Normally it
is free from any tragedies of the sort that has struck
one flock now. One is left with admiration for the
discipline with which goats and sheep are managed and
made to move together on one side of the available
passage. For their part generally the drivers are also
very careful. From years of experience they know that
they may be up against anything in our largely hilly
terrain. There are too many blind turns to keep them on
their toes all through. Negligence is obvious in the
present instance. One immediate lesson, therefore, from
this disaster is that drivers should be all the more
vigilant while steering means of transportation. It is
expected that they are watchful of herds of animals as
much as they are of deep gorges and their counterparts
coming from the opposite direction.
Having said this we wish
to strike a note of caution. There are quite a few
worshippers of monkeys among us. They have every right to
follow their religious beliefs. However, while doing so
they should ensure that their actions don't cause havoc
on roads. We are constrained to make this observation in
view of a common sight on the Jammu-Katra stretch. Many
devotees of Vaishno Devi make it a point to offer loaves
of bread to monkeys on the way. They do so by throwing
their offerings from moving cars. As a result there is
commotion with animals running wildly across the
thoroughfare. This has the effect of unsettling drivers:
they can make fatal errors while trying to stay clear of
monkeys. A better course for the disciples of Pawan
Putra Hanuman will be to stop their vehicles and
coolly keep their contributions at one place. For this
phenomenon, however, Gujjars and Bakerwals are not at all
to be blamed. They observe exemplary care and order. Yet,
one of them has been come to suffering. It is a matter of
deep regret.
.

Indo
American nuke deal
By Indu
Prakash Singh
The former National
Security Advisor, Mr. Brajesh
Mishra, who was considered to be
very close to Prime Minister, Mr.
Atal Behari Vajpayee, has
endorsed the civilian nuclear
deal with USA, saying not signing
it would be a "severe loss
of face" for India. This has
caused a deep discomfiture for
the BJP, which is opposed to the
nuclear deal along with the Left
parties.
"I think we
should go ahead with the
deal," he said in an
interview to a private TV
channel. "Obviously,
dual-use technology will not be
available to us if we don't go
through with this and, of course,
it's a setback. Asked whether the
government should go ahead with
the deal even if the BJP and the
Left parties were opposed to it,
Mr. Mishra said: "That's a
political question
my
personal view is that given the
harmful effects of not going
ahead, perhaps, we should go
ahead and do it."
Renegotiating the deal with the
next government in the US after
the elections, irrespective of
whether it has a Democrat or a
Republican president, would be
very difficult with the
possibility of new provisions and
clauses being added to the text,
he said.
"It is now, it
is now," he stressed when
asked whether this was the best
opportunity for India to get the
"most favourable" deal.
Losing the nuclear deal, aimed at
reopening the doors of global
nuclear commerce for the country
after a gap of three decades,
would mean India's
"three-stage programme will
suffer a setback". He
allayed fears that the nuclear
deal would curtail India's
sovereign rights. "After the
talks I've had with various
representatives of the government
of India at a fairly high level
and some scientists. I'm
convinced that there is not going
to be any major impact on the
strategic programme through the
deal
this deal doesn't stop
us from continuing our strategic
programme," he said. Asked
whether political parties were
mistaken in rejecting the nuclear
deal on the grounds that it could
stop India from carrying out
further nuclear tests and on the
grounds that it could damage
India's nuclear deterrent, Mr.
Mishra replied: "Well, so
far as these two questions are
concerned, in any view we are not
restricted from carrying out
tests and, more or less, the
programme we had devised before
we left the NDA government is
ongoing."
The compulsions of
coalition politics have forced
the UPA government to stall the
deal, though Washington has
recently clarified that there are
no inconsistencies between it and
the Hyde Act. External Affairs
Minister Pranab Mukherjee's
recent visit to the US has only
succeeded in buying some more
time from the Bush administration
in deciding the ultimate fate of
the deal. There are apprehensions
that any further delay in
finalising the process of
operationalising the deal will in
fact kill the nuclear deal
altogether.
Since the position
of the Left parties and BJP
differs with the UPA government
sharply on various questions
pertaining to the nuclear deal,
it is still unclear as to whether
the Congress will be able to
reach a broad political consensus
among its coalition partners in
the next two months. The CPI(M)
and other Left parties are
arguing that the provisions of
the Hyde Act are far wider than
the 123 Agreement and could be
used to terminate the latter not
only in the eventuality of India
conducting a nuclear test but
also if India does not conform to
the overall foreign policy
interests of the US. And since
the Congress and its other
partners within the UPA have
given utmost importance to the
survival of the current
government, it is unlikely that
they will be too eager at this
juncture to go for early mid-term
general elections over the issue
of nuclear deal.
There are many in
the political establishment in
the US who are of the opinion
that the Bush administration bent
too far backwards to salvage the
deal. They are puzzled as to why
New Delhi has been unable to win
domestic political support for an
agreement that is widely seen in
the US as being lopsided in
India's favour. It is quite
possible that a Democrat
administration in future will
also favour strong ties with
India, but is more likely to look
at the issue of nuclear
non-proliferation more closely
than the Republicans, and impose
more stringent conditions. Even a
future Republican administration
might reconsider options. India
will be far more comfortable with
the deal in its existing form.
There is no
gainsaying that a complete
collapse of the nuclear deal due
to domestic political factors in
India would be an enormous
setback for India's aspirations
to become a major power. The
deal's failure would signal to
the US and the world that India
still lacks confidence to play a
major role on the international
stage. The Left parties seem to
have missed the fact that a
collapse of the nuclear deal
because of domestic political
reasons would damage India's
credibility and reputation as an
emerging global power. Moreover,
for India, the failure of the
nuclear deal would mean that it
has undermined some of its own
self-proclaimed goals in foreign
policy. India has long craved the
status of a de facto nuclear
power, which has been granted to
it by the deal.
The nuclear deal
granted India a one-time
exemption to retain its nuclear
weapons without signing the
Nuclear Non-Proliferation Treaty,
which is unprecedented in the
history of international
diplomacy. It overturns a
30-year-old US ban on supplying
India with nuclear fuel and
technology, imposed since India
conducted its first nuclear test
in 1974. India has also for a
long time sought to delink its
international fortunes from
Pakistan, which the deal has done
more or less. The Left consider
the nuclear deal to be
deleterious to India's interests,
but Pakistan is begging the US to
for something very similar. In
fact, for the first time, the US
has signed a deal with big
security implications with India
and left Pakistan out of the
loop.
If the nuclear deal
fails in India over domestic
political reasons, a new US
administration in future, whether
Democrat or a Republican, may
want to let the dust settle over
a period of time before
considering what to do next.
However, it would be wrong to
think that a failure to
operationalise the civilian
nuclear agreement would lead to a
complete downturn in US-India
relations. A slow but steady
transformation in the overall
contours of Indo-US relations has
happened since the end of the
Cold War. The most significant
change has been in the area of
defence cooperation since the
early nineties. The most recent
manifestation of this was the
bilateral Framework Agreement in
June 2005.
There is no doubt
that the US has its own interests
in forging a strong economic and
strategic partnership with India
at the beginning of the 21st
century. There is little doubt
that the Bush administration's
effort to develop better security
ties with India stems in part
from concerns about China's
future role in Asia. Through
developing more intensive
security ties with India, the
US's primary objective is to
maintain its own pre-eminent
position in the region by
facilitating the rise of friendly
centres of power like India that
will constrain any Chinese bid
for dominance and allow the US to
retain its pre-eminence in Asia.
(INAV)
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Garbage
management
By Bharatbhai Dwivedi
Civic
awareness is a growing need. Today, garbage
management has become a critical issue for every
civic body on Earth because the very
sense of addressing, managing and attending
to plastic waste at the very source
is missing. By very source is meant
the one who is throwing or discarding plastic of
any kind, type or size and who needs to be made
aware of attending, managing and addressing the
issue at that very moment. Plastic
has penetrated so swiftly in our day-to-day life
that we forget that more than 60 per cent of
waste usages have plastic in it.
The
civic society has now accepted the segregation in
terms of bio-waste, organic waste or inorganic
waste. The problem does not get solved or
restricted by just that. The larger concern is
plastic and/or other than
plastic waste. Households, traders,
businessmen might not even be aware of such
industrial garbage segregations. For them,
understanding it as plastic and
plastic-related material to
non-plastic material is much easier
and makes greater sense to conform with.
Throwing
(discarding) food wastes in plastic bags has
become common practice for every household. They
are completely unaware of its ill-effects:- (a)
consumption by animals can be fettered; (b)
deformed and decomposed bio-waste develops
unfriendly bacteria and bursts into stinking
smell that may even be a cause of modern day
epidemics; (c) downpour brings happiness to every
life but plastic waste mingled with other wastes
blocks water, acting as a plug to water running
through the drainage system, and (d) water
blockages cause hardships for local citizens.
One
can overpower these bottlenecks simply by
changing plastic and like-plastic waste
discarding habits and developing a habit of
addressing it at source itself, by
condensing, stuffing all waste into a thicker and
relatively smaller plastic bag. Compress and
condense as much as you can; accumulate to make
bigger one solidly stuffed, condensed and turn it
into a stout plastic waste ready to discard.
One
is stunned when one starts listing every object,
whether it be plastic, or having plastic, or
related to plastic. Carry bags, sacks, packaging
material, used ballpoint pen, furniture,
toothbrush, various brushescleaners,
service bowls, plates, trays, jars, spectacles,
empty medical strips, bottles, syringes, plastic
containers, tubes, sachets, mugs, buckets,
briefcases, travel bags, shoes,
chappalssandals, soap box, mobile cover -
the list is endless!!
Recently,
a deep water expedition team of scientists found
the presence of plastic contents at 10,000 meters
under the water surface. This shocking revelation
is mind-boggling. Draconian plastic waste is also
evident at every mountain peak. Needless to say,
even Mount Everest is not spared by it, rather,
it is covered by plastic waste! The plastic that
never dies. The Ghost Lives Nowhere, But
Everywhere. Need Evidence Any More?
The
plastic that never dies but can be addressed
nicely by vibrant and finest creative innovative
minds. Till then, we citizens can do our best by
discarding each of the small pieces of plastic
into a cumulated one-condensed, stuffed solid
shell and feel content for our respective
contribution, maintaining a planet Earth free
from the murderous clutches of plastic waste.
Plastic
is a critical waste; a direct threat to the
environment and so is fly ash, another equally
tricky and critical waste.
Irrigated
land turns barren if spread with fly ash even
once. Environment-threatening critical wastes, if
dealt with together, would mean that war against
it is won to a great extent. Since this issue
concerns the public, the concept of making best
use of wastes produced here and enabling
whosoever is interested to make hands-on
experiments should be encouraged. Come out with
best innovative and creative experience and share
it for the betterment of the greater cause!
Critical
wastes like fireclay and plastic wastes can be
used as raw material for products like bricks,
small slabs, paved drainage slabs, etc. Metal
dyes with fly ash compression-pressure functions,
having multi angle, multi point, multi level,
plastic-waste infusing functions can be used as a
bonding material. Liquefied plastic waste can be
infused by nozzle. Other suitable options too
could be explored. Plastic being fire sensitive,
usage of liquefied plastic waste is recommended
to maintain the lowest possible cost as bonding
material for end product. Pour hot fly ash into
appropriate pressure dyes, compress it to enable
it to take the required shape; infuse liquefied
plastic waste and offload ready to use product.
A
large scale production line can be worked out at
an end where hot fly ash is available in
abundance. Similarly, a small scale line can be
planned at the source where hot fly ash
availability is low. Social obligations like
low-cost housing, relatively better tremor and
earth-quake resistant building materials,
low-cost compound walls, low-cost drainage
systems, etc. can be met with increased use of
the fly ash.
Such
practices also create scope for self employment.
A self-supporting, small scale manufacturing unit
has the potential to serve society.
Conceptualizing the concept has the advantages
of:- (a) engineering marvel and directly
benefitting humanity; (b) by addressing two of
the most critical wastes, direct threat to
environment is reduced; (c) needs no big
production sites; (d) creates massive scope for
self-employment for economically underprivileged
class, and (e) reduces the need for massive
dumping grounds/areas.
To
sum up the few recommendations :
*
Discarding/throwing plastic waste in open should
be banned;
*
Different colour wastage boxes should be planned
and citizens understanding regarding
segregation of Plastic and related to
plastic material and other than
plastic waste should be upgraded;
*
inspiring massages such as "Learn, Discard
Plastic Wastes and Go More Civilian" should
be promoted, and
*
Heavy penalties should be imposed for throwing
waste in or near the water bodies. (PIB)
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RBI
measures for inflation control
By S.
Sethuraman
The Reserve Bank of India
has left interest rates unchanged while
conveying grim warnings of the economy
facing "more potent and real"
inflationary risks and expectations due
to international food, oil and metal
price pressures, which would call for
swift and even "unconventional"
responses as the situation evolves.
Economic prospects for 2008-09 have been
"trimmed" by adverse
developments, mainly external, and RBI
has assumed for policy purposes 8 to 8.5
per cent growth which is currently mainly
demand-driven.
Announcing the Monetary and
Credit Policy for 2008-09, the central
bank attaches high priority to price
stability with anchored inflation
expectations and orderly conditions in
financial markets while sustaining growth
momentum. In the wake of its April 17
hike in CRR to 8 per cent in two stages
by May 10, RBI has increased the reserve
ration to 8.25 per cent from May 24 as
part of its liquidity management
measures.
The Governor Dr. Venugopala
Reddy said that its policy aims at
lowering inflation from 7.4 per cent in
the last week of March to "around
5.5 per cent in 2008-09 with a preference
to bringing close to 5 per cent" as
soon as possible. Monetary expansion
would be moderated to 16.5 to 17 per cent
(from 20.7 per cent in 2007-08) while
aggregate deposit and non-food credit
growth are placed at 17 per cent and 20
per cent respectively, at lower levels
compared to 2007-08.
The Policy statement spoke
of active demand management of liquidity
through appropriate use of CRR
stipulations and open market operations.
It emphasises credit quality and credit
delivery in the pursuit of financial
inclusion.
In the context of possible
losses of banks from derivatives and
newer instruments as has happened widely
in USA, Europe and some Asian countries,
emanating from the US sub-prime mortgage
market crisis, RBI would review
prudential guidelines for specific
off-balance sheet exposures of banks. It
would also undertake supervisory review
of the banks exposure to the commodity
sector.
In its overall assessment,
RBI says the pick-up in inflation (in
February-March) has mainly emanated from
supply side pressures such as the one-off
increase in domestic prices of petrol
land diesel to partially offset global
crude oil prices increase over the year
and rising prices of wheat and oilseeds
and the adjustments in steel prices in
March.
Though the upsurge in
inflation in India has occurred when
global energy, food and other commodity
prices are volatile and at historically
elevated levels, there are concerns that
demand pressures, which have been
reasonably contained so far, are being
coupled with supply-side factors which,
if not temporary, could impact domestic
inflation significantly.
Also, in the fourth quarter
of 2007-08, financial markets were
impacted by unusual swings and high
volatility in foreign exchange flows as
well as in cash balances of the
Government with the Reserve Bank with
shifts in liquidity conditions.
RBI's Policy has belied
expectations of monetary tightening via
interest rates and has left the Bank Rate
unchanged at 6 per cent as well as the
policy rates, repo and reverse repo rates
at 7.75 and 6 per cent respectively. The
Policy Statement however refers to
"unprecedented uncertainties and
dilemmas" which call for
"informed judgements" on timing
and magnitude of policy actions. Such
actions have to be based on evaluation of
emerging developments on a continuous
basis. At the same time, there is need to
demonstrate determination to act
"decisively, effectively and swiftly
to curb any signs of adverse developments
in regard to inflation
expectations".
The Monetary and Credit
Policy for 2008-09 has been framed
against the background of a global crisis
-affecting the financial markets, credit
crunch, inflationary upsurge, weakening
consumer confidence and slowdown in
growth in advanced economies and the
spill-over effects on the developing
world, especially the impact of new highs
in international oil, food and metal
prices.
RBI said with significant
shifts in both global and domestic
developments in relation to initial
assessments, the dangers of global
recession have increased at the current
juncture although consensus expectations
do not rule out a soft landing. On the
domestic front, though the growth outlook
remained positive till January 2008,
since then the risks to inflation from
upside pressures from the prevailing
global price levels in food, crude and
metals have become more real than before.
On the fiscal side, RBI
noted, the Union Budget is likely to
provide stimulus to both private and
Government consumption with reduction of
tax burden and revenue expenditure
implications from the sixth pay
commission report. Fiscal developments on
account of commitments like far debt
waiver scheme and pay commission
recommendations as well as bond issues to
oil and fertiliser companies to cover
under-recoveries and for subsidies would
have to be continuously monitored in view
of the current high and volatile global
food prices and the incomplete
pass-through of escalated crude prices to
domestic prices.
Global financial market
uncertainties and unusual policy
responses of major central banks provide
some indications of the threats to global
growth and stability that loom over the
near-term horizon. High volatility, still
frozen credit markets. and massive losses
suffered by large financial institutions
could impact India's external financing
conditions - trade, capital flows and
asset prices - and, therefore, the
evolving monetary policy stance in
2008-09.
RBI also referred to
heightened uncertainty surrounding the
outlook on capital flows to India,
complicating the conduct of monetary and
liquidity management. In view of the
strong fundamentals of the economy and
massive injections of liquidity by
central banks in advanced economies,
there could be sustained inflows, as in
the recent past.
If the pressures intensify,
it may necessitate stepped up operations
in terms of capital account management
and more active liquidity management with
all instruments at the command of the
Reserve Bank. At the same time, the
likelihood of reversals of capital flows
due to any abrupt changes in sentiments
or global liquidity conditions also
cannot be ruled out.
RBI said with headroom
available, it could deal with these
scenarios, with flexibility in the
deployment of instruments for liquidity
management complemented by prudential
regulations and instruments for capital
account management. (IPA)
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