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India’s protocol with IAEA

Pallab Bhattacharya
Prime Minister Narendra Modi’s invite to heads of Government and state of South Asian countries to his swearing in was premised on the assumption that New Delhi’s quest for key international player must begin in its own backyard.
Taking an equally important step towards that was the Government’s announcement of the decision to ratify an agreement with the International Atomic Energy Agency (IAEA) to expand the supervision of its civilian nuclear programme.
The decision to ratify the Additional Protocol , which had been hanging fire for the last five years, is expected not only to take India closer towards integration with the world nuclear commerce but is also aimed at showing that the country was a responsible atomic power. India had committed to signing the Additional Protocol under the Indiaspecific safeguards agreement signed with IAEA in 2009 as part of efforts to unblock the Indo-US civil nuclear agreement signed five years prior to that.
The Protocol will facilitate greater oversight by IAEA inspectors of India’s 20 non-military nuclear facilities which have been thrown open to the international nuclear watchdog. This is also significant because India is not a signatory to the Non-Proliferation Treaty (NPT), that seeks to curb the spread of nuclear weapons, and its military nuclear programme is not subject to IAEA supervision.
Secondly, the decision to ratify the Protocol is also likely to smoothen the way for India becoming a member of an elite group of 45 nuclear power countries under the Nuclear Suppliers’ Group (NSG). Significantly, the timing of the announcement of the decision to ratify the Protocol came just days ahead of the NSG meeting in Argentina’s capital Buenos Aires. India’s joining the NSG will not give it access to sophisticated nuclear equipment but also protect its core strategic interests in the field.
But far more importantly from the point of view of larger international political scenario, the decision to approve the Protocol was intended to send signals to the United States ahead of Modi’s visit to that country in September to attend the U N General Assembly session and possibly to meet President Barack Obama.
The decision indicates Bharatiya Janata Party’s nod to the Indo-US civil nuclear deal which Modi’s predecessor Manmohan Singh had described as the most significant feat of his ten-year tenure as Prime Minister.
It will also come as a reaffirmation of India’s new Government’s commitment to the deal. After all, it was at the behest of the US that IAEA had in March, 2007 cleared the India-specific safeguards agreement and the consequent Additional Protocol for India despite New Delhi not being a signatory to the Non-Proliferation Treaty (NPT) which India has since long junked as “discriminatory”. The Indo- US nuclear agreement had provided that India would ratify the additional protocol with the United Nations nuclear watchdog.
The ratification of the additional protocol of IAEA once again drives home the point that India’s nuclear policy is transparent and it is a responsible nuclear power which has nothing to hide.
Agreeing to allow supervision of its civil nuclear projects and the data of its nuclear exports to IAEA oversight is the best demonstration of India’s unflinching commitment to non-proliferation and its clean in the area despite not being a signatory to NPT.
It will also answer critics of India’s nuclear programme that the pact with the IAEA fails to address concerns of proliferation as India could get its foot in the door of a club of countries which trade in nuclear materials.
The ratification of the protocol is aimed at unlocking the potential of tens billions of dollars in international investment in India’s nuclear power sector as the world’s third largest economy, guzzling conventional energy like oil, gas and coal and hydel power, looks for energy security and fight climate change.
Nuclear power is expected to be a significant component of India’s search for energy security and ratification of the protocol is expected to pave the way for nuclear technology and uranium for civilian purposes. Following the NSG’s waiver granted to India to sign the India-US civil nuclear deal, Britain, France, Russia, Argentina, South Korea, Namibia, Mongolia and Kazakhstan have over the years signed bilateral agreements with India for bilateral civil nuclear cooperation. Uranium-rich countries like Australia, Canada, Mongolia and Kazakhstan are looking at the lucrative nuclear power market in India as are the US, Japan and France eyeing to export advance nuclear power technology. Nuclear energy is one of the high priority areas which can bring about a paradigm shift in relations between Japan and India, going beyond trade and investment and encompassing strategic aspects in view the two countries’ convergence about an assertive China militarily.
However, ratifying the protocol is just one major step towards India’s full integration with the world nuclear order and recognition of a nuclear-weapon country. Hurdles in the way of India’s integration remain, particularly in the form of its Nuclear Liability Law that has raised the hackles of the multinational companies of the US, Japan and France which supply the technology. The Law puts the onus on suppliers of such technology in the event of a nuclear accident which countries like the US, France and Japan object to. So, there is a much longer journey for India beyond the protocol.

Lead futures decline 0.15 pc on weak demand

NEW DELHI, July 15:  In restricted movements, lead prices eased by 0.15 per cent to Rs 131.75 per kg in futures trading today as speculators reduced positions due to subdued demand from battery-makers in the spot market.
At the Multi Commodity exchange, lead for delivery in July traded lower by 20 paise, or 0.15 per cent to Rs 131.75 per kg in business turnover of 376 lots.
Likewise, the metal for delivery in August contracts shed 15 paise, or 0.11 per cent to Rs 132.85 per kg in 9 lots.
Market analysts attributed the weakness in lead futures to sluggish demand from battery-makers in the spot market. (PTI)

Mentha oil falls 1% on subdued demand

NEW DELHI, July 15:  Mentha oil futures fell one per cent to Rs 701.20 per kg today as speculators reduced positions, triggered by subdued demand from consuming industries in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in July eased by Rs 7.10, or 1 per cent, to Rs 701.20 per kg in a business turnover of 427 lots.
Likewise, the oil for delivery in the August traded lower by Rs 6.40, or 0.88 per cent, to Rs 717.40 per kg in 120 lots.
Market analysts said speculators reduced their positions, triggered by sluggish industrial demand in the spot market mainly led to the fall in mentha oil prices at futures market.
Besides, adequate stocks position following increased arrivals from Chandouisi in Uttar Pradesh also influenced the oil prices. (PTI)

Cardamom futures up on spot demand

NEW DELHI, July 15:  Cardamom prices rose by Rs 12.10 to Rs 1,000 per kg in futures trade today, largely in tandem with a firming trend in spot markets on pick-up in demand amid restricted arrivals.
On the Multi Commodity Exchange, cardamom for July delivery surged Rs 12.10, or 1.22 per cent, to Rs 1,000 per kg in a business volume of 12 lots.
The spice for delivery in August gained Rs 7, or 0.75 per cent, to Rs 935 per kg in a business volume of 135 lots.
Traders said pick-up in demand in the spot markets against restricted arrivals from producing regions influenced cardamom prices in the futures market. (PTI)

Airtel sells Beetel’s majority stake to Bright star

NEW DELHI, July 15:  Telecom major Bharti Airtel today sold majority stake in its telecom manufacturing and distribution arm Beetel Teletech to US-based global distribution firm Brightstar for an undisclosed sum.
Sunil Bharti Mittal-led Bharti group ventured into telecom business in 1985 with introduction of Beetel and later diversified services.
Both the companies, Airtel and Brightstar, did not disclose actual stake transacted in Beetel.
“The new mobile business and related technologies that Brightstar is bringing to Beetel will help drive significant growth by leveraging our deep distribution strength,” Rakesh Bharti Mittal, Vice Chairman of Bharti Enterprises, said in a statement.
Beetel started with making fixed lines phones for telecom public sector unit BSNL, MTNL and Airtel. The company diversified into distribution business.
At present, besides manufacturing, it distributes products of multinational technology companies such as Samsung, Panasonic, Polycom, Avaya, AMX, Extron, RADWIN, Huawei and SanDisk.
Beetel has B2B distribution reach in India with more than 500 distributors and partners, 10,000 retailers and 28 warehouses spanning across the country.
Beetel is a recognised leader in technology distribution in India, and we look forward to enhancing the company’s strong position to bring the latest mobile technologies and services to the marketplace, “Marcelo Claure, Founder & CEO of Brightstar Corp, said.
As the largest specialised wireless distributor in the world, Brightstar will bring the latest mobile devices and accessories from top manufacturers for distribution through Beetel’s distribution platform throughout India, the statement said.
“The Indian mobile market is entering the next phase of growth, which will be driven by data services on 3G and 4G technologies. The smartphone market in the country recorded triple-digit growth in 2013 and offers a huge opportunity going forward,” Mitta said. (PTI)

Right to Information: harmonise conflicting interests

Ashok Bhan
The Jammu & Kashmir RTI Act in its current form came into existence on 20th March 2009.  It took some time for the Government to constitute the State Information Commission. After initial hype, there unfortunately has come some dimness in the sheen of this path breaking legislation. Not because it is not yielding any results but because its implementation seems to have entered into a deadlock between rival interests.
While the hurdles in transition from a mindset of secrecy in governance to transparency and accountability were not unexpected, it was thought that the conflicting interests between the various stakeholders will get harmonised with the passage of time. It has not exactly happened. It is time to take stock of the deficit between expectations and what has been achieved so that mid-course corrections are made by the stakeholders. The deadlock between rival interests must be broken.
According to a recent report by Commonwealth Human Rights Initiative (CHRI) there are 66,000 complaints and appeals pending before just six Information Commissions information from which was available for analysis. It may be recalled that the Central Right to Information Act stepped into its 10th year of implementation on June 23, 2014.  Why so much of pendency despite time bound framework prescribed by the Act? At this rate there must be lakhs of RTI queries pending before PIOs and Controlling Officers. Can this pendency be reduced substantially if more and more information is voluntarily put in public domain?
The Government invests huge sums of money in creating infrastructure for e-governance. The purpose of this as far as it relates to RTI was threefold- to introduce efficiency in the system; to ensure digitization of record for easy retrieval; and to put in public domain as much information as is necessary once the record is available in digital form.
Sec 4(2) of the J&K RTI Act reads “it shall be the constant endeavour of every public authority to take steps in accordance with the requirements of clause (b) of sub section (1) to provide as much information suo motto to the public at regular intervals through various means of communications, including internet, so that the public have minimum resort to the use of the Act to obtain information”.
If the spirit of this provision is faithfully met, there will be lesser and lesser need to resort to RTI. Technology has to be leveraged in a big way to make the dream of e-governance and accompanying transparency a success. Heads of Departments must be made accountable about the progress achieved in this arena and targets set for them to make available information voluntarily.
To begin with, the thumb rule can be to put in public domain all information that is repeatedly sought by the legislators’ session after session. As a collateral advantage it will allow legislators to focus on more important issues. Entire information related to services sought under Public Services Guarantee Act (PSGA) and progress in each case must be in public domain. Recruitment and admission processes can be made more transparent. Availability of information on various developmental schemes, outlay and stage of implementation can be put on websites. E-tendering and e-payments can make a substantial difference to promote transparency regime. One can go on and on.
Instead, currently a huge burden lies on the poor Public Information Officer (PIO). They have become the whipping boys of a system unwilling to change the secrecy regime into one of transparency. The PIO is not responsible for the working of the entire department. He is also not the store house of entire information about services rendered by his department. He has to depend on the concerned dealing hands that are not liable under the Act. There is no formal training program for PIOs.
The Heads of Department expect PIOs to safeguard the interests of the Department but the RTI expects him to follow a strict time frame failing which he will be punished. There is no punishment for non-cooperation from Departmental heads or dealing hands. There is no serious audit of steps taken for making e-governance a reality. There is no notice of the failure to implement Sec 4(2) of the RTI Act. The proverbial Damocles’ sword keeps hanging over the heads of PIOs alone. The situation needs to be redeemed.
It is alleged that some individuals, activists and NGOs have been misusing the provisions of the Act for their personal ambition of remaining in news and harassing the PIOs. According to sec 3 of the Act every person residing in the state shall have the right to information under the Act. Therefore, legally speaking the activists and NGOs do have a right to information. But we must not misuse this sacred right to harass the Government functionaries or jeopardize the efficient running of the Government.
Sec 23 (1) of the RTI Act which requires Government to organize educational programs to advance the understanding of the public, in particular disadvantaged communities, as to how to exercise the rights contemplated under the Act. Guidelines have to be issued in official languages and updated at regular intervals. Unless and until the public is fully educated in the use of the provisions of the RTI Act, the role of NGOs and activists will continue.
Common citizens are not aware whom to approach and how to approach for seeking information. The Government and the Information Commission may consider opening a helpline and helpdesks in each district where not only information on use of RTI Act is available but facilities for writing applications free of cost and depositing of fee is also available.
Yet the role of NGOs and activists in unearthing scams and cases of misuse of public funds will always remain and need not attract unnecessary criticism. The only caveat is that sought information must truly be in public interest and not for narrow personal interests or harassing the Public Authority.
The preamble of the Act declares in unequivocal terms that the democratic ideal of right to information is paramount. Yet it also recognizes the need for harmonising the conflicting interest between this right and other public interests including efficient operations of the Government, optimum use of limited fiscal resources and preservation of confidentiality of sensitive information. Information seekers must not hold Government to ransom under the threat of RTI. Lack of harmony often leads to strains in the relationship between the three important stakeholders- the information seeker, the Information Commission and the Government. Possibly the subject is still in its infancy and developing. With passage of time precedence and judgments will help achieve the desired harmony and understanding of each other’s point of view. Meanwhile, the Government, the State Information Commission and information seekers must sit across the table to try and harmonise these conflicting interests. The sacred spirit of the legislation that ‘democratic right of information is paramount’ must not be lost in a conflict of interests between different stakeholders.
(The author is a former Vigilance Commissioner of J&K.)

Volkswagen aims to invest Rs 1,500 cr in India in 6 yrs

NEW DELHI, July 15:  German carmaker Volkswagen plans to invest Rs 1,500 crore in India over the next 6 years on various activities, including local production of engines, as it aims to consolidate position in the country.
The company, which today launched an updated version of its premium hatchback Polo priced between Rs 4.99 lakh and Rs 7.37 lakh (ex-showroom Delhi) intends to invest on enhancing localisation as well as development of new products.
“India is a strategic market for us and we are looking at investing here in a systematic manner. Over the period of next 5-6 years we intend to invest Rs 1,500 crore on activities like enhancing localisation and new products,” Volkswagen India President & MD Mahesh Kodumudi told reporters here.
The company is evaluating making engines in India but hasn’t arrived on a decision yet, he said, adding that Maharashtra would be the company’s first preference for setting up the engine plant.
Currently, the company imports 100 per cent of the engines used in its cars in India.
“Currently our localisation levels here are around 65-70 per cent in value terms and going ahead our objective its to take it to 85-90 per cent. We can achieve it by localising production of engines and gearbox and we are working on it,” Kodumudi said.
The company, which has already invested around Rs 4,400 crore in the Indian market since 2007-2008, is now looking to expand its presence in the market by introducing products in the growing segments.
“In India, compact sports utility vehicle and compact sedan segment is growing and we are looking at it. Also, with the increase in income levels in the country people are also looking at higher segments as well so that’s another area of interest for us,” Volkswagen Passenger Cars Director Michael Mayer said.
Commenting on the new Polo, Mayer said the launch would help the company strengthen its position in the compact hatchback segment in the country.
“If we look at Indian car market, we are not present in segments which are showing growth. New Polo will allow us to increase our market share in the compact hatchback segment,” Mayer added.
The updated Polo with the petrol engines is priced between Rs 4.99 lakh and Rs 6.07 lakh, while the diesel variants are priced between Rs 6.27 lakh and Rs 7.37 lakh (ex-showroom Delhi).
Cross Polo would be available at Rs 7.9 lakh while Polo GT TDI and Polo GT TSI, which would be launched at August-end would be priced Rs 7.99 lakh each.
When asked about the company’s stated aim of achieving around 10 per cent market share in India, Kodumudi said: “You have to face reality of the market. It is not growing as forcasted earlier. We remain committed to the market and will try to increase our presence.”
He added that the company is ‘not sticking’ to any market share target.
When asked about enhancing production capacity at its Chakan plant, Kodumudi said the company can take the installed capacity to 2 lakh units from the current 1.30 lakh per annum over the next five years.
“With minor investments we can further scale it up,” he added. (PTI)

Maruti, Muthoot sign MOU to help customers avail 100% finance

KOCHI, July 15:  Maruti Suzuki India today signed an MoU with Muthoot Vehicle and Asset Finance (MVFL) to enable customers avail 100 per cent finance for Maruti cars. The MoU was signed between Tarun Garg, Vice-President (Sales), Maruti Suzuki and George Alexander Muthoot, Managing Director, Muthoot Group. Said to be the first of its kind finance scheme, the ‘Muthoot Maruti Gold to Car Scheme’ (MMG) will give Maruti customers 100 per cent on road financing for their vehicles across Kerala. The vehicles would be funded by MVFL and the down payment for it would be financed by Muthoot Finance. Garg said the initiative has been launched keeping in mind a large segment of consumers who cannot arrange for an immediate down payment for a vehicle purchase. “We are never satisfied. We aim for continuous improvements’, he said, adding that the market share of Maruti had been going up in the last three years. George Alexander Muthoot said this would be a ‘win-win’ initiative for Muthoot, Maruti and the customers. The tie-up would benefit salaried customers, business profile customers, no income proof customers and NRIs with suitable guarantors, he said. MVFL carries out its operations through a network of 39 branches spread across 13 districts in Kerala. The company has made considerable forays into financing of used and new commercial vehicles, passenger and goods autos, earth moving equipment and tippers. (PTI)

183 Kishtwar students go for higher education

Excelsior Correspondent
KISHTWAR, July 15: A total 183 students from Kishtwar district have been assisted in taking admission in various courses including B.Tech, BCA, B Pharma, Hotel Management, Fashion Designing, Mass Communication, Fire & Safety and simple graduation.
A third batch of 92 students was sent to join Gyan Vihar University, Jaipur Rajasthan under Prime Minister’s Special Scholarship Scheme. The batch was flagged off  by DC Kishtwar, Mohd Javed Khan in presence of  SSP Sanjay Kotwal, Commander Kishtwar Garrison besides others. The first and second batch of 39 and 52 students have already joined the institute.

Volkswagen aims to invest Rs 1,500 cr in India in 6 yrs

NEW DELHI, July 15:  German carmaker Volkswagen plans to invest Rs 1,500 crore in India over the next 6 years on various activities, including local production of engines, as it aims to consolidate position in the country.
The company, which today launched an updated version of its premium hatchback Polo priced between Rs 4.99 lakh and Rs 7.37 lakh (ex-showroom Delhi) intends to invest on enhancing localisation as well as development of new products.
“India is a strategic market for us and we are looking at investing here in a systematic manner. Over the period of next 5-6 years we intend to invest Rs 1,500 crore on activities like enhancing localisation and new products,” Volkswagen India President & MD Mahesh Kodumudi told reporters here.
The company is evaluating making engines in India but hasn’t arrived on a decision yet, he said, adding that Maharashtra would be the company’s first preference for setting up the engine plant.
Currently, the company imports 100 per cent of the engines used in its cars in India.
“Currently our localisation levels here are around 65-70 per cent in value terms and going ahead our objective its to take it to 85-90 per cent. We can achieve it by localising production of engines and gearbox and we are working on it,” Kodumudi said.
The company, which has already invested around Rs 4,400 crore in the Indian market since 2007-2008, is now looking to expand its presence in the market by introducing products in the growing segments.
“In India, compact sports utility vehicle and compact sedan segment is growing and we are looking at it. Also, with the increase in income levels in the country people are also looking at higher segments as well so that’s another area of interest for us,” Volkswagen Passenger Cars Director Michael Mayer said.
Commenting on the new Polo, Mayer said the launch would help the company strengthen its position in the compact hatchback segment in the country.
“If we look at Indian car market, we are not present in segments which are showing growth. New Polo will allow us to increase our market share in the compact hatchback segment,” Mayer added.
The updated Polo with the petrol engines is priced between Rs 4.99 lakh and Rs 6.07 lakh, while the diesel variants are priced between Rs 6.27 lakh and Rs 7.37 lakh (ex-showroom Delhi).
Cross Polo would be available at Rs 7.9 lakh while Polo GT TDI and Polo GT TSI, which would be launched at August-end would be priced Rs 7.99 lakh each.
When asked about the company’s stated aim of achieving around 10 per cent market share in India, Kodumudi said: “You have to face reality of the market. It is not growing as forcasted earlier. We remain committed to the market and will try to increase our presence.”
He added that the company is ‘not sticking’ to any market share target.
When asked about enhancing production capacity at its Chakan plant, Kodumudi said the company can take the installed capacity to 2 lakh units from the current 1.30 lakh per annum over the next five years.
“With minor investments we can further scale it up,” he added. (PTI)