Upload File

˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- mondi in the rajya sabha and...

  • Home
  • Documents
  • ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly
16
I n a bid to pacify the public, given the hardships being faced by them following demonetisation in the middle of the marriage and sowing sea- sons, the Government on Thursday eased restrictions on cash withdrawal by farmers and families with upcoming wed- dings. However, it more than halved the limit of exchange of defunct notes. While the Government allowed withdrawals of up to 2.5 lakh for weddings and up to 50,000 for farmers per week, it lowered the amount of money that an individual can exchange from to 2,000. The use of indelible ink for such withdrawals will contin- ue. “Families preparing for a wedding can withdraw up to 2.50 lakh from a bank account and we have allowed up to 50,000 for farmers per week after giving their PAN details and self-declaration. “However, with effect from Friday the amount of money that an individual can exchange from banks by handing over the old 500 and 1,000 notes has been lowered to 2,000 from 4,500 earlier, only once till December 30,” Economic Affairs Secretary Shaktikanta Das told reporters. Assuring the public, Finance Minister Arun Jaitley said that 22,500 ATMs were re- calibrated on Thursday itself. On the decision to limit the exchange of banned 500 and 1,000 notes to 2,000, he said, “The Government’s decision to limit the exchange of banned 500 and 1,000 notes to 2,000, from the existing cap of 4,500, would stop misuse of funds. Also, around 10 per cent of ATMs would be recalibrat- ed to dispense new notes.” He further added that the decision to allow withdrawals of up to 2.5 lakh for marriages was intended as a relief for people. As far as farmers’ woes are concerned, the Government said those farmers who have taken crop loan or have Kisan Credit Card can withdraw 25,000 per week. “Also those who have got payments through RTGS or a cheque deposit in a KYC-compliant bank account can withdraw an additional 25,000 a week. Continued on Page 2 D elhi Chief Minister Arvind Kejriwal on Thursday can- celled his Ahmedabad rally and joined hands with West Bengal Chief Minister Mamata Banerjee to launch an all out attack against Prime Minister Narendra Modi’s demonetis ation decision. Addressed a rally at Asia’s largest fruit and vegetable mar- ket Azadpur Mandi, both the Chief Ministers made a double bore attack on the Centre for the problems being faced by the common man. They warned the Centre that there would be intense protests and unrest in the city and across the country if the Government did not with- draw its demonetization deci- sion. “Take back this decision in three days... Don’t test the people’s patience. Otherwise, there will be a ‘bhagawat’ (revolt) by the people,” said Kejriwal. The TMC supremo said such a crisis was not witnessed even during the dreaded Emergency days and Modi had broken constitutional rules. “Why didn’t you (Modi) make a proper plan before the implementation (of demon- etisation),” said Mamata and also asked the Centre to roll back the decision in three days. “We support the fight against black money but the poor and the less privileged should not suffer. We will not stay silent. And, if it is not done (with- drawn) in three days, then the countrymen will not spare you,” she added.After the Azadpur Mandi rally, the two leaders held a demonstration outside the Reserve Bank of India (RBI) on Parliament Street and demanded that the Central Bank tell them about the availability of the new cur- rency notes. Both Azadpur Mandi and RBI headquarters are sensitive places as Azadpur is the trad- ing hub of the Capital while the entire demonetisation process is being regulated by the RBI. T he ruling party and the Opposition on Thursday clashed on a new front in their ongoing war of words on the demonetisation of 500 and 1,000 currency notes after Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad likened Uri terror attack casualties to the deaths dur- ing the demonetisation “cri- sis”. The ruling side termed his comment as “anti-nation- al” and clamored for an apol- ogy from the Congress, lead- ing to adjournment of the Upper House for the day. The Rajya Sabha Chairman later expunged Azad’s com- ment from the record. While demanding the presence of PM Narendra Mondi in the Rajya Sabha and asserting that the House will not be allowed to function till the PM was present during the debate, Azad said 40 peo- ple had died due to hardship caused by the Government’s decision on demonetisation. “People are suffering because of demonetisation. The death toll has reached 40. In the attack by Pakistani terrorists (on army camp) in Uri (in Kashmir), even half of the deaths did not take place. People, more than double that figure, have died due to wrong policy of the Government.” In the Uri attack, 18 Army personnel had been killed. T he standoff between the Treasury Benches and the Opposition may get prolonged, with the NDA Government on Thursday refusing to concede to the demand that Prime Minister Narendra Modi should be present during the unfinished debate on demon- etisation in the Rajya Sabha. The Lok Sabha also could not discuss the issue, with the Opposition insisting that it should be carried out under provisions mandating voting. Dismissing the Opposition’s demand that Modi must be present in the Upper House during the debate, a senior Minister said, “In each meeting with the Government there was no such demand from the Opposition.” “In any case, the Prime Minister is willing to come to the RS, but the Government will not accept any precondi- tion that Modi’s attendance in the House is must for resump- tion of the debate,” he added. Union Information & Broadcasting Minister Venkaiah Naidu said, “Halfway through, they realised that by raising such a debate it was boomeranging on them. Now they are trying to find a way to come out of this and then stall the debate on one pretext or the other. They are speaking in dif- ferent voices and are not com- ing out openly either for or against the move. They are in a dilemma and that dilemma will continue.” Dubbing the uproar by the Congress and other Opposition parties as an “excuse” to stall the debate, Naidu alleged that there was no rationale behind it. The Minister said things would happen as per the rules and procedures of the House and urged that the debate should go on. Naidu said the entire coun- try was watching who was supporting hoarders and peo- ple with black money and who was with the Government and the Prime Minister, who had “taken such a revolutionary step. They have to make a choice”. “Let the discussion take place. Then (it will be decided) who will reply in the Government. It could be the Minister concerned. The solu- tion will come through the Government as per traditions and rules,” he said. The ongoing controversy in the RS apart, the proceedings in the Lok Sabha, which was adjourned for the day on Thursday, may also run into a roadblock unless the Opposition steps back on its demand that the discussion take place under voting provision. Continued on Page 4 T he united Opposition in the leadership of the JMM on Thursday chalked out a strategy to prevent the State Government from getting the CNT-SPT Acts amended through the House. The Opposition plan of action included bringing in the Adjournment Motion in the House on Friday and persistent disruptions thereafter.The adjournment motion is an extra- ordinary procedure which, if admitted, leads to setting aside the normal business of the House for discussing a definite matter of urgent public importance.The Opposition's meeting was called soon after the House adjourned on Thursday following the for- mal start and paying condolences to those who have passed away. The Motion is aimed to counter the Government's move to bring in two separate Bills to make changes in the tenancy acts and forcing it to retract. "The Opposition would oppose the step of the Government taken in this regard. The CNT and SPT Acts are in existence for decades and brought by the Britishers to pro- tect rights of the tribals and moolvasis over their land. Continued on Page 2 S winging into action after the Centre's demonetisation move on November 8, Income-Tax (I-T) Department along with Enforcement Directorate (ED) on Thursday raided as many as five jew- ellery shops simultaneously in Ranchi and Ramgarh to identify the people who pur- chased gold in large quantities after currency of 500 and 1000 were banned in the country. Sources in the I-T Department also said that five teams involving 35 I-T sleuths were roped in to conduct the raids. " A total of six premises of five firms -- Tribhuvan Sons Jewellers, Alka Jewellers, New Alka Jewellers, Heera Panna Jewellers, and Kundan Jewellers in Ranchi along with Tribhuvan Sons Jewellers in Ramgarh are being surveyed simultaneously by the Income Tax," said a senior official in I-T Department. Raids were conducted on the basis of filed information gathered through various sources, he said.Following the raids, many of the jewellery shop owners put their shutter down out of panic and chose to close down their shops. "We are trying to find who those people were, who purchased gold in the last two months," said the IT official. CCTV recordings along with their balance sheet and other documents were also being scanned to identify those peo- ple who visited these shops in the last one week, he added. "Records of the last two months are also being scanned as we have information that billing in back dates was done by these shops to evade probe against them," said the official. Continued on Page 2

Upload: hoangtu

Post on 02-Jul-2018

217 views

Category:

Documents


0 download

Report

TRANSCRIPT

Page 1: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

���������� ������� ����

����� ��������

In a bid to pacify the public,given the hardships being

faced by them followingdemonetisation in the middleof the marriage and sowing sea-sons, the Government onThursday eased restrictions oncash withdrawal by farmers andfamilies with upcoming wed-dings. However, it more thanhalved the limit of exchange ofdefunct notes.

While the Governmentallowed withdrawals of up to�2.5 lakh for weddings and upto �50,000 for farmers perweek, it lowered the amount ofmoney that an individual canexchange from to �2,000.

The use of indelible ink forsuch withdrawals will contin-ue. “Families preparing for awedding can withdraw up to�2.50 lakh from a bank accountand we have allowed up to�50,000 for farmers per weekafter giving their PAN detailsand self-declaration.

“However, with effect fromFriday the amount of moneythat an individual can exchangefrom banks by handing over the

old �500 and �1,000 notes hasbeen lowered to �2,000 from�4,500 earlier, only once tillDecember 30,” EconomicAffairs Secretary ShaktikantaDas told reporters.

Assuring the public,Finance Minister Arun Jaitleysaid that 22,500 ATMs were re-calibrated on Thursday itself.On the decision to limit theexchange of banned �500 and�1,000 notes to �2,000, he said,“The Government’s decision tolimit the exchange of banned�500 and �1,000 notes to�2,000, from the existing cap of�4,500, would stop misuse offunds. Also, around 10 per cent

of ATMs would be recalibrat-ed to dispense new notes.”

He further added that thedecision to allow withdrawalsof up to �2.5 lakh for marriageswas intended as a relief forpeople.

As far as farmers’ woes areconcerned, the Governmentsaid those farmers who havetaken crop loan or have KisanCredit Card can withdraw�25,000 per week. “Also thosewho have got paymentsthrough RTGS or a chequedeposit in a KYC-compliantbank account can withdraw anadditional �25,000 a week.

Continued on Page 2

������� ���� ��������

Delhi Chief Minister ArvindKejriwal on Thursday can-

celled his Ahmedabad rallyand joined hands with WestBengal Chief Minister MamataBanerjee to launch an all outattack against Prime MinisterNarendra Modi’s demonetisation decision.

Addressed a rally at Asia’slargest fruit and vegetable mar-ket Azadpur Mandi, both theChief Ministers made a doublebore attack on the Centre forthe problems being faced bythe common man.

They warned the Centrethat there would be intenseprotests and unrest in the cityand across the country if theGovernment did not with-draw its demonetization deci-sion.

“Take back this decision inthree days... Don’t test thepeople’s patience. Otherwise,there will be a ‘bhagawat’(revolt) by the people,” saidKejriwal.

The TMC supremo saidsuch a crisis was not witnessedeven during the dreadedEmergency days and Modihad broken constitutionalrules.

“Why didn’t you (Modi)make a proper plan before theimplementation (of demon-etisation),” said Mamata andalso asked the Centre to rollback the decision in threedays.

“We support the fightagainst black money but thepoor and the less privilegedshould not suffer. We will notstay silent.

And, if it is not done (with-drawn) in three days, then thecountrymen will not spareyou,” she added.After theAzadpur Mandi rally, the twoleaders held a demonstrationoutside the Reserve Bank ofIndia (RBI) on ParliamentStreet and demanded that theCentral Bank tell them aboutthe availability of the new cur-rency notes.

Both Azadpur Mandi andRBI headquarters are sensitiveplaces as Azadpur is the trad-ing hub of the Capital while theentire demonetisation processis being regulated by the RBI.

����� ��������

The ruling party and theOpposition on Thursday

clashed on a new front intheir ongoing war of words onthe demonetisation of �500and �1,000 currency notesafter Leader of Opposition inthe Rajya Sabha Ghulam NabiAzad likened Uri terror attackcasualties to the deaths dur-ing the demonetisation “cri-sis”. The ruling side termedhis comment as “anti-nation-

al” and clamored for an apol-ogy from the Congress, lead-ing to adjournment of theUpper House for the day.The Rajya Sabha Chairmanlater expunged Azad’s com-ment from the record.

While demanding thepresence of PM NarendraMondi in the Rajya Sabha andasserting that the House willnot be allowed to function tillthe PM was present duringthe debate, Azad said 40 peo-ple had died due to hardship

caused by the Government’sdecision on demonetisation.

“People are sufferingbecause of demonetisation.The death toll has reached 40.In the attack by Pakistaniterrorists (on army camp) inUri (in Kashmir), even half ofthe deaths did not take place.People, more than doublethat figure, have died due towrong policy of theGovernment.”

In the Uri attack, 18 Armypersonnel had been killed.

����������� ������������

�������������� ��������

The standoff between theTreasury Benches and the

Opposition may get prolonged,with the NDA Government onThursday refusing to concedeto the demand that PrimeMinister Narendra Modishould be present during theunfinished debate on demon-etisation in the Rajya Sabha.The Lok Sabha also could notdiscuss the issue, with theOpposition insisting that itshould be carried out underprovisions mandating voting.

Dismissing theOpposition’s demand thatModi must be present in theUpper House during thedebate, a senior Minister said,“In each meeting with theGovernment there was no suchdemand from the Opposition.”

“In any case, the PrimeMinister is willing to come tothe RS, but the Governmentwill not accept any precondi-tion that Modi’s attendance inthe House is must for resump-tion of the debate,” he added.

Union Information &Broadcasting MinisterVenkaiah Naidu said, “Halfwaythrough, they realised that byraising such a debate it wasboomeranging on them. Nowthey are trying to find a way tocome out of this and then stallthe debate on one pretext or theother. They are speaking in dif-

ferent voices and are not com-ing out openly either for oragainst the move. They are ina dilemma and that dilemmawill continue.”

Dubbing the uproar by theCongress and other Oppositionparties as an “excuse” to stallthe debate, Naidu alleged thatthere was no rationale behindit. The Minister said thingswould happen as per the rulesand procedures of the Houseand urged that the debateshould go on.

Naidu said the entire coun-try was watching who wassupporting hoarders and peo-ple with black money and whowas with the Government andthe Prime Minister, who had“taken such a revolutionarystep. They have to make a choice”.

“Let the discussion takeplace. Then (it will be decided)who will reply in theGovernment. It could be theMinister concerned. The solu-tion will come through theGovernment as per traditionsand rules,” he said.

The ongoing controversyin the RS apart, the proceedingsin the Lok Sabha, which wasadjourned for the day onThursday, may also run into aroadblock unless the Oppositionsteps back on its demand thatthe discussion take place undervoting provision.

Continued on Page 4

�������������������������������������������������� ���������������

��!�"����������#��� �����������!��$�%�� �����$�&����%�

'������������ �������()�)�!��*�%��$��)+��,�����,�����-���!$�+��� �������(���������&���$�.��� ��/,��������%������,������������������������������,��0����������������%�)�,����1,����� �12�

������������������������������������������������������

��������������� ��������������� �

���������������� ����

The united Opposition in theleadership of the JMM on

Thursday chalked out a strategyto prevent the State Governmentfrom getting the CNT-SPT Actsamended through the House.

The Opposition plan ofaction included bringing in theAdjournment Motion in theHouse on Friday and persistentdisruptions thereafter.Theadjournment motion is an extra-ordinary procedure which, ifadmitted, leads to setting asidethe normal business of the Housefor discussing a definite matter

of urgent public importance.TheOpposition's meeting was calledsoon after the House adjournedon Thursday following the for-mal start and paying condolencesto those who have passed away.The Motion is aimed to counterthe Government's move to bringin two separate Bills to makechanges in the tenancy acts and

forcing it to retract."The Opposition would

oppose the step of theGovernment taken in this regard.The CNT and SPT Acts are inexistence for decades andbrought by the Britishers to pro-tect rights of the tribals andmoolvasis over their land.

Continued on Page 2

�������������������������������������� !"�#���$������%���� ��������!�����%

����������������� ��� � ������������

/,���� ����������,�����)�������!����������������������0��������������� .�����������������������,��������������������������� ��������������,�����������������,��/�1$���1���������,��'�����)� ����0���������������,��",��������� ������,����1,����� � 3�� � �����4�������

����� ����

Swinging into action afterthe Centre's demonetisation

move on November 8,Income-Tax (I-T) Departmentalong with EnforcementDirectorate (ED) on Thursdayraided as many as five jew-ellery shops simultaneouslyin Ranchi and Ramgarh toidentify the people who pur-chased gold in large quantitiesafter currency of �500 and�1000 were banned in thecountry. Sources in the I-TDepartment also said that fiveteams involving 35 I-T sleuthswere roped in to conduct theraids.

"A total of six premises of fivefirms -- Tribhuvan Sons

Jewellers, Alka Jewellers, NewAlka Jewellers, Heera PannaJewellers, and KundanJewellers in Ranchi along withTribhuvan Sons Jewellers inRamgarh are being surveyedsimultaneously by the IncomeTax," said a senior official in

I-T Department. Raids wereconducted on the basis offiled information gatheredthrough various sources, hesaid.Following the raids, manyof the jewellery shop ownersput their shutter down out ofpanic and chose to close downtheir shops.

"We are trying to findwho those people were, whopurchased gold in the last twomonths," said the IT official.

CCTV recordings along withtheir balance sheet and otherdocuments were also beingscanned to identify those peo-ple who visited these shops inthe last one week, he added.

"Records of the last twomonths are also being scannedas we have information thatbilling in back dates was doneby these shops to evade probeagainst them," said the official.

Continued on Page 2

&����� ����'�(�$�����������)���*���+*� �

������������������������������������%��� ��,�������������,���� ������������2����51�6�)�������������%��,��,��7���������)����������������,���1,����� � �����.��4�������

���������� ��� ������������������� ���������� ����

�!�"#$�%�

��� ������� ��� ���������������������������������

�&'('�(�)������������ �����

����� ���������

*&�"+�%����������������� ��������������

������������� ����������������������������� �����

������������������������� !�" #���$�

#��#$!�%"$& &$!����&$���&��$!��'$&������&$��!

���� ������������ �������� �!"#�$%��&��#��'��(()�!#*)%

����������� !"#

���$�%�&��������� '�� !%�() "*���+�� "��,

���(������� ���(���

���������� �!�"#"�$%�����&'%��%()*+%,", &"�-

Page 2: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

�������&$!����)��&��$* )�!�+�,#�&�-./�01-2

From page 1The community has fought

hard to safeguard the Acts.Now, suddenly the Governmentdecides to amend the Acts.Industries have been comingeven without the provisionswere there. Then, what is theneed of bringing the amend-ments in such a hurry," askedCongress Legislative Party leaderAlamgir Alam.

The show of strength alsobrought out a strategy to dealwith the situation where theGovernment is in no mood totake back its step, despite the

reports coming about resent-ments within the ruling partyand its ally. Partner AJSU hasopenly opposed the move.

"The AJSU may take a bigdecision, if the Governmentgoes ahead with its plan onthe land reforms," warnedAJSU MLA Vikas Munda,who earlier quit the TribalAdvisory Council (TAC) onthe issue.

Its party legislators sat sep-arately ahead of NDA's meet atthe residence of AJSU supremoSudesh Mahto and opposed themove to amend the Acts. "We

would attend the meeting. It isthe job of the party to express itsfeelings whereas theGovernment is free to adopt itor otherwise," said Ministerfrom AJSU quota ChandraPrakash Chaudhary ahead of theNDA meeting.

The Opposition also eyesthis internal feud. "We will notallow any alteration in the CNTand SPT laws at any cost.Decision of the Cabinet is notthat of God. The party and entireOpposition would disrupt pro-ceeding of the Assembly if theGovernment goes ahead," said

Leader of Opposition HemantSoren.

The Government is slated tointroduce the Bills to amend theActs on November 23. However,idea behind the Oppositionmoving an AdjournmentMotion on Friday itself is not let-ting the Government transactmuch business ahead of theexpected disruptions.

To smoothen the way ameeting of NDA's legislativebody took place at the residenceof Chief Minister Raghubar Dasin the evening in which it wasdecided to go ahead with thedecision.

"The Government is bring-ing the Bill which can be dis-cussed and debated. If theOpposition has any objection tothe clauses, it can be broughtbefore the House. This is the waya healthy democracy can func-tion," said BJP's chief whip

Radha Krishna Kishore who alsosnubbed that there was any dis-enchantment within the party.

Parliamentary AffairsMinister Saryu Roy observedthat since the Opposition wasunwilling to allow the House tofunction which meant theyintended the Bills to be passedwithout any discussion.

Earlier, the Congress stageda protest at Birsa Chowk andalso outside the House opposingthe move and also seeking judi-cial probes into the three firingincidents having taken place atdifferent parts of the State overland acquisition and other issues.Party MLAs were wearing ban-ners and sloganeered against themove.

Police had to face stiff resis-tance from the party membersat Birsa Chowk when they start-ed marching towards theAssembly for a gherao.

From page 1Jewellery shop owner-

sandemployees will be asked toidentify those people who visitedtheir shops in the last eight days,he said.

Sudden demonetisation of Rs500 and Rs 1,000 notes caughteveryone nervous and confused inRanchi, triggering panic buyingamong the people that continuedfor several days. Most of the jew-ellery shops in Ranchi reportedlyremained open till midnight afterdemonetisation with peoplethronging on them to purchasegold.

�((��+�,%%-�.%*#�%�+/��%/#/!��)#0,��+.#� 21��������8��%�����,��9999

From page 1The Government is ready

to have a discussion in the LokSabha under Rule 193, whichdoes not involve voting.

Parliamentary AffairsMinister Ananth Kumar saidthe Government was willing todebate the issue under Rule193, as it did not want two voic-es to emerge from Parliament.His comment drew loudprotests from the Opposition.

As Opposition partiesrefused to budge, SpeakerSumitra Mahajan adjournedproceedings for the day after a25-minute adjournment earli-er.

Earlier, as soon as theHouse met, TrinamoolCongress leader SudipBandyopadhyay said his partywanted to move an adjourn-ment motion.

Leader of the CongressParty in Lok Sabha MallikarjunKharge said his party too want-ed to move a similar motion todiscuss the “hardship being

faced by the people and theeconomic disruption and thefailure of the Government toredress the plight of the people.”

He said another issue hisparty wanted to flag was the“leakage” of the information ondemonetisation before it cameinto force.

The Question Hourbetween 11 am and noon wenton amid continued vociferousprotests and sloganeering byOpposition members, includ-ing those from the Congress,TMC, the Left, SP and RJD.Members of some other parties,including AIADMK, were alsoseen in the aisle.

“We all want a discussionunder Rule 56 so that we canknow what the stand of all par-ties is when they vote. Theneveryone will participate,”Kharge said.

Kumar from theGovernment’s side insisted thatpeople at large are with PrimeMinister Narendra Modi’s deci-sion on demonetisation.

���������� ������� ������

�#,"�)�1��,��#�,%.��%&!"#/$%�222From page 1

This takes the total cashwithdrawal limit for farmersfrom KYC-complaint bankaccounts to �50,000 perweek,” said a Finance Ministrydirective.

In order to check multiplewithdrawals , as per the

Finance Ministry’s directives,some select bank branchesacross metro cities havealready started applyingindelible ink on the index finger of the right hand.

“There is enough cashavai lable with theGovernment.

���������� �������������������������������������������������������������������������������������������������������������� ������������������������������������� ��������������������������������������� ��������������� �� ���������������������������������������������������������� ������������ ����� ��������������� ��������������������������������������������������� ����������������������������������������������������������������������������������������������������� �������� �!����������������"���������� ���������������������������� �������������������� ���� ��������������������������������� �����������������������������#��������������������������� ���� ����$����%����&�������������������������� ��������������� �����������������������'����������������������������������� ���������������"��������������������(�����������������������������

����������� ������ �������������������� ��������������������������� ����������� ��������� ��!�������"�������������#���#����$%&'((%�)���(* &'&(( &&� &(&& � &(&&*�$���+,�������������-.����������������/������� ������.0����������01������2�3��0�4�#���#����56������78�����+����������#/1#�.��60�8/9: ((%: *&(�#89;�/��#/$<' : ((%��1#�=#�0�#98��#��<�((8��+�������4�� ���>��/����+���?���+��� �@����� ������+4�.����@�������������+��,�����;����)���������+8��4A+(<<$ &BCC B<$B'�(<<$'(BC'<((�(*%B< &' B<!2+(<<$ &BCC BC������>3�����+'��!���������������.�������!�D �#���������> E(<E�)���������+(C $ &'E''&� &'E'''� &'E''C�

Page 3: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

��� �����&$!����)��&��$* )�!�+�,#�&�-./�01-2

�������

������-������ �����������,,%1*)���(%#-%����/%,"��#+/�"#,�0%)!+1%.��"%1+3%��+�.%1+/%��,%! ��%/!�%,�#/.�,#�.����#,�%(��#-%/��/���$"�.��%!��+/2�/�"�,��/# $ �#),(%%!"�#���"%�*%$�//�/$�+'�"%���/�%���%,,�+/�+/ " �,.#����"%��(%#-%��,#�.�"#�����0+ ).��#1%(�+'��%%�,�#/.�"+#�.%�,

#/.�(%+()%�#��)#�$%�"#3%�0%)!+1%.��"%�,�%(�.%,(��%�"#�.,"�(,2��+��%1#/���+�%/�#),+�(�#�,%.��"%�,�%(2����

�'���&&�����.'��$��������$���� ����#�%�4#/-�+'�/.�#�5�46�"#,,�#��%.�+''%��/$��%#�*�,! ��,#/.�0#�%���+�3�,��+�,�,�#/.�/$�/�7 % %�'+��.�''%�%/��*#/-�/$( �(+,%,��(��1#��)��'+��!#,"0��".�#0#)�#/.�$%���/$�+).��888�#/.�988�� (%%�/+�%,!"#/$%.2� "%�*#/-�"#,

,�#��%.��"�,�,%�3�!%�#���#��#��#/!"��#/.��+�#/.#�*�#/!"%,2��''%��/$�"%��%'�%,"1%/�,��+�3�,��+�,��/�7 % %�#��#/!"��*�#/!"����:�#1)#-#����/$"��"�%'�:#/#$%��5�46��#3%%/�� 1#��,#�.��"#���"%%1()+�%%,�0%�%�����/$��"%���*%,���+�%#,%��"%�(�%,, �%�+/�3�,��+�,2

��������$��-���-�����/-$� ��+���+3%�/+����+ (#.�: �1 �3�,��%.�#�/�-��!"++) �)#��#�#,�(#���+'"%��3�,����+�+.%�1#��+.#�2�+)+/%)����4"#�����/!�(#)��#�/�-�!"++)� �)#��#;���!+)����#<#-���:

�.1�/�,��#��3%��''�!%�����7/��.���#/<#��� 1#�����!%����/!�(#)�#/..�,���!���''�!�#),�+'��+.%�1#�.�,���!��0%)!+1%.��"%��+3%�/+��#,�"%�!"+((%��)#/.%.��/��"%�"�,�+��!��+)��#.%+!-���#.� 1�+'��#�/�-��!"++) �)#��#2� "%��+3%�/+��0#,�1%,1%��=%.�*���"%�4#/.���,()#��+'��"%�!"++)�*#/.�+'��"%�,!"++)�#/.�!+1()�1%/�%.��"%�,!"++)#.1�/�,��#��+/�'+���/,��))�/$�$�%#��.�,!�()�/%�#/.�!+11��1%/���/��"%�#.%�,�+'��"%�,!"++)2� "%�%/���%��#�/�-��!"++)� �)#��#�'�#�%�/����0#,(�%,%/��#/.�,%%1%.�"�$")���/,(��%.�*���"%�1#�.%/�3�,���+'��"%�+3%�/+���+��"%�,!"++)2

��'���+���0��$� ��������-�$�����).�/+�%,�+'�,�988�#/.�,��888�/+�%,�0%�%�%&!"#/$%.��"�+ $"1+*�)%�!+ /�%�� /.%��>�(-���%3#�1%��#(-%��0#�?�#1+/$��"%0+1%/��,%/�+��!���=%/,�#/.�.�,#*)%.�(%�,+/,��/��#�)�������+)+/��#��%0�� /.#$��/�#/!"��+/� " �,.#�2���4�� /.%���"%�,!"%1%�"#,#),+�*%%/�+�$#/�=�/$�, !"�!#1(,��/�:�)��#���!#1(,�#/.�!+)+/�%,�+')+!#)�!+1(#/�%,��+�(�+3�.%�,+1%��%)�%'��+��"%�(%+()%2

������������ �����

Following reports that theMaoists have been forcing

poor villagers to deposit andexchange their black moneyearned though levy and otherillegal means an alert havebeen raised by Jharkhand Policeto keep a tab on such suspicioustransactions. The Maoists arereportedly forcing people in theNaxal hit districts of Gumla,Lohardaga and Latehar todeposit small amounts in theiraccounts to be taken back afterthe things get normal.

“We have already takensteps in this regard alerting theMaoist affected districts to keepa tab on such transactions andtry to know the source of theamount deposited by someonein his account which remaineddry earlier,” said IG(Operations) and JharkhandPolice Spokesperson MS Bhatia.In addition to that, the intelli-gence agencies have also beenroped in to inform the policebeforehand if they get to knowabout such transactions, headded.

“All those accounts will bescrutinized which earlierremained dry and a suddendeposit was made in it afterdemonetization,” said Bhatia.

Moreover, the Government hasalso taken steps to check suchincidents by decreasing thecash deposit limit to Rs 50,000till December 30 in an account,and decreasing exchange limitof notes of higher denomina-tions to Rs 2000 from Rs 4500,said the IG.

Latehar SP Anup Birthareyalso said that the Maoists havegot panicked following demon-etization of Rs 500 and Rs1000 notes and suspended theirregular activities due to cashcrunch.

“We are getting inputsfrom our intelligence networksthat the Maoists have evenpostponed a high level meetingto be held here at Budha Paharto be attended by top Maoistleader of Jharkhand and Bihardue to cash crunch. They arealso having problem in meetingtheir two ends due demoneti-zation as the villagers are notaccepting Rs 1000 and Rs 500notes from them,” said Birthare.

Meanwhile, they were try-ing to get their black moneyconsumed though traditionalsupporters like contractors andbusinesspersons in remoteareas. “We have asked our mento be vigilant by keeping a tabon their activities; continuousraids were also being carriedout at the houses of Maoist sup-porters to prevent any suchactivity, he said.

“Checking at Police pick-ets has also been intensified toprevent transfer of cash fromone place to another,” he said.Referring to forceful deposit ofmoney though villagers, the

Latehar SP said that all suchaccounts receiving abnormaldeposits would be scrutinizedlater.

“We also have receivedinformation that Naxals areusing villagers to deposit theirextortion money into bankaccounts so that it can be con-verted into legal currency,” said

the SP. Recently, the CRPF recov-

ered Rs 25 lakh from two sus-pects of People’s LiberationFront of India (PLFI), a break-away faction of CPI (Maoist)from Bero near Ranchi. Thetwo arrested suspects were saidto have links to PLFI supremoDinesh Gope.

According to reports,Naxas have amassed more thanRs 1,500 crore though organ-ised extortion business in theform of levy. Many splintergroups like PLFI was said to beindulged in levy collectionbesides carrying out kidnap-ping, looting, and narcoticstrade, said the police.

���������������������++�,�����-����%�%*%),�1%%��#�>4 ."#��#"#�?(+,�(+/%.�. %��+�!#,"�!� /!"

���������������"����������,���������������������������������������)�!! �������������6�,����������������,�������:$;;;�����8;;������� �����������2.�/�� ������,����1,����� � 3�� � �����4�������

����� ����

Nearly 83 lakh bankaccounts opened under

the Prime Minister Jan-DhanYojna in the State so far areunder intense scrutiny fol-lowing the Government’sdemonetisation move. StateLevel Bankers’ Committee(SLBC) has alerted all thecommercial banks for that.

The step has been initiat-ed following a direction com-ing from the RBI specificallyinstructing banks to report anyunusual transaction made tothe Financial Intelligence Unitand tax authorities for furtherscrutiny.

“The direction is espe-cially regarding the zero-bal-ance PMJDY accounts thosehave been mostly left idle forlong and have woken up sud-denly after the recent incident.Data is being gathered nowabout such tractions and it willtake another 8-10 days whenwe would be verifying thoseintensely,” said Uttam Banerjeeof SLBC.

Reports coming in suggestthat black money hoardersare trapping such accountopened mostly by poor andfarmers by the Government topark their illicit sum in orderto turn it white after sometime. An RBI official at Ranchi

office confirmed about theploy being adopted.

“We as a regulator cannotdivulge much detail but ourofficial communication andinstructions given to all thebanks are very much there. Ifany truth is found in suchapprehensions then legitimateaction would be initiated bythe banks,” said he. Task to col-lect such details and any sus-picious transaction have beengiven to the SLBC.

Deputy General Managerof the Allahabad Bank SKSingh also admitted aboutvigilantism underway intoover 60000 PMJDY bankaccounts with it. “No writteninstruction has come in thisregard but yes we are vigilant.Transaction acceding Rs 49000in such accounts is not allowedand if any unusual activity isfound the account would befridge,” he said.

SLBC officials also main-tained that such transactionsare on the radars of theIncome Tax Department offi-cials. “Formal communica-tion has not been done so farbut our management is intouch with IT Departmentover any untoward transactionhappening following thedemonetisation step. We canshare relevant data if requiredwith them,” said an official.

��"��"���������� �����5),���������

����� ����

Governor Droupadi Murmusaid on Thursday that that

empowerment of women willensure speedy development ofthe nation. While, inauguratinga new Block cum Circle officebuilding in Chandwara ofKoderma district she appealedwomen to come forward andspread awareness among themasses to eradicate social evils.She also asked people to makeSwachchh Bharat Abhiyan suc-cessful by using toilets andencouraging others for thesame.

The Governor informedpeople on the occasion thatgovernment was trying to setup new colleges and institu-tions for ensuring higher edu-cation to youths of the State.She said that Panchayats shouldbe developed to develop theState and nation and for thisawareness among rural repre-sentatives was a must. She alsoappealed for increasing partic-ipation of women inPanchayats.

Murmu, on the occasiondistributed land ownershippapers to four persons underthe Forest Rights Act and alsovisited stalls of differentdepartment put up there. Shealso visited the Nari AdalatDamodar Mahila MandalSangh at Chandwara and tookstock of the activities of womenthere. The Governor praisedthe efforts of women on theoccasion and said that thewomen group was not onlysolving common public issuesbut was helping police by solv-ing matters of domestic vio-lence. She called for spreadingawareness of the work beingdone by the group not only atthe State level but in the wholenation.

The Governor also inau-gurated a Model Anganwadicentre at Pipradih and appre-ciated the work being done bywomen groups in the field ofconservation of water.

'�3�� �������4������� ��������� �

*�!�����)�������� ��������������������������� �����%�������������"�����������/,��%������&������������������1,�����

��������,���

����� ����

Expressing his concern overnot selection of any city of

Jharkhand in sanitation survey,Chief Minister Raghubar Dassaid that people should endeav-our to get towns enlisted in thesurvey. “No campaign can besuccessful without public par-ticipation. We should workwith cleanliness in our mind,”Das said while addressing theregional workshop on sanita-tion survey conducted byUrban DevelopmentDepartment here on Thursday.

He directed the team oflocal bodies to make a roadmapfor producing electricitythrough recycling the garbage.He said to consider other alter-native of producing electricityalso. “We should try our levelbest to make the urban areaODF by December. Peopleshould be connected with thiscampaign. Common toiletsshould be made for slumdwellers and operated by localpeople through a committee,”he said.

Urban developmentDepartment Minister CPSingh, Ranchi Mayor AshaLakra, Chas Mayor BholuPaswan, Principal Secretary ofthe department Arun KumarSingh, SUDA Director RajeshKumar Sharma alongwithother senior officials anddeputy mayors of differentmunicipal bodies were pre-sent on this occasion.

/ �����������!����������������

�,��",���������,�/�������/���������<��//=������������",�����,���������%��,����� �����������%��"����������������������������,��������*�!�������������������������������������������,����1,����� 3�� � �����4�������

������������ �����

In a bid to extend a helpinghand to minor children who

return to the mainstream aftergetting inducted into Naxalgroups, the State Governmenthas begun recruiting them asBal Arakshi, who will later beappointed as regular constablesonce they attain an age of 18.Until then, those children willget half of the salary of a con-stable to meet their daily needs.

“The minor children, whosomehow manage to get backinto the mainstream afterreturning from the Naxal fold,are given a chance to rehabili-tate themselves by appointingthem as ‘Bal Arakshi’ into thepolice force,” said IG

(Operations) cum JharkhandPolice Spokesperson MS

Bhatia. In the mean time, theyare also given a liberty to con-

tinue their studies if they wantto, he added.

“Once they attain the age18, they are given a choiceeither to join Police Force asregular Constables or continuetheir studies further. “If theysay that they want to continuetheir studies further, the salarythey were getting will bestopped immediately,” saidBhatia.

IG (Personnel) ArunKumar Singh said that thearrangement have been madeto give a positive messageamong the minor rebels thatthe Government was there tosupport them and they will notleft alone if they join the main-stream.

“To appoint Bal Arakshi,

there is a condition that thereshould not be any case regis-tered against them in any of thePolice Stations during theirstay with the rebels,” said Singh.

Singh said that only twochildren – Bal Muni ofLohardaga and Achu Herenz ofChaibasa, have been appoint-ed as Bal Arakshi by theJharkhand Government wherethe proposal made by DistrictCompensation Committee andDistrict RehabilitationCommittee goes through along process, finally gettingan approval from ChiefMinister Raghubar Das.

CM, on Foundation Dayon Tuesday, gave appointmentletter to Bal Arakshi Bal Muni,studying in Class VII.

��������������������>��������,����,�>������"�,��

�����(�����<:8� ���=��������,��",���������2!���������/����� �������5:�����,� �������4��,���

���������� ����

Demonetization of �1,000and 500 rupees currencies

is proving to be boon for bad-loan ridden banks, as several‘otherwise’ cash rich borrowersnot paying their loans wereseen queuing up to clear theirdues with old notes.

Many banks have claimedthat some movements havebeen observed in small-sizedpending loans, where recover-ies are taking place.

“This type of loan paymenthas been observed largely inPNPAs (Potential Non-Performing Assets). As far asmy bank is concerned, wehave seen that borrowers,whose pending loan size wasless than �10 lakh, were seenas most interested in payingtheir loan back. We have got arecovery of little over �10crores against our entire such

loan amount of anywherebetween �400-450 crores inJharkhand. Though amountmight not be sizeable, but theindication is remarkable,” saidpublic sector lender AllahabadBank DGM SK Singh onThursday.

Bankers also believed thata large fraction of black moneyhoarders was targeting thosesmall borrowers who havedefaulted to pay their loansback to banks, so that theirblack money turns whitethrough these borrowers. Anofficial claimed that suchhoarders were targeting thosewho have not paid their home,car or personal loan install-ments for some months.

In a layman’s word, PNPAsare the loans which, banksbelieve, are most likeably goingto become as NPA. Banks putloans under PNPA when theinstallments for those loans

have not been paid for morethan six months. Singh saidthat though there were no

movements in large-sizedPNPAs, small-sized borrowerswere seen depositing blocked

installments against their loansafter �1,000 and �500 denom-ination notes were demone-

tized on November 8.According to RBI guide-

lines, deposit of demonetized

notes into all types ofdeposit/loan accounts isallowed. Anybody depositingmore than �50,000 in cash intheir bank account has to sub-mit a copy of the PAN card incase the bank account is notseeded with PAN.

An official at SBI,Kishoreganj branch, said thata customer, who had default-ed on paying education loanfor his son, came with dirtycash to clear his dues.

Echoing a similar view, asenior officer of PunjabNational Bank (PNB) said thatsmall-sized pending loans wereseen being cleared. “However,this has not turned into atrend yet, which is both sur-prising, and not so surprisingat the same time. It is surpris-ing, because we expected thatborrowers would use thisopportunity in clearing theirpending loans. However, we

have also seen borrowersexhausting their energy in sit-ting with tax consultants andothers to decide their furthercourse of action,” said PNBDGM SK Pradhan.

However, Pradhan saidthat Jharkhand remained astate where most of the smalland mid-sized loan under �2 lakh was distributed to thefarmers. “These farmers alwayskeep on looking at the gov-ernment expecting that theirloans would be written off.Hence, they are neither showing any interest in payingthe loan, nor they are expect-ed from bankers. But tradersowing less than �.10 Lakh aretrying their best to use thisopportunity. But I would saythat this is going to happen.Defaulters are just taking littlemore time,” said a senior StateBank of India official seeking anonymity.

������� ���������� ��� ������� ��������� ��

���������%��������������"�����������������6�,�����,��������8;;�����:$;;;�����������,����1,����� �����.��4�������

Page 4: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

� ����� &$!����)��&��$* )�!�+�,#�&�-./�01-2

����� ��:������

Asix-member team ofexperts from Forensic

Science Laboratory ( FSL),Ranchi and sleuths ofCriminal InvestigationDepartment (CID) onThursday began probe into tothe sensational twin murderthat took place at an apartmentin Mango under Ulidih policestation area.

During the investigation,the CID team (from Ranchi)recovered one blood-stainedglove from a bush outside thebalcony of the apartment onthe first floor of KritibasBhavan inside MadhusudhanComplex.

Assailant slit the throat ofboth Manju Prasad (41) andfour-and-half-year-old sonDweej Kumar after lockingthe door from outside. Afterthe forensic experts had takenfinger-prints from the spot,the police this afternoonremoved the bodies for post-mortem at the MGM MedicalCollege mortuary.

The police have also takena statement from the murdervictim Manju's husband ShashiPrasad for registering a case inconnection to the incident.

Superintendent of police(city) Prashant Anand saidthey have recovered a couple ofevidence from the room wherethe murder took place and

also from outside the apart-ment.

" It is too early to com-ment.The twin murder havebeen committed by someonewho appeared to be known tothe victims. He had fled thescene having locked the roomfrom outside. We are carryingout a scientific investigationinto the entire episode byengaging forensic experts andalso CID sleuths," said Anandwhile talking to the media.

Anand said that there isCCTV cameras in the premis-es of the Madhusudhan resi-dential complex and that theywould take the footage of theCCTV camera for finding outthe culprit responsible for theheinous crime.

It may be recalled, Prasad(45) who is posted as seniormanager at Indian OverseasBank Kolkata had on the late

evening of Wednesday sentone of his former colleague,Aditya Prasad, to check whyhad his wife was not respond-ing to his call since Tuesdaymorning. Aditya who works inthe Mango branch of the IndianOverseas Bank came and sawthe door was locked. But whenthe call ring was coming fromthe closed residence, he con-tacted the Ulidih police station.The police arrived and saw awoman and a child were lyingstill at their bed. Police alsofound the throats of the moth-er and son were slit.

The police and CID sleuthssaid the killer who must beknown to the woman musthave taken tea and killed boththe mother and son andthrown out the glove throughthe balcony and fled the sceneleaving the door to the flatlocked from outside.

.�+���� �)� ��+���������������+&� ����/����������)�)����

���������������������!������,�������������������,��������0������ ��!���9��������,���

����� ��-���+���

Farmers of Haratu areconvinced that the three

oxen so found killed arethe prey of the lone tigerthere.

Sources said the threeoxen were killed by the tigerat Achaar Pahar under Haratu.

One injured ox managedto escape the wrath of thetiger. Sources said PTR officials are alert for the safe-ty and security of the tiger askilling domesticated animalsmay invite some kind of wrathfrom the villagers.

Sources said PTR has ahistory of revenge inflicted onwild l ife by people l ike poisoning of a famous tigressnamed Begum to death and a couple of elephantskilled by naked electricitywires in the past.

Sources said this revengekilling arose when there wasthe outbreak of conflict between man andwild life.

DFO Buffer of PTRMahaling has confirmed thethree kills by the tiger atHaratu's Achaar Pahar twodays back.

DFO buffer said the oxenbelonged to primitive tribalfarmers namely MahavirParhaiyya and VirenderParhaiyya..

1�������"�������>"��?����,�����,��

����� �����

Incredible India’s rich cul-tural heritage seemed to

spread its colours on the stu-dents of Delhi Public School(Primary Wing) when theygot a rare opportunity to wit-ness ‘Gotipua’ a ritual danceperformance of Odisha here onThursday. It is a folk danceassociated with the famousJagannath temple of Puri andSun temple of Konark.

The programme wasorganised by Society for thepromotion of Indian ClassicalMusic and Culture Amongstthe Youth (SPIC MACAY),which seeks to conserve andpromote awareness of Indiancultural tapestry amongst theyouth of this country which isbeing increasingly marginal-ized and diluted due to globalhomogenization.

‘Gotipua’ the dance per-formance by boys dressed asgirls depicted Krishna Leelaand was a combination of acro-batics folk and classical move-ments. It was quite scintillatingand mesmerizing presentation

by the young artists.School gave a warm wel-

come to the team by tilak cer-emony which itself is a tradi-tional way to welcome theguests in India.

Principal Dr. Ram Singhsaid on the occasion, “Studentsshould be given opportunity tosee, learn and experience aboutIndia’s rich cultural heritagewhich is both intense andinspiring”. He applauded thededication and perfection ofyoung artists and said thesetypes of programmes seek tofoster the traditional Indianvalues and generate awarenessof culture tradition and her-itage of India among the chil-dren as the essence of Indianculture is slowly fading away.

A lot of thoughts andqueries which gathered in curi-ous minds of students wereasked to the young artists. Theknowledge acquired from theirprecise answers proved to be ofdeep knowledge for the stu-dents.

Students and teachers gavea standing ovation as the artiststook a bow on the stage.

����� ��:������

State Bank of India (SBI) hasdecided to start micro

ATMs to ease rush of peopleat the banks. Chief manager ofSBI Kumod Jha said that thebank is extending a new facil-ity and they would start thefacility of micro ATMs in aday or two. " It is a novel wayto provide cash to the people.It's a mobile swipe machinewhich will be accompanied byour staff. People wanting cashcan swipe their debit ATMcards. Their account wouldget debited. Our staff accom-panying the mobile facilitywould provide the requisite tothe customer," he explained.He said that the move willhelp people as they can swipethe card at ease.

Meanwhile, the rush ofpeople in banks and post-offices for exchanging casheased today while long queueswere seen outside ATMs of afew selected banks.

According to information,all the seven ATMs of StateBank of India (SBI) Bistupurmain branch today starteddispensing the new �2,000currency notes alongwith�100 notes.

"We have been giving the�2,000 new currency notes tocustomers in exchange forold currency notes of �500and �1,000. As the configura-tion work of the ATMs havebeen completed we could pro-vide �2,000 through themachines, " said R K Verma,assistant general manager ofSBI's Bistupur main branch.

According to him, cur-rency notes of �100 and �2000was loaded to as many as 50ATMS across the city todayfor the convenience of people.

Meanwhile, apart fromSBI several other banksincluding Bank of India alsostarted using indelible ink onthose who had come forexchanging old currencynotes. People continue todeposit cash in their accountsin different accounts by stand-ing in queues.

" I welcome the move ofthe Government though wefaced some initial problemsbut now things haveimproved. I had depositedthe old currency notesamounting to �4,000 in myown account," said a schoolteacher.

./"%0�%10��0%�����% �#1%0���1�%�21�%��%�����%�0%�� �1

����� ��:������

Chief minister RaghubarDas will flag off a special

train for Maltipatpur (in Puri)from Tatanagar railway stationon November 18 at 9 pm. Theinitiative is a part ofMukhyamantri Tirth DarshanYojana.

According to officials ofrailways the train will carry896 senior citizens, both menand women , belonging to theBPL category selected fromthree districts- EastSinghbhum, West Singhbhum

and Seraikela Kharsawan- ofKolhan. This is the secondbatch of devotees under theplan. Tourism minister AmarBauri will also participate inthe programme.

Railway authoritiesinformed that the train carrying the pilgrims will leaveTatanagar railway station onNovember 18 at 9.05 pm. Thetrain will reach Maltipatpur inPuri the next day at 12.15 pm.The return train will leaveMaltipatpur on November 20at 11.30 in the night and it willreach Tatanagar the next dayat 3.15 pm.

The train which will trav-el via Chakradharpur,Rourkela, Jharsuguda,Sambalpur, Angul andKhurdah Road before reachingits destination.

��&��,!�!0����� ������*����+1����*�-� ����

,'$���� ������������������������ �������

��������������� ��@�4���

The Koderma-Hazaribaghpassenger train got derailed

near Kurhagadha ofKatkamsandi block of the dis-trict here on Thursday. Threebogies of the passenger traincame down from the track.However no harm to any pas-senger took place in this acci-dent.

The Koderma-Hazaribaghpassenger train was coming toHazaribagh from Koderma inthe morning. At about 8 am itcrossed the Katkamsandi rail-way station and whenHazaribagh station was about 5km away the passengers sud-denly experienced big jolt.When they came down, it was

found that the railway track hasbeen broken and three bogieshave come down of the track.

After getting informationofficials of railway and districtadministration rushed towardsthe spot. As per our railwaysources a piece of railway trackmeasuring about 15 feet hasbeen damaged and the derailedbogies have broken the cement-ed side wall of the track.

Traffic on this railway lineis going on since last more than1 year and everyday coal loadedgoods train passes through thisroute. Two days ago a goodstrain loaded with iron roadshaving three engines has passedthrough this route for the firsttime. It was the first goods trainwhich passed on the route of

Barkakana-Koderma. With the start of

Barkakana-Koderma routemore and more goods train areexpected to pass through thisroute having more weight thancoal loaded goods train andpeople are linking it with theeffect of that goods train whichwas on its way from Tata nagarto Delhi. Earlier the route of thisgoods train was Barkakana-Garhwa-Mugalsarai. With thestart of Barkakana-Hazaribagh-Koderma route now the trainswill take less time as it is short-er route in comparison to theold route.

Railway has started repair-ing work of the broken trackand as per their claim it will beall right by evening.

'������34�5�����6���11� 6��%0��� %�����1

����� ��@�4���

Hazaribagh police hasnabbed two persons

named Adib Singh and ArvindSao, both residents ofChauparan block, from Barhiand has seized 1.8 kg opiumworth about 9 lakhs from them.

SP Bheemsen Tutiinformed that on concreteinformation we started check-ing the vehicles near Barhirailway over-bridge. Twoyouths on a bike were stoppedand when the bike wassearched 1.8 kg opium wasrecovered from the dickey oftheir bike. Police has arrested both and interrogationis going on.

0+�"%).0��"��2A-$�+(� 1

/ ����������������������������������� �A�B�.%3+�%%,��+*%�(#���+'��"%,%!+/.�*#�!"�

��� � ��� ������

Latehar police have stepped upits night patrol on Saryu

road and Balumah road all forcash trapping said sources.

Badly hit Maoists who havestashed cash by way of extortionand levy are too desperate for itsreplacement or for its deposit intheir hard core supportersaccounts.

A naxal watcher told thePioneer ' The whole energy andstrategy of the Maoists right nowis to save their huge stash ofinvalid notes rather than to goafter the security forces'.

This watcher further said 'Worse is the condition of thesmall cadres of the Maoists whoearned their wages by carryingtheir logistics and weapon likegun and ammunition'.

This watcher further saidthe plights of women cadres inthe Maoists' organisations are far

more worse as they find it hardto locate any suitable boy to dis-pose of their cash!

Sources said SP LateharAnoop BIrtharey has askedpolice stations and forwardsecurity posts to be alert for nax-als' cash.

DSP Latehar PurshottamKumar Singh confirmed thatSaryu road and BalumathChandwa road are under policepatrol at night for any possibletransit of naxals' cash

He said a few housesbelonging to hard core sup-porters of Maoists at Moorpaunder Balumath police stationand Loharssi under Chandwapolice station have beensearched for cash and any infla-tion of their Jan Dhan accounts.

On being asked as to whythese two roads are so under thewatch of the police DSP Singhsaid Saryu has had its ownnotoriety and Balumath and

Chandwa too do not lag behindin the notoriety for extremism.

The poor have Jan Dhanaccounts and the Maoists areeyeing it with lust and greed topump in their cash there towhich Purshottam said ' We areconscious of it. Our SP Birthareyhas given us clear cut directiveto keep eyes on Jan Dhanaccounts whether these accountsare idle or have abruptly gothyper active'

.Purshottam said SP and histeam have identified some hardcore supporters of Maoistswhere the Maoists can pool intheir cash. He did not rule outthat banks too would not beasked to give details of heavydeposits coming to them.

Sources said police pressureis high every where in thisrange from Latehar to Palamu toGarhwa making it most difficultfor the Maoists to exchangetheir invalid heap of notes.

��������.���,����������,��������������������,���� ������

����� ��������

Ameeting of Science forSociety organised today

under the 24th National ChildScience Society at the house ofSecretary Rahul Kumar. In themeeting it was decided that the24th Child Science Congresswould be organised from 24thto 27th November at SheelaAgarwal Saraswati VidyaMandir. A core committee wasset up and the DSE was madethe coordinator of the commit-tee. Dr Ganesh Prasad would bethe president of the core com-mittee. The vice president wouldbe BK Balanjinappa, Prof ShashiGupta, Sanjay Berman,Shamima Khatoon, KumarVimlesh, Prof Sneh Kumar,Deepak Mukherjee, DurgaBhagat, Kineshwar Mahto andShyam Sundar Prasad.

�+11���%%�,%�� (�'+���"�).��!�%/!%�+/$�%,,

/,���� ����������,�����)������%��,�������������5�,�����1��!��������,���%��$���������������������������������������������������/ �,����������,���1,����� 9� 3�� � �����4�������

Page 5: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

� �����!&$!����)��&��$* )�!�+�,#�&�-./�01-2

������������� ��������

Demonitisation has not onlyhit the Indian population

hard, but also the diplomaticcorps posted in India. In fact,expatriates living abroad too arefeeling the pinch. The Ministryof External Affairs is floodedwith requests from foreignembassies based in India andIndian embassies abroad andforeign tourists seeking exemp-tions or making special provi-sions to wriggle out of the pre-sent situation. The MEA hasforwarded these requests tothe Department of EconomicAffairs (DEA) overseeing thedemonetisation process.

The DEA has now formedan inter-Ministerial committeeheaded at the level of anAdditional Secretary. “A seniorJoint Secretary from the MEAis also a member of that com-mittee and we await their guid-ance, advice and recommen-dation which can then beshared with those various cat-egories that have approachedus,” MEA spokesperson VikasSwarup said on Thursday.

“The resident Diplomatsbased in India have told us thatdiplomatic missions requirehigher level of funds and theexisting limits will not be suffi-cient for them, and if those canbe increased for diplomaticmissions. Some of them havesaid that they collect consularand visa fees. If they are col-lected in old notes how will theybe deposited and how will theybe exchanged? The Dean of theDiplomatic Corps (AmbassadorHans Dannenberg Castellanosfrom the Dominican Republic)

had a meeting with us andbrought these to our attention,”Swarup said on Thursday.

The NRIs having Indiancurrency abroad too are stuck.Indians are allowed to carryonly specified amount of Indiancurrency abroad. Several NRIscarrying such money and whohave no travel plans to Indiaimmediately have asked Indianembassies to intervene and helpthem change. Media reportsfrom United Arab Emirates(UAE) claimed Indian expatri-ates have appealed seeking suf-ficient time to deposit thedefunct �500 and �1,000 as theirwork permit does not allowthem travel to home at present.Several also asked Indianembassies to open special coun-ters to accept the invalid notes.

Similarly, foreign visitors

and tourists, particularly thosecoming for medical tourism,have sought MEA’s interven-tion. “These persons, particu-larly on medical treatment toIndia, have told us that theyhave specific requirements andneed to have higher thresh-olds,” Swarup said.

The Money ChangersAssociations abroad too havesought relaxation in demoneti-sation norms. “This is quiteinteresting because we don’thave full convertibility. But itshows the strength of the Indianrupee that we have MoneyChangers Association abroadwhich is ready to dispenseIndian rupees. So they haveasked us the same question asto what they would do with thestacks they have. How do theyconvert those?” Swarup said.

$�����������������������������������

In order to ensure smoothmovement of traffic on

national highways theGovernment has decided toextend the suspension of feeson all toll plazas on NationalHighways across the countrytill the midnight of 24.11.16.Earlier, the exemption hadbeen allowed till the midnightof 11.11.16, and then extend-ed twice till 18.11.16. PNS

* �����������������������������-���.������������(����/�

:���')++.%.�0��"�%7 %,�,�'�+1'+�%�$/�%1*#,,�%,�'+�%�$/��+ ��,�,,%%-�/$�%&%1(��+/,

��1������2 "%�� (�%1%��+ ��0�))�"%#��+/�C��.#��#/�#(()�!#��+/*���"%��%/��%�,%%-�/$�#�,�#��+'�#))(�+!%%.�/$,��%)#��/$��+���,.%1+/%��,#��+/�.%!�,�+/�(%/.�/$+��'�)%.��/�3#��+ ,���$"��+ ��,2 "%�#(()�!#��+/�0#,�1%/��+/%.�*����+�/%���%/%�#)�: - )�+"#�$�*%'+�%�#�4%/!"�"%#.%.�*��� ,��!%���#3%2� "%��+ ���#$�%%.��+�)�,��"%�1#��%��'+��"%#��/$�*%'+�%�#4%/!"�"%#.%.�*������0"�!"��,#)�%#.��,%�=%.�+'��"%�1#��%���/�"�%%�,%(#�#�%���,2� ���

�$�������+�����-����� ����������

�������/������$����������

The Supreme Court onThursday directed

Samajwadi Party leader and UPMinister Azam Khan to tenderan unconditional apology forhis remark terming theBulandshahr gangrape inci-dent a “political conspiracy”.

Concerned over how per-sons in power can insult orhumiliate victims of sexualcrime in any manner, theBench of Justices Dipak Misraand Amitava Roy said, “Wecan’t hurt freedom of speech.But we are on an individual’sopinion on crime, particularlyon the responsibility of personsin power against the victims ofcrime as such speeches insultthe woman in question.”

Khan, who was representedby senior advocate Kapil Sibaltold the Court that his commentwas not intended to insult orhumiliate the victims — a minorgirl and her mother — in anymanner. He showed his state-ment made at a Press conferenceheld on August 2 soon after the

Bulandshahr gangrape incidentthat occurred on July 29 this year.Denying that he made a state-ment calling the tragic crime a“political conspiracy”, Sibal trans-lated that his words meant“Opposition ideology”. But theBench was not convinced.

It was then the Courtdecided to seek responses fromthe nine newspapers who hadreported his Press conferenceand attributed to him thecomment of “political conspir-acy”. Sibal offered to apologize.He said, “…if by any statementmade by the respondent No.2(Khan), the victim has feltinsulted or humiliated, the said

respondent shall file an uncon-ditional apology supportedwith an affidavit”.

The Bench directed Khanto tender the affidavit contain-ing the unconditional apologywithin two weeks and postedthe matter for December 7.With this affidavit, the caseagainst Khan will come to anend, the Bench indicated.

The Court even sought theassistance of the AttorneyGeneral to know the view of theCentre on whether Ministerscan make statements against vic-tims of crime since the “dignityof a woman is absolutely uncom-promisable”, held the Court.

��� ������!2�����++��*���� �������������%

����� ��������

The Supreme Court onThursday directed an

immediate halt on vigilantegroups in Kerala professingopen hate for stray dogs andrewarding persons who cullthe canines.

This was a new aspectthat was brought to the atten-tion of the Court which is hear-ing a vexed issue on whetheranimal rights must prevail in asituation where stray dogsbecome a threat to human life.With several deaths reported inKerala from stray dog bites, theState Police had recorded 19incidents where stray dogswere openly killed by residentsliving under a morbid fear ofthese animals.

The Bench of JusticesDipak Misra and Amitava Roysaid, “…we restrain such organ-isations to impart training to thechildren or to distribute subsi-dized air guns for people to kill

stray dogs or to publically prop-agate that there is war againstthe stray dogs or strangulate thestray dogs or for that matteroffer prizes or incentives tothose who kill the stray dogs.”Information produced by ani-mal loving groups pointed outthe names of four such organ-isations operating in the state.

The Bench referred theinformation to a retired judge ofKerala HC, Justice Sri Jagan toexamine if such groups existed.If so, the Committee will studywhether such groups can beformed in violation of the statu-tory scheme under Preventionof Cruelty to Animals. The SriJagan Committee will alsoexamine compensation to bepaid to victims of dog bites afterit was informed that the statehad announced a sum of �2 lakhto persons who died due to dogbites but some victims onlyreceived �40,000. TheCommittee will submit itsreport by March 1.

*��������������0���� �*,����1���������������� �

�������/������$����������

Former Jammu & Kashmirand Assam Governor Lt

Gen SK Sinha passed away ata hospital here this morningafter a brief illness. His fami-ly said he passed away at10:45 am at the ArmyResearch and Referral hospi-tal. He was 92.

Those who condoled hisdeath included Prime MinisterNarendra Modi, NationalConference leader FarooqAbdullah and his son and for-mer J&K Chief Minister OmarAbdullah.

Sinha was first admittedto the base hospital here onNovember 1 with a fracture inhis femur bone and ribs andwas later shifted to the R andR hospital after some compli-cations developed.

He is survived by his wife,son and IFS officer YK Sinhawho is at present IndianAmbassador to Sri Lanka andis moving for his new postingto the UK, and three daughters.

His funeral will take placeon Thursday at the BrarSquare crematorium here.

Lt Gen Sinha led the firstbatch of Indian troops whoentered J&K when Pakistanraiders invaded in 1947. Heresigned from service after theGovernment superseded himand appointed General ASVaidya as the new army chief.He also served as India’sAmbassador to Nepal and asthe Governor of Assam.

“Deeply saddened to learnof the demise of Lt Gen (retd)Srinivas K Sinha, formerGovernor of J&K and Assam,”Modi tweeted. “Had theopportunity of meeting LtGen (retd) Srinivas K Sinhajust a few days ago. His serviceto our nation will always beremembered,” he said inanother tweet.

2.3451��6������ �*��������������0

�"#$���%$%��&$�&�$'����($�)

�&&�+7"('(��826+��(���9+��(�(�+2�:6(;

����� ��������

The Ministry of ExternalAffairs has made a fresh

demarche to Pakistan on thecontinued violation of ceasefire(CFV) along the Line ofControl (LoC). MEAspokesperson Vikas Swarupsaid that a senior official of thePakistan High Commissionwas called to also stronglycondemn increased concen-tration of terrorists observedacross the border in the vicin-ity of Pakistani forward posts.This is the third such demarchethis month following the onesissued on November 2 and 9.

During the meeting withthe Pakistan diplomat onWednesday, MEA also soughtan early repatriation of SepoyChandu Babulal Chavan, whoinadvertently crossed the LoCover six weeks back. The gov-ernment expressed concernsabout his safety and well-being. Pakistan has notresponded to the Indianrequest so far despite acknowl-edging the soldier’s capture.

“We conveyed that despitecalls for restraint, Pakistan forceshave committed twelve ceasefireviolations between 9 and 15November 2016 during whichPakistan Army deliberately

resorted to calibre escalation byemploying Artillery and 120Millimetre Heavy Mortarsagainst Indian posts. These vio-lent acts constitute a clear viola-tion of the Ceasefire Agreementof 2003,” Swarup said.

He added the IndianGovernment has also protest-ed the deliberate targeting bythe Pakistan Army of 14 vil-lages along the LoC betweenNovember 9-15, 2016 whichhas resulted in 4 fatal and 25non-fatal casualties apart fromextensive damage caused topublic and private propertyand the displacement of civil-ian population.

“We also conveyed ourstrong condemnation of the

increase in concentration of ter-rorists observed across the Lineof Control in the vicinity ofPakistani forward posts. Duringthe last week alone, there havebeen 18 instances when terror-ists attempted to infiltrate intothe Indian side from the vicin-ity of Pakistani posts and alsotargeted Indian posts andpatrols,” Swarup said.

India has, at a high level,briefed its interlocutors in sev-eral countries including themember states of Organisationof Islamic Cooperation (OIC)about Pakistan’s role in aidingand abetting terrorism in Jammuand Kashmir, MoS MEA MJAkbar informed Rajya Sabha inresponse to a written question.

'���,�������,�������"������!������������!���������������.�/

�������/������$����������

In the first such massiveexercise to overhaul the

Indian Railways, PrimeMinister Narendra Modi willon Friday participate and sharehis ideas with the railwayemployees, from Gangmenlevel to the Railway BoardChairman during the three-day Rail Vikas Shivir atSurajkund near nationalCapital.

The Shivir is being con-ducted at the initiative of thePrime Minister and employeeshave been sending their ideasand suggestions for the over-haul to the separate cell set upfor the purpose.

The entire complex hasbeen divided into various areasand mini venues which havebeen named after various Railicons like Rajdhani, Shatabdi,Duronto, Humsafar, Tejas,Gatimaan, Uday, Antyodayaand JanShatabdi among oth-ers. The conference will havemany sessions and sub ses-sions and video screenings,knowledge sessions, presenta-tions, pavilion visits, question& answer sessions, jury meet-ings, etc.

This is for the first time inthe 163 years of Indian

Railways that such a brain-storming and planning exer-cise with multistage and mul-tidimensional dialogue at thisscale is taking place. WhileModi will address throughvideo conferencing from thePMO in the inaugural session,on the last day on Sunday hewill personally visit and inter-act with the railway personnel.

A senior railway officialsaid that this Shivir is signifi-cantly different from otherRailway conferences in thesense that not only externalspeakers will share whatRailways should do but railwayemployees belonging to alllevels too will be encouragedto contribute to present newideas and be part of the deci-sion-making process.

“This Shivir will help increating a vision for Indian

Railways that every employeerelates to and will reflect busi-ness aspirations and societalcommitments of IndianRailways,” said the official.

The high point of theShivir will be when Modihimself will speak his mind onthe rail sector for country’seconomic growth on the firstday of the Shivir and give hisdirections and guidance set-ting the agenda for this megaevent.

Railway Minister SureshPrabhu, who has in the lasttwo and half years undertak-en a slew of major reforms tofulfill the Prime Minister’svision on Railways, is person-ally monitoring the prepapra-tions for the conduct of thisShivir. MoS Railways ManojSinha and Rajen Gohain willalso address. Other membersfrom the Council of Ministersare also likely to be present.

Some of the deliberationswill happen on makingRailways the preferred freightcarrier in India, making itthree times economicallyviable, improving upon non-fare revenues, modernisingby using best-in-class tech-nology, moving near-zerofatalities and least driving thecultural change within IndianRailways.

<�������������������=3��0"����9�����*���������0

����� ��������

By 2020, India will not bedependent on coal imports

as it would be producingenough at home itself, said DrPK Singh, Director of theCentral Institute of Miningand Fuel Research (CIMFR), alab under the Council ofScientific and IndustrialResearch (CSIR).

The Union Coal Ministryhas nominated CSIR-CIMFR totake up the job of coal qualitymonitoring at national level forthe entire power sector to ascer-tain the coal quality.

Citing the benefits for theindustries in the sampling ofcoal, he said, “Our labs haveextended support to the minesof Dhanbad, Ranchi, Belapurand Nagpur. More than 800coal samples are being pro-duced on daily basis for pro-duction analysis.

“Wagon Top sampling isthe most prevalent techniquethat we use these days in our

units to pull out coal. CSIR-CIMFR is in a pilot project ofsampling at loading sites of CIL.We import coal from Indonesiaand other countries, now we arelooking to produce enoughdomestically by 2020, said DrSingh at a seminar held onThursday at the PlatinumJubilee Technofest at the 36thIndia International Trade Fair(IITF), 2016.

Dr MR Saharan from CSIR-CIMFR spoke in detail aboutthe art of explosions used in themining process noting that noflakes come out of the blastingfurnace during the blast.

>:0�������'��������������������������������������?/��� �%��������������������,����,���������@����,

(*���+%$��,���-*$#��$('#���$������&�'�*�"-���*���$�#.��$�����*�

'�*�"-+�*��$�$#.���

New Delhi: The EnforcementDirectorate (ED) has askedCBI to probe the role of pub-lic servants in allegedly favour-ing controversial meat exporterMoin Qureshi, who is facingmoney laundering and tax eva-sion probes.

In a letter to CBI,Enforcement Directorate chiefKarnal Singh has asked theagency to register a case andprobe Qureshi and public ser-vants whose names are given inthe annexures along withdetails of the investigationsconducted till now by them andthe Income Tax department.

CBI sources confirmed thatthey have received a referencefrom the EnforcementDirectorate but said they havenot initiated any preliminary

inquiry and are examining thematter.

Confusion prevailedwhether EnforcementDirectorate has recommendedthe probe against two formerCBI chiefs as CBI claimed thesaid reference does not carrytheir names.

The ED sources, however,said the reference has theirnames in the annexures.

It is understood that namesof some other senior officialsfrom other all India servicesalso find a mention in the ref-erence, they said.

The meat exporter is facingprobes by EnforcementDirectorate as well as the I-Tdepartment for alleged tax eva-sion, money laundering amongothers. PTI

3*����������4���&��� ���������*������������-�����

�����������������������������"������,��%������,����� ����,��������0���������������������������%�)�,���1,����� �12�

'����� ���������������� �%��,� �������'������� �����,�������������(������������,��0�����������$�����%�)�,����1,����� �12�

/�5/,����������,�����A� �����*�����'�����������*�����������+���(���� ������������,����,�����%�)�,���1,����� �12�

Page 6: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./�01-2 � �����/ ����������� ���������������

���+�����+������ ����� �

Apparently driven bynational aspirations

Mamata Banerjee is planning aBharat Parikrama to cash in onthe demonetisation imbroglio.

The Bengal Chief Ministerwho on Thursday did somegood fishing in the troubledwaters of Azadpur in thenational capital is likely to kickoff her ‘currency campaign’from Varanasi most likely onNovember 24, TrinamoolCongress sources said.

The Prime Minister is anelected member of Parliamentfrom Varanasi and hence“Mamata didi is willing to starther campaign from there,” asenior Trinamool leader and aState Minister said adding how-ever the entire decision wasbeing taken by her in consul-tation with leaders currentlypresent in Delhi.

Banerjee is also likely totour Prime Minister NarendraModi’s home State Gujarat atsome point in time, TMC andshe received ample support inthis regard from Hardik Patelthe only anti-BJP face in thatState.

In order to give shape to

her Tour India campaign theChief Minister has decided tocall off or reschedule her tourof Bangkok.

The Chief Minister whotravelled extensively the banksand ATMs of Kolkata and gother party leaders to make aninitial impression of the situa-tion in the villages is reportedto have told her confidants thatthe Trinamool should not wastethe opportunity to “reach outto the people at the time of

their distress.”“The way the BJP intro-

duced itself to the interiorparts of the country withoutspending a penny or withoutdoing a rally — by simply giv-ing the people financial hard-ship — Mamata didi will rea-chout to them with her healingtouch” the Minister said.

Though the Chief Ministerhas openly appealed to all theparties to join her campaignshe would not mind who

comes with her, sources saidadding “in the given circum-stances it seems that TrinamoolCongress is fast gaining popu-larity.”

Incidentally Banerjee wasunder “intense pressure” fromthe lesser leaders of her partywho want her to do somethingabout currency crisis, sourcessaid.

“Given the fact that we arenot a cadre-based party unlikethe BJP-RSS or the CPI(M) itis increasingly becoming diffi-cult for us to run the party inthe rural areas and districts asthe workers and supportersare asking for wages and we are

simply unable to provide them,”a former Trinamool MLA said.

A local leader from Nalhatiin Birbhum district said how ablock president had to “releasesacks full of cash” that hebrought in his SUV to getthem converted by the JanDhan and MNREGA cardholders.

“They simply have no wayout but to do something to getthe entire flock together orthere will be revolt and deser-tion,” the leader feared addingBirbhum was only a samplecase and that the situation inother districts, were no different.

&��0���� ���� �� ��

Taking a stand different fromthe top leaders of other

regional parties who are strongcritic of demonetization, BiharChief Minister and JD(U) pres-ident Nitish Kumar hasemerged as a vocal votary ofPrime Minister NarendraModi’s move scrapping thecurrency notes of �500 and�1,000 denomination.

The very next day Nitishhad issued statement favouringthe decision and even as lead-ers of other regional parties aswell as Congress hit the streetsand denounced it in theParliament, the JD(U) chiefremained unmoved. OnWednesday when the leader ofhis party Sharad Yadav wasattacking the Centre in theRajya Sabha, Nitish reiteratedhis stand at a public meeting inMadhubani saying he was asupporter of demonetisation.

“This decision will auto-matically scrap the circulationof ill-gotten money and fakenotes and solve the problem ofblack money and that is thereason I support this move. Thepoor and honest people earn

the money after hard workwhile corrupt people amass ill-gotten wealth,” he said.

Nitish’s stand supportingthe PM has raised a question inthe political circles if the JD(U)chief was inching closer to hisarch rival Modi. Referencesare made that Nitish was get-ting uncomfortable in the com-pany of RJD headed by LaluPrasad his friend-turned-rival-turned-friend.

Nitish also demanded thatthe Centre should also takeharsh steps to take on the peo-ple who are holding benami(unnamed) properties. TheCM made only a slight refer-ence of the public woes due toscrapping of notes and said theGovernment should take careof them.

The stand of the partychief has put other leaders andrank and file of the party in aquandary. While Nitish said the

move would by and large ben-efit the country, his predeces-sor and former JD(U) chiefSharad Yadav said the decisionwas like jumping from runningtrain. “You have waived theloans of Vijay Mallya and otherindustrialists worth �7,000crores and put the honest andlabour class people in queues,”Yadav said during debate in theUpper House.

Trying to defend Nitish,the secretary general of JD(U)K C Tyagi said his party hadbeen against black money andits use in politics and that wasthe reason Nitish supported thedecision.

Tyagi said the party’s standwas not different from Nitishbut only wanted proper andeffective implementation ofthe plan. “Modi Governmentdid not do proper homeworkwhich led to complete chaos inthe co0untry,” he added.

,����� ��� �$���������:�����&������

0���������/ � �����������������������,�������������������������������� ����������8;;�����:$;;;����������$�����������2�����%�)�,���1,����� �12

,�"%��/!"�/$�!)+,%��+�:+.���0+/.%�1#/��/%�#,

�������� ��� ������

Assam’s leading trade andcommerce body on

Thursday hailed Centre’sdemonetisation move but saidthat it led to 25 per cent tradeloss in Assam and northeast inthe last few days after thedemonetisation.

President of trade body,Federation of Industry &Commerce of North EasternRegion (FINER), PabiraBuragohain said this onThursday and appealed to theState and Central Governmentto take effective measures sothat the problem of commonmen is reduced and that thesmall traders does not suffermuch.

“We hail the demonetisa-tion move but necessary followup has to be done by the Centreso that there are no lapses. Smalltime traders, mostly in theunorganised sector have beenhit by the move, but this is atemporary phase. It is a boldstep by the centre but the fol-low up has to be done,” he said.

“This move to withdrawhigh-denomination notes isexpected to dent immediateconsumption, especially ofhigh-end goods, but will havea positive impact on growthand inflation in the long run.Sectors with a sizeable magni-tude of cash transactions areexpected to get adversely affect-ed. The Government mustdevise effective measures to

����� ���������

Close aide of Prime MinisterNarendra Modi and

Gujarat Chief Minister VijayRupani on Thursday claimedthat he only have hardly 4-5invalid currency notes of �500and �1,000 denominationswhich might have been keptsomewhere in his residence.

Talking to a local dailyRupani said that generally hepreferred to do all financialdealings through banks onlybut due to Diwali festivities hisfamily required currency notesof �50 and �100 denominationsfor social purposes. Replying aquestion how many demone-tised currency notes he waspossessing, the Chief Ministersaid that he had not seen yet butthere would be hardly 4-5 notesin his residence somewhere.

“People are suffering fol-lowing the abrupt decision todemonetise currency notes,

but the panic is short term andin the long run the nationwould benefit immensely.Everything would be normal-izing within fortnight,” saidGujarat CM, adding that peo-ple of this country have accept-ed the decision by standingpeacefully in queues and theyare co-operating for the sake ofthe nation.

Rupani further said thatthere was no need to be worryas new currency notes wouldcome in adequate number inthe market. According to him,PM Modi’s decision would notonly bring out black money butfake currency which was usedin anti-national activities wouldbe completely excluded fromeconomy.

�������������� 4�������

As demonetisation processhas engulfed the entire

country, a KarnatakaGovernment undertakingMysore Paints and Varnish Ltd(MPVL) in Mysuru has foundan opportunity in this processto make revenue of rupees 3.5crores. As part of a strategy toavoid repeated transactions of�500 and �1,000 notes theUnion Finance Ministry hasmade it compulsory to applyindelible ink on the fingers ofpeople swapping currency, theMysuru based company hastaken an order to supply 3 lakhbottles of ink to the banksacross the country.

This Mysuru based compa-ny is the only one in the coun-try authorised to supply indeli-ble ink to the elections across thecountry since 1962. TheCompany is also supplying inkto the elections in other countriesto fulfill the process of elections.

According to MPVL chair-man H A Venkatesh they areworking overtime to meet the

demand of RBI. Though thebanks have approached theMPVL directly seeking indeli-ble ink, the MYPVL has decid-ed to distribute inks to banksthrough RBI branches acrossthe country. According to himthey have already supplied30000 bottles of ink to thebanks. The 5 cc bottle can beused to mark on 500 customersthat will be visible on the righthand index finger of them for30 days. The company accord-ing to Venkatesh doesn’t accept

orders directly from the banksbut said they have enough manpower and stock of raw mate-rial to meet the demand.

According to officials a5cc bottle of these specialindelible ink costs rupees 116and already they have receivedorders from election commis-sion for 5 lakh bottles of ink tothe ensuing assembly polls infive states.

According to C Harakumar, General Manager , they areworking out to introduce a

sketch pen instead of using tra-ditional method to apply indeli-ble ink mark on the fingers ofcustomers, in association withNational Research Laboratoryand National ChemistryDevelopment Laboratory hascarried out a research to bringout a sketch pen.

He said they are in talks withthe Election Commission andwill present a demo of sketch pento the EC in December. He saidone pen can be used to mark on1,000 voters.

The highest quantity ofink — 1,25,100 vials — hadbeen sought by the head officeof Bank of India, followed bythe State Bank of India,Bengaluru, which placed orders

for 1,00,000 vials. Each vialcontains 5 ml of ink.

The company was startedas the Mysore Lac and PaintsLimited by the Maharaja ofMysore, Nalvadi KrishnarajaWodeyar in the year 1937 formanufacturing paints andother related products. Itbecame a public sector com-pany when India gained inde-pendence in 1947. In 1962, itwas selected to manufactureindelible ink, which was firstused in the third general elec-tion in India. The processinvolved in manufacturing theink is a closely guarded secretand is based on a chemical for-mula devised by the NationalPhysical Laboratory of India.

The ink is also exported tocountries like Thailand,Singapore, Nigeria, Malaysiaand South Africa. It has alsostarted manufacturing markerpens containing this ink foreasy usage and this has alsobeen used in elections held inAfghanistan.The company alsomanufactured indelible ink forCambodian elections in 2012.

����� ����� �

Making life more miserablefor the Bengal

Government State employees’federations on Thursday sub-mitted a memorandum to theChief Secretary demandingtheir salary in cash till the cashsituation normalised.

According to sources atNabanna the State secretariatthe representatives of employ-ees federations wrote to theChief Secretary BasudebBanerjee to ensure that thesalary from December wasmade in cash instead of bank

payment till things are normalised.

“There is no point queuingup before the banks because weare not getting money there torun our households. It isbecoming difficult to pay theschool fees of children, footmedical bills and buy our dailyration. We are literally blocked.So we have demanded cashpayment,” said a senior employee.

While there was no reac-tion from the Chief Secretarysources in his office said a rep-resentation had been made bythe employees.

�������������++�$�����%�������������������)�

,������)��%����������������+���5�������

"%��7�%� %839%���2 �0 �0�1:%1�1%$2;���0%&#

Delhi Chief Minister ArvindKejriwal who was to visit

Gujarat for couple of daysfrom Thursday, has postponedthe visit due to his joint rallywith Bengal CM MamataBanerjee in the national capi-tal, said AAP Gujarat unit in apress communique.

According to AAP Gujaratstatement Kejriwal was to visitcoastal Mahuva town in

Saurashtra region to inauguratea special ward and operationtheatre of a hospital run by hisparty leader Kanu Kalsaria.According to AAP Gujaratspokesman Harshil Nayakinstead of Kejriwal, his minis-ter Satyendra Jain would inau-gurate the new facilities of thehospital.

Jain is health minister inKejriwal Government.

1�@�������������� @���������

�����,��������������������������!����)<+=���%������

� (������������������������������ ���������������<��� �������0�������������� ���������������������� +������������������� ����������0������������ ������������3�����������0������������������������������������������������0�����������������������'�� ������������� (�����������������������,�������� ���������������������������������������������������������������A ������B������

������������������ �������������"����,�����6������������%����%,���6�,��������������������� ��������( ����������1,����� � ��

3�.�����,��� ����� ����,������� ���,�������������� ��������"��������������������,������ ������:BCD

:�, � �*#,%.�'��1��+�, (()���/.%)�*)%��/-��+�*#/-,

0������������!���������������,��������������"�����,� �%��������6�,�����,��������8;;�����:$;;;��������&�"�����1,����� �12

� ��&����3�� �D���4��

The worsening financial situ-ation following the demon-

etisation has force the TelanganaGovernment to put on holdmany of its plans including anew Secretariat building.

Amid the growing concernsthat the scrapping of �1,000 and�500 currency notes was goingto throw all the projections ofState revenue into disarray, theGovernment had also decided toput on hold the plans to buildthe new headquarters for the 21new districts. It has also put onhold all the Government pay-ments specially to the contrac-tors and the students scholar-ships till the end of the financialyear. This was likely to affect thetwo prestigious projects of theState Government MissionBhageeratha for drinking watersupply and Mission Kakatiya for

the restoration of irrigationtanks.

There were also indica-tion that the Government willimpose a ban on the purchaseof new vehicles, new furniturefor its officers and also recruit-ment of regular and temporaryemployees.

Such was the impact of thescrapping of big denominationnotes on the day to day busi-ness activities that the StateGovernment revenue thismonth was likely to be down by50% from �5400 crores in var-ious taxes.

State Chief Secretary RajivSharma, who along with theFinance Minister E Rajinderheld a video conference withthe district collectors instruct-ed them to put on hold all theinfrastructure projects includ-ing roads for the moment inview of the situation.

Apart from laying the foun-dation stone for the new secre-tariat building in Hyderabad,the State Government has alsoscrapped the plans for the shift-ing of the secretariat offices toother buildings due to thefinancial constraints.

Amid reports that the rev-enue of various departmentswas dwindling ever sinceCentre’s action on demoneti-sation more than a week ago,Chief Minister KChandrashekhar Rao has start-ed tightening the belt.

In a reflection of dissatis-faction of the state’s ruling partywith Prime Minister Modi’sact, the TRS member ofParliament B Vinod Kumar hasdemanded Chief Ministers’ con-ference to discuss the situation.

In a statement VinodKumar said that the PrimeMinister should convene a

meeting of the Chief Ministersto discuss the unprecedentedeconomic crisis and social fallout of the move.

While the TRS wasbemoaning that the demoneti-sation had severely hit the rev-enue of the State, the State BJPhas defended Narendra Modi’saction. The party MLA NVSPrabhakar insisted that the movehad benefited the State coffers.

“The State was receivingmore money now as the citizenwere paying their pending taxdues. Every public utility com-pany in the State was claimingthat it was receiving hugeamounts from the tax default-ers”, he said.

On the social front thedemonetisation has badly hitthe marriage plans of thou-sands of families as they wereunable to access their bankdeposits.

�����+������� :�:4�

Hours after Union HomeMinister Rajnath Singh

reached out to him on thedemonetisation issue, Shiv Senapresident Uddhav Thackeraysaid here on Thursday thatwhile his party was with theGovernment in its fight againstblack money, corruption andfake currency, he disapprovedof the manner over the mannerin which the common peoplewere being inconvenienced.

Talking to media personsafter paying homage to lateSena chief and his fatherBalasaheb Thackeray on theoccasion of the latter’s deathanniversary, Uddhav said thatthe Government should notime in lifting the ban on dis-trict co-operative banks on theacceptance and exchange of oldcurrency notes of the denom-ination of �1,000 and �500.

Udhav, whose party MPshad joined the delegation led byWest Bengal Chief MinisterMamata Banerjeee that metPresident Pranab Mukherjeeover the demonetisation issue,said that the inconveniencebeing meted out to ordinarypeople who were being forced tostand in long queues to exchangeor deposit demonetised notes.

“We are surely with theGovernment in its fight againstblack money, corruption andfake currency. I don’t think any-one in the country would beagainst this fight. But theGovernment must choose itstargets wisely. The kind ofharassment being meted out toordinary people should stop.Everyone wants to lead theirlives happily and peacefully.They are being forced to under-

go hardships for no rhyme orreason. The inconvenience thatthey are being subjected to isnot done,” Uddhav said.

Reiterating his party’sdemand for lifting of the demandon district co-operative banks toaccept or exchange demone-tised notes, the Sena presidentsaid: “In not in Maharashtra butthe entire country, there arebranches of district cooperativebanks in villages of the popula-tion of 5,000 people. The peopledepend on these banks. There isno alternative to these banks.The Government should lift theban on these banks.

“My advice to theGovernment is: you shouldhave trust in people. Not all thepeople are dishonest and hoardblack money. The money thatthe people in rural areas pos-sess is hard-earned one and notblack money. No one is object-ing to your exchanging thedemonetised notes. But, whiledoing so, people are beinginconvenienced that we areopposed to,” Uddhav said.

Confirming that RajnathSingh had called him and spo-

ken to him on the demonetisa-tion issue, Uddhav said: “I toldhim that the inconveniencebeing meted out to ordinarypeople should stop. If this is tocontinue, it will lead to anarchyfor no rhyme or reason. Youmay have a good intention, butthe consequence should not bedisastrous. I have told him toensure that the demonetisationmove goes well with the people”.

Earlier in the day, in an edi-torial published in its officialmouth-piece “Saamana”, theSena said that late Sena chiefBal Thackeray should havebeen around to speak againstthe hardships being faced byordinary people in the wake ofthe demonetisation of �1,000and �500 notes.

“During the last fortnight,125 crore people in the countryhave been reduced to beggars.That’s people are saying that youshould have been around now.It is a national crime that whenthere are no elections, peoplehave to have indelible ink onfingers and stand in queues forexchange of old notes,” the“Saamana” editorial stated.

1������*�!������������ ����$��6���������reduce the problem being facedby the common man,” he saidadding that the FINER wouldsubmit a memorandum to theState Government in thisregard.

“Whenever a new systemtakes birth, it creates temporaryinconvenience. However, sub-sequently it shall prove to bebeneficial for the medium andlong term for the country. Inthe North Eastern Region, thestake holders in the construc-tion, tea and micro-financesectors are among the worst hitby the demonetisation of �500and �1,000 notes,” he said.

“The micro-finance sectorwhere a majority of the repay-ments are done in cash, most-ly in denomination of �1,000and �500 notes has been hit aswell, but we see these as shortterm hiccoughs. On the wholewe feel demonetisation is a verygood move. The thought andintent behind it is very good.This is not just the only thingthat we are seeing, and we mayexpect more such measures inthe future,” he said.

!���� �����*� ����*++������%�����������

� ��%/!��*#/�"#,�"���,1#))�+��"��#,����#.%�,��C��

�,�!������,����+��,�!�1,��"��� ��� �������������,������,��������,���1,��"�� ���,��������������,�!�������"$� ��������1,����� �12

Page 7: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

� �����0&$!����)��&��$* )�!�+�,#�&�-./�01-2

������������� ��::�

Pakistan Army shatteredpeace along the Line of

Control in Pallanwale sector ofAkhnoor late Thursdayevening by resorting to ‘unpro-voked’ ceasefire violation.

More than one dozen vil-lages and large number of for-ward Indian posts were beingtargeted by the Pakistan Armyusing 120 mm mortars.

According to eye witnessreports villagers falling in thedirect line of fire ran helter-skelter to save their lives asmortar shells started raining inforward villages.

For past several daysPakistan Army has been selec-tively using 120 mm mortars totarget the civilian areas with anaim to inflict maximum injuries.On November 14 PaksitanArmy had targeted forward vil-lages in the same sector.

Due to exchange of heavyvolume of firing more than5,000 villagers had relocated tosafer places.

According to official sourcesbetween November 9-15Pakistan Army had resorted to12 ceasefire violations while 18attempts were made to push inlarge groups of infiltratorsthrough the barbed wire fencing.

Defence PRO Lt ColMunish Mehta said, PakistanArmy resorted to unprovokedceasefire violation in

Pallanwala sector around 7:15pm. He said Pakistan Army wasusing heavy calibre of weaponsand mortars to target theIndian posts. Indian army isgiving them befitting replyusing similar calibre ofweapons, he added.

Meanwhile, large numberof civilians in the forward vil-lages were facing uncertainfuture as they have been forcedto shuttle between shelterpoints and their homes to savetheir lives.

�����+������� :�:4�

The Opposition Congress andNCP on Thursday rooted for

the dismissal of Maharashtra Co-operation Minister SubhashDeshmukh from the StateCabinet over the seizure of cashamounting to �91.50 lakhbelonging to a co-operative banklinked to him by a civic vigilancesquad at Umarga in Osmanabaddistrict on Wednesday.

Talking to media personsseparately, spokespersons of theState Congress and NCP Sachin

Sawant and Nawab Malikdemanded that the Income Taxdepartment officials Deshmukhand a few other BJP leaders, fromwhom huge sums of demone-tized notes were seized in thestate during the last one week.

“We are witnessing theseisure of �1,000 and �500notes from BJP leaders in thestate after the demonetisationof these two high denomina-tion notes,” Sawant said.

“A few days ago, a sum of�6 crore cash was seised froma vehicle belonging to the rel-

ative of BJP’s Sangli MLASudhir Gadgil. Yesterday, thevigilance department of theOsmanabad MunicipalCorporation seized �91.50 lakh– all in �1,000 notes. There arealso reports about the seizure of�1,000 and �500 from the BJPleaders from other parts of thestate. That goes to prove thatthey have black money,” Sawantalleged, as he urged the ITdepartment to conduct raids onthe premises of the BJP leadersconcerned.

Dismissing the claim by

Deshmukh that the moneyseized from his bank’s van wasmeant for paying the sugarcanecutting labourers, Malik said:“A sum of Rs 91.50 lakh hasbeen seized from Deshmukh.At a time when the ruling BJPis waging a war against peoplehoarding black money, the factthat such a huge sum of moneyhas been seised from aMaharashtra minister goes toprove that the BJP has blackmoney, Our demand is thatDeshmukh be removed forth-with from the State Cabinet

and an offence be registeredagainst him”.

It may be recalled thatLokmangal Agro IndustriesLtd, an unlisted company pro-moted by Deshmukh had comeunder the scanner of theSecurities and Exchange Boardof India’s (SEBI) for illegalissuance of shares to farmers inSolapur district. The SEBIhad, in an interim order passedon August 1 this year, haddirected Deshmukh's companyto refund with interest �74.82crore to 4,751 investors.

�� ���$--�������������

If the words of PervezMusharraf, former dictator of

Pakistan, are to be believed,Pakistan is planning more ter-rorist attacks against India likethe ones happened atPathankot and Uri this year. Inan exclusive interview toThanthi TV, a 24X7 TamilNews Channel, the former self-styled President of Pakistanblamed India for the attacks ashe accused India of manipu-lating the United Nations andprojecting Kashmir as it’s ownterritory.

Musharraf said the UnitedNations is silent on Kashmirbecause the Secretary Generalwas guarding his own interestswith India “or whatever pres-sure he has”. “Which SecretaryGeneral of UN can deny thatKashmir is a UN dispute? Imean that is a joke,” said theformer dictator. He alsoclaimed that the terroristsincluding the Taliban operatingout of Pakistan were not anti-

Pakistan.To a question by

Hariharan, executive editor,Thanthi News, on the numberof terrorist attacks against Indiaby Pakistan sponsored terror-ists, Musharraf retorted that tillIndia agreed that the Kashmirissue was a bilateral issuebetween the two countries,there would be morePathankots and Uris. “Hasn’tBurhan Wani been killed?Haven’t 80 people been killedand thousands injured andhasn’t the Kashmir issue notbeen resolved. Why don’t you

go to the core of the problem?”asked Musharraf and said Indiahas to understand the groundreality.

“That environment has tobe accepted as a reality, becauseof what you are doing inKashmir and the unresolvedKashmir dispute. Therefore,Pathankots and Uris will keephappening. One has to under-stand this reality and accept it,”he said even as he accepted thefact that Pakistan has been toa certain extent isolated glob-ally.

What is interesting is that

Musharraf reiterated of moreattacks similar to Pathankotand Uri elsewhere in the inter-view. When he was remindedof terrorist attacks against Indiaby Pakistan based terrorists hereplied that India should relaisethat there was a dispute whichcauses emotions to rise. “It doesjustify because of what theIndian Army does in Kashmirwhere killings have taken place,what happens to people. Peoplethen run to Pakistan, they riseagainst Indians.. This is whathas been happening all along.High time we see this reality. If

we don’t ,then these thingswill keep happening. Pathankotand Uri will keep happening,”he said.

Interestingly, the formerPresident feigned ignorancewhen asked about the where-abouts of dreaded don DawoodIbrahim. “I am not in touchwith his whereabouts at all,”said Musharraf who refused toanswer the question whetherthe fugitive don was residing inPakistan at any point of time.

But Musharraf saidDawood was respected inPakitan. “He will be respected.Because what happened inBombay, what happened inGujarat were 200 muslims werekilled... as a reaction whateverhe does, it resonates well withpeople,” said the formerPresident.

He also described the ter-rorists of Lashkar-e-Taiba andJaiesh-e-Mohammed as “vol-unteers” who sprang up tofight the Indian Army inKashmir as a follow up to therequest made by people fromthe Indian side of the Kashmir.

&���6�0�������������������������&���������

1��)�������������������)���#������)�-� < �����������������������'��������������������1��������� ������������������� �������������������� �������������� ����������&�������������7��� '�������@ ����0����� ���������������'������6�0���������1��������������������������������������������������������&���������� �����&������������0������������'���������+��������������������������������������� !������������� ������$������'�������>'������������ ������������������� ����������?�����< �����

���(����&�����������������������������������E������������������������������,������1,����� �12

*2'C7"2�����D%���#618��"�<�,�3�&�:6(1�#'(12$�+��*7:86*8�$2*8<718�

��������������+���,����,������6�� �������

����� �������

Even as security has beenbeefed up around bank

branches after demonetisationof high value notes, unidenti-fied brigands struck at a branchof Punjab National Bank inBudaun but on failing to gainaccess to the strong room, theychose to torch the branch inBadaun on Wednesday night.

Luckily, fire tenders rushedon time and prevented anymajor damage to the branch. Acase was registered and effortswere being made to arrest theculprits by scanning CCTVfootage.

Interestingly to concealtheir failure to facilitate secu-rity in banks, the local policetermed it as a minor incidentand did notcare to inform thesenior officers including theDGP of the brazen attempt.

Reports said that the PNBbranch in Islamnagar area wastargeted late on Wednesdaynight. The brigands did nottouch the high value notes andinstead looked for new curren-cy notes. As the new notes werekept in the strong room, theytried to gain entry but failed. Infrustration, they set computersand other items on fire beforeslipping out of the branch.

Some passersby noticedsmoke billowng out andinformed the police after whichfire tenders were rushed in.

Meanwhile, unable to buyseeds or fertilisers for the Rabicrop sowing, hundreds of farm-ers blocked railway trafficmovement for several hours inRampur on Thursday morning.

Several hundred membersof Kisan Union collected atRampur railway station onThursday morning and squat-ted on tracks disrupting railmovement. They demandedthat they be allowed to purchaseseeds and fertiliser with old cur-rency notes or the Governmentmake new currency notes avail-able to them at the earliest.

The police and railwayofficials later reached the spotand somehow defused the sit-uation. They also accpetedtheir memorandum andassured to forward it to theGovernment for consideration.

:F�,�&��������� ��1��� �)����������!������ �,����,��1����������,�� ���1,����� �12

1,���������������������� ������'�����<+&=$���������%�$�������,���" �%��,����$��������%,�������������������������,�%��)����������( ����������1,����� �12

7��������������* �*�����������+���

�/#*)%��+�* ��,%%.,�+�'%���)�,%�,�'+���"%�#*�

!�+(�,+0�/$��" /.�%.,�+''#�1%�,�*)+!-%.��#�)0#���#''�!�1+3%1%/��'+�

,%3%�#)�"+ �,��/�#1( �+/� " �,.#��1+�/�/$

����� �������

After the withdrawal ofexpulsion of Ram Gopal

Yadav by Samajwadi Party,there is hope that all expelledMLCs and sacked Ministerswould be reinstated so thatparty could project a unitedforce.

The indication to this effectcame from State SP presidentShivpal Singh Yadav who saidthat a final decision aboutrevoking the expulsion of fivelegislators will be taken byMulayam Singh Yadav.

“It is Netaji who took a callto revoke expulsion of ProfRam Gopal Yadav. The ball isin his court and will take a callon expelled legislators andother leaders,” Shivpal Singhtold reporters in Lucknow onThursday.

The expelled leaders

include MLCs Sunil SinghYadav, Anand Bhadauriya,Udayveer Singh Yadav, ArvindPratap Singh and Sanjay Lathar.Besides, national and statepresidents of Mulayam SinghYouth Brigade Gaurav Dubeyand Mohommad Ebad respec-tively, state Samajwadi YuvajanSabha chief Brajesh Yadav andstate Samajwadi Chattra Sabhachief Digvijay Singh Dev were

also sacked.A senior party leader said

that if expelled MLCs andleaders are reinstated then theChief Minister would be forcedto re-induct four ministersincluding Shivpal Singh Yadav.

Meanwhile, addressing ameeting of SP women’s wing,Shivpal Singh Yadav said thatif the women workers workunitedly no body could stop theparty from coming to power.

“The women have theaccess to every house of thelocality. Spread out to theseareas and tell people about thegood work being done by theAkhilesh Yadav government,”he said.

“We are left with threemonths time. If we work witha zeal no one can stopSamajwadi Party from comingback to power,” the State SPchief said.

Chennai: The Madras HighCourt on Thursday observedthat politics of hate is practisedby parties in South India with-out being cordial and friendlyunlike politicians of the North.

The observation was madewhile hearing a plea by presi-dent of Dravidar ViduthalaiKazhagam, Logu Iyyappan ofPuducherry related to bypollcampaign. He had soughtquashing of an Election Officer'sorder disallowing his outfit tocampaign against Congressnominee and Puducherry ChiefMinister V Naryanasamy whois contesting from NellithopeAssembly segment.

“Only hate politics is prac-tised by political parties in thesouth unlike the north politi-cians. The contention of the peti-tioner that they intend to makecampaign against the Congressitself is an exhibition of hate pol-itics,” the court said.

It also said that if the peti-tioner intended to favour anypolitical party, “they are at lib-erty to do so, but aversion to apolitical party is not good forour democracy.”

Bypoll is scheduled to be heldon November 19 and the plea wasfiled challenging rejection of hispetition to undertake campaignagainst Narayanasamy. PTI

4�0�%���0��1%����0�1��%� .�20�%" ���<%#����1%4&

>2��%�����������%��"������ ���� ��������������+��

����� �������

Asking people to bring theBJP back to power in the

State, BJP president Amit Shahsaid that the regimes ofSamajwadi Party and BahujanSamaj Party were responsiblefor the exodus of youth fromeastern UP as they did nothingfor the development of thearea.

“Time has come for theseparties to clearly say what theyhave done for eastern UP. Theparty of ‘chacha-bhatija’ is busyin the family feud whileMayawati has looted the stateexchequer in the name of Dalitupliftment. Left with no other

viable alternative to earn theirlivelihood, young people haveleft their village homes,” Shahsaid while addressingParivartan Rally in Azamgarhon Thursday.

The BJP chief said that ifthe people of Azamgarh makeup their minds to oust theSamajwadi Party, then half ofthe problem of eastern UPwill be solved. Incidentally,Azamgarh is the parliamentaryconstituency of SamajwadiParty chief Mulayam SinghYadav.

Talking about demoneti-sation of high value notes, theBJP chief said that the decisionhas set a deluge in favour of the

party forcing the Oppositionleaders to unite.

“The demonetisation drivehas created a ‘aandhi’ in favourof the BJP. While the poor areapplauding it, the corrupt arelooking for cover,” he saidadding: “The Opposition par-ties who used to criticise eachother are now united againstModi just to save their skin.”

“People want to know fromthese Opposition leaders as towhy they are so worried whenthey themselves claim that cor-ruption, terrorism and blackmoney should be weeded out of the society,” Shah asked.

>����4����%,(+/,�*)%�'+��%&+. ,�+'��+ �"�'�+1�%#,�%�/���?

��������������������������,�,������������,������ ?��G����!�����-����H���������,$�+�����������,���1,����� �12

Page 8: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

The result of the USpresidential electionhas created wide-spread stir across theworld, and many cit-

izens in the US as well as else-where have expressed deep con-cern and consternation at theelection of Donald Trump,which seemed like a remotepossibility just a day before theelection was held.

Candidate Trump madestatements and was responsiblefor several gaffes, which alienat-ed a large section of the popu-lation in the US, and hence hiselection as the President of theUS has come as a massive shockto many across the world.

Some commentators havegone to the extent of concludingthat this election represents theend of America as they haveknown it. Clearly, Americansociety appears deeply divided,and it would be a great challengefor the new President to heal thewounds which have been creat-ed by the most divisive presiden-tial election in recent Americanhistory. Trump’s ability to carryall sections of society seems atodds with his utterances and thepositions that he has taken notonly during the election cam-paign but throughout his career.

It would not be an exagger-ation to state that this electionrepresents to a large extent thedecline of the US as a globalpower and a realisation thatperhaps somebody completelyoutside the system would be bestsuited to revive what could becalled “the great Americandream”, which is obviously fad-ing away with changes that aretaking place all across the globe.

Indians have, perhaps, notfully comprehended and accept-ed the nature of change that istaking place across the world.The collapse of the Soviet Unionand the recent re-assertion ofRussia as a power on the globalstage, are significant. The dra-matic rise of China as an eco-nomic and military power haschanged the balance of global strength substantially.

Not only is Chinese influ-ence now acknowledged andevident in Africa, Latin Americaand even parts of Europe, but itcertainly has a major impact onthe Asian continent.

The 20th century was thecentury of the US, and the 21stis expected to be Asia’s century.Mahatma Gandhi had the visionto foresee the resurgence ofAsia as a sequel to independence

in several parts of this continent.It was in articulation of thisvision, and its echo in severalother capitals of Asia, that theAsian Relations Conference wasorganised in India duringMarch-April, 1947.

Prominent participants andvarious leaders attended thisconference from countries asdiverse as Afghanistan, Bhutan,Burma and Mongolia. Severalother countries, includingAustralia, the Arab Leaguenations, Britain, the SovietUnion and the US, and theUnited Nations, sent observersto this event.

In 1987, the Government ofIndia convened an AsianRelations CommemorativeConference to review and rede-fine what had emerged from theoriginal conference in 1947.Yet, the strategic implications ofthese two sets of high-level andmeaningful deliberations havenot really been reflected in theperceptions and policies ofcountries in the region. Perhapsthe altered scenario brought

into focus by Donald Trump’selection, and what can be seenas the fading away of the US asthe world’s sole superpowerrequires a reappraisal of theAsian identity. If we were to lookat one single area of globaldevelopments and challenges,the leadership of the US haseven at the best of times beenrather short-sighted.

The reference here is toaction to deal with climatechange, which is not only themost important and definingchallenge of our time, but a clearoutcome of the cumulative emis-sions of carbon dioxide andother greenhouse gases, domi-nated by the US. And yet, theUS has been dragging its feet inadopting policies and actions bywhich it shows leadership foreffectively meeting the chal-lenge of climate change.

Donald Trump has alreadystated that he does not believe inhuman responsibility for cli-mate change, and would, there-fore, withdraw from the ParisAgreement. Clearly, it is for the

most vulnerable nations of theworld, which include the smallisland states and low-lying coun-tries like Bangladesh, perilous-ly vulnerable to the dangers ofsea level rise and countries ofCentral America and theCaribbean region, prone to theincrease in extreme events andhurricanes,to define the agendafor the world. It is for Asia totake the lead in global initiativesin this arena.

It can be said that China, forinstance, has already reduced itsemissions, not only because ofslowdown of its economy but itsdetermined shift away frommassive use of coal as a sourceof energy. In other words, if theUS under the new leadership isnot willing to accept its respon-sibility for action, the rest of theworld should join hands andmove on with what is needed,leaving the US behind.

Asia is a continent of diver-sity, but we share common inter-ests. Sarojini Naidu, who was thepresident of the 1947 AsianRelations Conference, stated,“Rather, the great diversity ofAsian culture has cemented theunity of the Asian people. Whowants monotonous culture?Who wants a uniform culture?Who wants a colourless culture?Who wants one country to imi-tate another? It is rather the rich-ness and variety, the diversityand sometimes of conflicts ofone culture with another, that isthe guarantee and prophecy ofa real, abiding and dynamic unity.”

The spirit expressed in thesewords needs to be recapturednot only for the Asian continentas a whole, but within eachnation, including India whereintolerance is a serious threat tothe country’s cultural and reli-gious diversity. If countries ofthis continent respect diversityinternally, they would also showthe same respect international-ly. But this would require somevisionary leaders who forge anunderstanding within and across countries.

The real question is, whetherwe have such leaders on thescene today. If we do not, thenclearly we would have failed inanticipating some of the changesthat are taking place globally andin particular the opportunitiesfor Asia as a sequel to DonaldTrump’s election as President.

(The writer is former chair-man, Intergovernmental Panel onClimate Change (IPCC), 2002-2015)�

,�/$��"%�/#��+/E,��%,+ �!%,�%''�!�%/�)��+ $"���+�*%�+'�, (�%1%�/#��+/#)��/�%��%,�2� " ,���"%��+3%�/1%/�E,�(�+(+,#)��+� ,%� /1#//%.�#%��#)�3%"�!)%,�5���6�(+( )#�)��!#))%.�#,�.�+/%,���/��"%�1�/�/$�,%!�+��,"+ ).�*%�,� .�+ ,)��0%)�

!+1%.2��#��+/,��"#��-/+0�"+0��+� ,%��%,+ �!%,�#/.�.%()+���"%1�'+��!���=%/,E0%)'#�%�"#3%�,+!�#)�#/.�%!+/+1�!�#.3#/�#$%�+3%���"+,%��"#��.+�/+��-/+0�"+0�+�( ���"%�/#� �#)��%,+ �!%,�*%,�+0%.�+/��"%1�%''�!�%/�)���#)*%����#),+�< ,�)���'+��/. ,���#)�#.3#/!%1%/��#/.�!���=%/,E�0%)'#�%2� "%��+3%�/1%/�E,�.%!�,�+/��+� ,%.�+/%,�'+��()#/�(�%(#�#��+/��#�%#��/,(%!��+/�#/.�'+���"%�,�$/�'�!#/��( �(+,%�+'1�/%�#)� %&()+�#��+/� �,� %3�.%/��#))�� ,+)�.� #/.� �%,�,� +/� '��1� %1(���!#)� $�+ /.2�)�"+ $"��/.�#��,�/+���"%�'��,��/#��+/��+� ,%�.�+/%,�'+��1�/�/$�( �(+,%,2��.3#/!%.%!+/+1�%,�, !"�#,�� ,��#)�#�#/.��"%��/��%.���#�%,�"#3%� ,%.�.�+/%,�'+��( ��(+,%,�#,�.�3%�,%�#,�1�/�/$�#/.�#$��! )� �%2� "%��+3%�/1%/�E,�()#/��+� ,%�.�+/%,0�.%)���,�,��))� �/��"%�(�(%)�/%2� "%�:�/�,����+'�:�/%,�"#,�#,-%.���,�%&()+�#��+/!+1(#/��:�/%�#)��&()+�#��+/��+�(+�#��+/���1��%.��+��%,��'%0�.�+/%,�+/�%&(%���1%/�#)�*#,�,�#/.��" ,��$# $%���,�(+�%/��#)��+�0+�-��/�/.�#/�%/3��+/1%/�#)�!+/�

.���+/,2� �3%/� �"+ $"�� �"%�(�+<%!�� �,1%�%)���/�'��,��("#,%�+'�%&%! ��+/���"%:�/�,�����,� ,�/$�0"#���,�% ("%1�,���!#))���%'%��%.��+�#,��//+3#��+/��/��"%(��3#�%� ,%!�+�2� +� ,%� #� �%!"/+)+$��"#/�0"#�����0#,�+��$�/#))���/�%/.%.'+��� �,� (#��� +'� �"%� "�$")�� �%,(%!�%.(�#!��!%� +'� �//+3#��+/2� " ,�� 0��"#/��!�(#��+/�� �"%��/�+/��+3%�/1%/�"#,� !+��%!�)�� %1()+�%.� �"%� *%,�(�#!��!%� �"#��!#/�%/+�1+ ,)��*++,�$�+0�"��/�1�/�/$�%&()+�#��+/2�

��+/%,�0%�%�+��$�/#))�� �/�%/.%.+/)�� '+�� 1�)��#��� ( �(+,%,2�+11%/��/$�+/� �"%�/+3%)� ,#$%�+'.�+/%,�� :�/%,� �%!�%�#��� 4#)3�/.%�� 1#��,#�.��F'�#�1�/�/$�()#/�"#,��+*%�(�%(#�%.�'+��#��88�,7 #�%�-�)+1%���%�#�%#���"%�.�+/%�!#/�.+�#�*�+#.�, ��3%��+'��"%�0"+)%��%$�+/��#)+/$�0��"���,

$%+)+$���0��"�/�%�$"��+���8�.#�,2� "%�,#1%�0+�-���'�.+/%�1#/ #))����#-%,��0+�+��"�%%�1+/�",2G� "%�1�/�/$�,%!�+��"#,�'+��'#���++�)+/$�*%%/�)++-�/$�'+��/%0%&()+�#��3%��%!"/+)+$�%,��"#��!#/�, ((+�����,�$�+0�"2�/��+. !��+/�+'�.�+/%,�0�)),%�3%�#,�#�!#�#)�,���/�( ���/$��"%�#3#�)#*)%��%,+ �!%,��+�1+,��(�+. !��3%� ,%�#/.!+/,%7 %/�)�� )%#.� �+�%/"#/!%.� �/. ,���#)�+ �( �� �/� �"%�1�/�/$�,%!�+�2� /.�#//,��� �%�+'� %!"/+)+$����#/( ���"#,�, ((+��%.��"%��+3%�/1%/���/��"�,�( �(+,%2 "%�!+))#*+�#��+/�*%�0%%/��"%��+3%�/1%/��#/.�%. !#��+/#)��/,��� ��+/,��/��#!-�)�/$�,� **+�/�,+!�#)��%!+/+1�!�#/.�%/3��+/1%/�#)�(�+*)%1�,"+ ).�*%!+1%�#�� )%�#�"%���"#/�#/�%&!%(��+/2���$�+0�/$�%!+/+1��#,�/.�#E,��0+ ).��%!%�3%��"%�1 !"�/%%.%.�-/+0)%.$%�, ((+����'���,�"�$"%��%. !#��+/#)��/,��� ��+/,�.+%,�/+��1%�%�)��' /!��+/�#,�-/+0)%.$%�$�3%�,��* ��1+�%��1(+��#/�)��#,�-/+0)%.$%�!�%#�+�,#/.�!+))#*+�#�+�,�0+�-�/$�#!��3%)��0��"���#�%��+3%�/1%/�,�#/.��"%�(��3#�%�,%!��+��'+��"�$"%��%!+/+1�!�#/.��%!"/+)+$�!#)�$#�/2� "%�:�/�,���E,�.%!�,�+/��+�.%()+�.�+/%,��/��"%�1�/�/$�,%!�+���,�#�,!� ( )+ ,��%!"/+)+$�!#)�,�%(2

"%�! ��%/��3�,���+'�,�#%)����%,�.%/��% 3%/��3)�/��+�/.�#�"�$")�$"�,�"+0*+�"��"%�/#��+/,�#�%�%1%�$�/$�'�+1��"%�!)+,%���+�*%!+1%�/#� �#)�#))�%,2��+/$�"%).�*#)#/!�/$�#!�,��/�/.�#�,�#%)��%)#��+/,�"#3%�$+/%�/+02����"��"%�!+1�

�/$�+'����1%�:�/�,�%���#�%/.�#�:+.����"%�%�#�+'�/.�#E,�,�#�.�.�()+1#��!�%,�#*�)�,"1%/��0#,��%()#!%.�*��#!��3%�%/$#$%1%/��+'�/#��+/,��! ���/$�#!�+,,��.%+)+$��!#)�*#���%�,�+'��"%��+).��#��.#�,2����,�/+0�!��,�#)�!)%#���"#��:+.��"#,�()#!%./#��+/#)��/�%�%,��'��,���0"�)%�1#-�/$�'��%/.,�#/.��!+�/%��/$�%/%1�%,2����, !"�#!� !�#)�< /!� �%���"%�#���3#)�+'���%,�.%/���3)�/�+/�#�,�&�.#��3�,����+�/.�#���%')%!�,"+0�(�#$1#��,1��,�$ �.�/$�*�)#�%�#)���%,��*#/�,"�/$��"%�) ))��"#��+3%�,"#.+0%.����'+��/%#�)��#�.%!#.%�. ��/$��"%������ )%2�4 ����"#/-,��+�'+�1%�����1%�:�/�,�%�����#�#,�1"#�#+��0"+�'��,��%,�#*)�,"%.�' ))�.�()+1#��!���%,�0��"�,�#%)��/����H��+.#����"%�!+ /�����,��%#(�/$��"%�*%/%'��,�+'�#/�#))���0"�!"��,�,+�3��#)�'+��+ ��-%�#.3#/!%1%/�,��/�.%'%/!%�#/.��%!"/+)+$����+�/#1%�#�'%02�/.�#�,�#%)�(#��/%��,"�(�"#.�0��/%,,%.��%< 3%/#��+/�. ��/$�'+�1%�����1%�:�/�,�%����#)�4�"#����#<(#�%%E,�%/ �%2�/.%%.��,�#%)E,��11%.�#�%�, (()��+'�"�$"�(+0%�%.�%7 �(1%/��0#,�+/%+'��"%�1#<+��, ((+��,�+ ����1%.�C+�!%,��%!%�3%.��+�1#-%�,�$/�'�!#/��$#�/,��/�"%��#�$�)�!+/')�!��0��"��#-�,�#/2� " ,���"%�/.�#�,�#%)�*+/.��,�/+��< ,��#�,%#�

,+/#)�+/%;����"#,�.%%(��++�,�#,�0%))2 "%�%�0#,�#� ��1%�0"%/� �"%� !+1�/$!)+,%��'+��*+�"��"%�/#��+/,�0#,�,�#))%.*��/.�#E,�$�+0�/$�(�+&�1�����+�,�#%)E,%/%1�%,��/��"%��%$�+/2���,%%1,�� /.%�:+.��� /.�#� �,� �%#.�� �+� �%#(� �"%�%0#�.,� +'� ��,� '��%/.,"�(� 0��"� �"%�%0�,"� ,�#�%� �/� !� !�#)� #�%#,� )�-%0%#(+/,� #/.� 1�)��#��� %7 �(1%/���%!"/+)+$���#$��! )� �%�#/.�#),+��/�.�#�1+/.,�#/.�1#/��1+�%2�

C+�� ,�#%)�� *%�+/.� * ���%,,�/$�"%���#.���+/#)�)�/-,������,��%�,%���/$���,�%)#��+/,"�(�0��"�#/�%1%�$�/$�, (%��(+0%���0"%/���,�*%��+�"1%/��0��"�#$%�+).�#))�%,��,�'#.�/$�#0#�2�/.�#�,�#%)�%)#��+/,"�(� !#1%� �/�+� '+! ,� +/!%#$#�/���0"%/�,�#%)E,����1%�:�/�,�%�4%/<#1�/��%�#/�#" �1%��"�,� /.�#/!+ /�%�(#����/��%0�D+�-��/��%(�%1*%�

H8�I��#/.�#(�)��.%,!��*%.��"#��F,-���,��"%�)�1��G�'+��*+�"��"%�!+ /���%,��0"�)%'+�$�/$�#"%#.2� "%/�����0#,�'+))+0%.�*���"%�'��,��%3%��3�,���+'�,�#%)���%'%/!%�:�/�,�%�:+,"%�D#E#)+/��,�/!%��"%�%,�#*)�,"1%/��+'�.�()+1#��!���%,���+�/.�#��/�C%*� #��H8�92�4��)#�%�H8�9����%,�.%/����#/#*�: -"%�<%%�(#�.�#�3�,����+�,�#%)��0"�!"�0#,�"%�'��,��%3%��, !"��+ ��*��#/�/.�#/���%,�.%/�2���,�3�,��� /.%�,!+�%.��"%��/�%��%,���/��#�!"%��/$� (��"%�)%3%)�+'�*�)#�%�#)�!++(%�#��+/��.%,(��%�/.�#E,�)+/$�, (�(+���'+���"%��#)%,��/�#/�!# ,%2�4%,�.%,���&�%�/#)��''#��,�:�/�,�%��� ,"1#��0#�#<E,"�$"�(�+'�)%�3�,����+��"%��%0�,"�!+ /�����/��"%�*%$�//�/$�+'�H8�B��$#3%�' ��"%�!�%.%/!%��+��"%��%)#��+/,"�(2��/.�/+0���3)�/?,�#���3#)�#/.��:+.�E,�%&(%!�%.�3�,���+�,�#%)�/%&���%#����+�!%)%*�#�%��"%�,�)3%��< *�)%%�+'�+ ��.�()+1#��!��%)#��+/,"�(�0�))�, �%)��,��%/$�"%/�!++(%�#��+/�*%�0%%/��"%��0+�/#��+/,2

���"��"%�!"#/$%��/��+3%�/1%/��#���"%��%/��%�����1 ,��*%�,#�.��"#���"%�%��,1 !"�1+�%�3�,�*�)����#/.�)%,,�,"�/%,,�#*+ ��/.�#?,��%)#��+/,"�(�0��"�,�#%)2�/.�#.+%,�/+��/%%.��+�*%�!# ��+ ,�#*+ ����,�$�+0�/$�/%#�/%,,��+�,�#%)��< ,��'+��'%#�+'�+''%/.�/$���,���#*�#))�%,��/��"%��%,���,�#2��'�%��#))��/.�#?,�!+//%!��3����0��"�"%���#*�/#��+/,��/��"%��%$�+/�"#,�*)+,,+1%.� /.%��:+.�?,�)%#.%�,"�(2

(�������������������&� ���&���������������������������*��$���

1������,&$!����)��&��$* )�!�+�,#�&�-./�01-2

!���-�����*�%���� ���$8���� ���*�-���������2���������������,��������������������!����� ������ $��,� �%���������,�%��,������������������������ 92��%������I����������!������ ��������%,���������������������%��,��������������������

:����������������������&��������������$�� ���� *���������������

�������������

Sir — This refers to the editorial,“Step towards reform” (November14). The Opposition, which hasexpressed resentment against PrimeMinister Modi’s demonetisationdrive, lacks credible logic. Theirarguments are confined to the dif-ficulties being faced by the commonman who have been standing inlong queues to exchange old notesand withdraw cash to meet vitaldomestic needs. It is true that thelaunch of a huge monetary reform,aimed to curb black money men-ace and corruption, has causedinconvenience to the public, but thefuture will certainly be bright.

Nimai Charan SwainBhubaneswar

��� �������������

Sir — This refers to the report,“Indelible ink to curb multipleexchanges” (November 16). Whilethe public wholeheartedly wel-comed the Prime Minister’sdemonetisation drive and werewilling to bear inconvenience,the announcement to use anindelible ink to check repeatmoney exchange has createdresentment among them.

Though there might have

been a few cases of repetitiveexchanges by some unscrupu-lous elements, subjecting all thepeople to this unwarrantedignominy out of suspicion hasfrustrated the citizens.

Tharcius S Fernando Chennai

���� ���� ���������

Sir — This refers to the editorial,“Needless accusations” (November16). The editorial has rightly saidthat the authorities in Pakistan havenotably accepted, for the first timeofficially, that they suffered casual-ties on their side.

The normal practice inPakistan is to hide its own casual-ties. This is done to give an impres-sion to the locals that only Indiansoldiers were killed. This is alsodone to convince the Pakistanis thatIndia is a weak country. The sur-gical strikes carried by India toowas denied by Pakistan in toto.

Lastly, the Prime Minister'spolicy of isolating Pakistan diplo-matically has been fruitful asPakistan is now keen to re-establishitself in the world community as anaggrieved party, which is losing thelives of its soldiers, calling it aninstance of human right violations.

PN Saxena Via email

�������������������

Sir — The much-awaited WinterSession of Parliament began witha disappointment. The Housepaid homage to an MP who hadpassed earlier, as also to few oth-ers. One thought that theSpeaker’s tributes and observanceof two-minute silence was the endof the customary ritual. But,unfortunately, following a long-standing practice, the Speakeradjourned the House.

It is common knowledge thata single parliamentary meetingcosts huge amount of public moneyin MPs’ remuneration, security,etc. Hence, it is high time this need-less, hollow gesture of adjournmentswas reviewed and discarded.

As it is, parliamentary ses-sions have, sadly, become distress-ing theatre marked by unrulybehaviour, noisy disruptions andmany MPs crowding the well nearthe presiding officer’s chair, shout-ing slogans and displaying plac-ards, ignoring the Chair’s repeat-ed pleas to return to their seats,and observe decorum. Isn’t itmockery of democracy?

M RatanVia email

===������� �������

� � � � � � � � � � � � � �

�����$����

#�++���� �� ����� �

���� �0�1�0�� %�10��%��66�10%1���1� ��%� ���� 3�� ���%$�7�� �� 0�210%��%�0%����%� 0����%��1:%�1�0����%=�%��%2 ��10�

����%&&����%##� �10��> �7� �%'�;��=�

/���21�%��%0��%���1� ��%�1:%.���%�2��%'�� ���1 ?0%����%=�0�%0����66�6�%��%��� 6%�10��:%�20%�1%� %��0���

���3������>$�2��%.�� ��

"?�%�� �2���%0����0%=�0�%���1��� 03���0%��2��%�������%�0���%=���%���3��1�%"?�%���%0�%��13�211%=�0�%���%�2������1%���%�202���

@��� �1�%��#>.�� 5�% ��

�� ����D��������

�C������������������������������� ���C������ ��:�������������� ���C�������4� � �� ���D������:����:��� ���

���������� ���

�*"����+�

������������ ������������!�����*������

"�,��%'%�,��+��"%�%.��+��#)��F4%�+/.�.%1+/%��,#��+/G�5�+3%1*%���J62�))�%�%,�#�%�+/��"%���/�%���%,,�+/�+'��#�)�#1%/�2��+�.+ *����"%�:+.��+3%�/1%/�?,�.%1+/%��,#��+/�.��3%�0�))�"+$��"%�)�1%)�$"���/�*+�"

�+ ,%,2��/.�0"��/+�K��%+()%�"#3%�#���$"���+�-/+0���"�+ $"��"%�:�,�+/��"%�(�+,�#/.�!+/,�+'��"%��+3%�/1%/�E,�$�#/��,�%(��+�! �*�*)#!-�1+/%�2�

�/��"%�+�"%��"#/.��!���=%/,�#�%�)++-�/$�#���"%����%(�%,%/�#��3%,�0��"$%/ �/%�"+(%��"#���"%�)#��%��0+ ).�!+1%��� %��+��"%���%&(%!�#��+/,��#/.!+1(%)��"%��+3%�/1%/���+�7 �!-)���%.�%,,��"%���0+%,2��+/,�� !��3%�#/.()#//%.�.%*#�%,�#�%�0"#��(%+()%�#�%�.%,���/$�'�+1�(#�)�#1%/�#��#/,2�+0%3%����"�,�,"+ ).�/+��*%��"%�+/)��, *<%!��'+��.�,! ,,�+/2�

"+ $"� +/%� .+%,� /+�� %&(%!�� �"%� �((+,���+/� �+� %1*�#!%� �"%�+3%�/1%/��0��"�+(%/�#�1,��*�� �"%�,#1%��+-%/��+/%�.+%,�/+��0#/��"%�+((+,���+/�(#���%,��+�*%� (��/�#�1,�+/����3�#)��,, %,��"#��#�%�/+���/�"%��/�%�%,��+'��"%�/#��+/2�

+�4�5�����'��������

���� ������������"����@������6���5��4��6789����:�9�

Page 9: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

��������2&$!����)��&��$* )�!�+�,#�&�-./�01-2

'�1��� ����� ���3���4�� ����5�������������������6�7�� ����1�� ������3� ������

1 �����6�7�� ����� ���������5��68"����(�������$�$�+%�)"($�

(��1 ���� �������39�� �� �:5��3���3���6�+���*11����������;�����6�7�� ��������5�������&9���3���68+(-��� ����"��'��$��*'$�%.$.

��"��-*"�+����"��%

Eons back, former PrimeMinister Indira Gandhi gavethe clarion call of ‘Garibi

hatao’ but it remained a pipedream. Rajiv Gandhi, who suc-ceeded her, too did precious little.He tried hard to straddle betweenVP Singh and Sam Pitroda, buteventually left behind a forgettablelegacy. The less said about the UPAGovernment the better. FormerPrime Minister Manmohan Singhwas not called an “underachiever”by TIME magazine for nothing.

However, the most enduring-ly corrupt legacy of Nehruviansocialism and successive CongressGovernments, that ruled India formore than 60 years, is the yawn-ing chasm between the rich andthe poor, made worse by a paral-lel ‘black economy’ that at an esti-mated 20 per cent of gross domes-tic product (GDP), comes to over�30 lakh crore or $460 billion,assuming India’s current GDP at$2.3 trillion.

The great news though is themassive assault, launched on theshadow economy, by PrimeMinister Narendra Modi onNovember 8, via demonetisation ofold �500 and �1,000 notes whichis one of its kind for its sheer size,scale and timing.

It would have been funny hadit not been ironical that, TrinamoolCongress chief Mamata Banerjeeallowed the �2,600 crore Saradhascam and the �40,000 crore chitfund scam to loot more than 20lakh investors through more than250 shadow companies and 2,500fictitious bank accounts, shouldtalk of the hardships faced by the downtrodden!

As for the Bahujan SamajParty leader Mayawati’s fetish forinstalling more than 130 ‘elephantstatues’ in pink sandstone, all overUttar Pradesh, at the expense oftaxpayers money, rankles to thisdate. Coming to the SamajwadiParty, the only thing that competeswith the infamy of Uttar Pradesh

being the new rape capital ofIndia, under the inept leadership ofAkhilesh Yadav, is the infightingbetween the ‘chacha-bhatija’ duo.

While it is true that there havebeen lengthy queues and minordisruptions too, neither thebonafide intent nor the executionof the Modi Government can bequestioned. It is the ‘surprise ele-ment’ that is precisely the reasonwhy this demonetisation exerciseis set to yield phenomenal results.

In the final count, one-third ofthe �14.5 lakh crore (money heldby way of �500 and �1,000 notes)will never find its way back into thebanking system as it is unac-counted for/illegal. Liability of theReserve Bank of India (RBI) will,therefore, to that extent, reduce. Ifassets reduce by as much liabilities,it will only end up as a balance sheetadjustment on the books of RBI butif assets do not reduce likewise, the

RBI will be left with a massive sur-plus that will accrue to its reserves.

More importantly, this exer-cise should eventually addbetween $30 billion to $45 billionor between two per cent to threeper cent to India’s budget alonewhich is three times the size ofIceland’s economy!

The Government of Indiathen has the leeway to spend thisadditional money unearthed byway of demonetisation (betweenthree lakh rupees to �4.5 lakhcrore) on social services likehealth care, education, affordablehousing et al.

Hence, fear mongering thatdemonetisation is deflationary isa lot of humbug. True, cashdependent supply chains willface transient glitches, butdemonetisation is the cleanestand one of the most efficient andprudent way of pump priming

the economy, without the asso-ciated evil of adding to undueinflationary pressures.

Government’s finances willget a further thrust from the factthat fiscal deficit of �5.3 lakh crorefor 2016-2017 is expected to reduceby a whopping 50 per cent. Someestimates suggest that fiscal deficitcould actually be fully wiped away!

Assuming a possible situationwhere tax/GDP remains constant,India, with little luck from futuretelecom airwaves auctions andPSU disinvestments, can actuallycough up a fiscal surplus, a yearhence, which will be a first in thelongest time in its economic history.

Lending rates should fall too!Don’t forget that India’s 10-year sov-ereign bond yield that was tradingat 7.38 per cent as recently as Julythis year, was trading at just 6.64 percent, within two days of the‘demonetisation’ announcement!

Ten-year bond yields are seensliding to between 6.15 per cent to6.4 per cent by March 2017. If thatindeed happens, it would mean asecular downtrend in both, short-term and long-term lending rates,including home loans.

A 25bps fall in interest rate onone crore rupee home loan for 20years, for instance, could lead tosavings of four lakh rupees and a50bps fall could actually lead to asavings of eight lakh rupees, overthe tenure of the loan! That, cou-pled with a 25 per cent to 30 percent fall in property prices thanksto “freezing of the black compo-nent”, is nothing short of an “hon-esty bonus” for the commoner whounder 60 years of Congress rule,had his back broken.

For naysayers who say India isa cash economy with only 2.5 crorecredit cards, 57 crore debit cardsand 1.3 crore e-wallets, well, the ballhas been set rolling for the movefrom paper to plastic! Also, onextrapolating data from variousGovernment of India websites,including the RBI site, it is nowclear that under the ModiGovernment, more bank accountswere added in the last two years,than the total number added underan inept Congress between 2004-2013! Thanks to ‘Jan Dhan Yojana’,atleast eight out of 10 people haveaccess to banking and that ratio isgrowing exponentially. Number ofhouseholds in India, with no accessto banking, has shrunk to as littleas few than 23,000.

Assuming informal sector at 20per cent of GDP and assuming for-mal sector is taxed at an average rateof 15 per cent to 20 per cent, withdemonetisation, once the formaland the informal merge, the boostto GDP on this count alone couldbe between three per cent to fourper cent. It’s mathematics andnumbers don’t lie.

(The writer is an economist andchief spokesperson for BJP, Mumbai unit)

As expected, the Winter Sessionof Parliament has begun on athorny note due to the

Government’s demonetisation ofhigh-value currency. On the stanceadopted by Opposition on thedemonetisation move, two facts arenoteworthy. First, none of the partieshave criticised the demonetisationmove per se but almost all of themhave criticised the manner in whichthe drive is being implemented.Second, some parties have allegedlack of confidentiality that accordedunfair advantage to a selected few andtermed it as “demonetisation scam.”

Also, none of the partieshave given due credit to theModi Government for takingsuch a bold decision which isone of the few bold steps in thepost-colonial India that reflectsa strong ‘nation state’.

However, in being criticalof Government’s demonetisa-tion move, the Opposition ismissing the woods for thetrees. The ‘first order’ reactionexpected of them is to laud thePrime Minister and hisGovernment for taking a deci-sion which will have far-reach-ing ramifications. How manyparties have wholeheartedlysupported the move? Some ofthem have reacted in a tepidmanner by simply ‘welcoming’ themove, but were quick to launch anattack on the lack of preparedness.Has any party highlighted the hugepotential benefits to the commonman over medium to long-term thatfar outweigh the short-term costs?

There is no denying to the factthat the implementation processcould have been managed better. Butlet’s first understand the context.Given the nature of this intervention,the demonetisation exercise could nothave been implemented in a phasedmanner; nor could the Governmenthave run pilots before implementingit at scale. The nature of intervention

calls for a single shot implementation. Also, given the scale of imple-

mentation, it is bound to face dif-ficulties. No amount of preparationcould have averted the pain. Whileits a simple, short-term pain for thepopulation, it is a deep wound forthe minority who stand to lose ina big way and those wounds will notheal anytime soon. This minority ismost critical of the Government’sdemonetisation move.

In hindsight, the Governmentcould surely have implemented therollout of the new currency notes bet-ter. For example, the Government

could have been more thoughtful indevising the rules, and thereby couldhave avoided the need for refinementof rules as the implementation gotunderway. Further, there could havebeen improved communication ofthe rules on cash withdrawals anddeposits as well as exchange of oldcurrency notes. May be there wascomplete clarity of rules between theinstitutions involved but certainly notat the level where the general publictransacts with the branch/field offices.

Still, the Union Governmentand the Reserve Bank of India (RBI)have displayed an open mind andhave been quick to learn from the ini-

tial days to fine-tune the implemen-tation process. It is not clear what levelof detail could have been worked outwell in advance, given the confiden-tial nature of the move, but certain-ly, a thought exercise on how thedemonetisation is likely to impactday-to-day lives of the commonpeople could have helped theGovernment and the RBI to opera-tionalise the move better.

Almost all opposition partieshave criticised the implementationprocess from the lens of the commonman (not from the administrator’slens). But how many of them have

expressed any sense ofurgency in dealing with theplight of the common mandue to black money in cir-culation with all its attendantill-effects such as inflation,poor public services due toleakages of public fundingand so forth? Or are theyusing the common man asan alibi to vent their views asthe demonetisation movehas hurt, at least some ofthem, personally?

The implementationpart, though extremelyimportant, is something inwhich all parties, both at thecentral and States level, havea role to perform. There is a

saying, “If you only have a hammer,you tend to see every problem as anail.” But this need not always be thecase. If a party is in Opposition, itdoesn’t necessarily have to take anadversarial stance. If the parties arereally concerned about the ‘sufferings’of the common man, they must comeup with concrete suggestions on howto smoothen its implementation.

They must look at the issue fromthe administration’s lens too. Bydoing so, they will not only do a bigservice but also reaped some politi-cal gains by riding a ‘rising tide’.

(The writer is a development economist)

9��$�������������������� ������� ���������������������!�������������5����"��%,��,�%��� �,��������������������5���������%�,�

�������� �

$��53��;�����3 ������� �����1���������&�'� ����3 ����������

� <��� �� �� 9�� ;�� �����=!�1������������1�������4������3����� ���4

����������3 �� ����������3 ��3��;�4����������&�'��������5��� ����� ����������������1�����������5��1�������6���>�

3 ���3 ����� ���53�������>�����

A�11� 1%� %��� 6%� ����1�0�� %���0%

/,�%#.�+'�!����!�,�/$��"%��+3%�/1%/�?,�.%1+/%��,#��+/�1+3%���"%�((+,���+/�,"+ ).�"#3%�,� .�%.����'�+1�#/�#.1�/�,��#��3%�)%/, ���������

8������������� ����++�����������%

Prime Minister NarendraModi’s recent announce-ment about the demon-

etisation of high value curren-cy notes has shocked the citi-zens of this country. Also, thedecision, taken to weed outblack money and fake curren-cy, has disrupted normal cir-culation of money. With high-er denomination notes losingutility, smaller denominationnotes are not available suffi-ciently. As a result, householdshave become cash-strapped.

The Reserve Bank ofIndia’s (RBI) annual report for2015-2016 said that nearly 90.3billion bank notes worth �16.4trillion were in circulation inthe economy at the end ofMarch this year. Out of the totalvalue, higher denominationnotes accounted for a signifi-cant share of 86.4 per cent,while remaining share of 13.6per cent was held by smallercurrency notes.

It observed that during theperiod 2014-2016, there was asubstantial growth in the vol-ume of higher denominationcurrency notes, wherein �500and �1,000 notes experienceda growth rate of 17.4 per centand 11.6 per cent respectively.

The growth of higherdenomination notes can beattributed to their demandwhich remained high, despitethe middle class resorting toonline and electronic transac-tions. In contrast, the volumeof smaller currency notes ofdenominations �100 and �50together witnessed a sluggishgrowth of 9.4 per cent.

This corresponds to theirlow demand despite the cost ofliving in India increasing sig-nificantly. Prices of almost allcommodities, including food,housing, and healthcare have

skyrocketed, which necessitat-ed greater use of higherdenomination notes oversmaller currency notes.

However, due to demon-etisation, there is a suddensurge in the demand for small-er currency notes. Alas, thereare not enough smaller denom-ination notes in the market.Against this background, itwill be interesting to analyse thestate of the economy post-demonetisation and under-stand the implications of thiscrucial decision.

Due to immediate with-drawal of currency from themarket, circulation of moneyhas been hampered. People arereluctant to undertake cashtransactions, which has result-ed in low sales and purchases.

Small businesses, retailtraders and unorganised work-ers (roadside vendors, house-maids, rag pickers, and drivers),have been severely affected. Asper estimates by the NationalCommission of Enterprises inthe Unorganised Sector(NCEUS 2008), the unorgan-ised sector in India contributesabout 50 per cent to the grossdomestic product.

Disruptions in sales andearnings of workers will likelyaffect national income in thenear future. The prevailing liq-uidity crisis is also expected tocause a decline in consumptionspending, which might reduceeconomic growth.

The repercussions of thispolicy decision have beenstrongly felt in the real estateand construction sectors toowhich are dependent on cashtransactions. Real estate invest-ments are expected to declinedue to non-availability ofinformal funding sources asstricter tax laws are put in place.

As per estimates of AmbitCapital, nearly two-third ofhousehold savings in India areinvested in physical assets iereal estate and gold. Real estatesellers generally demand halfthe payment in cash as it is con-sidered to be the safest alter-native to invest black money.Now, individuals will not haverealty as an option to park theirunaccounted-for cash. Thismove will promote a moretransparent, lawful and elec-tronic mode of financing.

On the other hand, thebanking sector will definite-ly benefit from increaseddeposits in the short-term,which may lead to a fall ininterest rate, therefore, aug-menting domestic lending inIndia. The deflationary effectof demonetisation will also bewitnessed in the Indian econ-omy in medium to long-term. This will be favourablefor consumers and investorswho are keen on purchasingland, especially agricultural,which was expensive earlier.With demonetisation, illicitactivities and money laun-dering too will be checked.

Although theGovernment has injectedmoney supply through newcurrency notes of value �2,000and �500, but these notes areeither not sufficiently availableor are not useful. A personwho tries to shop using �2,000is told by the shopkeeper tospend the entire note as hedoesn’t have enough change.Therefore, the RBI must printadequate volume of smallerdenomination currency,alongwith new currency, toensure smooth conduct ofeconomic activities.

(The writer is Junior Fellow,Observer Research Foundation)

�%1+/%��,#��+/�"#,�)%.��+��/!+/3%/�%/!%2�4 ���"%�1+3%�0�))! �*�*)#!-�1+/%���%)�1�/#�%�'#-%�! ��%/!��#/.�!+�� (��+/ �����'�+�-

�"%/� �"%� '+ ��1+/�"� 0�/.+0� 5� /%� �� �+�%(�%1*%�� �86� '+�� �"%� .%!)#�#��+/� +'� *)#!-1+/%�� /.%���"%�/!+1%��%!)#�#��+/��!"%1%

5��6�0#,�+(%/�5 /.%������#�(%�,+/�!+ ).�(#��I9�(%�!%/��+'�.�,!)+,%.�#1+ /��5�8�(%��!%/���#&�() ,��9�(%�!%/��(%/#)��6�#/.��" ,��!+/3%���*)#!-��/��+�0"��%6�����1%

:�/�,�%���#�%/.�#�:+.��"#.�,, %.� #� 3%�)%.� * �� ,�%�/0#�/�/$� �+� �#&�.+.$%�,2��%+(�/%.��"#��(%�,+/,�0"+�.+/+��!+1%�!)%#/�/+0�0�))�*%.%#)��0��"�#�"%#3��"#/.�#'�%��%(�%1*%���82�

4#,%.� +/� �/'+�1#��+/!+))%!�%.� '�+1� 3#��+ ,,+ �!%,�����*#/-,��(�+(%����%$�,��#��+/�+''�!%,��<%0%))%�,#/.� +�"%�� ()#�'+�1,�� 0"%�%*�$� ��!-%�� ��#/,#!��+/,� #�%.+/%�� �"%� C�/#/!%� :�/�,���

"#.�!+1(�)%.�#�)�,��+'�/�/%�1�))�+/�(%�,+/,��0"+�,(%/� (��+�+/%�!�+�%�� (%%,��/�(�%3�+ ,��%#���* ��"#.�/+�'�)%.��"%����/!+1%��#&��%� �/2� "%�/!+1%� #&�.%(#���1%/��"#.�#),+�,%/��.�,!�%%��%�1#�),��+�#)%����"%1��"#��"%��!+ ).�*%�(+�%/��#)��#�$%�,�'+��)%3��+'�"%#3��(%/#)���%,��*%,�.%,��#&���'��"%��.+/E��.�,!)+,%2

�+0%3%���#/�+3%�0"%)1�/$�1#<+�����+'��"%1�.�./+���#-%��"%�0#�/�/$�,%��+ ,)�2� "�,��,�%3�.%/!%.�*��"%�'#!���"#�� /.%���"%����,!"%1%��#�1%#$%��BI�888(%�,+/,�+��82J�(%��!%/��+'�(+�%/��#)�.+.$%�,��.%!)#�%.�"%��� /.�,!)+,%.��/!+1%�#/.�(�+(%���2��� �����"%��+�#)#1+ /��.�,!)+,%.��%�� B9�H98�!�+�%�1#��)++-��1(�%,�,�3%�5�"�,��,�.+ *)%��"%�#1+ /������888�!�+�%�.�,!)+,%. /.%���"%��+) /�#�����,!)+, �%�/!+1%��!"%1%�5���6*�+ $"���/����J6�* ���,�,��))�#�.�+(��/��"%�+!%#/2

"%�7 #/� 1�+'�*)#!-�1+/%���/��"%�%!+/+1���,%,��1#�%.��+�*%��/��"%��#/$%�+'�#�7 #��%���+��0+��"��.+'��"%�$�+,,�.+1%,��!�(�+. !��5���6��.%(%/.�/$�+/�"%�,+ �!%2� #-�/$�����#�����A�88�888�!�+�%�#���"%)+0%��%/.�����0+�-,�+ ���+�#*+ ����9�88�888�!�+�%2����"%�"�$"%��%/.���"�,��,�� �H�88�888�!�+�%2��$#�/,���"�,��"%�.�,!)+, �%� /.%���"%����,!"%1%�0#,�#����')%��2AB(%��!%/��+'��"%��+�#)�,�+!-�#��)+0%��%/.�#/.�82J�(%��!%/�#���"%�"�$"%��%/.2

+��/���#�%�(�+!%%.�/$,�#$#�/,��, !"�#�" 1+/$+ ,/ 1*%��L�!)+,%��+�+/%�!�+�%��#&�.+.$%�,�L�#/.�$%��"%1�(#���#&�5*%,�.%,�(%/#)��6�0+ ).�"#3%�*%%/�#/�1(+,,�*)%��#,-�5�%!+ �,%��+�,%#�!"�#/.�,%�= �%,��/�"%�)#,���0+��%#�,�"#3%���%).%.�+/)��#�'%0��"+ ,#/.!�+�%,62�:+.�?,�#//+ /!%1%/��+/��+3%1*%��A���"#�F�"%�%&�,��/$��988�#/.����888�.%/+1�/#��+/�/+�%,�0�))/+�)+/$%��*%�)%$#))��3#)�.�'�+1�1�./�$"��+'��"#��.#�G�/%%.,��+�*%�3�%0%.��/��"�,�*#!-.�+(2�

"%�!#,"�!+1(+/%/��+'�*)#!-�1+/%���,�#*+ ��I8(%�� !%/�� +�� ��I�88�888� !�+�%� #�� )+0%�� %/.� #/.��J�88�888�!�+�%�#���"%�"�$"%��%/.2�C ��"%���/%#�)��AB(%��!%/��+'��"%�!#,"��,�"%).��/��"%�'+�1�+'��"%,%�"�$".%/+1�/#��+/�/+�%,2� "�,���#/,)#�%,��+���H�88�888�!�+�%#/.���H�88�888�!�+�%��%,(%!��3%)�2����"�.%1+/%��,#���+/���"%��+3%�/1%/��"#,��%. !%.�#))��"%,%�!#,"��/�+(�%!%,�+'�(#(%�,M

�%�,+/,�"+).�/$�!#,"�"#3%�*%%/�$�3%/��"%�+(��+/+'�.%(+,���/$��"%1��/�+��"%���*#/-�#!!+ /��0��"+ ��#/�)�1���5%&!"#/$%�+'��H�888�#�.#��'+��/%0�/+�%,��,�#/�0#��/+��1%#/��'+��"+#�.%�,�+'�*)#!-�1+/%�62�4 ���#/�#1+ /���/�%&!%,,�+'��H98�888�0�))�!+1%� /.%�� �,!� ���/��#/.�#���#!��H88�(%��!%/��(%/#)���5*%,�.%,��8�(%�!%/���#&�#/.�J29�(%��!%/��, �!"#�$%6�() ,�#�<#�)��%�1 (��+�,%3%/��%#�,2��+���"%��0�))�$+�'+��#�)%,,%��%3�)�+'.%,��+��/$��"%12

"�,�#!��+/��,�#�1#,�%��,��+-%��"#��!#/�! �*�*)#!-1+/%��1%/#!%2���%&��/$ �,"%,���H�88�888�!�+�%�#/.��H�88�888�!�+�%�0+��"�+'�)�#*�)����+'��"%�%,%�3%�4#/-+'�/.�#�5462�� ��.�''%�%/�)������*+),�%�,�#,,%�,�+'��"%#(%&�*#/-�*���"#��1 !"�0"+��/�� �/�!#/�( 1(�%7 �3�#)%/��#1+ /���/��"%�%!+/+1���"�+ $"�*#/-�/$�!"#/�/%),2� "%�*#/-,�0�))�$%��%/+ $"�!#(��#)��+�' ))��+'',%��"%���/+/�(%�'+�1�/$�#,,%�,2

"%�%�0�))� *%� /(�%!%.%/�%.� , �$%� �/� !�%.��� �+�/. ,���%,�#/.�* ,�/%,,%,�'+���/!�%#,�/$��/3%,�1%/�#/.�(�+(%))�/$�$�+0�"2�:�))�+/,�+'��+ �",�0�))�$%��<+*,#/.��/!+1%�)%3%),�0�))���,%��$�3�/$�#�*�$�*++,���+�#$$�%�$#�%�.%1#/.2���$"%��$�+0�"�5.%'�/��%)���/�.+ *)%�.�$��60�))���%).�1+�%��#&��%3%/ %�'+���"%��+3%�/1%/��0"�!"0�))�*%�1 !"�*%��%��(+,���+/%.��+�#.%7 #�%)��' /.�#))0%)'#�%�,!"%1%,�'+���"%�(++���*%,�.%,��/3%,��/$��/��/'�#�,�� !� �%������+#.,��"�$"0#�,��(+�����#�),�%�!2

"%�!+ /����0�))�#),+�*%�,#3%.�'�+1�+�"%��(%�/��!�+ ,��)),��"#��#�%�$%�1#/%��+�*)#!-�1+/%���%1#�/�/$�/� �"%� "#/.,�+'� �#&� .+.$%�,����� "�$"�(��!%� +'� �%#)%,�#�%N"+1%,��1%.�!#)�'#!�)���%,��%. !#��+/�%�!���/�'#!��#/��%,,%/��#)���%1,�5�/!) .�/$�( ),%,��'� ��,N3%$%�#*)%,60"�!"�!#/�'#))�(�%���+�"+#�.�/$�#/.�*)#!-�1#�-%��/$*���"%12� "%�!+11+/�1#/�$�+#/�/$� /.%��,(��#)�/$�/')#��+/�0�))�*%�#��"�/$�+'�(#,�2

��!+))#�%�#)�*%/%'���0�))�*%�,1#,"�/$�+'�!+ /�%��'%���! ��%/!��#/.�#,,+!�#�%.�' /.�/$�+'��%��+��,��#!��3����%,�*��+ ��/%�$"*+ �2��(#���'�+1�(�%3%/��/$�!#, #)���%,��*+�"�!�3�)�#/�#/.�1�)��#�����"�,�0�))�"%)(�,#3%��"+ �,#/.,�+'�!�+�%,�+'�� (%%,��"#���"%��+3%�/1%/��! ���%/�)��,(%/.,�+/�.%'%/!%�#/.�1#�/�#�/�/$�(%#!%�+/*+�.%��#,�0%))�#,�0��"�/2� "�,�1+/%��!#/�*%� ,%.�'+�%!+/+1�!�.%3%)+(1%/�2� "%�.%!�,�+/�0�))�#),+�$�3%�#*�$�'�))�(��+�:+.�E,�%''+��,��+��%�/��/�!+�� (��+/2��"%/�"%�1+ /�#�/,�+'�!#,"��"#��*��*%�$�3%�,�,%��#,�.%�'+�, !"�#!�,�"#,�*%%/��%. !%.��+�#,"%,��!+�� (��+/�0�))# �+1#��!#))��$%��%)�1�/#�%.2

�(%!�'�!#))����"%��++.,�#/.��%�3�!%,� #&�5�� 6�,)#�%.�'+���/��+. !��+/�'�+1��(��)����H8�J��0�))�*��/$#))���#/,#!��+/,�+/��#&1#/E,��#.#��%3%/�#,�#/�+/%�-%%//+���+��%(+���0�))�*%�)%'��+ ��+'��� �!"#�/�#/.�0+/E�$%��!�%.���'+���#&%,�(#�.�+/�"�,�( �!"#,%,2��+��"%�0�))*%�'+�!%.��+�.+�(�+(%��*�))�/$�'+��%3%���,#)%2�4%,�.%,�"%N,"%�!#/�#)0#�,�*%���#!%.�*��)++-�/$�#��%��%$�,�%�+'�(%�,+/�1#-�/$�, (()�%,��+�"�1N"%�2

"%�.%1+/%��,#��+/�.��3%��,�#�1#,�%��,��+-%�0"�!"0�))�*��/$�%!+/+1�!�%1(+0%�1%/���+��"%�(%+()%��/��"%�� %� ,%/,%� #/.� )#�� �"%� '+ /.#��+/� '+�� .+ *)%�.�$��$�+0�"��+�*%�, ,�#�/%.�+3%��#�)+/$�(%��+.�+'���1%2��

���� ������ �� � ������ ������ ��������

���� �+����

:����������������������������&�����*�������������������������:*�*����� ������ ���*�����������*���������������+� ������������������*����+���� ����������� ������������:*������ ;�&������������%����1�*������������6����$����%��� ��������������*��

Page 10: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&��-./�01-2 3����=�

+���'��3��(�������?������39�����3���������;��9 �5����3�� ����� �����1� ��������������������;�����5������ �5������� ���31�� ������1������ ������� ?���� �����3�

(�-�*�*�+��*"�������##�&$+��

+���39������3�������������;�9 �5������� ��9�������1� ����6�+����5������� ��

�� �����������;����� ������3��;��� �����4����$+(�� ��

;�����;���� ���� ����� ����������������1��������=��4� ������!��

����4�����51������������$�-��(����+���$�"��@$�+#�.&���%BB%$$�,�

���#/�CC

� '��2�Within days of CyrusMistry’s ouster as Chairman ofTata Consultancy Services, theIT giant on Thursday decidedto convene an extraordinarygeneral meeting on December13 to seek shareholders’ nodfor removing him from theboard.

Earlier on Thursday, theboard of Tata Group’s crownjewel TCS met for the first timeunder the newly-appointedChairman Ishaat Hussain.

Mistry, who is a director,was not present.

The EGM will be held onTuesday, December 13, 2016 at1530 HRS, and the latest salvomarks an escalation in board-room battle at Tata Groupcompanies.

“...The Board of Directorsof the company, at its meetingheld on November 17, 2016has decided to convene anEGM pursuant to the SpecialNotice & Requisition datedNovember 9, 2016 sent byTata Sons, shareholder of thecompany holding 73.26 percent of the paid-up equityshare capital of the company,to consider and if thought fit,to pass a resolution for removalof Mr CP Mistry as Director ofthe company,” TCS said in aBSE filing.

The board of country’slargest software company met

at its office in downtownMumbai this morning, but thedirectors were tight-lippedabout any decision.

Tata Sons last weekreplaced Mistry with Hussainas Chairman of TCS, a move

seen as an attempt by RatanTata-led promoter group totighten grip over the $100 bil-lion salt-to-software con-glomerate.

Tata Sons had made use ofone of the statutes that makes

it possible to nominate thechairman of the board, whilereplacing Mistry with groupveteran Hussain.

In a sudden and dramaticturn of events last month,Mistry was unceremoniously

removed as the Chairman ofTata Sons and replaced by hispredecessor Ratan Tata in theinterim, triggering a con-frontation between the single-largest shareholder and thecompany’s founding family.In the high-decibel corporatedrama that followed,Mistryaccused Tata Sons ofcornering him into being a“lame-duck” chairman in thenear four-year tenure, andalso hiding $18 billion ofpotential write-downs acrossfive group firms, includingTata Motors and Tata SteelEurope.

He also alleged that therewere potential financial issuesat the various companies andviolations of securities regu-lations.

Hitting back, Tata Sonssaid its former chairman wasfully empowered to lead thegroup and its companies buthad “overwhelmingly” lost theconfidence of board members.Ratan Tata had also lashed outat him saying Mistry’s removalwas absolute necessary forgroup’s future success.

In the days that followed,Mistry was removed asChairman of Tata GlobalBeverages Ltd, besides TCS. Hecontinues to be ChairmanIHCL, Tata Motors and TataChemicals. ���

+,*�2�<����$���%=���������������������<���0����$�����

� '��2� Ousted Tata Sonschairman Cyrus Mistry onThursday skipped two crucialboard meetings of the group’sholding company and its crownjewel TCS as raging board-room battle continues at the$103-billion group.

Mistry did not attend aboard meeting of TataConsultancy Services (TCS) inthe morning and was also notpresent at Tata Sons’ first boardmeeting since his removal onOctober 24.

Emerging out of the boardmeeting of Tata Sons at BombayHouse, director Vijay Singhcalled it a “routine” meetingwhich included taking assess-ment of the businesses and theway ahead in the next sixmonths.

Singh added that there is noplan as of now to call extraor-dinary general meeting of TataSons.

Two more directors apartfrom Mistry -- FaridaKhambatta (who is in the US)and JLR chief Ralf Speth-- didnot attend the meeting alongwith Mistry, Singh said.

Sources close to Mistry saidthere was an informal meetingof directors called by interimchairman Ratan Tata in themorning which led to Mistryskipping the crucial board meet.

Singh denied any suchmeeting, jokingly saying that allboard meets are themselves“informal”.

When asked if there wasany discussion on the compo-sition of the board, he scoffedany possible rumours saying nomore sackings are contemplat-ed.

All other directors, includ-ing Ajay Piramal, Ronen Senand Venu Srinivasan, refused tocomment. Newly inducteddirector and TCS chief N

Chandrasekaran left in a carwith Ratan Tata.

Earlier in the day, the boardof country’s largestsoftwareexporter TCS held its meetingand decided to have an EGM(extraordinary general meeting)of the shareholders onDecember 13 to considerremoval of Mistry from thedirectorship.

The EGM at TCS, in whichthe holding company has 73.26per cent stake, will in all possi-bility be the first in a string ofsimilar meetings at group com-panies to consider the expulsionof directors.

Other group companies,including Tata Chemicals,Indian Hotels Company(IHCL) and Tata GlobalBeverages, have already decid-ed to have similar meetings, andexpulsion of Bombay Dyeingchairman Nusli Wadia featuresamong the agendas. ���

:�,����,-�(,�H�-%��*+#�.�1%%�,�+'� #�#�$�+ (�'��1,

���� ���� � � R e l i an c eIn du s t r i e s an d G E onT hu r s d ay an n ou n c e d aglobal partnership to builtdigital solutions for $25 bil-lion worth industrial inter-net of things (IIoT) busi-ness.

“RIL and GE will worktogether to build out jointapplications on GE’s Predixplatform,” said a joint state-ment.

“The first-of-its-kindpartnership marks the com-ing together of two of theworld’s largest industrialconglomerates to provideIndustrial IoT solutions tocustomers in oil and gas,fertiliser, power, healthcare,telecom and other indus-tries,” it said.

IoT products are con-nected to internet and canbe operated from any partof the world using data con-nectivity like remote lock-ing of car, controlling func-tion of CCTV, water andelectric meter reading usingmobiles.

“The presence of ubiq-uitous high bandwidth con-nectivity and cloud servicesenabled by Jio will be a keyenabler for the rapid growth

of IIoT within India. It’st ime we brought smartmanufacturing capabilityinto India by providingvalue added IIOT solutionsfor the industry that willenable India’s economic

growth,” RIL Chairman andManaging Director MukeshAmbani said.

G E w i l l prov i d e i t sPre d i x c l ou d of fe r i ng ,Industrial Internet applica-t i ons and d at a s c i e n c eexp er t i s e and RIL wi l ldevelop solutions on Predixas an Independent SoftwareVendor.

Predix is operating sys-tem from GE used for theIndustrial Internet.

R I L w i l l a l s o o f fe rnationwide connectivityinfrastructure to customersthrough a 4G network ofJio, the statement said.. GEwould offer the security,availability and monitoringaspects of the platform toRIL and its customers.

“India’s potential in dri-ving the migration to digi-tal is well appreciated. Thepartnership with RelianceIndustries will shape the

future of the IndustrialInternet not just in Indiabut globally,” GE Chairmanand CEO Jeff Immelt said.

The potential for otherrevenue streams includestelecom, healthcare andagriculture, the statementsaid.

“A one per cent pro-ductivity gain for compa-nies creates around $250billion value over 15 years,across these key energy andinfrastructure industries.The digital market is grow-ing at a fast pace with IIOTcontributing the highestdegree of growth at over 10per cent,” it said.

According to Gartner,there exists a market oppor-tunity of over $25 billion by2022 for IIoT solutionsacross the four key indus-tries of oil & gas, power,healthcare and transporta-tion. ���

7&<���9�+��������������������+���=�'������ *������&����*������

����������� ��

US Federal Reserve ChairJanet Yellen on Thursday

indicated an increase in interestrate “relatively soon” if theAmerican economy continuesto show sign of improvement.

“US economic growthappears to have picked up fromits subdued pace earlier thisyear. After rising at an annualrate of just 1 per cent in the firsthalf of this year, inflation-adjusted gross domestic prod-uct is estimated to haveincreased nearly 3 per cent inthe third quarter,” Yellen said inher testimony before the JointCongressional EconomicCommittee.

The Federal Reserve, shesaid, expects economic growthto continue at a moderate pacesufficient to generate some fur-ther strengthening in labormarket conditions and a returnof inflation to the Committee’s2 per cent objective over thenext couple of years.

“This judgement reflectsmy view that monetary policyremains moderately accom-modative and that ongoing jobgains, along with low oil prices,should continue to supporthousehold purchasing powerand therefore consumer spend-ing,” she said.

“In addition, global eco-nomic growth should firm, sup-ported by accommodative mon-etary policies abroad. As thelabor market strengthens fur-ther and the transitory influ-ences holding down inflationfade, I expect inflation to rise totwo per cent,” Yellen said.

Commenting on the impli-cations of recent economicdevelopments and the eco-nomic outlook for monetarypolicy, Yellen said the stance ofmonetary policy has supportedimprovement in the labor mar-ket this year, along with a returnof inflation toward the FOMC’s2 per cent objective.

In September, the FederalReserve decided to maintain thetarget range for the federalfunds rate at 1/4 to 1/2 per centand stated that, while the casefor an increase in the targetrange had strengthened, itwould, for the time being, waitfor further evidence of contin-ued progress toward its objec-tives.

“At our meeting earlier thismonth, the (Federal OpenMarket) Committee (FOMC)judged that the case for anincrease in the target range hadcontinued to strengthen andthat such an increase couldwell become appropriate rela-tively soon if incoming data pro-

vide some further evidence ofcontinued progress toward theCommittee’s objectives,” Yellensaid.

“This judgment recognizedthat progress in the labor mar-ket has continued and that eco-nomic activity has picked upfrom the modest pace seen inthe first half of this year. Andinflation, while still below theCommittee’s 2 per cent objec-tive, has increased somewhatsince earlier this year.Furthermore, the Committeejudged that near-term risks tothe outlook were roughly bal-anced,” she said.

Yellen said the US economy

has made further progress thisyear toward the Federal Reserve’sdual-mandate objectives of max-imum employment and price sta-bility.Job gains averaged 180,000per month from January throughOctober, a somewhat slowerpace than last year but still wellabove estimates of the pace nec-essary to absorb new entrants tothe labor force.

The unemployment rate,which stood at 4.9 per cent inOctober, has held relatively steadysince the beginning of the year,she said, adding that the stabili-ty of the unemployment rate,combined withabove-trend jobgrowth, suggests that the US

economy has had a bit more“room to run” than anticipatedearlier.

“This favorable outcome hasbeen reflected in the labor forceparticipation rate, which hasbeen about unchanged this year,on net, despite an underlyingdownward trend stemming fromthe aging of the US population,”she said.

Yellen said the unemploy-ment rate is still a little above themedian of Federal Open MarketCommittee participants’ esti-mates of its longer-run level, andinvoluntary part-time employ-ment remains elevated relative tohistorical norms.

Further employment gainsmay well help support laborforce participation as well aswage gains; indeed, there aresome signs that the pace of wagegrowth has stepped up recently.

“While the improvements inthe labor market over the pastyear have been widespread acrossracial and ethnic groups, it istroubling that unemploymentrates for African Americans andHispanics remain higher than forthe nation overall, and that theannual income of the medianAfrican-American householdand the median Hispanic house-hold is still well below the medi-an income of other US house-holds,” Yellen said.

#��>� �����+������������������������������������/� �-�2� Lauding PrimeMinister Narendra Modi’sdemonetisation decision,Microsoft founder Bill Gates hassaid it is a “bold move” and willdeflate India’s shadow economy.

Delivering the SecondTransforming India Lectureorganised NITI Aayog here onWednesday, Gates said that shiftto digital transactions willenhance transparency and reduceleakages.

Modi, in surprise decision onNovember 8, demonetised cur-rency notes of �500 and �1,000denomination, replacing themwith new �s 500 and �2,000 bills.

“The Prime Minister’s boldmove to demonetise high-valuedenominations and replace withnew notes with high security fea-tures is an important step todeflate India’s shadow economy,”Gates said.

India, he added, “has all thepieces in place for a compellingvision for digital financial inclu-sion. Aadhaar will convert acumbersome, paper-basedaccount opening process into a30-second, all-digital system.”

He was of the view thatAadhaar will also create a cen-tralised data repository.

The impending rollout ofpayment banks and the ubiqui-

ty of mobile phones can enableaccess for all Indians to digitalaccounts connected to a fraud-resistant interoperable paymentsystem, he said.

Referring to health issues inIndia, the Co-Chairman of theBill and Melinda GatesFoundation said, “If I had awand and could fix one healthissue in India, it would be themalnutrition crisis. There arestates that have made greatprogress, but there also areregions where malnutrition is thenorm, not the exception.”

Observing India has thelargest number of stunted chil-dren in the world, he said, “If(malnutrition) is unaddressed,the lifetime earnings potential ofchildren who suffer from mal-nutrition will cost the Indianeconomy a staggering $46 billionby 2030.”

About 44 million childrenunder the age of 5 are stunted,that is nearly four of every 10 chil-dren. Besides the huge toll thistakes on children and their fam-ilies, malnutrition takes a toll onthe economy, he added. ���

8�������������1��� ����-����*������ �$������%4�����

'�+�-���2�Demonetisation driveby the Government is a great stepforward towards removing manybottleneck operations includingcash-on-delivery in the Indian e-commerce market, said FacebookManaging Director (India) UmangBedi on Thursday.

“The demonetisation moveis a great step forward towardsremoving many bottleneckoperations including cash-on-delivery operations in Indian e-commerce market,” Bedi saidwhile delivering a speech on

“Digital Disruption Is Just TheBeginning” at Global MobileInternet Conference 2016 here.

“As an outcome from ashort-term perspective, there isa shortage of cash in the marketwhere people are queueing up...to get new currency in, and getmore transparent and compliantwith the law. So, there is achance of retailing and e-com-merce is slowing down a little bit,but I think it is very short-termglitch, but the upside of that isreally good,” he said. ���

8��������������������+���&� �������������)4�>������)

�/��-�2�Taking advantage ofthe surge in deposits followingdemonetisation, several banksincluding ICICI Bank, HDFCBank and Canara slashed theirFD rates by up to 1 per cent.

Largest private lenderICICI Bank and HDFC Bankcut their deposit rates by up to0.25 per cent while Kolkata-based United Bank of India didit for short-term deposits by 1per cent.

Canara Bank announcedlowering its deposit rates in therange of 0.05-0.25 per cent.

The lowering in fixeddeposit rates may herald reduc-tion in lending rate as well inthe next few days.

For fixed deposit between390 days to 2 years, ICICIBank and HDFC Bank havelowered the interest rate by 0.15per cent effective yesterday,according to information avail-

able on ICICI Bank website.ICICI Bank will pay 7.10

per cent as against 7.25 per centearlier.

HDFC Bank has reducedinterest rate by 0.25 per centacross all tenures on bulkdeposits ranging between Rs 1-5 crore. The new rates areeffective on Thursday, HDFCBank said.

With the revised interestrates, the one-year fixed depositwill attract an interest rate of6.75 per cent as against the 7

per cent earlier.For fixed deposits between

‘3 years 1 day-5 years’, the ratehas been lowered to 6.5 percent from 6.75 per cent.

Public lender Canara Banksaid: “The bank has reviseddeposit interest rates in differ-ent maturities in retail and bulkdeposits in the range of 5 bps(0.05 per cent) to 25 bps (0.25per cent).”

The lender said these ratesare effective November 21.

The other state-owned

United Bank of India hastrimmed deposit rates in therange of 0.25 per cent to 1 percent for deposits up to �1crore for maturity buckets of 46days to 1 year.

Likewise, the bank has alsocut rates by similar margin fordeposits above �1 crore and �5crore for the same maturitybucket.

The country’s largest lenderSBI on Wednesday had slashedfixed deposit rates on selectmaturities by up to 0.15 percent.

Private lender Axis Bankhas cut marginal cost of fund-based lending rate (MCLR) by0.15-0.20 per cent.

SBI collected �1,14,139crore in deposits over the lastseven days till Wednesday afterthe Government announced itsdecision to scrap �500 and�1,000 notes. ���

&�&�&��?8>�����)����������#��� ���)��*�>8�������%�*����@��������

�/� �-�2�Banks are recali-brating ATMs and taking stepsto ensure new notes are avail-able to banking correspon-dents who function mostly inunbanked areas, ICICI BankMD and CEO ChandaKochhar on Thursday said.

“ATMs are being activatedslowly. Under the supervisionof RBI, banks are recalibratingATMs. Not only this, but banksare taking other steps includ-ing ensuring money shouldreach banking correspondents

and money exchangers at air-ports,” Kochhar said here.

Meanwhile, theGovernment on Thursday low-ered the exchange limit forthenow-defunct 500 and 1,000rupee notes to �2,000 from theexisting cap of �4,500, effectivetomorrow.

Among other measures, ithas allowed up to �2.5 lakhcash withdrawal from bankaccount of a bride or groom ortheir parents for a marriageduring the ongoing weddingseason.

Prime Minister NarendraModi had on November 8demonetised �500 and �1,000notes in his war against blackmoney, terror financing andcounterfeit notes.

Since then, a lot of repre-sentations have come in to thePrime Minister and the financeminister to ease withdrawalnorms for the wedding pur-pose. ���

���)���)������������)����������������$����������%��A������

� '��2�Flagging currency sup-ply as a key concern, cash logis-tics major CMS Info Systems onThursday said idling of work-force due to this is making theindustry stare at huge losses.

Vice-Chairman and ChiefExecutive Rajiv Kaul said it willtake at least 3 weeks to recali-brate the 2.20 lakh ATMs toaccommodate newer sized ban-knotes and two months for thesupply to normalise, which is“most distressing”.

“We’re crippled by lack ofmoney at right place and righttime. All our costs have doubledup due to overtime and welfaremeasures for our staff while thework we’re doing is not even afifth of the normal,” he told thenews agency over phone.

He said the cash logisticsindustry has been asking RBI toensure cash is made availableearly in the morning and can beseamlessly distributed acrossthe ATMs.

However, currency is notbeing made available and thestaff has to keep waiting for trips,he added.

Kaul also suggested thatthere is a need to make the ban-knotes available at 2-3 places ina city for easier distribution, butrued that at present it has to bearranged from 25-30 locationsacross bank branches.

He welcomed setting up ofthe task force under RBI DeputyGovernor S S Mundra, sayingthe industry hopes these imped-iments are addressed.

Stating that the losses for theindustry may run into hundredsof crore, Kaul demanded thecompanies be compensated outof the benefits accruing to theGovernment from the drive.

He said cash logistic com-panies are paid on the basis oftrips to ATMs and the value ofcurrency handled and addedthat there are setbacks on bothfronts. ���

<�����������%����+�����������+���������:*��2�4��,�

"�����3���;��� 11� ������ 9�1������51���3�����5��5���1 ���� ������������ �6�$����������; �� �� ��5 ��� ����:5���=�1��������������������� ������������ �4���� ����� �:5����;�����3�����1��5����������3 ������ 9������� ����� ������1��������������������A5 ����

"������� �������9�-� ���@ ����.�����

Page 11: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./�01-2 3����==

5���6

1,���������/��������������,���,����/�������������)�,����1,����� ����"��������"����������������������� �������� ������������� ���6��������9�������$��,�������� ���,����������������������,����������!���������,����������� ���6����������%,��,�!���� �����������,������������,���������J��,� �%��������������"���,����������������������� ���������������������������!������������%��!��������� �����������������9�1,���) /��,������� ��,����������,� �����6,�������,����������������"�������!��%�������� ���,������������������!��������������,������������������������9��������������,������� ���,����%����!���� ��,��.���������(����$����,��,��� �$�%,��,�%���������� ������!�����������,��/������� ������9�1,����,����%������������������� �����������������$�������$����������$������������������$����9�+�����,����,���$��,��%��!�������%�����!�����������,�����������%,��,�!������������ ��������,����������� ���6����������;:9;E9D;;E�����,��������9��, ����,����$�,����������,� ����������,��,��� ����!�������������,����,���������������������9�1,� ���������,����,����������,�����,���������� ������������,��,�����!�������������������,����������������"���� ��������,����������� ���6����������������������9

1,���) /��������/���������/,�����$��,���������,� ������1,����� �!��������������������"������1 �/���������������������7��!��0���������������%��,��,��%��������������������������������,�������������6�,��������%��,���%��� �������,�����������9�(����"����,��������!� ��,����!��%�����,����������������6�����������I����������������������������������� ��,������� 9�1,��%���������������������,����,��������������� �������,������������������%�����������"9� �������������������������,���������,������ ����"����������������$����"���%����$�������������������������,��9

����"�������,������ �����������>��������������������������21�A�21���$)��+)�/,���� $�)��������*����$��/��7���,��������,�������������������������������� �,��,��,�����,�������������������������#;������������2���?�*)�9��(���������������,������������������������������������ �����%��"�$��,���������������,�!����������5��!����������5��������������������,�������������9�(�������,���5�����������,��������,����������� ���,�����!����� ����������%��,�%��������"�%�����������9�)��/,���� �6����������7����������%������,����������������� ������� ������������������ ��������9�1,������������%�������������� �&3�/,�%��� $�/����3�������/����������$�/3/9

�����--�/�������$��-��$� �$��-�'�����������;�������$����$��<$��+$���������� �������'���������������������&���&�$����������, ����$ '�%�() "�%!�,�+/�+'��"%��+3%�/1%/��+'�/.�#��+�.%1+/%��,%��"%�! ��%/!��5���888�#/.��988�/+�%,6�#!�+,,��"%/#��+/�"#,�)%.��+�! ��%/!��"#�.,"�(�'+��#��(+��� ,%�,�#/.�#�����#3%)%�,2��%/!%��%&�%/.�/$���,�, ((+����+�"%�!#1(#�$/�#/.�'#!�)��#��/$�#��(+��� ,%�,�#/.�#�����#3%))%�,�����"#,�.%!�.%.��+�#))+0�#/���!"%. )%.�+11%�!�#)�4#/-��+�+(%/�#/.�+(%�#�%�5+/��%1(+�#���*#,�,6�� ��%/!���&!"#/$%��+ /�%��5,1#))6�'+�! ��%/!��%&!"#/$%�0��"+ ��)%3��/$�!"#�$%,�'+��,(#!%�#/.�%)%!���!�����%�!�#����,�#��(+��,�#!�+,,��"%!+ /���� (��+���,���%!%1*%���H8�B�, *<%!���+�#3#�)#*�)����+'�,(#!%2�%$�+/#)��&%! ��3%���%!�+�,N���(+������%!�+�,�+'����#��(+��,�"#3%�*%%/�.��%!�%.�#!!+�.�/$)�2�/�!#,%�+'�7 %�����'�#/��%$�+/#)��&%! ��3%����%!�+�N���(+������%!�+��+'��"%�(#���! )#��#��(+���+'����1#��*%�!+/�#!�%.2

����� ��������

Making a strong pitch toinvestors to recognise

India’s ‘passion’ for electronicsand technology, Minister for ITand Electronics Ravi ShankarPrasad, on Thursday urgedglobal companies to not onlymanufacture for domestic mar-ket but also for export to neigh-bouring and Gulf countries.

“India’s passion for elec-tronics is enormous and Iwould request all the investors,don't miss the opportunity ofIndia. Therefore, ‘Make inIndia’ for Indian market, andalso for exports to neighbour-ing countries. “The technologyneeds are rising in Bangladesh,Nepal, Bhutan, Maldives, SriLanka and other neighbouringcountries, Asean and Gulf,”Prasad said at a session onDigital India.

He said that Digital Indiaprogramme is aimed at making

India empowered, awakenedand a knowledge-based societyand bridging the digital dividebetween digital ‘haves’ and‘have-nots’ is a priority.

“India missed the industri-al revolution, missed entrepre-neur revolution between 60sand 90s because of licence andpermit quota Raj. We don’twant to miss the digital revo-lution. We want to becomedigital leaders,” he said.

The Minister further saidthat Digital India is not for theaffluent but rather for theunderprivileged and poor tomake their lives better through

use of mobile phones. Onmobile phone manufacturing,Prasad said that in the last 1.5years, India has attracted 40new mobile manufacturingunits.

Citing India’s pool of engi-neers, the Minister said that hisMinistry was promoting devel-oping HR in electronics ‘in a bigway’ including PhD in elec-tronics and programmes forencouraging electronics studies.“We have an open mind, if theinvestors say that Governmentalso must have a policy in thissegment. I want to assure you,we will be open to that,” he said.

><�������'����?����'������������6�����5�� �������������0��&����

���� �3�������������5���� ���9�5���4�3�����������1����5���9�5�����������/��� ���2����� 5������������� ���1��3��A5� �� :6�7����?�� �����3���������;�� ����9�5���6�7�� �������3����;�� ���� ����(������������+� �����������������'� � �

����� ��������

India and the US have resolvedmore than 100 tax dispute

cases involving �5,000 croreunder the bilateral MutualAgreement Procedure (MAP).A meeting of the BilateralCompetent Authority MAP orAdvance Pricing Agreement(APA) between India and theUS was held in Washington lastmonth, and these long pendingcases were resolved, a financeministry statement said.

During the meeting, 66MAP cases relating to TransferPricing issues and 42 MAP

cases relating to TreatyInterpretation issues wereagreed to be resolved success-fully. MAP, under the DoubleTaxation Avoidance Agreement(DTAA), is an alternative dis-pute settlement mechanismavailable to authorities and for-eign investors.

“The total amount that waslocked up in dispute in thesecases is approximately �5,000crore and these cases were relat-ed to Assessment Years rangingfrom AY 1999-2000 to AY2011-12,” it added. The resolvedcases pertain to various issueslike transfer pricing adjust-

ments made to the internationaltransactions in the nature ofpayment of royalty, manage-ment fees, cost contributionarrangements, engineeringdesign services, contract R&Dservices, investment advisoryservices, Marketing SupportServices, Software DevelopmentServices.

The treaty interpretativeissues were in the nature of pres-ence of permanent establishmentin India and profit attribution tosuch PEs, disputes pertaining toroyalty income v/s businessincome of foreign companies,etc. During the meeting, India

and US also reached an agree-ment on the terms and condi-tions of the first ever bilateralAPA. Though India started itsbilateral APA process with theUSA by accepting applicationsfrom the Indian taxpayers fromFY 2012-13, the USA started itsbilateral process with India onlyin February 2016 by way ofaccepting applications from UStaxpayers, the statement said.

“The speedy resolution ofcases and agreement on BilateralAPA due to effective mechanismof development of mutual trustand cooperation between thecompetent authorities of two

countries would really be a pos-itive factor in creating a con-ducive atmosphere for invest-ments and business by USCompanies in India,” the state-ment added.

APA, introduced in theIncome Tax Act in 2012, is a pactbetween a taxpayer and the taxdepartment on a transfer pricingprocedure for determining thevalue of assets and ensuing taxeson intra-group overseas trans-actions. APAs could be a unilat-eral agreement between thecompany and Indian tax author-ities or a bilateral agreementinvolving a foreign country.

2��5+������!��:;;���6���������������%���,��8"5��

2��������������������������������,�������� ������?��"��2�����������$� ���������������<2��������/,����=�����"��)�!���������7����������,���< �)7=$����!����������� $��1,����� ���������,��6����!�����������������,��� ���������������������"�����������,���,�� ���,�%���6���������������,������$�!�� ����9(��������,���%,��������������,���"��2�����!��������,��2���2���������1�����'���<221'=$������������ ��������%�)�,�91,����!������%����,���,������)������2�����,�%����������� ������������!�����������������������"���"�����������������������,�� ���,9�

NEW DELHI: Equity mutual funds witnessed an addition of near-ly 20 lakh investor accounts or folios in the first seven months of theongoing fiscal, primarily on account of strong retail participation. Thisfollows an addition of over 43 lakh folios in the entire 2015-16 and25 lakh folios in 2014-15. In the last 2 years, investor accounts increasedmainly due to robust contribution from smaller towns.

Folios are numbers designated to individual investor accounts,though one investor can have multiple folios. As per the Sebi data oninvestor accounts with 43 active fund houses, the number of equityfolios jumped to 37,997,044 at the end of October from 36,025,062at the end of last fiscal, a gain of 19.72 lakh. Overall, the industry foliosrose to an all-time high of 5.13 crore. Growing participation from retailinvestors and huge inflows in equity schemes have helped in increas-ing the folio counts, experts said. “Contribution towards monthly SIP(systematic investment plans) lead to higher positive net inflows in equi-ties,” Bajaj Capital Group CEO and Director Anil Chopra said. PTI

:C�%7 ����'+)�+�!+ /����,%,H8�)#-"��/��(���!��CD?�J

HYDERABAD: The demoneti-sation of high currency notes hasaffected businesses like smalltraders, FMCG and real estatetemporarily, but it will boost theeconomy in the long run, a tradeand industry body said here onThursday. “Definitely, there is aglut in the market and peopledon't have money. So, trade, par-ticularly, small traders and indus-try are getting affected. I feel it'sa very temporary phenomenon.Because, it is a shock treatment,”Ravindra Modi, President,Federation of Telangana andAndhra Pradesh Chamber ofCommerce and Industry(FTAPCCI), told PTI.

“Unless, it would have beenlike this, it would not have got the

desired effect also,” he added.Describing demonetisation moveas a ‘very good step’ to bring outblack money, he, however, said thegovernment needs to address theissue of cash crunch and commonpeople getting affected by it.

The demonetisation would,however, boost the GDP growth inthe long term at least up to one percent, he said. “Then in long term,this will affect very positively. It willadd at least one to 1.5 per cent toGDP growth. Although, they areclaiming 1.5 to 2 per cent. Definitely,it will increase,” he said. The banksare now flush with money in thewake of demonetisation and it willgive a push to the economy withlending increasing substantially asa consequence, Modi said. PTI

����� �0�1�0�� %0�%���10��� ��%� %� 63�2 )

NEW DELHI:Mines Ministry hasapproved the framework suggest-ed by SBI Cap for incentivising pri-vate companies in exploration ofminerals, Parliament was informedon Thursday. Earlier this year, theGeological Survey of India (GSI)had identified 100 explorationblocks for which the ministry hadroped in SBI Cap to prepare themodalities for auction of theseblocks. SBI Capital Markets (SBICap) has been appointed as theconsultant by the Ministry fordeveloping the procedural andcontractual framework for engage-ment of private firms in mineralexploration under the provisionsof National Mineral ExplorationPolicy (NMEP), Mines MinisterPiyush Goyal said. PTI

,�����,�����%�/A����&����-������������������������������

NEW DELHI: India’s currentaccount deficit is expected to staycomfortable at $10.1 billion in thisfinancial year, largely on accountof likely demand moderationpost the demonetisation move,says a Citigroup report.According to the global financialservices major, the country's cur-rent account could likely widenin fiscal year 2017-18 to $30 bil-lion or 1.2 per cent of GDP.

“Incorporating the Octoberdata and with likely demandmoderation post the demoneti-sation move, we expect currentaccount deficit to stay comfort-able at $10.1 billion in FY17 or 0.5per cent of GDP,” Citigroup saidin a research note.

As per the report, the currentaccount could likely widen infinancial year 2018 as averagecrude prices are expected to rise,along with the gold demand in

the next fiscal year. Moreover,higher exports growth and non-oil, non gold imports are likely towiden the country’s currentaccount situation as well. India’smerchandise trade deficitwidened to $10.2 billion inOctober from $8.3 billion lastmonth, almost entirely due to anincrease in monthly gold imports.Gold imports rose to $3.5 billionfrom $1.8 billion last month asjewellery demand increased inthe festive season.

“The last two months oftrade data reinforces our viewthat after two years of steadydecline, exports and importsgrowth have begun to normalizeas commodity prices stabilise,”Citigroup said. Citigroup expectscapital flows at $39 billion infinancial year 2017 taking BoPsurplus to $29 billion (earlier esti-mate $24 billion). PTI

>'����?��,6$�������0����E%��%��������F%G?

NEW DELHI: Addition of1,964.76 mw in the first seven-months of the current fiscal hastaken the total solar power gen-eration capacity in the countryto 8,727.62 mw, Parliament wasinformed on Thursday. “As onOctober 31, 2016, Solar EnergyProjects with an aggregatecapacity of over 8727.62 mwhave been installed in the coun-try,” Energy Minister PiyushGoyal said in Lok Sabha.

In another reply, the Ministerstated that 1,964.76 MW of solarpower generation capacity hasbeen added in the country tillOctober end of this financialyear. During last fiscal, 3,018.88mw of solar power generationcapacity was added in the coun-try. Goyal said the World Bankhas recently approved a totalamount of $625 million consist-ing of World Bank loan of $500million, Clean Technology Fundloan of $120 mn and a CTF grantof $5 million for grid- connect-ed rooftop solar programme. PTI

/.�#?,�,+)#��(+0%��$%/%�#��+/�!#(#!����#��A2J�����,#�,��+�#)

NEW DELHI: Air India, whichturned operationally profitable lastfiscal, reported an operational loss of�246.14 crore in the three monthsended June 2016. The operating lossin the first quarter of this financialyear has come down from �315.37crore in the year-ago period, Ministerof State for Civil Aviation JayantSinha informed the Lok Sabha onThursday. “The target fixed by AirIndia for operating profit for the firstquarter of 2016-17 was �87.28 croreagainst which the company has post-ed an operating loss of �246.14 crorein the first quarter of 2016-17,” he saidin a written reply to the LS. PTI

���(+,�,��HIB�!��+(%�#��/$�)+,,��/��(��)�� /%�7 #��%�

MUMBAI: Dropping for the 4thstraight session, the Sensex onThursday slumped to its 6-monthlow amid heightened risk aversion,sparked by foreign capital outflowsand lingering worries over theGovt’s demonetisation decision.BSE benchmark Sensex slumpedover 71 points in choppy trade to hitabout six-month low of 26,228. PTI

����������+%��� ������������$�

'����*����� ���������/�������"$�����,�",�%��$�����%��,������,�-���!�<�/�$�)�,�������=$�����/����,��<)* $/�������"=������������,���������������������������<���=����,�������������� ���������%�)�,����1,����� 9�1,����������,������������������������,���������������,�����,������,�����,����!�������9������� 1,���������4������)�������

Page 12: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

����=�&$!����)��&��$* )�!�+�,#�&�-./�01-2

+�*++��&+�*++��&&#*���

��&����--��&������--����-����,(������+����9�=2 ���)%#,���H�(%+()%�"#3%�.�%.,�/!%�)#�%�� $ ,���/�#/�%(�.%1�!�+'�'���#))%��'%3%���/��"%�0%,�%�/���$%��%$�+/�+'� #"+ #���"%�!+ /���?,�%#)�"�:�/�,����,#�.�+/� " �,.#�2

���+����������>�/�����/�-�&�� ��$$'6������2� "%�� �+(%#/��/�+/�5��6+/� " �,.#��%&(�%,,%.���,��%$�%��#� ,,�#?,�0��".�#0#)�'�+1��"%/�%�/#��+/#)����1�/#)��+ ���5��6�1%.�#��%(+��%.2

'� '��+��$����������-����&���,��������9��:��2�4+1*�/$,��/�����#?,�)%((+�!����!+/��/ %.�'+���"%��"��.!+/,%! ��3%�.#��+/� " �,.#��#!!+�.�/$��+�#�0#��1+/��+��/$�$�+ (2

�������+�/�-.&��� �-� ��� ��������-�����6�4��2���� $$)�/$��+��%. !%�+*%,����/��+ ��-�.K��(��'+��0"+)%�1�)-2��,� .��,"+0,�.��/-�/$�0"+)%�1�)-1#��1#-%�-�.,�)%#/%��#/.��/!�%#,%�"%���3��#1�/���)%3%),���/�!+1(#��,+/�+�)+0�'#��+��,-�11%.�1�)-2

�-��.������+�$���&&$�������������+��1���6?2�'��+ �#�%�()#//�/$��+�$+,"+((�/$��-%%(��+ ��1+*�)%�("+/%,#��*#���#,�#�,� .��, $$%,�,��"#�%/$#$%.��/�#�("+/%�!+/3%�,#��+/�0"�)%�����/$��+�,"+(�1#��"#1(%��+ ��,"+((�/$�%&(%��%/!%2

$�������$����-���&���.������$��-����&&�����9����2����#-�,�#/��!+ ���+/ " �,.#���%<%!�%.�#�()%#�'�)%.�*��I88 �-�,"�%&(#���#�%,��1+,�)�,!"++)�%#!"%�,�#/.��"%���'#1�)�%,�!"#))%/$�/$��+3%�/1%/�?,�+�.%�,%&(%))�/$��"%1�'�+1��"%�!+ /���2

���� �����

Amid more clashes onThursday in Yemen, the

country’s Shia rebels confirmedtheir endorsement a US-bro-kered ceasefire deal previous-ly announced by US Secretaryof State John Kerry.

However, the backing ofthe deal by Yemeni rebels, alsoknown as Houthis, was a mootpoint since Yemen’s interna-tionally-recognised Government has already dismissedthe plan as “unilateral,” sayingit was not involved in recent

talks between Kerry and aHouthi delegation in Oman.

On the ground,Government forces expelledrebels from several districts inthe Taiz while an internation-al rights group issued a damn-ing report on Thursday, criti-cising the Houthis’ detentionsof political opponents.

Human Rights Watch saidthe Shia rebels have carried outhundreds of unlawful deten-tions and torture since captur-ing the country’s capital, Sanaa.The New York-based groupsaid it has documented two

deaths in custody and 11 casesof alleged torture and abuses.

HRW also called upon theHouthis in Sanaa to hold offi-cials accountable and to releasethe detainees — without forc-ing them to sign false confes-sions of cooperating with aSaudi-led coalition that is wag-ing a war to expel the Houthisfrom territory the rebels cap-tured. Sarah Leah Whitson, theMideast director at HumanRights Watch, said the warbetween the Houthis and theSaudi-led coalition providesno justification for torture.

0���-����������������%���%���)�#�����)��� ������+���

Istanbul: Turkey is to scrap theoffice of the Prime Minister ina historic switch under aGovernment-backed proposalfor a new presidential system,a Cabinet Minister said onThursday.

Forestry and water affairsminister Veysel Eroglu saidthere would be one and possi-bly two vice presidents underPresident Recep Tayyip Erdoganin the new format, which isexpected to be submitted to areferendum next year.

“There won’t be primeministry in the new system,” hetold the state-run news agencyAnadolu. “In general there is apresident and next to himprobably a vice president like in

the United States. We mighthave more than one vice pres-ident,” he said.

Erdogan, who was electedto the top post in 2014 afterserving as Prime Minister formore than a decade, is seekinga strong presidency similar toFrance or the United States.

His ruling Justice andDevelopment Party (AKP)needs at least 330 votes in the550-seat parliament to call areferendum to legislate thechanges.

Eroglu predicted that theproposed package would be putto a referendum next springwith the support of MPs fromthe opposition NationalistMovement Party (MHP).

Opponents say that sincehe was elected Erdogan hasbecome de-facto executivepresident and argue the pro-posed changes could dragTurkey into one-man rule.

Before Erdogan becamehead of state, the Turkish primeminister was seen as the num-ber one but current PrimeMinister Binali Yildirim is verymuch his subordinate.

The Turkish strongman isalready under fire by Westernallies for a widening crackdownon opposition in the after-math of a failed putsch in July.

The full blueprint is yet toemerge, but Erdoglu indicatedthat cabinet ministers would nolonger be MPs. AFP

Islamabad: Here on a two-day visit, Turkish PresidentRecep Tayyip Erdogan onThursday raked up Kashmirissue twice, expressing concernover the violence saying eventsthere continue to “hurt ourconscience”.

Erdogan, whose countryshares a warm and traditionalrelationship with Pakistan, alsooffered Turkey’s cooperation inresolving the issue while he feltthe resolution of the dispute liesin dialogue between India andPakistan.

“The events in Kashmircontinues to hurt our con-science,” he said in his addressto a joint session of the PakistanParliament which was attend-ed PM Nawaz Sharif, Armychief Gen Raheel Sharif.

“We are aware of the dis-tress and suffering of ourKashmiri brothers and sisters.We are deeply concerned aboutthe increase of tension,” he said.

He said the situation inKashmir once again demon-strated the importance andthe urgency of the solution ofthis issue. PTI

Islamabad: Days after Pakistanclaimed that seven of its sol-diers at Bhimber sector alongthe LoC were killed, PrimeMinister Nawaz Sharif said onWednesday that any effort toharm Pakistan’s national secu-rity will be met with a “befit-ting response”, in a warning toits eastern neighbour. Sharifsaid this while with Pakistan’schief of Army staff, GeneralRaheel Sharif, as they inspect-ed the military exercises, code-named ‘Raad-ul-Burq’ (strikeof thunder) at KhairpurTamewali near Bahawalpur, astrategically located area inPunjab province, borderingIndia. PTI

Rome: Around 100 people aremissing feared drowned in theMediterranean after a migrantdinghy capsized off Libya,Doctors Without Borders(MSF) said on Thursday, citingtestimony from 27 survivors.

“The 27 men now on boardthe Argos were on board a boatcarrying 130 people. They arethe only survivors. This tragedyis just unbearable,” MSF said ina tweet. Along with the 27 sur-vivors the Bourbon Argos shipalso recovered seven bodies.

Departures from Libya arecontinuing unabated despiteworsening weather in theMediterranean. AFP

San Francisco: Fake electionnews got more attention thandid real stories on Facebookduring the final months of theUS presidential campaign,according to an analysis pub-lished Wednesday by BuzzFeedNews.

The tech news outlet foundthat the 20 top-performingbogus stories from hoax web-sites and extremely partisanblogs generated slightly morethan 8.7 million shares, reac-tions and comments at theleading social network in thethree months before theNovember 8 election.

In comparison, the 20 best-performing election storiesfrom major news websitesincluding The New YorkTimes, The Washington Post,and Huffington Post got justshy of 7.4 million shares, reac-tions and comments atFacebook, according toBuzzFeed.

Prior to the final threemonths of the presidentialcampaign, top election storiesfrom major outlets had strong-ly outperformed fake news,BuzzFeed reported.

Facebook chief MarkZuckerberg last week rejectedthe idea that bogus storiesshared at the social networkpaved a path of victory forRepublican President-electDonald Trump. AFP

���� :������

US Secretary of State JohnKerry on Thursday made a

stirring appeal to all countries,including his own, to pressahead with the fight against cli-mate change, saying a failure todo so would be a “betrayal ofdevastating consequences.”

Without mentioningDonald Trump by name,Kerry’s speech at the UN cli-mate talks was partly aimed atthe Republican president-electwho has called global warminga “hoax” and has pledged to“cancel” the Paris deal limitinggreenhouse gas emissions.

“No one has the right tomake decisions that affect bil-lions of people based solely onideology or without properinput,” Kerry said.

With 2016 on track to bethe hottest year on record,Kerry said the impacts of glob-al warming are now evidentacross the world with record-breaking droughts, rising sealevels, unusual storms and mil-lions of people displaced byweather events.

“At some point even thestrongest skeptic has toacknowledge that somethingdisturbing is happening,” he said.

����� ������ ��

Hillary Clinton, in her firstpublic appearance after

being defeated by DonaldTrump in the high-voltage racefor the White House, has laidbare her disappointment, say-ing she had wanted to “curl up”with a good book and “neverleave the house again”.

Speaking at the Children’sDefense Fund’s “Beat TheOdds” Gala here Thursdaynight, Clinton emotionallyreflected about the loss andhow she wished she could tellher mother — who decades agowas abandoned as a child —that her struggles were worthit because of what her daugh-

ter had accomplished.“I will admit coming

here...Wasn’t the easiest thingfor me,” the former secretary ofstate said.

“There have been a fewtimes this past week when allI’ve wanted to do was just tocurl up with a good book orour dogs and never leave thehouse ever again,” the 69-year-old Democrat said.

She used her speech to askher supporters not to give updespite deep divisions prior tothe November 8 elections.

“The divisions laid bare bythis election run deep, butplease listen to me when I saythis: America is worth it,” shesaid.

“I know many of you aredeeply disappointed about theresults of the election. I am too,more than I can ever express,”she said.

“Believe in our country,fight for our values, and never,ever give up,” she said.

Clinton said she wants togo back in time and tell hermother Dorothy of her accom-plishments. “She found a wayto offer me the boundless loveand support she never receivedherself,” she said.

Dorothy Rodham was puton a train to California with heryounger sister to live with hergrandparents. Those grand-parents abused the children,and Rodham moved back to

her hometown of Chicago,Illinois, to establish her life.

Clinton said she wished shecould talk to her mother as shesat on that train to California.

“I dream of going up to her,and sitting next to her and tak-ing her in my arms and saying,‘Look, look at me and listen.You will survive. You will havea family of your own: threechildren,’” Clinton said, chok-ing up.

“And as hard as it might beto imagine, your daughter willgrow up to be a United Statessenator, represent our countryas secretary of state, and winmore than 62 million votes forpresident of the United States.”

The speech was part reflec-

tion, part pledge to remainstrong in the face of a Trumpadministration, CNN com-mented.

“We have work to do, andfor the sake of our children andour families and our country,I ask you to stay engaged, stayengaged on every level,”Clinton said. “We need you.America needs you, your ener-gy, your ambition, your talent.That is how we get throughthis,” she said.

In the final weeks of theelection campaign, Clintonpledged to close her raceagainst President-elect Trumpthe way she started her career,by working on behalf of chil-dren and families. PTI

,������ �!���������� �� ������������������ ��������

C#-%���%)%!��+/�/%0,+ �,"+/%��%#)+/�C4��%(+��

1��"� ����������� ����%�� ����@� � &��� @�����������������,�����������%���������!�����

Milan: Four MediterraneanSea shipwrecks in the pasttwo-and-a-half days havecaused about 340 migrants todie or go missing, making2016 the deadliest year onrecord for asylum seekers risk-ing the dangerous voyage toEurope, a migration organisa-tion said on Thursday.

The shipwreck causalitiesbrings to over 4,500 the num-ber of migrants who have died

or disappeared crossing theMediterranean so far this year,according to the InternationalOrganisation for Migrationfigures.

The total compares withthe 3,770 people reported deador missing last year, the previ-ous record.

The organisation saidtoday that the death toll is ris-ing as smugglers force depar-tures despite rough, winter

seas. “What is shocking is thecruelty,” Flavio Di Giacomo,Italy spokesman for theInternational Organisation forMigration, said.

“The traffickers are forcingpeople to depart despite theprohibitive sea conditions.When they get to the beach,migrants who don’t want to goare forced to get on board, evenwith violence.”

Di Giacomo said traffick-

ers care little if the migrantsmake it alive. “Once you pay,you can’t go back,” he said.

The count from the recentshipwrecks was based partly onthe rescue overnight byDoctors without Borders of 27migrants, who reported thatmore than 130 people hadbeen on board their rubber dinghy when it sank, DiGiacomo said. Seven bodieshave been recovered. AP

*������� �������������,����������������������,����������

Howell Township: A couple who had 276 dogs in their bi-levelNew Jersey home have pleaded guilty to animal cruelty. A munic-ipal judge on Thursday ordered Joseph and Charlene Handrikof Howell Township to pay $25,000 in fines. Under terms of aplea agreement, they must undergo a psychological evaluationthat would have to show that they are not inclined to hoard ani-mals if they ever want to have any more pets. Their lawyerRaymond Raya says they were not mean-spirited. Raya says herhusband got Charlene Handrik six dogs when she became dis-abled and the couple acquired more dogs. AP

,� ������������GH����������� ���0������������ ���0

Dhaka: Five top militantslinked to a banned Islamistextremist group behind theJuly attack on an upmarket cafein Dhaka that killed 22 people,including an Indian girl, havebeen arrested, Bangladeshpolice said on Thursday.

The militants — amongthem a trainer, an explosiveexpert and a finance coordi-nator— belonged to theJ a m a a t - u l - M u j a h i d e e nBangladesh (JMB) and werearrested from Dhaka’s Uttaraarea, Mufti Mahmud Khan,director (media), at RapidAction Battalion headquarters,told reporters.

Those arrested were iden-tified as Abdul Hakim Faridi,

40, Rajibul Islam, 29, GaziKamrus Salam Sohan, 27, MdSohel Rana, 23, and Sheikh MdAbu Saleh, 42, — of Sarwar-Tamim faction.

Sohan, an electrical engi-neer from a reputed universi-ty, is said to be an explosiveexpert, the Dailystar reported.He is said to have had trainedmilitants in explosive making.

Faridi is said to be a formertop-level leader of theAnsarullah Bangla Team. Hisrole was said to have beenmoral instructor who preachedand strengthened the moralfibre of the militants.

Abu Saleh is said to be thephysical trainer of the militants— an expert in karate. PTI

��4<:���������������� ��������$�������������������

��+ /.��88�1�,,�/$#'�%��1�$�#/��*+#�!#(,�=%��/�:%.��:�C

2���������1������>� ��� �����������?���0��2�����

>��"�%����!��>�������������������������������

Seoul: South Korea fell silent on Thursday with heavy trucksbanned and businesses opening late as more than 600,000 stu-dents sat the high-stakes annual college entrance exam that coulddefine their future in the ultra-competitive country.

Success in the exam — which teenagers spend years prepar-ing for — means a place in one of the elite colleges seen as keyto future career and even marriage prospects.

To clear the roads for the 606,000 students to ensure theyarrive on time, government offices, major businesses and evenSeoul’s stock market opened an hour later than usual at 10:00am. Transport authorities banned all airport landings and take-offs for a 30-minute period in the early afternoon to coincidewith the main language listening test. AFP

��&��������������������������������������6��

Page 13: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./�01-2 9�9 �����=�

��/$%���������'��-���)+,��HH(+ /.,�*%'+�%�"%��0%..�/$2 "%�,�/$%��$+��1#���%.��/��#��,)#,��0%%-2� "%�>%#)?�"+,��.�+((%.�"%��1(�%,,�3%�#1+ /���/��"%�� / (��+�"%��0%..�/$��+�,�#%)�+ $"�+/��0"�!"��++-�()#!%��/�#��,���%(+��,�#�,+ �!%2�F�%�#!� �#))��*+/.%.�+3%��)+*,�%��(�==#�#�4%���E,��#'%�+/���.����%%���/��+,�/$%)%,2��%�$#�/%.0%�$"���+$%�"%��#/./+0�0%E�%�)+,�/$����+$%�"%��G�4#�)+/,#�.2F�)+3%��"%0#��1�!)+�"%,#�%�'�����/$�,+1 !"��"#��.+/E��0#/��+�,�+(2��0#/��"�,��+*%!+1%�#)�'%,��)%2�E1%/<+��/$�0+�-��/$�+ �2��%/<+��"%�0#����1#-%,�1%�'%%)2,�#%)�"#,�)+,�H9�(+ /.,�,+"%E,�*%#��/$1%��* ��E1!+1(%����3%��,+�0#���'+�����G,"%�#..%.2

B��� �>��<1� ��������� ���������6��� �� ����<1�����������;������ ��5��)� �� ��

& 5������������������������3�6�&��5��������������� ��� ������������1����39��6?8$#�$��%$++

�������� ��-�,#�,����1%:�/�,�%���#�%/.�#�:+.�E,�.%1+/�%��,#��+/�1+3%�0�))�*%/%'����"%!+ /�����/��"%�)+/$�� /2��/.�"%1#-%,�/+�*+/%,�#*+ �#.1����/$�"+0��"%���1��/$�+'��"%��%)%#,%�+'"�,�)#�%,��'�)1����� ��� "#,�� �/%.�+ ���+�*% /'+�� /#�%2F�%))��0"%/�"%�%/���%!+ /����.+%,/+��"#3%%/+ $"�%#�/��/$��"+0�0�))���� �� �.+�* ,��/%,,K�%+()%�.+/E�"#3%�%/+ $"1+/%���/�"%���"#/.2���,�#/� /'+�� /#�%��1�/$�'+�� ,�#/.'+��#/��+�"%��'�)1�G%&()#�/,���< /2F���� �� � �,�#$++.�'�)12��0+ ).,��))��%7 %,���"+,%0"+�"#3%�1+/%��+�()%#,%�0#�!"���O�"%�#..,2

�+)+�,��,�!+1�/$ (�0��"�#�/%0,"+0�?�6�48��6����1�����9��4%�#,�+���#*+ ���0+,�,�%�,��:%$"/##/.��#�/#��0"+'�/.��"%1,%)3%,!# $"��*%�0%%/�"%�1#/��.�)%11#,�+'�1#���#$%#/.�!#�%%��#,(��#��+/,2���#),+�%3+)3%,�#�+ /.�#�,��+/$�#/.��%,�+) �%�1+�"%��0"+�.�%#1,�+'�,%���)�/$�.+0/�"%���0+�#!#.%1�!#))�*��$"��.# $"�%�,��/�.+1%,��!���2���,�(�+. !%.�*��#<,"�����+. !��+/,�3�2���.2�

B#������15�����������;?

B"����5� ����3��;����3�����3?

According to an adage, we should neverjudge a book by its cover. But then it’sjust a figure of speech. However strong-

ly we deny it, the fact remains that we do judgebooks by their covers. Readers are still visu-al people after all. In a deep text-based worldof literature, to have a creative cover is vitalto make the first impression. In recognitionof the work and creativity that goes intodesigning book covers, Oxford Bookstoreannounced the awards for brilliance in bookdesign.

“There are always some images and cov-ers which an author gets fixated with whilethey are writing. They want the covers to sub-tly tell a bit of what the readers are about tofind inside,” said writer and publisher NamitaGokhale. “However, the designers have alto-gether a different look at the cover. This attimes also results in serious argumentsbetween the authors and the designers,” shechuckled.

Talking about the details of a cover, sheexplained, “Not only the colour or pictures areimportant, the text size and font also play amajor role. For instance, a Hindi book coveris completely different from the English bookcovers or Bangla book covers are distinct fromthe Assamese. Where Hindi book covers areexplanatory in nature, English book covers arebrief and open to interpretation. Also, Banglabook covers are very evocative. On the otherhand, Assamese covers are very modern instyle.”

“Book covers do not simply do the taskof attracting the readers, it guarantees a pick-up by 70 per cent,” said Priti Paul, director,Apeejay Surrendra Group. “At our stores, wehave noticed this pattern for long. Given thispattern, we decided to recognise the artistsbehind that work,” she added.

Paul will soon unveil her Bollywood-stylealphabet books which she said have profuseartworks by designers. “We value creativityand design highly, and through this award weaim to give young graphic designers and artistsexposure for the hard work they have put in,”

she said.The winner of last year’s award for excel-

lent book cover, Bena Sarin, was also a partof the discussion and said that it is necessaryfor the designer or illustrator to understandthe viewpoints of the author. It is equallyimportant for authors to understand the needof having the illustrator’s point of view. “Theyare the ones who do not simply have the coverdesign in mind according to the story. Ratherthey have a holistic view as to how the coverwill be looked at and understood by aprospective reader,” she explained.

Putting forth a different point of view,Aman Nath, writer, hotelier and architectur-al restorer said, “A book cover is not just anindependent art-form. It is simply an appe-tiser. The taste of book comes only when youstart reading it. So according to everybody else,a good designer of a bad book is guilty as theymade you buy a book which you shouldn’thave bought.” When asked about his idea ofa good book cover, Aman recalled, “I did abook titled Jaipur for which I got many sug-gestions as to what the cover should be like.Some suggested me to use pink font as it isabout the Pink City while others wanted some-thing different. Eventually, the cover had a onefoot by one foot photo of a terracotta wall witha simple font. Many publishers rubbished itand then we did an experiment. At a book-store in Mumbai, we displayed the book in ashelf of 50. Trust me, just because of the coverand the way it was used, the book glowed com-pletely. All the other books went to sleep.” Nathemphasised that it is a combination of coverand content which makes for a good book.“I’m not saying that my book did well becauseof the cover. It is an important addition to thebook though. But it is content and cover boththat make a classic,” he concluded.

“Ithink there is a decent percentageof people in India who followmotorsports, primarily Formula 1.

It’s definitely growing but I do feel that weneed to have a lot more international rac-ing series in India for people to start fol-lowing the sport and actually relate to it.Karting is quite popular because of thenumber of recreational facilities that haveopened across the country. We run TheNational Rotax Max KartingChampionship and the aim is to take thatto as many cities as possible in order toincrease the awareness,” said ArmaanEbrahim, son of Indian Formula 3 cham-pion Akbar Ebrahim, on the state of motor-sport in India. Armaan is an accomplisheddriver in his own right. When asked whatdrove him towards racing, he said, “Likeany kid, I was in love with toy cars sincemy childhood and was lucky enough tocarry this passion as my profession.” He isalso the first Asian driver to sign up for therebirth of FIA Formula Two in 2009. In a

candid interaction with us at thelaunch of sportswear collection, hetalked about racing, Indian motor-

sport, Formula One and why rac-ing has not been able to pick well

in India.“I grew up around motorsport and

loved being on the track as a kid. But it wasnever my plan. I got my first taste of actu-al racing at the first JK Tyre karting train-ing programme back in January 2003,which I ended up winning and got thechance to race and train in Malaysia. I spentmy whole summer break there working onkarts as well as racing in their National andAsian Zone Championships. The wholeprocess of learning and actually workingon all sorts of karts really gave me an insighton the machine that I was racing as wellas a much better understanding on dynam-ics of a kart. With more seat time I got bet-ter and started winning by mid-waythrough that year,” said Armaan whenasked about how he got into racing.

He has raced in all the racing formatsbe it F2, the Sprint Series or Indy Lights,“I have enjoyed, learned and gathered somuch knowledge and experience through

the various racing series that I have had theopportunity to compete and succeed in.Yes, Formula Two was the highest pointof my single seater career so far and it wasgreat to do well there. Then I moved tosports cars in which I currently competein, I’ve had the opportunity to race for var-ious manufacturers and finish on the podi-um. Last year, I took up a new challengein the form of the Lamborghini Trofeo AsiaPacific Series, driving the all-new Huracan.”He shared his views on how India can pro-mote the sport better and consolidate itselfin the world of motorsport. “India hasalready come a long way in terms of thestandard of motorsport. We have a solidfoundation for kids who want to get intothe sport and make a name for themselvesdomestically. We can most certainly gainfrom having more manufacturers gettinginvolved. Just like VW has done with its

Polo Cup and Toyota with its Etios. I thinkwe do need promoters to bring internation-al championships to India as this will helpIndian drivers immensely by givingthem an opportunity to showcase theirability on an international platformracing at home. More impor-tantly, it makes it a lot moreappealing for a spon-sor.”

Contrary toa fast paced lifeas a racer,Armaan prefersa slow and calmway to relax. “Whenever Iam not working on pro-jects, I prefer lying on abeach in a tee, shortsand a signature cap,” heconcluded.

She stands out as a womanof substance and style, whohas excelled in both on-

screen performances and livingout her causes. Less glamorousbut more compelling charactersare Shabana Azmi’s legacy thathas altered the grammar ofpresenting women in the main-stream space. Now she is all setto stage her play, Broken Images,in Delhi.

The play is about two sis-ters, one an intellectually bril-liant paraplegic, the other aplodding writer, who live underthe same roof, dependent oneach other but inhabiting differ-ent emotional as well as linguis-tic worlds.

Shabana plays both the sis-ters and their many images asthey morph into one another.She has played a multitude ofroles on the big screen but shebelieves that this was the mostchallenging role of her career.

“The play is a psycholog-ical thriller written beauti-fully by Girish Karnadand directed by AlyquePadamsee who haseven worked with mymother. The morph-ing of the charactersis very challenging.It’s one of the mostchallenging roles I’veplayed. Malini is a pre-recorded image on theTV screen and Manjula isthe live character on stage. Ihad to do Malini in one singleshot of 44 minutes and I got itright in the first take. It is a firstin my career,” she said.

“The timing is crucial. Also,if I make a mistake while play-

ing Manjula, Ihave no co-star to rescue mebecause Malini is a pre-record-ed image. It requires fierceconcentration. There is a lot ofeffort and research involved in

playing any character, irrelevantto the time period,” added she.

Asked which character doesshe relate to more, she prompt-ly said, “Manjula Nayak. She isnot a very successful short-story

writer. She suddenly becomeswealthy and internationallyfamous by writing a best-sellerin English. A little-known facein Hindi, she has now acquiredan international image and hasinherited problems of loyaltyand betrayal. All of us canrelate to both, Manjula andMalini in a little way; we’ve allgot positives and negatives, weare flawed in some way. That’swhat makes us human.”

Though she has workedextensively in theatre, peopleknow her more for her films.Which medium is closest toher? “Both are equally verydear to me. However, theatrehas been an integral part of mylife, it is as important as filmsare to me. However, what the-atre does to you is it allows youto connect with the audience.On camera, you do have achance to redeem yourself ifyou make a mistake and in the-atre everything is live and that’swhat is challenging for an artist.That’s an exciting part whereyou learn a lot about improvi-sation, practice and rehearsals!Theatre is very powerful,” shegushed.

Talking about herrehearsals, Shabana concluded,“Alyque worked with my moth-er Shaukat Kaifi 40 years agoand it’s remarkable that he isstill going strong. Nothing miss-es his eye. He directs his actorsvery closely and helps when youget stuck. He also has a strongsense of the audience’s pulse..Girish is one of our best play-wrights. He has a lot of subtextthat you discover anew as yougo along.”

��%��0��%��%0�%���1�D����+*������*���������)�������������;�!� �$�� �������8�������%������?�9������

�������: �

So should you buy a diesel ora petrol car? After all, theNational Green Tribunal had

recently banned the sale of dieselcars with big engines. And thenthere was a move to deregisterdiesel cars more than ten yearsold. And all this stemmed fromthe massive pollution problemthat the capital and its neighbour-ing cities suffered last winter andhas already suffered followingDiwali this year. Delhi and its sur-rounding cities are still surround-ed in a haze of dust and pollutionlevels, while better than before, arestill horrible.

Even as a car writer, onecannot escape the conclusionthat vehicular traffic is partially toblame for this. Yes, statistics doprove that other factors such asindustrial pollution and con-struction dust have a greater roleto paly in particulate pollution.But let us not beat around thebush. As much as development israpidly taking place on electricand hybrid vehicles, these remainexpensive and are not an alterna-tive, at least from a mass-salespoint of view.

Diesel is cheaper than petroland diesel cars are more econom-ical. But diesel is also more pol-luting and liable to more govern-ment regulations going forwardlet alone being more expensive tobuy in the first place. However,the math on buying a diesel ver-sion is still fairly complicated.Most diesel variants cost arounda lakh of rupees more than apetrol variant with the sameamount of features as a petrolvariant. Speaking to car manufac-turers in the aftermath of the salesban and deregistration issue sur-rounding diesel, we found that thesales of petrol variants went upconsiderably. This is because peo-ple who drive less than 50-60 kma day, and mainly inside cities,found the arguments for spend-ing the extra money on a dieselengine for greater fuel efficiencythin. And again, many people dis-covered that they actually com-mute far less than 50 km a day onaverage where the extra on adiesel made no sense at all.

Diesel was previously sub-sidised and is still kept cheaperthan petrol because it powersIndia’s transportation sector.Thousands of trucks that are thelifeline of India’s economy usediesel power. However, thosewho thought up the policy backin the day never foresaw theemergence of the luxury car mar-ket. Ideas such as differentialpricing have been thought up toprevent the “misuse” in a mannerof speaking of the cheaper fuel bypeople who were never supposedto benefit. However, differentialpricing will not do much but cre-

ate a black market for the cheap-er fuel.

In this segment of the market,the sale of petrol cars whileincreasing, remains quite smalleven if commutes are lower. Thatsaid, the actions of the SupremeCourt and the National GreenTribunal did force several manu-facturers to launch petrol versionsof their vehicles. Some such asJaguar Land-Rover (JLR)launched the XE sedan which wasavailable only as a petrol (and stillis). But that is not the JLR prod-uct that we are interested in thisweek, we are looking at theDiscovery Sport HSE Si4.

Now this variant at just above� 56 lakh is actually not that muchcheaper than the diesel variant,being less than a lakh cheaper ex-showroom. Despite new duties ondiesel vehicles, the price differen-tial does not change much whenyou drive one out onto the road.

However, the petrol versionhas one major advantage over itsdiesel sibling, it comes with a lotmore power. In fact it comes with237 horsepower versus 177 horse-power. And that shows on theroad. Unlike some of its Germanrivals, this car can move. Andbecause the Germans don’t havea petrol option among theirSUVs, this one can actually evenqualify as a baby “performance”SUV.

But the best thing about theDiscovery Sport is no matterwhich version you buy, it smoth-ers the roughness on the roads.And on this car, you chargethrough rougher roads with noissues at all. It is actually quite sur-prising to drive a car like this ata decent speed and without theclattering of a diesel engine.While diesel engines have becomequieter and more refined, theystill lose out to petrol engines inthe noise, vibration and the harsh-ness department.

But there is a problem withthe HSE Si Disco Sport. The cardoes not deliver great fuel econ-omy. No matter how gently Idrove the car in the city and onthe highway, with the occasional-ly spurt of excitement, it deliveredat best around 6-6.5 km per litre.The diesel-engined Disco Sportisn’t this fast or fun to drive, butit does give much better fuel econ-omy. And at this price segment,the on-road price differential asa total percentage is minimal. Yes,if you like a spot of fun and likeyour cars to be exciting, go for theSi, but most of the time, theDiscovery Sport TD does the jobjust as well. So there you have it,the argument between petrol anddiesel remains a confusing one.And in this case, the brain andthis writer have to say that youshould get the diesel option.

���4�����@: �#)-,�#*+ ���"%�!"#))%/$%,�,"%�'#!%.�(+���#��/$��0+�!"#�#!�%�,�/�����,"��#�/#.E,�()#�������� � �!�2����� ���� .+%,�#/�%1#�)�!"#�

B+�� ��������;� ���3������?

�� � � 1� ������������������ ��������3 ����3 ;��� ������3�1�������� �����

�/597���/70 "%��/��+. !��+/��+�#/��*++-*%$�/,�)+/$�*%'+�%��+ E3%��%#.

�"%�'��,��(#�#$�#("2���*%$�/,�0"%/�+ �.%!�.%��+��%#!"�+ ��#/.�(�!-��� (��+�,%%�0"#��)�%,�*%�0%%/��"%

!+3%�,2�4����D��� ����

A���%� %0��%��10%� ��:�����4��:��#�!#���#!%����#)-,�#*+ ��"�,�(#,,�+/�'+��,(%%.�#/.��"%,�#�%�+'�1+�+�,(+����/�/.�#2���� � ��� �%(+��,

Page 14: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./�01-2

�"%/��"%�$+�/$�$%�,��+ $"���"%��+ $"�$%��$+�/$P�+��"%�*#�2�'��+ E�%�)++-�/$�'+��#��%#,+/��+��%#1

(�0��"��+ ��'#3+ ���%�* /!"���"%/�)++-�/+�' ��"%�2�%#.�+3%���+��+!�#)��+�,"#-%�+''��"%�.#�)��$��/.�#,�"%�E3%�$+���+ �#/.��+ ��!�%0!+3%�%.2��"#�%3%��(+�,+/5+��#/��.+�%6��+ �'#/!���+ �!#/�/+0�$%��#�'�&�+'���*��+�.%��/$�#��#1*#�"#1*#�5*+��)%6�#�.�,!+ /�%.�(��!%,2��+�11%�,%��+ �,%)3%,��/�"%��%3%)���#/.�' /�#/.* ..�� (��+�.��/-��+��"%.%#)�*%'+�%��"%�1+/�"��, (M��6�:�482��������+/0#�.,

��+,��+�%)���%0�%)"����/3��%,�$ %,�,

�+�%&(%��%/!%��#.���+/#)��+ �"%�/�#)�#/�')#3+ �,�!�%#�%.%&!) ,�3%)��*���#)�#/�"%'�� �$��C%��#�+ /.%���"%�$ �.#/!%�+'�&%! ��3%��"%'��%%�#< �#$�2��#��/$�%1("#,�,+/��"%�# �"%/��!����+'"%#�����#)�#/�')#3+ �,���+��%/�+�+''%�,�#�'#1�)�,��)%��#)�#/�'%#,��'+����,�(#��+/,2��)'�%,!+�,%#��/$!+1*�/%.�0��"�,++�"�/$�1 ,�!�#/.�*+/#�'�.%�#)�#/�')#3+ �,���"�,�'%#,��#���+��%/�+�0�))��#-%�"%���.�/%�,��+�#�<+ �/%���"�+ $"��"%�,��%%�,�+'�#)�2��6�:�482����J98�() ,��#&%,

�?,�,%#'++.���1%#$#�/��"�,�0�/�%�

0��"��"%'��%%/#��+�#2�/. )$%��/��"%1+,��#0#��%.�"%#)�"��#/.�$)+*#))�#!!)#�1%.���/�%��+))%!��+/�1%/ '%#� ��/$�.%)�!#�%')#3+ �,�+'�-�/$(�#0/,��,7 �.,�)+*,�%�,�#/.�"#/.�(�!-%.�3#��%���+''�,"���+�-%%(��+ �!+,���"�,�0�/�%��#�� "%��(�!%�+ �%2� "%"#/.�!�#'�%.�,(%!�#)���%,�!�%#�%�#/�%&��%1%)��(#)#�#*)%�#/..%)�$"�' )�.�/�/$�%&(%��%/!%�'+��,%#'++.�)+3%�,2��6�:�482���8�888�() ,��#&%,

9�9 �����54��6�=

� /$���:+/-%�"#,��%!%/�)�

)# /!"%.�#�$+ �1%�� �+(%#/�3%$N3%$#/1%/ 2�/!�%#,%..%1#/.�'+��3%$#/+(��+/,�"#,�+(%/%. (�#�0"+)%�/%00+�).�+'�.%)�!�+ ,�#/�1#)�'��%/.)��.�,"%,2 "%�!"%'�"#,.+/%�< ,��!%�*��!�%#��/$�'%0,!� 1(��+ ,�/+/�1%#��+(��+/,�)�-%�"#0#�1#�C�)+�+)),��4+-��"+0��#((%.���)#/��+� "%��%$#/�C)#�*�%#.��==#��#/.�1+�%2��6�:�482����A88�() ,�#&%,

Trust Sakura to surprise us mostwhen we least expect it to and think

that we have savoured enough ofJapanese cuisine. Its recent menuupgrade, centred around the best ofKaiseki cuisine — the food of the roy-als — ranging from the freshest sushiand sashimi to meat and seafood, isbound to make it a talking point yetagain.

There’s a ramen and yaki soba fes-tival on and hence we ordered Yaki sobato start the dinner. This is ramen noo-dles, pan sauted with chicken and a fewvegetables in Japanese sauce. You couldsay it is a derivative of the Chinese noo-dles but in times of imperial Japan, itwas integrated so organically that todayyou would not even think about its ori-gins. Sweet, savoury and a wee bit sourand salty, it leaves a rounded satiety. Nowonder they call Japanese food the bestbalanced there is.

Next on our table was the famousCalifornia sushi roll, again an innova-tion overseas and not home-grown.Wrapped in a sheet of dried seaweed,it is simply constructed of crab, thinslices of cucumber, avocado, prawn,mayonnaise and sushi rice. The avoca-do made it creamier and softer.

“The California roll that we roll outin Sakura is quite different from whatother restaurants serve on their menu.As we used the freshest ingredientsflown from the Tsukiji market of Tokyo.The sushi making is an art no one canmake a same product from the sameingredients, that’s why we have Mastercraftman Chef Tetsu Akahira who ishaving more than 40 years of experiencein making sushi and other Japanesefood. The normal california rolls aregenerally made out of crab meat,cucumber, avocado and flying fishroe with sushi rice and sea-weed, as to give a dinners anew and distinctive tastewe add on prawn andmayonnaise with allother ingredients,”explained AshimRastogi, F and BManager, TheMet.

However, wewere drawn to theT e m p u r aMoraiawase, amixed platter ofprawn tempura witha combination of sea-sonal vegetables and asuper crunchy batter. Servedwith tempura sauce, it was per-

fectly balanced, decent and succulent. We were then served Gindara

saikyoyaki, broiled cod fish marinatedwith white Kyoto soybean paste. Cod’sbuttery flesh justmelt in our mouth andwe finished a fillet quickly.

Chicken teriyaki was as good as itgets at Sakura, fresh, chewy and lus-

trous because of the sugaryshine.

Moving to thedesserts, we tried

Maccha or green teaice cream, not forthose who do notlike tea in the firstplace. You could gofor the Ogura icecream, a scoop ofred bean, luxurious-

ly smooth, pleasantand filling.

It was hard tobelieve that a restaurant,

which we thought to begreat already, turned out to

be even better. A big thumbs upto the freshness and quality of the

menu.

For many who eat out, it’s theexperience that counts. But at

Tourist, the experience goes beyondand the food takes you on a gastro-nomical journey. Backed by a retroand travel theme, the bistro offersa smorgasbord of offerings for thepalate that promises to take youacross the world. With vacationphotographs on the wall, travelmemorabilia and around hundredsof travel books strewn about,Tourist gives the look of a vintagerailway station. It displays the bestof global street food on a woodenblock chart, the way train nameswere listed according to their arrivaltime in the past.

With a capacity of 200 spreadover three levels, the newly openedbistro includes a sheesha lounge,private seating, two bars, anamphitheatre style live music con-sole and a roof top seating area, bestfor parties. To add to the mood, themenu is divided into four passportbooklets by region; South Asia, EU(also UK, Brexit), the Far West andFar East. The menu also stands outwith historic tidbits on the dishes.

The choices looked over-whelming and we kicked off thefood excursion with Jammu kala-di. One of the famous street foodsof Jammu, this dish is served withbuns and authentic Dogra cheese.The flavour of cheese and stuffedtomatoes cannot go wrong buttamarind chutney gave it a surpris-ing turn. “It is one of the hot-sell-ing dishes at our restaurant,” saidthe Executive Chef.

We ordered chicken tacoswhich were light, crunchy andfresh. But the chef recommendedthe classic Bengali puff, radhabal-labi, served as chaat, stuffed pooris

substituting for papdi.Though the cuisine wasan interesting concept, itmajorly lacked crispiness.The salads and wraps are amust-try though.

The ten-page bar menu boastsan array of reinvented classicsfrom across the world, again takingus on a thirst-quenching journey.We tried LPG and as thename suggeststhe cocktailcame alongwith a miniLPG cylinder.Though weweren’t able to con-nect the drink withthe cylinder, the chef

clarified, “It is a part of our presen-tation and the glass is attached to thetop of the cylinder. I don’t know whyit didn’t come out that way today.”The drink enhanced the flavour ofvodka mixed well with cranberry

and tasted sweet. Desi Piakkadwas another cocktail with

cumin, coriander andvodka which remindedus of paanipuri.

The high note inTourist came from

the desserts. TheCanadian cobblers, a

baked fruit dessert with alayer of oats and nuts, tick-

led our taste buds the right way.Digging into the hot and thick

chocolate sauce with the frieddough pastry won’t leave

you disappointed either.The New York cheese-cake in its comfortingclassic texture with ahint of crunch and gar-

nished with lemonzest was another

sweet kick to fin-ish the foodexpedition.

Amid all the fast-food joints atEpicuria in Nehru Place, Chatter

House with its classy English décorstands out from the rest. As soon aswe entered, the not-very-bright lightand James Blunt’s You’re beautifulmade for a welcoming and soothingambience. On the right side, the fuss-ball table was occupied by visitors.The restaurant is L-shaped, one thatallows it to host a classy bar on theside. Irish bricks and British armyquotes gave it the English pub feel.

After settling in, things turnedIndian as we were served keema pao,lamb dumplings, blue cheese naanwith dal makhani shots, galouti anddahi kebabs. The lamb mince in thekeema pao was cooked in a sharpspice mix that was evened out withjust the right amount of green peas.The lamb tasted just fine with the but-ter toasted pao. The dumplings werea near perfect combination of saucesand chillies with a juicy filling of lamb.Cooked in tomato and chipotle sauce,the dumplings were finished with fetaand smoked chillies. Served hot, thedumplings were a burst of flavoursand complemented a bottle of Irishstout.

The chef also played aroundwith the plain naan and dal makhani.The mini naans were stuffed with bluecheese and pineapple chutney servedwith dal makhni shots. The naanstasted unique as the sweetness of theblue cheese and the tartness ofpineapple chutney worked well with

the creamy consistency of the dal.Next on our table were vegetarian andnon-vegetarian versions of galoutikebab. The vegetarian version usedrajma or kidney beans. Very delicateto cook, kidney bean kebabs are sosoft that most of the times their shapeis ruined by the time it is served.Chatter’s kebabs stayed perfectly inshape but tasted so-so. On the otherhand, the non-vegetarian versionworked well on the flavour quotient,melted in the mouth while theflavours of pepper, cumin seed andfennel seeds came out light on thetaste buds.

Last but definitely not the leastwere the dahi kebabs. While somerestaurants cook the kebab by mix-ing cottage cheese, here it didplayeda mastery of skill. Deep-frying a curdkebab is tough in the sense that if not

done properly, the curd breaks outfrom the crust. Here it was coated ina paste of fine- grained cornflour. Thecurd filling was mixed with chili flakeswhich gave it an extra kick.

For the main course, we wereserved Toastadas, a classic Margaritaand herb-marinated pizza and aspara-gus and green peas lasagna. In a bidto serve something different, thechef ’s take on tortilla chips wasworth every bite. The toastadas werea crunchy tortilla topped with kidneybeans , pepper, salsa, cheese, and sourcream, each complementing theother. The thin crust pizzas were pre-pared in a wood- fired oven while theclassic cheese version was simple yethad a freshness, topped as it was withcheery tomato and fresh basil. Theherb-marinated pizza was toppedwith baby corn, bell peppers, mush-rooms and cheese. The crispy baseand the toppings made the pizza atreat and best in the main course. Thelasagna, however, was average as thepea paste in the layers and cheesetuned a tad messy.

After a filling main course, wewere served gulab jamun cheesecake,the best fusion dessert it could come

Chef Sumalya Sarkar has adream of bringing thelocal cuisines from differ-

ent regions of India to the main-stream hotel menus. “Peopledon’t realise as to how much thelocal food has to offer in termsof spices and flavours. I’m tryinghard to accomplish this dreamand will one day sure fulfill ittoo,” he says. Taking a step for-ward to complete his goal, he hasalso recruited one housewifefrom the nearby village ofDamdama to cook the local-stylefood in the hotel kitchen whichis served under a special menu.

Born and bought up inMidanpur, West Bengal, Sarkarwanted to do something differ-ent since childhood. Food wascertainly not one of the things hethought of doing. Slowly andgradually, his interest in theculinary art grew and he thendecided to study hotel manage-ment. Fast forward today, thechef has close to 12 years of culi-nary experience with the leadingIndian hospitality brands. “I firstenrolled myself in the com-merce stream but it was in thesecond year of college when Idecided that I want to learn moreabout food and cooking. So Iconvinced my father, which wastough, and dropped college tostudy hotel management,” sharesSarkar. A merit holder from theBengal Institute of Technologyand Management, Chef Sumalyais now the executive chef at theGateway Resort Damdama Lakeof Taj group in Gurgaon.

Specialised in Gastronomy,Sarkar says that kitchen attract-ed him a lot. “During my indus-trial training, I remember I wasalways around the kitchen. Isaw how passionately chefscooked food and the amount ofhardwork they put in. I tried tograb as much as I could from see-ing the professionals work,” herecalls.

Over the course of ten years,Sumalya has worked with Taj

Nadesar Palace and The GatewayHotel Ganges Varanasi as SousChef where he played a key rolein successfully launching newmenu with international andIndian dishes. Planning for ahealthy menu for the festive cel-ebrations in the coming monthof December, he feels that insteadof making a trendy menu withfancy dishes he is focusing onactive healthy food. “Since activefood is something people nowprefer at any point of time, wehave emphasised on gluten-freeand low fat dishes more. Insteadof the contemporary dishes we

will incorporate some healthyand fresh taste to celebrate within the coming festivals,” he says.

However, he doesn’t com-pletely boycot the keeping upwith spirit of the festival, Sarkaradds, “We will be holding aseven days festive special buffetin December and other festiveday special menus too. Buteven in that we would like tokeep the healthy food quotienta little high.”

Further discussing aboutthe innovations he has donewhile being a part of the group,Sarkar says that experimenting

with the basic spicies in thelocal cuisines is always a goodoption. The chef has alwaysbeen on the front foot when itcomes to encouraging the localfood.

“We have a concept menu atthe hotel in which we servehome-style local food cooked bythe home makers themselves. Inthis, we try to understand whatthe nearby villages, have tooffer in the food. We invite thehome-makers of the village tocome and share their expertiseof cooking with our chefs,” heexplains.

&��0�������������������.�����������@��%������+��*�����%������������$������ ����&� �����������%����� ������+��#,!<0!��!7A!7 ������+��������������)��$���������*�������������������*�;��%�"&�0!�# "/�?&

"0)1%���20%��� ���#(#/%,%��%,�# �#/������� ,%%1,��+�"#3%�#��#�/%.�#�"�$"%�)%3%)�+'�'�/%,,%�0��"���,�/%0�,(�%#.2����� ���� �%(+��,

B+���- ������ ������� �������5������ �5� ���A5����������������3�� ���������� 5� �������9�

��������3��5?

�"�)%��"%��%,�# �#/�,��/��"%3�!�/����#�%�)�*%�#))��+(��/$�'+�' ,�+/�#/.�()#��/$�0��"')#3+ �,����� ������� �,+/%�()#!%��"#��)�-%,��+�,��!-��+�"%�*#,�!,2�4����D��� ����

.����������� �������,��%������������!���������� �����*������ ������/#7&�� �������%�*����� �%���������;!�A&�! "!&� ������

;�;�����5��#$#�! �,�/%��,�-/+0/�'+����,

%&+��!�1%#�,�#/.�,�1()%�')#3+ �' )��/$�%.�%/�,2��#$#)#/.E,���!"%/�(�%,%/�,�#�,1+-%.�'++.'%,��3#)��(�%(#�%.�*��# �"%/��!��#$#!"%',2��/<+��#�)+��+'�"%�*,�#/.)%#3%,�+'�%&+��!�()#/�,��/��"%.%)�!#!�%,�,%�3%.�. ��/$��"�,�'%,��3#)2��6�:�482����H88�() ,��#&%,

Page 15: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./��01-2�1���=!

����� �������� ��:

Skipper Virat Kohli batted like a manpossessed, slamming an unbeaten151 in company of another centuri-

on Cheteshwar Pujara to steer India to acommendable 317 for four againstEngland on the first day of the secondcricket Test here.

In his 50th Test, Kohli led from thefront by striking a classy 14th hundred andalso added 226 runs for the third wicketwith Pujara (119), who has now reachedthree-figure mark in his last three match-es.

Incidentally, this was Pujara's 10thTest hundred. The duo made the Englishbowlers toil hard on an unresponsive pitchafter Murali Vijay (20) and KL Rahul (0)were dismissed cheaply with the score-board reading 22.

Kohli mixed caution with aggressionduring his undefeated stay at the wicket inwhich he hit 15 boundaries and two sixes.His was a marathon near six-hour stay atthe wicket (five hours and 52 minutes).

He also claimed moral victory over hisold nemesis Jimmy Anderson (3/44), whowas the best English bowler on view.

Anderson did try his variations butKohli remained unruffled for the betterpart of his innings save once when on 56,his mistimed pull shot off Ben Stokes wasdropped by Adil Rasheed at deep fine legboundary.

At the other end, continuing hispurple patch after he was dropped fromthe second Test at St Lucia in West Indies,Pujara hit a strokeful 119 off 204 balls thatwas laced with 12 boundaries and twosixes.

Batting in tandem, Kohli brought uphis century with a cover drive afterPujara reached his milestone with a six.

This time, after scoring his second tonagainst England, he just lifted his bat,acknowledged the crowd and went aboutthe task to grind the visitors down.

The determination and the coming-of-age of Kohli was quite evident. Dittowhen he got to his 150 as he half-raisedhis bat to acknowledge the cheers.

It was a tough day for the Englishbowling attack and quite arduous forAnderson, who is recovering from ashoulder injury.

At stumps, Ravichandran Ashwinwas in company of his skipper andIndia's healthy 3.5 run-rate would also bea cause of concern for the Englishmen.

Kohli's legend at Vizag also reachedenormous proportions today as he struckhis third international century from fourODIs and one Test as his scores before thismatch at the venue were 118, 117, 99, 65(in ODIs).

He also became the sixth Indian toscore a century in his 50th Test.

There were some anxious momentsearlier on when English pacemen attacked

Pujara with a flurry of rising deliveries anda couple of mix-ups with the skipper butthe former had his intention clearin his knock spanning four-hour and 33 minutes.

On 22, he ran forsurvival twiceunable to matchto Kohli's agilityand on oneinstance he wasmidway downthe pitch whenthe fielder hadthe ball in hishands.

But Pujara wasfirm in resolve evenas he gave up his bat at

the centre of the strip and dived into thecrease to survive.

The Englishmen packed his offsidewith eight fielders but still Pujara

dissected the field and foundboundaries and looked

effortless against the spinattack which lookedinnocuous.

Both in 90s, itseemed to be a racebetween Pujara andKohli to get to 100, andthe India No 3, who wasridiculed for his slow

batting in West Indies,proved a point by hitting

Adil Rashid over deep-mid-wicket for a six to notch his

century in style.Pujara has three fifties, three centuries

from five Tests to his name since he wasdropped at St Lucia with score reading 62& 78, 87 & 4, 41 & 101*, 124 & 18 and 129

The duo added 118 without losing anywicket in the most productive second ses-sion as they were scoring close to six runsan over and the only succor forEnglishmen came in the form of a straydog that ran on the field to force an earlytea break under rules of 'exceptional cir-cumstances'.

The closest they came was when Kohlihad a miscue on 56 but Adil Rashiddropped him at long leg, while an LBWcall of Pujara was referred to review butnone went England's way in a frustratingsession for the visitors.

For Kohli, it was another day andanother century as he made his intentionclear early on against the leading English

wickettaker JamesAnderson who had dis-missed the skipper fivetimes from nine Tests,most by any bowler.

An exciting battle on the cards, Kohliwas full of determination and got off themark with an elegant boundary comingforward.

An element of luck also seemed to gowith Kohli who pulled Anderson as it tooka topedge before flying to no-man's landen route to the boundary in space of adelivery.

Electing to bat, India lost for theiropeners, Rahul and Murali Vijay insidefive overs with 22/2 when Pujara andKohli calmed the proceedings dishing outan array of elegant ground strokes.

Making a hurried return after he waspulled in from an ongoing first-classmatch, Rahul got out for duck edgingStuart Broad to Ben Stokes at the thirdslip.

Vijay looked in fine nick and hit fourboundaries en route to reach personalmilestone of 3000 runs but could not fendoff a rising delivery from Anderson thattook off from his gloves and looped toStokes at gully.

Earlier Kohli made an interestingselection when he handed 26-year-old off-spinner Jayant Yadav a surprise Testdebut replacing Amit Mishra who hadbowled a magical five for 18 at this venueto skittle New Zealand for 79 three weeksago.

In the same match, Jayant had madehis ODI debut and today the Haryana off-spinner was handed India's 286th Test capby former India captain Ravi Shastri.

That senior pro Gautam Gambhir wasmaking way for a fit-again KL Rahul wasalready made clear by Kohli as India madetwo changes to their XI.

England were bolstered by the returnof Anderson in place of Chris Woakeswho's down with knee injury.

����� �������� ��:

Cheteshwar Pujara, who isin the form of his life,

says he has not made anychange in his technique butthe intent has surely changedon the advice of head coachAnil Kumble.

The Indian numberthree had drawn flak for hisslow approach during theCaribbean tour but hasbounced back on his return,posting three back-to-backcenturies and three fiftiesfrom five Tests.

"I have not changedmuch as far as technique isconcerned. It's just the intent.The way I started off againstNew Zealand I was justmissing out on 100s. I spoketo Anilbhai and he told me'there's nothing wrong in theway I'm batting. Probablythe area which I can improveis the 'intent' and that's whatI worked on," Pujara said.

Pujara scored 119 andwith Virat Kohli (151 bat-ting) put on 226 for the thirdwicket. "Completing hun-dred with a six was special tome. As I started well in thefirst Test and getting a cen-tury at home was special tome. I just wanted to contin-ue my form and wanted tocapitalise. Myself and Viratwanted to build a partner-ship and it's a crucial one forthe team."

He played his strokesand hit two sixes includingone over midwicket to get tohis 11th Test century whileKohli was seen batting in asedate manner and did nottake hit a single six.

"There was one errorwhere he did not control thepull shot well. The way hewas batting and judging thebounce we felt if we couldcontinue rotating the strikeit would become easy as weboth of us were in control."

Showering praise on theskipper, he said: "He (Virat)likes to play his shots. I

always enjoy batting withhim. He likes to dominate.We just wanted to capitaliseon the situation. I enjoyedbatting with him."

Pujara survived run outscares twice on 22 in first ses-sion but asserted that therewas no "communicationgap". "We just didn't judgethe singles well especially inthe first session. We had achat in the lunch break. Ifyou see in the second sessionthe way we were runningwas much much better. Wehad a chat during lunchtime and things were better."

The key to building apartnership is understandingthe situation and not the bat-ting partner at the other end,Pujara said. "I've played withall of the cricketers rightfrom junior level. I knowmost of the guys really well.It's about understanding thesituation not the partners."

On the assessment of hispitch, Pujara said, "Day 1 isalways good for batting inIndia. I don't know how itwill shape tomorrow. We arelooking to put up a goodtotal. It may turn a bit morefrom day two."

����� �������� ��:

It's just the opening day of the second cricket Testagainst India and England are already looking

worried about the pitch on offer with pace spear-head James Anderson today saying the visitors willhave to bowl and bat out of their skins to dig them-selves out of trouble.

"I'm not sure whether it (pitch) will stay togeth-er as well as Rajkot. There are already signs of thepitch keeping low. There will be more variablebounce, we have seen a few spun, so we are in toughposition. We need to have a good day with the ball

and an extremely good out with the bat (tomor-row)," Anderson said after India had piled up 317for 4, courtesy Virat Kohli's 151 and CheteshwarPujara's 119. "The pitch is quite abrasive. The out-field is lush, there are not many areas to get the ballto reverse," he said.

Kohli and Pujara had put on a 226 runs for thethird wicket to bring India out of the trouble afterthe hosts were reduced to 22 for 2 inside five overs.

"I thought the wicket was tough to bowl on.The outfield was heavy and there wil be some sorelegs tomorrow. The two guys (Kohli and Pujara)went about their business and showed they are

world class players. They made it very difficult tobowl at them," Anderson said.

"We thought the way the new ball played in themorning it was the easiest time to bat as the balldidn't swing that much."

Anderson (3/44) was the pick of the lot forEnglish bowlers and gave crucial breakthroughs inthe form of Pujara and later dismissed AjinkyaRahane with the second new ball.

The English pacer hoped that they can utilisethe early morning conditions tomorrow and bun-dle out India early. "We didn't get much out of thepitch this morning and we went quickly to short

balls against the openers. But it swung more in theevening. The conditions were different with thefloodlights on and sun going down. Hopefully wecan pick up more wickets in the morning with thenew ball," Anderson said.

Anderson made a comeback after recoveringfrom a shoulder injury that had kept him out sinceAugust. "It was great to be back. I have spent thelast two months working really hard to get backinto the side. It's been frustrating at times but it'sbeen worth it. Getting back out there with the ladswas a great feeling in itself but to get a few wick-ets on the board made it even better," he said.

����� ��������

Veteran batsman GautamGambhir is all set to be

released by the Indian teammanagement as the selectioncommittee of DDCA hasnamed him in the 16-memberDelhi squad for the RanjiTrophy match againstRajasthan.

Ishant Sharma, who is alsonot in the playing XI, has beennamed as the 16th member butthe selection committee is stillnot sure whether he would bereleased as the fast bowlers arenormally kept for bowling atthe nets.

The match, beginningNovember 21 at Wayanad inKerala will feature ShikharDhawan, who is making acomeback after recoveringfrom a thumb injury.

"The selectors have spokento Gautam and he hasexpressed his interest in play-ing the next round encounteras he will be getting valuablematch time. That's the reasonwe have named Gautam in thesquad. In case, we don't gethim, we have kept HimmatSingh as cover," a member ofthe selection panel told PTI.

The meeting was attended

by selectors Nikhil Chopra,Atul Wassan, Robin SinghJunior along with coach KPBhaskar, Chand and Co-Convenor Siddharth SahibSingh.

Squad: Gautam Gambhir,Unmukt Chand, ShikharDhawan, Dhruv Shorey,Milind Kumar, Nitish Rana,Rishabh Pant, Manan Sharma,Pradeep Sangwan, NavdeepSaini, Sumit Narwal, VikasTokas, Sarthak Ranjan, PulkitNarang, Varun Sood, IshantSharma. Stand By: HimmatSingh.

����� C�@����5����6

Olympic silver-medallist P V Sindhuand male singles shuttler Ajay

Jayaram advanced to the quarterfinalsafter registering thrilling three-gamewins over their respective opponentsin the second round of the $700,000China Super Series Premier, here onThursday.

Seventh seededSindhu survived ascare from USA'sBeiwen Zhangbefore notchingup a 18-21, 22-20,21-17 victory in awomen's singlesmatch that lastedan hour here. TheIndian will next takeon China's He Bingjiao,against whom she had lostin the second round of theFrench Open last month.

Jayaram too had to work hard tosurpass Wei Nan as he notched up a 20-22, 21-19, 21-12 win over the HongKong shuttler in a 56-minute clash.

The three-time Dutch Openchampion, Jayaram will face reigningOlympic champion and two-timeWorld champion and All Englandchampion Chen Long of China in thenext round.

However, it was curtains for HS Prannoy after he suffered a 17-21 19-21 loss to Qiao Binof China in another men's

singles match.B Sai Praneeth had

lost his opening roundmatch 16-21 9-21 against

Marc Zwiebler ofGermany on Wednesday.

Sindhu blew away a11-7 lead at the break to

allow Zhang comebackand level the scores at 13-

13. The American soonmoved to a 15-13 and 18-15 lead beforereeling off the last three points in topocket the first game. In the secondgame, Sindhu once again zoomed to a8-0 lead but once again she squanderedthe advantage as Zhang clawed back tofirst level the scores at 16-16. She soonlead 19-17 but the Indian ensured therewas no hiccup this time as she roaredback into the contest.

In the decider, Sindhu held a slen-der 8-6 lead and then broke off at 9-9to never look back.

It was a tough battle for suprema-cy as Jayaram's gallant fight in theopening game ended with a narrow lossafter he and Wei moved neck and neckfrom 11-11 to 20-20. In the secondgame, Jayaram erased a 2-6 deficit todrew parity at 9-9. He moved ahead at14-11 and despite a challenge fromWei, managed to bounce back into thecontest after five straight points.

In the decider, Jayaram managedto keep himself at a distance from Weiafter opening up a small 7-3 lead. Hekept increasing the lead and even-tually sealed the issue comfortably.

�+�$���� �� �

Australia Test batsman AdamVoges has suffered a concus-

sion after being struck on thehead by a bouncer today during aSheffield Shield first-class matchbetween Western Australia andTasmania.

Voges was helped from thefield by medical staff after being hiton the back of the head by a deliv-ery from Tasmania fast bowlerCam Stevenson.

The 37-year-old fell to hisknees as players rushed to hisassistance.

It is the second concussionVoges has suffered this year.

He was struck on the head bya fielder's throw while playing forthe English county Middlesex inMay.

Voges will take no further partin the current four-day match andit is not clear whether he will beavailable for Australia's third Testagainst South Africa.

����$�--�������%�$���--������2� Trevor Hohns was onThursday appointed Australia'sinterim chairman of selectors afterRod Marsh quit, with GregChappell drafted in to help rescuea national team in crisis.

The experienced Hohns, who

previously served as chief selectorduring a hugely successful periodfor Australia, currently sits on thefour-man selection panel withMark Waugh, coach DarrenLehmann, and now Chappell.

Cricket Australia chairmanDavid Peever said Hohns hadagreed to step up to ensure conti-nuity while the search for a full-time replacement was carried out.

"It is vital that Australian crick-et finds the best candidate for thisrole," said Peever.

"Trevor is highly experiencedas a selector, and will ensure weplace our best players on the fieldthis summer while we seek a per-manent replacement for Rod."

"��" %��%,"� �%#".."���+")�?,� /*%#�%/��9���� <#�#?,��+/�"%)(��%#1��%#!"���JNI�#$#�/,���/$)#/.�#��%/.�+'��#���

1 ������������������������������� �& @��

�998��/��/.<�!�8��!��.9<<4�!�897�/�

" ���%71 ! 6� �A�7�%����%E<+F��%".�

*+6"+�*&�"+*

*� �(2���� 7)�2��)7.(2�����2��K+�)

*���� ��4�0���������IJ� ,�6�1%��0%�%��2 ���:12����1%�� �211��

����98 �� �� �

���������C�:� ��C�� �4D�� ����������D��I �����������������������HHB����C�� ��� ��

���� �� �������5���6

Page 16: ˘ˇ $ %& ’ !%() *+ #˝$%˛˚˜˜˚&’%˚˝%()*+%,, &- Mondi in the Rajya Sabha and ... Advisory Council (TAC) on the issue. ... Opposition would disrupt pro-ceeding of the Assembly

&$!����)��&��$* )�!�+�,#�&�-./��01-2�1���=/

����� ����� �

Canadian striker IainHume proved his worthonce again as he scored

a 90th-minute goal to helpAtletico de Kolkata holdNorthEast United FC to a 1-1draw in a Hero Indian SuperLeague (ISL) match, here onThursday.

ATK will be happy withthe point which keeps them inthe top four with 14 pointsfrom 10 matches. NorthEastUnited spent three weeks atthe top after winning twomatches in a row at the startbut started at the bottom priorto this game.

The point helped themtake their points tally to 11, thesame as FC Goa, but Zico'steam will be placed at the bot-tom because of their inferiorgoal difference.

NorthEast appeared likethey had done enough to sealall points after Nicolas Velezcapitalised on a defensive lapsein the fifth minute to give histeam the lead but Hume struckin the last minute to give histeam a precious point.

Velez gave NorthEastUnited a dream start afterscoring in the fifth minute.The Argentinean striker couldnot believe his luck afterHenrique Sereno, under pres-sure from Emiliano Alfaro,played a suicidal ball across forArnab Mondal, which Velezintercepted on top of the box,rounded off goalkeeper DebjitMajumder and slotted it insidean empty goal. Atletico deKolkata's attack was foundwanting in the first session andthey could not do much totrouble the rival defence.Helder Postiga's shot in the28th minute which missedthe target narrowly was theirbest attempt and Sereno couldhave done better to beat Paulin the 35th minute with hisheader from Javi Lara's free-kick.

The second session sawAtletico de Kolkata press hardfor the equaliser. A direct cor-ner-kick from Lara almostgifted them the goal but as theball evaded goalkeeper Pauland sailed towards goal defend-er Robin Gurung was on theline to head the ball away.

NorthEast United shouldhave killed the game beforeATK fought back. In the 72ndminute, Katsumi Yusa's crossfrom the right found Alfarowith plenty of time and spaceto head home but he onlyended up picking the goal-keeper. Again in the 82ndminute, Alfaro had anotherchance from close range but

again his header went straightto the keeper at the other end.

Those clear chances cameback to haunt NorthEastUnited as ATK got the equalis-er in the 90th minute. Lara'sfree-kick from the right foundPostiga inside the box whoheaded it towards the far postwhere Hume stabbed it inmuch to the delight of homecrowd.

����&�$�-�����-����2�Placed at the bottom halfof the points table, FC PuneCity would look to get the bet-ter of toppers Delhi Dynamosto keep their semifinals hopes

alive when the two sides take oneach other in an Indian SuperLeague football match here onFriday.

Pune are placed sixth with12 points from 10 matches andwill need full points against theleague leaders on Friday to stayalive. Delhi are comfortablyplaced with 17 points from 10matches.

Under-pressure Pune headcoach Antonio Habas saidexcept for Delhi, no team cantake their qualification to thesemi-finals for granted. "Weare on the hunt for a win. Thisleague is very tough and allteams are in a similar situation.We are ready to grab these three

points," said Habas.Pune were flying high after

victories over Atletico deKolkata and Mumbai City FCbut they were grounded byChennaiyin FC who scripted acomfortable 2-0 victory in theirlast clash. Habas admitted los-ing all points was a setback butall is still not lost for his team."All teams, except Delhi, areclose (to each other on thetable). The teams who play bet-ter and score goals will be theones who make less mistakes. Ifyou look at the points table, it'sall about plus or minus twopoints difference. Now it's allabout minimising mistakes,"said the Spanish coach.

�0.����&���������/�������CHRISTCHURCH: "%�+(%/�/$�.#��+'��"%�'��,�� %,��*%�0%%/��%0@%#)#/.�#/.��#-�,�#/�0#,�0#,"%.�+ ��"%�%�+/� " �,.#�2��)#��0#,#*#/.+/%.�< ,��#'�%���"%�,!"%. )%.��%#�#.<+ �/1%/��0��"�/+�,�$/�+'�"%�,0%%(�/$�,"+0%�,�%#,�/$2��+0%3%���'�/%�0%#�"%���,�'+�%!#,��'+��"%��%1#�/�/$�'+ ��.#�,�#/.��"%� 1(��%,�#�%�"+(%' )�+'�1#-�/$� (1 !"�+'��"%�)+,����1%2��)#��+/�C��.#��0�))�*%$�/��8�1�/ �%,�%#�)��#��82�8#1�5H��8��: � " �,.#�62��#-�,�#/�#�%�+/�#�"�$"�!+1�/$��/�+�"%� %,��#'�%��!� ,"�/$��"%��%,��/.�%,��0"�)%��%0�@%#)#/.�#�%"+(�/$�'+���1(�+3%1%/��#'�%��#�.�,#,��+ ,��+ ��+'�/.�#2

������@��&�+����$���$� �$�NEW DELHI: "%�+/)�/%���!-%��,#)%,�'+��/.�#/�*+&�/$�,�#����<%/.%���/$"E,��4���,�#��#!�'�!�� (%��:�..)%0%�$"�����)%�.%'%/!%�L�E��$"�+'��"%��"#1(�+/,E�+/��%!%1*%���J�L�*%$#/�+/� " �,.#�2� "%��!-%�,�#�%�#3#�)#*)%�+/�00024++-1�,"+02�+12� �!-%�,�'+��$%/%�#),�#/.,�#�%�(��!%.�#����888����%1� 1���#/.�'+����988�������#/.�H888���+).��/$,�.%���!-%�,�'+����8�888�#/.��)#��/ 1��/$,�.%�'+���98882� "%�%�0�))�*%�#/�%#�)��*��.�.�,!+ /��+'��8�(%��!%/����))�+3%1*%���82���+ /.�9888���!-%�,�#�%� (�'+��,#)%�'+���"%�%3%/�2�/.%'%#�%.���<%/.%��0�))�.%'%/.�"�,����)%�#$#�/,��'+�1%��0+�).!"#1(�+/�#/.�! ��%/��/�%�!+/��/%/�#)�!"#1(�+/�C�#/!�,��"%-#2��<%/.%��"#.�0+/�"�,����)%�.%'%#��/$�� ,��#)�#/�*+&%���%�����+(%�+/� )���B2

���������&�$������NEW DELHI: "%�/.�#/���A�0+1%/E,��%#1�)+,���+��+ �"��+�%#��#��"%�H��.�C4���,�#���A��"#1(�+/,"�(�'+���+1%/��/�4#/$-+-� "#�)#/.2� "%�,�.%��,�/+0�8�I�#/.�'#!%,��#(#/�+/�C��.#���/���,�'�/#)��+ (���1#�!"2�/.�#�,�#��%.�+''�,��+/$��,!+��/$��H�(+�/�,��/��"%�'��,�7 #��%��#$#�/,���+�%#E,���2�4 ���"%��%1#�/�/$��"�%%�(%��+.,�0%�%.+1�/#�%.�*���"%��#,���,�#/�(+0%�"+ ,%�0"+�,%#)%.��"%�%#,��B��HJ0�/2�D%��#$#�/�'+��/.�#��!%/��%���11���%+�$%�0#,���,�1+,��%''�!�%/�()#�%���,/#$$�/$����%*+ /.,��+�$+�#)+/$�0��"�"%��I�(+�/�,��H�#,,�,�,#/.�#�*)+!-2�/.�#��,�/+0�+ ��+'�!+/�%/��+/�+'��"%�1%.#)��+ /.,2��'�%���,�)#,��)%#$ %�1#�!"�3,��#(#/�+/�C��.#����"%�,�.%�0�))�!+1(%�%��/�#7 #)�'��/$�1#�!"�0��"��"%��+(��%#1�'�+1�)+0%���%3%)��50�//%��+'/.+/%,�#�3,�:#)#�,�#6���/�#�*�.��+�,�#��+/��/� ((%���%3%)����/��"%�/%&�%.���+/�+'��"�,�!"#1(�+/,"�(2

������/�������-NEW DELHI: "%�J�"��,"#������#.�%,��(%/��1#�% ���+)'�"#1(�+/,"�(�H8�B�!+/!) .%.�+/� " �,.#��#���%)"���+)'��) *�0��"��-,"#��#$#��,!+��/$�#�'�/%�(#��JH��+ /.��+�!)#�1��"%��#�%$+����"+/+ �,2� "�,��%#�E,��+ �/#1%/��0��/%,,%.��"%�(#���!�(#��+/�+'��89/.�#/�#1#�% ��$+)'%�,2���#��/$�#"%#.�+'��"%�(#!-����-,"#���"%�=%�+�"#/.�!#(�$+)'%���0+/��"%���I�#/.� /.%��"#/.�!#(�%3%/��0��"�#��"�%%��+ /.��+�#)�+'�HHH2���'#���#$++�,!+�%.�#�JI��+��+�#)�HHB�0"�)%��/�-#�%�1#�!#�.%.�#�J���+�#$$�%$#�%�H����#/.�'�/�,"��"��.2�

singles

���� ������

Novak Djokovic won histhird straight match at the

ATP finals on Thursday, fin-ishing group play undefeatedfor the fourth time in the pastfive years.

The second-ranked Serb,who still has a chance to finishthe season as the No. 1-rankedplayer, beat David Goffin 6-1,6-2 at the O2 Arena.

Goffin was making hisdebut at the season-endingtournament, filling in for theinjured Gael Monfils againstDjokovic.

The 11th-ranked Belgiandidn't get much chance, earn-ing only one break point — andthat in the final game of thematch. Djokovic, meanwhile,converted four of his six breakpoints, two in each set.

Djokovic had already qual-ified for the semifinals afterwinning his opening twomatches. The second semifinalspot from the group will bedecided later Thursday when

Milos Raonic faces DominicThiem. The winner willadvance. Djokovic is a five-timechampion at the tournament,which is for the top-eight play-ers in the world. He has won 21of his last 22 matches at the O2since 2012, including fourstraight titles.

He also won the title in2008, when the tournamentwas in Shanghai, so another vic-tory on Sunday will give him a

record-tying six championships— the same as Roger Federer.

Djokovic opened thematch with two double-faults,but he didn't do much wrongafter that. He ended up win-ning 83 percent of the points onhis first serve, even with fourdouble-faults in the first set.

������/���Andy Murray and Kei

Nishikori tend to linger when

they get together. Their latestmatchup set a record.

Murray survived thelongest three-set match in ATPFinals history when he pre-vailed against Nishikori 6-7 (9),6-4, 6-4 on Wednesday.

They needed 3 hours, 20minutes, to separate them-selves. The first set alone took85 minutes.

Murray, 2-0 in his group,can clinch a semifinal berth forthe first time in four years witha win over U.S. Open champi-on Stan Wawrinka on Friday.

Wawrinka eliminatedMarin Cilic from contention 7-6 (3), 7-6 (3) in an almost two-hour-long late match. Losing toNo 5-ranked Nishikori wouldhave hurt Murray's chances ofholding off Novak Djokovic tokeep the No 1 ranking.

Murray relieved Djokovicof the top ranking last week,and Murray believed it wouldbe a fitting end to the year toplay the Serb for the rankingand ATP Finals title on Sundayin the final.

����� ��������

Elite runner Eliud Kipchogesaid his target for Sunday's

Airtel Delhi Half Marathon isto achieve their personal best.

The Rio olympic marathongold medalist Eliud, whoclocked his personal best(59:25 seconds) in his debuthalf marathon at Lille, willhave tough competition onSunday from his compatriotAugustine Choge whose besttiming is 63:24, and YigremDemelash whose best timing is59:49.

Arguably the fastestamong the long distance run-ners, Kenya's Eluid Kipchogewas confident of his prepara-tions for ADHM and targets tofinish the race in under 60minutes.

"Through Delhi halfmarathon I hope to inspiremillions and ignite in them apassion for distance running.I believe preparation and plan-ning is key to delivering a greatperformance during race," hesaid.

"The course here is reallyflat and it will help in main-taining good speed and pro-ducing a good time. I want to

go below 59 minutes and try tobeat my best time," he said.

When asked about thechanges which came into hislife after wining many medalsand Rio Olympic earlier thisyear, he said, "The statuschanged but still the sameEliud. I am thankful to mycoach Patrick Sang and am stilllearning and have a long wayto go."

Along with the vastlyexperienced Eliud, AugustineChoge will also be running in

this year's ADHM for the veryfirst time. He has thankedEliud for being a great mentorand a motivator. Both of themwill be competing against eachother but the friendship will beintact both off track and ontrack.

Patrick Sang, the formerathlete is back in India after 29years, but this time he will becoaching Eliud to win his firsttitle in the capital city of India.He takes pride on Eliud's con-sistency and performance and

feels teaching athletes dependson the percentage of calibrethey have in running.

Kipchoge, who has a per-sonal best time of 59.25 min-utes in half marathon, will leada strong men's elite field atDelhi Half Marathon onSunday. Other top runnersinclude Yigrem Demelash(59.49) of Ethiopia, GladwinMzazi (61.12) and risingTanzanian runner AlphonceSambu (62.58) who was placedfifth at Rio Olympics marathonrace.

To add grace to ADHM,Peres Jepchirchir, the reigningWorld Champion halfmarathon will also make herdebut.

ADHM will also see thepresence of Helah Kiprop, whois prepared and will deliver thebest to improve her results.Kipchoge and the rest of theelite runners will be chasingmen's and women's first prizesof $27,000, with a total prizefund of $270,000.

Kipchoge had been toIndia earlier as he had won asilver in 5000m race in 2010Delhi Commonwealth Games.He started running marathonraces in 2012.

87<2�:"261*�(27�,?*�826"+*�#/#.�#/�,���-%�?,�)#,��$#,(�$+#)�%#�/,��+)-#�#�#�(+�/���/�!� !�#)����!)#,"

A���������%�����������������!8?,

)��"���������$� ���� �%����,����

����� ����� ����,��*����������$�7����&���,����%��,���������/,���� �12

$+)�������� 11���������1�����������1�����3��������1��5�����= �1����

��3�=�3 �����


XILOGRAFIA: DUE MONDI - Incisori Contemporanei

Mondi Group presentation May 2017

Mondi 2020 Agency Agreement · A41127350 1 This Agency Agreement is made as of 26 March 2020 between: (1) MONDI FINANCE PLC and MONDI FINANCE EUROPE GMBH (each, an “Issuer” and

ANAIS PRO CEEDING S - ainfo.cnptia.embrapa.brainfo.cnptia.embrapa.br/digital/bitstream/item/64953/1/Doc89-p307.pdf · PRO CEEDING S o L Seminário ... indica o álcool etílico como

Rajya Sabha Debate

Mondi Group Financials - JSE · In terms of the dual listed company (DLC) structure, referred to as the Mondi Group, incorporating Mondi ... Anne Quinn Senior independent non-executive

NINTHSUPPLEMENTAL TRUST DEED - Mondi Group

Rajya SabhaAPHRDI/ID...Rajya Sabha • The Rajya Sabha or Council of States is the upper house of the Parliament of India. • Rajya Sabha has played a constructive and effective role

RAJYA SABHA Budget Session 251st Session of Rajya Sabha

Mondi plc - JSE · Mondi plc 3 Special resolution number 1 15. That the remuneration of the non-executive directors be approved, in terms of the Mondi Limited Memorandum of Incorporation

Final Rajya Lakshmi Project

Together we are… - Mondi Group

Clearwire M100 Mondi UG

RAJYA SABHA Parliamentary Bulletin

Mondi Virtuali

Mondi Group presentation August 2017

PRESENTED TO THE RAJYA SABHA ON THE 16 th RAJYA … Board/SCR Wakf Amendment Bill 2010.pdfPRESENTED TO THE RAJYA SABHA ON THE 16 th December, 2011 RAJYA SABHA SECRETARIAT NEW DELHI

TEMPLATE SHE Plan - Mondi Group

The Rajya Sabha

1 rajya sewaye api

Interim Mondi Group - Half-Yearly Results Announcement 2019 · Title: Interim Mondi Group - Half-Yearly Results Announcement 2019 Created Date: 20190731163300Z

Mondi Zimele. Page 1 Page 2 Mondi Zimele Overview Mondi Zimele adds value through making available equity, loans and business development support to empowered

Quando i mondi entrano in collisione

QM08 052576 QM08 EN - Mondi...2018/09/14  · 525291 Mondi Akrosil, LLC 7201 108th Street Pleasant Prairie, 53158 United States of America 229895 Mondi Jackson Inc. 14591 State Highway

Rajya Sabha

MONDI Europe & International · Sack Kraft Paper Speciality Kraft Paper ... E-transactions o Purchase order ... Mondi Europe & International

History of Rajya Sabha

Containerboard - Mondi

MONDI SEAT R/BAY final · 2016-11-24 · Mondi Business Paper employs dedicated social manage-ment and corporate social responsibility staff. Within Mondi, social management relates

Hindu Rajya Tantra 1

Updated on 06.11.2019 INDIAN PARLIAMENTARY GROUP (Rajya ...164.100.24.241/IPGAdmin/Documents/Members/Rajya Sabha.pdf · Updated on 06.11.2019 INDIAN PARLIAMENTARY GROUP (Rajya Sabha)

RAJYA SABHA RAJYA SABHA SECRETARIAT NEW DELHI

RAJYA SABHA SECRETARIAT RAJYA SABHA TELEVISION 3rd …

Mondi Extrusion Coating Barrier Materials

The Proposed Mondi Mill Expansion (Upgrades)rhdhv.co.za/media/201210/Mondi Mill Upgrade/1 - Mondi Mill Upgrad… · DRAFT BASIC ASSESSMENT REPORT FOR THE PROPOSED MONDI MILL EXPANSION