Sunday, September 29, 2013

{World_Heart_day,Nuke_deal,PoS,Aeroshow,Kenya,Right2reject,IAS_suspension}

Dear all,
Welcome. Day before yesterday was World Tourism day. Also, today is World Heart day.

Heart day: Around 70% of women's death in urban areas is caused due to heart diseases especially due to their diagnosing lately. Many lives get lost due to smoking. Speaking on World Heart day, Asian Heart Institute, Mumbai's Vice President stated that it is better to refrain from tobacco consumption. The theme of World Heart day is "Prevention of Heart related diseases in Women & childrens".  The said doctor had come into light after successful operation during the year 2009. He stated that smoking in urban women folks could have dangerous effect. Bombay Hospital heart specialist had stated that fast life & fast food culture had increased heart diseases. Diet should be taken care of. Every year lakhs of people die due to heart attack & heart related diseases.
ICMR research paper suggests that during the decade of 90s, every year 22.6 lakh people died due to heart diseases. By the year 2020, it had reached 47.7 lakhs. As per UNICEF report, every year 260,000 childrens are affected with heart diseases out of which only 10% get cured. A 45 minute exercise daily could help prevent such heart diseases.

Civil nuclear deal 1-2-3 : After five years of historical civil nuclear deal, first commercial tie-up had been done amidst India & US. The initial commercial agreement had been signed by Nuclear Power Corp. of India Ltd. and Westinghouse Electric co. The AP-1000 reactor technique would be utilitized in Gujarat & AP for setting up of Nuclear Electricity plants. This would have six AP-1000 reactors installed at Gujarat's Chaya-MithiVirdi nuclear power project worth 1400 crore dollars.
During the said agreement, Obama had stated that enough progress had been made on civil nuclear issue. Now, it had been turned into a reality. A fact report by White house stated that US would continue to support India on license membership. Also, agreement for information sharing amidst Nuclear Regulatory Commission (NRC) & AERB on nuclear security matters is being considered.

Syria: United Nation's Security Council had accepted proposal regarding destruction of Syrian chemical weapons. The proposal includes warning that if Syria doesn't follow the proposal, strict action would be taken against it. After one month of diplomatic efforts, the 15 member UNSC had voted on Saturday on it. The proposal is based upon agreement amidst US & Russia. It is to note that on August 21 at Damascus suburban region, around 1500 people died due to chemical attack. UN investigation team had also confirmed about usage of chemical weapons.

PoS security is the Bank's responsibility. Central Bank,RBI, had denied any further extension in regard to implementation of Security standards. If any fraud is done to the customers using credit or debit card, it would have to be compensated by the Banks. A notification had been issued in this regard to
implement the same by Sept.30, 2013. The notification states that if any fraud happens at PoS, it would be complained to card issuing bank.
The Bank would have to take action within a period of three days. It would have to ensure that proper security standards are met at PoS. The Bank would have to pay disputed amount within a period of seven working days. A fine of one hundred rupees would be payable beyond it.

Aeroshow: The Seoul Aeroshow would have Aakash & Prahaar missiles exhibited during it. It would commence from October 29. As per Air Defence program Director, the missiles would be having range of 125-150 kms with Aakash strike range upto 30 kms. Prahaar would be inducted by 2015 in the Defence forces. These missiles were developed after Prithvi-1 expiry period.

Kenya: Ignoring the terrorist outfit, Al shabab's threat, Kenya had refused to call back it's Army from Somalia.. After the capital Nairobi's Westgate Mall incident, Al-Shabab's mastermind, Abu Zuber alias Goden, had threatened that if Army is not removed from Somalia, some such attacks would follow. It is to note that around 67 people had died in the said attack.
With regards,

M.K.Pachraiya
Original_app_mssg(1) Right to Reject
Supreme Court had given verdict on a PIL filed by PUCL, which had been pending since past nine years. The verdict was kept safe during past hearing on August 29. A separate button would be provided in the existing voting machine which would have option as none of the above. The Election Commission had supported the petition whereas the govt. had opposed it. If the voter doesn't like any of the contestant, he could opt for it. The matter would be reported to the Election Officer for filing in a separate register. But it doesn't remain secret. With a button in the machine, it would be kept secret.
Whereas JD(U) had supported it, BJP would be studying it and react later. Constitution specialist had stated that there is no legal objection.

Original_app_mssg(2) IAS suspension
The IAS officer who was suspended by SP govt. in UP had drawn widespread criticism. The Centre  had asked for all State govt. to use it as last option. Normally 45 days time is granted to them to keep their statement. As per Handbook, it should be considered whether by transfer the purpose could be served or not. The Service rules are amended upon recommendations of Hota committee made during 2010. In handbook, the new rules are not added but are made easier giving justification. It is to note that after IAS suspension, IAS & IPS associations had demanded changes in suspension rules.

Sunday, September 22, 2013

{Modi,JP&Social_media}

Dear all,
Welcome.
Modi brand: Gujarat CM, Modi, had addressed NRI/PIOs of Florida, USA through video-conferencing today early morning as BJP's PM candidate. Citing Kenya's Saturday attack, he stated that he hoped that govt. would take steps to curb terrorism. He also expressed condolence towards succumbed victims including Non-resident Indians. He stated that Indians had been residing there since the time of Gandhi's and expressed concern towards terrorism. He appealed for unity to curb it. Gujarat CM, Modi, had stated that terrorism doesn't have any religion or caste. It is only meant for blood shedding. He praised about NDA govt's tenure and also criticized UPA's govt. During the NDA govt, Indian along with the world had made progress. But after UPA govt. came into existence, progress got hindered. He termed it as failed govt. on all fronts from security to employment, price hike etc. He called on for all to move ahead. In his lecture, he also mentioned about Advani and told BJP as common man's party. He stated that common man has hopes from BJP, which is responsibility of party. Modi had criticized Central govt. statements about poverty and poor people. Ramdev: After Baba Ramdev being interrogated at Heathrow airport, he got any stating that despite writing letter to foreign minister, Central govt. had not helped. Even a red alert notice is issued against his name, which is normally done for terrorist and criminals. He told Indian govt. to be behind it suspecting it to be villain. It is to note that he had been to Britain for organising Yoga camps by Patanjali Yoga peeth trust and discussions.
JP: The JP leader, who had filed a petition seeking stricter action against juvenile in Delhi's gangrape case, had stated that Bank's deposits or share investment could be kept out of Income tax. It would only impose burden of two lakh crore INR. Mere Coal block allocation at market price could fetch 12 lakh crore INR. He told that domestic saving should be promoted. He had cited rupee value downfall stating that during Vajpayee's tenure rupee value fell by four rupees but during PM's tenure, it fell by 23 rupees.
Social media : The Modi's effect is quite apparent amongst youths and middle class, which had caused Congress Managers to change their strategy. Whether it is Modi's peculiar oratorial skills or results of Modi's team efforts in social media since long time. Around 2.5 crore youths would be voting afresh for which Congress is also preparing for election campaign. In this direction, initially Modi's claim would be postmortemed along with his dreams by Congress social media. Also, in Congress survey it is found that he had emerged as powerful leader. Therefore, Congress managers believe that Rahul Gandhi would have to be shown as poor's hope. From Food security upto land acquisition bill, Rahul Gandhi had been presented likewise. Actually, Congress is focussing upon poor man, common people and farmers but during past general elections, city had been equal partner to it's victory as villages. In villages, it was giving credit to MNREGA and farmers loan made free scheme. Also, youth voters getting attracted to Modi would cause damage to Congress votes. Therefore, cyber teams and spokesman are increased with around 90 youth leaders being selected for three day training. Later, additional ten spokesman were added thereby making them to forty six in total. Modi is stated to have worked upon social media. Therefore, Congress would also have such campaigns run against Modi. It is learnt that Rahul's working plan of rallies would be highlighted upon since next month's initial week itself in the social media. The party strategist state that Modi's tantrum was only uptil two months but now it is going downwards. His fake claims & promises would be bent down besides terming him as "Feku".
With regards,

M.K.Pachraiya

Friday, September 20, 2013

{Pak,Railways,Judicial_commn,Govt.reduction&Monetary_policy}

Dear all,
Welcome.
Pakistan: Pakistan's Marine security agency had arrested 58 fishermen folks who had entered into Pak's territorial waters. It is to note that recently 337 fishermen folks had been released from Pak's prison. The Security agency had confirmed that Indian fishermen had been arrested and nine boats had been seized. MSA commander had stated taht security personnel had arrested 58 fishermen folks. He stated that they had crossed regional borders and entered into Pak's region for catching fishes. Despite warnings, they had continued to be there.
 
Railways: The Iron Ore transportation non-tax paying Steel companies would be targeted by Railways. The Railway Board had issued notices to 17 companies including Essar Steel, Rashmi Metallics etc. However, Railway is not agreeing upon CAG estimate of loss of 17,000 crore worth revenue. As per Railways, it is around 2,000 crores INR including four years tax & penalty.
The CAG's interim report stated that Iron ore mining and exporting cos. had caused a loss of 17,000 crores INR during the period from 2008-09 upto 2011-12. These companies had not paid the goods tariff. They had paid for domestic rates rather than exporting rates. As per Railway Officials, the matter was brought to the notice by the Railways itself and complained to CVC.
During past four years, these cos. had caused damage of 300 crores INR which is around 2000 crores after fine imposed. The Rail ministry had, in 2008, implemented goods tariff policy for pellets. The export rate for pellets is four times more than domestic one.
Later, Essar Steels had agreed to pay 89 crores as penalty. But Rashmi Metallics had gone to the Court for alleged damage of 132 crores INR. A total of 660 crores INR is liability along with 528 crores INR as penalty. Many other cos. had gone to the Court.
Judicial Commission: Law minister had presented an amendment bill in which political executive would have an role in appointment of Judges. Also, a bill regarding appointment of Judges is presented and sent to Committee. In a Supreme Court's decision during 1993, it had stressed upon making it more transparent. Citing anomalies in Collegium system presently adopted, Parliamentary committees have opposed it besides National Commission headed by CJI to review the working of the Constitution.
The Commission had presented it's report during 2002. In the report, Supreme Court's proposed collegium system was opined as giving seniority to other's viewpoint. It includes President too. The Commission had stated that as per Art. 124, Judges appointing powers is reserved with President. He uses it after taking advise of CJI. In S.P.Gupta case, Supreme Court had stated that as per Art. 217, Judges recruitment process had three parties standing on same foot. Whereas Second Judges case had reverting of decision by Supreme Court. In it, Supreme Court had stated that CJI should consult two senior Judges and the decision should be of the group. In any case, decision of the President would be final.
As per proposed bill, Judicial appointment Commission would be headed by Chief Justice of India. It would have two senior Judges besides Law minister and two other chief members. The Secretary, law ministry would be it's co-ordinator.
However, the proposal brought up by Congress needs attention as it had been reluctant to autonomy of the institutions. During the decade of 70s, it had attacked Judicial system. During April 1973, it had ignored Senior Judges and again in January 1977, it had sidelined seniority. It had brought 42nd amendment. Since 1980s, it reverted back to traditional approach. It is alleged of appointing CVC, Election Commissioner without considering eligibility. Also, 2G & Coal block allocation scam revelation had been hit. CBI is stated to have been misused in Bofors case too. After twenty five years of checking, it had no outcome.
The Judges appointment process would have secretary as coordinator and as he is responsible for putting up proposals, it would not be appropriate to give him the said responsibility. It is oft happening that bureaucrats work under political pressure. This appears to be a weak link.
Govt. reduction: To curb fiscal deficit, Fin.ministry had issued new list of measures to curtail it. The Fin. minister had kept target of fiscal deficit to be within 4.8% of GDP. But the rupee value fall out had increased subsidy. Seeking it, a 10% reduction is planned in all ministries expenses. Some of the measures are;
1. Economy class domestic air travel.
2. No assistance to colleagues during travel.
3. The Five Star Hotel conference and meetings are withheld.
4. All new recruitments and new vehicle purchase are restricted.
5. The foreign delegation to be kept short.
6. The foreign tours to be limited by dept. secretary.
7. Reduction in study tours, workshops, conference, seminar, and paper presentation. 
With regards,

M.K.Pachraiya
Original_app_mssg(1) Monetary policy
RBI had in it's monetary policy meeting increased the Repo rate. As per Governor, the steps taken would be taken back slowly. The liquidity problem had to be corrected and viewing the dearness, it was important to increase repo rate. But it is difficult to ascertain whether repo rate would be increased or not?
A quarterly mid term review of monetary policy:
1. Repo rate increased by 0.25% to 7.50%.
2. Reverse Repo rate is 6.5%.
3. CRR is stable at 4%.
4. CRR daily lmit is reduced to 95% from 99%.
5. MSF rate is reduced by 0.75% to 9.50%.
6. Bank Rate is 9.5%
WPI based Inflation would be more than estimated.
Original_app_mssg(2) GST
Rural Development Minister Jairam Ramesh on Friday accused Gujarat Chief Minister Narendra Modi of "single handedly" derailing the ambitious tax reform - GST - a brain child of the BJP-led NDA government, and championed by his Bihar party colleague Sushil Modi.
"The man who is the most powerful proponent of Goods and Services Tax (GST) today is Sushil Modi. But the most powerful opponent of GST is Narendra Modi.

New Delhi: Rural Development Minister Jairam Ramesh on Friday accused Gujarat Chief Minister Narendra Modi of "single handedly" derailing the ambitious tax reform - GST - a brain child of the BJP-led NDA government, and championed by his Bihar party colleague Sushil Modi.
"The man who is the most powerful proponent of Goods and Services Tax (GST) today is Sushil Modi. But the most powerful opponent of GST is Narendra Modi.
GST, which seeks to subsume various indirect taxes like excise, sales and service tax, was proposed by the Atal Bihari Vajpayee government and subsequently supported by Congress led UPA government.
However, Ramesh said the "revolutionary change in economic policy" has not turned into a realty because of opposition by the Prime Ministerial candidate of BJP.
"He (Narendra Modi) communicates on everything under the sun, I would like him to communicate to the country why he is opposing GST, why he is opposing his own party, why he is opposing Sushil Modi...Sushma Swaraj...Nitin Gadkari... Yashwant Sinha...Let him explain," the Rural Development Minister said.
He further said there is a universal consensus on GST and all industry associations and corporates who are supporting Narendra Modi are in favour of GST.
"All industrialists who appear on TV singing the praises for Modi want GST. His party is responsible for GST, his party manifesto say GST, his party leaders want GST but this one man has single handedly derailed the entire introduction of GST," he said. -  PTI

Saturday, September 14, 2013

{Modi/Visa,Delhi_Gangrape;Verdict/plea,Moody,SEBI&PMEA}

Dear all,
Welcome.
Modi/Visa: BJP had declared Gujarat CM, Modi, as PM's candidate for the upcoming general elections but there is no change in the US viewpoint regarding denial of US visa. It's foreign affairs dept. had stated that if he applies for Visa, he is welcome. There is no change in the Visa policy. If he applies, his application would be reviewed subject to US laws and she is not predicting about the result of review.
US is not interfering in Indian or any other country's domestic politics. She told that she is not commenting upon Indian politics.
Delhi's Gangrape trial:
[A]. Rarest of Rare: The facts upon which the Fast track Court Judge had declared it as "Rarest of rare" are as follows:
1. It was a planned conspiracy under which victim and his boyfriend was picked up by the bus.
2. The victim had been gangraped.
3. The victim's body had been cut through teeth at various places thereby proving beastly behaviour by them.
4. After Gangrape, the culprits had inserted the rod in the stomach due to which the intestine was cut.
5. Beyond it, the culprits had removed the intestine from the body. It was very inhumane.
6. Later, the victim was thrown out of bus in bare condition after moving her by holding her hairs. Even they tried to bring them under the bus.
7. The victim suffered around eighteen internal injuries due to which it was difficult to survive. After suffering pain, she had died which had been most inhumane.
8. The culprits had been ruthless, indifferent, rebellious, and inhumane during the crime.  
[B]. Pleading: Whereas prosecution had demanded death penalty during Court trial, defendant's counsel had argued citing humanitarian grounds for all four accused in the Gangrape case.
1. Advocate A.P.Singh for Vinay: a. M.K.Gandhi had stated that a culprit should be pardoned for giving a chance to correct himself.
b. Did the terrorist activities stopped after Kasab's death penalty? After Indira Gandhi's killing, Rajiv Gandhi too got killed. If these could be prevented by hanging, it should have been stopped earlier.
c. India sends messages to other countries on humanitarian aspects. Human rights does not justify hanging.
d. Vinay had donated blood and saved lives many times.
2. Advocate V.K.Anand for Mukesh:a. Mukesh considers victim's mother as her own. When argument against her came, he didn't do it. His mother had left one son and is praying for mercy.
b. Mukesh had accepted crime and stated that he was driving the bus. Considering it as important, he should not be hanged.
c. Mukesh and changed counsels who gave wrong suggestions.
d. Mukesh is poor and unmarried besides only earning member of the family. There is chance of correcting himself.
3. Advocate Vivek kumar for Pavan:
a. Under law, murder is a heinous crime. But every culprit is not hanged.
b. Many times, it happens that a group commits crime and not a single person but his presence makes him a criminal.
c. Human rights oppose death penalty.
d. Pavan's age is 19 yrs. with three sisters and parents. Their responsibility lies with him.
4. Advocate A.P.Singh for Akshay:a. Ex-President, Kalam, had stated that result of every crime could not be death penalty.
b. Swami Vivekananda had stated that power, money and public majority always gets victory. When his mother got ill, he didn't get interim bail but an accused minister got bail.
c. Terrorist Shahjad had killed Police personnel and committed treason. He had got life-time imprisonment. He is neither terrorist nor a traitor.
d. There are 250 MPs with criminal cases registered against them. Their matters doesn't come in Fast track Courts. The law says even if 99 guilty be left, an innocent should not be accused.
Green Revolution II: Gujarat's Agriculture is under consideration in Northern States. The National growth rate is 2.5% but in Gujarat, it is 11%, that too, despite it's two-third of the land being infertile. The Northern States farmers had visited gardens, fields and milk production units. The Gujarat govt. is showing the State to other States farmers i.e. from UP, HP, Punjab, Haryana, Rajasthan, Bihar, and Jharkhand etc. They are being shown developed agriculture model and training aspects too. Even Modi himself addresses those meetings.
At Palanpur, the potato crop and South Gujarat's sugarcane yield's had been praised by Western UP farmers. Bihar's farmers had been impressed by Dairy Industry. After BJP election campaign reins being handed over to Amit Shah, it was decided to target eighty parliamentary seated State, Uttar Pradesh. He had handed selection of farmers matter to BJP party workers. It had included milk, sugarcane, and fertilizer's co-operative bodies personnel.
  
Moody's: The credit rating agency, Moody's, stated that the weak rupee would affect credit rating of IOCL, Tata Steel, & Tata Power along with Non-financial sector. In it's report, it is stated that due to costlier foreign currency loans, these companies rating and credibility is affected. RBI had taken various measures but interest rates are likely to be increased. US Federal Reserve's taking back of incentive package program is also making such loans costlier in foreign currency. A total of 14 companies are cited for having loans worth 2.2 lakh crore INR & payable till March 2014.
   
SEBI: Capital market regulator, SEBI, had rejected stopping of investigation against SBI wherein it was cited to resolve the matter by mutual agreement. It is regarding violation of rules against Code of conduct for bond letters on trust related aspects. A total of 24 companies matters are stated to be rejected likewise. Some of them are stated to have violated IPO rules. The investigation against SBI is continuing under eleven acts, subclauses etc for their alleged violation.
PMEA: PMEA council believes that due to better performance in agriculture sector, some improvement in economy might be seen. During the fiscal year 2013-14, GDP growth would increase @ 5.3%. The agri sector growth rate is likely to be around 4.8% against 1.9% during the year 2012-13.
Due to better monsoon, the Kharif & Rabi crops produce would be better.
Citing RBI's policy, the chief stated that the policy would be continued uptil rupee attains stability.    
With regards,

M.K.Pachraiya

Wednesday, September 11, 2013

{Female_foeticide,Asaram_Bapu,Syria,Delhi's_Gangrape;Police&verdict&Modi_brand}

Dear all,
Welcome.

Female foeticide: US Senators and specialists are concerned over increasing female foeticide. They had asked US govt. to play helping role to curb it. Speaking on "Missing girls of India" subject during Congressional hearing, they had expressed it. PIO & US Senator, Bera, had stted that India should implement it's rules strictly. He termed socio-economic and cultural complexities as reason behind it and stressed for awareness in this regard. He had recently returned to US from India.
The Presiding Senator had stated that it is not cultural. US population control policies and decisions had also affected negatively. He hoped that the meeting would find their role to curb foeticide. As per population census 2011, India has 940 women per 1000 males. It was 914 girls against 1000 boys during 2011. During 2001 census, it had been 927 and in 1991, it had been 945.

Asaram Bapu: The religious saint, Asaram, held in judicial custody for fifteen days is asked to undergo Narco test for alleged sexual harrassment by minor's father on Tuesday. As per him, Police should conduct it so that truth should be revealed. If his supporters feel that his daughter is wrong, then his family could also be tested. He had also demanded CBI inquiry.

Syria: US President, Obama, had stated that he wants to give a chance for political solution to Syria. It is to note that Syria had accepted Russian premiere, Putin's proposal hand over the chemical weapons under International control. US & Russian Official would talk in this regard besides Obama talking to Putin. Putin is opposing any military action against Syria without UN acceptance.
US President had told that it is important to verify before any agreement is made whether Syrian President, Assad, would stand with his talks.

Delhi Gangrape & Police: After Delhi's Gangrape done on Dec.16, 2012 in a luxury bus, the victim along with her boyfriend were thrown out of Bus near hotel area at Mahipalpur, NH-8. During that time his boyfriend had revealed that on the bus was written Yadav Transport. Based upon his statement, twelve Police teams had started searching bus details at Buradi located transport department, which were running in Delhi-NCR. Some teams had searched for private video footage too. Uptil that time, STF Police had got information about a bus standing at RKpuram, Sector III Ravidas Camp. From here , Police got clue.

Verdict: The Court had stated that it was a planned crime and not just an suddenly occured incident. The Court had found all accused guilty under all acts. Their sentence would be argued today and might be given today. The prosecution had stated that it comes under "Rarest of rare" case and death penalty could be given.
The Addl. Session Judge had read important facts and given verdict in five minutes. The verdict comprises of 237 pages mentioning details of crimes, their involvement and partnership. The Court's verdict had stated that the way crime had been done & based upon facts, it would be appropriate to term it as cold blooded murder. The criminals had committed it using rarest criminal strategy. The victim was taken inside the bus not just as passenger but for committing the crime. Therefore, they had not taken other passengers on board.
The Court had stated that the injuries done to victim was not possible to treat properly. As per Doctor's report, it is proved that the injuries were done in inhumane ways. Due to it, the victim got succumbed to death. In this crime, all were equal partners and it is proved based upon facts and evidences.

Modi brand: Gujarat CM, Modi, had detailed about Congress led UPA govt.'s time table as follows;
first year for teaching lesson to opposition; second and third year for robbery/looting; final year for distribution of gifts
The rally held yesterday at Jaipur had Gujarat CM, Modi, along with BJP President wherein Muslim community members had reached there. BJP had called for Muslim youths to come wearing white caps and women in black burqa. They had been apparent at two places during the meeting.
Also, the hoardings had Vajpayee, Rajnath Singh and Modi in them. It was found that in the hoardings, Advani's faction posters had been missing, which was also a matter for discussion.
With regards,

ManojKumar, Bhilai(CG)

Tuesday, September 10, 2013

{Modi_brand,ICJ,Syria,Delhi's_Gangrape_verdict,Spectrum&Yuan}

Dear all,
Welcome.
Modi brand: During the two day meeting of RSS along with it's associate units post holders, it is learnt that by forwarding MP CM's name, BJP's senior leader had demanded for Opposition leader, Swaraj's, name for the post of Deputy PM. He had learnt that he could not confront directly with RSS and accordingly he had got the rumour of MP CM in opposition to Modi's name. Advani's faction had got their voice through back door for her being as Dy. PM. RSS chief, Advani and Co-leader of RSS had done meeting separately on this issue. It is supposedly strategic move and efforts are made by Advani faction.
It seems to be final move for Advani but RSS had made it clear that there would be no compromise over PM candidature. So, this move could fetch some gain to the faction. BJP President had stated about Parliamentary board meeting sooner.
ICJ: The trial of Kenyan Dy. President would be done before International Court of Justice amidst charges of raising violence during elections five years back. Kenyan MPs had appealed for
dismissal of case against him in regard to those matters. It is to note that during the said violence, around 1000 people were killed.
The Dy. President is alleged to have provided monetary help for planning violence. Also, Kenyan President would be under trial for charges of conspiracy for murder before International Criminal
Court(ICC), Hague from November 2.
Syria: US foreign minister had stated that Arab league leaders had agreed upon the fact that Syria had violated global line with alleged chemical attack. Many Arabian countries leaders had accepted to sign on statement issued by twelve countries of G-20. They had stated that usage of chemical weapons by Assad's govt. is condemnable. Qatar's foreign minister had stated that it seems that Assad govt. had moved to WMDs.
US President, Obama, would be spending two days before media for campaign to get Americans support in this regard. It is in long-term interest of USA. He would be addressing six TV channels. Also, he would be meeting top Senators as final efforts in this direction.
Delhi's Gangrape: The Saket's Fast track Court had held all four accused as guilty in the gangrape matter wherein a paramedical student was raped in a luxury bus on Dec.16 past year. She died later at a hospital due to multiple-organ failure. Argument for sentence would be done tomorrow at 11 AM after which the sentence would be given. It is hoped that the case would be declared "Rarest of rare" with awarding of death penalty to all four guilty. All four had been found guilty
under all fifteen acts.
The decision is criticized by counsel of guilty stating it as being taken under political pressure. Earlier, all the accused had been brought to the Court under tight security. It is to note that a
juvenile accused in the matter had been sentenced to three years in juvenile home.
CAPART: The Centre govt. is closing it under allegations of corruption. VRS scheme is prepared for it's Officials & Staff. The closure would be done in two years in phased manner. A full time
Director would be appointed for the purpose.
The Council for Advancement of People's action and rural technology had become a white elephant, which is not viable as per Rural development minister. NGO and civil organisation's were involved for developing technology at local level through CAPART. The govt. provided aid to them but it had become a source of corruption. During past twenty five years, twenty eight Directors had been appointed with more than 200 posts in it. Located in "India Habitat Centre", it had made ministers and secretaries as everything as per the Rural dev. minister. Now, Bharat Rural Livelihood Fund (BRLF) would be taking it's place, which is approved by the Cabinet.
2G Spectrum: TRAI would be selling spectrum with reserve price being reduced to 80%. Earlier, the mobile service spectrum was 3,640 crore INR, which is now being fixed as 1,496 crore INR.
GSM based mobile service operating at 900 MHZ would have reserve price of 288 crore for Delhi circle, 262 crore for Mumbai circle and 100 crore for Kolkata circle. Due to high price, Airtel, Vodafone like cos. had not taken part in auction of spectrum. Later, DOT had asked
TRAI to fix reserve price.
With regards,
M.K.Pachraiya
Original_app_mssg(1) 1800 MHZ spectrum
Telecon. circle    Reserve price(crore/Mhz)
1. Delhi ---------175
2. Mumbai---------165
3. Kolkata--------59
4. UP(East)-------61
5. UP(West)-------62
6. Assam----------07
7. Bihar----------37
8. Haryana--------27
9. Himachal-------06
Original_app_mssg(2) Chinese currency
HONG KONG China's yuan has joined the ranks of the most traded currencies for the first time, underlining the growing might of the country's economy, the world's second-largest.
The yuan became one of the top 10 traded currencies in 2013, rising to No.9 on the list due to a "significant expansion" in offshore trading, the Bank for International Settlements said in a report Thursday. It's a sharp jump from the bank's last survey in 2010, when the yuan, also known as the
renminbi, was No. 17 on the list.
Turnover in trades involving yuan surged to $120 billion a day on average in April 2013, three and half times more than the $34 billion in 2010.
Still, that figure is dwarfed by the dollar, which accounted for about $4.7 trillion daily.
The Bank for International Settlements, which is an international organization of central banks, said the yuan along with the Mexican peso, which rose to No. 8, "saw the most significant rise in market share among major emerging market currencies."
China's leaders want the yuan to become an international currency and have been promoting its use as an alternative to the dollar. The yuan is not yet fully convertible but Beijing has been gradually loosening controls. It has started allowing companies to settle international transactions in yuan, signed currency swap deals with Pakistan, Thailand South Korea and others and has worked with financial centers such as London and Hong Kong to develop international hubs for
offshore trading of the currency.
Earlier this year, Australia and China agreed that their currencies could be directly exchangeable, making the Australian dollar the third major currency to have direct convertibility, after the U.S. dollar and Japanese yen. The deal eliminates the need to exchange Australian dollars for U.S.
dollars in order to buy yuan and vice versa.
In other findings, Singapore overtook Japan to become the biggest foreign currency trading center in Asia and the third largest in the world, behind Britain and the United States.
The report also found that the euro's international role has shrunk since the onset of the sovereign debt crisis in the 17-nation eurozone, with its market share falling.
In contrast, the yen's share of trading jumped. Research suggested most of the rise came ahead of aggressive measures by Japanese Prime Minister Shinzo Abe this year to revive Japan's economy that pushed down the currency's value.
The bank surveyed 24 currencies in 53 jurisdictions for its report.
© 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.