Tuesday, May 16, 2017

MODI AND ABBAS HOLD DELEGATION LEVEL TALKS

Modi will hold delegation level talks with Palestine President Mahmoud Abbas in New Delhi today.
Palestine President Mahmoud Abbas was accorded ceremonial reception at Rashtrapati Bhavan in New Delhi today. The visiting dignitary who is on a four day State visit to India was welcomed by President Pranab Mukherjee and Prime Minister Narendra Modi at Rashtrapati Bhawan. In the evening, President Pranab Mukherjee will host a banquet in honour of the visiting dignitary.
The visit of President Mahmoud Abbas will provide an opportunity for reviewing the entire gamut of bilateral relations, regional and international issues. MoUs on cooperation in various sectors are also expected to be signed today.

CONSTITUTION DAY OF NORWAY

The President of India, Shri Pranab Mukherjee has extended his greetings and felicitations to the King and people of the Kingdom of Norway on the eve of their Constitution Day (May 17, 2017).
In a message to His Majesty King Harald V, the King of Norway, the President has said, “On behalf of the Government, the people of India and on my own behalf, I have great pleasure in extending warm greetings and felicitations to Your Majesty and to the people of the Kingdom of Norway on the occasion of your Constitution Day.
India attaches high value to the friendly ties between our two countries. Our bilateral cooperation has steadily acquired greater substance and significance in recent years. We are keen to further expand and strengthen our fruitful engagement in all fields of our common interest. I am confident that the current momentum in our relations will be sustained in the future to the mutual benefit of our two peoples.
I take this opportunity to convey to Your Majesty my best wishes for your good health and well-being and for the continued progress and prosperity of the friendly people of the Kingdom of Norway”.

CBI RAIDS RESIDENCES PC,SON KARTI AND LALLU

Central Bureau of Investigation carried out searches at several places linked to former Union minister P Chidambaram and his son Karti over alleged favours granted in foreign investment clearance to a firm, INX Media, in 2007.
Official sources said the searches are spread across Mumbai, Delhi, Chennai, and Gurugram.
The raids are taking place at the Nungambakkam residence of P Chidambaram in Chennai, a senior police official said in Chennai.
The agency has on Monday registered a case regarding alleged irregularities in granting the Foreign Investment Promotion Board clearance to INX Media, run by its directors Indrani Mukerjea and Peter Mukerjea, in 2007 when P Chidambaram was the finance minister.
The agency has registered the case against INX Media through its director Indrani Mukerjea, Peter Mukerjea, Karti Chidambaram; Chess Management Services (a company of Karti), and Advantage Strategic Consulting Limited through its director Padma Vishwanathan. CBI today conducted raids at 12 places in Chennai including the residence of former Union minister P Chidambaram and his son Karti Chidambaram.
CBI is also conducting searches at locations in Mumbai, Delhi and Gurugram. The raids are being carried out in connection with clearances given to INX Media and criminal misconduct in grant of Foreign Investment Promotion Board -FIPB approval.
On 17th April, the Enforcement Directorate (ED) had issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violations of the FEMA laws to the tune of 45 crore rupees.
The agency also issued a similar notice, after over two years of investigations, to another firm M/s Vasan Health Care Private Limited, which is based in Chennai, for alleged forex violations of 2,262 crore rupees.
Next raid of Income Tax department  and surveys at 22 locations in Delhi and Gurgaon on charges of benami land deals worth Rs 1,000 crore involving RJD chief Lalu Prasad. PTI quoting officials said the department began raiding the premises of some prominent businessmen and real estate agents in Delhi, Gurgaon, Rewari and few others since early morning.
The searches are also being conducted at the premises of the son of RJD MP P C Gupta and few other businessmen. It said, While raids are being conducted at a dozen locations, ten other official premises are being surveyed by the I-T department.
The BJP had last week accused Prasad, his MP-daughter Misa Bharti and his two sons, both Bihar government ministers, of being involved in corrupt land deals worth over Rs 1,000 crore, and asked the central government to probe one such transaction in Delhi.
Union minister Ravi Shankar Prasad had alleged that these transactions were a case of quid pro quo as they date back to the period when Lalu Prasad was the railway minister, and dared Bihar Chief Minister Nitish Kumar to take action against him.
All the companies owned by Lalu Prasad’s family members for the purpose of these land transactions had no employees, no business activities and no turnover, Ravi Shankar Prasad had claimed.

LUVKUSH COMMITTEE REVEALED THE CHARACTERS OF THIS YEAR’S BIGGEST RAMLEELA!

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   As the preparation of Delhi’s biggest LuvKush Ramleela of this year is started. Therefore, the committee revealed the characters of bollywood actors, who are part of the Ramleela this Year. The Press Conference was graced by the well known stars like Mukesh Rishi, Vindu Dara Singh, Vishal Kanwar and Shubhi Sharma. Along with them, the Chairman of Ramleela Ashok Aggarwal was also the part of the same.
One of the main characters of ramleela was also revealed this time, Mukesh Rishi will play the role of Raavan this year, whereas Vindu Dara Singh will be playing Parshuram this year.
Whereas, Manoj Tiwari will portray the role of Angad, Anup Jalota will be Kevat, Shankar Sahni as Raja Dashrath.
For this year Ramleela, the chairman Ashok Aggarwal mentioned, “the preparation of Ramleela is started for this year. And I am sure it will take place in a big manner. We are going to release the entire information of LuvKush Ramleela on our official website. And in comparison with last year, Ramleela is going to be showcased with more enthusiasm. Well, I am heartily thankful to the entire team of LuvKush Ramleela for making it possible on such a huge way.”
The 40 year old LuvKush Ramleela will be showcased from 21st September till 1st October, 2017 where renowned actors from Bollywood will take part in the Ramleela.

THE FUTURE WE NEED: NATURAL RESOURCES AS A SHARED INHERITANCE

May
17
CPR Land Rights Initiative is pleased to invite you to a talk on
The Future We Need: Natural Resources as a Shared Inheritance
Wednesday, 17 May 2017, 3:00 – 4:30 p.m.
Rahul Basu
Conference Hall, Centre for Policy Research
Image Source
Natural resources include our environment, minerals, and land. From an economic standpoint, land and minerals are the most valuable. Wealth attracts thieves, adventurers, rent seekers and crony capitalists. It is not surprising that mining encourages corruption, as private parties attempt to capture most of the value through “legal” but fundamentally illegitimate contracts. This in turn drives environment and human rights violations, which give rise to conflict. Iron ore mining in Goa has become a contentious issue between government and civil society. In his talk, Rahul will speak about the work of the Goa Foundation, an environmental NGO, in raising awareness about mining as Goa’s largest environmental issue for over twenty five years. He will describe the Supreme Court’s decision in the Goa Mining case, where the Court was concerned with the rapid depletion of iron ore, and wanted a practical method of implementing the principle of “intergenerational equity”, earlier ruled by the Court to be a part of the “Right to Life”. Goa Foundation uses the “public trust” doctrine and the “intergenerational equity” principle to propose an ethical, fair  and just resolution to the issue in the form of the “fair mining” proposal. This proposal has support from the Constitution, our traditions and customs, economics and global best practices. Rahul will explain how the “fair mining” proposal reduces poverty, slows growing inequality, reduces corruption and crony capitalism, improves governance and even creates a palatable ‘Universal Basic Income’. As a result of a recommendation from the Goa Foundation, the Supreme Court has ordered the creation of the Goa Iron Ore Permanent Fund. This is intended to be a savings fund akin to the oil funds of Norway and Alaska. The Supreme Court has also ruled the last five years of iron ore mining in Goa to be illegal. While giving rise to enormous claims on the miners (as illegal mining is equivalent to theft of public property), it also gave the Goa government a clean slate. It had full freedom to redesign its mining sector. The Goenchi Mati Movement issued a manifesto for the Goa State Assembly elections showing how these principles could be put into practice. The manifesto was supported by the mining affected, mining dependent, and even a miner. It has also been supported by four political parties including AAP, as well as the Archbishop of Goa, the Shadow Chancellor of the UK, and a broad spectrum of civil society.
Rahul Basu is presently a member of a number of initiatives, including the Goa Foundation, the Goenchi Mati Movement and The Future We Need. He is on the executive committee of Mines, Minerals and People and the interim executive committee of the India Network for Basic Income. His relevant interests and experiences include finance and accounting (Rahul has studied economics and management, worked in ICICI and has been a CFO); public policy; corruption andgovernance; cognitive sciences including behavioural economics and persuasion theory; and quality improvement and designing win-win solutions (Rahul has structured and completed a variety of project finance transactions as well as mergers, acquisitions and investments.) He has published three papers in EPW on this issue and is a member of INSEE (Indian Society for Ecological Economics) and EAERE (European Association of Environmental and Resource Economists).
Rahul is also the founder and CEO of Ajadé, a consulting firm for start-ups and small companies and a member of the Indian Angel Network. He is a member of Kokum Design, a design non-profit. As education is his primary interest, he advises an ongoing project to redesign Goa’s anganwadis to first world quality. He is a participant in a variety of other social initiatives and causes, largely based out of Goa.
Please RSVP at this link.

JAITLEY BULL RUN, NON-OIL IMPORTS UP 54.5%, EXPORTS 17.06%

PARLIAMENT COMMITTEE CHIEF WRITES TO CENTRE ON GM MUSTARD

NEGOTIATING AUTHORITARIANISM AND ITS LIMITS: WORKER-LED COLLECTIVE BARGAINING IN THE PEARL RIVER DELTA

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AQUATECH CHINA TAKES PLACE 7-9 JUNE

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