Budget lays down roadmap for India: Jaitley

Agencies
July 6, 2019

New Delhi, Jul 6: Former finance minister Arun Jaitley on Saturday said the Budget 2019-20 lays down the roadmap for India to get back on the high growth track and is based on the premise that economies which follow prudent fiscal policies eventually get rewarded as against those which indulge in fiscal adventurism.

In a Facebook post a day after the Budget presentation, Jaitley said a fundamental question has always been asked as to what would one choose between good economics and clever politics.

"The choice is unfair because any Government needs both in order to survive and perform. The Prime Minister's first tenure witnessed this blending of good economics and good politics," he said in the post titled 'The Budget 2019-20'.

Stating that the Budget creates a political direction for an aspirational India, Jaitley said several sectors of interest to the middle class and the neo-middle class, like affordable housing and electric vehicles, have been incentivised.

Besides, push to infrastructure, construction and real estate sectors would provide a fillip to job creation and attract investment.

"India will continue to be the fastest growing major economy in the world. In the last two to three quarters growth has seen a moderation. Unquestionably, the Budget as a policy document lays down the roadmap for India to get back on track," Jaitley said.

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter. For the full 2018-19 fiscal as well, the growth rate was at its lowest in five years at 6.8 per cent.

The Finance Ministry's Economic Survey has projected growth to pick up to 7 per cent in the current fiscal.

Jaitley said the Budget 2019-20 focuses on accelerating the direction of the past and expands the roadmap on which the Prime Minister has built up India's growth story from 2014-19.

The striking part of this period was that for a five-year average, India grew by 7.3 per cent, its revenues grew exponentially and it brought macro stability back with both the current account deficit and the fiscal deficit being on the glide path downwards, he said.

"The present Budget maintains that path based on the premise that economies which are fiscally prudent, eventually get rewarded as against those who indulge in fiscal adventurism," Jaitley said.

The Budget, tabled in Parliament by Finance Minister Nirmala Sitharaman, cut fiscal deficit estimates for current financial year to 3.3 per cent from 3.4 per cent projected in the interim Budget on February 1.

In her speech, the finance minister said India, which at present is a USD 2.7 trillion economy, would become a USD 3 trillion economy in the current year.

She further said the target of making India a USD 5 trillion economy in the next few years was "imminently achievable".

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Agencies
May 31,2020

New Delhi, May 31: A low pressure area formed over Arabian sea and Lakshadweep is likely to intensify further into a cyclonic storm and reach coastal states of Maharashtra and Gujarat next week, the Indian Meteorological Department (IMD) said on Sunday.

Sunitha Devi, in charge of cyclones at IMD, said, "A low pressure area has formed over southeast and adjoining east central Arabian sea and Lakshadweep area. It is very likely to concentrate into a depression during the next 24 hours and intensify further into a cyclonic storm during subsequent 24 hours."

She added, "It is likely to move nearly northwards and reach near north Maharashtra and Gujarat coasts by 3rd June."

A low pressure area and a depression are the first two levels on the IMD's eight-category scale used to classify cyclones based on their intensity.

The weather bureau said that the sea condition will be very rough and advised fishermen not to venture into the sea till June 4.

It has forecast heavy to very heavy rainfall over south coastal Maharashtra for June 2-4, on north coast on June 2-3 and in Gujarat, Daman and Diu and Dadar and Nagar Haveli on June 3-5.

IMD said that under the influence of likely formation of a low pressure system over Arabian Sea, conditions will become favourable from June 1 for onset of monsoon over Kerala.

The arrival date for monsoon in Kerala is around June 1 every year and in Maharashtra around June 10.

On Saturday, a private forecasting agency claimed that monsoon has already hit Kerala, but the assertions were quickly rebutted by the Ministry of Earth Sciences.

"The news about monsoon onset over Kerala in Social Media is not correct. Monsoon has not arrived over Kerala. The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge a"Stephen Hawking," saidAMadhavan Rajeevan, Secretary, Ministry of Earth Sciences.

Kuldeep Srivastava, the head of IMD's Regional Weather Forecasting Centre said that the formation of a low pressure system in Arabian sea and its movement towards Gujarat coast will bring moisture to Delhi-NCR and North West India from June 3.

Two storms are forming over the Arabian Sea, one lies off the African coast and is likely to move over Oman and Yemen, while the other is placed close to India.

The development comes almost ten days after 'Amphan' pummeled four districts of Bengal in the fiercest cyclone in the region in a century, that left 86 people dead and rendered ten million people homeless.

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kushal kumar
 - 
Monday, 1 Jun 2020

                      According  to  IMD  alert  appeared  in  some  newspapers  on  31  May  2020  ,  a  cyclonic  storm  is  brewing  in  the  Arabian  Sea  ,  which  is  likely  to  reach  coastal  districts  of  Gujarat  and  Maharashtra  by  3  June.  It  is  expected  that  the  these  States  would  take  more  care  and  appropriate  strategy  well  in  time  to  combat  the  likely  danger  to  the  coastal  districts  from  cyclonic  storm  designated  as   ‘Nisarga’.  In  this  context  ,  it  may  be  apt  to  refer  readers  to  this  Vedic  astrology  writer’s  predictive  alerts  in  article  -  “  Predictions  for  coming  year  2020  by  kushal  kumar”  -   published  last  year  2019   on  10 October   at   theindiapost.com/articles/predictions-for-coming-year-2020-by-kushal-kumar/.  The  related  text   of  the  predictive  alert   reads  as  follows  in  the  said  article  :-

“  The  next  three  months  from  April  to  June  2020  ,  appears  to  be  a  period  of  time  testing  ‘patience’   and  ‘ perseverance’   ,  introducing  several  parts  of  the  country  to  worrisome  concerns.  Coastal  States  of  India  ,  particularly  those  in  the  southern  part  ,  may  be  called  upon  to  take  more  care  and  appropriate  strategy  against  likely  cyclones  ,  storms  ,  floods  ,  coming  of  danger  via  sea  ,  landslide  and  damage  to  crops   during  April-June  in  2020.  Such  dates  of   month  of  May  as   6 , 7 ,  13 to 16  ,  25  and 26  may  be  watched  with  care.  Similarly  ,  the  dates  3 , 4 ,  11 to 13  ,  21 ,  22  and  26  in  June  2020  may  be  watched  with  care.  Coastal  States /UTs   such  as  Gujarat  ,  some  parts  of  Maharashtra  ……………………………………look  to  be  vulnerable.  It  may  be  apt  for  them  to  take  necessary  precautions  during  May-June ,  2020”. 

                    The  aforesaid  details  suggest  that  the  predictive  alert  of  this  writer   published  last  year  2019  on  10 October  ,  is  coinciding  with  the  alert  of  IMD  appeared  near  about  31 May  ,  2020. 

Kushal  kumar  ,

202- GH28 ,  Mansarovar  Apartments  ,

Sector 20  ,  Panchkula -134116  ,  Haryana.

1 June  ,  2020. 

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News Network
June 30,2020

Six months since the new coronavirus outbreak, the pandemic is still far from over, the World Health Organization said Monday, warning that "the worst is yet to come".

Reaching the half-year milestone just as the death toll surpassed 500,000 and the number of confirmed infections topped 10 million, the WHO said it was a moment to recommit to the fight to save lives.

"Six months ago, none of us could have imagined how our world -- and our lives -- would be thrown into turmoil by this new virus," WHO chief Tedros Adhanom Ghebreyesus told a virtual briefing.

"We all want this to be over. We all want to get on with our lives. But the hard reality is this is not even close to being over.

"Although many countries have made some progress, globally the pandemic is actually speeding up.

"We're all in this together, and we're all in this for the long haul.

"We will need even greater stores of resilience, patience, humility and generosity in the months ahead.

"We have already lost so much -- but we cannot lose hope."

Tedros also said that the pandemic had brought out the best and worst humanity, citing acts of kindness and solidarity, but also misinformation and the politicisation of the virus.

In an atmosphere of global political division and fractures on a national level, "the worst is yet to come. I'm sorry to say that," he said.

"With this kind of environment and condition, we fear the worst."

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News Network
January 15,2020

Srinagar, Jan 15: The Jammu and Kashmir administration on Tuesday evening allowed mobile Internet in parts of Jammu region and broadband in establishments providing essential services, days after the Supreme Court ordered a review of the curbs imposed in the Union Territory.

The order comes into effect from January 15 and shall remain in force for seven days, a government communication said.

In a three-page order, the administration asked Internet service providers to offer broadband facility (with Mac binding) to all institutions dealing with essential services such as hospitals, banks and government offices.

In order to facilitate tourism, the broadband Internet services would be provided to hotels and tour and travel establishments, the order said.

Mac Binding essentially means to enforce a client machine to work from a particular Internet Protocol address.

"Prior to giving such facility, the service providers have been asked to install necessary firewalls and carry out white-listing of sites that would enable government websites and website dealing with essential services like e-banking," the order said.

However, all social media sites remain out of bounds. "There shall be complete restrictions on social media applications allowing peer-to-peer communication and virtual private network applications for the time being," the order said.

The institutions and government offices that are being provided Internet access shall be responsible to prevent misuse, according to the order.

It said the 2G mobile connectivity on post-paid mobiles for accessing white-listed websites including e-banking will be allowed in districts of Jammu, Samba, Kathua, Udhampur and Reasi -- all in the Jammu region.

The order said that the police has brought material relating to the terror modules operating in Jammu and Kashmir including handlers from across the border who are attempting to aid and incite people by transmission of fake news and targeted messages through use of Internet.

The relaxation came days after the Supreme Court said access to the Internet is a fundamental right under Article 19 of the Constitution.

The SC verdict had come on Friday on a batch of pleas challenging the curbs imposed in Jammu and Kashmir after the Centre's abrogation of provisions of Article 370 on August 5 last year.

The court had also asked the Jammu and Kashmir administration to review within a week all orders imposing curbs in the Union Territory.

It had asked the J-K administration to restore Internet services in institutions such as hospitals and educational places providing essential services.

The J-K administration's Tuesday communication said that in view of the Supreme Court directions, the situation has been reviewed and Internet has been opened whereever it was possible keeping in view the security consideration.

In Kashmir, 400 additional Internet kiosks will be established, besides the 900 terminals which are already operational in the Valley.

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