Cauvery row: Actors stage protest in Chennai; Rajinikanth asks CSK to wear black band in IPL

The Indian Express
April 8, 2018

New Delhi, Apr 8: As the battle between Karnakata and Tamil Nadu intensifies over the Cauvery issue, actors turned politicians Rajinikanth and Kamal Haasan joined a protest in Chennai, demanding the formation of Cauvery Managment Board (CMB). Actors including Dhanush, Vishal, Surya and music composer Ilayaraja were also present at the protest.

Stating that it is embarrassing to hold Indian Premier League (IPL) matches in Chennai, while the state is grappling with Cauvery row, Rajinikanth said the Chennai Super Kings (CSK) players should wear black badges while playing. He also asked his followers to wear the same when the Chennai team plays.

Calling the setting up of Cauvery Management Board a fair demand, Rajinikanth said that that the Centre should pay it immediate attention. “I’d like to tell the Centre that, what every Tamilan unanimously wants is CBM. If you don’t set up the board at the earliest, you will be subjected to the anger and disappointment of every Tamilan,” the actor said.

He also said people from different walks of life have been protesting across Tamil Nadu for the welfare of poor farmers. “To many, it’s unclear who we are protesting for. We are not protesting for the benefits of rich farmers with hundreds of acres of land. We are doing it for poor farmers whose livelihood depends on the farm produce they make from a piece of land they own,” he said adding that even though Karnataka’s politicians might not understand the agony, the poor farmers of Karnataka will.

On Kamal Haasan’s comments that he will oppose Rajinikanth if he takes up ‘divine politics,’ Rajinikanth said, “He is not my enemy. My enemy is unemployment and poverty.”

While Rajinikanth had earlier tweeted saying Cauvery Management Board was the “only acceptable just solution for us,” Kamal Haasan had accused the Tamil Nadu government of being “subservient” to the Centre rather than upholding the state’s rights on the Cauvery issue. He had also alleged that the fast taken up by AIADM members earlier this week was “farcical.” While it was the Centre’s responsibility to constitute the CMB, the state government “cannot hallucinate that it has fulfilled its duty towards the people who elected them by just filing a contempt petition after the deadline or by holding a farcical one-day hunger strike”, he had said in the statement.

The Tamil film fraternity observed a silent protest demanding the setting up of the Cauvery Management Board and the Cauvery Water Regulation Committee (CWRC). It also opposed the operation of copper smelter plant of the Vedanta group in Tuticorin.

The protest organised by the South Indian Film Artistes Association, popularly known as Nadigar Sangam, saw the participation of members of Tamil Film Producers Council and Film Employees Federation of South India.

Leading actors, movie and music directors and other technicians participated in the protest. Among those present were music directors Illayaraja, Shankar-Ganesh, actors Surya, Vijay, Vishal, Prashanth and others. According to Nadigar Sangam President Nasser, the silent protest is held to convey one message — the constitution of the CMB and the CWRC.

The state has witnessed multiple protests, bandh calls, hunger strikes and demonstrations by various political members and farmers in order to demand immediate action by Centre. DMK leader M K Stalin and AIADMK leader T T V Dinakaran launched a padayatra to safeguard Tamil Nadu’s interest in the Cauvery row.

The latest plan of Stalin, who earlier planned to march from Trichy to Chennai and then enter the city with thousands of partymen and farmers, is to cover the entire delta. While the padayatra launched on Saturday will pass through Thanjavur, Nagapattinam and Tiruvarur districts, another march launched on April 9 will cover Ariyalur and Perambalur.

Hoping that Tamil Nadu gets a favourable ruling from Supreme Court before he completes the march, Satlin said, “If not, this protest march will be stronger in the coming days,” he said, adding that the ruling AIADMK lacks the courage to even issue a statement condemning the BJP-led central government.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
March 5,2020

Mar 5: The fourteen Italians, who have tested positive for coronavirus, have been shifted to the Medanta Hospital in Gurgaon from an ITBP quarantine centre.

The hospital issued a statement on Thursday morning, saying these patients are housed on a completely separate floor, which has been quarantined and has no contact with the rest of the hospital.

There is a dedicated medical team wearing protective gear looking after these patients.All items used on the floor are isolated to that floor.

The isolated floor will completely contain the disease even with these asymptomatic persons. All other hospital operations are operating as normal, and there is no increased risk to patients, visitors or staff, the statement said.

Twenty-one Italian tourists and their three Indian tour operators were shifted out from an ITBP quarantine centre here on Wednesday as they were exposed to novel coronavirus.

An affected Italian couple is being treated at Jaipur's SMS medical college.

Officials on Tuesday said the foreigners have been sent to a private hospital in Gurgaon and a centre in the national capital while the Indians have been transferred to the Safdarjung Hospital.

Fourteen Italians and an Indian (driver), who were in the same group as the affected Italian couple, tested positive for the virus as per information provided by the Health Ministry.

The Italian tourists and three Indians were admitted to the Indo-Tibetan Border Police (ITBP) force centre in Chhawla on Tuesday.

The Centre already has 112 people, 76 Indians and 36 foreigners, since February 27 after they were evacuated by an Indian Air Force (IAF) plane from China's Wuhan, the epicentre of the deadly coronavirus.

The first samples of these 112 people had tested negative when reports came in last week.

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Agencies
March 16,2020

New Delhi, Mar 16: Chief Justice of India Sharad Arvind Bobde on Monday said that rules for preventing overcrowding in the courts to avoid the spread of coronavirus cannot be relaxed for journalists alone on the basis of profession.

"Can't make an exception on the basis of profession," CJI Bobde said while asking journalists to share information and notes and suggesting that a system can be put in place to facilitate daily media briefing by Secretary-General.

Video conferencing facility being contemplated may be brought into place but not sooner than one week from now and reporters may take turns to attend hearings, CJI Bobde said.

He said that the court does not wish to prevent any reportage.

Attorney General KK Venugopal and Solicitor General Tushar Mehta informed the Chief Justice of India about the crowded corridors on account of restricted entry inside courtrooms.

CJI Bobde said that he himself wishes to assess and take stock of the situation and may do so tomorrow at 10.30 am.

This comes after the top court introduced several precautionary measures to prevent the spread of coronavirus and allowed only restricted entry of lawyers, litigants, and journalists in the courtroom.

Thermal-screening of the lawyers, litigants, and media persons were also conducted in the Supreme Court on Monday amid coronavirus fears.

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