Donate month’s salary to rebuild Kerala: CM urges Malayalees as death toll crosses 300

Agencies
August 27, 2018

Thiruvananthapuram, Aug 27: As relief and rehabilitation work initon in flood ravaged Kerala, Chief Minister Pinarayi Vijayan today urged all Malayalees to donate one month salary to rebuild the state,where the death toll has now touched 302 and over four lakh are still in relief camps.

In many districts, people have started moving from camps to their homes after cleaning work has been completed.

The receding flood waters had left mounds of mud and debris in their homes and surroundings.

The toll today climbed to 302 with more bodies being recovered, a government press release here.

Pinarayi Vijayan has also reviewed ongoing relief operations.

There are still 4.62 lakh people in 1,435 relief camps. At least three lakh houses have been cleaned so far.

Prime Minister Narendra Modi today hailed the humanitarian assistance rendered to victims of Kerala floods by people from all walks of life, saying that irrespective of age group or area of work, people are contributing for the cause.

He also put on record his appreciation for the role rendered by the Army, Air Force, Navy, NDRF, BSF, CISF and the RAF in relief and rescue operations.

"Yesterday was the festival of Onam. We pray for Onam to provide strength to the country, especially Kerala, so that it returns to normalcy on a newer journey of development. Once again on behalf of all Indians, I would like to reassure each and everyone in Kerala and other affected places that at this moment of calamity, the entire country stands by them," PM Modi said in his monthly 'Mann ki Baat' radio address.

He said the loss of lives cannot be compensated, but he assured the grief-stricken families that in this moment of suffering, every Indian stands by them shoulder to shoulder.

As Kerala struggles to stand on her feet, water logging of homes in various places, especally in Kuttanad region of the worst hit Alapuzha district continues to be a worrying factor.

Huge pumps will be used to flush out water from homes and premises, after which the cleaning process will be taken up by removing the accumulated silt, authorities said.

Mr Vijayan, who had accompanied PM Modi and Union Home Minister Rajnath Singh during the aerial surveys, said they were touched by the intensity of the devastation and he hoped that the Centre would provide more funds.

The union government has already released Rs. 600 crore as immediate assistance against the state's demand for Rs. 2,000 crore.

Opposition leader in the assembly, Ramesh Chennithala, said more central funds were needed for Kerala and there was nothing wrong in accepting foreign aid to help rebuild the state.

With the floods having left a trail of massive destruction and rehabilitation and reconstruction requiring huge financial resources, Mr Vijayan wanted Keralites, both in the country and outside, to exhibit their generous self and contribute one month's salary to the state.

"We need to find our strength. It will be difficult to contribute one month's salary at a stretch. But Keralites, including from outside, can at first contribute three days' salary a month and over a period of 10 months, donate the remaining sum', Mr Vijayan told Malayalam TV channels in Thiruvananthapuram today.

In the coming days, relief camps in schools and colleges will be wound up and people, whose homes were fully waterlogged even now, would be shifted to marriage halls and convention centres, Finance Minister Thomas Isaac told reporters in Alapuzha.

Meanwhile, the defence personnel would continue to support the state authorities in flood hit areas in relief and rehabilitation initiatives, a spokesperson said.

As of date a total of 10 Columns and 12 Engineer Task Force of the Army are carrying out continuous rescue and relief operations in the area.

The troops are involved in road opening, clearing of landslidess and construction of temporary bridges, utilising the natural resources available in the area.

So far approximately 26 temporary bridges have been constructed, repaired and approximately 50 roads have been cleared for the general public, a defence press release said.

At least 3.64 lakh carcasses of birds and over 17,000 of big animals have been retrieved and buried so far.

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News Network
March 27,2020

Mumbai, Mar 27: The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
The reverse repo rate now stands at 4 per cent, down by 90 basis points, said RBI Governor Shaktikanta Das adding this has been done to make it unattractive for banks to passively deposit funds with the central bank and instead lend it to the productive sectors.
The six-member monetary policy committee (MPC) met on March 24, 25 and 27 and voted 4:2 in favour of the repo rate reduction. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy while ensuring that inflation remains within the target.
"The need of the hour is to shield the economy from the pandemic," said Das. "We need to mitigate the impact of coronavirus, revive economic growth and provide financial stability."
Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them.
The RBI Governor further said that the economic growth and inflation projection will be highly contingent depending on the duration, spread and intensity of the pandemic.
"Global economic activity has come to a near standstill as COVID-19 related lockdowns and social distancing are imposed across a widening swathe of affected countries. Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," said Das.
"The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession," he said.
However, the RBI has injected liquidity of Rs 2.8 lakh crore via various instruments equal to 1.4 per cent of GDP. "Along with today's measures, liquidity measures equal to 3.2 per cent of GDP. The RBI will take continuous measures to ensure liquidity in the system."
The RBI governor has said that all banking institutions can offer a three-month moratorium on all loans for a period of three months. The RBI has also allowed banks to restructure the working capital cycle for companies without worrying that these will have to be classified as a non-performing asset (NPA).
The three-month moratorium will permit banks to avoid a large onset of NPAs during the 21-day lockdown and keep their books healthy.
Das said banks and other financial institutions should do all they can to keep credit flowing to economic agents facing financial stress on account of the isolation that the virus has imposed.
"Market participants should work with regulators like the RBI and the Securities and Exchange Board of India (SEBI) to ensure the orderly functioning of markets in their role of price discovery and financial intermediation," he said.

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News Network
June 13,2020

New Delhi, June 13: A quarantine notice pasted outside former Prime Minister Manmohan Singh’s 3, Motilal Nehru Place residence has raised speculations among media and political circles.

According to reports, the daughter of a domestic help who works at Singh’s residence has tested positive. She and her family, who live in the servant quarters, have been quarantined.

Singh, who has not been keeping well for some time, is slowly getting active. Congress leaders said the former Prime Minister attended a meeting of the party’s consultative committee on Thursday through video conference.

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News Network
June 3,2020

Mumbai, Jun 3: With an expected increase in wind conditions up to 120 kilometres, cyclone Nisarga is likely to make landfall on the north coast of Maharashtra later today, as per the Indian Meteorological Department (IMD) on Wednesday.

"Wind conditions will further increase up to 100-110 gusting to 120 kmph as conditions are favourable for intensification. The higher sea surface temperature and low vertical wind shear favoured the intensification of severe cyclonic circulation," said IMD in a series of tweets.

Explaining the nature of wind speed, IMD further tweeted, "Eye diameter is about 65 km as observed through Radar. thus the diameter has decreased during past 01 hours indicating intensification of the system. hence wind speed has increased from 85-95 kmph to 90-100 kmph gusting to 110 kmph."

Several National Disaster Response Force (NDRF) teams have been deployed across Maharashtra to ensure preparedness for the impending cyclone. A total of eight teams have been deployed in Mumbai, five teams in Raigad, two teams in Palghar, Thane, and Ratnagiri and one team in Sindhudurg, said NDRF.

Besides, five NDRF teams were airlifted by IL-76 from Vijaywada for Mumbai on June 2, as per the Indian Air Force (IAF)

"Around 60 per cent of people, from the coastal areas around this area, have gone to their relatives' places. The remaining ones have been sent to the evacuation centre. We have also taken into account the COVID-19 guidelines and ensured social distancing," NDRF officer Shiv Parada Rao, deployed with his team in the Dahanu area, spoke to ANI.

"From the information we have received cyclone Nisarga is likely to hit here by tonight. The exact time is not confirmed yet. We are taking all preparedness measures to tackle the situation," he added.

NDRF teams also conducted evacuation in Alibaug during the early hours on Wednesday morning, as per NDRF Director General SN Pradhan.

As per the 5 am bulletin released by IMD, cyclone Nisarga was heading towards north Maharashtra coast at a speed of 11 kmph. It was about 200 km South -SouthWest of Alibag and about 250 km south-southwest of Mumbai at 2.30 AM today, stated the bulletin.

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