Gone with the wind: Vizag's Mega City plan takes a big hit

October 14, 2014

Visakhapatnam, Oct 14: The very severe cyclonic storm `Hudhud' couldn't have come at a much worse time for Andhra Pradesh in general and Visakhapatnam, the 'city of destiny', in particular.

The State, post-bifurcation, is in the process of rebuilding and foundations for that are being laid.

Visakhapatnam, the largest city in the truncated State, has been getting ready to transform into a Mega City and plans for this have already been laid out.viza hit by hudhud

Everything was being set on course to alter the face of Andhra Pradesh as well as the port city in terms of development when `Hudhud' came striking on Sunday as a bolt from the blue, throwing all plans in disarray.

Now, the State Government will have to re-double its efforts, first to bring Visakhapatnam back to shape and next go ahead with the other development plans.

The primary focus will now be on rebuilding the basic infrastructure that was left battered in the port city.

From the roads to telecommunications network to the seaport and airport, all major infrastructure facilities here suffered massive damage and may take a while for restoration.

The Visakhapatnam Steel Plant, the pride of the city, too requires massive repair and this may hamper its expansion.

The Cyclone Warning Centre, the most critical unit here, has to be re-established after `Hudhud' destroyed it. It has to be done in quick time before another storm looms.

As Chief Minister N Chandrababu Naidu has pointed out the cost of damage caused by the calamity may be well over Rs 1 lakh crore in Visakhapatnam and other affected neighbouring districts of Vizianagaram and Srikakulam.

Mobilising funds for this gigantic restoration task is the main challenge before the cash-starved Government that is already looking for liberal assistance from various quarters, including the Government of India, for rebuilding the State.

Massive investment plans had been lined up for the city, post-bifurcation, with primary focus on development of infotech. About 20 firms from India and abroad have chosen it as their IT hub and planned to invest Rs 1820 crore.

"Hudhud will certainly slowdown our plans as we will have to now build required infrastructure for these companies simultaneously rebuilding the city's basic infrastructure," a top Government functionary noted.

J Satyanarayana, Government's advisor on Electronics & IT, told media person, "we have to put the clock back first. Our primary focus is on relief and restoration as we have to rebuild all the infrastructure."

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News Network
January 28,2020

Jan 28: After Union minister Anurag Thakur, on Tuesday, BJP MP Parvesh Verma has stoked a controversy by saying that "Shaheen Bagh protesters will enter houses and rape sisters, daughters." The BJP MP even went on to say that if BJP is voted to power in Delhi, they "will clear Shaheen Bagh protest within an hour."

"If the BJP comes to power in Delhi on February 11, we will clear Shaheen Bagh of all protests and protesters within one hour. Not a single person will be visible," Parvesh Verma said during a meeting at Vikaspuri assembly constituency.

"Lakhs of people gather there [Shaheen Bagh]. People of Delhi will have to think and take a decision. They will enter your houses, rape your sisters and daughters, kill them. There's time today, Modi ji & Amit Shah won't come to save you tomorrow..." the BJP MP told news agency ANI.

"If our government is formed, then give me just a month after February 11, and I will remove all mosques built on government land in my Lok Sabha constituency," the BJP parliamentarian added.

Well, these statements didn't go down well with the netizens, who took to Twitter to express what they felt about the BJP leader's comments. A user wrote, "This is pure, unadulterated hate speech." While other user said, "Only when you thought BJP couldn't stoop any lower."

Earlier, on Monday, BJP leader and Union Minister Anurag Thakur triggered a row after he led the crowd to raise an incendiary slogan that "traitors should be shot". At the rally, Thakur, the Minister of State (MoS) for Finance, shouted: "desh ke gaddaron ko" to which the crowd responded, "goli maro saalo ko" (shoot down the traitors).

Addressing the meeting in support of BJP candidate from Rithala, Manish Chaudhary, Thakur raised the pitch of nationalism as he linked opposition parties with anti-CAA protests in Shaheen Bagh and with alleged anti-India slogans, and then asked the crowd to raise the controversial slogan.

For more than a month, over 200 women have been joined by hundreds of others every day at South East Delhi's Shaheen Bagh at a sit-in protest against the CAA which promises citizenship to only non-Muslim refugees from three neighbouring countries.

Protests have been ongoing in different parts of the country against the amended Citizenship Act (CAA) which grants citizenship to Hindus, Sikhs, Jains, Parsis, Buddhists and Christians fleeing religious persecution from Pakistan, Afghanistan, and Bangladesh if they entered India on or before December 31, 2014.

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News Network
June 10,2020

New Delhi, Jun 10: Delhi recorded 1,366 fresh cases of COVID-19 on Tuesday, taking the tally to 31,309, while the death toll mounted to 905, authorities said on Wednesday.

According to a health bulletin issued by the Delhi government's health department, there are 18,543 active cases, while 11,861 patients have either recovered, been discharged or migrated.

No health bulletin was issued on Tuesday.

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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