Manmohan Singh rehearses his lines before the curtain comes down on his prime ministerial act

January 4, 2014

Manmohan_SinghMumbai, Jan 4: Was it Manmohan Singh? Or was it a robot? To a neutral observer, the difficult answer would be that it was both.

At the end of close to 10 years in office, latent mechanical qualities like passivity, subservience and obedience that must have come in handy for survival at the top, have finally won the battle for the upper hand. The machine in the man spoke on Friday, and both self-styled achievements — growth rate, rural welfare, educational reforms, etc — and self-confessed failures — low employment and high food prices — acquired the same grey monotonous hum of a pre-recorded statement, rendering triumph indistinguishable from tragedy.

For a PM, an appearance before the media is not so much to do with his self-appraisal as selling an image. The image that the PM sold to the nation on Friday was that of a man bidding farewell.

He had done his job to the best of others’ abilities and he was now reconciled to not being thanked too warmly. The prime minister, it appeared, was by now used to expect nothing from the world.

Naturally, he was grim. Certainly, not a smile broke through his features. Whatever happened to those witty lines that Manmohan Singh laced his budget speeches as finance minister in the not too distant past, when Rahul Gandhi hadn’t yet developed the compulsive habit of tearing up ordinances and taking chief ministers to task in public. For someone, who has been in power for two successive terms, Manmohan Singh exuded the air of a man who had seen the end of an era in the mirror that very morning when he was tying the turban.

In the question-and-answer session following his speech, Manmohan Singh was again his inanimate self — at odds with the new virtual world.

In a tone devoid of emotions so natural to the living, he downgraded Narendra Modi’s credentials as a prime ministerial candidate and, in the exactly joyless manner of speech, appreciated Rahul Gandhi’s leadership potential. Praise never sounded so dull as when Manmohan Singh sang it.

The concluding lines of Manmohan Singh’s speech said his government would “revive growth, promote enterprise, generate employment, eliminate poverty and ensure safety and security of all our people, particularly our women and children.” No one listening could have believed him. The words were too repetitive to bear hope. And the prime minister looked as tired as the words.

Perhaps, what made Manmohan Singh think it was a bit too much, what with a billion endless expectations, was how it all started over ten years ago with such fanfare, when destiny had thrust greatness on him as the accidental architect of a “reformed India.” Halfway through in 2009, after he went in for a bypass, politics and life had become an elaborate, extended joke. His heart probably was not in it anymore. Politics was too complex a game. Survival was the collateral damage in the hunt for greatness. There must have been occasions in those ten years when Manmohan Singh asked himself: have I blown it?

And the answer, as it turns out, is yes, mostly. Manmohan Singh lost his resolve halfway through.

Which is why on Friday as Manmohan Singh faced the cameras grimly, the only real message that came through was that he was waiting for his term to end. It must console him that exit (as shown in the accompanying picture) is at hand. And he may be relieved that there was no wild applause at the back as he made egress, and the stage readied for someone else.

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Agencies
January 15,2020

Mumbai, Jan 15: Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.

He was an Executive Director of India's central bank before being elevated to the post of Deputy Governor.

An RBI release said that as Deputy Governor, Patra will look after Monetary Policy Department including Forecasting and Modelling Unit (MPD/MU), Financial Markets Operations Department (FMOD), Financial Markets Regulation Department.

He will also look after Market Intelligence (FMRD/MI), International Department (Intl. D), Department of Economic and Policy Research (DEPR), Department of Statistics and Information Management (including Data and Information Management Unit) (DSIM/DIMU), Corporate Strategy and Budget Department (CSBD) and Financial Stability Unit.

Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India.

As Executive Director, he was a member of the Monetary Policy Committee (MPC) of RBI, which is invested with the responsibility of monetary policy decision making in India. He will continue to be an ex-officio member of the MPC as Deputy Governor.

Prior to this, he was Principal Adviser of the Monetary Policy Department, Reserve Bank of India between July 2012 and October 2014.

He has worked in the International Monetary Fund (IMF) as Senior Adviser to Executive Director (India) during December 2008 to June 2012, when he actively engaged in the work of the IMF's Executive Board through the period of the global financial crisis and the ongoing Euro area sovereign debt crisis.

The release said that his book "The Global Economic Crisis through an Indian Looking Glass" vividly captures this experience.

He has also published papers in the areas of inflation, monetary policy, international trade and finance, including exchange rates and the balance of payments.

A fellow of the Harvard University where he undertook post-doctoral research in the area of financial stability, he has a PhD in Economics from the Indian Institute of Technology, Mumbai.

He will hold the post for three years or until further orders. The post fell vacant after Viral Acharya resigned on July 23 last year.

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coastaldigest.com news network
August 8,2020

Kozhikode, Aug 8: A tailwind or crosswind could be the reason for the Air India Express flight mishap at Kozhikode international airport in Kerala, according to some aviation experts. 

Team of DGCA and AIE already reached the spot. With the death of the captain and co-pilot in the mishap, the investigation would be focusing mainly on the voice recorders and other technical aspects.

It is learnt that the ill-fated aircraft, IX 1344 with 190 onboard including crew, was initially planning to land on runway-28 of the airport. But later the pilot opted runway-10 which is toward the other direction. Pilots would be taking the decisions on the basis of inputs from ATC.

The questions now doing the rounds are what made the pilot opt runway-10 and whether the tabletop runway lacked adequate safety parameters.

An aviation expert, who didn't want to be quoted, said that Capt Deepak Sathe, who was commandeering the aircraft, was a well-experienced pilot and was also familiar with the terrains. Hence the chances of any error from his part was very unlikely. Hence a fair in-depth probe was required to find the exact cause.

Though the Kozhikode airport has an Instrument Landing System, it was of category-I for which pilot's visibility is very crucial toward a touchdown. Since it is a tabletop airport and rough weather prevailing in the region, the chances of tailwind was also high, said sources.

There had been safety concerns about the airport over quite some time. In 2011 aviation safety consultant captain Mohan Ranganathan reportedly gave a report citing the safety issues, especially the buffer zones at the end of the runway.

However, an AAI officer said that rectification steps were already done by last year by widening the Runway End Safety Area (RESA) from 90 metre to 240 metre. However, the length of the runway had to be reduced to 2,700 metre from 2,850. The AAI was also constantly pressing for increasing the runway length to 3,150 metres. But that was getting delayed due to land acquisition issues pending with the state government.

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News Network
May 5,2020

New Delhi, May 5: India registered the biggest jump in numbers of COVID-19 cases and deaths, with 3,900 new cases and 195 deaths being reported in the last 24 hours, according to the Ministry of Health and Family Welfare on Tuesday.

"3,900 COVID-19 cases and 195 deaths have been reported in the last 24 hours, the largest spike till now in both," according to the Ministry of Health and Family Welfare.

The total number of confirmed coronavirus cases in India reached 46,433, including 1,568 deaths, according to the Union Ministry of Health and Family Welfare on Tuesday.

According to the latest update by the MoHFW, 12,727 patients in the country have been cured and discharged, or have migrated, as of today morning. At present, there are 32,138 active cases in the country.

Maharashtra with 14,541 cases is the worst-affected state by the disease, while Gujarat with 5,804 cases is second on the list.

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