Electoral reforms need of the hour: Pratibha

April 15, 2012

PrathibaNew Delhi, April 15: President Pratibha Devisingh Patil considers preserving the secular, democratic, fabric of India among the difficult tasks facing the country today, the others being the challenges of achieving inclusive growth and curbing social problems such as corruption.

Ms. Patil, whose term ends in July, on Thursday shared with The Hindu her experiences as President and her views on what is required for nation-building.

She said it was imperative to usher in electoral reforms to maintain the country's secular and democratic characteristics. Education, women's empowerment and focus on moral values should be at the core of the reforms.

The interview ended before this reporter had a chance to ask the President about some of the specific challenges she has had to face during her tenure, such as handling of mercy petitions from prisoners on death row.

“Electoral reforms are needed. We have been conducting our elections very well, but we need to keep the elements of money and muscle out. We have to bring in reforms to remove the impurities that have crept into the system,” she said.

To maintain the secular fabric of the world's largest democracy, she said, different stakeholders needed to work with a deep sense of responsibility to see that our democracy remained “clean and healthy.”

“A good signal”

A former Governor of Rajasthan and seasoned politician, Ms. Patil said elected representation of women, especially at the grassroots, and their subsequent ascent to the top had “sent a good signal.”

Ms. Patil, who became the first woman President of the country in 2007, said she was hoping for consensus on the long-pending women's reservation Bill.

“Women's reservation Bill is already in Parliament…but it will be a happy moment if some consensus emerges. I won't say what, but some good formula should be arrived at. Let Parliament do its job, but I do hope they come up with something that is acceptable to all political parties.”

Looking back, she said her years at Rashtrapati Bhavan were “an experience.” “I have met so many people from a cross-section of society, school children who have shown bravery, women who have stood up against social problems like female foeticide, dowry and addiction. It has been an experience. There is a vast pool of talent in this country, there are people who are brave and have the guts to take a stand to face circumstances, there are people with great energy and we need to draw on this energy and talent for nation-building.”

Elaborating on the experiences drawn from her meetings and travels both inside and outside the country, Ms. Patil said: “I have seen people do social service without any self-interest. There are people who collect medicines for those who cannot afford them or used toys for the needy — these are the kind of activities that the youth should be encouraged to take up. There is a gap that needs to be filled and it can be done by people with a vision and a sense of social service.”

“My message to the youth is to strike a balance between consumerism and values. They have a lot of energy, they are better equipped than the previous generations, have better education, and they must bring about social change. Problems of dowry, addiction, female foeticide will not go away through laws and punishment, we need to change attitudes for eradicating these,” Ms. Patil said.

A lawyer, politician and sports enthusiast, Ms. Patil said that though women's participation in government, the judiciary and other public spheres had improved over the years, there was still need to build confidence and encourage involvement.

“I have seen a new confidence in the eyes of the women in rural areas, in the gram panchayats where women want to do something. The question is who is to empower them. There are schemes for women that need proper implementation, there should be education and information available to them,” she said.

Straightening the country's secular tenets and reverting to the ideology of Mahatma Gandhi, she said, should be part of nation-building.

“I feel very happy that we have carried forward our biggest, vibrant democracy, though there might have been difficulties, but it has been a smooth process. We have to keep intact our communal harmony and that would be our major achievement,” Ms. Patil said.

‘Values being ignored'

Access to quality education, health care and elimination of poverty, she pointed out, should be the goals that the policymakers and the future generations should focus on.

“We have enough schemes but we need to ensure that they reach the last person for whom they are intended. The youngsters need to focus on education and their vocations but they should also pay attention to social values imparted by our traditions, culture and the values preached by Mahatma Gandhi. There is growing consumerism in this country; we need the younger generation to understand human values. We have values of family, looking after ailing, ageing parents; there are traditions like Raksha Bandhan, where the brother promises to protect the interests of the sister; somewhere we feel these values are being ignored and getting diluted. That is another challenge we must face.”

Ms. Patil, who likes to walk around the Mughal Gardens on Rashtrapati Bhavan precincts in her free time and snatches moments to try her hand at her favourite sport, table tennis, wants to continue working for issues related to women and their empowerment after demitting office.

“During my walks around the Mughal Gardens I felt the need to do something to keep it [the estate] clean. That is when we thought of ‘Roshini' [a programme that is intended to make the estate a zero-waste zone] and self-help programmes for the women residents. There is so much to do, things need to be changed or kept properly…” she said, declining to comment on what have been the challenging moments, for her as President.

“There are many memories and memorable experiences, like preparing for a Sukhoi ride,” she said laughing, “but the challenges, I will talk about later.”

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Agencies
March 26,2020

New Delhi, Mar 26: The government on Thursday announced a Rs 1.7 lakh crore stimulus that included free foodgrain and cooking gas to poor for three months, and cash doles to women and poor senior citizens as it looked to ease the economic impact of the nationwide lockdown.

While over 80 crore poor ration card holders will each get 5 kg of wheat or rice and one kg of preferred pulses free of cost every month for the next three months, 20.4 crore women having Jan Dhan bank accounts would get one-time cash help of Rs 1,500 spread over three months.

Over 8.3 crore poor women, who were handed out free cooking gas connections since 2016, will get free LPG refills for the next three months, while poor senior citizens, widows and disabled will get an ex-gratia cash of Rs 1,000.

"Since the lockdown has been in force (since Wednesday) and therefore we have come out with a package which will immediately take care of the concerns and welfare of poor and suffering workers and those who need immediate help," Finance Minister Nirmala Sitharaman said at a news conference here.

The package, she said, is being announced within 36 hours of the 21-day nationwide lockdown announced by the Prime Minister to protect the nation's 130 crore people from the fast-spreading coronavirus. "We do not want anyone to remain hungry."

She hinted at more announcements if a need arises.

"So, today's measures are very clearly aimed at reaching out with food and money that they need to have it in their hands. We will obviously think about other things. I will gradually address if there is more to attend," she said.

The package included advancing the payment of one-third of the Rs 6,000 a year pre-2019 general election cash dole scheme for farmers, government contributions to retirement funds for the next three months of small companies with 90 per cent of staff earning less than Rs 15,000, and a Rs 50 lakh insurance cover to healthcare workers.

For rural workers, the daily wage under the MNREGA employment guarantee programme has been increased to Rs 202 from Rs 182, benefiting 5 crore workers of about Rs 2,000 in all.

India joins countries -- from the US to Singapore -- that have pledged spending to contain the economic fallout of the pandemic that has infected almost 5 lakh people globally and left over 21,000 dead.

The pandemic has infected 649 persons in India and has killed 13 so far.

While the free food grains and pulses would cost Rs 45,000 crore, Rs 2,000 payment to 8.7 crore farmers under Pradhan Mantri Garib Kalyan Yojana will cost Rs 16,000 crore.

The cash to women Jan Dhan account holders will cost Rs 31,000 crore and another Rs 13,000 crore is estimated to be the expenditure for providing free cooking gas.

Sitharaman, however, evaded a reply to questions on how the government will finance the package given that the impact of the closure of businesses across the country will be felt over the next few months and would have a direct bearing on already strained tax collections.

She also did not say if the government will relax budget deficit targets or resort to additional borrowings to fund the programme.

The revised fiscal deficit - the gap between revenue and expenditure - has been put at 3.8 per cent of the GDP in the current fiscal. For the fiscal starting April, the government is targeting a 3.5 per cent fiscal deficit.

"Today's measures are very clearly aimed at reaching out to the poor," she said. "At this stage, I am more concerned about reaching out to those who need help."

With businesses closed during the lockdown, the government will contribute employees as well as employer's contribution to the provident fund for the next three months of companies with up to 100 employees with 90 per cent earning not more than Rs 15,000. The contribution will be a total of 24 per cent of eligible wages.

Also, workers will be allowed to draw a non-refundable advance of 75 per cent from credit in provident fund account or three months salary, whichever is lower, she said.

Sitharaman said the limit of collateral-free loans to 63 lakh women self-help groups is being doubled to Rs 20 lakh, impacting 7 crore households.

The free foodgrain and pulses are over-and-above the existing entitlement through the public distribution system (PDS). The ration card holders can take the foodgrain and pulses from the PDS in two installments, she added.

The government had previously relaxed timelines for meeting tax and other statutory filing requirements as well as allowed companies to divert their philanthropy or CSR funds to support the fight against coronavirus.

These measures and the ones announced on Thursday will be topped up by the expected announcement of interest rate cuts by the Reserve Bank of India (RBI) at its bi-monthly monetary policy review meet slated next week.

Commenting on the package, Anil Talreja, Partner, Deloitte India said the announcements are is expected to give reprieve to the mass sections of the population. "This is a good way to ensure that the poor and needy get what they deserve. It has ensured that the farmers, poor senior citizens, widows and specified sections of the society as well as people who are attached to the healthcare sectors get rewarded for their hard work and sacrifices".

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News Network
June 27,2020

Hyderabad, Jun 27: Ahead nurse working with a state-run hospital here died on Friday while undergoing treatment for COVID-19, a hospital official said.

The nurse, who was due to retire this month-end, tested positive about 10 days ago, he said.

The woman, who had been on medical leave for about 20 days, is suspected to have contracted the virus when she attended a private function in a neighbouring district, he said.

She was treated at the hospital for two days after she was found positive for COVID-19.

However, she was shifted to another government hospital as the symptoms continued unabated and sugar levels were high, he said.

The woman, who had comorbidities like diabetes and hypertension, died today.

Meanwhile, about 20 healthcare personnel, including doctors and paramedical staff, have so far tested positive for COVID-19 at the state-run Gandhi hospital, according to a hospital official.

He also said that there are around 50 patients whose family members have not come forward to take them home though the patients can be in home quarantine.

Family members have cited reasons such as residents not allowing a positive patient to return to the villages and presence of children at residences, for not taking them home, he added.

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News Network
April 21,2020

New Delhi, Apr 21: The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet.

With storage capacity already overflowing amid coronavirus-induced demand collapse, traders rushed to to get rid of unwanted stocks triggering the collapse of US West Texas Intermediate (WTI) crude for May delivery.

Indian Oil Corp (IOC) Chairman Sanjiv Singh said the collapse was triggered by traders unable to take deliveries of crude they had previously booked because of a demand collapse. And so they paid the seller to keep oil in their storage.

"If you look at June futures, it is trading in positive territory... around USD 20 per barrel," he said.

Low oil prices may seem good in short-term but in the long run it will hurt the oil economy as producers will have no surplus to invest in exploration and production which will lead to a drop in production, he said.

He did not comment on retail fuel prices that have been static since March 16.

Oil companies have not changed rates despite a fall in international prices as they first adjusted them against the increase that was warranted from a Rs 3 per litre hike in excise duty and close to Re 1 per litre additional cost of switching over to cleaner BS-VI grade fuel from April 1.

Petrol in Delhi is priced at Rs 69.59 a litre and diesel comes for Rs 62.29 per litre.

"The negative price has no direct impact on India or Indian oil prices, as this has taken place due to crude oil produced and traded within the US. India's prices are driven partly by another benchmark, the Brent, which is still trading at USD 25/barrel. Therefore, the retail price of fuels in India are unlikely to fall," said Amit Bhandari, Fellow, Energy and Environment Studies, Gateway House.

Also, Indian refineries are already overflowing as fuel demand has evaporated due to the unprecedented nationwide lockdown imposed to curb spread of COVID-19. So, they can't rush to buy US crude.

The refineries have already cut operating rate to half because the fuel they produce has not been sold yet.

India imports 4 million barrels/day (1.4 billion barrels/year) of oil. The country has been benefitting from the falling prices of oil for the last five years, when oil dropped from a peak of USD 110/barrel to USD 50-60/barrel last year, enabling India to invest in public service programmes.

"However, the additional USD 30 fall of this week is good for India - but there is also a downside. If oil prices are too low, the economies of oil-rich gulf countries will be hurt, threatening the job prospects of the 8 million Indians working in the Gulf countries. India is the largest recipient of foreign remittances due to these workers – very low oil prices will hurt this cash stream," Bhandari said.

He said the negative price of oil shows how much oil oversupply exists in international markets today. "Global oil consumption has fallen due to the COVID-19 pandemic that traders are willing to pay customers to get rid of the barrels they can't store. The world does not have enough storage capacity, and dumping the oil is an environmental crime."

The first half of April saw Brent crude oil prices plummet 63.6 per cent to USD 26.9 per barrel. Prices of Western Texas Intermediate (WTI), the American oil, had also fallen similarly by 63.1 per cent.

But on April 20, WTI prices turned rapidly negative because traders on the Nymex exchange rushed to offload their May futures positions a day before expiry of contracts (on April 21).

Such WTI futures are traded on the Nymex exchange with contracts settled in physical crude oil. Problem is, those who had gone long are unable to find storage facilities for the oil and had to liquidate their contracts before expiry. This caused the plunge in WTI prices.

Contrast to this, June WTI Nymex futures prices is hovering around USD 21, while Brent for June delivery is at USD 25.

Miren Lodha, Director, CRISIL Research said the demand for crude oil was declining already because of economic slowdown when the COVID-19 pandemic-driven lockdowns crushed it further.

Consequently, oil demand is expected to contract by 8-10 million barrels per day (mbpd) in 2020 assuming demand recovery begins from the third quarter of the year, he said, adding if recovery doesn't happen by then, further demand destruction could occur.

On the supply side, producers reining in output following a strategic deal between OPEC members, Russia and the US.

Under this agreement, OPEC+ would reduce oil production by 9.7 mbpd for May and June, but gradually ease the curb to 7.7 mbpd between July and December 2020, and to 5.8 mbpd till April 2022 to stabilise prices.

"This is expected to reduce some surplus in the market by the end of 2020," Lodha said.

Crude oil demand is expected to decline by over 20 mbpd in April alone. Typically, monthly global demand is about 100 mbpd. Given this scenario, supply curbs would have limited influence.

Consequently, Brent oil prices is expected to be in the USD 25-30 range for the second quarter while increasing marginally in the last 2 quarters of 2020.

"The gigantic inventory build-ups and lack of storage facilities would also put pressure on prices," he said, adding overall Brent could average USD 30-35 in 2020, with a strong downward bias.

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