Russia set to turn screws on India

August 14, 2012

RI14v

New Delhi, August 14: If the government decides to bring Kudankulam's third and fourth units under the purview of the nuclear liability law, which makes suppliers liable for compensation in case of accidents, Russia will mount double pressure on India.

Russia will not only increase the cost of the reactors, but also seek a change in the conditions for the credit line being provided by it to build them. Russian officials have warned that any "negative influence" on the 1988 agreement for the first and second unit and the 2008 civil nuclear cooperation agreement could jeopardize collaboration for nuclear power plants between the two countries. "We are still hopeful that a way out will be found for implementation of the roadmap of civil nuclear cooperation between the two countries as per these agreements as that is what PM Manmohan Singh had assured Russian deputy PM Dmitry Rogozin when he called on him recently," a Russian government source said.

"There is some concern though about what is happening and if indeed nuclear liability law comes into play, not just the cost of the reactors will shoot up significantly but the terms and conditions for the credit line being extended for the reactors too will have to be changed," he added. The two nations recently signed a protocol for financing the third and fourth units under which Russia will offer an export credit line of close to $3.5 billion for the two pressurized water reactors. The amount is payable in 14 years, from the start of power generation, at 4% interest per annum.

With Russia insisting all along that work on the third and fourth units, too, be carried out under the 1988 agreement between the two nations, which has ensured immunity for Kudankulam 1 and 2 from the liability law, the government has been in a bind over how to move ahead on the "third-generation" nuclear plants being built by the Russian-owned AtomstroyExport.

The government now seems to have made up its mind with PM Manmohan Singh himself said to be not keen to waive off the right to recourse for Kudankulam's third and fourth units.

Now, matters seem to have reached a head, but the Russian ambassador to India, Alexander Kadakin, had warned in March that Russia and India entered into nuclear cooperation only on the basis of deals signed in 1988 and 2008. "We have tried to accommodate India's interests with same terms of credit and we expect that the same conditions will be applicable," he had said.

Singh recently sought to know from DAE who would pay in case of any accident at the new plants at Kudankulam. Not satisfied with the DAE explanation that India's international agreement with Russia would take care of liability issues, he then sought the views of the law ministry.


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News Network
July 1,2020

Patna, July 1: A wedding ceremony in rural Patna a fortnight ago where the groom was running high fever, two days before he died and his body cremated without being tested for COVID 19, appears to have set off the biggest infection chain in Bihar so far, health department officials said on Tuesday.

More than 111 people have tested positive in Paliganj sub-division of Patna district, about 55 km from the state capital, in the last few days, out of over 350 who have been tested upon contact tracing, they said. Fifteen of his relatives who attended the wedding tested positive for the contagion and apparently infected others.

The officials, who requested anonymity, said the groom was a software engineer based in Gurugram and had returned home for his marriage in the last week of May. A few days after the ''tilak'' ceremony, he started showing symptoms of the disease.

On June 15, the date of wedding, he was running high fever and wanted the ceremony to be deferred, but relented upon the insistence of family members who made him swallow paracetamol tablets and go through the rituals.
On June 17, his condition deteriorated significantly and family members made a dash to AIIMS, Patna, but he died on the way.

The body was cremated in a huff, without the authorities being informed. But somebody telephoned the district magistrate and narrated the whole episode. All close relatives of the deceased, who attended the ceremony, were tested on June 19. Of them 15 tested positive, the officials said.

As a measure to contain the spread of the disease, a special camp was set up at the village where the marriage took place on June 24-26 during which samples of 364 people were collected. Of them, 86 tested positive, the officials added.

The sudden explosion of the dreaded coronavirus has triggered panic in the area. Although most who tested positive were asymptomatic, they have been admitted to isolation centres in Bihta and Phulwarisharif.

Block Development Officer Chiranjeev Pandey said Meetha Kuan, Khagari Mohalla and parts of Paliganj Bazaar have been sealed for thorough sanitisation.

Patna district happens to be the worst-affected in Bihar with 699 confirmed cases till date and five casualties, according to figures provided by the administration. The number of active cases is 372.

On Monday, when the state witnessed its biggest single day spike with 394 cases, Patna district accounted for more than 20 per cent of these. About eighty cases were reported from Paliganj alone.

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News Network
May 22,2020

New Delhi, May 22: Reserve Bank Governor Shaktikanta Das on Friday extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.

In March, the central bank had allowed a three-month moratorium on payment of all term loans due between March 1, 2020, and May 31, 2020.

Accordingly, the repayment schedule and all subsequent due dates, as also the tenor for such loans, were shifted across the board by three months.

As a result of this moratorium, individuals’ EMI repayments of loans taken were not deducted from their bank accounts, providing much-needed liquidity.

The EMI payments will restart only once the moratorium time period expires on August 31.

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News Network
April 9,2020

Thiruvananthapuram, Apr 9: Kerala, which was among the first state in the country to report a Corona positive case, has turned its entire public healthcare system into a single interconnected grid to generate uninterrupted information and provide flawless services, thanks to the daily zoom or video conferences of top health authorities for chalking out a dynamic strategy to tackle the COVID-19 pandemic.

The daily zoom or remote conferences held by Health Minister K K Shailaja and top health sector officials with the medical and paramedical personnel on the ground have lent a cutting edge to the state government’s all out efforts in monitoring the situation on the ground and formulating effective responses to address the various needs and concerns of the people, an official release said on Thursday.

The Minister is joined in this meticulous exercise by top administrators and planners, including Dr Rajan N Khobragade, Principal Secretary, Health; Dr. Rathan U Kelker, State Mission Director, National Health Mission, Dr Saritha, Director of Health Services, Dr Ramla Beevi, Director of Medical Education and other senior officials.

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