Hillary, Mamata likely to discuss FDI, Teesta treaty

May 6, 2012

hilry


Kolkata, May 6: As US Secretary of State Hillary Clinton meets West Bengal's first woman Chief Minister Mamata Banerjee Monday, discussions on foreign direct investment (FDI) in retail and India-Bangladesh ties are expected to be high on the agenda.

Clinton arrives for her second ever visit to Kolkata Sunday. She will meet Banerjee at the state secretariat the next day, with the illustrious Time Magazine listing them as two of the most influential people in the world.

Speculation is rife that Hillary - who is to meet Banerjee just a day after her meeting with Bangladeshi Prime Minister Sheikh Hasina - would raise the issue of the Teesta Water Treaty between India and Bangladesh, which was sent into cold storage due to Banerjee's opposition last year.

According to senior officials of the US administration, discussions over India-Bangladesh ties and trade ought to come up in the discussions as West Bengal will be the main beneficiary of strong India-Bangladesh ties.

The Teesta treaty was proposed to be signed during Prime Minister Manmohan Singh's trip to Dhaka last year. But the signing was scrapped following Banerjee's last minute opposition to the quantum of water to be shared with Bangladesh.

The issue of FDI in multibrand retail and other economic reforms are likely to come up at meeting. Discussions over US investment in West Bengal would also be on the discussion table.

"The visit may lead to increase in potential American investment in the state. This would be a good opportunity to discuss potential investment in fields like IT or biotech where land requirement is comparatively less," said political analyst Sabyasachi Roychowdhury.

This will be Clinton's second visit to the city after her presence at Mother Teresa's funeral in 1997.

Security has been beefed up in the city including the state secretariat and the governor's house.

Two Federal Bureau of Investigation (FBI) teams have visited both venues.

With a brush of new paint and colourful electrical lighting, the state secretariat is gearing up to welcome Clinton.

Street lamps in and around the Writers' Buildings and governor's house have been fitted with new bulbs.

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News Network
February 28,2020

New Delhi, Feb 28: The months of March, April and May are "likely to be warmer than normal" over northwest, west, central and parts of south India, the India Meteorological Department said today in its summer forecast.

Above normal heat wave conditions are also likely in the core heat wave (HW) zone during the season (March-May), the weather department said.

The core heat wave zone covers the states of Punjab, Himachal Pradesh, Delhi, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh Gujarat, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, West Bengal, Odisha and Telangana and parts of Maharashtra and coastal Andhra Pradesh.

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News Network
February 27,2020

New Delhi, Feb 27: Congress leader Priyanka Gandhi Vadra on Thursday attacked the government over the transfer of Delhi High Court Judge S Muralidhar, saying the Centre's attempts to "muzzle" justice and "break people's faith in an upright judiciary are deplorable".

Delhi HC Judge S Muralidhar was transferred to the Punjab and Haryana High Court, days after the Supreme Court collegium made the recommendation.

"The midnight transfer of Justice Muralidhar isn't shocking given the current dispensation, but it is certainly sad & shameful," Priyanka Gandhi tweeted. "Millions of Indians have faith in a resilient & upright judiciary, the government’s attempts to muzzle justice & break their faith are deplorable," she said.

The judge was hearing the Delhi violence case and the late evening notification came on the day when a bench headed by him expressed "anguish" over the Delhi Police's failure to register FIRs against alleged hate speeches by three BJP leaders.

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Agencies
July 15,2020

New Delhi, Jul 15: Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for up to five years, according to an official order.

The airline's board of directors have authorised its Chairman and Managing Director Rajiv Bansal to send employees on LWP "for six months or for a period of two years extendable upto five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy", the order said on Tuesday.

The departmental heads in the headquarter as well as regional directors are required to assess each employee "on the above mentioned factors and identify the cases where option of compulsory LWP can be exercised", stated the order dated July 14.

"Names of such employees need to be forwarded to the General Manager (Personnel) in headquarter for obtaining necessary approval of CMD," the order added.

In response to queries regarding this matter, Air India spokesperson said,"We would not like to make any comment on the issue."

Aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries due to the coronavirus pandemic. All airlines in India have taken cost-cutting measures such as pay cuts, LWP and firings of employees in order to conserve cash flow.

For example, GoAir has put most of its employees on compulsory LWP since April.

India resumed domestic passenger flights from May 25 after a gap of two months due to the coronavirus pandemic.

However, the airlines have been allowed to operate only a maximum of 45 per cent of their pre-COVID domestic flights. Occupancy rate in Indian domestic flights has been around 50-60 per cent since May 25.

Scheduled international passenger flights continue to remain suspended in India since March 23.

The passenger demand for air travel will contract by 49 per cent in 2020 for Indian carriers in comparison to 2019 due to COVID-19 crisis, said global airlines body IATA on Monday.

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