Major News and Events of 02 November 2013
What Happened on 02 November 2013
Modi visited the families of blast victims
Kohli got out quickly in India vs Aus series
Chidambram expects economic revival
MCX-SX new Chairman - Gopal Krishna Pillai
The Mars Orbiter is scheduled to launch on Tuesday
More strict security is recommended for Chief Minister Oommen Chandy and his Cabinet colleagues by the United Democratic Front (UDF) liaison committee on Friday. The recommendation has been made due to much anticipated violent acts of the Left Democratic Front (LDF) and the Communist Party of India (Marxist) or CPI(M) against the party. In a main change in its attitude, the UDF leadership showed a political direction to the Home Department for taking steps in removing Marxist supporters in the police force in Kannur district. Most of them have been posted there during the rule of LDF. P.P. Thankachan UDF convener said while addressing a press conference that the CPI( M) and the LDF were making preparations for violent act. He gave the example of violent attacks on Congress office in Kannur. He demanded that the Opposition coalition must withdraw its stand. As per the recommendation by UDF the government might increase the security of the Chief Minister to ‘Z’ category. Home Minister Thiruvanchoor Radhakrishnan was also present at the meeting and given a brief on the condition in Kannur district. Police was criticized for not providing adequate security to the Chief Minister.
Narendra Modi, prime ministerial candidate of BJP visited the four families of the six victims of the Patna serial blasts that happened the last week. After visiting the families he addressed the press conference and said that purpose of his visit is to share the pain of the families who had lost their family members in the blast. BJP rally was attacked by terrorists. In this attack many innocent citizens of Bihar died. Modi was not able to meet the two families because of bad weather that did not allow helicopter to take off on time. Because of the delay they could not land in two places. He also said that people of Bihar had shown endurance and tranquility in such a sad situation.
India vs Aus match started after rain but with a changed course. India’s much in-form batsman Virat Kohli (0) and Shikhar Dhawan (60) got out very quickly after the match was resumed. Rohit Sharma scored 50 from 71 balls which included a six and three fours. Virat Kohli was run out in the 20th over. India was at 107/0 in 17 overs when the rain interrupted the match.
The match was played at the M Chinnaswamy Stadium in Bangalore. Because the delay was very short so there is no readjustment in the number of overs. India started very well as Dhawan made quick fifty off 43 balls. Good partnership was displayed by openers Rohit Sharma and Dhawan. Both of them brought hundred in just 15th over and fifty in the seventh over. This makes their sixth 100-run stand in the matches that they have opened together. Australian captain George Bailey won the toss and chose to bowl. It is expected that this match is going to be high-scoring match as the ground has a very good pitch for batting. Australia has sent back its main bowler Mitchell Johnson to prepare for the Ashes series against England. The series is going to start by the end of this month. In Indian team Amit Mishra has been replaced with R Vinay Kumar.
Finance minister P Chidambram said that inflation and investment are still a challenge in spite of recent positive data in crop production. Chidambram held a news conference after stock market went up. He said that the government is capable of managing the present account deficit at $60 billion or below. Earlier estimates made by the Finance Minister were $70 billion and the present figures are even lower. The increasing gap of the current account deficit had badly hit the rupee which had forced the government and the central bank to take series of strict measures to bring back the financial markets.
Though he has not made clear the possibility of any green shoots of recovery in the economy, but Chidambram has said that many businessmen had told him the improvement in many sectors. He advised India Inc to make investment instead of sitting on idle cash. This will help in reviving the economic growth. He is confident that measures taken by the RBI and government would moderate the economy. According to the Government data, output of the key infrastructure sector grew by 8% in September. This is giving a hope of improvement in industrial growth. Exports have gained momentum and government is also taking the required steps for gold imports. But growth is the slowest in a decade's period i.e. it is 5% in 2013-14. The growth is expected to be the same in the present fiscal year as well. According to the experts, rural economy will get boost from the rebounding agriculture sector and this will also give boost to the overall economy of the country.
Gopal Krishna Pillai IAS (Retd.) has been appointed as a Chairman and Thomas Mathew T., as Vice Chairman of the Board of Directors by MCX Stock Exchange (MCX-SX). Election of the Chairman has been approved by SEBI. Renewal to the exchange has also been granted by SEBI last month. Pillai earlier was working in the Indian Administrative Services (IAS). He is a retired Home Secretary to the Government of India. He is from the state of Kerala and cadre of the 1972 batch of IAS. While working he was appointed at various positions in the State Government of Kerala and the Central Government. He held many prestigious positions while in the Central government such as he worked in the Ministry of Defence, Ministry of Surface Transport and in the Ministry of Home Affairs. Whereas Mathew has the experience of 36 years in life insurance industry in India. He retired as current-in-charge Chairman of Life Insurance Corporation of India.
Science and Technology
The country’s much awaited Mars Orbiter Mission will take off as per the plan this Tuesday, on November 5, at 2.38 p.m. The flight has been cleared by the Launch Authorisation Board. Before clearance, ISRO finished a dry run or practice to check the launch readiness of its mission control staff and centres. The 1,350 kg spacecraft that will carry out five experiments is scheduled to be flown on a PSLV vehicle from the Sriharikota launchpad. It will be ejected into space after 53-minute journey. Ejection will be done somewhere over the South Pacific area. Following this, the spacecraft will follow a specific path or trajectory around the Earth for the next 25 days. Navigation scientists and engineers have been deployed along with tracking terminals on two ships to the South Pacific. They will capture the details of all the significant moments. On 30 November, the spacecraft will leave the Earth’s pull and head towards Mars. It will take 300 days to reach Mars. Its schedule date to reach Mars is September 24, 2014. The orbiter will then remain there for the period of six months.