Major News and Events of 07 March 2014
What Happened on 07 March 2014
SC asks BJP and Congress whether they will form government at Delhi
Kejriwal does not get to meet Modi
Government will fix the inflation target: Chidambaram
F1 in India, is it dead end?
Nokia X, the Android device will be available on March 15 at Rs 8500
It is ironical to note that Women’s day being tomorrow and since there has been so much talk on women’s empowerment but the bill which aims for 33% reservation of seats in the parliament for women has lapsed again as the Lok Sabha in its 15th edition held its last session prior to the polls in April and May. Incidentally this is the 4th time the bill has lapsed. If passed it would have reserved 390 out of 2060 seats in the Parliament for the women as well as in the state assemblies. The bill was passed by the Rajya Sabha on March 9, 2010. The bills introduced in the Rajya Sabha and those which remain pending do not lapse when the Lok Sabha’s term ends as per the article 107 of the constitution. 68 bills are scheduled to lapse and this also includes 50% reservation for women in panchayats which would have meant 14 lakh seats for women. When the next government is formed the process will have to be initiated again, right from introduction to getting the bills passed in Rajya Sabha and the Lok Sabha.
The Supreme Court Friday sent notice to the Congress and the BJP regarding whether they would like to form an alternate government in Delhi. The Supreme Court bench led by Justice R.M. Lodha sent the notice. Arvind Kejriwal had earlier filed a petition in the apex court wherein he had specified that if the assembly was kept in suspended animation then this situation would be in vogue for one year which entailed to Delhi people not getting a democratically elected government. The court was also told that this was done with the purpose of indulging in defections among the present legislative groups of various political parties. In fact AAP had challenged the presidential announcement of letting Delhi assembly be in suspended animation.
Arvind Kejriwal was not given appointment by Narendra Modi to meet him. Kejriwal was recently targeting Modi and suddenly announced he wanted to meet Modi so as to discuss issues related to gas pricing and development matters in Gujarat. Today morning Kejriwal along with Manish Sisodia went to Gandhinagar to meet Modi. They were stopped at a distance of 5 km from the CM’s residence by the police. They were then told that an appointment with the CM will be required and so Manish Sisodia went with the police officers to the CM’s office. To which the response was given that CM’s office will give a reply in two or three days. Kejriwal then moved to Jaipur and stated that Modi did not have time to meet a common person like him and also that he was not answering his questions but was only delivering speeches. He also stated that Modi should come clear on the gas pricing aspect why the Gujarat government wanted it to be $16 whereas the UPA government had given a go ahead of $4 to $8.
Finance Minister P. Chidambaram has specified that the government is entitled to set in the inflation target for the country while the Reserve Bank of India will be instrumental in implementing the decision. This was informed in the joint news conference which was held with the Reserve Bank of India governor. This follows the comment by the RBI panel in January where it proposed to shift the inflation target to 4% in 3 years with a scope of 2% on either side which was much below the present levels. This caused apprehensions as it may have clashed with the pro-growth approach of the finance ministry. RBI also sent surprise to the investors when it raised the interest rates by a quarter percentage points in January making it its 3rd hike in 5 months. Later on RBI Governor Raghuram Rajan had stated that the final say in the matter lay with the government and parliament regarding the decision to fix an inflation target.
Formula One event will kick start in Melbourne for the 2014 season but the scene here in India for F1 appears grim. It has been announced by the F1 management that the event will not return to India in 2015 and chances are there for it to come in 2016 provided the obstacles like bureaucracy, finances and tax issue are solved. There has not been much development for this sport here in the country which has not even got recognition as sport. Further the organizers, Jaypee Sports International Limited (JPSI) have their financial woes. The race hosting fee of more than $40 million has to be paid to the Formula One Management (FOM). Along with that it has to do a payment of Rs 10 crore each year to the National Sports Development Fund among other payments. The organizers are looking for some concessions from the government to carry on this event.
Science and Technology
Nokia X, the Android phone by Nokia will hit Indian markets on March 15. The device comes at a price of Rs 8500. The mobile is featured in the list at The Mobile Store’s website. On March 10 there will be a launch event hosted by Nokia for the device. There are 3 Android devices in the X series announced by Nokia, X, X+ and XL. The 1st two have 4” screen with 800×480 resolution while the XL version has 5” screen. Nokia X and X+ will have Snapdragon S4 SoC and a dual-core 1GHz processor. X will have 512 MB RAM while the X+ has 768MB of RAM. Internal memory in both the phones is 4GB expandable up to 32GB. The phones have only a 3 MP camera at the back and no front camera. Battery is 1500 mAH. Noka XL will have 5MP camera primary and 2 MP secondary camera as well as Snapdragon S4 processor. The phones will also feature login and app data of Microsoft’s cloud services.