Major News and Events of 11 February 2014
What Happened on 11 February 2014
Mukesh Ambani, Veerappa Moily and Murli Deora now targeted by Kejriwal over gas pricing
Meeting to take place between Nancy Powell and Narendra Modi at his residence
India exports increase by 3.79% to $26.75 billion in January
Ban on IOA lifted by IOC after 14 months
Installation of GPS in all the buses by February 20 seems impossible task: BEST officials
As many as 16 people died when the sports utility vehicle they were traveling rammed with a speeding truck in Malda district of West Bengal. They were coming back from a wedding. Identification of 13 bodies among those who died was done. Three bodies have not been identified yet as informed by the Malda Superintendent of Police Kalyan Mukherjee. Those who were injured were taken to the Malda Medical College and Hospital. A compensation of Rs 2 lakh to the family of the dead was announced and the government will also look after the medical expenses of those injures. This was informed by the Tourism Minister Krishnendu Narayan Chowdhury. There was a separate accident in Gazole at Malda, where two people died and two were injured when their vehicle hit a truck which was standing on the road.
Delhi chief minister Arvind Kejriwal has targeted Reliance Industries Ltd now. He has furnished a complaint filed by 4 persons to his government regarding gas pricing by Reliance Industries which is led by Mukesh Ambani. Kejriwal stated that gas price rates are not fixed on the basis of cost of production and a condition of artificial shortage has been created. He also added that Reliance Industries was charging two times more for the KG Basin gas and making huge profits out of that by questionable ways. He also said that rise in gas prices has a telltale effect on prices of essential commodities which acts as a burden to the common man. It was also specified that the anti-corruption bureau of the Delhi government has been asked to file an FIR against Murli Deora, former oil minister, Mukesh Ambani, Veerappa Moily, the present oil minister as well as VK Sibal, former director general hydrocarbons. Kejriwal wilkl also be writing to the Prime Minister and the oil minister about the matter. He also blamed the parties for keeping mum on this and also taking bribes prior to the Assembly elections in Delhi.
There has been a turnaround in the behavior of US, Nancy Powell, US ambassador to India, will be meeting Narendra Modi, BJP’s prime ministerial candidate on Thursday morning at his residence in Gandhinagar. This is after he was denied US visa and US shunned him for years regarding the Gujarat riots in 2002. With this US will join the European nations who have already removed the boycott over him. The mood before the Lok Sabha polls is favorable for BJP and Modi so the change in stance is predictable. US though has precious little to do as of now until and unless Modi applies for visa again but meeting with Powell is indeed a green signal for all the barriers to be removed. US change of behavior got a thorough beating on social media sites where people branded it as being opportunist.
The exports in the country has risen by 3.79% and stand at $26.75 billion in January. This was quite helpful for the economy as the trade deficit was reduced by $9.92 billion. In the period between April-January exports increased by 5.71% and was at $257.09 billion. This has created positive impact and Rajeev Kher, the Commerce Secretary specified that if cumulative figures were considered India will reach the export target of $325 billion for the present fiscal ending in March. What was also a point to note here is that imports fell by 18.07% and was $36.67 billion in January. Imports of gold and silver also dipped by 77% to $1.72 billion whereas it was $7.49 billion in similar month last year.
International Olympic Committee or IOC has lifted the 14 month Olympic ban on India. This was after a new body was elected in power by the Indian Olympic Association (IOA) in a fair election. IOA had not included the tainted officials in the elections which led to the Executive Board of IOC include IOA. This was decided in a meeting in Sochi. In the IOA election N. Ramachandran, who is the World Squash Federation chief was elected as president. He is the younger brother of BCCI chief, N. Srinivasan. IOC took this decision after its three observers were convinced of fair play in the elections and it was also stated that the amended constitution of IOA if implemented in totality was one of the best in the world.
Science and Technology
The transport ministry has given directive to the officials of the BEST buses to install GPS in the buses by February 20. The transport officials are finding this difficult as they specify the government has not given them any undertaking regarding that which is making the task impossible to carry on within the stipulated timeframe of 10 days. As per Om Prakash Gupta the General Manager of BEST, specific guidelines should have been there which is missing. Till now 1500 buses have been installed with the GPS devices but for the rest of the buses the task seems difficult. It has been decided by the transport ministry that all the cities which have more than 10 lakh population should have GPS in the public buses or else they have to face action and the timeframe given earlier was September 30, 2013 which was extended to February 20, 2014.