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Major News and Events of 04 December 2012

What Happened on 04 December 2012


Cash transfer to be put on hold in Himachal, Gujarat: EC to government

The Election Commission (EC) on Tuesday conveyed its concern regarding the government's announcement of direct cash transfer and directed that it should be on hold in Gujarat and Himachal Pradesh where the elections were due. The poll panel in strong words conveyed in the letter stated to the Cabinet Secretary Ajit Seth that it "expects that such announcements during Model Code of Conduct operation are avoided".The EC further specified that the government's reply regarding the Aadhaar-based Direct Cash Transfer scheme was "silent with regard to the justification sought by the commission as to the necessity of announcement of the scheme at this juncture, when the model code of conduct is in operation in Gujarat and Himachal Pradesh".The EC instead of looking into the merits of the policy decision want to focus on whether such an announcement can have an effect on the elections and "whether it will disturb the level-playing field".

Kejriwal blames Modi of favoring companies

Aam Admi Party (AAP) leader Arvind Kejriwal blamed Gujarat Chief Minister Narendra Modi of offering undue favors to corporate companies and also said that the image which he projected of himself being honest was wrong. He also accused the Congress of not revealing the alleged wrongdoings of Modi, he also stated that they were hand in gloves in the crime. Kejriwal blamed Modi of "buying peace with the Congress and the judiciary" by offering them land at concessional rates. Modi has supposedly shown special favors to the Adani Group and agreed to purchase power from the company at a rate double of what was offered by Gujarat Mineral Development Corporation as per Kejriwal.Kejriwal said that Modi had offered land to the Adanis in Kutch area at throwaway prices.

FDI proposal worth Rs.27.72 crore approved

The government has given approval for foreign direct investment (FDI) to the tune of Rs.27.72 crore at the seven and deferred six proposals.The proposal of induction of Rs.27.72 crore of overseas investment in the Delhi-based Bhartiya Samruddhi Investments and Consulting Services has got the nod based on the recommendation of the Foreign Investment Promotion Board (FIPB).

Opposition, allies criticize FDI in parliament debate

The opposition slammed the economic move in parliament and called it anti-people and a move which was a sell out to multi-nationals. The UPA defended this by stating that the states had option to implement it or not and termed the debate "totally political".In the four-hour debate leaders from the main opposition BJP and Left, as well as allies Samajwadi Party, Bahujan Samaj Party (BSP) and DMK, and erstwhile ally the Trinamool Congress, lashed criticism on FDI in retail. The SP and BSP mentioned the name of Mahatma Gandhi and swadeshi movement to request the Congress-led UPA government to roll back the policy that will enable multi-nationals like Wal-Mart and Carrefour set up shop in India. Since the allies are also questioning the FDI in retail, question arises which way the vote will go in parliament on Wednesday.

IOC suspends India

India got suspended by the International Olympic Committee (IOC) for Indian Olympic Association's (IOA) failing to organize independent elections.This was decided at the IOC executive board committee meeting on the eve of the IOA elections. India is now in the same group of countries like Iraq, Kuwait and Afghanistan who have been suspended for different periods.This means IOA will not get funds from the IOC and its officials and will be banned from attending Olympic meetings and events. Indian athletes will also be restricted from taking part in Olympic events under their national flag but can participate under the Olympic flag.IOA president Vijay Kumar Malhotra opined that the IOA cannot go against the government, the court or the IOC. He stated,"We can only now hope to create an atmosphere where all three come on the same page to find a solution."

Madhuri Dixit launches mobile app

After she launched a personal website, Madhuri Dixit has gone ahead and launched a mobile application which is available on all iOS devices. She thinks an app is great way to stay connected with her fans as mobiles can be carried anywhere.The application will be available on all iOS devices (iPhone, iPad, and iPod), and users can see her pictures, videos and exclusive content on beauty, fashion and dance. Soon the Android version will be launched.

Indicon 2012 to be hosted in Kochi

Kochi will be hosting the largest conference of the Institution of Electronics and Electrical Engineers (IEEE) - Indicon 2012 from Dec 7 to 9. 500 delegates from different parts of the world, including some of the esteemed professionals in computational sciences and engineering will come together in this conference. IEEE India Council, IEEE Kerala section and IEEE Kochi sub-section are jointly organizing this. IEEE, a 125-year old global fraternity of engineering professionals, has its headquarters in the New Jersey, US and sections spanning over 160 countries. It has 400,000 members around the world, and over 30,000 members in India.




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