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Major News and Events of 16 September 2012

What Happened on 16 September 2012

Trinamool to take 'hard decision' if no response from center after 72 hours

The Trinamool Congress stated that it may be compelled to take a "hard decision" if the UPA government did not change its stance on allowing FDI in retail and the hike in diesel price.Trinamool leader and Minister of State for Urban Development Saugata Roy said party chief Mamata Banerjee will hold a meeting of the parliamentary party to decide on the final action on the issue. On September 14, Mamata Banerjee had given the government 72 hours regarding cancellation of diesel price hike, the limited supply of LPG cylinders and introducing FDI in retail. If no response is there then the Trinamool Congress will have to resort to hard decision.

Left Front calls 12 hour strike in Bengal which will coincide with Bharat Bandh

United Progressive Alliance (UPA) government has declared a war against people that is what the West Bengal's opposition party, Left Front feels and in response to that has called for a 12-hour strike to protest against hike in diesel price and allowing foreign direct investment (FDI) in multi-brand retail.The strike would begin at 6 a.m., the strike would continue till 6 p.m. as specified by Left Front chairman Biman Bose. This would be on the same day as the country-wide protest called by the Left and other non-Congress parties on Thursday, September 20. The industrial and commercial establishments, offices, courts and markets across West Bengal may be affected with this.

RBI may have surprise in store with rate cuts

After a spurt of reforms announced by the government, the Reserve Bank of India (RBI) may have some surprise in store for the markets Monday with some relaxation in policy rates. According to some analysts the recent rise in inflation may act as a deterrent but majority of them feel the government might ask the RBI to do this for the sake of growth. India's core inflation, based on wholesale prices, spiked to 7.55 percent in August as compared to 6.87 percent in the previous month. As per the RBI a 4-5 percent inflation level is comfortable.

Greater healthcare allocation needed for the country: President

President Pranab Mukherjee in support for allocation of more funds for the healthcare sector, stated the budgetary provisions were not sufficient to meet the demands.Health budget has risen from Rs.8,000 crore in 2004-05 to around Rs.26,700 crore in 2011-12 but this was still inadequate, the president said this at the inauguration ofSanjiban, a multi-speciality hospital in Howrah district. He praised the National Rural Health Mission for reaching out to villagers to some extent. He further added that the central and state governments along with the local civic agencies offer funds for only 20 percent of the healthcare expenditure. It was necessary that the private sector came forward to provide quality healthcare.

Decision on Bhupathi-Bopanna a strong message: AITA

The All India Tennis Association (AITA) stated that it has conveyed a strong message that discipline will not be tolerated by banning Mahesh Bhupathi and Rohan Bopanna till June 2014. AITA secretary general Bharat Oza specified that it was a lesson and not a ban for the two players, who had protested against the association's decision of pairing them with Leander Paes for the 2012 London Games. These two players will have to wait till 2014for selection in the Asian Games in South Korear. AITA is also in the process of formulating a model code of conduct which would be in practice in two-three months.

I don't recommend anyone for 'Bigg Boss': Salman Khan

Bollywood superstar Salman Khan,who will be the host of Color's show "Bigg Boss" for the third time said he has no role to play in the selection of the contestants for the show. He stated that he didn't want to be biased and he came to know of the selections at the last moment. The sixth season of the show and will be aired at 9 pm daily on the channel from Oct 7. This time a pet parrot and a fish has been added to the format and common people will get a chance to be a part of the show.

Memmoo, a social network mobile to launch in Kerala

Britain's KloudPaD, a mobile electronics convergence brand, is all set with its non-GSM based wireless open phone memmoo network for consumers in Kerala. Being the world's first social network mobile phone without a GSM architecture it involves one tenth cost of existing mobile networks. Known as the memmoo network it is an open network and works on all mobile handsets using a combination of FM radio and wireless radio frequency.This was announced at the Emerging Kerala event. The operations will be set up at the Start Up Village in Kochi. US Military uses this technology and it is being brought in the commercial market for the first time.

FAQs and Answers on Indian History and Geography
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