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Major News and Events of 18 September 2012

What Happened on 18 September 2012


Trinamool withdraws support to UPA

Trinamool Congress withdrew its support to the UPA government though a last minute compromise may still be possible. The decision was taken after a three-hour meeting of party leaders in Kolkata. Mamata Banerjee told the media that Trinamool's six ministers -- one cabinet and five ministers of state -- would tender their resignations to Prime Minister Manmohan Singh in New Delhi on Friday, September 21. She stated her party cannot be a part of anti-people decisions. They had expectations that the government would roll back their decisions. But nothing of that sort happened and according to her the government has lost its credibility. Banerjee is willing to give the government another chance and said that she will reconsider withdrawal of support if the government rolled back its decision to allow foreign direct investment (FDI) in multi-brand retail, slashed the hiked diesel prices by Rs.3, and increased the number of subsidised cooking gas cylinders each household can get in a year to 12. Congress said it still viewed Trinamool as its ally. Trinamool was the second largest constituent in the multi-party UPA with 19 seats in the 545-seat. Now UPA will have to depend on the support of the Samajwadi Party and Bahujan Samaj Party, which offer outside legislative support to the UPA government.

Coal India all poised to sign modified FSA with power firms

Public sector Coal India Limited (CIL), the largest coal miner in the world, announced that it is now all set to sign the modified Fuel Supply Agreement (FSA) with power firms on the cost-plus basis as the final draft of the model was approved by the board. The model has been referred to Central Electricity Authority (CEA) and independent power producers (IIPs) and CIL specified that it was waiting for customers' feedback on price pooling mechanism. In the cost plus model imported coal is provided at its actual cost.

UPA's style of functioning not right: SP

Just after the Trinamool Congress announced its withdrawal of support to the UPA government, the Samajwadi Party said the way Congress-led government was functioning was not right. That was the reason Trinamool withdrew its support. The party leader Ram Gopal Yadav statedthe Congress was acting as if it had two-thirds majority.SP along with Left, Biju Janata Dal and Telugu Desam Party will join in a protest on Sep 20 against recent decisions of UPA government.

Odisha gives go ahead to industrial projects worth Rs.26,000 crore

Industrial investment proposals worth Rs.26,076 crore in Odisha got approved by a high level committee led by Chief Minister Navin Patnaikon Tuesday, September 18. This includes a mega project worth Rs.16,345.89 crore by state-run National Aluminium Company Ltd (NALCO).The projects got its approval by the High Level Clearance Authority (HLCA), the state's highest approval body.Nalco will set up a 0.5 mtpa smelter plant and a 1,260 mega watt capacity captive power plant in the district of Sundergarh costing Rs.16,345.89 crore. Among other projects there is a 12 million tonne per annum iron ore benefication plant and a 4 mtpa pelletisation plant in the district of Keonjhar by Bhusan Steel, a coal-based ammonia plant at Paradip in Jagatsinghpur district by Chennai-based Bharat Coal and Chemicals Ltd.

AITA gives a strong reaction to Bhupathi's charges

The All India Tennis Association (AITA) reacted strongly to the chargesleveledat it by tennis star Mahesh Bhupathi. AITA said that the player was free to take a legal action against the association.The senior executive committee member of the AITA, Hiranmoy Chatterjee, specified that the association was right in sidelining Bhupathi and Rohan Bopanna from playing in the national team till June 2014. It also stated that the decision was takenby the ethics committee according to rule 36 (A2) of the constitution. Chatterjee said that Bhupathi wanted "to be a selector, player and an administrator at the same time." AITA was right in conveying the message that the indiscipline will not be tolerated.

Femina Miss India pageant gets into 50th year

The Femina Miss India beauty pageant started the celebrations of its 50 years. At the event the first Miss India Meher Castellino, was joined by other former Miss India. Meher said it seemed likeyesterday that she had won the contest. She said had been watching all the contests and whenever she guessed the winners 80 percent of the time she was right. The present Miss India World Vanya Mishra said that it was her childhood dream to be a Miss India.

Dual technology handsets by MTS starting at Rs.6,000

Sistema Shyam Teleservices (SSTL), the telecom service provider offering the mobile services under the brand name MTS announced that it will be launching handsets supporting CDMA as well as GSM connections next month. This would be in the price range of Rs.6,000 to Rs.12,000 as stated by Lenny Musatov, chief marketing and sales officer at Delhi. There were 1.7 million data subscribers for its services at the end of June 2012. MTS gets about 26 per cent of its overall revenues from data services.




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