Citizens' Issues
PIL in Gujarat HC challenges Sonia's photos in Union Government ads

The petitioner has claimed that a president or chairman of any political party has no constitutional position and hence his/her images should not be used in government ads

 
Ahmedabad: A public interest litigation (PIL) has been filed in the Gujarat High Court seeking a prohibition order on Central government's advertisements carrying photos of United Progressive Alliance (UPA) chairperson Sonia Gandhi, who does not hold any constitutional position, reports PTI.
 
Dhaval Shah, a resident of Ahmedabad, has sought the Court's directions to the Ministry of Information and Broadcasting and the Ministry of Statistics and Programme implementation to stop publication and withdrawal of advertisements being published and telecast in the state ahead of the elections.
 
The said advertisements, showing Sonia's photographs are titled as "Twenty Point Programme and Central Sector Projects Contributing to Gujarat's Overall Development".
 
The petitioner has claimed that a president or chairman of any national/regional party be it Congress, Bharatiya Janta Party (BJP) or any other political party has no constitutional position.
 
"In spite of the aforesaid fact, in every publication of the Central Government, the photographs of Sonia Gandhi are prominently projected. These photographs are advertised from the funds of Central Government," reads the petition which is likely to be heard soon by the court.
 
"The action of the Council of Ministers headed by Prime Minister in projecting the achievements of Government with the photograph of other person who has no constitutional position, who was neither Prime Minister, nor a Cabinet Minister nor the President of India, cannot be permitted to be continued," a petition filed yesterday through advocate Vijay Patel, who was a former BJP MP, said.
 

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COMMENTS

M G WARRIER

4 years ago

This is a wider issue media also should take cognizance of and debate. Governments in power and the political parties and others who are able to silence law enforcement arms do misuse or misinterpret ‘law’ to their advantage. A cartoonist was arrested for basing his drawings on a national symbol. But, how many times tricolor is used to the advantage of political parties including Congress? Even the use of tricolor as flag by some political parties does not add respectability to National Flag.

PPM

4 years ago

The present Congress(I)party is Congress Italiano and all the party members are slaves to Antonia Edvige Albina Maino & family.

Monsoon revival may benefit rabi crop output

Improvement in rainfall since August has lifted water reservoir levels to above normal levels and this would benefit rabi or winter crop output, Morgan Stanley said

There has been significant improvement in rainfall in the second half of the monsoon season—but the cumulative rainfall has still been 7% below normal with about 91% of the monsoon season over. While this may affect the kharif or summer crop output in India, the revival in monsoon would help rabi or winter crops as late rains has lifted water reservoir levels to above normal levels, says Morgan Stanley Asia.

 

In a report, the securities, asset management and credit services provider, said, “...the cumulative rainfall has still been 7% below normal with about 91% of the monsoon season over. We believe this, coupled with poor distribution trends (temporal as well as spatial), will affect the summer (Kharif) crop output (harvesting for which will take place in September-October 2012). Summer crops are estimated to account for about 50% of full-year agricultural production. The impact of the weak summer crop will be reflected in agricultural production for the quarter ending September and December 2012.”

 

On an all-India area-weighted basis, cumulative rainfall improved to 7% below normal up to 14th September compared with 9% below normal as of the week ended 5th September. Rainfall for September so far (until 14th September) has been 28% above normal compared with 0.2% above normal for August, 13% below normal for July and 29% below normal for June. With regard to spatial distribution, on an unweighted basis, cumulative rainfall for the week ended 12th September was below normal in all the regions—North (-26%), West (-4%), South (-1%), and East (-3%).

 

“Based on cumulative seasonal rainfall deficiency (up to 13th September, we estimate that 23% of total area is affected by moderate drought (26%-50% rainfall deficiency), compared with 20% as of week ended 5th September. About 4% of total area is affected by severe drought (50% and more rainfall deficiency), compared with 7% as of the week ended 5th September,” the report said.

 

The regions affected by drought conditions are Punjab, Gujarat, central Maharashtra, West Uttar Pradesh, Haryana and Bihar amongst others, it added.
 

As of 14 September 2012, the overall crop area under cultivation for summer (kharif) crop dipped slightly to -5.4% year-on-year (YoY) compared with -5.2% YoY as of last week. By this time, 98% of the overall sowing was completed last year. Typically, volume growth in summer crop output tends to track the area under cultivation. The crop area under cultivation was lower for rice (-4.6% YoY), coarse cereals (-11.3%), pulses (-5.9%), oilseeds (-3.3%) and cotton (-4.7%), whereas it was higher for sugarcane (4.4%). Erratic pattern of rainfall, however, could affect crop yields.

 

According to Morgan Stanley, though the area under coverage is lower for rice, excess stock for rice will mean that the government will be able to prevent adverse impact on rice prices by offloading the inventory.

 

However, lower area under coverage for pulses and coarse cereals is a key concern from the perspective of food inflation, it said.

 

Total live storage in the 84 important reservoirs is at 71% of the storage capacity at full reservoir level (FRL) as of 13 September 2012 compared with 81% during the same period last year and the 10-year average of 67%. The improvement in water reservoir levels will benefit winter (rabi) crop output, Morgan Stanley added.

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Banks not passing benefits of rate cut to borrowers: RBI

According to RBI deputy governor Chakrabarty reduction in policy rates will not serve any purpose unless banks bring down their spreads and pass on the benefits to borrowers

New Delhi: Banks are not passing on the benefit of cut in policy rates to the borrowers, Reserve Bank of India (RBI) Deputy Governor Dr KC Chakrabarty said while asking lenders to undertake reforms and bring down their operation costs, reports PTI.

 

"Within the interest rate structure, if banks increase their efficiency, interest rates will come down. What we call operational efficiency of the banks and that is one thing that should happen", he said, while talking to reporters on the sidelines of a function.

 

Reduction in policy rates, he said, will not serve any purpose unless the banks bring down their spreads and pass on the benefits to borrowers.

 

"It (interest rate cut) will not happen if you don't reduce your cost. If the spread does not come down people will not get the benefit. Unless within the institution there is reform, you will not be able to derive the benefit of policy reform", the RBI Deputy Chief said.

 

Reforms were not taking place at individual level, Chakrabarty said, adding "at one stage cash reserve ratio (CRR) was 25%, statutory liquidity ratio (SLR) was 40%. Now SLR has come down to 23%, CRR is 4.5%. People say that it should be abolished. But has this benefit of reduction gone to the people?"

 

He regretted that the lending rates of banks have not come down in tandem with reduction in the CRR and SLR. On the other hand they have gone up, he added.

 

"Today repo rate is 8%, CRR is 4.5%, inflation 9%, SLR 23% and prime lending rate (PLR) of banks on an average is 1% higher (than what it was in September 2008)", he added.

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COMMENTS

junaid shaida

4 years ago

and the layman suffering continues.they should have passed the benefits to the end users..the WATCH-DOG should ensure the same..when CRR'S were high ,bankers were arguing to bring it down,now when the same has been done they are hesitant in passing the benefits to customers...

Prakash

4 years ago

This is one of the worst economic problems which is completely ignored by media. Indian Banks have the highest interest margin and best spread in world...... and it should come down

M G WARRIER

4 years ago

Dr Chakrabarty’s concerns are shared by most bank customers. But here bankers and policy makers will say market forces are at work. If banks can accept deposits at very low rates and lend after retaining a 3 to 5 per cent Net Interest Margin why should they work harder to improve their working in favour of their clientele?

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