Will resume fast if Jan Lokpal Bill not passed: Hazare to PM

The Winter Session of Parliament begins on 22nd November and ends on 23rd December. The government has been repeatedly asserting that it plans to introduce the significant Lokpal Bill during that session while Team Anna has been insisting the government pass the bill in this session itself

Mumbai: Social activist Anna Hazare today threatened to resume his fast on the last day of Parliament’s Winter Session if the government fails to get a strong Jan Lokpal Bill passed by then, reports PTI.

In a letter to prime minister Manmohan Singh, the 74-year-old activist said he did not find it right that responsible people in the government and the Congress were making remarks that creates doubts about the passage of the bill.

Mr Hazare, who called off his 12-day hunger strike at the Ramlila Maidan in August after eliciting a promise that his concerns will be addressed, said his team will also travel to various states to educate people about the need for a strong Jan Lokpal Bill when he resumes his fast.

The Winter Session of Parliament will begin on 22nd November and ends on 23rd December. The government has been repeatedly asserting that it plans to introduce the significant Lokpal Bill during that session while Team Anna has been insisting the government pass the bill in this session itself.

“I will begin my hunger strike agitation on the last day of the session, if the Jan Lokpal Bill is not passed in the House and the team will tour various states to educate people about the issue,” Mr Hazare said in the letter.

Mr Hazare, who is observing vow of silence in Ralegan Siddhi since 16th October, reminded Mr Singh that he called off his hunger strike, which he began on 16th August at Ramlila Maidan, following a written assurance from the prime minister, which was conveyed to him by Union minister Vilasrao Deshmukh.

“If an effective Jan Lokpal Bill is in place, it would help the country to get rid of corruption and also help utilise more funds towards development work,” he said in the letter.

Mr Hazare said it has become difficult for the common man to carry on with their life due to corruption.

“Due to corruption and price rise, it has become difficult for people to run their families. Out of one rupee spent for development activities, only 10 paise is actually spent on development,” he said.

Mr Hazare said if a strong Jan Lokpal is there, then it can put a break on 60% of corruption which can provide relief for people.

The activist had yesterday indicated that he might discontinue the ‘maun vrat’ over the next couple of days as he wants to hold ‘open discussions’ with his supporters.

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New orders boost manufacturing output to 52 in October

HSBC Factory PMI rose to 52 in October from 50.4 in September on account of a rise in new business orders in the month

Manufacturing output, as measured by the HSBC Factory Purchase Managers’ Index (PMI), rose to 52 in October from 50.4 in the previous month. The improvement comes on the back of a rise in new business orders during the reporting month. While the rate of growth was modest, it was stronger than in the previous survey period, HSBC Markit said in a release.

However, demand in key export countries continued to be affected by softening global economic conditions, the release added.

The HSBC India Manufacturing PMI is based on a survey of purchasing executives in over 500 manufacturing companies. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease.

The data suggests that on a month-on-month basis, the September data was the worst since March 2009, when output shrank to 50.4.

Power outages witnessed in various parts of the country had limited the extent of the rise in production. This was seen by an accumulation in levels of outstanding business and also a depletion of finished goods stocks, which were utilised to help fulfil order requirements.

Meanwhile, input prices faced by manufacturers rose substantially during October. The rate of cost inflation was broadly unchanged since September and strong in the context of historical data. Higher raw material and transport costs were the main drivers of the increase in costs. Output prices rose markedly, although the need to remain competitive limited the extent of the increase.

Commenting on the India Manufacturing PMI survey, Leif Eskesen, chief economist for India & ASEAN at HSBC said, “The Indian manufacturing sector rebounded in October, with rising orders boosting output. Tight capacity is evident from rising backlogs of work, lengthening supplier delivery times and difficulties filling vacancies. Not surprisingly, input and output prices continued to rise at a rapid pace.”

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Maruti Suzuki’s October sales down 53% due to labour unrest

“The labour unrest at company’s Manesar plant during October adversely impacted the production and sales numbers. The company lost production of over 40,000 units (Gurgaon and Manesar) in the month,” Maruti Suzuki said in a statement

New Delhi: The country’s largest car-maker Maruti Suzuki India (MSI) today reported a 53.25% fall in sales in October to 55,595 units due to labour unrest at its Manesar plant, which severely affected production, reports PTI.

The company had sold 1,18,908 units in the same month last year, Maruti Suzuki India (MSI) said in a statement.

“The labour unrest at company’s Manesar plant during October 2011 adversely impacted the production and sales numbers. The company lost production of over 40,000 units (Gurgaon and Manesar) in the month,” it added.

The Manesar facility rolls out MSI’s high volume compact car Swift, which currently has undelivered booking orders for about one lakh units. The plant also produces hatchback A-Star and sedan SX4.

The simultaneous strike at Suzuki Powertrain, which makes engines and transmissions, in support of MSI’s Manesar plant’s workers, affected production at the Gurgaon facility also.

The national capital-based company recorded sales of 51,458 units in the domestic market last month, a 52.16% fall from 1,07,555 units in October 2010.

In a similar manner, MSI’s exports decreased by 63.56% in October to 4,137 units from 11,353 units in the year-ago period, the company added.

Total passenger car sales in the domestic market dipped by 55.11% to 41,192 units in October from 91,754 units in the same month of 2010, it added.

Sales of the company’s mini-segment cars, including the M800, A-Star, Alto and WagonR model, fell by 54.86% to 25,009 units from 55,404 units in October 2010.

In the compact segment (comprising the Estilo, Swift and Ritz models), MSI witnessed a 56.09% dip in sales to 10,859 units from 24,729 units in the same month a year ago.

Sales of MSI’s DZiRE model decreased by 48.14% to 5,001 units from 9,644 units in the corresponding period a year ago.

In addition, MSI’s mid-sized sedan SX4’s sales slipped by 83.81% to 320 units from 1,977 units in the year-ago month. Luxury sedan Kizashi witnessed sales of three units.

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