The Straits Times added 5 new photos.
Prince William and his wife Kate wrapped up their trip to India with a visit to the Taj Mahal. http://str.sg/4kjK
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Quake of M6.0 – KYUSHU, JAPAN
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Global Financial Stability Report (April 2016): IMF
International Monetary Fund (IMF), in its recent publication of Global Financial Stability Report (GFSR) – April 2016, has reflected that risks to global financial stability have increased since the October 2015 Global Financial Stability Report. In advanced economies, the outlook has deteriorated because of heightened uncertainty and setbacks to growth and confidence. Disruptions to global asset markets have added to these pressures. Declines in oil and commodity prices have kept risks elevated in emerging market economies, while greater uncertainty about China ’s growth transition has increased spillovers to global markets. These developments tightened financial conditions, reduced risk appetite, raised credit risks, and stymied balance sheet repair, undermining financial stability.
Advanced economies must deal with crisis legacy issues.
Banks in advanced economies have become safer in recent years, with stronger capital and liquidity buffers and progress in repairing balance sheets. Despite these gains, banks came under market pressure at the start of the year, reflecting concerns about the profitability of banks’ business models in a weak economic environment. Approximately 15 percent of banks in advanced economies (by assets) face significant challenges in attaining sustainable profitability without reform.
In the euro area, market pressures also highlighted long-standing legacy issues, indicating that a more complete solution to European banks’ problems cannot be further postponed. Elevated nonperforming loans urgently need to be tackled using a comprehensive strategy, and excess capacity in the euro area banking system will have to be addressed over time.
Emerging markets face greater market liquidity risks
Emerging markets need to bolster their resilience to global headwinds. Emerging market economies are faced with a difficult combination of slower growth, weaker commodity prices, and tighter credit conditions, amid more volatile portfolio flows. This mixture has kept financial and economic risks elevated. So far, many economies have shown remarkable resilience to this more difficult domestic and external environment, as policymakers have made judicious use of buffers in strengthened policy frameworks.
Policy actions required:
In order to avoid rising risks of weakening growth and instability, growth must be strengthened and financial stability improved beyond the baseline. An ambitious policy agenda is required, comprising a more balanced and potent policy mix, including stronger financial reforms together with continuing monetary accommodation. Increased confidence in policies will help reduce vulnerabilities, remove uncertainties, and touch off a virtuous feedback loop between financial markets and the real economy.
Authorities in emerging market economies should continue to use their buffers and policy space, where available, to smooth adjustment and strengthen sovereign and bank balance sheets. This includes using external buffers, fiscal and monetary policy, and macro prudential and supervisory frameworks, among other tools.
Ravi-Beas Waters Haryana 12 Maf, Rajasthan 8.6, Punjab 4.2
April16, 2016 (C) Ravinder Singh progressindia2015@gmail.com
April16, 2016 (C) Ravinder Singh progressindia2015@gmail.com
Before proceeding to the SYL Presidential Reference [Annexed] – it is
IMPORTANT to mention that Punjab produces 11% to 12% foods in India –
it could have been 18% had Punjab allowed JUST & FAIR share in River
Waters – in Ravi-Beas Waters Punjab was allocated only 4.2 MAF of
Waters out of 17.17 MAF out of Usable Flows in Indian Rivers of 1289
BCM [1070 MAF] or Not Even 0.42%.
http://www.india-wris.nrsc.gov.in/wrpinfo/images/0/0f/19.pdf
As can be seen in this document Water Available for Distribution in
1955 was 15.85 MAF for Allocation, but in 1976 water in Ravi-Beas
water was Determined to be 20.56 MAF and allocated 17.17 MAF based on
Average Flows after protecting Water Already Used – But NARMADA Basin
against 35 MAF Average Flows Only 28 MAF was allocated. CAUVERY Basin
Allocation was Based On Actual Requirements of Agriculture Needs.
http://planningcommission.nic.in/reports/sereport/ser/wjc/wjc_ch1.pdf
Before Partition of Punjab in 1966 Punjab was entitled to 9 BCM [7.5
MAF] of Yamuna Waters and over 1.2 BCM of Gaggar River – These
together added up to 8.5 MAF of waters and Haryana was also allocated
3.5 MAF of Ravi Beas waters as per CORRUPTED APPLICATION OF Punjab
Reorganisation Act, 1966.
Riparian Punjab’s Ravi-Beas Share was reduced to 4.2 MAF [24%] –
Haryana Share was 3.5 MAF + 8.5 MAF = 12 MAF & Rajasthan’s Share was
8.6 MAF.
Haryana failed to Develop Water Storage Structures to Fully Utilize
Riparian Yamuna & Gaggar waters of 8.5 MAF, IGNP Ph-II Command
Irrigated was just 0.267 mHactares 0.8% of Rajasthan – WASTING RIVER
WATER RESOURCES.
https://www.rbi.org.in/Scripts/PublicationsView.aspx?id=16465
Food Production By Large States Of India For 2014-15 in Thousand Tonnes
State / Union
Territory Rice Wheat Coarse
cereals Pulses Food-
grains Oilseeds Sugar-
cane
1 3 4 5 6 7 8 10
1. Andhra P. 11,565 6 4,715 1,155 17,443 1,220 13,150
3. Assam 4,863 44 41 111 5,059 186 1,041
4. Bihar 6,377 4,049 2,206 420 13,053 131 14,131
5. Chhattisgarh 6,021 135 264 654 7,075 173 49
7. Gujarat 1,637 3,220 1,547 581 6,985 3,983 14,060
8. Haryana 4,006 11,856 826 59 16,747 723 7,650
11. Jharkhand 3,319 330 487 597 4,734 174 469
12. Karnataka 3,663 215 6,681 1,488 12,048 1,052 41,895
13. Kerala 558 – 0.3 1.4 560 –
14. Madhya P. 3,625 14,181 2,977 4,704 25,489 7,724 4567
15. Maharashtra 2,926 1,236 4,434 1,737 10,333 2,833 81,870
20. Odisha 8,286 1 242 440 8,970 146 722
21. Punjab 11,107 15,783 498 72 27,461 78 7,039
22. Rajasthan 366 9,868 7,565 1,950 19,751 5,318 408
24. Tamil Nadu 5,839 – 2,974 647 9,460 961 24,462
26. Uttar Pradesh 12,221 25,219 3,583 1,447 42,471 787 138,480
28. West Bengal 14,711 950 670 175 16,507 930 1,950
India Total 104,798 88,938 41,748 17,191 252,676 26,674 359,330
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9871056471,
9718280435, 9650421857
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141 MoUs/Agreements signed at the first ever Maritime India Summit : 14-16 April , Mumbai
Two days of the first ever Maritime India Summit from 14-16 April in Mumbai has resulted in attracting investments worth Rs 82,905 crores. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports , State Maritime Boards and PSUs like Shipping Corporation of India, Cochin Shipyard Limited, Inland Waterways Authority of India etc.
Projects for which agreements have been signed cover a wide spectrum of activities including
§ Modernisation of existing ports and establishment of new ones.
§ Development and extension of Inland Waterways.
§ Enhancement of cargo handling capacity of Indian ports.
§ Improving hinterland connectivity of ports through road and rail network.
§ Upgradation of educational and training facilities for maritime sector.
One major agreement relates to establishment of a green field port at Vadhavan, Maharashtra . Phase – I of the Project is estimated to be around Rs 9167 crores. An MoU for the project was signed between Jawaharlal Nehru Port Trust and Maharashtra Maritime Board.
To give boost to inland water transport, Government of Andhra Pradesh entered into an MoU with Inland Waterways Authority of India for development of National Waterway 4 at estimated cost of around Rs 3000 crs. Once developed, this waterway will help take off roads significant portion of cargo traffic. Mr Chandrababu Naidu, Chief Minister of Andhra Pradesh was present on the occasion.
Gujarat Maritime Board entered into an MoU with Shapoorji Pallonji Company for development of a new LNG Terminal costing around Rs 5411 crs at Chara. GMB will also ink an MoU with IL&FS for setting up a Maritime Services Cluster at GIFT City , Gandhinagar.
Visakhapatnam Port Trust signed an MoU with HPCL who plan to increase the capacity of Visakha Refinery from 7.50MMT to 15MMT at an estimated cost of Rs 18412 cr. Shipping Corporation of India also signed a slew of agreements to enhance shipping capacity both inland as well international.
Indian Maritime University, the premier institution engaged in education and training of maritime personnel signed MoUs with 4 international institutions including Bangabandhu Sheikh Mujibur Rahman Maritime University (BSMRMU), Dhaka, Bangladesh; Institute of Chartered Shipbrokers (ICS) and Plymouth University, U.K and Admiral G.I. Nevelskoi Maritime State University (AGINMSU), Vladivostok, Russia. IMU also entered into an MoU with Andaman & Nicobar administration for establishment of training facilities in A& N Islands .
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Non-existential threats: terrorism & great waves of migrants – Polish FM
Islamic State and other terrorist groups do not represent an existential threat to Europe, unlike Moscow and perceived aggression on its part, claimed foreign…
RT.COM
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PRESS INVITATION
Gakhal Entertainment Inc. cordially invites
you to attend the cover of Press conference & to share with
you the uniqueness of their latest Punjabi Film
VAISAKHI LIST
To be addressed by:
Jimmy Shergill
Sunil Grover (Comedy Nights fame ‘Guthi’ )
Shruti Sodhi (Popular Punjabi & Telugu film actress)
Rajesh Banga (Producer)
Time : 1:30 p.m
Date : 16th April (Saturday)
Venue : PVR Plaza, Connaught Place
You are requested to send correspondents/photographers/camera crew for the Press Conference.
Categories
PRESS INVITATION
Smiling Soul cordially invites
you to attend the cover of Press conference & to share with
you the uniqueness of their latest Hindi Film
Jhamela
To be addressed by:
Spandan Chaturvedi (Little ‘Chakor’ of Color’s popular serial ‘Udaan’ )
Pawa (Actor & Director)
Pritika Chauhan (Actress)
Time : 12 Noon
Date : 18th April (Monday)
Venue : PVR Plaza, Connaught Place
You are requested to send correspondents/photographers/camera crew for the Press Conference.
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G20 seeks crackdown on tax havens, terror financing
The G20 countries, including India, have sought a crackdown on tax heavens, shell companies and terror financing by increasing financial transparency and sharing of key information in a timely manner. A communique in this regard was issued by G20 countries, yesterday after meeting of its Finance Ministers and Governors of Central Banks at Washington on the sidelines of the annual Spring Meeting of the International Monetary Fund and the World Bank. Finance Minister Arun Jaitley and the Reserve Bank Governor Raghuram Rajan attended the meeting on behalf of India.
In the communique, the G20 Finance Ministers reiterated that it is essential that all countries and jurisdictions fully implement the Financial Action Task Force (FATF) standards on transparency.
Seeking a crackdown on terror financing, the Finance Ministers called on all countries to join its efforts including through swift and effective implementation of FATF standards.
The communique also called on all countries, which have not committed to implement the standard on automatic exchange of information by 2017 or 2018 to do so without delay and to sign the Multilateral Convention.
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AGENDA
European Parliament criticises worsening minority situation in Pakistan
European Parliament criticizes worsening minority situation in Pakistan
European Parliament, in its plenary session held on 14 April 2016, took Pakistan to task for the country’s abysmal human rights record with regard to treatment of the Christians and other minority communities. The debate in the plenary session took place in the context of the recent attacks on the Christian community in Lahore on Easter day in 2016 that resulted in the killings of more than 70 individuals, including 30 children.
The MEPs criticised the dismal record of Pakistan in terms of minority protection, and viewed the Lahore attacks in the backdrop of innumerable previous instances of attacks on minorities in the country. Josef Weidenholzer commented that this was not the first time that Pakistan was being discussed in European Parliament in the context of state of minorities in the country. Cristian Dan Preda remarked that the Lahore attacks showed lack of tolerance when it comes to granting minorities a minimal freedom of speech in Pakistan. The MEPs also called for the removal of the controversial blasphemy laws in Pakistan and called for the release of Asia Bibi. Michaela Šojdrová said that Asia Bibi faced persecution for professing her right to free faith.
The MEPs called upon the European Union to ensure the protection of human rights of the minorities and other vulnerable groups in Pakistan. Alberto Cirio stated that EU must defend human rights in Pakistan, and as part of this must also show its concern towards the struggles of the people of Baluchistan and urged the International Government to pressure Pakistan to stop supporting terrorism. Marie Christine Vergiat also stated that the Pakistan government supported terror groups, and called upon the EU to exert pressure on Pakistan by using the GSP agreements.
The MEPs came down heavily on the Pakistani government for failing to provide adequate security to minorities in the country, and for the constant attacks on minorities time and again. Dan Belder stated that the discourse of hate in Pakistani schoolbook against minorities must be removed immediately. Islamic schools mushroom hated against Minorities, so the EU must monitor aid to Pakistani education system. Belder further said that government of Pakistan had failed to provide adequate security to minorities. Charles Tannock categorically stated: “We have debated religious extremism in Pakistan for some time now and I do hope there is now a will in this country for some change.”
US SENDS WARPLANES, TROOPS TO SOUTH CHINA SEA
Apr 16
US Secretary of Defense Ashton Carter announced that the US military is dispatching warplanes and troops to the South China Sea as tensions with Beijing over the contested Spratly and Paracel Islands simmer. The Secretary of Defense, who visited a new US aircraft carrier in the South China Sea yesterday, also said that US and Philippine troops will be conducting joint naval patrols and joint air patrols to deter Chinese expansionism in the region. The Paracel and Spratly island chains, contested by China and several of its South China Sea neighbors, have been a major area of contention in recent years.
China, under the UN Convention of the Law of the Sea, has the most direct claim to the territories, and has taken steps in recent months to cement those claims by establishing civilian air travel to the islands and setting up military air hangars.
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There’s still time to commit to vote for Hillary
Dilip kumar admitted in Lilavati hospital in Mumbai
Dilip kumar admitted in Lilavati hospital in Mumbai
Veteran actor Dilip Kumar was admitted to a suburban Lilavati hospital in Mumbai last night. Suffering from chest congestion, he has been shifted out of ICU and his condition is stable. 92 year old legendary actor was earlier admitted to Lilavati hospital earlier due to chest infection
