BUDGET TODAY, ALL EYES ON BOOSTER SHOT TO REVIVE ECONOMY
Finance Minister Nirmala Sitharaman will present the Union Budget for the
financial year 2021-22. As India emerges from the Covid crisis, the ninth
Budget under the Modi government, including an interim one, is widely
expected to focus on spending for job creation and rural development,
generous allocations for development schemes, putting more money in the
hands of the average taxpayer and easing rules to attract foreign
investments.
This is the fifth time since Independence that a Budget is being presented
against the backdrop of a full-year of recession
The recession of 1957-58 was because rains failed. In 1965-66, a fall in
farm output & costs of '65 war led to negative growth The recessions of
1972-73 and 1979-80 were due to a combination of factors. But this is the
first time that manufacturing and services have seen a steep fall.
The challenge before the government is to generate resources to increase
growth and maintain the distribution of welfare benefits. As the Economic
Survey has amply hinted, the government will be attempting to raise
borrowings in the form of debt.
The first half of the Budget session will end on Feb 13, instead of Feb 15
(as planned earlier)
A consensus on the issue was reached at an all-party meeting called by Rajya
Sabha Chairman M Venkaiah Naidu on Sunday.
PM MODI'S MANN KI BAAT
The country was "saddened" by the "insult" to the national flag by
protesters on Republic Day, Prime Minister Narendra Modi said in his first
Mann ki Baat address of the new year.
Modi also referred to the "inspirational" performance of the Indian
cricketers in Australia, and claimed that the country's vaccination
programme against Covid-19 was setting an example for the world.
"We have to infuse times to come with new hope and novelty. Last year, we
displayed exemplary patience and courage. This year too, we have to work
hard to attain our resolves. We have to take our country forward at a faster
pace," he said.
India, Modi said, is "undertaking the world's biggest Covid Vaccine
Programme", and "we are vaccinating our citizens faster than anywhere in the
world". "In just 15 days, India has vaccinated over 30 lakh Corona Warriors,
whereas an advanced country such as America took 18 days to get the same
done; Britain 36 days!"
The "Made in India vaccine" is a "symbol of India's self-reliance" and
"self-pride", Modi said.
"During the moment of crisis, India is able to serve the world today, since
she is capable, self-reliant in the field of medicines, vaccines. The same
thought underpins the Atmanirbhar Bharat Campaign. The more India is
capable, the more will she serve humanity; correspondingly the world will
benefit more!"
AS UP FARMERS FLOCK TO GHAZIPUR BORDER PROTEST, SP & BSP CHANGE STRATEGY,
GET MORE VOCAL
Swelling crowds at the protests against the three central farm laws at the
Ghazipur border between Delhi and Uttar Pradesh have forced the two main
opposition parties in India's most populous state - Samajwadi Party (SP) and
Bahujan Samaj Party (BSP) - to recalibrate their strategies.
BSP chief and former UP CM Mayawati, whose involvement in the farmers' stir
was limited to seemingly perfunctory tweets, went ballistic last Friday,
posting four tweets to declare her party's decision to boycott President Ram
Nath Kovind's address to Parliament, supporting Bharatiya Kisan Union (BKU)
leaders, and urging the Narendra Modi not to make farmer leaders scapegoats
using the violence on Republic Day.
SP chief Akhilesh Yadav has been opposing the farm laws from the beginning;
his party also organised a tractor rally across the state on 26 January. SP
workers also held protests in many districts but they were all party events,
and had nothing to do with the Ghazipur protests.
That changed Friday, a day after a video of farmer leader Rakesh Tikait
weeping went viral in the state, drawing thousands of farmers out of their
homes to join the Ghazipur protest. Yadav called up the BKU leader to
inquire about his health, and subsequently, SP leaders from Muzaffarnagar
joined the protest.
The fresh protests seem to have provided Akhilesh Yadav an opportunity to
regain prominence in the state.
"Earlier, it was largely a farmer's protest but after Tikait's call, it has
also turned into politics of caste," says Political analyst Prof. Badri
Narayan. "Jats from Haryana, Punjab and western Uttar Pradesh have started
mobilising after his call. In this scenario, Akhilesh's politics must be
aggressive."
INTERNATIONAL AFFAIRS
======================
MYANMAR MILITARY DECLARES 1-YEAR EMERGENCY, SUU KYI DETAINED
Myanmar's military declared a one-year state of emergency on Monday and
appointed a general as acting president, after arresting civilian leader
Aung San Suu Kyi and other senior officials.
An announcement on military-owned Myawaddy TV said the move was needed to
preserve the "stability" of the state, accusing the country's election
commission of failing to address "huge irregularities" in the November
election.
Phone and internet access to Naypyitaw was lost and Suu Kyi's National
League for Democracy party could not be reached.
The 75-year-old Suu Kyi is by far the country's most dominant politician,
and became the country's leader after leading a decades-long nonviolent
struggle against military rule.
Suu Kyi's party captured 396 out of 476 seats in the combined lower and
upper houses of Parliament in the November polls, but the military holds 25%
of the total seats under the 2008 military-drafted constitution and several
key ministerial positions are also reserved for military appointees.
The military, known as the Tatmadaw, charged that there was massive voting
fraud in the election, though it has failed to provide proof. The state
Union Election Commission last week rejected its allegations.
OVER 2,000 PEOPLE ARRESTED DURING ANTI-PUTIN PROTESTS ACROSS RUSSIA
More than 2,000 people were arrested in Russian cities as a government
crackdown and travel curbs failed to stop supporters of jailed opposition
leader Alexey Navalny, a prominent critic of President Vladimir Putin, from
engaging in the second wave of national protests in a week.
Navalny, who defied threats of arrest to return from Germany in mid-January
after a nerve-agent attack that he said was an attempt by Putin to kill him,
has vowed to keep up the pressure on the authorities even from behind bars.
A Russian court is preparing to hand him a possible 3 1/2 year prison term.
Navalny and his allies were hoping to repeat the success seen on Jan. 23,
when they brought out tens of thousands of supporters in more than 150
cities around the country despite police bans. By 3 p.m. Moscow time on
Sunday, more than 2,000 people had been detained in several Russian cities.
The authorities have warned against participation in the protests and most
of the Navalny aides who weren't already in prison were picked up this week
and are now facing criminal charges. Still, the Kremlin is worried by the
scale of the demonstrations and looking for ways to cool public discontent
that has been building up amid slumping incomes and the coronavirus
downturn, three people close to the government said.
THE REST
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SASIKALA DISCHARGED, SENDS A SIGNAL FROM JAYA'S CAR WITH ADMK FLAG
Four days after she completed her four-year jail term in a disproportionate
assets case, and minutes after her discharge following treatment for Covid,
V K Sasikala sent a political signal to her supporters - she came out of the
hospital in Bengaluru on Sunday inside the late J Jayalalithaa's trademark
Toyota Prado vehicle with an AIADMK flag on it.
The message from the former Tamil Nadu chief minister's close aide and
ex-general secretary of AIADMK was not lost on the ruling party in her
state. Senior AIADMK minister D Jayakumar said using the flag was "against
the interests" of the party as Sasikala had been expelled. "Sasikala has no
right to use the AIADMK flag on the vehicle," he said.
In early 2017, amid a tussle for power in Tamil Nadu following
Jayalalithaa's death, Sasikala had recaptured the AIADMK government from
rebel leader O Panneerselvam through a floor test in the Assembly. She
installed E K Palaniswami, one of her trusted aides, as Chief Minister. But
Palaniswami and Panneerselvam then joined hands to oust her from the party
after she was jailed in the case in which Jayalalithaa was the first
accused.
On Sunday, Sasikala's nephew and the man who emerged as a leader in her
absence, T T V Dhinakaran, hit back at the party. "She is the general
secretary of AIADMK.cases in this regard are pending in court. So that is
why there is a party flag on her car," he said.
BEHIND STIR REVIVAL: TIKAIT'S TEARS, ANTI-NATIONAL TAG
Following the Red Fort incident, humiliation, demoralisation and defeat were
writ large on the faces of not only the protesting farmers who have been
braving the harsh cold for two months on Delhi borders, but also their
supporters from different walks of life. Many detractors started saying they
had been proven right, while calling it a move backed by Khalistanis.
Meanwhile, Delhi and UP police started pressuring protesters sitting at the
Delhi border to abandon their cause. Disheartened, many had started
retreating from the protest site assuming that it is all over.
But once again., mass mobilisation is ongoing in Punjab to send in
reinforcements to Delhi.
While the emotional appeal of UP farm leader Rakesh Tikait mobilised
thousands of farmers, the movement being branded as "anti-national" and some
sections referring to the protesters as "terrorists" dealt a sharp blow to
the sentiments of the people of Punjab. What also did not go down well with
them was the terming of 'Nishan Sahib' (religious flag of Sikhs), which was
hoisted at Lal Qila, as the flag of Khalistan. Nishan Sahib was there on the
Punjab tableau also which was presented during the Republic Day parade the
same day," said Narinder Singh, a teacher.
"We are against what happened at Red Fort but false propaganda against
Punjabis was taken as an insult and now everyone irrespective of their
religion wants to participate physically in this movement and go to Delhi,"
said Kewal Krishan, a social worker from Mukerian.
The protest at Singhu border has had men at the forefront for over two
months now. But apprehension that their loved ones would be arrested,
determination to show support, and BKU leader Rakesh Tikait's emotional
appeal from the Ghazipur border in UP have led to hundreds of women farmers
arriving at the protest site over the last two days - many for the first
time.
UNIVERSITIES, PSUs TO SEEK GOVERNMENT NOD FOR VIRTUAL EVENTS: MEA
The Ministry of External Affairs (MEA) has made the government's prior
clearance mandatory for hosting international conferences, trainings, and
seminars online and also forbidden such virtual events on themes related to
India's security, Northeast states, Jammu and Kashmir, Ladakh or any other
issue concerning the country's "internal matters".
The fresh set of guidelines, issued in November last year and part of the
new "approval procedure" notified by the MEA for organising virtual events,
apply to all government ministries and departments, Public Sector
Undertakings, public-funded universities, and organisations controlled and
run by the Union and state governments.
The organisers of the virtual event will now have to approach their
respective "administrative secretary" for approval regarding the theme and
the list of participants.
AS COVID CASES DIP, CINEMA HALLS ALLOWED TO RUN AT FULL CAPACITY
With the Covid count dipping in many parts of the country, the Government
Sunday announced that movie theatres will be allowed to run at 100 per cent
capacity from February 1 in the latest set of SOPs released by Union I&B
Minister Prakash Javadekar.
Last October, the Government had allowed movie theatres to run with 50 per
cent seating as part of its move to ease curbs and revive the economy.
Javadekar said that "now cinema halls can operate with full capacity" while
adhering to sanitisation and Covid protocols, and that people will be
allowed to buy food from stalls inside the theatres. The "restrictions put
in place due to Covid-19 are on the verge of ending", he said.
In the guidelines, theatres have been asked to ensure that there is a
sufficient time interval between successive screenings on a single screen
and staggered show timings in a multiplex with various screens.
The guidelines specify that respiratory etiquette must be followed,
including use of face masks, maintenance of adequate social distancing of at
least six feet outside auditoriums, common areas and waiting areas, and
prohibition on spitting in public.
In India, the total no. of Covid-19 cases identified since the start of
pandemic stands at over 10.75 million while the current active cases are at
around 1.65 lakhs. The total no. of deaths so far stands at a little over
1.54 lakhs
The last 7 days have seen an average of 12,841 new cases a day while the
recoveries have averaged at 14,963 a day. The deaths by Covid-19 have
averaged 131 a day over the last 7 days.
India continues to carry out about 7.5 lakh Covid tests a day, with a
positivity rate of about 1.93% over the last 7 days.
The total no. of cases identified world-wide since the start of pandemic
stands close to 103.51 million while the current active cases are at a
little over 26 million. The total no. of deaths so far stands at about 2.23
million The last 7 days have seen an average of about 5.35 lakhs new cases
a day while the recoveries have averaged at about 4.82 lakhs a day. The
deaths by Covid-19 have averaged 14,044 a day over the last 7 days.
JOURNALIST MANDEEP PUNIA WAS ARRESTED FOR 'MISBEHAVING' WITH COPS, SAYS
DELHI POLICE
Delhi Police has arrested freelance journalist Mandeep Punia for allegedly
misbehaving with police personnel and obstructing a public servant from
discharging duties at the Singhu border, where farmers have been protesting
farm laws for over two months.
According to Delhi Police, Punia was arrested on Saturday night. An FIR
under the IPC section 186 (obstructing public servant in the discharge of
public functions) and section 353 (assaulting a public servant in the
execution of duty) has been filed against Punia at Alipur police station,
the police said.
On Friday, Alipur SHO Pradeep Paliwal was injured in a clash that broke out
at Singhu border between farmers and locals.
Hours before he was detained, Punia had gone live on Facebook alleging that
police had allowed men claiming to be locals to pelt the protesters at
Singhu with stones on Friday. "Punia's arrest came hours after he questioned
the role of the police," K B Pandit, president of the Indian Journalists
Union, said.
DELHI UNIVERSITY TO REOPEN TODAY FOR FINAL-YEAR STUDENTS
Delhi University colleges will reopen in a graded manner today for
final-year students who want to use college facilities for practicals.
While students may go to their colleges on a voluntary basis for practical
work, theory classes will continue to be held online.
Different colleges have adopted different systems of calling students.
St Stephen's College has also opened its hostel, with small batches of
residents requiring the facilities returning from January 10. Some colleges
are also considering providing facilities on a limited basis to final-year
students who need it.
However, most colleges said making hostel facilities available is currently
not on the cards.
RS 1.2L CR: ALL-TIME HIGH GST COLLECTION IN JAN
GST collection surged to an all-time high of about Rs 1.20 lakh crore in
January as economic activities picked up after the withdrawal of stringent
lockdown restrictions.
Mop-up from the GST, which is levied when a consumable item is sold or a
service such as travel booking rendered, in January was 8 per cent higher
than such receipts in the same month of 2020.
In a statement, the Finance Ministry said the January collections were the
highest ever since the implementation of the nationwide tax in July 2017.
The previous best was in December 2020 when Rs 1,15,174 crore was collected.
This is the fourth straight month of over Rs 1 lakh crore tax collection.
5G ROLL OUT 'SOON' IN INDIA, MASS ADOPTION COULD STILL BE YEARS AWAY
With talks of "timely" 5G roll out in India resurfacing again after a
Covid-hit year that delayed spectrum auction, there are hopes that the
fifth-generation cellular technology could be a reality in the second half
of the year, even though various reports suggest that its mass adoption
could still be years away.
The government is not selling traditional 5G spectrum in the upcoming
auction the bidding for which will commence in March, but a tweak in the
notice inviting applications has raised hope that companies will be able to
launch 5G even on existing bands. The amendment reduced the notice time
period required for telecom companies to give to make advancements and
upgrades in technology from one year to six months.
Telecom major Bharti Airtel on January 28 successfully demonstrated live 5G
service on a use case basis over a commercial network in Hyderabad city over
its existing liberalised spectrum in the 1800 MHz band through the NSA
(non-standalone) network technology - that is, fall back on 4G network.
Reliance Industries (RIL) Chairman Mukesh Ambani last month said that
Reliance Jio will pioneer India's "5G Revolution" in the second half of
2021.
BCCI WILL LET FANS BACK IN STADIUM FOR MOTERA TEST ON FEB 24
Signalling cricket's complete unlockdown, the BCCI will allow spectators in
the stands for the third Test between India and England from February 24 to
28 at the refurbished Sardar Vallabhbhai Patel Stadium at Motera near
Ahmedabad, The Indian Express has learnt.
The India-England series will start in Chennai on February 5 behind closed
doors, and there is still no clarity on the presence of fans for the second
Test at the same venue.
The pink-ball day-night Test at Motera will also be the first international
game at the new stadium where capacity has been increased to 1,10,000,
making it the biggest in the world.
"As the seating capacity is more than a lakh, the GCA can easily accommodate
50 per cent crowds for the third and fourth Tests. The Government has
allowed sports stadiums to run with 50 per cent capacity so it has been
decided to allow fans for the matches in Ahmedabad.
THOUGHT FOR THE DAY
Humility is not thinking less of yourself, but thinking of yourself less. -
C.S. Lewis
OFF TRACK
Grandpa was always going on about the good old days, and the lower cost of
living, in particular.
"When I was a kid, my mom could send me to the store, and I'd get a salami,
two pints of milk, 6 oranges, 2 loaves o' bread, a magazine, and some new
blue jeans... all for a dollar!!"
Then Grandpa said sadly, "You can't DO that anymore..... they got those darn
video cameras everywhere you look."
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