Poll India: 2004
EC
urges govt to ban exit, opinion polls
New
Delhi: The Election Commission has asked the government
to bring out an ordinance immediately to ban all opinion
and exit polls. In a meeting called by the Election Commission
earlier in the week all political parties had reached
a consensus to ban opinion polls once the elections were
notified.
Congress releases its first vision document
New Delhi: Releasing its first of the three vision
documents titled `Economic Growth an expanding
economy; a just society freedom from hunger and unemployment
the Congress Agenda' senior Congress party leaders
Dr Manmohan Singh and Pranab Mukherjee charged the BJP-led
Government of "colossal neglect" of agriculture,
poverty, unemployment, illiteracy and universal coverage
of public health. Commenting
on the dwindling interest rates on PPF, EPF and other
savings, Dr Singh said: "We believe that the BJP
Government has mishandled the interest rate and the UTI
fiasco has hurt millions of savers and interest rates
need to be adjusted to give incentives to save".
Dr Singh said the BJP Government had not put the bulging
foreign exchange reserves to productive use and said domestic
companies should be extended foreign currency loans for
expansion and modernisation so that their access to foreign
currency loans would be minimised and investment in the
economy enhanced. The document said for raising the rate
of growth to 10 per cent a year, the rate of investment
had to be raised to about 35 per cent.
Jethmalani to take on Vajpayee
New Delhi: Former law minister in the Vajpayee cabinet,
senior lawyer Ram Jethmalani has said that he would contest
against Prime Minister Atal Bihari Vajpayee in Lucknow.
Announcing his decision to contest as an independent candidate,
Jethmalani claimed he had the backing of the Congress,
RJD and the left parties.
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Shias
and Sunnis take on the US in Iraq
Baghdad:
More than 30 Iraqis have died in US air strikes on
the city since Monday in retaliation to last week's killing
of four Americans, in the city of Falluja, which is part
of the Sunni triangle. The Al Jazeera network has carried
pictures of the damage, showing several women and children
killed in the attacks.
Meanwhile
over 130 people have lost their lives in the clashes between
the US-led forces and the supporters of the Shia cleric
Moqtada al Sadr, known as the Medhi army, a militia with
a reported strength of 10,000 members.
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US
Congressman supports outsourcing
New Delhi: Terming trade as "the currency
of friendship", Republican congressman and Chairman
of the House Rules Committee, David Dreier, has supported
off-shoring as "an important and positive part"
of the overall US trade agenda.
However Dreier said, that on its part, India would also
need to pursue a higher degree of economic liberalisation,
eliminate barriers, and allow and encourage greater Foreign
Direct Investment.
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IIM:
Deveshwar calls for review of the MoAs
Kolkata: Y.C. Deveshwar, Chairman of the board
of governors of the Indian Institute of Management, Calcutta
(IIMC), said there was a need to devise a mechanism by
which companies, which approach IIMs for recruitment,
are charged market prices.
According to him if companies can recruit candidates by
agreeing to pay huge salaries, a portion of that amount
could be easily paid to the institute. This would help
bring down the subsidy element substantially. Deveshwar
suggested that the placement service fee should be raised
to Rs 2 lakh per candidate from the Rs 15,000 at present,
as companies that come to campuses to recruit have the
capacity to pay.
He also called for a thorough review of the Memorandum
of Association (MOA) of IIMC, which was put in place way
back in 1961 in a different era. He said that there was
a convergence of views among the IIMs on a number of common
issues, and called for strong coordination amongst them.
He said fee reduction in Government funded institutions
was a matter of public policy. He also informed that a
meeting with the faculty members was scheduled for April
16 to discuss the situation.
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