Wednesday 28 March 2012

Chiru offers to troubleshoot for Congress

                                                                            
As the infighting in the Congress continued to bog down the leadership, newly-elected Rajya Sabha member K. Chiranjeevi has come forward to set the party's house in order by taking the initiative to end differences among the warring groups.
Mr. Chiranjeevi, who received the certificate of election to the Rajya Sabha on Tuesday, called on Chief Minister N. Kiran Kumar Reddy at his camp office and is said to have expressed anguish over the growing infighting and open war of words between the anti and pro-Kiran groups.
The erstwhile Praja Rajyam chief, who is also the APCC Coordination Committee member, is understood to have expressed his willingness to work for bringing unity among the leaders.
Mr. Kiran Kumar Reddy is said to have welcomed his decision to bring an end to the differences among the leaders ahead of the by-elections to 18 Assembly seats, including Tirupati, which he is likely to vacate consequent to his election to the Rajya Sabha.
Mr. Chiranjeevi's initiative assumes significance after the open revolt by a section of the leadership in the wake of the dismal performance in the recent by-elections to seven Assembly constituencies. Minister D. L. Ravindra Reddy, former Ministers P.Shankar Rao and Peddireddy Ramachandra Reddy besides the Telangana Congress MPs and leaders from the region have declared an open war against the Chief Minister going to the extent of seeking his ouster.
Concerned over the growing number of the Chief Minis ter's detractors, Mr. Chiranjeevi is understood to have told Mr Kiran Kumar Reddy that he would be willing to take the responsibility and see that the differences are sorted out to a large extent.

Brahmos cruise missile test fired in successfully

                                                                           
JAISALMER: The Army today successfully test fired the 290-Km range BrahMos supersonic cruise missile at the Pokharan range here to operationalise the second regiment of the weapon system in service.
"In conformity and pursuit of operational and strategic surface to surface missile capability development, the second BrahMos unit of Indian Army has been operationalised. The Indian Army unit successfully launched BrahMos missile and destroyed the preselected target in the field firing ranges in Rajasthan," an Army spokesperson said here.
The test was witnessed by senior Army officials including Vice Chief Lt Gen Shri Krishna Singh and Director General Military Operations (DGMO) Lt Gen A K Chaudhary.
The Army has so far placed orders for three regiments of the supersonic cruise missile and with today's test firing, two of them have been inducted operationally.
The Defence Ministry has also given a go ahead to the Army to induct a third regiment for being deployed in Arunachal Pradesh along the China border.
One regiment of the 290-km range BrahMos consists around 65 missiles, five mobile autonomous launchers on Tatra vehicles and two mobile command posts, among other equipment.
BrahMos Aerospace, an Indo-Russian Joint venture company headed by A Sivathanu Pillai, is also working to develop the submarine launched, air launched and a hyper-sonic version of the missile in the near future.
It has already been inducted into the Navy and is deployed on almost all the front line surface warships of the maritime force.

Akhilesh promises free medical treatment to poor

                                                                         
LUCKNOW: Uttar Pradesh Chief Minister Akhilesh Yadav today promised that his government would provide free medical treatment of serious ailments to poor.

The chief minister who flagged off an awareness rally on the World Kidney Day here this afternoon said that in the days to come, the state government would arrange the infrastructure for providing free treatment of serious ailments to the poor.

Yadav stressed that as the poor people cannot arrange finances, they are more affected in case of serious illness.

Recalling the works of the earlier SP-led government, he said that it took steps for providing better and free treatment for the poor which were discontinued by the previous government.

In this direction, some medical colleges were set up while others were still to come into being, Yadav said referring to the UP Rural Institute of Medical Sciences and Research in Etawah in which he said that good treatment was being provided to not just the locals but also to those coming from far off places at Rs 35 only.

"Our party has often been criticised for setting up this institute", he said adding that his government would make efforts to provide good treatment at reasonable rates for serious ailments.

On the occasion, he also stressed on creating awareness about problems like those related to kidney do that people can take precautions.

BRICS Summit in Delhi: Why it's important

New Delhi:  The BRICS group of emerging world powerhouses - Brazil, Russia, India, China and South Africa - is expected to launch plans this week for a joint development bank and measures to bring their stock exchanges closer together.

Officials say the initiatives will take time as they need to sort out details. But they herald a new level of ambition for a bloc that brings together about half the world's people. The Middle East and energy security will also be discussed, officials say.

The BRIC acronym was coined in 2001 by Goldman Sachs economist Jim O'Neill, who was searching for a catchy way to encapsulate the broader shift in global economic growth towards emerging markets. South Africa joined the grouping in 2010 so that it became BRICS.

The countries held their first summit in 2009 and have been criticised since as nothing more than an empty acronym as they struggle to find common cause from four different continents with radically different economies, systems of government and competing priorities.

The most relevant announcement from this week's meeting in India of the countries' leaders is likely to be plans for a joint development bank in the mold of the World Bank.

The initiative would allow the countries to pool resources for infrastructure improvements, and could also be used in the longer term as a vehicle for lending during global financial crises such as the one in Europe, officials say.

Brazilian Trade Minister Fernando Pimentel told reporters in Brasilia last week that the countries would sign a deal at the summit to study the creation of the bank.

Sudhir Vyas, a senior Indian foreign ministry official, told reporters on Monday that the BRICS would have to determine how the bank would be structured and capitalised. Such an ambitious project would take time, he said.

"We don't set up a bank every ordinary day," he said.

A benchmark equity index derivative shared by the stock exchanges of the five BRICS nations will be launched on Friday, the exchanges involved said earlier this month. They would be cross-listed, so can be bought in local currencies.

The leaders are also expected to sign agreements allowing their individual development banks to extend credit to other members in local currency, a step towards replacing the dollar as the main unit of trade between them.

A senior Indian government source said the Middle East and energy security will be high on the agenda, including Iran. The Russian ambassador in New Delhi said this week that a discussion on Syria would be among his country's top priorities.