Friday, August 14, 2009

Nation wrapped in security blanket on eve of 63rd I'day

Security personnel were out in force and kept a tight vigil at vital installations, transport terminals, markets and places of worship, especially in the national capital, on the eve of 63rd Independence Day when IEDs and bombs were recovered in Jammu and Assam.

Though there was no specific intelligence input of a threat to the celebrations-the first after the Mumbai terror attack, security forces and intelligence agencies were leaving nothing to chance with terror groups, Left wing extremists or insurgents in North-East having the potential to carry out possible suicide terror strikes.

The area around the 17th century Red Fort here where Prime Minister Manmohan Singh will unfurl the national tri-colour and address the nation from its ramparts has turned into an impregnable fortess with gun-toting security personnel guarding evey nook and corner of the area.

All entry and exit points to the walled city were also regulated.

In Jammu and Kashmir, security personnel recovered two Improvised Explosive Devices in Jammu region prompting the security personnel to carryout repeated checks.

A major disaster was averted in Assam with seizure of seven powerful IEDs from Guwahati and another from Bongaigaon district after intelligence inputs that ULFA and NDFB activists might try to disrupt the celebrations.

The Indo-Nepal border has already been sealed by the authorities and tight vigil is being maintained along the Line of Control and International Border along Pakistan and Bagladesh.

The area around the Red Fort where Singh will be addressing the nation -the first during his second tenure has been completly sanitised by security and intelligence agencies and the area will be a no-fly zone during the function.

Officials of Delhi Police, elite SPG and NSG along with other security agencies carried out detailed recee of the Red Fort area to thwart any attack.

Sharpshooters, dog squads, bomb disposal squads and anti-aircraft and air defence guns have also be deployed and put on high alert as part of security drill around the key installations of the national capital.

Snipers of elite National Security Guards will also be positioned on top of high-rise buildings in the old Delhi area around the Red Fort and along the route taken by Prime Minister and other VIPs to reach there.

The security agencies will also be maintaining tight vigil around key installations here including Parliament complex, Railway stations, bus-terminus, Indira Gandhi International airport and metro stations.

The borders of National capital will be sealed and tight checking is already going on at all the entry points of the national capital.

Outside the capital, security has also been tightened in Jammu and Kashmir, West Bengal, Maharashtra, Gujarat, Assam and other North-Eastern states.

Security agencies are also keeping a close watch on the Indian maritime borders to counter any attempt of the terrorists to use the sea route to enter the country.

Besides, patrolling by Sashastra Seema Bal and police personnel has been enhanced along the porous Indo-Nepal border to prevent Nepali Maoists from sneaking into the Indian territory to disrupt the celebrations.

Thursday, August 13, 2009

GoM to study impact of jet fuel prices on aviation industry


A Group of Ministers (GoM) would be set up soon to study the impact of high jet fuel prices on the aviation industry and recommend measures to bring down its burden on the operational costs of the airlines.This was decided on Thursday at a meeting of the Union Cabinet, chaired by Prime Minister Manmohan Singh, where Civil Aviation Minister Praful Patel made a presentation on the health of the aviation sector.

After the meeting, Patel said the GoM, to be set up soon by the Prime Minister, would focus on the "very high nature" of sales tax being imposed on aviation turbine fuel (ATF) by various state governments as also its base price, which was "much higher" than most countries.

ATF accounts for over 40 per cent of the total operational cost of an airline in India, compared with 20-25 per cent globally. The Minister said he briefed the Cabinet on the need for additional capital infusion in Air India, which currently has an equity base of only Rs 145 crore and has ordered planes worth over Rs 50,000 crore.

He also informed the meeting about the decision of Airports Authority of India to raise funds by issuing infrastructure bonds worth Rs 5,000 crore. AAI is modernising and upgrading a large number of airports throughout India, including those in Kolkata and Chennai.

Elaborating on the need for reducing the burden of ATF, the Minister said the prices of jet fuel had increased by as much as 99.6 per cent in one year. The private airlines had recently withdrawn a strike call to protest against the high taxation on ATF and high airport charges.

Giving comparative figures, he said ATF price per kilolitre averaged between Rs 24,000 to Rs 26,000 from the entire East and Southeast Asia to Dubai, London and New York. However, its price in states like Andhra Pradesh, which had the lowest sales tax rate of four per cent, ranged between Rs 34,000 and Rs 35,000. In Delhi, it was Rs 38,000, in Mumbai over Rs 40,000 and in Kolkata Rs 46,000.

Wednesday, August 12, 2009

ISRO eyes mission to Mars; Govt sanctions Rs 10 cr


After the challenging mission to moon, ISRO on Wednesday said it has begun preparations for sending a spacecraft to Mars within the next six years.Government has sanctioned seed money of Rs 10 crore to carry out various studies on experiments to be conducted, route of the mission and other related details necessary to scale the new frontier, said ISRO Chairman G Madhavan Nair.

"Already mission studies have been completed. Now we are trying to collect scientific proposals and scientific objectives," he told reporters on the sidelines of a day-long workshop of the Astronautical Society of India in New Delhi.He said the space agency was looking at launch opportunities between 2013 and 2015.

Chandrayaan-I, the country's maiden unmanned moon mission, appears to have fired the imagination of young scientists who have taken to space sciences and ISRO plans to tap this talent for its mission to Mars.

"A lot of young scientists are being brought into the mission, particularly from the Indian Institute of Space Technology, the Physical Research Laboratory, Tata Institute of Fundamental Research and other research laboratories," K Radhakrishnan, Director of Vikram Sarabhai Space Centre, said.

He said the space agency would use its Geosynchronous Satellite Launch Vehicle (GSLV) to put the satellite in orbit and was considering using ion-thrusters, liquid engines or nuclear power to propel it further towards Mars.


Tuesday, August 11, 2009

Great intensity earthquake hits Andaman island, Japan

A great intensity earthquake of 7.6 magnitude on Richter scale struck off the Andaman and Nicobar islands on Tuesday, Indian Meteorological Department said.

However, no casualty has been reported so far. The quake hit the island at 01:26 AM about 265 kms north of Port Blair city, the IMD said.Tremors were also felt at several places in Chennai. The residents of Anna Nagar, Mylapore, Besant Nagar and Nungambakkam areas in Chennai felt the tremors.

Complaints of cracks in the houses were also received from few places.

Quake strikes Japan

Powerful earthquakes on Tuesday rattled Japan, triggering panic on fears of a tsunami and injuring dozens of people southwest of Tokyo.

The quake struck in the early hours, shutting down bullet train services in the affected region of Japan and provoking a landslide with the nation already braced for more damage from Typhoon Etau.

At least 43 people were injured, mostly by falling objects, with two in a serious condition, said a Shizuoka prefecture official.

Monday, August 10, 2009

India to open new uranium mines, boost nuclear power

India is embarking on opening new uranium mines and boosting nuclear power generation capacity as fuel supplies are expected to get a major push from domestic and international sources, a top scientist said.

Chairman of Atomic Energy Commission Anil Kakodkar told a news agency in Bangalore that the first consignment of 120 tonnes of uranium pellets had already landed in India, and the government was engaged in a dialogue with international vendor countries to get more such supplies.

Kakodkar said the uranium had been delivered under a kind of a long-term contract (with Russia). "They (Russia) will keep delivering and we will use it in the reactors, which we are putting under safeguards," he said. "We also had a contract with Areva (of France) and uranium has come from there too," said Kakodkar, also Secretary in the Department of Atomic Energy.

The scientist said India was talking to a number countries, but did not name them saying that the discussions with some countries were "in very fluid stages".Prospective vendor companies are currently in discussion mode and have to go through a lot of understanding about the reactors and their design, among other things, he said.

Its not a shop where you go and buy. You have to customise in given site. That work is going on and after that it has to be costed.We have to find out what its going to cost us and we have said that electricity generation should be competitive with other alternatives which are available," Kakodkar said.
He said the vendors would have to do a lot of value additions within India. "Thats what we are emphasising. So, this is a detailed exercise as it may take some time. These are processes which easily take one year to one-and-half years," Kakodkar said.

India's current nuclear power generation capacity is 4,120 MW which is planned to be increased by around 3,000 MW within the next two years as some of the reactor projects are currently under construction. The focus is also on reaching full capacity at the existing and new nuclear power plants.

Saturday, August 08, 2009

Adequate foodgrains available for any difficult situation:

Observing that the country was facing a "difficult situation" following delayed and deficient rainfall, PM Manmohan Singh has said the Centre has adequate foodgrains and would not hesitate to take strong measures and intervene in the market if the need arose.

"Agricultural operations have been adversely affected in several parts of the country causing distress to farmers. A deficit of more than 6 million hectares has been reported in paddy, which is the worst affected crop," he said addressing the Conference of Chief Secretaries on the monsoon situation at New Delhi on Saturday.

The government has enough cushion on account of bumper production in the previous two years, Singh said. "We are in a position to ensure adequate availability of foodgrains in drought affected areas. We should not hesitate to take strong measures and intervene in the market if the need were to rise," Singh said in the presence of Agriculture Minister Sharad Pawar.

Emphasising the need to act promptly, collectively and effectively, he assured the Centre's full support regarding any additional assistance that States would require on this front. "In no case, should we allow citizens to go hungry."

Cautioning that the reduced production of Kharif crop in the current year may have an inflationary impact on prices of food items in the coming months, Singh said the Centre and states will have to work together and activise the public distribution system (PDS).



"We will also have to ensure effective enforcement of stock holding limits and strong action against hoarders and black marketeers," Singh said, observing that of late, the country has witnessed rising trend in prices of pulses, sugar and some vegetables.

On immediate concerns over monsoon, Singh urged states to commence relief operations wherever there was a need. "In case the Contingency Relief Fund available with the States is not sufficient, they (States) should quickly prepare a detailed memorandum for assistance under the National Calamity Contingency Fund," he said.

Singh regretted that no state governments has so far send memorandum seeking assistance for drought affected districts, even though 141 districts of the country have been declared as drought affected.

Friday, August 07, 2009

Air India in talks with govt on turnaround

Faced with a Rs 60,000 crore debt, Air India is in talks with the govt for equity infusion and a soft loan even as it began a major cost-cutting exercise, which includes the launch of a low-cost domestic service this September.Aiming at a turnaround in the next 2-3 years with initiatives like starting Special Business Units in areas like maintenance, repair and overhaul, cargo and groundhandling, AI CMD Arvind Jadhav said the company was negotiating with banks and financial institutions to turn its high-cost debt of Rs 10,000-11,000 crore into low-cost.

However, the banks want the national carrier to get a comfort letter or a sovereign guarantee from the government to convert the high-cost debt into low-interest loans, he said."We have never written to the government for a bailout package ... we have never talked of waiver of ATF charges, waiver of taxes, waiver of penalties," he told reporters at New Delhi on Friday.

"The airline had made a presentation to the government on the need for equity infusion and soft loan and the government is carrying out a financial analysis," Jadhav said. Air India Express, the national carrier's low cost entity, will commence domestic operations from September with 27 percent of Air India's existing routes that were not profitable, he said, adding ten additional aircraft would be deployed for this purpose.

Noting that current market pressures would continue over the next two-three years, Jadhav said AI would start preparing for an initial public offering in 2010-11 as well as additional fund offering in the next fiscal.He said the national carrier was estimating an earning of Rs 180-200 crore through its low-cost operations on the domestic sector, which would "improve our bottomline".

Air India would gradually shift 70-75 percent of its existing domestic operations to Air India Express, he said.The airline will focus on high-density domestic and international routes and operate an "aggressive" route restructuring to provide seamless connectivity, he said.

A cost management and audit team has been set up to look at AI's overall financial restructuring, including debt servicing, risk management, hedging and other related issues.To questions on manpower rationalisation, he said the creation of SBUs relating to engineering, MRO and ground handling would lead to almost two-thirds of the 32,000 staff going out of airline operations, thus lowering the aircraft-to-employee ratio to match global standards.

Thursday, August 06, 2009

Govt approves acquisition of Russian Kamov-31 choppers


In a bid to strengthen the Navy's capabilities to detect airborne and surface-based maritime threats, Government has approved the acquisition of five Russian Kamov-31 early warning choppers. Defence Ministry officials said the Cabinet Committee of Security (CCS) at a meeting on Tuesday gave its approval for procuring these choppers, which can track 30-40 targets on ground and air simultaneously with its airborne electronic warfare radar, mounted on the underbelly of the chopper.

The deal for the five choppers between India and Russia is expected to be signed in the next couple of months, they said. Navy already has a fleet of nine Ka-31 helicopters, which are deployed on India's only aircraft carrier INS Virat and the Talwar Class Guided Missile frigates of the Navy.

They are also operated from Navy's shore based air stations. To modernise its air arm, the Navy is on a look out for various types of helicopters including the 10 tonne class multirole helicopters for which global tenders were released last year.

Wednesday, August 05, 2009

Patel promises to convert AAI into a company by 2010


Airports Authority of India would be turned into a company by amending laws to enable the body raise funds from market for carrying out modernization of a large number of major airports across the country, Civil Aviation Minister Pratfall Patel said on Wednesday."We are looking at corporatizing the AAI, turning it into a company from an authority which it is now... our objective is to list AAI (in the stock market)," he told reporters.

This, he said, would be carried out by amending the AAI Act that governs the airports' body to "help them in their financial future". "Funding will become easier if it becomes a company," Patel said. The amendment would be placed before Parliament "latest by March 2010.

Replying to a spate of questions he said, private infrastructure firms, including those involved in airport modernization, were listed companies and had good standing in the market. The AAI is currently modernizing major airports in and Chennai and 35 non-metro airports. It has huge properties including land and other assets across the country.

On upgrading non-metro airports, Patel said, the AAI had already started upgrading the terminal buildings. Private parties under the private-public partnership model are developing the city-side in these airports. The AAI is also making efforts to increase the non-traffic revenues at airports by better exploitation of the commercial opportunities, he said, adding that the terminal building was decided to be privatized.

In Parliament earlier, he had said the authority is planning to spend Rs 12,434 core for modernizing airports and air traffic services across the country during the Eleventh Plan period.These development projects would be financed through internal resources and borrowings by the AAI.

Of the 125 airports managed by the AAI, 86 are operational. As many as 15 of them made profit during 2007-08, the Minister said.The number of profit-making airports during the last three years was 13 in 2005-06, 14 in 2006-07 and 15 in 2007-08, he said.

Also, the minister had pointed out that major domestic airlines owed around Rs 250 core to the AAI for using various facilities, including air traffic control, parking space and landing facilities. These include Kingfisher Airlines, Jet Airways and Air India

Tuesday, August 04, 2009

India will achieve uranium self-sufficiency by 2013


India is expected to achieve self-sufficiency in uranium production to feed its existing nuclear power projects and proposed plants by 2013, Atomic Energy Commission Chairman Anil Kakodkar said today.With the Jadugoda Uranium mill in Jharkhand expanded and the proposed expansion of Turamdih mill expected to be over next year, uranium production would go up.

Besides, exploration of uranium is underway at Tummalapalle in Andhra Pradesh and it is expected to go on stream by 2013, he told reporters here.Kakodkar was here on the occasion of five years of the propellant reaction project at the Indira Gandhi Centre for Atomic Research attaining criticality.

We are also working to explore uranium at Gogi near Gulbarga in Karnataka," he said and expressed the hope that a proposed project at Meghalaya would also be cleared soon.With the completion of proposed projects, the country would overcome shortage of uranium by 2013.

Stating that the existing reactors were of world class, Kakodkar said, "We will also put in continuous efforts to further improve their performance through our research and development team.Centre had given approval, in principle, for setting up a 4X700 MW nuclear power reactor unit.

We want to quickly get (final) approval and start constructing these projects. There are also plans to set up another 4x700 MW power unit, he said but did not divulge details.