YK MYK WEATHER TODAY MAX 28 C MIN 23 C ACCREDITED SOCIAL HEALTH ACTIVISTS STRUGGLE FOR SURVIVAL OPINION Rainfall may occur. Rs. 3 KOLKATA SATURDAY, 29 AUGUST, 2020 PG-8, YEAR—7, ISSUE—108 (RNI NO: JHAENG / 2012 / 44137) CHINA BUILDS 5G INFRA ALONG LAC, FRESH CONSTRUCTION AT PANGONG NATION Morning India COVID-19 toll in Bengal touches 3,073 with 56 new casualties KOLKATA: Following the death of 56 more people in West Bengal due to Covid -19 pandemic in one day today, the total number of casualties in the state during the last 24 hours further increased to 3,073 by tonight,one of the highest in the country. At the same time a record number of another 2,982 people also tested Covid-19 positive in the state,causing concern for all for such a rapid growth. Informing this the latest Medical Bulletin issued by the state Health department here tonight said in the wake of an unabated surge in the num- ber of infected people in one day, like a total number of 2,982 people today, the absolute number of those affected by Corona virus in Bengal also crossed 1,53,000 mark for the first time today to touch the figure of 1,53,754, up from 1,50,772 yesterday Among today's 56 new casualties, 28 were the residents of Kolkata and 14 were from North 24 Parganas and Howrah, while the rest were from other districts of South and North Bengal,the Bulletin said. Of the record number of 2,982 fresh Covid cases in one CORONA METER INDIA TOTAL CASES: 3,403,555 TOTAL DEATH: 61,887 WORLD TOTAL CASES: 24,678,835 TOTAL DEATH: 836,704 AT A GLANCE STEPS TO REDUCE POTATO PRICE IPL: 12 CSK SQUAD MEMBERS TEST COVID POSITIVE, TEAM IN QUARANTINE NEW DELHI:In a shocking development, as many as 12 Chennai Super Kings squad members, including players and coaching/support staff, have tested positive for coronavirus, just 22 days before the IPL begins in the UAE, sources told IANS on Friday. According the sources, the entire team has been quarantined after the development. NTPC APPOINTS NEW DIRECTOR PROJECTS KOLKATA: Ujjwal Kanti Bhattacharya today took over as the Director (Projects), NTPC . Bhattacharya joined NTPC in1984 after becoming an Electrical Engineering Graduate from Jadavpur University. Later he also completed his PG Diploma in Management from MDI, Gurgaon. Beginning his career in Green Field Project Construction of NTPC and followed by working in the areas of Power Plant Operation and Maintenance, Renovation and Modernization at NTPC Farakka in West Bengal, Bhattacharya later moved to NTPC Talcher Thermal in Odisha to make it a top performing station in years to come. He also has significantly contributed towards NTPC’s vertical and horizontal business diversification as well as growth through inorganic route. He has also been at the forefront of JV formulation and Project conceptualization for the 1320 MW Maitree Power Project in Bangladesh. KOLKATA: In view of the rising prices of potatoes in the market, a decision has been made by the state government to reduce the prices of potatoes. The Kolkata: state government has directed that the maximum potato can come in the market at the rate of Rs 22 per kg from cold storage. Customers will be able to buy potatoes at the rate of maximum Rs 25 per kg. Officials of the Agricultural Marketing Department will supervise the matter. If anyone tries to increase price, action will be taken against him. There are plans to reduce potato prices within seven days. According to information received, the state government decided that if prices do not come down, then the export of potatoes to other states will also be banned. CBI questions Rhea for the first time MUMBAI: Amid startling revelations in her media interview, Bollywood actress Rhea Chakraborty on Friday appeared before the Central Bureau of Investigation for the first time in the ongoing probe into the death of actor Sushant Singh Rajput. Accompanied by her father, Rhea, 28, reached the DRDO-IAF guest house in the suburbs after the Supreme Court transferred the case to the CBI and it launched its probe on August 6. Among other things, the CBI team is likely to get her version of Sushant's mental condition; their Europe trip on which she has made several claims of his health, etc.; corroborate her statements with those given by the others questioned so far in the case, including her brother Showik. This comes a day after Sushant's father Krishna Kishore Singh made the sensational allegation that she had administered poison to kill his son, and demanded her arrest. Earlier, Sushant's kin have blamed the Chakraborty family for his death and allegedly swindling off Rs 15 crore from his bank account, but Rhea has denied all the accusations. NCRB SEEKS DETAILS FROM ED MUMBAI: The Narcotics Control Bureau (NCB) has asked for details from the Enforcement Directorate (ED) officials that may have surfaced during their investigation in the case related to the death of actor Sushant Singh Rajput, officials said here on Friday. According to NCB officials, the NCB team probing the narcotics case registered in the matter has sought more details from the ED in the matter. Notably, the ED and the Central Bureau of Investigation (CBI) are also probing the case. The NCB had earlier this week registered a case against actor Rhea Chakraborty and others in connection with Rajput's death case under various sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. day in the state, the maximum 1425 were from Kolkata alone, followed by those from other districts, the bulletin said. Meanwhile,the total number of Active and serious Corona cases in different hospitals once again reduced by 360 today to bring further down their total number to 26,349 from 26,709 during 24 hours ago. In this present grim situation the only positive indication was the rapid increase in the number of daily Covid-19 tests in the state which has for the first time remained stagnant at 42,000 since yes- terday to touch the figure of 42,121 by tonight from 42,474 yesterday. As a result the total number of daily tests has now touched the astounding figure of 17,58,728 tonight from 17,16,607 yesterday, the Bulletin said Similarly the rate of recovery of Covid-19 patients in West Bengal during the day also once again marginally surged to a record 80.86 per cent from 80.28 per cent yesterday, compared to the national average of around 79 per cent. Altogether 3,286 people were discharged from different hospitals and safely returned home today. CM TO GO TO VILLAGE CAMPAIGN SANJAY SAHAY Kolkata: CM MAMATA Banerjee has been consistently opposing antifarmer policies of Central Government. On September 16, Trinamool Congress will stand with farmers in agricultural areas to protest against the anti-farmer policies of the Centre. Mamata Banerjee herself will also participate in demonstrations in some villages. Bengal will take steps to create massive job opportunity for all KOLKATA: The CM Mamata Banerjee on Friday announced that at least 200 educated youths will be appointed every year at the office of CM in Nabanna from 2021 as ‘Interns’ to help them learn the tit bits of various government jobs and earn necessary experience for their future endeavors. Making this announcement while addressing a virtual meeting of students and the members of Trinamool Youth Congress, the youth and students wing of ruling TMC, on its foundation day Friday from her house, CM also called them upon to ‘become good human beings’ to dedicate themselves for betterment of life of not only to the poor and downtrodden but for the people from all walks of life everywhere.Launching a scathing attack on BJP and the Union government in her usual manner for their alleged anti people and antistudent policies and throwing their future in jeopardy in the middle of this current Covid19 pandemic, the CM assured them that her government would always remain by their side in the thick and thin of their life. Elaborating the long list of developmental work done by her government not only for the students community but for ‘each of the 10 crores people’ of the state during the last 9 years in West Bengal, the CM said as a result of such work the scope of generating huge employment opportunity had been created in different sectors. Claiming FIR against Tej, hotel for violation of Covid norms RANCHI: The district administration on Friday registered an FIR against former Bihar health minister and son of RJD supremo Lalu Prasad, Tej Pratap Yadav for alleged violation of lockdown norms during his visit to Jharkhand on Thursday. A case was also registered against a hotel for allowing accommodation to the former minister during the visit. The administration said that both the FIRs have been lodged with the Chutia police station area of Ranchi city. Police said that Tej Pratap allegedly violated the rules by not keeping himself in 14-day quarantine after arriving from neighbouring Bihar to Jharkhand. The administration further claimed that the former minister arrived and left the state without proper permission. The case in this connection has been registered under section 269 and 270 of the Indian Penal Code. It may be stated here that a person can be granted exemption from quarantine if he arrives by air and leaves the state within 72 hours. Tej Pratap had, however, come to Ranchi by road to meet his father at Rajendra Institute of Medical Science. According to police, an FIR was also lodged against the Hotel Capital Residency owner and manager. According to the govern- ment order, during Unlock-3 hotels, religious places and gyms are not permitted to operate in Jharkhand. Police said Tej Pratap Yadav reached here at 2.30 a.m. on Thursday to meet his father. He stayed at Capital Residency in Ranchi. His meeting with Lalu Yadav lasted for nearly two and a half hours. The Ranchi district administration and police raided the hotel and found evidence of Pratap's stay there. It may be stated here that earlier the BJP had demanded action against Tej Pratap for violating the norms. “The FIR should be lodged against Tej Pratap for violating the guidelines for the coronavirus. He came in a large convoy and went to RIMS causing trouble for the patients. Pratap stayed at the hotel which is also a violation of the guidelines. The state government is allowing Lalu Yadav to hold meetings despite being a prisoner" said Rabi Bhatt, a BJP leader. Abhishek Banerjee at Chatra Parishad Divas celebration program. Prabir Bhattacharya that West Bengal had secured the top spot in the country in terms of achieving unmatched success in a number of developmental projects like creating the highest number of job opportunity, in Skill Development and in the distribution of over 1.2 million of Kisan Credit Cards to the farmers, the CM said all these were being done in spite of not receiving any financial assistance from the Centre. ‘You must remember that we are undertaking all these work despite not receiving the government’s long pending dues amounting to Rs 53,000 from the Centre, while paying Rs 60,000 per annum to the Centre as interest for previous loans, she told the students. Referring to some of the major projects taken up by her government to create thousands of more jobs in the state, the CM said they included the cabinet decision to set up Eastern India’s first Cable Landing Station at the coastal town of Digha, start the construction of a deep sea port at Tazpur, begin the first phase of work at the Deucha-Pachami coal block in Birbhum district and the launch of a Broadband Policy for this year. In addition several more thousand IT jobs would be created at the proposed Silicon hub and at several other ITES and Engineering hubs in the state soon, she said amid huge applauds from the students and Youth TMC members hoping for a bright future. Among others Youth TMC President Abhishek Banerjee and several senior ministers including Partha Chatterjee and Subrata Mukherjee also spoke on the occasion. A RALLY OF ‘FIT INDIA FREEDOM RUN’ IS ORGANIZED IN CLW CHITTARANJAN: In order to take part and support the initiative for ‘Fit India Freedom Run’ introduced by Ministry of youth affairs and sports and supported by Indian Railway; a run & walk rally was organized by CLW Sports Association following all precautionary measures of Covid-19, from CRJ officer's club on 28.08.2020, today in CLW. Shri R.S Sinha, PCMM & president of CLWSA along with other officers, staff and their families, sports persons, member of CLWSA participated in this rally by maintaining social distance and wearing face mark. The movement 'Fit India Freedom Run' has already started on 15th August and will last upto 2nd October 2020. Wave of IT outsourcing expected post Covid to benefit India WITH MOST EFFICIENT SUPPLY CHAINS, INDIAN IT SERVICES COS ARE POSITIONED FAVOURABLY: GOLDMAN SACHS NEW DELHI: Post Covid-19, a third wave of IT outsourcing after the previous ones in the year 2000 and 2008 is expected, which would benefit Indian IT companies and tech jobs. Marquee financial services house, Goldman Sachs said in a report, "Post Covid-19, we expect a third wave of outsourcing and an increasing number of technology roles globally finding their way to India as work from anywhere becomes the new accepted norm". "With the most efficient supply chains, we believe India IT services companies are positioned favourably to benefit from a third wave of outsourcing after previous waves in 2000 (post Y2K) and in 2008-09 (post Global Financial Crisis)", said Goldman Sachs. Due to these tailwinds and given estimates of further increase in Global/US GDP esti- mates on a sharper recovery, Goldman Sachs has increased its FY22E-23E sector revenue and earnings forecasts by up to seven per cent and now forecast 12.6 per cent US dollar revenue growth in FY22E (vs. -2.7 per cent in FY21E, and vs. prior 9.7 per cent) for the top five Indian IT firms. "These changes are supported by our IT services demand tracker (link) and management/expert commentaries during our India corporate day", it said. In the past, major crises have tended to lead to a sharp increase in outsourcing and even offshoring particularly to India, which has consistently experienced much lower wage levels for technology developers compared to the Developed Markets (DMs), amid an increasing annual base of engineering graduates. Goldman Sachs said the first such wave happened after the Y2K problem in 2000 when India's IT industry was growing at more tan 40 per cent from a small base and very low global penetration, driven largely by labour cost arbitrage. A second wave started post GFC in 2008-09 when India's IT industry grew at more than 15 per cent consistently for three to four years before the growth normalised to high single digits. This happened both due to a shift to cloud based infrastructure and the higher use of automation tools, forcing Indian IT firms to look for new ways to sell IT solutions, shifting from labour cost arbitrage to business transforma- tion through digital technologies. Goldman Sachs expects that post Covid-19, a third wave of outsourcing and an increasing number of technology roles globally finding their way to India as Work From Anywhere becomes the new accepted norm. As per various global surveys, several top firms are planning to have a few of their employees work from home permanently, and in a recent expert call with McKinsey, a few large IT contracts were noted as having as high as 75 per cent of employees engaging in Work From Home. TCS is planning to have 75 per cent of its employees working from home permanently by 2025 estimated and TechM is gearing for 25-30 per cent of its employees working from home by 2021 estimated on a rotational basis, Goldman Sachs said. "This strategy, we believe IN THE PAST, MAJOR CRISES HAVE TENDED TO LEAD TO A SHARP INCREASE IN OUTSOURCING AND EVEN OFFSHORING PARTICULARLY TO INDIA, WHICH HAS CONSISTENTLY EXPERIENCED MUCH LOWER WAGE LEVELS FOR TECHNOLOGY DEVELOPERS COMPARED TO THE DEVELOPED MARKETS (DMS), AMID AN INCREASING ANNUAL BASE OF ENGINEERING GRADUATES. would bring certain permanent cost advantages to the IT services firms around lower rental, facility expenses, including electricity, maintenance/repair and even lower capex around land/building required for extra seating arrangements. Some of these benefits though may be offset by additional capex for home IT infrastructure like desktops, more robust wireless/broadband networks and cyber-security tools", it added. Digitally skilled employees in India have grown exponentially at 37 per cent CAGR FY17-FY19, making India the largest hub and potentially the biggest beneficiary under the Work from Anywhere norm. "We believe these digitally trained employees at Indian IT firms are likely to drive overall revenue growth, which would be the key reason for their increasing relevance amid the requirement for digital-at-scale solutions", the report said. "We see TCS as one of the largest beneficiaries of these trends given its wide array of services/capabilities, geographic presence, wide client base, consistent strong execution and ability to work remotely at a large scale with 450K employees", it said.