YK MYK WEATHER TODAY MAX 29 C MIN 22 C TRUMP'S TASK: RESETTING CAMPAIGN THAT GOP FEARS IS SLIPPING WORLD Rainfall may occur. Rs. 5 RANCHI TUESDAY, 13 OCTOBER, 2020 PG-12, YEAR—10, ISSUE—162 (RNI NO: JHAENG / 2012 / 44137) CORONA METER INDIA TOTAL CASES: 7,133,368 TOTAL DEATH: 109,348 WORLD TOTAL CASES: 37,835,155 TOTAL DEATH: 1,082,570 AT A GLANCE Kerala becomes first state to go digital in public education THIRUVANANTHAPURAM : Kerala on Monday became the first state in the country to go completely digital in public education. This has been possible due to the efforts of successive governments in the state, where education has always been given huge importance. Chief Minister Pinarayi Vijayan will be making the official announcement soon. By virtue of the hi-tech projects comprising the Rs 493.50 crore hi-tech school project for secondary schools and the Rs 300 crore hi-tech lab project for primary schools, all the 16,000 public schools in the state are now equipped with 374,274 IT equipment, including 119,055 laptops, 69,944 multimedia projectors, 100,473 USB speakers, 23,098 projector screens, 43,250 mounting kits, 4,545 LED TVs, 4,578 DSLR cameras, 4,720 full HD webcams and 4,611 multi-function printers along with high-speed broadband internet connectivity to 12,678 schools. These programmes are being implemented by the Kerala Infrastructure and Technology for Education (KITE). K. Anvar Sadath, CEO at KITE, said that all the equipment have a fiveyear comprehensive onsite warranty, which is the first of its kind in the country, and to address any complaint, a webportal and call centre are also functional. All equipment come with an insurance coverage. CM approves Rs 10L for martyr kin RANCHI: Chief Minister Hemant Soren on Monday approved a proposal granting Rs 10 lakh to Kherun Nisha, mother of Seema Suraksha Bal jawan Israr Khan who was martyred in extremist violence. The state would appoint Khan's brother in a third grade post. Notably, a resident of south Golakdih in Dhanbad district, Khan was martyred in violence in Kanker district of Chhattisgarh on April 4 2019. KANGANA ON IRA KHAN'S DEPRESSION: 'DIFFICULT FOR BROKEN FAMILIES CHILDREN' CINEMA & SCREEN Morning India Govt to give cash vouchers to staff in lieu of LTC: FM NEW DELHI: Finance Minister Nirmala Sitharaman unveiled new proposals to stimulate demand in the economy in the wake of the coronavirus pandemic. Addressing a press conference, Ms. Sitharaman said that she has broadly classified the proposals into two different compartments - consumer spending and capital expenditure. She said: "There is no gain saying that the pandemic has affected the economy adversely. The needs of the weaker and poor sections have been addressed somewhat in the various packages announced so far. Supply constraints have somewhat eased but consumer demand still needs to be given a bit of a boost. The proposals presented today are defined in such a way - by frontloading some expenditure or advancing some expenditure with some offsetting charges later. The others are directly linked to an increase in the GDP." The Finance Minister said that the consumer spending proposals include a LTC cash vouchers scheme and a special festival advance scheme. The LTC Cash Vouchers scheme is mainly targetted to employees in the government and other organised sectors. The Minister described the scheme as follows: "Government and many organised sector employees have their jobs and salaries protected and some initial indications suggest savings have increased as many couldn't spend their usual expenditure during the lockdown." She continued: "Central government employees, in a block of four years - between 2017-18 and 2020-21 employees would have normally availed of one leave travel concession for any destination of their choice plus one visit to their hometown. If they didn't choose leave travel to one destination of their choice, they would usually go twice to their native village. This would mean air or rail fare as per their pay scale is reimbursed to them. In addition, they also get ten days of leave encashment, which they pay tax on. The travel fare is tax exempt." In the new scheme, all this Ex-CEO of Jharkhand Co-op Bank arrested JAMSHEDPUR: A team of CID officials arrested former Jharkhand Co-operative Bank chief executive officer Sanjay Dalmiya from West Bengal. Dalmia who was wanted in connection with a case of bungling registered with the Seraikela thana in August this year was arrested from Narsingbandh village in Bardhman district of Bengal where he was staying having concealed his identity. Dalmia in connivance with his subordinate staff had embezzled Rs 38 crores from the Seraikela branch of the Jharkhand Co-operative Bank in the year 2018-19. The accused had manipulated to embezzle Rs 38 crores from the bank after granting loans in the name of eight separate businessmen on the basis of fabricated documents. Following an audit, the scam had come to the fore, leading the management of the bank to lodge an FIR against Dalmia and others. In this connection, the police had registered two separate cases with the Seraikela thana on August 22, 2019 against Dalmia, branch manager Sunil Kumar Satpathy, Birendra Kumar, accountant Shankar Bandopadhyay of Chaibasa branch, managing director of Chaibasa regional office of the bank, Manoj Nath Sahdev, assistant general manager of the bank, Sandeep Sen, another chief executive officer, Brijeswar Nath, assistants Mansa Mahto and Madan Lal Prajapati. Initially, the police had tried to detect the cases and had interrogated several suspects but as it failed to make any headway, the government had transferred both the cases to the CID. Soon after taking over the cases, the CID had arrested Sunil Kumar Satpathy and Mansa Mahto in May this year. Additional director general (CID), Anil Palta confirmed the arrest of Sanjay Dalmia. "Sanjay Dalmia who was absconding in connection with cases related to embezzlement of Jharkhand Co-operative Bank money was staying at Bardhaman district in Bengal having changed his name. He has been arrested by a team of CID officials," said Palta while talking to Morning India. remains the same, but they can include travel now, said Ms. Sitharaman. "Many of them don't want to because of COVID-19. Instead, what we are offering is to give the money to them based on three slabs - as per government rules and procedures they could spend it to buy something of their choice. These are flat rate slabs equivalent to the round ticket fare they would have spent. This must be spent on items that have 12% GST or more; for instance, you cannot use it to buy food that has 5% GST slab. You can only spend them in digital mode only, no cash payments," explained the FM. "You will also have to buy only from GST-registered sellers so a GST invoice would be required on the basis of which they will be reimbursed. This spending has to be completed by March 31, 2021," she said. This, the Finance Minister said, is a way to incentivise those whose jobs have not been affected due to the pandemic to contribute to revival of demand for the benefit of the less fortunate. Three times the amount equivalent to the return air/rail fare would have to be spent to qualify for this. If the Central government employees opt for it, it would cost ?5,675 crore. Public sector employees can also avail this, which would cost ?1,900 crore that they would have got as LTC anyway. The Minister added that the tax concessions are available for the State governments and the private sector companies too. "So if they choose to give such things to their employees, they will also get the same benefit that central employees would get. According to our estimates, the demand infusion into the economy from the Centre and PSUs would be ?19,000 crore. If 50% of States join in this, this could spur further demand of ?9,000 crore. These are conservative estimates," said Ms. Sitharaman. "States have their own LTC rules and they can come up with variations in the scheme. So additional consumer demand generated, we expect, would be in the range of ?28,000 crore," she said. allows common values, but also private values that vary from bidder to bidder". "This year's Laureates in Economic Sciences started out with fundamental theory and later used their results in practical applications, which have spread globally. Their discoveries are of great benefit to the society," said Peter Fredriksson, chair of the Prize Committee. The Nobel laureates in Economic Sciences have produced research results that NEW DELHI : Finance Minister Nirmala Sitharman on Monday announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy. Addressing a press conference, she said, out of the Rs 12,000 crore, Rs 1,600 crore will be given to north-eastern states and Rs 900 crore will be for Uttrakhand and Himachal Pradesh. She said Rs 7,500 crore will be for the remaining states. Rs 2,000 crore will be given to states that fulfill pre-stated reforms. The loan will have to be spent entirely on new or ongoing capital projects, she said adding that states can settle bills of contractors and suppliers but all the amount has to be paid before March 31, 2021. The loan is over and above borrowing ceilings of the states and the repayment will be one bullet payment after 50 years, she added. The Finance Minister also announced additional capital expenditure of Rs 25,000 crore by the central government. This will be in addition to Rs 4.13 lakh crore budgeted, she said, adding that the additional money will be for spending on roads, defence infrastructure, water supply and urban development. NEW DELHI: Union Finance Minister Nirmala Sitharaman while addressing the media on the issue of GST compensation to states on Monday (October 12) said: "There was no consensus arrived on a matter on which differences exist. The GST Council can certainly take a call on cess, collection of cess, extending the period of collecting the cess and so on. That was repeatedly reiterated." "Centre has issued the borrowing calendar. If I go beyond the calendar, it will immediately jack up the bond deals. The G sec yield will go up and if this went up then the borrowing cost will increase," she added. Today's meeting was a continuation of the 42nd GST Council meeting, to discuss one agenda item - 9A. Discussions went on the issue of borrowing, extension of cess and so on. She further said that there is no dispute over GST compensation, the only difference of opinion. Sitharaman further clarified that "There is no dispute on this, the entire compensation has to be paid, it will be paid." Sitharaman stated that "the majority of the states had opted for Option 1. On the one hand, they were repeatedly asking for speedy loans. On the other, other states kept saying let us decide on the basis of consensus, as we have not opted for Option 1." 11 lose Covid battle in State ANURAG THAKUR RANCHI: The State on Monday reported 510 cases of Covid-19 taking the total tally to 93035. 11 deaths were also reported, three each from Jamshedpur and Ranchi and one each from Bokaro, Chatra, Giridih, Palamu and Ramgarh. Earlier, 546 cases were reported on Saturday. Among the samples tested positive, 199 cases were reported from Ranchi, 15 from Chaibasa, 14 from Koderma, 80 from Jamshedpur, 11 from Giridih, 5 from Garhwa, 8 from Palamu, 17 from Ramgarh, 7 from Deoghar, 10 from Bokaro, 20 from Dhanbad, 34 from Hazaribagh, 15 from Saraikela, 6 from Khunti, 4 from Latehar, 6 from Sahebganj, 12 from Godda and 11 from Jamtara. Meanwhile, 890 patients recovered from the virus and returned home. A maximum of 308 patients recovered from the virus in Ranchi, 106 in Jamshedpur, 27 from Dhanbad, 14 from Garhwa, 47 from Hazaribagh and 16 from Saraikela. Active cases reached to 7776 and total 84461 patients recovered from the virus so far in the state. However, 798 people lost their lives. Health Secretary, Dr Nitin Madan Kulkarni said that the recovery rate of COVID19 infected patients has increased to 90.78 percent which is a good sign for us. As per the bulletin, the doubling rate of Covid-19 in the state was 85.21 days against the national doubling rate of 64.03days. In the past one week, the growth rate of Covid-19 in Jharkhand was 0.85 per cent against the national average of 1.11 per cent. JMM alliance will bag both seats : CM Basant files nomination in Dumka SANJAY SAHAY RANCHI: JMM candidate Basant Soren on Monday filed his nomination papers for Dumka seat in the presence of Chief Minister Hemant Soren and several other ministers and political leaders. Basant who is the son of JMM supremo Shibu Soren earlier offered prayers at the Dishom Manjhi temple before reaching the office of election officer cum sub-divisional magistrate. Speaking to media persons, the CM expressed confidence that mahagathbandhan will win Dumka and the Bermo by-polls, adding the BJP alliance in Bihar would be also demolished. Stating that Dumka would be the centre of attention during by-polls he claimed, "We will win by a record margin. This seat has been our stronghold. I wish both the candidates good lock for the elections." Regarding the BJP claims, Soren said that during the 2019 elections the then CM Raghubar Das predicted a clean sweep of his party. However, after the election BJP is even finding it tough to find its leader of the opposition in the assembly. He said, "Now the stage is set for the elections campaign let the BJP level allega- Paul Milgrom, Robert Wilson share Nobel for Economics STOCKHOLM : The 2020 Nobel Prize in Economics was on Monday awarded to American economists Paul R. Milgrom and Robert B. Wilson "for improvements to auction theory and inventions of new auction formats". According to the Royal Swedish Academy of Science, Wilson has been awarded this year's Nobel Prize in Economic Sciences as he "showed why rational bidders tend to place bids below their own best estimate of the common value: They are worried about the winner's curse, that is, about paying too much and losing out". Meanwhile, Milgrom "formulated a more general theory of auctions that not only Rs 73,000-cr measures to boost consumer spending, sentiment: PM Modi Centre, states fail to reach consensus have deepened the understanding of how auction markets function in the presence of private information, said the Committee for the prize. Their findings have allowed trained analysts to design new auctions and practitioners to choose more wisely among existing auction formats. Milgrom and Wilson have brought theory and practice tightly together, as few other economists have done. "In sum, their research on auc- tion theory and auction design has been instrumental in gradually replacing a process of intuitive trial and error with a more rigorous scientific approach," it said. Both Milgrom and Wilson are affiliated to the Stanford University. In 2019, the award was shared by Indian-origin economist A b h i j i t Banerjee, Esther Duflo and Michael Kremer. They were awarded for their experimental approach to alleviating global poverty. tions. We would hit all of them for a six." He pointed out that during the assembly elections the BJP has very little issues to raise. The opposition has lost its identity in Jharkhand and is now facing loss of ideas. He also pointed out at a vast gathering of leaders from JMM, Congress and RJD who have come for the nomination process. Congress minister Alamgir Alam said, "The election bugle has been blown. This is the work place of JMM supremo Sibu Soren. His blessings are still with the people of the area." Alam said: "people had elected our representatives from these seats in 2019 and people would give a reasonable time to our alliance to assess our performance. The 2019 elections results would be repeated this time also. RJD minister Satyanand Bhokta and the party nominee Basant Soren also expressed confidence about win. Basant said, "I have full faith in people. I do not feel the opposition candidate will be able to put up a fight." Notably, Basant was actively involved in electioneering when the CM won from here during the 2019 elections. The CM had won from Dumka and Barhet seats but chose to represent the later. Meanwhile, the BJP candidate Loius Marandi said that the JMM had managed to win by making tall promises to people in 2019. She said the people would like see the works on the grounds. DM owns responsibility for 'night cremation' in Hathras LUCKNOW : Hathras district magistrate Parveen Kumar Laxar has owned full responsibility for the decision related to holding the cremation of the 19-year-old victim in the night. Laxar pleaded that cremation had been done in the dead of the night because they had received intelligence inputs that some vested interests could try to provoke caste violence. He also said that there was a possibility the body decomposing if the cremation was delayed further. He denied that there was any pressure on him from the government or higher officials. The Lucknow bench of the Allahabad High Court that held a detailed hearing of the 'forced cremation' of the Hathras victim on Monday, said it would give the detailed order later. The court has fixed November 2 as the next date of hearing. The division bench of Justice Pankaj Mithal and Justice Rajan Roy heard the victim's family and also various government officials during its two-hour hearing. The victim's family pleaded that the trial of the case be shifted to either Delhi or Mumbai. Seema Kushwaha, counsel for the victim's family said that the family wanted the case to be transferred out of Uttar Pradesh. She said that the security of the family was a major concern because the family had already been receiving threats from various groups supporting the accused. She said that security should not be turned into a joke. Seema Kushwaha also urged the court that information about investigations should be kept private so that the family's privacy is not compromised. She alleged that an effort was being made to alter the narrative in the case by disclosing information related to call detail records and other information.