YK MYK WEATHER TODAY MAX 33 C MIN 20 C INDIA-US ECONOMIC RELATIONS HAVE A HISTORY OF STABILITY OPINION Sky will be clear. Rs. 3 KOLKATA FRIDAY, 13 NOV, 2020 PG-12, YEAR—7, ISSUE—178 (RNI NO: WBENG / 2014 / 56803) AT A GLANCE DC FIAT ON SCHOLARSHIP RANCHI: Deputy Commissioner Chhavi Ranjan has directed the District Welfare Officer to verify the documents while disbursing scholarship amounts to students. He said that in case of doubt documents should be verified physically and from block level. He also directed them to clear the pending pre-matric scholarship amount. The DC also directed the Block Development Officers to check the disbursal of amounts related to the cycle given to students. It should also be verified whether cycles have been bought or not. He also directed that the land needed for “ Didi Badi Yojana” should be earmarked and made available for its early launch. DRI FINES KRUNAL PANDYA FOR CARRYING EXCESS VALUABLES MUMBAI: The Department of Revenue Intelligence (DRI) on Thursday stopped Indian cricketer Krunal Pandya at the Mumbai Airport on suspicion of allegedly carrying excess undisclosed amount of valuables, including gold, official sources said here. The Baroda cricketer was intercepted at the international airport where he landed from a UAE flight. CORONA METER INDIA TOTAL CASES: 8,690,621 TOTAL DEATH: 128,204 WORLD TOTAL CASES: 52,612,254 TOTAL DEATH: 1,292,258 POLL RESULTS IN 11 STATES SHOW PEOPLE BACK MODI, SAYS AMIT SHAH NATION Morning India Stimulus 3.0 Centre pushes jobs and infra, expands support to rural sector Nitish may take NEW DELHI: Announcing a fresh round of stimulus package and terming it as 'Atmanirbhar Bharat 3.0', Finance Minister Nirmala Sitharaman laid down a total of 12 new measures to support the economy and industry, ranging from employment generation, collateral-free credit for stressed sectors to subsidised fertiliser for farmers. Sitharaman announced the 'Atmanirbhar Bharat Rozgar Yojana' to incentivise creation of new employment opportunities during the Covid-recovery phase. The employment scheme effective from October 1 will be applicable to eligible new employees joining the EPFO-registered establishments and for those who exited these concerns during the Covid pandemic (March 1-September 30, 2020) and drawing monthly wages of less than Rs 15,000. Under the scheme, the central government will subsidise the Employees' Provident Fund (EPF) contributions for two years. The Centre will provide 12 per cent of the contributions of both employers and the employee for establishments with up to 1,000 employees. In the case of establishments with over 1,000 employees, the Centre will only subsidise 12 per cent of the employees' EPF contributions. Also, in order to provide a further boost to rural employment, the government will provide an additional outlay of Rs 10,000 crore for the Pradhan Mantri Garib Kalyan Rozgar Yojana.The government will provide Rs 65,000 crore to farmers to ensure adequate supply of fertilisers in the upcoming crop season. In a major decision to support the pandemic-hit industry, the government has also announced an Emergency Credit Line Guarantee Scheme (ECLGS 2.0) for providing much needed relief to stressed sectors by help- HERE ARE THE KEY POINTS OF NEW STIMULUS PACKAGE Rs.900 crore for R&D towards COVID-19 vaccine Rs 900 crore is being provided for research and development towards the COVID-19 vaccine. Capital and industrial stimulus Union Finance Minister Nirmala Sitharaman wears a mask during a press conference in New Delhi on Thursday. ANI ing entities sustain employment and meet liabilities. The ECLGS scheme for MSMEs, MUDRA loan borrowers and individuals has been extended till March next year. In a bid to boost housing sales, Sitharaman announced an increase in the permitted differential between the circle rate and agreement value of housing units to 20 per cent from the current mandated limit of 10 per cent till June 30. The increase in differential will be applicable in residential units of value up to Rs 2 crore. Section 43CA of IT Act restricts differential between circle rate and agreement value at 10 per cent. However, prices may actually be lower than that, and the restrictions curbs sale of housing units. To provide ease of doing business and relief to contractors whose money otherwise remains locked up, performance security on contracts will be reduced to 3 per cent earnest money deposit (EMD) for tenders will be RETAIL INFLATION INCHES UP TO 7.61 PC IN OCT NEW DELHI: Driven by rising food prices, retail inflation inched up to 7.61 per cent in October, remaining above the comfort level of the Reserve Bank. According to the Consumer Price Index (CPI) data released by the government on Thursday, inflation stood at 7.27 per cent in September 2020. It was 4.62 per cent in October 2019. The rise in general inflation was mainly on account of elevated food prices. As per the data, the CPI rose to 11.07 per cent in October, up from 10.68 pc in the previous month of September. replaced by bid security self-declaration. The relaxation will be available till December 31, 2021. Centre will also make an additional outlay of Rs 18,000 crore for Pradhan Mantri Awas Yojana (Urban), which is likely to help ground 12 lakh houses and complete 18 lakh houses, as per the Finance Minister. In another boost for infrastructure development, the government will invest Rs 6,000 crore in the NIIF (National Infrastructure Investment Fund) debt platform, which will provide infrastructure project financing of Rs 1,10,000 crore. Sitharaman said that the total value of the government's stimulus support so far is about Rs 30 lakh crore, post the three rounds of 'Atmanirbhat Bharat' economic measure and the measures by the Reserve Bank of India amid the pandemic. Total stimulus accounts for 15 per cent of the GDP, with the Central government's component being 9 per cent and the rest of the RBI. Rs 10,200 crore are being additionally provided as stimulus towards capital and industrial expenditure. This is to make capital and industrial stimulus a priority. PM Garib Kalyan Rozgar Yojana The government has increased the outlay of Rs. 20,000 crore for the PPM Garib Kalyan Rozgar Yojana. The scheme, targetting migrant labourers who returned to their native places, was created integrating MNREGA and Grameen Sadak Yojana. Fertiliser subsidy We are providing Rs 65,000 crore for fertiliser subsidy to benefit farmers, she says. Equity infusion in infra-debt financing Infusion of equity to the extent of Rs 6,000 crore to the NIIF debt platform. NIIF attracts a lot of sovereign funding for investment in infrastructure activities. KOLKATA: Responding to Chief minister Mamata Banerjee's appeal yesterday to immediately increase the frequency as well as the number of local trains in the state to avoid tremendous rush of passengers, the Railway authorities here today decided to run 100 per cent local trains in all sections from tomorrow, particularly during the rush office hours' Following the Chief minister's request the senior officials of both Eastern and South Eastern Railway today held another round of talks with the state government in presence of state Chief Secretary Alapan Bandopadhyay before formally announcing their decision to run 95 per to 100 per cent coaches from tomorrow itself in a bid to control the rush of passengers in each train. Since yesterday only 40 to 45 per cent of the total capacity of trains of both the Railways totaling a little more than 200 coaches started running to and from all the terminal stations in the state, which were found to be totally inadequate within hours of the resumption of the service after 7 months, forcing the CM to make the appeal to the Railways.. 'Along with the Chief minister's request we have also considered our own experience yesterday after the resumption of the suburban train services and felt the urgent need to increase the frequency and number of local trains from tomorrow to effectively control the passengers rush, said Assistant General Manager of Eastern Railways, ANI oath as new Bihar CM on Nov 16 PATNA: Janata Dal-United leader and NDA ally Nitish Kumar is likely to take oath as the Bihar Chief Minister for another term on November 16 after the NDA victory in Assembly elections. In the results that came on November 10, the NDA that fought the elections under its chief ministerial candidate Nitish Kumar managed to bag 125 seats in the 243-member Assembly. Even as the NDA top leadership, including Prime Minister Narendra Modi, has announced that Nitish Kumar will be the new CM, there is also a buzz that the new Cabinet will have two Deputy Chief Ministers from the BJP, similar to the arrangement in Uttar Pradesh. The role of Nitish Kumar is thus expected to undergo a change in the new government since his party has won only 43 seats, much lower than the BJP's 74 seats. As a result, the JD-U will play the role of 'younger brother' in the new Cabinet. The BJP cannot however afford to take a risk by putting pressure on Nitish Kumar for the Chief Minister's post since its top leadership knows that he has the option to switch sides. Nitish will also face the challenges to keep the NDA forces united as the alliance has just three seats more than a simple majority of 122 seats. In this case, the Hindustani Awam Morcha (HAM) led by Jitan Ram Manjhi and Vikassheel Insaan Party (VIP) have assumed the role of kingmakers, despite their pre-poll alliance with the NDA. These two parties are likely to claim important portfolios in the bargain. The past history of these two parties will be beneficial for the JD-U and BJP in the new Bihar government. Nitish Kumar had given the CM post to Manjhi in 2014 in Bihar but when the JD-U leader asked Manjhi to step down, he refused and went over to the Mahagathbandhan. VIP leader Mukesh Sahani was also in the Mahagathbandhan or Grand Alliance of the opposition but demanded 25 Assembly seats to contest apart from the post of Deputy CM from the Rashtriya Janata Dal. DISENGAGEMENT PLANS 100 percent local trains will run to avoid rush of passengers India, China to dismantle new structures in Pangong lake area Labourers carrying Idol of Goddess Kali to Puja pandal from Kumartuli ahead in Kolkata on Thursday. Prabir Bhattacharya Have to struggle for Sarna Adivasi code: CM SANJAY SAHAY RANCHI: Chief Minister (CM) Hemant Soren on Thursday opined that though the state assembly has passed the resolution related to 'Sarna Adivasi code' it is a challenging task to get it implemented. He stated efforts must be made to get the resolution implemented by the central government so that the separate code is added in the next population census. He said the state government has prepared a detailed work plan in this regard. The CM said, "We have always strived to secure the rights of Adivasis and the work will not stop. Adivasi organizations must think over the methods to remove Nitish Kumar at JD(U) office in Patna on Thursday. CM Hemant Soren posing for selfies as members of Tribal community gathered at the CM’s residence on Thursday to thank him, a day after Sarna Code resolution was passed by Jharkhand Vidhan Sabha. the hurdles in a separate code for Sarna." He said the issue would also be discussed in the Tribal advisory council. Soren informed that he was striving for an Adivasi Sarna code for the past 15 days and thinking of the way out to get it passed in the assembly. He said he was now feeling nice after the approval of the resolution, adding he is looking at the entire issue rising above the party and religious lines. He stated that there was a need to unite the Adivasi communities at the national level on the issue adding steps have already been taken in this regard. He said the Adivasis have struggled a lot for their rights but a lot of work still needs to be done. The community has to fight for intellectual, social, political, and cultural development, he said, adding they have to save their rich art, culture, and traditions. He said the government is committed to develop the state, adding it has also achieved success in this regard. Meanwhile, Rashtriya Adivasi Sarna Dharm Raksha members congratulated the CM for the passage of the resolution. They said apart from Adivasis of Jharkhand the community members living in West Bengal and Odisha were enthusiastic about it. The Sarna Prarthna Sabha also congratulated the CM on the occasion. NEW DELHI: As part of the disengagement proposals being discussed between India and China, the two sides would dismantle any new structures that have come up during the ongoing standoff since April-May this year in the Pangong lake area. There would also be no patrolling activity by either side between the Finger 4 and Finger 8 as China has given up on its old stand to maintain an observation post in the area, sources told ANI here. The issue of Depsang plains would be discussed between the two countries separately where the Chinese have blocked some patrolling points of the Indian Army and a couple of other patrolling points of the Indian Army where Chinese have not yet disengaged entirely during the first phase of disengagement are also to be resolved soon. The proposals are being discussed as the armies of the two countries have reached an agreement to discuss stepwise disengagement from parts of the Eastern Ladakh sector under which they would be moving back to their respective positions before April-May timeframe earlier this year. The disengagement plan was discussed between the two sides during the 8th Corps Commander-level talks which were held on November 6 in Chushul. As per the disengagement plan which is to be carried out in three steps in one week from the talks in the Pangong lake area, the armoured vehicles including tanks and armoured personnel carriers were to be moved back from their frontline deployment to a significant distance from the Line of Actual Control (LAC) by both sides. As per the discussions, the disengagement of tanks and armoured personnel carriers was to be carried out within one day. The talks were held on November 6 in which External Affairs Ministry's Joint Secretary Naveen Shrivastava and Brigadier Ghai of Directorate General of Military Operations had taken part.