YK MYK JOBS RECOVERY TO BE SLOW AND WORKING POVERTY TO RISE SHARPLY OPINION Rs. 3 KOLKATA SATURDAY, 5 JUNE, 2021 PG-08, YEAR—8, ISSUE—21 (RNI NO: WBENG / 2014 / 56803) ONE OF THE BEST SET OF CLAY-COURT SEASON, SAYS NADAL SPORTS Morning India RBI keeps interest rate unchanged; to maintain accommodative stance Centre to decide course of action soon on Alapan Bandyopadhyay MI NEWS SERVICE NEW DELHI/KOLKATA: The Central Government is examining the reply of the show-cause notice sent to former Bengal Chief Secretary Alapan Bandyopadhyay and will decide on the course of action against him soon, informed sources on Friday. "A reply from Alapan Bandyopadhyay has been received last night and it is being examined. The further course of action will be decided soon," top Central Government sources said. Bengal Chief Minister Mamata Banerjee's newly appointed Chief Adviser, Alapan Bandyopadhyay was issued a show-cause notice by the Central Government under the Disaster Management Act, 2005 asking him to write within three days. "Bengal's former Chief Secretary Alapan Bandyopadhyay had to brief Prime Minister Narendra Modi and follow up. But when Prime Minister arrived at the briefing he was not present. And after being contacted by Prime Minister's entourage he came for the meeting room and left without attending CBSE FORMS PANEL TO DECIDE CRITERIA FOR PREPARING CLASS 12 RESULTS NEW DELHI: Central Board of Secondary Education (CBSE) on Friday constituted a 12-member committee to decide welldefined objective criteria for the evaluation of Class 12 students. As per the CBSE notification, the committee formed under Vipin Kumar, Joint Secretary, Ministry of Education, will submit its report within 10 days. "In view of the uncertain conditions due to COVID and the feedback obtained from various stakeholders, it was decided that Class XII Board Examination of CBSE would not be held this year. It was also decided that CBSE will take steps to compile the results of class XII students as per well-defined objective criteria in a time-bound manner," CBSE said. Notification added that the Committee will be informed shortly about the schedule of the first meeting. the review meeting," official sources had said on Wednesday. On Monday also, a showcause notice was served to Alapan Bandyopadhyay for failing to report to the Department of Personnel and Training (DoPT) as directed by the Central Government. The development took place after Banerjee along with the State Chief Secretary skipped the review meeting chaired by Prime Minister Narendra Modi on May 28 in the aftermath of cyclone 'Yaas'. Bandyopadhyay was to retire on May 31 and had earlier been given three months extension. The Central Government had on May 28 issued an order to recall Bandyopadhyay, and said the placement of his services with the Government has been approved. The State Government was asked to relieve the officer with immediate effect and he was directed to report to North Block by May 31. Banerjee had on Saturday urged Prime Minister Narendra Modi to withdraw the Central Government's order to recall Bandyopadhyay. Later on Monday, she said Bandyopadhyay has retired from service and will not join in Delhi and has been made Chief Adviser to Bengal Chief Minister. Prime Minister Narendra Modi had held a review meeting at Kalaikunda in Paschim Medinipur district to take stock of the post-cyclonic situation. Mamata Banerjee was supposed to attend the meeting. However, she arrived late by 30 minutes and handed him over reports of damage caused by the impact of Cyclone Yaas. Following this, she and the State Chief Secretary left for her "pre-scheduled" meeting at Digha. CHOKSI SLIPS AWAY FROM INDIA'S CLUTCH AGAIN NEW DELHI: After a Dominican High Court adjourned the hearing in fugitive businessman Mehul Choksi's case, the eight member team of CBI, ED and MEA are now en route to India, without the diamond jeweller that duped millions in the PNB multicrore fraud. The next hearing has been adjourned in the matter to June 14. On Thursday, Dominican High Court Judge Bernie Stephenson adjourned the habeas corpus hearing of Choksi, who is wanted in India in the Rs 13,500 crore PNB fraud case. It was adjourned to allow lawyers for Choksi and the Dominican govt to agree on the language to be used with respect to the injunction filed to prevent his removal from Dominica. MUMBAI: The Reserve Bank of India (RBI) on Friday left key interest rates unchanged at record lows as it reiterated its commitment to keep its monetary policy accommodative, to help the economy recover from the world's worst outbreak of COVID-19 infections. It also lowered its forecast for the country's economic growth to 9.5 per cent for the current financial year ending March 31, 2022, from the previous estimate of 10.5 per cent. The six-member monetary policy committee headed by Governor Shaktikanta Das voted unanimously for keeping repo rate - RBI's key lending rate - unchanged at 4 per cent, and the reverse repo rate - the borrowing rate - at 3.35 per cent. "The MPC was of the view that at this juncture policy support from all sides is required to gain the momentum of growth that was evident in the second half of 2021, and to nurture the recovery after it has taken root," Das said. It decided to retain an accommodative policy stance "as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy", signaling there is still room to cut rates further. WEATHER TODAY MAX 37 C MIN 29 C Rainfall may occur. AT A GLANCE CBI DIRECTS STAFF TO WEAR FORMALS ON DUTY RBI Governor Shaktikanta Das addresses during a press conference in Mumbai on Friday. ANI CENTRAL BANK LOWERS GDP GROWTH PROJECTION TO 9.5 PC FOR 2021-22 MUMBAI: The Reserve Bank on Friday lowered the country's growth projection for the current financial year to 9.5 per cent from 10.5 per cent estimated earlier, amid uncertainties created by the second wave of the coronavirus pandemic. Addressing the media after the meeting of the Monetary Policy Committee, RBI Governor Shaktikanta Das said the sudden rise in COVID-19 infections, and fatalities has impaired the near nascent recovery that was underway, but has not snuffed it out. The impulses of growth are still alive, he said, and added that the aggregate supply conditions have shown resilience in the face of the second wave. The RBI Governor said the RBI will "continue to think and act out of the box", planning for the worst and hoping for the best. NEW DELHI: New CBI Director Subodh Kumar Jaiswal has directed all officials of the agency to be dressed in formals on duty, warning them that casual dressing will not be allowed. In an order issued by the Deputy Director Administration, it has been made clear that while all male staff should be dressed in trousers, collared shirts and formal shoes with proper shaving, female staffers will wear suits, sarees, formal shirts and trousers. "No jeans, Tshirts, sports shoes, chappals and casual attire is allowed in the office," the order said. India will be a Bengal leaders appear before ‘significant recipient’ CBI court in Narada case of US vaccines: Envoy MI NEWS SERVICE WASHINGTON: India will be a "significant recipient" of US vaccines, the country's envoy here has said as President Joe Biden announced details of his administration's decision to send 25 million COVID-19 shots to countries across the globe. US President Joe Biden on Wednesday announced that the US will allocate 75 per cent - nearly 1.9 crore of the first tranche of 2.5 crore doses - of unused COVID-19 vaccines from its stockpile through the UN-backed COVAX global vaccine sharing programme to countries in South and Southeast Asia as well as Africa. The move is part of his administration's framework for sharing 80 million (8 crore) vaccines globally by the end of June. According to a White House fact sheet, nearly 19 million vaccines will be shared through COVAX. Of these approximately six million for South and Central America to the following countries: Brazil, Argentina, Colombia, Costa Rica, Peru, Ecuador, Paraguay, Bolivia, Guatemala, El Salvador, Honduras, Panama, Haiti, and other Caribbean Community (CARICOM) coun- CORONA METER INDIA TOTAL CASES: 2,86,64,375 TOTAL DEATH: 3,42,280 WORLD TOTAL CASES: 173,090,239 TOTAL DEATH: 3,720,940 tries, as well as Dominican Republic. the Vice President Kamala Harris personally made a call to Prime Minister Narendra Modi on Thursday to inform him about the administration's decision. I deeply appreciate the assurance of vaccine supplies to India as part of the US Strategy for Global Vaccine Sharing. I also thanked her for all the support and solidarity from the US government, businesses and Indian diaspora, the prime minister said in a tweet. Officials in New Delhi said that Modi and Harris discussed ongoing efforts to strengthen the health supply chain. KOLKATA: Four senior leaders, facing trial in the Narada case, appeared before the special CBI judge at a court in Kolkata on Friday. Judge Anupam Mukerjee had on April 17, while ordering interim bail to the four leaders, directed them to physically appear before the court on June 4. State Ministers Subrata Mukherjee and Firhad Hakim, TMC MLA Madan Mitra and former city Mayor Sovan Chatterjee appeared before the judge and left the Bankshall Court premises after a while. Judge Mukherjee said that the next date for hearing of the matter will be fixed later in the day. A five-judge bench of the Calcutta High Court granted interim bail on May 28 to the four leaders, who were arrested on May 17 by the CBI, which is investigating the Narada sting tape case on an order of the High Court. The special CBI court had granted them bail on that day itself, but the order was stayed by the High Court, which remanded them to judicial custody. Production of the four before the special CBI court was held virtually on May 17 as the investigating agency claimed it was unable to produce the accused in court physically owing to protests outside its office at Nizam Palace by a mob of 2,000-3,000 people. Charge-sheet in the Narada sting case was also submitted against the accused before the special court on that day. The special court, granting interim bail, had fixed the next date of hearing on June 4, when the accused were to appear before it. They were placed under house arrest on May 21 by a division bench of the High Court, which modified its earlier stay on interim bail granted to the four leaders by the special CBI court. The matter was referred to a larger bench of five judges after the judges of a division bench presided by Acting Chief Justice Rajesh Bindal differed on granting interim bail to the four accused. Purchase of indigenous air defence guns, ammo worth Rs 6K cr cleared NEW DELHI: In a boost for the air defence system, the Defence Ministry on Friday approved the proposals concerning modernisation of its the Army's air defence guns. The Defence Acquisition Council (DAC), in its meeting chaired by Defence Minister Rajnath Singh, has approved proposals concerning capital acquisitions of various equipment for modernisation and operational needs of the armed forces amounting to approx Rs 6,000 crore. Noting that there was a long-pending need of the Indian Army for modernisation of its air defence guns, the Defence Ministry said: "These had been earlier procured only from foreign sources. With the continued thrust of the Ministry of Defence towards 'AtmaNirbhar Bharat' and 'Make in India', an enthusiastic response from about a dozen Indian companies was received." All of them have expressed their willingness and commitment to manufacture this complex gun system and associated equipment by ensuring technology assimilation in India, it said. Accordingly, the DAC accorded approval of procurement of air defence guns and ammunition at an INSIDE GOVT CLEARS PROJECT TO BUILD SIX CONVENTIONAL SUBMARINES PAGE 5 approximately cost of Rs 6,000 crore under the Buy and Make (Indian) category. Further to better equip the armed forces to meet the operational challenges and facilitate faster induction of required arms and ammunitions, the DAC extended the timelines for progressing urgent capital acquisitions under the delegated powers to the armed forces upto August 31, 2021. This will enable the armed forces to complete their emergent and critical acquisitions. The Defence Ministry had earmarked around 64 per cent of its modernisation funds under the capital acquisition budget for 202122 -- a sum of over Rs 70,000 crore -- for purchases from the domestic sector. It was an increase from 202021, when a capital budget allocation for domestic vendors was first made. At 58 per cent, this came to an amount of Rs 52,000 crore. Doctors along with medical students and assistants take part in a protest against yogaguru Baba Ramdev at Medical College and Hospital in Kolkata on Friday.