V Narayanasamy Ready to roll IDEA EXCHANGE ‘We’ll have to carry everybody with us... we have an open mind on all demands. (Lokpal) is not an issue where one should be rigid’ SPOTLIGHT The auto industry has started the year on an optimistic note, with about 50 new vehicles at the Auto Expo 2012. A look at some of the beauties that will hit the road soon P4 ON SUNDAY P6-7 VOL XI NO 11 12 PAGES Rs 8 www.financialexpress.com INSIDE TODAY Opinion: The curious case of BCCI’s priorities: Boria Majumdar P2 Footloose: The mystical magic of Kutch Theovera month-longRann festivalcelebrates thecolours, tradition&diversity ofKutch P5 Words Worth: ‘Rural economy has suddenly become very robust’ PradeepKashyap’s secondeditionof RuralMarketing minutelyobserves thetrendsand developmentofIndia’s ruralmarket P8 NEW DELHI SUNDAY JANUARY 8 2012 PUBLISHED IN AHMEDABAD BANGALORE CHANDIGARH HYDERABAD CHENNAI LUCKNOW KOCHI KOLKATA MUMBAI NEW DELHI PUNE 9% growth in 12th Plan a challenge, says Montek After AI Express, Kingfisher, DGCA raps other carriers New Delhi, Jan 7 New Delhi, Jan 7 T HE Planning Commission on Saturday saiditwouldbeachallengingtasktoachieve9%annual economic growth during the 12th Five-Year Plan (2012-17) amid a tough global economicenvironment. “Right now the global economy does not look good. At the moment, I feel that 9% (annual economic growth rate)isstillfeasible,butmore difficult than it was six monthsago,”PlanningCommission deputy chairman Montek Singh Ahluwalia told reporters. The Commission has projected 9% annual average economicgrowthrateduring 2012-17,intheapproachdocument to the 12th Plan, which wasapprovedinOctober2011 PLANNING PANEL FEELS THAT 9% (ANNUAL ECONOMIC GROWTH RATE) STILL FEASIBLE, BUT MORE DIFFICULT THAN IT WAS SIX MONTHS AGO Montek Singh Ahluwalia, Planning Commission deputy chairman by the country's apex planning body National Develop, ment Council, headed by the PrimeMinister. The panel had also estimated economic growth of 8.2%inthecurrentPlanfrom earlier envisaged 9%. Asked about projecting a lower growth in gross budgetary support (GBS) in the 12th Plan,hesaid,“Itisacomplete mistaketothinkthat9%(economic growth) is going to come by giving more and more GBS. That is not the kind of planning we should do. GBS is the amount of fundsallocatedbytheCentre for financing various social sectorschemeslikeruralemployment guarantee. Nine per cent (economic growth) is going to come if the nation's productive resources are efficiently used,” he said, adding that most of the investment in the country is donebytheprivatesector. “Intheinfrastructure(development) strategy we are , relying on public-private partnership and not GBS. If you start relying on GBS, then I think you have already lost out,” he said. Askedwhethertrimming of GBS in the 12th Plan is because of rising fiscal deficit, he said, “How big the fiscal deficit can be is a constraint on amount of public resources that you can use.” Against the government’s Budget estimates of fiscal deficit at 4.6%, the figure is likely to be higher. Continued on Page 11 A VIATION regulator DGCA, which came down heavily on Kingfisher and Air India Express for ignoring safety requirements, has also found serious lapses on part of other carriers on major counts. Airlines like IndiGo, SpiceJet, Jet Airways, GoAir, Alliance Air and JetLite have been rapped for issues like non-reporting of incidents, lackof pilots,properandregular training, absence of qualified safety officials and noncomplianceof safetyaudits. A financial surveillance carried out by the Directorate Generalof CivilAviation(DGCA) found widespread sickness in the sector. Noting that this was seriously impacting safety it recommended action , Sukh Ram surrenders, sent to jail Leisure: Games people play Agamingfan’s ‘humble’ suggestionsfor thegaming industrytoshow thatithasaheart beyondthe business P9 Mind & Games: Internet access is not a human right Technologies like the Internet should be viewed as enabler of rights, and as not a right in itself P10 against them under the Aircraft Rules and Civil Aviation Requirements (CARs). The airlines have been given time till next week to come up with time-bound plans to rectify andresolvetheproblemsidentifiedinthefinancialaudit. On Kingfisher, the report said,“ Areasonablecaseexists for withdrawal of their (Kingfisher's) airline operator permit as their financial stress is likelytoimpingeonsafety .” Regarding AI Express, it said,“ Aprimafaciecaseexists for restricting their operationsinviewof safetyissues.” The report is also understood to have rapped IndiGo for suppressing information onincidents,whichareminor accidents that do not cause major damage to aircraft or lead to injury or fatality . Continued on Page 11 Japanese car maker Toyota launched a new version of its hybrid sedan Prius in India at the Auto Expo, in New Delhi on Saturday. The car is priced between R27.39 lakh and R29.41 lakh (ex-showroom, Delhi). The company, which is present in India through a JV with the Kirloskar Group, had first introduced the hybrid car in 2010 PTI New Delhi, Jan 7: Former Union minister Sukh Ram, who,accordingtohiscounsel, was in a coma, surrendered before a local court on Saturday The court sent him to jail . to serve his three-year sentenceinthe1993telecomscam case. Sukh Ram, 86, appeared before the court after coming in an ambulance in pursuance of its order earlier in the day that it would issue non-bailable warrants if he failstosurrenderonSaturday . Special CBI judge Sanjiv Jain said Sukh Ram would be takentojailinthesameambulance and the prison authorities would provide him necessary medical aid as per the norms. Sukhram's counsel had on Friday told the court that he had slipped into coma. However,doctorsattendingon himsaidhewasnotinastateof comaandonlydrowsy . PTI In Uttar Pradesh, princely charm out in full force ■ Deepa Jainani Lucknow, Jan 7 H IS day starts at the crack of dawn. After a quick breakfast, he is off to his kshetra, going to every door, meeting people, saluting them, sometimes shaking hands with the younger lot, sitting on their charpoys, having chai with them, taking note of their problems and even getting himself clicked with the family. It is election time in Uttar Pradesh, but this is no ordinary mortal canvassing for votes. He is the Nawab of Rampur, Kasim Ali Khan, aka Navaid Mian, who is contesting the Suar Tanda assembly seat in Rampur on a Congress ticket — one of the many descendents of rulers who are out to see if their royal lineage can be useful in politics. But life has come full circle. Because while he may be a king, Navaid Mian's erstwhile ‘sub- Feudal powers gone, several royals contesting assembly polls for a taste of political power jects’ realise they are now the king makers. So trying hard to convince them that he is the ‘right’ choice to look after their welfare, and that only the Congress can help solve the problems of the state, is a daily challenge for Navaid Mian, son of former MP from Rampur, Begum Noor Bano. More so, as it has been less than a week that he is back in the Congress fold. He won the last Assembly elections on an SP ticket, but resigned almost immediately to join the BSP after the Mayawati government came to power. He later won the byelection in August 2007 from the same seat on a BSP ticket. “Mayawati’s government has done nothing for the development of the people, and everyone in that party is very greedy Congress is the party that . will usher in a change in your life. It is the party of development,” he tells the people, imploring them to trust him once again and FROM ROYALTY TO POLITY ‘ROYAL’ CONTESTANTS IN UP POLLS ESTATE ASSEMBLY CONSTITUENCY PARTY Raja Anand Singh Manakpur, Gonda Goura, Gonda SP Kunwar Ajay Pratap Singh Bargadikot, Gonda Karnailganj BSP SP Raja Mayankeshwar Sharan Singh Tiloi, Rae Bareli Tiloi Deat Ranjit Singh Judeo Samthar, Jhansi Garautha Congress Kunwar Raghuraj Pratap Singh Bhadri, Pratapgarh Kunda Independent Kunwar Ujjwal Raman Singh Baraon, Allahabad Karchchana SP Nawab Kasim Ali Khan Rampur Suar Tanda Congress Raja Jai Pratap Singh Bansi, Basti Bansi BJP Kunwar Shivendra Singh Siswa, Maharajganj Siswa SP Rani Amita Singh Amethi Amethi Congress Raja Mahendra Aridaman Singh Bhadavar Agra Bah SP Illustration: Shyam help him return to power with a thumping majority . But Maharani of Amethi, Amita Singh, is more confident in her role as politician. Contest- ing from the Amethi Assembly constituency on a Congress ticket, she is out the whole day, mingling with the people on whom rests her political future. Danc- ing to the tunes of a dhol on the occasion of a marriage or attending a condolence meet on someone’s demise, participating at a Ram katha or congratulating someone on the birth of a boy, having tea in a kulhad or eating dal-roti at a humble home—Amita Singh is as adept at all these as she was at playing national-level badminton in her hey days. Princely states abound in UP. While some royals have played safe and pledged their loyalties to the Congress, there are others who have enrolled with the BJP, while some have joined the SP and BSP. Few others have also found the courage to confront the bigger parties and contest as independent candidates. There are some like the raja of Rampura estate in Bundelhand, Keshavendra Singh, who have never tasted electoral politics before this election. Raised in the tea estates of Kerala, where his father worked as a manager, far away from the maddening dust of politics that was a part of his own father’s life, Keshavendra Singh is back in his ‘kingdom’. Following in the footsteps of his grandfather, he is getting ready to hit the dusty trails in Madhopur on an SP ticket. People of the area are eying him with a mixture of awe, respect and caution, but realise at the same time that they hold the key to his political future. Even strongmen like the Raja of Bhadri estate in Kunda, Pratapgarh, Raghuraj Pratap Singh know the worth of their ‘subjects’. Having been jailed and facing many criminal charges, he is contesting the Assembly electionsforthefifthtimefromKunda as an independent candidate, and trying hard to woo the masses. Democracy may have diluted theexistenceof thefeudalroyalty , but these erstwhile rulers, including those of Mankapur and Karnailganj estates in Gonda, Samthar estate in Jhansi, Tiloi estate in Rae Bareli, Karchchna estate, in Allahabad, Siswa estate in Maharajganj, are now using it to revive their glory and power.
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