CMYK FRIDAY www.thestatesman.com 09 NOVEMBER 2018 FIND US ONLINE Scan this with your smartphone twitter.com/TheStatesmanLtd facebook.com/thestatesman1875 Pages 16 |` 5.00|LC KOLKATA | NEW DELHI | SILIGURI | BHUBANESWAR MODI LIKELY TO ATTEND SWEARING-IN OF MALDIVES PREZ NAIDU MEETS GOWDA FOR JOINT FRONT AGAINST BJP P3 P5 WEATHER Mainly clear sky. Maximum and minimum temparatures likely to be around 30 and 20 degree Celsius respectively. RAINFALL: Nil RELATIVE HUMIDITY Max. 91% TEMPERATURE Max: 30.6°C (0) SUN SETS 16:55 hrs MOON RISES 18:24 hrs Min: 20.5°C (-1) SUN RISES 05:46 hrs MOON SETS 07:03 hrs Moon phase: First Quarter on 15 Nov THUMBNAILS Hazy weather witnessed after Deepavali in the Capital on Thursday RAVI SHARMA Alok Verma meets CVC, refutes corruption charges levelled against him by Asthana: CBI Director Alok Verma on Thursday met Central Vigilance Commissioner K V Chowdary and denied corruption charges levelled against him by his deputy and special director in the probe agency Rakesh Asthana. Verma came to the CVC office in the late afternoon and PTI stayed there for about two hours. CoA vs Shastri: At a recent meeting between the team management and the CoA in Hyderabad, a CoA member asked Ravi Shastri not to stake a claim that the current Indian team is one of the best-ever in 15 years, but leave it to the people to decide the issue, an official said. Shastri's reference was to an exchange that Kohli had had with a journalist in England P12 after the team lost the Test series 1-3. WASHINGTON, 8 NOVEMBER US President Donald Trump Wednesday sacked US Attorney General Jeff Sessions, virtually taking operational control of a sensitive probe into foreign interference in the 2016 election and the possibility of collusion between the Trump campaign and Russia. For months, Trump publicly attacked Sessions for recusing himself from overseeing the probe in 2017, and blamed his decision for allowing Deputy Attorney General Rod Rosenstein to appoint a special counsel. Trump said Sessions will be temporarily replaced by his chief of staff, Matthew Whitaker, who is a Republican loyalist. Now, with Whitaker at the P11 Rahul claims it cost 1.5 mn jobs, 1% GDP; Jaitley hits back at Opposition, says note ban has raised tax base SNS & PTI What has happened to prophets of doom who said India's GDP will decline by at least 2 per cent? For the fifth year running India will be the fastest growing (large) economy in the world. It is continuing to happen. he principal Opposition Congress and the Narendra Modi government today exchanged fireworks on the occasion of second anniversary of demonetisation, with Congress president Rahul Gandhi and exPM Manmohan Singh describing PM Modi's demonetisation drive as a “monumental blunder”, “tragedy”, and “disaster” whose “devastating” impact, they maintained, was still convulsing people and their jobs and businesses. Hitting back, Union finance minister Arun Jaitley staunchly defended the demonetisation move, reportedly saying that “prophets of doom” were proved wrong as figures of last two years showed an increase in tax base, greater formalisation of the economy and India retaining the fastest growing economy tag for the consecutive fifth year. Describing the Modi government's sudden 8 November, 2016 bid to scrap Rs 500 and Rs 1,000 notes ~ 86% of India’s currency ~ in one stroke as “illfated and ill-thought-out”, ex-PM Singh said: “The havoc that it unleashed on the Indian economy and society is now evident to everyone. Notebandi impacted every single person, regardless of age, gender, religion, occupation or creed.” Singh, a noted economist, asserted that, “The scars and wounds of demonetisation are only getting more visible with time. Beyond the steep T ARUN JAITLEY UNION FINANCE MINISTER drop in headline GDP growth numbers after demonetisation, the deeper ramifications of notebandi are still unravelling”. Noting that the “financial markets are volatile as the liquidity crisis wrought by demonetisation is taking its eventual toll on infrastructure lenders and non-bank financial services firms”, the veteran Congress leader said, “With a depreciating currency and rising global oil prices, macro-economic headwinds are also starting to blow now.” Firing salvos at PM Modi for his "unilateral" bid to “unleash the tyranny of demonetisation on the nation”, Rahul Gandhi said: “Demonetisation is unique in the history of our tragedies because it was a self-inflicted, suicidal attack that destroyed millions of lives and ruined thousands of India's small businesses. The worst hit by demonetisation were the poorest of the poor, forced to queue for days to exchange their meagre savings.” The Congress president highlighted that “More than 120 Indians died in those queues....Millions of small and medium businesses were smashed and Trump sacks Attorney General Jeff Sessions PRESS TRUST OF INDIA P5 CITY OBLIGED TO THANK GOD FOR JESUS War of words on 2 years of DeMo NEW DELHI, 8 NOVEMBER Min. 47% BRINDA OBJECTS TO NHRC CLOSING MOB LYNCHING CASE helm, Trump has someone leading the Justice Department who has already suggested that Mueller's probe should be reined in. CBS News reported that Deputy Attorney General Rosenstein is no longer leading the Mueller inquiry, and that Whitaker will now assume control. In a tweet on Wednesday Trump said, “We are pleased to announce that Matthew G. Whitaker, Chief of Staff to Attorney General Jeff Sessions at the Department of Justice, will become our new Acting Attorney General of the United States. He will serve our Country well (sic).” “We thank Attorney General Jeff Sessions for his service, and wish him well! A permanent replacement will be nominated at a later date,” he tweeted. Details on Pg 10 the entire informal sector devastated." Gandhi said: “Since 2016, economists around the world have analysed the crippling impact of demonetisation, concluding that demonetisation was an unmitigated disaster that didn’t meet a single of its stated objectives”, listing these “unfulfilled evergrowing objectives” as "from a war against counterfeit currency and terrorism, to permanently removing the scourge of black money; from increasing savings to forcing a shift to digital transactions”. “Modi’s demonetisation cost India over one and a half million jobs and wiped out at least 1% from our GDP ....the government’s spin-doctors, including our incompetent Finance Minister, have the unenviable task of defending an indefensible, criminal policy,” Gandhi alleged, charging that, “India will (eventually) discover...that demonetisation wasn’t just an ill-conceived and poorly executed economic policy...but a carefully planned, criminal financial scam.” Rising in the government’s defence, Jaitley said the demonetisation move was a “key step in a chain of important decisions taken ‘Modi govt trying to capture RBI’ SNS & PTI KOLKATA, 8 NOVEMBER Senior Congress leader P Chidambaram on Thursday accused the Narendra Modi government of trying to capture the Reserve Bank of India to tide over its fiscal crisis, warning that any such move would be catastrophic. “The government stares at a fiscal-deficit crisis. The government wants to step up the expenditure in an election year. Finding all avenues closed, in desperation, the government has demanded Rs 1 lakh crore from the reserves of RBI,” the former Union finance minister said at a press conference here. If RBI Governor Urjit Patel stands his ground, the Centre is planning to issue a direction under Section 7 of the RBI Act, 1934, directing the apex bank to transfer Rs 1 lakh crore to the government's account, he claimed. Section 7 of the RBI Act gives special powers to the government to issue directions to the RBI governor on issues of public interby the government to formalise the economy”. Questioning the rationale behind the note ban, Delhi chief minister Arvind Kejriwal termed it as “a self-inflicted deep wound” on the Indian economy. West Bengal chief minister Mamata Banerjee alleged that the demonetisation was for the ben- RAHUL GANDHI CONGRESS CHIEF est. Chidambaram alleged that the government had packed the central bank's board with handpicked nominees and was making every attempt to push through its proposals at the RBI board meeting on 19 November. “If the RBI either defies the government or the RBI governor resigns, in either events, the consequence will be catastrophic,” he said. In this situation, the senior Congress leader said, there were only two options for Patel: either resign or transfer the amount to the government. “...whichever option is taken by the governor, it will damage the credibility and image of the RBI. It also means capture of RBI. One more crucial institution will fall from efit of a handful of people and termed 8 November, 2016, as “darkest day of India”. Responding to the criticism, Jaitley said demonetisation has strengthened the economy and increased the government resources to fund poverty alleviation and infrastructure development programme. grace,” he added. The RBI and the government have not been on the same page on different issues for some months now. The disagreements came out in open when RBI Deputy Governor Viral Acharya, in a hard-hitting speech, said failure to defend the central bank's independence would “incur the wrath of the financial markets”. It later emerged that the government had invoked a never-beforeused provision of the law, Section 7 of the RBI Act, to ease NPA norms so that banks can kickstart lending and support growth, and transfer more dividend to boost liquidity, issues which the central bank thinks canP5 not be relented. “What has happened to prophets of doom who said India’s GDP will decline by at least 2 per cent. For the fifth year running India will be the fastest growing (large) economy in the world. It is continuing to happen. So prophets of doom have been proved wrong,” he said. See also Pg 3 It is often said that time is a great healer. But unfortunately, in the case of demonetisation, the scars and wounds of demonetisation are only getting more visible with time MANMOHAN SINGH FORMER PRIME MINISTER The economy is now totally depressed, business is now ... oppressed and common people are completely suppressed. The value of rupee has gone down MAMATA BANERJEE BENGAL CHIEF MINISTER It is not a dark day, but marked day when terror funding was stopped and the backbone of black money and antinational (activities) financing was broken MUKHTAR ABBAS NAQVI UNION MINISTER Gunman, 12 others dead in California bar shooting ADIEU PRESS TRUST OF INDIA WASHINGTON/LOS ANGELES, 8 NOVEMBER WH suspends press credentials of CNN journalist WASHINGTON, 8 NOVEMBER The White House has suspended the credentials of a senior CNN journalist for his “disgusting and outrageous” behaviour, hours after he had a testy exchange with President Donald Trump during a news conference. CNN's chief White House correspondent Jim Acosta drew the ire of Trump by persisting with questions about his views on a caravan of Central American migrants. PTI India will discover, no matter how the government tries to hide it, that demonetisation wasn't just an ill-conceived and poorly executed economic policy with 'innocent intent', but a carefully planned, criminal financial scam Immersion of an idol of Goddess Kali in Hooghly, Kolkata, on Thursday. BISWAJIT GHOSHAL A US Marine veteran dressed in black sprayed bullets inside a crowded dance bar, popular with college students, on Wednesday night, killing at least 12 people, including a police officer, in California’s Thousand Oaks city, in one of the “horrific” mass shooting incidents in the US. The gunman, who also injured nearly two dozen others, was found dead inside the Borderline Bar and Grill on the outskirts of Los Angeles. Ventura County Sheriff Geoff Dean identified the gunman as 28-year-old Ian David Long, a retired Marine who served in Afghanistan. The suspect used a .45 caliber Glock handgun during the shooting, Dean said. Long, who shot himself, was dead when officers made entry into the bar, Dean said as he described the shooting incident as “horrific.” He said the motive of the shooter is still unclear. The shooter was on active duty with the US Marine Corps from August 2008 to March 2013, according to Department of Defense records. He also served in Afghanistan from November 2010 to June 2011. President Donald Trump said he has been “fully briefed on the terrible shooting.” The massacre was the deadliest mass shooting in the US since 17 classmates and teachers were gunned down at a Parkland, Florida school nine months ago. Details on Pg10 37 flights delayed as AI staff go on strike Four civilians, one CISF jawan PRESS TRUST OF INDIA MUMBAI, 8 NOVEMBER As many as 37 Air India flights, including some international ones, were affected on Thursday after a section of employees of the national carrier's ground handling subsidiary, AIATSL, went on a flash strike against nonpayment of Diwali bonus and other issues, an official said. The employees of the Air India Air Transport Services Ltd (AIATSL) struck work at the Mumbai airport from the intervening night of Wednesday and Thursday, demanding payment of Diwali bonus and reinstatement of three of their colleagues whose contracts were not renewed by the company, he said. AIATSL, a wholly-owned subsidiary of the national carrier, provides ground handling services to Air India across airports in the country. It has about 5,000 employ- ees, including those on contract. “Some AIATSL employees at the Mumbai airport are on strike since WednesdayThursday (intervening) night over non-payment of Diwali Bonus and reinstatement of the services of some of their former colleagues. This standoff has resulted in flight operations getting hampered,” the official said. He said around 37 flights, including international ones, were delayed by 2.5 hours-3 hours till 1500 hours Thursday. However, no flight has been cancelled so far, he added. Air India has pressed into service its permanent employees to handle the ground handling operations at the Mumbai airport, the official said. “The company has already paid the bonus after negotiations but the employees are now insisting that the services of three of their colleagues, whose contracts were not renewed last month, be restored,” he said. “Negotiations are going on between the striking employees and the AIATSL management to resolve the issue,” the official added. CMYK killed in IED blast in Chh'garh PRESS TRUST OF INDIA RAIPUR, 8 NOVEMBER Four civilians and a CISF jawan were killed when suspected Maoists blew up a bus with an improvised explosive device (IED) in Chhattisgarh's Dantewada district on Thursday, four days ahead of the first phase of Assembly polls in the state, police said. Two personnel of the Central Industrial Security Force (CISF) were also injured in the explosion, the third Naxal attack in 15 days in the pollbound state. The attack comes before Prime Minister Narendra Modi’s scheduled visit on Friday to Jagdalpur district, about 100 km from Dantewada, to campaign for the BJP . The IED explosion took place in a hilly area in Bacheli, about 450 km from here, when the CISF personnel, belonging to 502nd battalion, were returning to their camp in Akashnagar area after purchasing groceries from a local market, Dantewada Superintendent of Police Abhishek Pallava said. The Naxals triggered a powerful IED blast near curve no.6 on the hills, he said. Those killed in the blast were identified as CISF Head Constable D Mukhopadhyay, bus driver Ramesh Patkar, helpers Roshan Kumar Sahu and Johan Nayak, and a truck driver, Sushil Banjare, the SP said. The truck driver had taken lift in the bus, another police official said. Two CISF constables, Pathare Satish and Pishal Suresh, were injured in the attack, Pallava said. Reinforcements were rushed to the spot and the injured personnel and bodies of the deceased shifted to a local hospital, he said. Security forces have launched a combing operation in the area to trace the ultras.
The Statesman is one of India's oldest English newspapers. It was founded in Kolkata in 1875 and is directly descended from The Friend of India (founded 1818). The Englishman (founded 1821) was merged with The Statesman in 1934. The Delhi edition of The Statesman began publication in 1931. The Statesman Weekly is a compendium of news and views from the Kolkata and Delhi editions. Printed on airmail paper, it is popular with readers outside India. The Statesman (average weekday circulation approximately 180,000) is a leading English newspaper in West Bengal. The Sunday Statesman has a circulation of 230,000.
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