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01, March, 2015 Sunday

News Brief Budget 2015: Top takeaways for the common man

RNI Regn No. : GUJENG/2014/59629

Dalmiyaconsensus

candidate fromSrini camp:

sources

PIL in HC onwhereabouts ofRahul Gandhi

TMC slamsCentre for fuel

price hike

Agency : Chennai, Feb 28Veteran administratorJagmohan Dalmiya hasemerged as a consensuscandidate in the NSrinivasan camp for thepost of president in theBCCI elections to be heldhere on Monday. Dalmiya,the president of CricketAssociation of Bengal,controls two votes fromEast Zone and has emergedas a candidate for the toppost since no other namewas unanimouslyacceptable to all the unitsloyal to Srinivasan.

Agency :Lucknow, Feb 28A local lawyer today fileda public interest litigation(PIL) in the Lucknowbench of Allahabad HighCourt seeking to know thewhereabouts of Congressleader Rahul Gandhi whohas taken a sabbatical.Petitioner Ashok Pandesaid he deemed itnecessary for the safety ofGandhi, Congress Vice-President and an MP, andbecause the reputation ofGovernment of India wasinvolved.

Agency :Kolkata, Feb 28Trinamool Congress todayslammed the Centre for thepost-budget hike in petroland diesel prices saying "thegovernment wants tobypass everybody and hurtthe interests of the commonpeople". "Petrol and dieselprices have been hikedagain. Budget, what's that?Parliament, what's that?Bypass all. Common manare burdened. This iseconomic mismanagement,"the newly-appointed leaderof the Trinamool Congressparliamentary party in RajyaSabha Derek O'BrienBudget "unkind"

to the poorAgency :New Delhi, Feb 28

Former Finance Minister PChidambaram today toreinto the Union Budget allegingthat it was "unkind" to thepoor and was leaning heavilyin favour of the corporatesand could fail the targeted 8per cent growth next year.

Railway Budget 2015-16

Swine flu claims 36 morelives, over 19,000 affected

Agency : NEW DELHISwine flu has claimed 36more lives raising the toll to1,041 even as the number ofpeople affected by the H1N1virus in the country breachedthe 19,000 mark today. Asper data collated by theHealth Ministry, the totalnumber of deaths due toswine flu was 1,041 tillyesterday while the number ofpeople affected were 19,046.The Health Ministry hadyesterday given the figure ofthose affected to be 18,105.In Rajasthan, the death toll hasclimbed to 257 while thenumber of those affectedstood at 5,403. As manyas 256 people have died ofthe disease in Gujarat,which is among the worstaffected states. So far,4,162 people have beenaffected in the state. In

Madhya Pradesh andMaharashtra, the totalnumber of deaths has beenreported to be 151 and 131respectively. The diseasehas claimed 56 and 42 livesin Telangana and Punjabrespectively. In Delhi, tenpersons have died of swineflu while the number ofaffected has risen to 2,791.Karnataka has reported 42deaths till now, Haryana -21, Andhra Pradesh - 12,Himachal Pradesh - 8,

Jammu and Kashmir andKerala - 7.Health MinisterJP Nadda had yesterdayadmitted that the countrywas facing a shortage oflaboratories for testingswine flu and had assuredthat efforts were being madeto set up such facilities in allstates.The government hasbeen repeatedly assertingthat it is "very serious" oncombating the challenge andhas asked people not topanic but be alert.

Budget 2015: Over 2% cut in educationbudget; new IITs, IIMs to be set up

Agency : New DelhiThe education sector sawover a 2% cut in the outlayannounced in the UnionBudget on Saturday, evenas the governmentproposed to set up new IITsand IIMs in some states. Theslash in the education sectoras compared to the revisedallocation in 2014-15 is2.02%. In all, schooleducation and highereducation sectors have gotRs 69,074 crore. Therevised estimate for 2014-15 was Rs 70,505 crore.The cut is, however, about16.54% if compared withthe actual outlay the 2014-15 fiscal. Notwithstandingthe cut though, HRDMinister Smriti Iranidescribed the Budget as

"pragmatic" and said shewas "extremely grateful tothe allocation of funds forhigher learning and alsoabout the thrust oninnovation through funding".While the school educationsector has got an outlay ofRs 42,219.50 crore for2015-16, the highereducation sector has got Rs26,855 crore.

The thrust has beenon the higher educationsector with theannouncement of an IIT inKarnataka and upgradationof Indian School of Mines,Dhanbad into a full-fledgedIIT, capping a long standingdemand for the people inJharkhand. "I propose to setup an IIT in Karnataka, andupgrade Indian School of

Mines, Dhanbad into a full-fledged IIT," FinanceMinister Arun Jaitley hadsaid in his Budget speech."IIMs will be setup inJammu and Kashmir andAndhra Pradesh," headded. The Minister alsoannounced setting up ofInstitutes of Science andEducation Research inNagaland and Odisha. ACentre for Film Production,

Animation and Gaming inArunachal Pradesh andApprenticeship TrainingInstitute for Women inHaryana and Uttarakhandhas also been proposed.Jaitley also announced thesetting up All India Institutesof Medical Sciences(AIIMS) in Jammu andKashmir, Punjab, TamilNadu, Himachal Pradeshand Assam.

Petrol, diesel prices hiked by over Rs 3 per litreAgency : New Delhi

Petrol price was onSaturday hiked by Rs 3.18per litre and diesel by Rs3.09, the second increase inrates this month on risinginternational oil rates. Theincrease is effective fromSaturday midnight. A litre ofpetrol in Delhi will cost Rs60.49 from Sunday asagainst Rs 57.31 currentlywhile diesel will cost Rs49.71 per litre as against Rs46.62 at present, oilcompanies announced inNew Delhi on Saturday.Prior to the increases thismonth, petrol price had beencut on ten occasions sinceAugust 2014 and diesel six

times since October 2014.Cumulatively, petrol pricehad been cut by Rs 17.11per litre in ten reductionssince August and diesel byRs 12.96 a litre since itsderegulation in October.This trend was reversedwhen rates were raised onFebruary 16. “Prices ofpetrol and diesel were lastrevised upwards with effectfrom February 16 by Rs0.82 per litre and Rs 0.61 alitre respectively (includingstate levies at Delhi)…Sincethe above price revision,there has been further steepincrease in internationalprices of both petrol anddiesel,” Indian Oil Corp

(IOC) said in a statement.Also, the slight depreciationin rupee-dollar exchangerate together with firminginternational rates warrantincrease in retail selling priceof petrol and diesel, it said.Fuel prices would havebeen lower but for fourconsecutive excise dutyhikes since November

totalling Rs 7.75 a litre onpetrol and Rs 7.50 on diesel.“The movement of prices ininternational oil market andINR-USD exchange rateshall continue to be closelymonitored and developingtrends of the market will bereflected in future pricechanges,” the IOCstatement said.

Budget misses opportunity tomeet people's expectations: AAP

Agency : New DelhiAam Aadmi Party onSaturday termed the budgetas a "missed opportunity"for failing to meet theexpectations of commonman, but welcomedgovernment's move to bringlegislation on black money.The party also raisedconcerns on major cuts insocial expenditure.Welcoming the earmarkingof Rs 1,000 crore asNirbhaya fund, AAPslammed the government'sdecision to promote PPPsand take a majority of risks,saying this raises suspicionthat it could be a ploy to"benefit crony capitalism"."While we welcome steps

announced to address theissue of black moneystashed abroad, thegovernment failed to showcommitment to the cause bynot putting a lid onParticipatory Notes, throughwhich tons of black moneyis being masked, roundtripped and pushed into theIndian stock markets. Itadded that although theFinance Minister has goneout of way to "appease" thecorporate sector, thefundamental nature of taxationis still regressive. "FinanceMinister's decision to put theGST on the back burner isdisappointing. Even moredisappointing is the fact thatthe Finance Minister trashed

the Direct Tax Code, killinghopes of structural tax reformsand simplifying tax regime.The party said expenditure onSarva Shiksha Abhiyaan hasgone down from Rs 28,000crore to Rs 22,000 crore, theIntegrated ChildDevelopment Scheme fromRs 16,000 cr to Rs 8,000 crand the Mid-Day Mealscheme from Rs 13,000 cr to9,000 cr.

NEW DELHIIn a budget that had severalfirsts, Finance Minister ArunJaitley in his budget speechannounced a slew of taxmeasures and personalsavings schemes aimed atbenefiting the taxpayer andcommon man. While taxexemption limits for variousschemes were hiked, newmethods to monetise goldwere also announced. Wetake a look at the majortakeaways for the commonman from Budget2015.Keep watching thisspace for updates on howthe Budget benefitsyou...The limit of reductionof health insurance premiumwas enhanced from Rs15,000 to Rs 25,000. Forsenior citizens this limit hasbeen increased from Rs20,000 to Rs 30,000. "Forsenior citizen above the ageof 80 years, not eligible to

take health insurance,deduction is allowed for Rs30,000 toward medicalexpenditure. Deduction limitof Rs 60,000 onexpenditure on account ofspecified diseases isenhanced to Rs 80,000 inthe case of senior citizens,"Jaitley said. Additionaldeduction of Rs 25,000 isallowed for differently-abled persons, increasingthe limit from Rs 50,000 toRs 75,000. It is alsoproposed to increase thelimit of deduction from Rs 1lakh to Rs 1.25 lakh in caseof severe disability. Jaitleyalso proposed to providethat investment in SukanyaSamriddhi Scheme will beeligible for deduction undersection 80C of the income-tax and any payment fromthe scheme shall not be liableto tax. Limit on deductionon account of contribution

to a pension fund and thenew pension scheme isproposed to be increasedfrom Rs 1 lakh to Rs 1.5lakh. Additional deductionof Rs 50,000 will beallowed for contribution tothe new pension scheme u/s 80 CCD increasing fromRs 1 lakh to Rs 1.5 lakh.The transport allowance forsalaried, which currently

stands at Rs 800 per monthwas increased to Rs 1,600per month. Encouraged bythe success of the PradhanMantri Jan Dhan Yojana, theFinance Minister proposedto work towards creating auniversal social securitysystem for all Indians,specially the poor and theunder-privileged. Jaitleysaid that soon Pradhan

Mantri Suraksha BimaYojana will be launched tocover accidental death riskof Rs 2 lakh for a premiumof just Rs 12 peryear.Similarly, we will alsolaunch the Atal PensionYojana, which will providea defined pension,depending on thecontribution, and its period.To encourage people tojoin this scheme, thegovernment will contribute50% of the beneficiaries'premium limited to Rs.1,000 each year, for fiveyears, in the new accountsopened before 31stDecember, 2015. Jaitleyalso announced a third

Social Security Scheme, thePradhan Mantri JeevanJyoti Bima Yojana, whichcovers both natural andaccidental death risk of Rs2 lakh. The premium will beRs 330 per year, or less thanone rupee per day, for theage group 18-50. Jaitleyannounced that with respectto Employees ProvidentFund (EPF), the employeeneeds to be provided twooptions. Firstly, theemployee may opt for EPFor the New PensionScheme (NPS). Secondly,for employees below acertain threshold of monthlyincome, contribution to EPFshould be optional, without

affecting or reducing theemployer's contribution.Hesaid, with respect to ESI, theemployee should have theoption of choosing either ESIor a Health Insuranceproduct, recognized by theInsurance RegulatoryDevelopment Authority (IRDA). Jaitley in his BudgetSpeech in proposed nochange in the rate of personalIncome-tax. However, Jaitleyproposed to levy a surchargeat the rate of 12% onindividuals, HUFs, AOPs,BOIs, artificial juridicalpersons, firms, cooperativesocieties and local authoritieshaving income exceeding Rs1 crore.

BUDGET2015-16

2 / Dt. 01-03-2015, Sunday Ahmedabad

SUNDAY, MARCH 01, 2015

www.sunvillasamachar.com

Editors' Picks QUOTEOF THE

DAYBudget : How does an empty bankaccount help change anyone's life?"A corporate-friendly budget", sneered the left. I tweetedthe latter charge, adding: "Corporate-friendly but little forthe aam aadmi, and the poor completely forgotten." Onecan point to the elimination of Wealth Tax and the phasedreduction of corporate tax as evidence for the lattercharge. But this is well-ploughed ground: one must lookbeyond the obvious criticisms and see how the Budgetwill or will not change the lives of Indians for the better.Unlike last year's underwhelming laundry-list, this year'sBudget did contain a vision for the future, albeit one againfalling short of the "big bold ideas" Mr Jaitley liked toinsist upon when he was in Opposition. We had alreadybeen warned, in yesterday's Economic Survey, not toexpect any of the big-ticket reforms the world had beenhoping for: "Big-Bang reforms as conventionallyunderstood," the Survey had argued defensively, "are anunreasonable and infeasible standard for evaluating thegovernment's reform actions." Instead, it called for "apersistent, encompassing, and creative incrementalism",which is more or less what we've got in the nine monthsof the Narendra Modi-led central government.The Finance Minister's speech was fine; as is too oftenthe case with this Government, words, rhetoric and sound-bites are what they are good at. But in the face of a lackof adequate resources abetted by low tax collections, adangerously high fiscal deficit, and weak corporatespending, it's not enough. Implementation of the soaringvision of a growing, prosperous and just India is wherethe challenge lies. Here the auguries are less promising.Once again, for instance, we heard a great deal aboutinfrastructure, and investment therein. But how exactly ismore investment in infra going to transform India, at atime when incomplete projects costing Rs. 18 Lakh Crore(about 13 percent of GDP) have tied up public and privatefunds in stuck infra projects right now? The only yardstickthat matters is change on the ground, not good intentionsin North Block. Here, achhe din haven't dawned yet.The decline in global oil prices is partially responsible forthe slight improvement in the recent economic figuresboasted about by the Government. Every year Indiaspends almost 12% of its GDP in importing commoditiessuch as petroleum, gold, coal, vegetables oils, fertilizers,and silver, which constitute 51% of our country's totalimports. A decrease in the global prices of thesecommodities has benefited our economy by improvingour current account, controlling inflation and consequentlyincreasing GDP growth. The Government can hardly takecredit for these changes. But it has offset the declining oilprices by levying an additional cess of Rs. 6 at the pump,up from Rs. 2, which will directly hit the aam aadmi. Froma macro-economic perspective, there are some realworries about how the Finance Minister will achievefiscal consolidation with his budget. Put bluntly, MrJaitley's tax numbers don't add up. The fiscal deficit forApril-December 2014-15 is at Rs. 5.32 lakh crore andhas surpassed this year's Budget Estimate of Rs. 5.31lakh-crore by 0.2%.

Shruti Haasan Sings and Acts forAkshay Starrer "Main Gabbar"

Agency : MumbaiActress Shruti Haasanmesmerized everyone withher vocal skills in Tevar andShamitabh, She beenaspiring singer ever since herchildhood, now we will seeher singing for her upcomingflick Main Gabbar. ShrutiHassan first sang on screenwhen she was 13 for herfather's film, 'Hey Ram'. Andlater in her debut Bollywood

'Godavari' girl injured on sets

Agency : MumbaiNeetu Chandra who played

'Luck', Shruti composedand sang some lovelynumbers. Shruti Haasan,had lent her voice toSonakshi Sinha for theromantic track ‘Joganiyan’and later in her sisterAkshara Haasan’s actingdebut in Shamitabh, a lovelysong ‘Sannata’. And now,report suggests that she willsing for the Akshay Kumarstarrer Main Gabbar too.

However, this time, she is notonly going to sing, butfeature in song as well.Shruti is playing the femalelead in the action drama. It’san edgy romantic number,with rock – pop elements.Produced by Sanjay LeelaBhansali in association withViacom 18 and directed byKrish, Main Gabbar is theremake of popular Tamilblockbuster Ramanaa.

the second lead actress inSekhar kammula's

'Godavari' movie wasinjured on the sets of anupcoming Tamil movie.Reportedly this incidenthappened when she wasshooting for a musical thrillertitled 'Vaigai Express'.During a stunt sequence sheinjured herself and doctorsordered her complete bedtest for two weeks. ShajiKailas is directing this moviein which Neethu is playingdual role. Nassar is playingan important role in themovie.

Alia Bhatt turns hockeyplayer in 'Udta Punjab'?

Agency : MumbaiActors and actresseslearning a particular sport toget into their character is notnew. We've seen Shah RukhKhan learn hockey for‘Chak De! India’, ArjunKapoor play Kabaddi for‘Tevar’, Priyanka Chopraturn boxer in ‘Mary Kom’,Sonakshi Sinha learn boxingfor ‘Holiday’, ParineetiChopra playing golf in ‘KillDil’ among others. And nowit seems it is Alia Bhatt's turnto learn something new! Theactress will be seen essayingthe role of a hockey playerin her next, ‘Udta Punjab’where she is paired

A Proud Karan Johar Hugs AndKisses His Student Varun Dhawan!

Agency : MumbaiIt’s a proud moment forVarun Dhawan and hisfamily, as his movieBadlapur has received agreat response from theaudience. Yesterday at thesuccess bash of the movie,Varun Dhawan and KaranJohar greeted each other bygiving a warm hug. KaranJohar who launched VarunDhawan in his debut StudentOf The Year was seen givinga warm hug to Varun. Not justthis, Karan Johar also kissedVarun Dhawan on his

opposite Shahid Kapoor.According to a report in aleading daily, Alia has beenregularly going for hockeytraining for about two hoursin the morning. She has beendoing so for over twoweeks now. In fact theactress is training in themorning from 7am-9am inorder to avoid prying eyes.Interestingly, a few daysago, Alia had even shared apic of a hockey stick- on herInstagram account andcaptioned it, “My newfriend.” While it didn't makesense then, now we cancertainly connect the dots.Directed by Abhishek

Chaunbey, the film is set inPunjab and deals with theserious issues of drug abusein the state. Shahid kapoorand Kareena Kapoor Khanwill also be seen essayingpivotal roles in the film.

forehead, which showed howproud Karan Johar is of him.Well Karan Johar’s gesturesshowed that how proud andhappy he is for actor Varun

Dhawan. It was proud and anemotional moment for KaranJohar when he congratulatedVarun for his Badlapursuccess.

Sonam Kapoor admitted to Rajkothospital with swine flu symptoms

Sunvilla News, RajkotSonam Kapoor has beenadmitted to a hosiptal in

Rajkot following Swine flusymptoms. The actor, whowas shooting in Gujarat for

Prem Ratan Dhan Payo,complained of sore throatand high fever. She was thentaken to Streling hospitaland is currently underobservation. Samples of herblood have been taken forswine flu test. SoorajBarjatya’s film PremRatan Dhan Payo's shootingis underway at a royal palacein Gondal, Rajkot. SalmanKhan is also in Rajkot for thefilm's shooting. It is not thefirst time that she has had ahealth problem whileshooting for Prem RatanDhan Payo. A few daysback, Sonam sufferedrespiratory infection and wasadmitted to the hospital.

Stars shine at MirchiMusic Awards 2015

Agency : MumbaiThe 7th edition of the annualMirchi Music Awardsculminated in a glitteringceremony, where the crèmede la crème of Bollywoodwere honoured for theiroutstanding contribution tothe music industry. The songof the year award wasbagged by Chinmayi andShekhar Ravjiani forZehnaseeb (Hasee TohPhasee). Irshad Kamil wonthe trophy for the lyricist ofthe year for Manwa Laage(Happy New Year).

Listener’s choice song ofthe year was bagged byArijit Singh for his popularsong Muskurane (CityLights).

The song wascomposed by Jeet Gangulywith lyrics written byRashmi Singh. SuperstarMadhuri Dixit walked awaywith a special prize “Diva ofDancing Hits” while eminentlyricist Javed Akhtar wasbestowed with a lifetimeachievement award for hiscontribution to Indian musicindustry. Mirchi Music

Awards are aimed atbringing people togetheracross the Indian musicfraternity, from both artisticand technical fields. Thewinners are decided by adiverse jury made up ofstalwarts of Indian Music.This year’s jury includedcelebrated names likeRamesh Sippy, PrasoonJoshi, Anu Malik, AadeshSrivastava, Lalit Pandit,Louis Banks, KavitaKrishnamurthy, AlkaYagnik, Illa Arun amongothers.

Shah Rukh Khan:Lesser known facts

Agency : MumbaiFan starring Shah RukhKhan has already been in thenews these days, all thanksto the star cast and thesuperstar's look in the film.But not many know that theactor might be playing therole of a 17 year old boy inthe movie."In my next film Iwill be playing a 17-year-old and I will take some help

to do it. Perhaps withprosthetics, perhaps withmake-up and VFX," saidSRK.The badshah ofBollywood will romancemodel Waluscha D'Souza inManeesh Sharma's Fan.SRK feels that now morethan age appropriateheroines, it has becomeabout character appropriatecasting.

Anushka Sharma has a hearty laugh onthe sets of 'Comedy Nights with Kapil'

Agency : MumbaiAnushka Sharma is gearingup for the release of her firstmaiden production film‘NH10’. The actress hasalready begun promotionsfor her film. She recentlypaid a visit to the sets of‘Comedy Nights withKapil’ along with her co-

star Neil Bhoopalam. Theshow which will air onnational television in thecoming days, will seeAnushka and Neil interactwith the show’s host KapilSharma, Sunil Grover, AliAsgar and Kiku Sharda.Anushka can also be seenplaying with Kapil’s dog

Zanjeer on the show sets.The actress turned co-producer of the filmlaunched the trailer of herfilm early this month. Fansand critics admit that thetrailer looked verypromising and showed theactress take a very differentrole. Anushka will be seenplaying a corporate womanon a road trip with her beau.The makers have managedto keep fans in the darkabout the film's plot. Thefilm also stars ‘Mary Kom’actor Darshan Kumar.

“it was "pro-industrialist", "pro-corporate" and not meant for the poor.He termed the budget as vision document just like the railway budget,and was "impractical" in nature. "The budget is only for big corporatehouses and industries.” - Leader of Congress in Lok Sahba Mallikarjun Kharge on Saturday

slammed the Union budget 2015-16

- Kapilkumar M. HirparaEditor

3 / Dt. 01-03-2015, Sunday Ahmedabadwww.sunvillasamachar.com

SPORTS ROUNDUPICC WORLD CUP-2015

Cricket World Cup: Flawless Indiaoverpower UAE for third win in row

Agency : PerthIndia on Saturday virtuallyassured themselves of aquarterfinal berth in thecricket World Cup afterspanking minnows UAE bynine wickets, recording theirthird successive win with yetanother flawless display.After the bowlers led by off-spinner RavichandranAshwin (4/25) bundled outUAE for a paltry 102 in only31.3 overs, the batsmenmade short work of thetarget knocking off therequired runs in only 18.5overs in a completely lop-sided Pool B contest.

India thusmaintained their grip on thetop spot in the league tablewith three wins from asmany matches which tooktheir points tally to six. With

three matches against WestIndies, Zimbabwe andIreland left, Dhoni and hisboys, are well on course oftopping the group. ShikharDhawan (14) started off wellwith three sweetly-timedboundaries before RohanMustafa at gully pulled off aone-handed stunner to sendhim back. The pacer wasMohammed Naveed. RohitSharma hit a fluent unbeaten57 off 55 deliveries with thehelp of 10 fours and a six tonotch up a significant scorebefore the West Indiesgame. While runs againstUAE may not be the bestindicator of anyone's currentform, but some of Rohit'ssilken strokes wouldcertainly keep theCaribbean bowlers worriedbefore the duel on March 6.

Two strokes that stand outwere cover drives off rivalcaptain MohammedTauqir's off-spin. The firstwas hit through extra coverand the long-off fielder failedto stop it. The second offthe very next delivery washit finer and the result wassame. Even when Rohitplayed the pull shot, itseemed as if he wasindulging in touchplay ratheruse sheer muscle. ViratKohli (33 not out) had acalm day in office. Despitethat he added 75 runs for theunbroken second wicketwith Rohit in 12.2 overs. Thewinning boundary was hitby Rohit and thecelebrations werepredictably muted as thewin against UAE was takenfor granted.

World Cup 2015: Really enjoyplaying in Australia, says Dhawan

Agency : PERTHShikhar Dhawan is a coolcustomer, while batting in themiddle or answering pointedquestions from the media.India's leading batsman in theWorld Cup so far, said onFriday there is no way theteam would take the UAEteam lightly. "As in anymatch, we have focused onour preparations and we arejust going to play the gamethe way we have beenplaying," he told the mediaon the eve of the match atthe WACA. "We're going toplay with the same fightingspirit and going to keep thesame intensity," he added.So what has the team donedifferently in the absence of

WC : Holder vows Windies will stagestrong comeback post Proteas thrashing

Agency : JohannesburgWest Indies skipper JasonHolder has said that his sidewould stage a strongcomeback following theirhumiliating 257-run defeatto South Africa, adding that

coach Duncan Fletcher, whohas gone to Cape Town toattend the funeral of hisfatherin-law? Dhawanreplied without batting aneyelid: "Well, Duncan is ourmain coach and he is goingto be missed. But I can

assure you we're going to dothe same routine. Of course,he must have discussedeverything with the supportstaff and we will follow theroutine. We've had a few offdays to relax, and now weare here for practice.

they would be at theiraggressive best when theytake on defendingchampions India on March6. Confident of securing aquarter-final berth, Holdersaid that the defeat hadn't

put them on the back foot,adding that they still hadtwo games left. Reflectingon the upcoming t ieagainst India, Holder saidthat they would beaggressive, insisting thatthey would play their normalstyle of cricket, Sport24reported. The all-rounder,who remained the topscorer for the team with 56,said that they have periodsto improve on in terms oftheir 'death' bowling, addingthat once they do that theywould still be a force in thecompetition. Currently,West Indies are fourth inPool B table as they wouldmeet the United ArabEmirates on 15 March aftertheir tie against reigningchampions India next weekin Perth.

Somdev Devvarman in Kolkata Open doubles final

Agency : KolkataSomdev Devvarman andJeevan Nedunchezhiyankept Indian hopes alive atthe Kolkata Open byreaching the doubles finalof the ATP Challengerevent held at the BengalTennis Association (BTA)

complex on Friday.The top-ranked

Indian SomdevDevvarman who won thesingles title at the NewDelhi Challenger last weekremains in the hunt foranother title this week –this time in doubles. The

Indian duo of Devvarmanand Nedunchezhiyansurvived some tensemoments in the semis toemerge victorious in frontof the home crowd. TheIndians survived a scarefrom Ruben Bemelmans ofBelgium and Ilija Bozoljacof Serbia to win by a close7-6(9), 6-7(5), 11-9margin. They will face theAustralian duo of JamesDuckworth and LukeSaville, who breezed pastthe second seeds Ti Chenand Enrique Lopez Perez6-2, 6-4.

Mumbai FC thrash BharatFC to claim fourth spot

Agency : PuneMumbai FC recorded theirthird successive victory, andfirst away from home, whenthey outclassed I-Leaguefootball debutants BharatFC 2-0. Brazilian strikerJosimar Da Silva scoredfrom a penalty in the 36thminute before SampathKuttymani doubled the leadin the 73rd minute to put theissue beyond theiropponents. But for somemore missed chances thescore-line would have beenbigger in favour of theMumbai outfit. The winpropelled Mumbai FC, with10 points from 7 games, into4th position behind leadersMohun Bagan, RoyalWahingdoh and Pune FC.Bharat, who suffered their3rd defeat in 5 games, stayin second place from therear with 5 points. MumbaiFC were dominant from theoutset as they controlledplay in the midfield andattacked the rival citadel inwaves, which put the BharatFC citadel under a lot of

pressure. Brazilian Josimarand Mohammed Rafi werealert and quick to chasedown balls provided by themidfielders to stretch theBharat FC defence. Onceagain the hard-workingJapanese TaisukeMatsugane in the companyof Kuttymani, ReisangmiVashum and the youngJayesh Rane combinednicely to orchestrate theattacks. Taisuke picked uphis second man-of-the-match award. He had wonthe award in the last matchagainst Royal Wahingdoh

last week. The Mumbai FCdefence was solid and leftlittle scope for the Pune clubto have a good look at theirgoal. Nigerian Chika Waliand Justine Stephen, bothplaying in the heart of theMumbai FC defenceshowed good understandingwith the wing backsAshutosh Mehta and AllanDias as they coolly wardedoff any threat posed by therival attackers. GoalkeeperNidhinlal A.C. enjoyed arelaxed day as he washardly tested by the BharatFC strikers.

Mumbai team showedcharacter: Pravin Amre

Agency : BangaloreWhile Mumbai might haveslipped at the penultimatestep of the 2014-15 seasonof Ranji Trophy, coachPravin Amre feels the side,which is brimming withyoungsters, can hold itshead up for challenging theformidable Karnataka sideeven after being bowled outfor their second lowest total.

Amre said there were a lotof positives to take from thesemi-finals, despite that factthat they lost the game by112 runs. "I think, that firstday's 44, getting all out wasnot acceptable. But, overall,if you see the way we foughtback, as a coach, I am veryproud of the boys. Notmany teams get out for 44and come back. We could

see that there was pressureon Karnataka, even thoughthey got 440 [445] todefend. There are so manypositives - like the wayShardul [Thakur] bowled,getting eight wickets in thegame. In the first innings, thetoss was crucial, but westopped them for 200(202), which is the lowestthis season for Karnataka.Even in the second innings,apart from [Abhimanyu]Mithun, no other batsmangot big runs for Karnataka.I think there again, as ateam, we came back verystrongly. Other teams willjust give away the match atthat stage (after beingbowled out for 44), but ourboys have shown theircharacter," said Amre in aninteraction with the mediaafter the match.

Budget "credit neutral" from aratings perspective - Moody's

Agency : MumbaiMoody's Investors Servicesaid India's 2015/16 budgetunveiled on Saturday was"credit neutral," adding theagency would monitorwhether the governmentcan fulfill its pledge to meetits fiscal deficit by boostingeconomic growth. Thegovernment on Saturdaypushed back the deadline tocut the fiscal deficit to 3percent of gross domesticproduct to 2017/18, a yearlater than previouslyexpected, seeking moreelbow room to focus oneconomic growth. "There isstill a constraint on the creditprofile from the fiscal side.The government is going toprivilege growth and notfiscal consolidation. That isthe government'sprerogative," said Atsi Sheth,Moody's sovereign ratings

analyst, told Reuters."I would say that on abalance this (budget) wascredit neutral." Jaitleyforecast that growth wouldaccelerate to 8-8.5 percentin the fiscal year starting inApril, up from 7.4 percentthis year, under a budgetunveiled on Saturday thatfocuses on stokinginvestments. Shethunderscored the need forthe government to worktowards a timely rollout ofits ambitious goods andservices tax (GST), whilesaying more efficient directcash subsidy transferswould also be important.The continuing fiscal deficit,however, along with thedeteriorating asset quality ofpublic sector banks remaina constraint to India'ssovereign credit profile,Sheth added.

ISRO to launch 10 satellitesin 2015: ISRO chief

Agency : New DelhiDirector of Indian SpaceResearch Organization(ISRO) Satellite Centre,Bengaluru, S.K.Shivakumar, on Friday saidthe space agency has set anambitious goal to launch tensatellites in 2015.Shivakumar was speakingon the topic "Indiansatellites and success ofMOM" at the NationalScience Day lecture at theAll-India Institute of Speechand Hearing (AIISH).Launch ten satellites a yearmeans the space agency willbe doubling the number ofsatellite launches ? whichcurrently stand at 4 to 5 a

year. India has launched atotal of 72 satellites on itsown from 1975.

Further two satelliteswere launched with thesupport of foreign agencies,Shivakumar said.Shivakumar further addedthat India will be launchingits 73rd satellite, which willbe a navigation satellite, inthe month of March. Healso revealed that as manyas 41 nations have takenISRO's help in some way orthe other to launch their ownsatellites. The space scientistsaid that there will be bigchallenges that ISRO will befacing to stick to its tensatellite launches per yeartarget, but he assured thatthe infrastructure forsupporting the vision wasbeing created to boost thesatellite production system.

Budget 2015: Morealternatives for buying gold

Agency : MumbaiThe finance ministerannounced two proposals intoday’s budget to addressIndia’s heavy gold importsand the resultant detrimentalimpact on our government’sfinances. The first proposalis to allow for a goldmonetization scheme wherein gold deposits will besought from charitable trusts,temples and other suchinstitutions or individualswho have large holdings ofphysical gold. These will belent forward to jewellers andother users of gold who canget access to the metalwithout having to buy more.Secondly, the finance ministerspoke of issuing sovereigngold bonds which will be analternative to purchasingphysical gold. The scheme

details weren’t mentionedand are yet to be developed.Both the measures are aimedat lowering gold imports.India relies on imports fornearly 95% of its annual golddemand. Annually we importanywhere between 800-1000 tonnes. In 2013, whenIndia’s current accountdeficit peaked to 6.7% in thethird quarter of FY13; curbson gold import wereannounced to try and stemthis imbalance. This is anattempt to bring about muchneeded coherence betweenphysical assets and financialassets.

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Year : 01, Issue : 55 “Sunvilla Samachar” (English Daily) Morning Newspaper Printed at Vansh Corporation, A-8, Shayona Golden Estate, Shahibaug, Ahmedabad - 380 004., and Published at A-24, Shardha Apartment, Thakkarbapanagar Road, Bapunagar,Ahmedabad-382350. Mo.: 9687612324, by Owner, Printer, Publisher : Aksheshkumar S. Savaliya on date 01-03-2015 (Sunday), Editor : Kapilkumar M. Hirpara* (*Responsible for selection of News under the PRB act). RNI Regn No. : GUJENG/2014/59629

Ahmedabad

Make In India: Alstom Vadodara makescountry’s first 800kV converter transformerCorrespondent, Vadodara,Gujarat Chief MinisterAnandiben Patel todayflagged off India’s “FirstMake in India” 800 KVHVDC power transformerfor Haryana at Alstomcompany’s Vadodara plant.The convertor transformer ispart of PowerGrid’Champa-Kurukshetra linkconnecting power stationnear Champa in central Indiato Kurukshetra. RathinBasu, India and Asia

President, Alstom India andSouth Asia said, “Over thepast 100 years, Alstom hascontinuously invested,localised and introduced thelatest technologies in India.

800 kV HVDCconverter transformersmark a new milestone anddemonstrate once againAlstom’s manufacturing andtechnological prowess.”Basu said that world’s onlyfive nations have achievedsuch success. He admiredGujarat government for bestinfrastructure and otherfacilities that according to himmakes Gujarat the best

Narendra Modi’s pinstripemonogrammed suit is again in news

Correspondent, Surat,Prime Minister NarendraModi’s pinstripemonogrammed suit that hewore during his meeting withUS President BarackObama is still in news, evenafter its auction. Surat basedDharmanandan Diamondowner Laljibhai Patel whowon this suit in auction paidamount of bid by cheque toClean Ganga Fund. Aphotograph of thischeque(attached with this

article) was put online by ajournalist. As this photo withLaljibhai’s signature wasviral on social media,someone in Haryana tried towithdraw Rs. 3 crore fromLaljibhai’s HDFC accountby copying the signature ofLaljibhai. MadhubhaiShamaldas Patel, Managerof Dharmanandan Diamondhas filed complaint inKatargam police station inSurat in which he has statedthat they received call from

Hissar based HDFC bankin which bank managerasked whether the companyhad given cheque to LRCroadways that has accountnumber 14332000001861.Bank Manager said that Rs.3 crore cheque had arrivedfor clearing. Madhubhai wasshocked to hear thisbecause the number ofcheque was in company’scheque book only and itwas not issued to anyone.It is believed that a thugin Haryana sawLaljibhai’s cheque forClean Ganga Fund inonline media and usedanother number in thatseries with duplicate signof Laljibhai. Police isinvestigating the matter.

Union Budget and Gujarat: Firstphase of GIFT to become reality now

Sunvilla News, Ahmedabad,Finance Minister Arun Jaitleyin his budget speech today

said that Gujarat InternationalFinancial Finance TecCity(GIFT) will become

reality and appropriateregulations will be issued inthe month of March.“While India producesfinest minds including ininternational finance, theyhave very few avenues inIndia to fully exploit andexhibit their to the country’sadvantage,” FinanceMinister said whilepresenting budget. “GIFTin Gujarat was envisagedas an international financial

centre that would actuallybecome as good aninternational centre asSingapore or Dubai whichincidentally are largelymanned by Indians,” hefurther said. “The proposalhas languished for years. I amglad to announce that the firstphase of GIFT will nowbecome reality. Appropriateregulations will be issued inthe month of March,”Finance Minister said.

Union Budget and Guj:Push to Dholera SIR

677 trees saved from axe inAhmedabad, GandhinagarSunvilla News, AHMEDABADThe forest department in thelast two years has saved 677trees in Ahmedabad andGandhinagar cities frombeing uprooted or cut.These trees were large treesand would have been cut fordevelopment projects. It isworth recalling thatAhmedabad city whichmost giant trees in the state.Over 50% of its trees are'fat' with a girth of over 200cm. Of the 43,255 trees witha girth of over 200 cm foundin areas covered by eightmunicipal corporations inGujarat, AMC has 22,880such trees, which is themaximum among the cities.In reply to a question byThakkarbapanagar MLAVallabh Kakadiya, the

government said that itadopted a policy not touproot huge and big treesbut shift them to placeswhere they can beconserved. The government,in its reply said that in the lasttwo years 86 trees have beenshifted to alternative places.Meanwhile in Gandhinagarcity in the last two yearsending on December 31,2014, the government hassaved 591 trees from beingcut. The state spent Rs3.34 crore in two years inboth cities to save thesetrees. The state acquireda machine to transplanttress. It uses hydraulics tolift entire trees with theirroots and replant them atother places withoutdamaging them.

destination for investors. In year 2012

Alstom had been awarded aturnkey contract worthapproximately €400 millionby Power Grid Corporationof India Limited, to connectChampa (State ofChhattisgarh), Central India,to Khurukshetra (State ofHaryana) in Northern India,using ±800 kV 3,000 MWUltra High Voltage DirectCurrent (UHVDC)technology. This advancedUHVDC system will meetthe bulk power transferrequirement fromChhattisgarh region – a hub

of Independent PowerProducers of thermal power– to the load centre locatedin the northern region of thecountry, through a 1,365 kmtransmission line, creating an“energy highway” of clean,efficient power. Under theterms of the contract,Alstom had to deliver ±800kV UHVDC thyristorvalves, 32 convertertransformers, 400/220 kVgas-and air-insulatedswitchgear and substationequipment, communicationand supervisory control anddata acquisition systems(SCADA).

Agency : New DelhiFinance Minister Shri Arun Jaitley in his budget speech todaysaid, “I am delighted to report a good progress of DMICcorridor on the Ahmedabad – Dholera Investment region inGujarat and another park in Aurgangabad that are now inposition to start work of basic infrastructure in the currentyear. I have earmarked an initial sum of Rs 1200 crore andas pace of expenditure picks up I will provide additionalsum.” To be created around the Delhi-Mumbai IndustrialCorridor (DMIC) with financial cooperation from Japan,the project has already attracted attention.An SIR is differentfrom an SEZ (special economic zone) —it is bigger and isnot merely export-oriented; instead offers a range of services.

Gujarat forest departmentused only half its lion funds

Sunvilla News, AHMEDABADIf the figures tabled in thestate assembly are to bebelieved, the governmenthas spent less than 50% ofthe grants allocated to lionconservation in 2014-2015.The state governmentallocated 43.95 crore in thefinancial year 2014-15 forlion conservation, but theforest department has onlyspent Rs 21.57 crore. Thestate government divulgedthis in reply to a question byVisavadar MLA HarshadRabadiya. The stategovernment said thegovernment had released43.95% crore till January31, 2015 but thedepartment utilized only Rs21.57 crore, or 49% of thefunds released. However,the government has notrevealed what was the grantwas released and what itwas used for. The officialssaid that the majority offunds were utilized for

purchase of rescueequipment and for treatmentof the rescued animals.Meanwhile, to anotherquestion the governmentreplied that 10 Asiatic lionshave been transferred tozoos in various parts of thecountry. The government inresponse to Amreli MLAParesh Dhanani said that the

10 lions were sent to zoosfor the long termconservation of Asiatic lionsand to educate people onthe Asiatic lion. The big catswere transferred withpermission from thecompetent authority and aspart of the zoo exchangeprogramme. During therecent Vibrant Gujaratsummit, the forestdepartment inked an MOUto send the Asiatic lionsfrom a zoo here to one inthe Czech Republic. TheGujarat government hadapproved the proposal togive the lions to the Czechgovernment. The lions totransferred will not be takenfrom the Gir forest but fromSakkarbaug Zoo inJunagadh.

Pradeep Sharma scaled walls to flee, claims EDSunvilla News, AHMEDABADOfficials of the EnforcementDirectorate (ED) on Fridaymorning tried to arrestsuspended IAS officerPradeep Sharma from abungalow in Thaltej butfailed. ED officials claim thatSharma was seen in themorning at the bungalow ofa retired government officialbut had allegedly escapedafter climbing over severalboundary walls. Sourcessaid ED officials, with thehelp of police, have beentrying to locate Sharma since

his anticipatory bailapplication was rejected bythe special court forprevention of moneylaundering act. Later whenthe officials conducted asearch at the bungalow andeverywhere in the housingsociety, Sharma could notbe found anywhere. "Thereare boundary walls betweensix bungalows that are builtin a single row. 'We suspectSharma had escaped byclimbing over the walls," saidan official. Sources said theED had reportedly learnt of

Sharma's presence at abungalow on Thaltel-Shilajroad on Thursday night andhad been watching thehouse since Friday morning.Directorate officials saw acar bearing a Rajkotregistration number parkedin the common plot of thesociety. "Just then a red-coloured car arrived. Thedriver of the car went insidethe bungalow and came outwith Pradeep Sharma,"claimed an official. Sourcessaid that while ED officialswere waiting for the arrest

warrant to arrive, residentsof the bungalow were seenasking the security guard ofthe society about the car inwhich the ED officials hadcome. As soon as thedirectorate officials got thearrest warrant, they rushedinside the bungalow toarrest Sharma. "Wesearched the wholebungalow and also someadjoining bungalows butcould not find Sharma. Wesuspect he had got away byjumping over the boundarywalls," said a source in ED.

Union Budget and Gujarat: Govtto support exhibition on Parsi

Sunvilla News, Ahmedabad,Finance Minister ArunJaitley today in his budgetspeech announcedgovernment’s support for an

Union Budget and Gujarat:Restorationof World Heritage Site Ranki Vav

exhibition on Parsi cultureand civilization titled as ‘TheEverlasting Flame.’ It is notclear whether it’s apermanent exhibition or

temporary one. “Further, toshow-case civilization andculture of the Parsis, theGovernment will support, in2015-16, an exhibition, ‘TheEverlasting Flame’. Theallocation for the Ministry ofMinority Affairs is beingprotected. The BE for theyear 2015-16 is Rs. 3,738crore.” Parsis are integralpart of culture and history ofGujarat as they arrived fromIran with holy fire at Gujaratcoast and stayed here.

Agency : New DelhiFacilities at CulturalWorld Heritage Sites areto be Restored: ArunJaitley The Union FinanceMinister Shri Arun Jaitleyhas said that the facilitiesat India’s 25 CulturalWorld Heritage Sites arestill deficient and requirerestorat ion. Whilepresenting the GeneralBudget 2015-16 in theParliament today, theFinance Minister ShriJaitley has stated that thefacilities like landscaping

restoration, signage andinterpretation centres,parking, access fordifferently abled,amenities for visitorsincluding securities andtoilets, illumination andplans for benefi t ingcommunities around themwould be restored. TheUnion Finance MinisterShri Jaitley has proposedto provide resources tostart work along theselines for the followingHeritage Sites: 1.Churches & Convents of

Old Goa, 2. Hampi,Karnataka, 3.Kumbalgarh and other HillForts of Rajasthan, 4. Raniki Vav, Patan, Gujarat, 5.Leh Palace, Ladakh, J&K,6. Varanasi Temple town,UP, 7. Jalianwala bagh,Amritsar, Punjab,8. Qutub Shahi Tombs,Hyderabad, TelanganaShri Jaitley proposed toextend the Visas on arrivalfacility to 150 countries, instages, after the success ofthe same issued to travelersof 43 countries.