Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Friday, March 21, 2014

India's gold jewellery exports turn to uptrend
~By Siddesh Mayenkar
Thu Mar 20, 2014: Gold jewellery exports from India rose for the first time in the fiscal year last month, helped by better availablity of gold, and industry officials said this trend will gain pace in coming months with more banks importing.

India's jewellery exports had been hit by limited gold supplies after it curbed imports to bring down a current account deficit.

After falling more than 50 percent since the start of the year, jewellery exports edged higher by one percentage point in February to $718.36 million from a year earlier, the Gems and Jewellery Export Promotion Council (GJEPC) said.

"The comfort level of availability of gold has increased and more supplies will come with new banks coming on board," said Pankaj Kumar Parekh, vice chairman of GJEPC. He said the positive trend will continue in coming months.

India has allowed five domestic private sector banks to import gold. The move could boost supplies and bring down premiums for the metal in the world's second-biggest consumer after China.

Cumulatively, India exported $6.35 billion worth of gold jewellery in the first eleven months from April 2013, down from $11.67 billion.

"Things are a little better than last time as we are getting gold and even the American market is recovering," said Rajiv Jain, chairman and managing director of Sambhav Gems, which exports gem studded jewellery mostly to the United States and Europe.

Exporters will also eye the next policy moves from the federal government after the current account deficit eased from a record high hit in the year to March 2013.

The CAD, final figures for which are expected to come in the first week of June, is likely to fall to less than $40 billion for the fiscal year ending March 31 from its record $88 billion in the previous year.

"Next year should be good as far as exports are concerned. If there are favourbale changes in gold import policy that will help," said Jain. "At the last Hong Kong exhibition the response from gems and jewellery traders was good, further adding to hopes."

A trade fair for exporters was held in Hong Kong from March 2 to March 9. (Reporting by Siddesh Mayenkar; Editing by Anupama Dwivedi and William Hardy)

Courtesy: Reuters