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.....👍✌

Monday, July 07, 2014

Will India Choose Steel or Iron Ore in its Budget Battle?
~by Sohrab Darabshaw 
Mr.Narendra Singh Tomar
Photo: BJP.Org
JULY 7, 2014: India’s new Steel and Mines Minister Narendra Singh Tomar needs to tread carefully. He must recommend a path that makes economic and financial sense, but it also must not anger either of the two lobbies, steel or iron ore. While one issue relates to mining, the other, to steel. In the previous governments, such a conflict never arose since both were separate ministries handled by different ministers. In the new Bharatiya Janata Party (BJP) Government, while the ministries continue to remain separate, there’s one minister in charge of both, so therein lies the rub.

The miners, inclined towards exports, hold the view that due to the paucity of ore, high duties have made exports not viable, resulting in job and revenue losses. The steel majors, on the other hand, cite the same iron ore shortage to prop up their case that India’s 30 percent duty on exports, imposed in late 2011, should be continued, stating that restrictions on mining of iron ore in the recent past had led to an estimated drop of 35 percent in India’s total annual output of ore, presenting a “grave challenge” within the steel industry.

Until recently, India was the third largest exporter of iron ore, but the combination of a series of mining bans and the export tax have dropped it a few nothces. Exports plummeted to just 14.42 million tons in 2013-14 compared to 117.37 million tons in 2009-10. During the period, India’s ore imports went up from 0.89 million tons to 5 million tons. For a while, India had turned into a net importer of iron ore.

The previous government also imposed a five percent export duty on iron ore pellets, an agglomerated form of the raw material. So, while industry association, the Associated Chambers of Commerce and Industry of India was of the view that the government should raise the export duty on iron ore pellets even further to safeguard the interests of India’s steel industry, the Pellet Manufacturers’ Association of India has demanded that commerce ministry remove the duty, claiming it was choking the industry and would stunt growth.

Anil Agarwal, Chairman of Vedanta, one of the world’s biggest diversified metals and mining companies, has supported the mining industry’s demand to reduce the export duty. In a tweet that he sent out, he said India could earn $10 billion if the government allowed the export of iron ore.

So how’s the Steel and Mining Minister planning to tackle the dichotomy? Insiders have told the media that he seems inclined to continuing allow the export tax to stand. When asked for his reaction, Tomar told news agency, the Press Trust of India (PTI), that a conciliation had to be reached on the two issues, and that his ministry was studying both demands.

Which is not saying much at all, is it?

Courtesy: Metal Miner

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