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, February 23, 2015
Exporters seek minerals export duty abolished
Govt levied 5% export duty on pellets, 10% on bauxite and 30% on chromite and iron ore
Mumbai February 3, 2015: Mineral exporters have urged the government to abolish export duty to compete with other suppliers in global markets and make way for further excavation at mine sites.
In a pre-budged submission to the Finance Minister Arun Jaitley, Kolkata based Indian Ore Exporters' Association, a body represented by hundreds of iron ore miners in eastern states including Odisha, argued that low grade iron ore mined automatically while mining high grade is not used by domestic steel mills. Therefore, its exports should be encouraged to vacate the minesites where the same is deposited.
"The government levied 30% export duty to discourage exports of iron ore, to promote steel production in India and to conserve natural resources. To protect the interest of miners, the government rolled out incentives to build pellet plants to utilize the iron ore fines. Unfortunately, these pellets units also used high grade iron ore (lumps) leaving thereby, problems of fines unresolved. Keeping ore stocks for long period, spills over to adjoining areas and also into water bodies which needs to be prevented. The only way to prevent such spread is to encourage exports which will be possible only after abolishing duty immediately," said P K Chaki, Secretary, Iron Ore Exporters' Association.
Normally 65% of fines are generated to produce 35% of calibrated (desired size) ore. These low grade fines particularly of Fe content below 60% had very little or no commercial demand in India till 2003 and therefore, used as landfills. Suddenly, on Chinese steel boom between after that, Indian exporters found heavy demand for production of steel. So, out of 220 million tonnes of output in 2009, 125 million tonnes were exported of which 110 million tonnes to China alone.
According to informed sources, there is a massive stock of iron ore stored at the eastern coast of Odisha which awaits duty reduction for exports to China to compete with other global suppliers including Australia and Brazil.
R K Sharma, Secretary General of the apex industry body the Federation of Indian Mineral Industries (FIMI), said, "There is no need for export duty on minerals. Hence, it should be abolished immediately to encourage mining."
The government levied 5% export duty on pellets, 10% on bauxite and 30% on chromite and iron ore.
Courtesy: Business Standard