01112017-TTC-01.qxd 12/1/2017 1:22 AM Page 1 13 established in 1881 friday, december 1, 2017 chandigarh | gurugram | jalandhar | bathinda | jammu | srinagar | www.tribuneindia.com | vol. 1 no. 226 | 16 pages | ~4.50 | regd. no. chd/0006/2015-2017 /thetribunechd World Championship gold after 22 yrs COURTESY: IWF /thetribunechd 6.3% growth, up from 5.7% Five-quarter slide reverses; manufacturing, services push GDP up Sanjeev Sharma Tribune News Service India won its first weightlifting World Championships gold medal since 1995 when Mirabai Chanu (centre) defeated the Thai favourite Thunya Sukcharoen in the women’s 48 kg in Anaheim, California, on Wednesday. Mirabai had failed to register a total at the Rio Olympics because of nerves. India’s last World Championships winner was Karnam Malleswari, who in 2000 became the country’s first female Olympic medallist in any sport. PAGE 14 New Delhi, November 30 Reversing a five-quarter slide in GDP growth, the economy grew by 6.3 per cent in JulySeptember, substantially higher than 5.7 per cent in the first quarter, giving hope that the impact of disruptions like demonetisation and Goods and Services Tax (GST) has been absorbed. After a three-year low of 5.7 per cent in the first quarter, the GDP growth at 6.3 per cent comes on the back of a sharp jump in manufacturing activity, which increased from 1.2 per cent in the first quarter to 7 per cent in the second. The turnaround will come as a relief for the Narendra Modi-led BJP government, which was being heavily criticised for its economic policies and comes just days before the crucial elections in Gujarat, which has a strong manufacturing and business traction. After the jump in the World DeMo, GST IMPACT OVER: FM The impact of significant structural reforms like demonetisation and GST is behind us. Hopefully, growth in coming quarters will be on upward trajectory. ❝ Arun Jaitley, FINANCE MINISTER WAIT FOR NEXT 3-4 QUARTERS: PC We cannot say now whether this will mark an upward trend. We should wait for growth rates over next 3-4 quarters before we can reach a definite conclusion. ❝ P Chidambaram, EX-FINANCE MINISTER Bank Ease of Doing Business rankings and rating upgrade by Moody’s, the GDP number will come as an additional boost for the economy managers. Chief statistician TCA Anant said the increase to 6.3 per cent in Q2 (second quarter) against 5.7 per cent in Q1 shows a significant trend reversal in growth rates, indicating it is returning to more normal levels. Manufacturing growth has been one of the main reasons Winter to be cooler than last year: IMD Wants road safety policy in place, trauma centre in each district, state-district panels Create road safety fund: SC tostates, UTs New Delhi, November 30 Winter across India this year is likely to be cooler than last year but warmer than normal, the India Meteorological Department (IMD) said in its forecast. During the period between December 2017 and February 2018, warmer than normal maximum and minimum temperatures are likely across the country, the IMD said. “However, the season’s mean temperatures in most of the subdivisions are likely to be cooler than last year,” IMD Director General KJ Ramesh said. — PTI Satya Prakash Tribune News Service New Delhi, November 30 Concerned over the high fatality in road accidents, the Supreme Court on Thursday ordered states and union territories to frame a road safety policy, create state road safety council with a lead agency, district road safety committee and permanent road safety cell by January 31, 2018. A Bench of Justices Madan B Lokur and Deepak Gupta directed creation of a road safety fund and putting in place a road safety action plan in four months. “The corpus of the fund will be from the fines collected for traffic violations and will be utilised for meeting expenses relating to road safety,” the Bench said. Many of the states have already framed a road safety policy, it noted, as it issued a series of related directions, many of which are covered under the Motor Vehicles Act. The Bench ordered that at least one trauma care centre should be set up in every district with necessary facilities and an ambulance. “The state governments and UTs should take up this recom- mendation at the earliest since it is on record that treatment soon after a road accident is crucial for saving the life of the victim,” it added. Regarding Universal Accident Helpline Number, it said there was already a call centre number, 108, provided by the National Health Mission. Due publicity must be given to this so an ambulance can be activated at the earliest. It directed the state governments to seriously consider including road safety education and counselling in the school curriculum at the earliest. The order came on a PIL filed by Dr S Rajaseekaran, chief of the Indian Orthopaedic Association in 2012, seeking enforcement of road safety norms and appropriate treatment of accident victims. Citing a 2010 report of the Ministry of Road Transport and Highways, Rajaseekaran had contended that the number of road accidents was increasing every year and “unfortunately, more than half the victims are in the economically active age group of 25-65 years”. The Bench took note of the fact that the number of deaths due to road accidents in the country was over 1,00,000 in a year, which meant one death every three minutes. In 2014, the number of persons who died in road accidents stood at 1,39,671, only to reach 1,46,133 in 2015. The insurance companies spent Rs 11,480 crore towards compensation for deaths, injuries, third party property damage and other damage due to road accidents in 2015-16. The district panel would be headed by the Collector and should include the SP health , officers, PWD engineers, NHAI representatives, the RTO and members of civil society. in the encouraging growth rate figure, he added. Commenting on the GDP figure, Finance Minister Arun Jaitley said the second quarter GDP growth marks reversal of a five-quarter declining trend. The deceleration trend in the overall growth which was witnessed since the first quarter of the last fiscal year had been now reversed, he said. Jaitley said the sharp rise in manufacturing and growth of services at 7.1 per cent shows that the economy now seems to have weathered the transitional challenges experienced earlier in the year and appears poised for a durable recovery going forward. He pointed out that investment activity was also picking up as the gross fixed capital formation had increased from 1.6 per cent in Q1 to 4.7 per cent in Q2. Meanwhile, Finance Secretary Hasmukh Adhia pointed out that the calculation for indirect tax collections under GST was done in a different way this time because of the change in regime for indirect taxes. Earlier the tax liability was fixed under the old regime, but under the GST, the government had given a lot of extensions for tax payments which would imply that indirect revenue may be underestimated and the GDP figure might go up, he said. more on page 12 Punjab municipal elections on Dec 17 Chandigarh: Fifty per cent seats reserved for women, elections to three municipal corporations (Amritsar, Jalandhar and Patiala) and 32 municipal councils and nagar panchayats in Punjab would take place on December 17, a senior election official said. For the first time, voters will have the ‘None of The Above’ option in a civic poll. Voting will start at 8 am and continue till 4 pm. The results will be out the same day. The notification will be issued on December 2. Nominations can be filed till December 6 and withdrawn by December 8. With this, the Model Code of Conduct has come into force in these civic areas. PAGE 3 UP tops country’s crime chart: NCRB Tuition fee for martyrs’ kids capped at ~10K Srinagar: Uttar Pradesh recorded the highest number of heinous crimes such as murder and those against women in 2016, says the data released by the National Crime Records Bureau (NCRB). Delhi is the most unsafe of 19 major cities in the country. PAGE 7 New Delhi: The MoD has capped educational expenses it pays to children of martyrs or those disabled in action at ~10,000 per month, impacting 3,200 students in schools, colleges and professional institutions. This will result in a meagre saving of ~4 cr per annum. PAGE 11
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising four eminent persons as trustees.
The Tribune, the largest selling daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the paper. It is an independent newspaper in the real sense of the term.
The English edition apart, the 133-year-old Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).