August, 2012

Indian Economy Q-1 (Apr-June)

Growth of the Indian Economy Growth in per cent at 2004-05 prices.

GDP 
– at factor cost  2011-8.0 ; 2012-5.5

                                                                                   2011-12    2012-13

Agriculture, Forestry & Fishing                                 3.7           2.9
Mining & Quarrying                                                  –0.2            0.1
Manufacturing                                                             7.3            0.2
Electricity, Gas & Water supply                                8.0            6.3
Construction                                                               3.5          10.9
Trade, Hotels, Transport & Communication      13.8            4.0
Financing, Insurance, Real Estate &
Business Services                                                    9.4          10.8
Community, Social & Personal Services               3.2           7.9
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[KBK Infographics]
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Double decker daily train likely to Bangalore

The Chennai-Bangalore Double Decker AC train announced in the Railway Budget is likely to rollout by December – January touting several additional safety features and passanger amenities. However through you will have more people for company on board this new train, the Shatabdi Express will continue to be your best choice to reach Bangalore faster while the running time between the two cities is about six hours for the double decker, the Shatabdi’s races across the 362 km. in just under five hours. The Chennai-Bangalore section would be 17 coaches that include a 13 car rake and four spare and two Brake van-cum-luggage-cum power cars. This Express will have a seating capacity of 120 persons per coach that is partitioned into upper deck 50, lower deck 48 and normal 22 sections.

16th Summit of NAM

The 16th Summit of the Non-Aligned Movement (NAM) concludes in Tehran, Iran. Leaders from 120 nations, including 24 Presidents, three Kings, eight Prime Ministers and 50 Foreign Ministers participate in the summit. Such issues as human rights, nuclear disarmament, Syria’s civil unrest, etc., top the agenda at the summit.

New Chief of Naval Staff

Admiral Devendra Kumar Joshi takes charge as the Chief of the Naval Staff, succeeding Admiral Nirmal Kumar Varma.

CSO releases the data on India’s GDP

The Central Statistical Office (CSO) releases the data on India’s gross domestic product (GDP) in the first quarter (April-June) of the 2012-13 financial year. The data puts the GDP growth during the quarter under consideration at 5.5 percent, marking a show of persistent sluggishness from a robust 8 percent expansion during the same period in the previous (2011-12) financial year.

Adopt system cut effluent temperature

The Tamil Nadu Pollution Control Board has laid down a condition that the Kudankulam Nuclear Power Project should adopt a suitable system to reduce the temperature of the trade effluent at the final discharge point so that the resultant rise in the temperature of the sea does not exceed seven degrees celsius above the ambient temperature. The board stipulated the condition in its fresh consant order to operate the plant, a copy of which was submitted to the Madras High-Court.

Stormwater project for new zones

The Chennai Corporation is likely to construct a stormwater drain network, totalling nearly 1,055 kms in the eight added zones as part of the measures to prevent water-logging. The network, which will be constructed at an estimated cost of   3000 crore, will cover four basins of Kosasthalaiyar, Adyar, Coovam  and Kovalam. Kosasthalaiyar basin will be devided into watersheds covering zones such as Tiruvottiyur, Manali, Madhavaram and parts of Ambattur. Adyar basin will cover zones of Valasarawakkam and Alandur. Stormwater drain network in watersheds of cooum basin will prevent water logging in parts of Ambattur zone and Valasaravakkam. New stormwater drain proposals in Kovalaum basin will benefit Sholinganallur and Perungudi zones.

City cops get FB-ing with brand new page

The city police recently launched their official Facebook page – Kaval Thurai (Police department) – in order to spread awareness about various kinds of fraud including cyber crime, online bank fauds, job rarckets and other white-collar crimes Netizens using the page can post alerts on frauds, which will then be probed by police. In the aftermath of an Chennai Traffic Police, the Chennai city police opened its own page. While there are 25 subscribers as of now, the numbers are expected to escalate.

Addl. Solicitor – General take charge

Two new Additional Solicitors-General for the High Courts in South India took charge. G. Masilamani, a former Advocate-General of Tamil Nadu and P. Wilson, a former Additional Advocate-General, have been appointed by the Union Govt. to succeed M. Ravindran, whose term of office had ended. This is the first time that two ASGs were appointed for South India after the post was created in 1997. Mr. Masilamani had held the post in 1997-98. Mr. Wilson, a senior counsel, has held various positions including Standing Counsel for Chennai Corporation and Tamil Nadu State Transport Corporation, Asst. Solicitor-General of India and Senior Legal Advisor, Chennai Port Trust.

16th NAM summit

Prime Minister Dr. Manmohan Singh meets with Pakistan President Mr. Asif Ali Zardari on the sidelines of the 16th NAM Summit in Tehran, Iran, Dr. Singh conveys to Mr. Zardari India’s decision to allow Pakistan to cross-examine three 26/11 witnesses.