The party fought the decision to fell trees at Aarey Colony, but the Aurangabad Municipal Corporation, which it controls, wants to chop down 1,000 trees for a Bal Thackeray memorial in Priyadarshini Park. The first decision Chief Minister Uddhav Thackeray took after he assumed charge on November 29 was to halt work on a Metro car shed at Aarey Colony that would require the felling of many trees. However, Shiv Sena-governed Aurangabad Municipal Corporation (AMC) is all set to cut around 1,000 trees for a memorial of the party’s founder, the late Bal Thackeray, in Aurangabad’s Priyadarshini Park. Priyadarshini Park is dense wood spread across 17 acres in the middle of Aurangabad and apart from serving as a green lung it is used for walking, jogging and other leisure activities. According environmental activists the park is home to 70 species of birds, 40 species of butterflies and various reptiles and small mammals. Sunny Khinwsara, a lawyer for petitioners who have filed … [Read more...] about ‘Tree saviour’ Sena wants to chop 1,000 in Aurangabad
Land development order
India in growth recession; extreme centralisation of power in PMO not good: Rajan
Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a “growth recession” with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister’s Office and powerless ministers. Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth.He also urged India to join free trade agreements judiciously in order to boost competition and improve domestic efficiency.“To understand what has gone wrong, we need to start first with the centralised nature of the current government. Not just decision-making but also ideas and plans emanate from a small set of personalities around the Prime Minister and in the Prime Minister’s Office (PMO).“That works well for the party’s political and social … [Read more...] about India in growth recession; extreme centralisation of power in PMO not good: Rajan
India in growth recession; extreme centralisation of power in PMO not good: Raghuram Rajan
NEW DELHI: Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a "growth recession" with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister's Office and powerless ministers. Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth. He also urged India to join free trade agreements judiciously in order to boost competition and improve domestic efficiency. "To understand what has gone wrong, we need to start first with the centralised nature of the current government. Not just decision-making but also ideas and plans emanate from a small set of personalities around the Prime Minister and in the Prime Minister's Office (PMO). "That works well for the party's political and social agenda, which is well laid … [Read more...] about India in growth recession; extreme centralisation of power in PMO not good: Raghuram Rajan
Fatal ‘Flying Shark’ crashes compel China to speed-up carrier stealth fighter project
The Hong-Kong based South China Morning Post reports a series of mechanical failures and four crashes are behind the push to replace the J-15s that have been conducting experimental flight operations aboard China’s first aircraft carrier, Liaoning. The J-15 ‘Flying Shark’ is a derivative of the Russian Su-33 fighter. This is itself a descendant of the Su-27, a 30-year old Cold War design. But the J-15 is proving to be too big, too heavy — and too unreliable — for operations aboard China’s smaller aircraft carriers. Liaoning is a refurbished Soviet-era aircraft carrier purchased from the Ukraine in the late 1990s. Beijing’s first home-built aircraft carrier, known only as Type 002A, is a reverse-engineered version of the Soviet design. Both are considerably smaller than the United States’ nuclear powered aircraft carriers, yet the J-15 is heavier than anything the US ships operate. And this has pushed Chinese carrier landing and takeoff … [Read more...] about Fatal ‘Flying Shark’ crashes compel China to speed-up carrier stealth fighter project
Starting point to address slowdown would be to acknowledge it: Raghuram Rajan
Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a “growth recession” with signs of deep malaise in the Indian economy that is being run through extreme centralisation of power in Prime Minister’s Office and powerless ministers.Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth.He also urged India to join free trade agreements judiciously in order to boost competition and improve domestic efficiency.“To understand what has gone wrong, we need to start first with the centralised nature of the current government. Not just decision-making but also ideas and plans emanate from a small set of personalities around the Prime Minister and in the Prime Minister’s Office (PMO).“That works well for the … [Read more...] about Starting point to address slowdown would be to acknowledge it: Raghuram Rajan
