‘23’

BIO-DATA OF MINISTER OF STATE FOR RAILWAYS SHRI BANGARU LAXMAN

    Shri Bangaru Laxman today took over charge as the Minister of State for Railways. He was elected to Rajya Sabha in April’96. He worked as the Union Minister of State for Planning, Programme Implementation and Statistics from october 13, 1999 to November 2, 1999. He was the Chairman, House Committee, Rajya Sabha from August 1998 to October 12, 1999.

    Born at Hyderabad (Andhra Pradesh) on March 17, 1939, he got his B.A., LL.B degree from Osmania University, Hyderabad. He worked in the Andhra Pradesh State Electricity Department in 1958, Railways in 1962 and Accountant General Office in 1965. He resigned his job in 1969 and became a full time political worker. He has been working in RSS since 1953 from his student days. After joining active politics, he was associated with working class movement and headed many trade unions.

    He joined Andhra Pradesh BJP Unit in 1986. He worked for BJP All India Scheduled Caste Morcha for more than seven years. He was the Vice President of Saraswati Vidyapeetham at all India level during 1997-98. He was the General Secretary, State Janata party in 1978 ; Secretary State Unit of BJP from 1980-85 and worked in All India BJP from 1987 to 1995. He also held the post of Vice President of All India BJP. He was a member of the Senate of Osmania University from 1970-76. He visited New York (USA), Peru and Brazil in 1998 as a member of high level Indian delegation under the leadership of President of India.

    Shri Laxman was a member of the Andhra Pradesh Legislative Council in 1985-86. During his tenure in Rajya Sabha, he has been in the Consultative Committees of Ministry of Home Affairs and Ministry of Finance. He was also a member of Committee on Labour and Welfare and Committee on Energy.

    He takes special interest in literary activities and his articles have been published in Telugu, Hindi and English newspapers.

 

 

‘23’

RAILWAYS OBSERVE RAJ BHASHA SWARNA JAYANTI YEAR

    The Railway Ministry is organising a number of programmes to celebrate Golden Jubilee year of Official Language. The celebration was inaugurated yesterday by the noted legal luminary and scholar Dr. L.M. Singhvi in a function held at Rail Bhavan. The Minister of State for Railways, Shri Digvijay Singh presided over the function. On this occasion, Shri Singh presented awards, shields, trophies and prizes to the Railway Zones, Production Units and individuals who have taken special initiatives for the implementation and propagation of Official Language. Under the incentives scheme for helping the cause of Hindi, the Railways have instituted more than 100 awards and prizes. This year’s Kamalapathi Tripathi Rajbhasha Gold Medal has been bagged by Shri Somnath Pandey, General Manager (GM) North Eastern Railway, Gorakhpur while Rajbhasha Swarn Jayanti Gold Medal has been bagged by Shri P. Ramachandran,GM, Wheels and Axle Plant, Bangalore.

    Presiding over the Inaugural Function, Shri Digvijay Singh said that the dreams of Gandhiji could be fulfilled if we sincerely work for the development of Hindi language and its implementation in the offices. Gandhiji accepted this as the language for freedom struggle while leading the Satyagraha Movement at Champaran in 1917. He said that many non Hindi speaking areas have also greatly contributed to enrich the language. We should emulate love for the language from the Japanese people who only like their language and it has never stood in the way of their development. He was happy that Railways have taken a lead in implementing Official Language - Hindi. He stressed on more use of Hindi in computerisation and appealed to the railway employees to extend their full cooperation in successful implementation of the Official Language.

    In his inaugural address, Shri Singhvi said that effective implementation of Hindi as Official Language needs all-out devotion, determination and skills of the employees. He pointed out that induction of more technical terms and use of the Hindi language in science, culture, medicine, justice, management and administration would enrich the language and widen its extensive use. He appealed to the railway employees to love the language from heart and soul and contribute their best for its implementation during the Swarna Jayanti Year. Mr. Singhvi said that the eminent scholars like Shyama Prasad Mukherjee, Subhash Chandra Bose and Rabindranath Tagore were always of the opinion that Hindi is the only language to promote the unity and integrity of India.

    A high level discussion on the topic ‘Progress and Status of Hindi in the last 50 years’ was organised at Rail Bhavan, today. The Minister of State for Railways, Shri Digvijay Singh initiated the discussion and eminent scholars including Dr. Indu Prakash Pandey, Smt. Hyde, S/ Shri Alok Mehta, Anurag Chaturvedi, Himanshu Joshi and Lallan Prasad Vyas participated in the discussion. The discussion was compered by the noted journalist Shri Rahul Dev.

    In observance of the Swarna Jayanti Samaroh, a Kavi Sammelan was also organised today in which noted Hindi poets participated. Shri Digvijay Singh presided over the function.

 

‘7’

ADDITIONAL COURTS FOR DISPOSING OF PENDING CASES

    The sanctioned strength of Judges of High Courts is 590 Permanent and Additional Judges. It has been decided to create 28 new posts of Permanent and Additional Judges with effect from the dates these posts are actually filled up.

    As regards increase of courts and appointment of additional judges in the subordinate judiciary, it is the responsibility of the State Governments to create additional courts or appoint additional judges in consultation with the concerned High Courts.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Shri D.P. Yadav in the Rajya Sabha today.

 

 

‘7’

DELIMITATION OF PARLIAMENTARY AND ASSEMBLY CONSTITUENCIES

    There is no proposal under Government consideration for the delimitation of existing Parliamentary and State Assembly Constituencies.

    The Government is in agreement with the decision taken in the all party meeting on reform of electoral laws held on May 22,1998 that the existing position in respect of Delimitation of Parliamentary and State Assembly Constituencies, may continue till fresh delimitation becomes due as per existing constitutional provisions.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Sardar Gurcharan Singh Tohra and Shri Sukhdev Singh Libra in the Rajya Sabha today.

 

 

‘7’

SITTING JUDGES OF SUPREME COURT AND HIGH COURTS

    The number of sitting Judges in Supreme Court and High Courts, as on August 15,1999, was 25 and 464 respectively.

    Appointment of Judges of the Supreme Court and High Courts is made under article 124 and 217 of the Constitution of India which do not provide for reservation for any caste or class of persons. Therefore, no information is maintained for caste or class . The Government have, however, addressed letters to the Chief Ministers of the States and the Chief Justices of the High Courts from time to time requesting them to locate persons from the bar belonging to Scheduled Castes, Scheduled Tribes, other Backward Classes, Minorities and Women who are suitable for appointment as High Court Judges.

    The number of sitting women Judges in the Supreme Court and High Courts as on August 15,1999, was 1 and 17 respectively.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Shri V.N. Gadgil in the Rajya Sabha today.

 

 

‘7’

NO PROPOSAL TO DEBAR INDIAN CITIZENS OF FOREIGN ORIGIN FROM CONTESTING FOR HIGH COURTS

    There is no proposal under Government’s consideration to debar Indian citizens of foreign origin from contesting for high offices in the country.

    Since no such proposal is under consideration of the Government, the question of its details does not arise, the idea has been mooted by some of the important functionaries of political parties and a public debate is going on the subject. When the idea crystalises and some consensus emerges, the Government will consider how to implement it.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Shrimati Jayaprada Nahata and Shri Amar Singh in the Rajya Sabha today.

 

 

‘7’

THIRTEENTH LOK SABHA ELECTIONS

    According to the information furnished by the Election Commission of India, during elections, the Commission and the officers in charge of managing the election, like the Chief Electoral Officers, Observers, District Election Officers, Returning Officers and Assistant Returning Officers receive a large number of complaints from political parties, contesting candidates and other alleging unfair practices being committed by one or other parties or candidates. Some of these complaints are in writing and some are made over the telephone. It was, therefore, not possible to catalogue all the complaints received at different levels and from various sources. However, all complaints are looked into and the Commission endeavours to take corrective action wherever allegations of unfair practice appears to have some basis in facts.

    As for information regarding the total expenditure incurred on the 13th Lok Sabha Elections including expenditure on para-military forces and officers, information is being compiled and will be laid on the Table of the House.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Shri S. Agniraj in the Rajya Sabha today.

 

 

‘46’

RECOGNITION OF NIDHI COMPANIES

    Non-banking Financial Companies can apply for declaration as Nidhi under Section 620A of the Companies Act, 1956. As on October 31,1999, 122 applications are pending at various stages. On receipt of Reserve Bank of India’s report and Auditor’s certificate regarding compliance of directions issued by Reserve Bank of India and Department of Company Affairs from time to time, these applications are further processed and disposed of. Department of Company Affairs has revised the guidelines for Nidhi recently on November 1,1999 to improve their working. Applications complying with the revised guidelines also will be permitted to function as Nidhi.

    This information was given by the Minister of Law, Justice and Company Affairs Shri Ram Jethmalani in a written reply to a question from Shri S. Agniraj in the Rajya Sabha today.

 

 

'30'

SHRI T.R. BAALU TO ATTEND MEET ON MONTREAL PROTOCOL IN BEIJING

    Minister of Environment and Forests Shri T.R. Baalu will lead the Indian delegation to the 11th Meeting of the Parties to the Montreal Protocol scheduled to be held in Beijing, China on 2nd and 3rd December, 1999. The Meeting of Parties is the highest policy making body of the Montreal Protocol system. During the Meeting, each participant from the developing and the developed countries will make a statement regarding their countries’ commitment to the Protocol and highlight the achievements of their respective country as per the Protocol’s phaseout schedule.

    In the Beijing Meeting, Shri Baalu will highlight the various fiscal and regulatory measures that India has taken to meet its commitments under the Montreal Protocol for phasing out ozone depleting substances. He will also express the concerns of India and other developing countries regarding need for an adequate replenishment of funds for meeting the obligations in certain sectors.

 

 

'39'

SERVICE RATIO IN MAIL DELIVERY GOES UP TO SEVENTY-FIVE PERCENT   

    As a result of various steps taken by the Department of Posts (DoP) the all India average of success ratio in delivery of mail with norms has gone up to 75% while in some circles the achievement is as high as 97%. Stating this in a written reply to a question in the Rajya Sabha today, the Minister of State for Telecommunications, Shri Tapan Sikdar informed the Members that the Department has made elaborate arrangements for timely delivery of letters from one destination to another, fixing norms of transit and also of delivery. He stated that for achieving these objectives mail sorting pattern has been segmented into various channels like, Green channel (Local), Metro Channel and Rajdhani Channel, business Channel, Bulk Mail Channel and Patrika Channel. Delivery system at post offices has been restructured and rationalised so that letters are delivered on the day of receipt. In cities some postmen have also been provided with mopeds to facilitate delivery. Monitoring of mail processing system and delivery work has been strengthened, he added.

    Earlier, the Minister had informed the Member that in the Audit Report on the Department for the year ending 31st March 1998, while reviewing mail delivery system for the year 1995-96, 1996-97 and 1997-98 it was observed that operational performance in some of the metro cities had not been satisfactory.

 

 

‘23’

V.K. AGARWAL AND A.S GUPTA FROM RAILWAYS GET PRESTIGIOUS SILVER ELEPHANT SCOUTS AND GUIDES AWARD

    The Railway board Chairman, Shri V.K. Agarwal and the Chairman, Railway Scouts and Guides Board of the Railway Ministry, Shri A.S. Gupta have received the Silver Elephant Award, the most prestigious Award in India for services rendered in the field of Scouts and Guides. The awards were presented by the Culture, Youth Affairs and Sports Minister Shri Ananth Kumar in the Rashtrapati Scouts and Guides Rally held here yesterday. The President of India Shri K.R. Narayanan, the chief patron, Bharat Scouts and Guides who was to distribute the prizes could not attend as he was not well. Silver Elephant Awards are presented every year to 8 international leaders and 32 prominent persons from India.

    Shri V.K. Agarwal is associated with scouting/guiding activities since 1976 and has taken keen interest to spearhead the activities of the organisation. In his entire career in the Railways, he has been a source of great inspiration to Scouts and Guides. As the Chairman, Railway Board he continues to patronise activities and events of Scouts and Guides.

    Shri A.S. Gupta has been associated with the Scouts and Guides movement for over two decades in his tenures in different Railway Zones. He has been actively involved in planning and organising training camps, rallies and adventure camps at state level. The Scouts and Guides have been enriched by his commendable contribution throughout these years.

 

 

'41'

PRODUCTION OF UREA AND OTHER FERTILIZERS BY PUBLIC SECTOR UNDERTAKINGS

    The Minister of Chemicals & Fertilizers, Shri Suresh Prabhu informed the Lok Sabha in a written reply today that there is a mixed trend of growth in terms of fertilizer products and there is a consistent increase in fertilizer production in public sector in terms of nutrients, as per the information given below:

( In Lakh Tonnes )

Year

Nitrogen

Phosphate

1996-97

27.34

6.23

1997-98

33.41

7.28

1998-99

33.53

7.70

    The Minister also gave product-wise target and production of fertilizers from 1996-97 to 1998-99 by Central Public Sector Undertakings as below:

(‘000 MT)

Product

1996-97

Target

1996-97

Production

1997-98

Target

1997-98

Production

1998-99

Target

1998-99

Production

Urea

5547.9

4729.9

5888.6

6006.7

6250.0

5861.5

A/S

304.8

325.1

340.0

289.7

282.4

299.0

CAN

418.5

277.5

406.5

270.6

361.4

314.2

DAP

573.0

421.2

736.0

786.6

660.0

757.3

SSP

318.0

278.3

370.0

317.5

308.0

157.7

Complexes

1490.0

1293.1

1451.0

1050.6

1410.0

1374.1

Total :

9240.7

7983.6

9842.1

9363.4

9921.8

9501.8

Legend:

A/S : Ammonium Sulphate

CAN : Calcium Ammonium Nitrate

DAP : Di- Ammonium Phosphate

SSP : Single Superphosphate

    The Minister also informed the House that the fertilizer industry has adopted the following strategies to increase production :

  1. Expansion/retrofitting/revamping of existing fertilizer plants;
  2. Overcoming the constraints in the availability of natural gas by setting up naphtha-based fertilizer plants and installing dual fuel/feedstock facilities in the existing plants and projects under implementation; and
  3. Setting up joint venture projects in countries having abundant and cheap raw material resources.

    Shri Prabhu also informed the Lok Sabha about incentives available for increasing production of urea in the country.

  1. Normally, no industrial licence is required for setting up a fertilizer plant.
  2. Nominal basic customs duty on import of capital goods for setting up of new plants/modernisation of existing units.
  3. Deemed export benefits to indigenous suppliers of capital goods to fertilizer projects, provided such supplies are made under the procedure of international competitive bidding.
  4. Nominal duty on import of fertilizer raw materials and intermediates.
  5. Reasonable return on investment to the entrepreneurs under the Retention Price-cum-Subsidy Scheme, at present applicable to urea.

 

'41'

GOVERNMENT APPROVES LPG DISTRIBUTORSHIP & RETAIL OUTLET ALLOTMENTS TO FAMILIES AFFECTED BY KARGIL WAR

    Shri Ram Naik Minister for Petroleum & Natural Gas has approved the allotment 116 Retail Outlets (RO) and LPG distributorships to the widows or the next kin of Defence personnel killed in defence operations in Kargil. These include 51 ROs and 65 LPG Distributorships.

    The allotment has been finalised under a scheme drawn up by the Petroleum Ministry in June, 1999 to allot a total number of 500 Retail Outlet dealerships/LPG distributorships to the widows/dependents of defence personnel killed in action. The details of the scheme were also submitted to the Prime Minister.

    The current allotments are being made directly by the Ministry of Petroleum & Natural Gas based on the recommendations of the Ministry of Defence. This methodology was devised to avoid procedural delay in providing relief to the widows/next of kins of the personnel of armed forces who have laid down their lives in the defence and security of the country.

 

'32'

CPWD WORKS BY CONTRACTORS

    Union Urban Development Minister, Shri Jagmohan today informed the Lok Sabha that most of the works of the CPWD has been carried out through the contractors. The Minister said that given the quantum of workforce required to execute a large number of works in different localities, it would not be effective to employ workers on a regular basis.

    The Minister further informed that contractors make jhuggies on the Government land for their labourers and stores in terms of the contract which remain there till completion of the works. After completion of the work, the contractors are required to remove the jhuggies. Since it was noticed that some of the contractors did not remove the jhuggies, instructions have been issued to ensure that the last bill of the contractor is not paid till the jhuggies put up during the construction work, are removed.

    This information was given by the Urban Development Minister in a written reply to a question by Shri Sheesh Ram Singh Ravi.

 

 

'31'

BALMUKUND SINGH - INTERNATIONAL YOGA CHAMPION FOR THE THIRD CONSECUTIVE YEAR

    Shri Balmukund Singh, Assistant Research Officer (Yoga) of the Morarji Desai National Institute of Yoga, New Delhi, an Autonomous Institution under the Department of Indian Systems of Medicines and Homoeopathy, has won the championship in the recently held International Yoga event at Buenos Aires, Argentina, conducted by International Yoga Sports Federation. He has won the prestigious Intercontinental Cup for the 3rd year in succession. He had won this event during the last two years.

    This has brought cheers to the Department of Indian Systems of Medicines and Homoeopathy which has been propagating yoga actively.

 

 

'31'

STATE HEALTH SYSTEMS DEVELOPMENT PROJECTS OF FIVE STATES WITH WORLD BANK ASSISTANCE ON THE ANVIL

    Union Minister of State for Health and Family Welfare, Shri N.T.Shanmugam has informed today in the Lok Sabha that proposals have been received from the States of Rajasthan, U.P., Assam, Tamil Nadu and Kerala, for implementation of State Health Systems Development Project with World Bank assistance. These projects aim at improving/ upgrading the secondary level health system.

    The Minister added that the project proposals of Rajasthan, Assam, Tamil Nadu and Kerala have already been appraised by the technical experts and the comments have already been forwarded to the concerned State Governments to review the project reports with the request to submit them afresh. In respect of U.P. the project proposal has been circulated to the scrutinising agencies for appraisal and their comments.

    Andhra Pradesh, West Bengal, Karnataka, Punjab, Orissa and Maharashtra have already being implementing these projects with World Bank assistance with a total outlay of Rs.3,420 crore.

 

 

'15'

RECOVERY OF ADVANCES MADE BY BANKS

    The number of employees in a bank directly affects operating costs, a voluntary retirement scheme is one option for reducing operating costs but it is not the only option.

    Non performing assets (NPAs) pertaining to the non-priority sector is only one of the factors affecting profitability of nationalised banks.

    There is no proposal under the consideration of the Government to publish the names of the defaulters. RBI/Government have been advising banks to take steps to recover the money. For this purpose the banks have laid down their loan policy, loan recovery policy, investment policy duly vetted by the Board of Directors. In order to improve recoveries in high value NPAs, settlement Advisory Committees headed by a retired judge have also been formed by eight Nationalized banks to scrutinize, evaluate and recommend compromise proposals to the appropriate authority for their consideration.

    This information was given by Minister of State for Finance, Shri Balasaheb Vikhe Patil in a written reply to a question by Shri E. Balanandan in Rajya Sabha today.

 

 

'15'

RBI GUIDELINES FOR IMPROVING CONDITIONS OF CURRENCY NOTES

    With a view to bring about improvement in cash handling at the branches of all the banks, Reserve Bank of India has issued a circular to all nationalised banks including State Bank of India and private sector banks advising them to do away with stapling of fresh bank note packets supplied by the Note Presses and re-issuable packets so as to enable the public at large to handle notes in a convenient manner, prevent water mark getting damaged etc. These instructions have been reiterated from time to time.

    The condition of currency notes deteriorates with time. However, soiled and damaged notes may be exchanged for new ones. Following action has been taken to facilitate exchange of soiled notes:-

  1. In January, 1999, RBI advised their Regional Offices to issue a Press Communique or as a paid advertisement (a text of which was sent to them) in all leading newspapers in English, Hindi and local languages, about the note-exchange facilities available with Public Sector Banks. These banks were also advised that they should keep a display board about the existence of such facilities, at a prominent place in their premises.
  2. With a view to retrieving the soiled notes of Re.1, Rs.2 and Rs.5 denominations from circulation, as their printing had been stopped from 1995 due to Government Policy of coinisation of these denominations, a special drive has been launched by the Reserve Bank of India. For greater dissemination of information regarding availability of this facility, an advertisement was issued in various newspapers on 10th February, 1999. This advertisement was released in leading newspapers and important national magazines on 7th March, 1999.
  3. In order to have a wider impact and increased awareness, one audio spot and one 60 second audio jingle on exchange of soiled notes were broadcast on All India Radio during April/May, 1999. Video spots of 15 second duration on exchange of soiled notes of Re.1, Rs.2 and Rs.5 denominations were also telecast in April/May, 1999.
  4.  

  5. In order to mop up the soiled notes of Re.1, Rs.2 and Rs.5 denominations from circulation, Regional Offices of RBI have opened separate counters for the exchange of notes. Regional Offices have also identified important currency chests for this purpose. After ensuring that adequate supplies are available in each of the denominations at these chests, they issued advertisements in the local newspapers and also used electronic media so that the facility was brought to the notice of the public. Some of public sector bank branches as also the Regional Offices of the RBI arranged mobile counters (vans) in City/Mandi/Market area etc. for distribution of coins in exchange of soiled notes.
  6. RBI has published in October, 1999, a booklet titled 'Your Guide to Money matters' which contains, inter-alia, information on facilities for exchange of soiled notes. This information is also available on RBI website; and
  7. Banks have been advised to sort out only very good quality notes for re-issuing to the public.

    This information was given by Minister of State for Finance, Shri Balasaheb Vikhe Patil in a written reply to a question by Shri Rama Shanker Kaushik in Rajya Sabha today.

 

 

'15'

BAILOUT PACKAGE FOR BANKS

    Government is not working on a bailout package of Rs. 1,500 crore for three public sector banks. It is to be mentioned that a working group constituted by the Reserve Bank of India (RBI) submitted a report to RBI recommending certain measures for rehabilitation of three week banks, namely Indian Bank, Uco Bank and United Bank of India.

    While the United Bank of India posted net profit in the last two years, the other two banks reported losses. In the case of Indian Bank, provisions for non-performing assets (NPAs) additional provisioning done on account of short provisioning done by the Bank for NPAs during the previous years, provisioning for investment on account of increase in the YTM (Yield to Maturity) and payment of arrears on account of wage revision were the significant reasons for the losses. In case of these banks, while a high level of non-performing assets have contributed to the losses, other reasons include, inter alia, high administrative and operational expenses, high cost of deposits, low productivity, large number of loss making branches and non-adoption of technological updating to the required extent.

    As advised by the Reserve Bank of India (RBI), all the commercial banks including the above three banks have laid down their new loan policy, loan recovery policy, investment policy and other policy documents duly vetted by the Board of Directors. Banks operate through branches, regional offices, zonal offices and head offices. Various functionaries are delegated powers for granting credit facility as per the loan policy. As a very large number of decisions are taken by the functionaries at various levels keeping in view the large number of branches spread throughout the country, the efforts put in the compilation of such information would not be commensurate with the result sought to be achieved. Further, as per the loan recovery policy, staff accountability is also looked into as and when the compromise proposals for settlement and write-off are considered. It may also be mentioned that accounts turn into loss assets for one or more of a number of reasons, not all of which are attributable to any deficiency on the part of the official sanctioning the loan. Moreover names of the borrowers generally cannot be disclosed keeping in view the secrecy provisions relating to banking transactions. However, list of borrower accounts against which banks and financial institutions have filed suit for recovery of funds of Rs. one crore and above indicating position as on 31.3.99 has been placed in the Parliament Library.

    This information was given by Minister of State for Finance, Shri Balasaheb Vikhe Patil in a written reply to a question by Shri K.R. Malkani in Rajya Sabha today.

 

 

'15'

SIMPLIFICATION OF PROCEDURE FOR FOREIGN CAPITAL INVESTMENT

    In furtherance of the ongoing liberalisation efforts, Government has taken initiatives to boost inflow of Foreign Direct Investment (FDI) like conveying decision on all FIPB proposals within 30 days, allowing 100% foreign equity in construction & maintenance of roads, highways, vehicular tunnels, ports & Harbour subject to certain minimum conditions. Prior approval of RBI for FDI proposals under the automatic as well as FIPB route have been dispensed with.

    Foreign Investment Implementation Authority has been constituted which oversees the implementation of FIPB approvals.

    Certain initiatives to attract portfolio investments from FIIs have recently been taken which include simplification in registration requirements of sub-accounts and permissions for tendering securities directly in terms of takeovers, for trading in derivative contracts and for hedging foreign exchange risk through purchase of forward cover on incremental equity investments. The 100% Debt Fund FIIs have been permitted to invest in unlisted debt securities in addition to listed debt securities.

    Certain policy initiatives have also been taken with a view to simplify procedure for NRI investment in mutual funds, extending screen-based automated trading overseas, revising portfolio investment ceiling for NRIs/PIOs/OCBs from 1% to 5% and 5% to 10% respectively, simplifying procedure for extension of validity for NRIs/PIOs/OCBs and introduction of one stage approval for all schemes following under RBI approval mechanism.

    Guidelines on Euro Issues have been relaxed permitting unlisted company for floating issues, removal of stipulation of validity period and permitting Information Technology Service companies to issue ADR/GDR linked stock option to their employees.

    Certain sectors like Arms and ammunition and allied items, Defence equipment, Atomic Energy, Real Estate, Housing, Agriculture and Plantation etc. are not open for Foreign Direct Investment.

    This information was given by Minister of State for Finance, Shri Balasaheb Vikhe Patil in a written reply to a question by Shri/s Kapil Sibal and Barjinder Singh Hamdard in Rajya Sabha today.

 

 

'24'

TELEPHONE FACILITIES AT ONE-FOURTH OF THE NORMAL RATES TO JAWANS IN KARGIL REINTRODUCED TILL MARCH NEXT YEAR

    The Department of Telecom Services (DTS) has decided to reintroduce the facility of STD calls at one-fourth of the normal rates to Jawans in Kargil area till 31st March 2000. The facility was available till 31st October 1999. The decision was taken by the Minister of Communications, Shri Ram Vilas Paswan after taking into account the importance of communication facilities between brave soldiers at the Front and their families. The reduced rate is applicable to calls made from PCOs operated by the armed forces on INMARSAT terminals as well as on landlines.

    The facility will also be available to the PCOs operated by para-military forces and in short distance charging areas (SDCA) of Leh and Nobra besides the areas covered by Kargil SDCA. ISD calls made to Nepal from these PCOs will also be covered in this concession. The facility will not be available to the calls made from private PCOs.

 

 

NAJMA HEPTULLAH GIVEN CABINET STATUS

    Dr. (Smt.) Najma Heptullah, Deputy Chairman, Rajya Sabha, has been unanimously elected as the Chairperson of Inter Parliamentary Union (IPU), based at Geneva.

    It has been decided, with the approval of the Prime Minister, to accord the status of a Cabinet Minister to Dr. (Smt.) Najma Heptullah in her capacity as the Chairperson of the Inter Parliamentary Union.

 

 

LISTING OF LAMBADI COMMUNITY AS SCHEDULED TRIBE IN TAMIL NADU

    The Union Minister of Tribal Affairs, Shri Jual Oram, has informed Lok Sabha today that Lambadi community has not been specified as Scheduled Tribe in relation to the State of Karnataka rather it has been included in the list of Scheduled Castes. The proposal to include Lambadi community in the list of Scheduled Tribes of Tamil Nadu is under examination. Lambadi community has been declared as Other Backward Class in Tamil Nadu, as it answers the criteria of a Backward Class community. The matter is being examined as per modalities approved by the Government of India on 15.06.1999.

    This information was given by the Minister in reply to question from the Hon’ble Member, Shri P.D. Elangovan in the Lok Sabha today.

 

 

WELFARE SCHEMES UNDERTAKEN FOR STs IN SCHEDULED AREAS OF ASSAM

    The Union Minister for Tribal Affairs, Shri Jual Oram, has informed Lok Sabha today that schemes relating to socio-economic and educational development of Scheduled Tribes have been undertaken in the State of Assam including Sixth Scheduled Areas by Tribal Affairs Ministry through various Centrally Sponsored/Central Sector Schemes. These schemes are Grants under Article 275 (1) of the Constitution, Special Central Assistance to Tribal Sub-Plan Areas, Boys’ Hostels for Scheduled Tribes, Girls’ Hostels for Scheduled Tribes, Establishment of Ashram Schools in Tribal Sub-Plan Areas, Vocational Training in Tribal Sub-Plan Areas. Financial Assistance is given on the basis of the proposals received from the State Government.

    This information was given by the Minister in reply to a question from the Hon’ble Member, Dr. Jayant Rongpi in the Lok Sabha today.

 

 

'25'

FOREIGN INVESTMENT IN ROAD AND PORT SECTORS

    The Government have announced further concessions to attract foreign capital for the construction of roads and ports in the country. Automatic approval of Foreign Direct Investment (FDI) has been increased from 74% to 100% for the road sector and upto Rs. 1500 crores for the port sector projects.

    This was disclosed by the Minister of State for Surface Transport, Dr. Debendra Pradhan, in a reply to a question from Shri Raj Mohinder Singh and Shri Balwant Singh Ramoowalia in the Rajya Sabha today.

    20 private sector road projects have been awarded on BOT basis. 12 private sector/ captive port projects worth Rs. 3726 crores were approved by the Government. These include container terminal and a liquid cargo berth at the Jawahar Lal Nehru Port Trust, five oil jetties at Kandla Port, multipurpose berths at Murmugao, captive coal berth to SPIC Electric Corporation at Tuticorin, captive berth to Oswal Fertilisers Ltd. at Paradip and development and operation of Container Terminal at Kandla.

    The Minister informed the House that a project for captive coal and general cargo berth at Pir Pau, Mumbai promoted by Tata Electric Company, is presently awaiting approval of his Ministry.

    Bids are to be invited for 5 projects aimed at expanding the capacity of ports by 6 million tonnes. Worth Rs. 550 crores, these projects include multi-purpose berths for captive users in Vizag port, second liquid chemical berth at Mumbai, barge handling facilities, truck parking complex and a berth to APEDA at Kandla Port.

 

 

'25'

CROSS COUNTRY HIGHWAY PROJECT NOT ON BACKBURNER

RS. 68.68 CRORE FOR DEVELOPMENT OF NATIONAL HIGHWAYS IN NORTH-EAST

    The Government has denied that there is any proposal to concentrate on the Golden Quadrilateral project while putting the cross-country Highway project on the backburner.

    This was disclosed by the Minister of State for Surface Transport, Dr. Debendra Pradhan in a reply to a question from Shri J. Chitharanjan and Shri Gurudas Das Gupta in Rajya Sabha today. The Minister informed the House that the National Highway Development Project comprising of the Golden Quadrilateral and the East-West and North-South Corridors is scheduled for completion in 2010 at an estimated cost of Rs. 54,000 crores. The project is proposed to be financed from the budgetary grants, private participation, money raised by the National Highways authority of India (NHAI) from the market and the funds made available from the cess being levied on petrol and diesel. While Government is giving high priority to the construction of Golden Quadrilateral, work on other National Highways is also being attended to on war footing. An amount of Rs. 880.41 crores has been earmarked for the development of the National Highways, other than those falling on the Golden Quadrilateral.

    In a reply to a separate question from Shri Jalaludin Ansari and Shri Gaya Singh, the Surface Transport Minister, Shri Rajnath Singh informed that 16 contracts have so far been awarded for the upgradation of 220 Kms of National Highways at an estimated cost of Rs. 670 crores. In a reply to a question from Shri Kapil Sibal and Shri Raj Mohinder Singh, Shri Rajnath Singh stated that a special maintenance programme has been launched during the current fiscal year to improve road condition in 8000 kms. of National Highways. Work has started on four-laning on the Golden Quadrilateral and North-South and East-West Corridors, which will be completed in 10 years' time by the National Highways Authority of India.

    In a reply to a question from Shri Premchand Gupta, the Minister of State for Surface Transport, Dr. Debendra Pradhan informed the Rajya Sabha that the National Highway Development Programme mainly involves expansion/upgradation of existing National Highways. In a written reply to a question from Smt. Basanti Sarma, Dr. Debendra Pradhan stated that 235 estimates amounting to Rs. 408.55 crores have been sanctioned for improvement of National Highways in the country during the current fiscal year. Of these, 68 estimates worth Rs. 68.68 crores have been sanctioned for the North-eastern region.