CHENNAI FRIDAY SEPTEMBER 20, 2019 `5.00 PAGES 52 LATE CITY EDITION CHINA MEGA-AIRPORT BUILT IN UNDER 5 YRS, SET TO OPEN The first commercial flight will take off from Beijing’s Daxing International Airport today, 10 days ahead of schedule BEIJING’S CAPITAL IS 2ND BUSIEST IN WORLD ‘STARFISH’ TO HANDLE 72 MN BY 2025 Beijing’s existing Capital International Airport, the world’s second busiest, is at full capacity, hitting 100 mn passengers in 2018. Anticipating this, a second airport was sought to be constructed there ahead of Oct 1, 2019, the 70th anniversary of the communist dictatorship’s founding. Work began in Dec 2014, with 40,000 workers on the site at one point of time ■ ■ Nicknamed the ‘Starfish’ for its shape, Daxing was designed to minimise distance between security checkpoints and the remotest gates to 600 metres, or around 8 minutes by walk A train station is located directly beneath the terminal. Since the trains run at 250 kmph, Daxing had to be quake-proofed 1.4 mn sq m AREA OF DAXING, WORLD’S LARGEST SINGLE-TERMINAL AIRPORT CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Stolen items tied to vital ship control Blast from the past Inflation is much below 4% and is expected to be so in the next 12 months... There’s room for (more) rate cuts, especially when growth has slowed down In the 1980s, banks gave away loans in large numbers under orders from the govt to individual borrowers without collaterals. The socialist experiment saw bulk of the loans turning bad Shaktikanta Das, RBI guv India’s GDP weak: OECD India’s GDP growth has been surprisingly weak in recent quarters, with consumer spending having slowed and tight financial conditions restraining investment, the OECD said in its latest report LOAN MELAS BACK Theft of hardware could be more damaging to India than thought Banks to meet customers halfway, 400 public meetings planned before Diwali P R A M D A S @ Kochi E X P R E S S N E W S S E R V I C E @ New Delhi THE theft in the under-construction indigenous aircraft carrier INS Vikrant at Cochin Shipyard here could be far more damaging to the Indian defence system than initially thought. While an espionage angle is being seriously pursued in the probe, it has now been revealed that the missing hardware belonged to the crucial control system of the vessel. Top officers said a computer (console), 10 hard disks, three CPUs and processors went missing from Vikrant between August 29 and September 12. What it means is that the theft may have gone unnoticed for almost two weeks — enough time for whoever stole the items to smugEXPRESS gle them to their EXCLUSIVE intended destination. Due to the seriousness of the incident, central agencies, including the naval and central intelligence wings, have started their own probes. The theft was noticed when the Integrated Platform Management System (IPMS), a sophisticated control system solution for naval vessels, was activated. “When the IPMS was switched on, the system did not respond. An inspection revealed that some crucial components were missing,” the complaint filed by the DGM (IAC), Cochin Shipyard, said. TNIE is in possession of a copy of the complaint. In all, nine computers contain information about the aircraft carrier, which is under construction at the shipyard. Of them, hard disks and CPUs were found missing from three computers. Besides, RAM (Random Access Memory), two each from the three computers, and three processors have also gone missing. The estimated cost of the missing electronic digital devices has been pegged at `2.10 lakh, according to shipyard authorities. The complaint regarding the theft was filed on September 13. Onam holidays were cited as a reason for the delay in filing the complaint. CONTINUED ON: P8 ON a day the RBI chief hinted at further steps to arrest the slowdown, Finance Minister Nirmala Sitharaman unveiled a scheme reminiscent of the loan melas of the 1980s to jumpstart the economy before the festival season. PSU banks along with NBFCs will hold ‘Shamiana meetings’ in 400 districts to give away loans to retail, housing, agriculture and MSME sectors from next week, she said on Thursday . The shamiana meetings will be held in two tranches over the next month. The idea is to ensure “maximum credit disbursal during the festive season”, she added. Diwali, which falls in October, is considered to be the biggest shopping season in most parts of the country . Hinting that those seeking credit will not be disappointed, she said, “Don’t want banks to only recycle loans with existing customers. Banks will be encouraged to include new retail customers for lending.” Banks have also been asked not to declare any stressed MSME loan as NPA till March 31, 2020. Earlier in the day RBI governor Shaktikanta , Das advised the government to front-load its spending, warning there is little fiscal space for counter-cyclical measures to boost growth. Low direct tax mop-up another big pain point HOW FM PLANS TO PUT MONEY IN YOUR POCKETS Banks told to give away loans before festive season No NPA tag for MSMEs till March 2020 Banks to hold loan melas in 200 districts from October 3 to 7; 200 more districts to be covered October 11 onwards V I G N E S H V @ Sivaganga LITERATE FARMERS WITH A ROMAN CONNECTION? Most people of the era were literate, shows inscriptions on potsherds, which seem to have been made by the owners and not the potters After water shortage, heavy rains make a return with memories of previous floods. A scene from Egmore subway | R SATISH BABU MAN MISSING PHC doc plays hide & seek with patients N I R U PA M A V I S W A N AT H A N @ Chennai BEYOND the walls of what looks like an untroubled island within Tamil Nadu Slum Clearance Board premises at Perumbakkam where a Primary Health Care centre is situated, all seems to be not well. The only doctor on duty comes in at 9 am, but does not stay past 11 am on most days, lament local residents. The doctor is mandated to stay in the Centre till 4pm, they point out. But, it does not happen. Express visited the Centre twice, in a gap of three weeks. Both times, it was the single nurse on duty who doubled up as the doctor. There is just this nurse and a compounder in this PHC that is supposed to cater to a population of 13,000 families, most of them who have been evicted from central areas of the city and resttled in TNSCB tenements here. Express visited the centre along with a resident who was suffering from toothache. She was given 2 tablets by the staff nurse, and asked to drink plenty of water. Till recently the sanitary worker was writ, P3 ing the prescriptions, alleged the residents. WITH THIS ISSUE CHENNAI’S BEST WEEKEND GUIDE 52 PAGES, INCLUDING 32 OF INDULGE (TABLOID) ALARMED by the dismal growth in direct tax revenues, the government may tweak the way it collects taxes in a bid to raise more money . Data for the April-August period show 4.7% expansion in direct tax mop-up, which is way below the full-year growth target of 17.5%. Total direct tax collection was `5.5 lakh crore till September 17, against `5.25 lakh crore collected during April-September last year. Officials said that till now, they were looking at ways to boost mop-up without coercive steps. More so after businessmen started complaining of “tax terrorism” after the suicide of a Bengaluru-based entrepreneur recently . “Collections are below expectations. There is a drop in both corporate and income tax. This is a matter of concern and we will rework our strategy to improve tax collection. The department is likely to meet in the last week of this month on the issue,” a senior CBDT official told this paper. EXPRESS READ Air Marshal Bhadauria to be next IAF chief Google sets up AI research lab in B’luru Air Marshal RKS Bhadauria, currently the Vice Chief of the Indian Air Force, will be the next Chief of Air Staff after the current incumbent BS Dhanoa retires on September 30 | P11 Google on Thursday said it is setting up an Artificial Intelligence (AI) research lab in Bengaluru. Renowned scientist and IIIT-B professor Manish Gupta will serve as the project head | P8 EPS FORMS SPL PANEL TO CLEAR FDI A high-powered panel formed for expeditious investment facilitation and clearance of MoUs signed by the CM during his foreign tour | P5 Sangam era much older than thought One of the excavation sites at Keezhadi | EXPRESS WATER SCARE-CITY E X P R E S S N E W S S E R V I C E @ New Delhi Roman pottery found in the region could have come through the port in Alangankulam; Romans could have visited the region, says the study report Faunal analysis says the people here mainly dependend on agriculture and cattle rearing; they could have consumed wild boar and goat meat THE Sangam era could be around 300 years older than what was initially estimated. A report released on Thursday by the archeology department, based on the fourth phase of excavations in Keezhadi, shows urbanisation happened in the Vaigai plains around the same time as in the Gangetic plains. Advanced Accelerator Mass Spectrometry (AMS) dating has proved that cultural deposits found at Keezhadi could be dated between 6th century BCE and 1st Century CE. While earlier evidence estimated the Sangam era to have begun in 3rd century BCE, current results suggest it could be 300 years older pearance of Indus script and the — around 6th century BCE. emergence of Brahmi script is As a consequence, the recent called graffiti marks. These marks findings have pushed back the ori- evolved or transformed from Indus gin of Tamil-Brahmi script by an- script and served as a precursor for other century — to 6th century the emergence of the Brahmi BCE. The report has also script. Therefore, these made observations marks cannot be set about the graffiti inaside as mere scratchscribed on potsherds es.” A total of 1,001 MADURAI recovered from the graffiti sherds were excavation sites. r e c ove r e d f r o m “...Indus scripts Keezhadi. Tirupparankundram are considered to Apart from grafbe the earliest one, fiti marks, Tamil about 4,500 years Brahmi letters were KEEZHADI old,” says the report. found engraved on “One script that surthe shoulder portions P4 vived between the disapof earthen vessels.
Express Publications (Madurai) Limited publishes the prestigious English language newspaper The New Indian Express from 21 centres in Tamil Nadu, Karnataka, Andhra Pradesh, Kerala and Orissa.
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20092019 of The New Indian Express-Chennai
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