NATIONWIDE june 11 june 12 Fresh cases 91,702 84,332 Recoveries Deaths 1,34,580 3,403 1,21,311 4,002 June 11 30,32,675 doses June 12 31,67,961 doses Total doses: 25,28,78,702 Jab-o-meter Take your shot tamil nadu june 11 june 12 Fresh cases Czech Republic’s Barbora Krejcikova celebrates after winning the French Open women’s title on Saturday | AFP vijayawada l sunday l june 13, 2021 l `12.00 l PAGES 24 l late city EDITION two greats parry in paris, set, match & every point DJOKOVIC ‘climbs mount Everest’ World No 1 Novak Djokovic beats Rafael Nadal 3-6, 6-3, 7-6, 6-2 in one of the most exquisite semi-finals at French Open ■ 15,108 29,243 378 27,463 374 18 New czech-in: women’s champ barbora Nadal did lead the first set but by the time it was done, the Serb had got a solid opening into Friday’s match. Forget who you support, the 90-minute third set is reserved for eternity where two of the sport’s greatest pushed each other to their limits. Djokovic’s words aptly describes the match, “You have to kind of climb Mt Everest to win against this guy,” he later said 15,759 Recoveries Deaths ■ ■ Barbora Krejcikova wins maiden Grand Slam title at French Open beating Russia’s Anastasia Pavlyuchenkova 6-1, 2-6, 6-4 The World No 33 becomes the first woman from Czech Republic to win a Grand Slam title in 40 years MEN’S FINAL: Djokovic vs Tsitsipas at 6.30pm (SUNDAY) | p11 number of grand slam titles djokovic has won 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 No tax on black fungus medicine; levy on several Covid essentials slashed; vaccine to be continued to be taxed at 5%; new rates applicable till Sept 30 GST Council offers Covid relief An u r a d h a S h u k l a @ New Delhi The GST Council on Saturday decided to maintain status quo on tax on Covid-19 vaccines, which will continue to be taxed at 5%. However, the Council, which met via video-conferencing to discuss the recommendation by the Group of Ministers (GoM) on essential Covid supplies, slashed rates on medical grade oxygen, Covid testing kits, hand sanitiser and other items used in Covid-19 relief and management till September 30. “Five per cent GST on vaccines continues. The Centre will buy 75% of vaccines as announced earlier and will also pay its GST. However, 70% of income from GST will be shared with states,” Finance Minister Nirmala Sith- araman told media after the GST Council meet. The FM explained that the existing 5% GST on vaccines will not be a burden on users as the Centre is paying for 75% of the vaccines which are given to citizens free of cost. However, those who go to private hospitals for vaccination will have to bear the cost of GST. The Council also removed the 5% tax on black fungus medicine Amphotericin B. Also, the rate on Covid drug Remdesivir has been lowered from 12% to 5%. The Council said more medicine will be added if it is recomm e n d e d by t h e h e a l t h department. Sitharaman added that the tax cuts are valid till September 30 this year as against August-end recommended by the GoM. The timeline may poll alliance From 5% to 0% Tocilizumab Amphotericin B From 12% to 5% Anti-coagulants like Heparin Remdesivir Medical grade oxygen Oxygen concentrator Ventilator, ventilator mask / helmet BiPAP machine High flow nasal canula device Covid testing kits Pulse oximeters From 18% to 5% Hand sanitizer Temperature check equipment Gas/ Electric/other furnaces for crematorium From 28% to 12% Ambulances TTD opens six more room reservation counters SAD eyes revival, BSP foothold with Punjab pact E x p r e s s N e w s Se r v i c e @ Tirumala The Tirumala Tirupati Devasthanams (TTD) has opened six more registration counters to provide accommodation to devotees. TTD Additional Executive Officer AV Dharma Reddy inaugurated the new counters on Saturday. After taking part in the puja performed on the occasion, Dharma Reddy said all arrangements at all the six locations were completed for registration of devotees’ names for provi- H a r p r ee t B a j w a @ Chandigarh The Shiromani Akali Dal (SAD) and Bahujan Samaj Party (BSP) on Thursday announced that they would contest the 2022 Punjab Assembly election as allies. The alliance comes at a crucial time for both the parties, with the SAD seeking to regain lost ground amid backlash over sacrilege case and its initial support to the Centre’s agri laws, and the BSP attempting to stay relevant on the national scene at a time it is facing existential crisis in its traditional stronghold, Uttar Pradesh, which also goes to the polls next year. The announcement was made jointly by SAD president Sukhbir Singh Badal and BSP national general secretary S C Mishra, with the former calling it a ‘historic day’ in Punjab politics. Badal said the BSP will get 20 seats scattered across Malwa, Magha and Doaba regions, while SAD will contest from 97 in a house of 117. While announcing the decision, Mishra called upon the Dalits to support the alliance. At 28.9%, Punjab has the highest proportion of Dalit population, the traditional vote base of BSP in the coun, try. Through this tie-up, the BSP seeks an encore of the 2019 Lok Sabha poll results, when its vote share rose to 3.49% from 1.9% of the 2014 election. After the announcement, Mishra called on former five-time chief minister Parkash Singh Badal, who invited BSP chief Mayawati to contest from Punjab. be extended, if required. However, the Council decided against cutting tax on RT-PCR machines, RNA extraction machines, and genome sequencing machines. These items currently attract 18% GST. In the last GST Council meeting the finance minister announced a GoM headed by Meghalaya Deputy Chief Minister Conrad Sangma to examine whether any GST concessions or exemptions should be given on Covid-relief items. The GoM gave its recommendations on Tuesday and after that a single agenda meeting was called. However, finance ministers from states ruled by the Congress party expressed disapproval on not providing zerorate on Covid relief items and they walked out before the meeting concluded. RATES CUT sion of accommodation and allotment of rooms. After SMS confirmation, devotees can go to sub- enquiry offices for payment of tariff and collection of room keys, the Additional EO said. He appealed to devotees to take note of the new facilities developed for their convenience. Apart from the CRO, the new counters have become operational at GNC tollgate (near luggage centre), Balaji bus station, Kausthubham and Ram Bagicha rest houses and MBC. Plan to expedite rehab of Polavaram Project Displaced Families J aya n t h P @ Vijayawada The State government has chalked out an elaborate plan to expedite the rehabilitation of project displaced families (PDFs) of first phase (+41.15 contour) of Polavaram Irrigation Project (PIP) in the next two-three months. Accordingly, departments executing the rehabilitation and resettlement (R&R) colonies’ works have been told to complete them by the PDFs’ end of July. shifting Officials have planned to shift 24 habitations with 1,999 PDFs in June, 31 habitations with 5,226 PDFs in July and 30 habitations with 9,069 PDFs in August, as per the presentation made to the Union MinJune istry of Jal Shakti. “More workforce is being brought in and more machinery is being deployed to expedite the works. We have prepared a month-wise plan to complete the first July phase of rehabilitation by August. Efforts are being made to complete the R&R colonies by the end of next month,” a senior official explained. According to official sources, 5,000 PDFs are ready to be moved August currently and the number is set to increase once the financial and compensation obligations are met by the government. The officials have also proposed to provide temporary rehabilitation to some PDFs in case the works, which are affected by Covid-19, are further delayed. As the flood levels begin to rise in Godavari in July , the Union Ministry is learnt to have expressed concern over stretching the rehabilitation until August as some villages may face submergence in case of heavy floods like last year, which witnessed a peak of 23 lakh cusecs. However, the officials assured that steps are being taken to avoid any submergence. 1,999 5,226 9,069 EXPRES READ 34K kids rescued under Op Muskaan Vijayawada: The Andhra Pradesh police have rescued 34,037 children, including child labourers, abandoned kids and street children, under its flagship initiative Operation Muskaan. The Police Department has conducted four week-long drives of Operation Muskaan in 2020 and 2021 I P4 iNDIAN banks wrote off loans worth `1.53 lakh crore in 2020-21 to show low non-performing assets (NPAs) in their books, an analysis of the numbers released by individual banks show. This is the second-highest amount being written off in a single financial year in the past decade. The highest write-off was in 2018-19 at `2.54 lakh crore. What is worrisome is that loans that have remained bad for years have been erased from the balance sheet of banks at the stroke of a pen. Corporate houses are among the biggest defaulters. Write-offs were high during Q4 of FY21 comprising 55.65% of total NPA written off in the year. Banks were sitting on `1.2-1.4 lakh crore worth unrecognised bad loans as of December 2020, which were identified after the Supreme Court lifted the ban on NPA classification. Yes Bank saw the sharpest surge in write-offs at `17,208 crore in FY21, followed by PNB (`15,877 crore), Bank of Baroda (`14,878 crore), Axis Bank (`13,906 crore), ICICI Bank (`9,608 crore), and Central Bank (`5,992 crore). SBI wrote off `34,403 crore worth of bad loans in FY21, though it was lower than the previous year’s `52,387 crore. Meanwhile, Punjab & Sind Bank managed to reduce write-offs by an impres- Close Encounters of Many Kinds PLUS 12 PAGES inflows into Srisailam With good rains in the upstream catchment areas, the Srisailam reservoir in Kurnool got its first inflows much earlier this year At present, the Srisailam reservoir is getting 21,241 cusecs of water from both Tungabhadra and Krishna rivers as inflows 2018-19 2019-20 There is 34.8300 TMC ft of water in the dam against the total capacity of 215.8070 TMC and water level has reached 810.09 ft 2020-21 K1.44 K2.54 K1.45 K1.53 lakh crore lakh crore lakh crore lakh crore major Write-offs in FY21 State Bank of India ICICI Bank Yes Bank Punjab National Bank Axis Bank Bank of Baroda Central Bank of India UCO Bank `34,403 crore `9,608 crore `17,208 crore `15,877 crore `13,906 crore `14,878 crore `5,992 crore `9,411 crore sive 96% to `70.51 crore in FY21 from `1,781 crore a year ago. Explaining the trend, Care Ratings’ chief economist Madan Sabnavis said gross NPAs shot up 43.7% from `7.1 lakh crore in March 2017 to `10.2 lakh crore in March 2018. After FY18, the NPAs witnessed moderation and reached `8.9 lakh crore by March 2020 driven by write-offs and lower slippages. Over the last couple of years, public sector banks registered substantial contraction in their gross NPAs and they are expected to be around `6 lakh crore by March 2021 compared with `6.8 lakh crore in March 2020. aid to covid-hit Small entrepreneur shows his big heart S r een u B a b u Pat i v a d a @ Srikakulam At a time when people are confined to their homes owing to partial curfew, Sura Srinivasa Rao, a social worker and a small entrepreneur from Kusalapuram village in Etcherla mandal, is busy supplying food and essentials to the needy in and around Srikakulam. He has been distributing 800 food packets and 400 essential kits a day free of cost to Covid patients, victims’ family members, beggars, orphans, daily wage labour- Out of the total, 4,311 cusecs of water is from Sunkesula through Tungabhadra and 16,930 cusecs from Jurala through Krishna river Write-offs in the past 4 yrs 2017-18 Sura Srinivasa Rao distributes food and grocery kits to Covid hit families in Srikakulam I Express Vijayawada: After observing 2020-21 as the Year of Coconut, the Department of Horticulture has named 2021-22 as the Year of Citrus. A committee of experts from YSR Horticultural University has come up with an action plan to promote cultivation of citrus fruits in the State in a big way during the year. WITH THIS ISSUE Banks write off `1.53 lakh crore bad loans in FY21 to look good Sesa Sen @ New Delhi 2021-22 named Year of Citrus ers and employees who have been rendered jobless due to lockdown. Born and brought up in a poor family Srinivasa Rao owns a plywood in, dustry He has been spending a major . part of his earnings on charity Dur. ing the second wave, when he went to RIMS Hospital to meet his friend Ananda Rao, who was down with Covid, he observed the problems of patients. He shared what he saw with his wife Saritha Rani and they together decided to support Covid paP5 tients in their own way . COVID TRACKER 2,03,48,106 18,03,074 Total samples tested Total cases 16,99,775 91,417 11,882 Total recoveries Active cases Total deaths New cocktail drug Visakhapatnam: Casirivimab and Imdevimab cocktail drug has got approval from CDSCO for restricted emergency use to treat mild to moderate Covid cases. AMC Principal Dr PV Sudhakar said, “In a clinical trial, the infusion of drug has reduced the risk of hospitalisation and death by 70%, provided it is given within the first 5-6 days of the onset of symptoms.” statewide june 11 june 12 Fresh cases 8,239 6,952 Recoveries 11,135 11,577 Deaths 61 58 Samples tested 1,01,863 1,08,616 Open inquiry held against 23 ‘errant’ Prakasam cops E x p r e s s N e w s Se r v i c e @Ongole In a disciplinary initiative, Prakasam district police has conducted a fair inquiry into allegations against some of its personnel. ‘Oral Inquiry Fair’ was conducted by Additional SP (Admin) B Ravi Chandra at the Police Function Hall in the city on Saturday . It was held against 23 cops against whom certain allegations were made. The aggrieved and witnesses were questioned and their statements recorded during the probe. Some police personnel, who earlier worked in Prakasam and now transferred to other districts, were questioned through video link. “Everyone is equal before the law. The officers should act impartially during the probe. All the police personnel, including officers and field level staff, should be sincere and discharge their duties efficiently,” said SP Siddharth Kaushal. The fair was conducted on the directions of the SP and those inquiries which were pending with the sub-divisional police officers and Circle Inspectors were taken up. Proceedings were held against head constable SK Khajavali of Santhamaguluru. Inquiry officer and Kandukur Circle Inspector V Sriram interacted with Sheik Nafeez Basha, who worked as SI of Santhamaguluru police station earlier and now shifted to Guntur CID, P5 through a video link. Covid deals big blow to tourism industry G J a n a r d h a n a R a o @Visakhapatnam The two waves of Covid-19 has severely affected the travel and tourism industry, the largest revenue and employment generator, which contributes to 10 per cent of GDP As . many as 6,000 employees are facing a bleak future now with 50 per cent of travel agents winding up their business and 90 per cent of the remaining facing closure by the year end due to unprecedented meltdown in the industry which witnessed 83 , per cent negative growth. In the last 17 months, the industry lost `25 crore per month with a total loss of `425 crore in the State. At least 25 per cent of agents were directly affected as they might have either fallen sick or died due to Covid, according to Tours and Travel Association of Andhra (TTAA) president Vijaya Mohan. Speaking to TNIE, he said the industry which was gasping for breath , and hoped for a recovery in early 2021 after there was some respite since October last. However, the hopes were dashed as the virus which was more virulent now, brought the industry to a halt. P5 INS Kursura Submarine Museum in Vizag remains closed due to Covid I Express
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