US president Joe Biden, Australian PM Scott Morrison and British PM Boris Johnson discuss AUKUS during a virtual meet on Wednesday | AP kochi l friday l September 17, 2021 l `7.00 l PAGES 16 l late city EDITION Australia-UK-US trilateral to counter China threat The alliance will help Australia acquire nuclear-powered submarines to counter China’s growing power in the region New Balance of power in indo-pacific Technology sharing high on agenda US President Joe Biden, UK Prime Minister Boris Johnson and his Australian counterpart Scott Morrison in a joint statement said the Australia-UK-US alliance, known as AUKUS, will promote stability in the Indo-Pacific region. Biden said the three countries will update and enhance their shared ability to take on the threats of the 21st century ■ ■ Under AUKUS, the three nations have agreed to enhance joint capabilities and technology sharing, integration of security and defence-related science, industrial bases and supply chains The announcement comes a week before a meeting of Quad leaders to be held in Washington on September 24 | P9 CHINA Reacted sharply to the news, saying it will aggravate arms race 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 Team Rupani blanked out in Patel ministry Of the 24 sworn in, 21 debuted as ministers have devoted their lives to public service and spreading our Gujarat perhaps got its most party’s development agenda.” inexperienced ministry ever on BJP general secretary inThursday with as many as 21 of charge of Gujarat Bhupendra the 24 who took oath of office Yadav said a combination of and secrecy as ministers being factors went into deciding the first-timers. That the ministry new team. “We wanted to inis being led by another first- clude fresh, young and experitimer lawmaker Bhupendra Pa- enced faces. They may not have tel indicates that the real power ministerial experience but they centre has shifted to Delhi. got enough administrative Not one representative exposure. The outgoing of the outgoing Rupani ministers have loads of government figured in experience; their talthe new ministry, obents will be used to exliquely echoing the Oppand the party’s base,” position’s charges of Yadav said. incompetence. ApplyAs expected, Patiing the no-repeat yarddars and OBCs found Surprise stick to form the new phone calls the biggest represengovernment is fraught tation in the ministry . Like the CM with challenges of reThe new team has sevhimself, most of bellion, but the BJP en Patidar ministers, the ministers appears confident of including the CM. containing it, smug as were surprised to Four of them are from get a phone call it is in the understandSaurashtra, where the from state BJP ing that they owe their BJP did badly in the unit chief C R position as lawmakers last elections. It also to Prime Minister Patil asking them has two Brahmins, to attend the Narendra Modi’s votetwo Kshatriyas, two swearing-in catching ability . SCs and four STs. ceremony The first stirrings Modi is known for of resentment came bold decisions and pofrom Mansukh Vasava, BJP’s litical innovations, said a vetLok Sabha member from eran Gujarat journalist. “In Baruch. “Baruch district has 2005, after taking charge as GuBJP MLAs but no representa- jarat CM, Modi refused to retion in the new ministry There peat any incumbent in the local . is unrest among party workers; body elections. He fielded new it will have consequences,” faces and that gamble paid off. Vasava warned. Ever since, such experiments Cong ratulating the new are carried out in Gujarat first team, Modi said, “These are and replicated elsewhere later,” P8 outstanding karyakartas who he said. S u d h i r S u r ya w a n s h i express read Kunhalikutty quizzed in money laundering case Bribery case: CB questions Surendran Kochi: The Enforcement Directorate (ED) on Thursday questioned Muslim League national secretary P K Kunhalikutty in the money laundering incident involving party’s ‘Chandrika’ daily. He appeared at ED office here around 4pm. P4 Kasaragod: The district Crime Branch questioned BJP state president K Surendran for one hour and 15 minutes in a case pertaining to the alleged bribing and threatening of his rival K Sundara to withdraw from the Manjeshwar assembly election. P4 crackdown `30,600 CRORE SOVEREIGN GUARANTEE FOR BAD BANK E x p r e ss N e ws Se r v i c e @ New Delhi THE Union Cabinet on Thursday approved `30,600 crore government guarantee for the National Asset Reconstruction Co Ltd (NARCL) to acquire stressed loans, setting the wheels in motion for the muchawaited bad bank. Government guarantee will be valid for five years, said Finance Minister Nirmala Sitharaman. NARCL’s mandate is to take over bad loans from public sector banks and ensure professional management of such stressed debt. The bad Mathews Mar Severios to be new head of Orthodox Church E x p r e s s N e w s Se r v i c e @Kottayam The synod of the Malankara Or thodox Syrian Church (MOSC) has decided to nominate Dr Mathews Mar Severios as the Catholicos of the East and the supreme head of the Church. He will succeed Baselios Mar Thomas Paulose II, who passed away in July this y e a r. M a r Severios is presently the metropolitan of Kandanad Mathews Mar Severios West diocese. He is also the former secretary of the episcopal synod. The synod held at the Church headquarters at Devalokam near Kottayam unanimously decided to recommend the name of Mar Severios to the upcoming meeting of the Malankara Association, an apex body comprising priests and laity representatives from all parishes under MOSC, which is slated to be held at Parumala on Octo● More on P4 ber 14. bank will pay up to 15% of the agreed valuation of the nonperforming assets in cash and will issue security receipts with sovereign guarantee for the remaining part. Security receipts are instruments issued by asset reconstruction firms as consideration for their purchase of distressed assets from banks. NARCL is free to invoke the government guarantee to meet the shortfall between the face value of the security receipt and the actual realisation upon resolution or liquidation. Sixteen banks, including private lenders and NBFCs, will be part of NARCL initially with 51% stake. They will put in `6,000 crore to recover NPAs worth `90,000 crore in the the first phase. So far, banks have identified stressed loans worth `2 lakh crore to be transferred to NARCL. Assets worth `1.1 lakh crore with lower provisions would be transferred to the bad bank in the second phase. “We are also setting up an India Debt Resolution Company Ltd to manage the nonperforming assets. In this company public sector banks , and state-owned financial institutions will own 49% stake.” Sitharaman said. However, it will be a while ED raids activist Harsh Mander’s premises For security receipts to have their value intact, the government has to give backstop arrangement. Hence, the government guarantee of K30,600 crore Nirmala Sitharaman, Finance Minister before the bad bank can start out as it is yet to get RBI licence to begin asset reconstruction operations. The Indian Banks’ Association had moved an application before RBI last month for the licence. The process is on and “should happen sooner than later,” Sitharaman said. Writings of Golwalkar, Savarkar to be dropped from 3rd sem syllabus E x p r e s s N e w s Se r v i c e @Kannur Kannur University ViceChancellor Gopinath Raveendran has clarified that the controversial portions in the syllabus for MA Governance and Political Science course will not be taught in the third semester. The inclusion of sections from the books of M S Golwalkar and V D Savarkar in the syllabus for the third semester of the course had triggered a controversy with various students’ organisations coming out in protest against the move. They alleged that the university was supporting the saffronisation of the higher education sector by including the writings of RSS ideologues. The VC pointed out that the expert committee constituted to look into the controversy stated that the syllabus has some shortcomings and should be rectified. A final decision on MA Governance and Political Science The inclusion of portions from the books of M S Golwalkar and V D Savarkar in the syllabus for the third semester of the course had triggered a controversy Various students’ organisations alleged that the varsity was supporting the saffronisation of the higher education sector the matter will be taken at the Academic Council meeting scheduled to be held on September 29, the VC told reporters here on Thursday . The recommendations of the expert committee — comprising Dr J Prabhash, retired Kerala University professor, and Dr K S Pavithran, retired Calicut University professor — will be handed over to the Board of Studies and the Academic Council, the VC said. The expert committee has recommended that the controversial portions should be avoided from the syllabus. Instead, the students would be taught “Contemporary Political Theory”, which was included in the old syllabus. It is learnt the varsity would also avoid the writings of Deen Dayal Upadhyaya and Balraj Madhokar, and include those of Jayaprakash Narayan and Ram Manohar Lohia. The committee has also recommended the inclusion of books on socialist thought and Islamic history it is learnt. , The omitted portions would be included in the fourth semester syllabus after being reviewed by the Board of Studies based on the recommendations of the expert committee, the VC said. Kerala has initiated efforts for a joint resistance by states ruled by non-BJP governments against the move to bring petrol and diesel under the GST regime. Finance Minister K N Balagopal has held talks with his counterparts in some of these states. The move is on the lines of the consultations led by his predecessor T M Thomas Isaac over the GST compensation issue. The council meeting in Lucknow on Friday is the first offline meeting after the pandemic spread and Kerala expects support from the states of West Bengal, Punjab, Tamil Nadu, Telangana and Rajasthan. The suggestion of Balagopal is to prompt the Union government to reduce cess levied and bring down the cost of petrol and diesel. Rationalising the cess will result in a reduction of at least `25 per litre of petrol and diesel, Balagopal has communicated to his counterparts. On Thursday, the finance minister told mediapersons that Kerala will strongly oppose the move to bring petrol and diesel under the ambit of ● More on P4 GST. THE Enforcement Directorate (ED) on Thursday searched some premises linked to social activist and former IAS officer Harsh Mander – a well known critic of the Narendra Modi government – in connection with a money laundering probe. The searches were conducted at his residence and offices at Adchini, Mehrauli and Vasant Kunj in Delhi, sources said. Apparently, the raids were held soon after Mander and his wife left for Germany for a sixmonth fellowship. ED officials said the searches were based on an FIR registered by the Delhi Police’s Economic Offences Wing in February, naming two children’s homes and their parent body Centre for Equity Studies, headed by Mander. Delhi Police registered the case following a complaint by apex child rights body NCPCR, citing violation of rules. Confirming the raids, the Centre for Equity Studies said that over the past few months, it has faced searches, investigation, and inquiries by different government agencies. The raids evoked strong protests from activists and intellectuals who termed the Central agency’s action part of a “continuing chain of abuse of state institutions to threaten, intimidate and try to silence every critic” of the government. In a joint statement, over 25 activists and intellectuals said Mander had done nothing bu t wo rk fo r p e a c e a n d harmony . “We condemn these raids to harass and intimidate a leading human rights and peace activist who has done nothing but work for peace and harmony, consistently upholding (upheld) the highest moral standards of honesty and probity,” the statement said. Jab-o-meter Take your shot Balagopal to rally non-BJP ruled states to oppose bringing petrol, diesel under GST E x p r e s s N e w s Se r v i c e @T’Puram E x p r e ss N e ws Se r v i c e @ New Delhi September 15 57,10,380 doses September 16 57,11,488 doses Total doses: 77,17,36,406 NATIONWIDE sep 15 sep 16 Fresh cases 27,176 30,570 Recoveries Deaths 38,012 38,303 284 431 statewide sep 15 Fresh cases Recoveries Deaths Water world A man wades through a waterlogged area following heavy rain in Lucknow on Thursday | PTI 17,681 sep 16 22,182 25,588 26,563 208 178 16 pages, including 4 pages of KOCHI Express captain’s call Hitman’s superior tactical skill runs Kohli out of T20 leadership race v en k ata k r i s h n a b @ Chennai Decline in number of younger persons in state’s workforce If the number of younger working people (20-34 years) was 50.3% in the state in 1991, their number has come down to 36.3% in 2021 | P5 AT 5:53 PM on Thursday Virat , Kohi broke the news. Once India’s upcoming T20 World Cup campaign ends in the UAE in November, he will step down as skipper of the national team in the format. It’s something that had been coming. He cited the immense workload he has endured since taking over as all-format captain in 2017. However, the 32-yearold wrote that he would be available as a batsman going forward. Like how his predecessor, MS Dhoni, passed the baton to him, Kohli has decided to do it now. If anyone occupies the hot seat other than Rohit Sharma, the decorated T20 captain who has a record five IPL titles to his name, it would come as a massive surprise. Never mind the fact that Rohit is 34, but with another T20 World Cup slated for October 2022 in Australia, it is hard to see selectors handing over the reins to an untested candidate. “Understanding workload is important. Considering my workload... playing all formats and captaining regularly... I feel I need to give myself space.” Virat Kohli’s statement If Kohli, who has led the side to 27 wins in 45 matches, was waiting in the wings in 2017, Rohit is in that position now. With every IPL title he has held aloft for Mumbai Indians, the opener has been sending gentle reminders to selectors. So why the change? Workload aside, the emergence of Rohit as an all-format player and his growing stature in the team and the tactical acumen he brings too have played a big role. On Thursday if Kohli did , show ambition by wanting to continue as ODI captain with 2023 World Cup in mind, Rohit too has been having his eyes on the role. In the past 12 months, Rohit’s calm demeanour in the dressing room and his influence among the team has only been on the ascendance. That has also added some pressure from within. By coming out in the open, Kohli, who has lost only one T20I series as captain (against Australia in India in early 2019), has put an end to all speculations. However, it is only for the time being because all things point to Rohit taking charge of India’s white-ball teams as having two skippers could prove detrimental with two World Cups (T20 and 50 overs) lined up in the next two years. At a time when successful white-ball teams are inclining more and more towards shortterm goals with data analytics to aid, Rohit looks the perfect fit. More so when the team has appeared to have lost direction in white-ball cricket over the last seven years.
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