kozhikode l saturday l august 06, 2022 l `9.00 l PAGES 12 l city EDITION PDP, Cong seek rollback on 3rd anniv of hollowing 370 88% drop in law & order incidents: police The two parties held protest marches on Friday to mark the third anniversary of the repeal of Jammu and Kashmir’s special status Solve Kashmir dispute via talks: China Law and order incidents dropped 88% in three years since the revocation of the erstwhile state’s special status compared to the preceding three years, police said. From August 5, 2016 to August 4, 2019, the Valley witnessed 3,686 law and order incidents, which came down to 438 since August 5, 2019 when the Centre bifurcated it into two Union territories ■ ■ While Pakistan is reportedly using its embassies in West Asia and Europe to keep the Kashmir issue alive, China said New Delhi and Islamabad should resolve disputes through dialogue “This is an issue leftover from history,” said Chinese Foreign Ministry spokesperson Hua Chunying | P8 930 Terror incidents during 2016-2019. This dropped to 617 in the next 3 yrs CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Gandhis among 300+ detained after protest No immunity in criminal cases: Naidu MPs have no immunity from arrest in criminal cases during Parliament session, Rajya Sabha Chairman Venkaiah Naidu said on Friday Their ministers cannot see the price rise, so we wanted to walk to PM’s house and show him the high inflation, show him the gas cylinder the price of which is sky high Priyanka Gandhi Vadra Priyanka Gandhi Vadra crossing police barricades during a protest march in New Delhi on Friday | Shekhar Yadav marched towards Rashtrapati @ New Delhi Bhavan from Parliament House. They were stopped at Congress leaders Rahul Vijay Chowk by the police in Gandhi and Priyanka Gandhi view of the security protocol. Vadra led a strong nationwide The leaders then sat in protest protest from the front against at Vijay Chowk. price rise, GST on essential Priyanka and other senior items and unemployment, leaders, including Rajasthan with the latter catching the Chief Minister Ashok Gehlot, eye as she climbed were stopped outside over barricades and Congress headquarsat on the road outters at 24, Akbar side the AICC office. Road while they were Both were among the marching towards 300-plus who were dethe Prime Minister’s tained by the police residence. After Priyfor over six hours. anka squatted on the Rahul set the ball road, she was pulled rolling by tearing Standing for into the police van into the government, and detained along democracy saying the country is with others. witnessing “death of “The more I raise “The government democracy”. “The people’s issues, thinks it can silence government wants the more I will be us. It thinks that by under attack that people’s issues showing us this force, from the should not be raised it can make us quietand is working for government but I ly sit in buses but we the benefit of 4-5 big will continue to have a purpose,” Pristand for businessmen. All inyanka told democracy,” stitutions in the reporters. Rahul Gandhi country are under The detained leadtold the media the control of the ers were taken to BJP and RSS. Despite Kingsway Camp in all this, the Opposition is mak- GTB Nagar and were later reing efforts to fight against the leased. The area around the government,” he said. Congress HQ was cordoned Dressed in black as a mark off since Wednesday and a of protest, Congress MPs large police force deployed. E x p r e s s N e w s Se r v i c e RBI signals end of cheap loans era Loans to cost more as central bank goes for an aggressive 50-basis point hike in repo rate MO N I K A YADAV @ New Delhi LOANS are all set to become more expensive with the Reserve Bank of India on Friday increasing the repo rate (at which it lends money to commercial banks) by 0.5% to 5.4% with immediate effect. Home and car loans, which are linked to repo rates, will feel the pinch immediately as the transmission of RBI rate action is instant in such cases. The interest rates are already around 7.55% for borrowers with high credit scores. With the latest hike, it could go past 8%. That will be a substantial increase considering that in the beginning of the year, home loan rates were just 6.65%. ICICI Bank and Punjab National Bank have already raised their lending rates after the central bank increased the benchmark interest rate on Friday . Y Viswanatha Gowd, MD & CEO of LIC Housing Finance, said the repo rate hike will cause some fluctuation in the EMIs or the tenure on the Banks can’t rely on RBI money forever: Das RBI Governor Shaktikanta Das said on Friday that banks cannot “perennially” rely on the central bank’s money to support credit offtake and they need to mobilise more deposits to aid credit growth KSRTC was forced to stop nearly half of its ordinary services across the state on Friday, owing to an acute shortage of diesel. The move caused immense inconvenience to hundreds of passengers. The corporation owes `135 crore in diesel dues to oil marketing companies. If the situation continues, only 25% of ordinary bus services will operate on Saturday, KSRTC officials said. However, they said the issue will be resolved by next week. At the same time, KSRTC continued operating the more-profitable fast and super fast services. The corporation also issued strict instructions to unit heads to operate only those buses that have an earnings per kilometre (EPKM) of `35 and above. KSRTC has been following route rationalisation since fuel E x p r e s s N e w s Se r v i c e @Idukki/T’Puram Tamil Nadu on Friday raised 10 of 13 spillway shutters of Mullaperiyar dam to release 1,876 cusecs of water, sparking fears of flooding in downstream areas like Vandiperiyar and Chapath in Idukki district. Opening of the shutters caused water level in Idukki dam to rise. An orange alert was issued around 7pm after the level rose to 2,381.54ft, against the full reservoir level of 2,403ft. Earlier in the day, water resources minister Roshy Augustine told reporters that the decision to release water from Idukki dam will be taken after At the ready A team of National Disaster 1 Response Force deployed in Mullaperiyar area. Idukki district administration opens 24-hour control room in Manjumala village office Authorities say flood-like situation in Idukki’s downstream areas is likely only if total discharge from Mullaperiyar dam is 6,000 cusecs 2 Holiday declared for all educational institutions in Alappuzha today considering the flood situation in Muvattupuzha and Aluva. He also said he had written to his Tamil Nadu counterpart to regulate water level in the dam to prevent any abrupt release of water. “An abrupt release Bajrang wins gold Historic silver medal M Sreeshankar cleared 8.08m to win silver in men’s long jump at the Commonwealth Games late on Thursday. In a tense final, he needed five jumps to tie with the gold-medallist. But he was pushed to 2nd on countback will inundate downstream areas as the water level is high in the Periyar and other rivers,” he told reporters. Chief Minister Pinarayi Vijayan too wrote to Tamil Nadu CM M K Stalin requesting his intervention to regulate the discharge from the dam for steadily bringing the water level to a safe point. He also urged Stalin to direct officials to ensure that the outflow from the dam is more than the inflow, taking into account the heavy rainfall in its catchment area. In the afternoon, shutters of Mullaperiyar dam were raised in phases to a height of 30cm to ensure controlled release of water into the Periyar and pre● More on P4 vent flooding. Leap of faith Wrestler Bajrang Punia wins gold in men’s 65kg category beating Canada’s Lachlan Maurice McNeil. Anshu Malik settled for silver in 57kg. prices shot up last year. The decision to stop the services caused inconvenience to hundreds of passengers who depend on the carrier, especially those in nationalised routes. Most routes in Thiruvananthapuram district are nationalised and private buses are not allowed to ply there. A huge rush of passengers was visible in buses from Neyyattinkara, Attingal and Nedumangad to Thiruvananthapuram. Students in districts where schools were open were hit the most as they can avail concession rates only in ordinary buses. KSRTC officials said buses earning less than `25 EPKM do not collect enough for fuel and spare parts. “The services within the `2543 EPKM are barely sufficient to meet the said expenses. Only those with `50 EPKM are considered profitable,” said an official. ling and that too on a shoestring budget – $34 per person per day (around `2,700) – is now a part of their lives. Their earlier visits include those to European as well as North and South American nations. For India, their 65th country , they chose to start from Kerala. “We flew in from Bhutan,” said Mike, 45, who met Anne, 40, in New Jersey’s Hoboken while Anne and Mike Howard from New York at Fort Kochi in Ernakulam | A Sanesh fund crunch hits mid-day meal scheme Schools grapple with high rates of ingredients and cooking gas. Hike in allowance sought | P5 playing two-on-two volleyball. This is their first visit to India as a couple. “We came individually earlier, around 15 years ago while we were in college,” said Anne. The couple said anyone planning a trip to India should start from Kerala. “Kerala serves as India’s gateway for tourists. It is also more mellow than other places while also being a melting pot Kerala serves as India’s gateway for tourists. It is also more mellow than other places while also being a melting pot of cultures from across the globe — Mike Howard monitor work progress M S V i d ya n a n d a n @ T’Puram Empowering home buyers, who invest money in units at the start or during the construction stages of a project, the Real Estate Regulatory Authority has asked builders to form an association of such allottees. The move will allow investors to collectively monitor the project’s progress. Though a forum of such consumers is backed by the Real Estate (Regulation and Development) Act, 2016, it is yet to gain traction here. “It is the promoter’s (builder) responsibility to facilitate the formation of an allottees’ association when over 50% of units in a project are either sold out or booked. Only a small section of projects have such an association at present. Our feedback from realtors is that consumers are not showing interest in it,” said P H Kurian, chairman of Kerala-RERA, which has asked builders to comply with the law. Kurian said the promoter will have to convene a meet- It’s builders’ duty Builders asked to facilitate formation of body of allottees who invest in units at the start or during construction stages of a project. Though backed by Real Estate (Regulation and Development) Act, 2016, such a forum of realty consumers is yet to gain traction. ing of allottees to help them form the body “Association . representatives can monitor the progress of the work and hold talks with the promoter if they require any changes. They can also take up violations of agreement by the promoter with K-RERA. The association will benefit builders too as it would be a single point of contact with consumers,” he said. The association can be converted into owners’ association after completion of the project. M A Mehaboob, chairman of CREDAI-Kerala, says buyers are largely unaware of the association’s relevance. “They think an association is required only after completion of a project,” he ● More on P4 said. Irshad abduction: DNA test confirms death Kozhikode: A DNA test has confirmed that the body recovered from Kodikkal beach in Vadakara is that of Irshad Nazar, 26, a native of Peruvannamoozhi, who was abducted by a goldsmuggling gang on July 15. The body was found on July 17 and cremated after falsely identifying it as that of a Mepayyur native. Irshad had returned from Dubai on May 13 and was reported missing since May 23. P5 A Twitter image posted by the PMO of Prime Minister Narendra Modi meeting West Bengal Chief Minister Mamata Banerjee, in New Delhi on Friday Wild speculation after Didi meets PM, discusses dues Rajesh Kumar Thakur, Pronab M o n d a l @ New Delhi/Kolkata 10.5 yrs, 65 nations: US couple on never-ending honeymoon How long is a honeymoon trip? Depending on who you ask, the answers may range from “a few days” and “a couple of weeks” to maybe “a month”. Unless you ask Ann and Mike Howard from New York, who got married in 2012. The couple has been on honeymoon since then, 10-and-ahalf years to be exact, visiting 64 countries and taking in everything the nations have to offer. And they are not planning to stop anytime soon, as travel- Crisis express read Now in Kerala An u K u r u v i l l a @Kochi RBI has so far raised the repo rate by a total of 1.4% since May With the latest hike, it has . reversed the Covid-era cuts completely. The present repo rate at 5.25% is higher than the pre-Covid level of 5.15%. Justifying the hike, RBI governor Shaktikanta Das said the regulator was forced to act as inflation remained at “unacceptably high levels”. RBI retained its inflation outlook for the current fiscal at 6.7%, while the regulator is mandated to keep it under 6%. Das said India’s economy is improving driven revival in urban demand. RBI pegs FY23 P10 GDP growth at 7.2%. 10 of 13 Mullaperiyar dam shutters Real estate regulator for raised, Idukki reservoir at 2,381.54ft home buyers’ assn to No diesel, KSRTC stops 50% ordinary services E x p r e s s N e w s Se r v i c e @T’Puram home loans but the demand for housing is likely to remain robust. A back-of-the-envelope calculation shows the EMI on a `50-lakh loan with 20-year tenure will now increase by `1,518. On the positive side, those with fixed deposits in banks will gain as their rates will also go up albeit slowly At present, fixed . deposit rates of one-year tenure range from 5.6% to 6.3%. of cultures from across the globe,” said Mike, who has coauthored with Anne two books, ‘Ultimate Journeys for Two’, which is a travel guide for couples, and ‘Comfortably Wild: The Best Glamping Destinations in North America’. They said they were impressed by the variety of dishes made from vegetables that are available in Kerala. “As vegetarians, we were amazed by the various ways vegetables were used for cooking,” said Mike. The couple will be here for twoand-a-half weeks. ● More on P4 Trinamool head and West Bengal Chief Minister Mamata Banerjee had a rather quiet meeting with Prime Minister Narendra Modi for 45 minutes here on Friday sparking speculations of a rapprochement ahead of Lok Sabha elections. This was a different Didi Delhi got to see as there was no post-meeting briefing, no signalling of Opposition unity to fight BJP. Ironically, it happened on a day when Congress hit the streets raising pro-people issues like price rise — the party Mamata had in the past faulted for sleeping at the wheel of Opposition leadership. Former Meghalaya governor Tathagata Roy set Twitter afire saying Kolkata was agog with apprehension of a ‘secret setting’ between the two leaders. CPI(M) and Congress echoed him, alleging Mamata’s underhand deal with the BJP . Trinamool sources said Mamata took up various Bengal-related issues like MNGREGA dues and GST and submitted a memorandum to the PM. She is also understood to have taken up targeted raids on her party leaders by Central enforcement agencies. “Remember a recent Darjeeling meeting of Mamata with her Assam counterpart Himanta Sarma and former governor Jagdeep Dhankhar. Subsequently Dhankhar became the , NDA nominee for the vice-presidential elections and the Trinamool decided to abstain from voting,” political analyst Dr R K Verma said.
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