BHUBANESWAR SATURDAY APRIL 12, 2025 `9.00 PAGES 12 LATE CITY EDITION GLOBAL SHIPPING GIANTS SET SAIL FOR A GREENER, CLEANER FUTURE The largest shipping nations decided on Friday to impose a minimum tax of $100 for every tonne of carbon dioxide emitted by shipping vessels AGREEMENT COMES INTO FORCE FROM 2028 ‘HISTORIC, BUT MORE COULD’VE BEEN DONE’ The fee of $100 will be charged if nations have not contributed enough to the International Maritime Organization’s net-zero fund and their ships are not meeting their compliance target. Members of the International Maritime Organization — with the United States noticeably absent — reached the agreement which will come into force by 2028 ■ ■ Some environmentalists present at the meeting called the emission taxes a “historic decision” but said more could have been achieved The tax doesn’t capture all emissions or drive enough emission reductions and it won’t raise enough revenue to help developing countries transition to greener shipping, said a shipping expert 3% IS THE EMISSIONS FROM SHIPPING INDUSTRY IN GLOBAL TRADE 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 Rana’s grilling Odisha & Delhi in, WB soon: Nadda on PM-JAY focuses on ISI, Lashkar’s role implement the welfare schemes of Narendra Modi due to politics paid the price as the people themselves removed them and brought in the double-engine sarkaar. Odisha and Delhi are prime examples where the CMs refused to implement the health scheme despite repeated requests by the Centre and were dislodged by the people. “The BJP returned to power in Delhi after more than 26 years and people rejected the BJD government in Odisha. The scheme was immediately implemented in both the states. The people of West Bengal will also enjoy the benefits soon,” he said. West Bengal is set for Assembly polls next year. E X P R E S S N E W S S E R V I C E @ Cuttack NIA gets 18-day custody, aims to unravel the conspiracy behind the 26/11 attacks in 2008 MUKESH RANJAN & J AYA N T H J A C O B @ New Delhi A day after Tahawwur Rana was extradited to India, the 26/11 Mumbai terror attack accused was taken from his cell at the NIA headquarters to the interrogation room in the same building in the national capital on Friday. He was confronted with initial questions relating to his handlers in Pakistan, his funding and business partners, and sleeper cells in India with whom he was connected to, sources said. Rana was asked to provide details about the visit of Lashkar-e-Toiba (LeT) operative Sajid Mir to India under the pretext of watching a cricket match and whether anyone accompanied Rana to the locations where he allegedly provided video footage to Mir. Rana’s interrogation will take place on three counts — establishing identity and his intent, the 26/11 attack and ISI nexus and his links with LeT. NIA also want details about who all helped Rana’s friend David Coleman Headley in India and who received money for it. Headley is one of the prime accused in the case. As part of the first round of questioning relating to establishing identity and intent, NIA sleuths tried to get his personal details, including his upbringing, education, family and career and his transition from a UNION Health minister JP Nadda on Friday asserted the day is not far when West Bengal, the only state that continues to resist implementation of Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), will soon join the ranks to complete pan-India coverage of the universal health scheme. Launching the AB PM-JAY along with the state’s Gopabandhu Jan Arogya Yojana (GJAY) and Ayushman Vay Vandana Yojana (AVVY) at a special function here, Nadda said three states had not implemented the Ayushman Bharat scheme. But two of them - Odi- trained doctor to a conspirator in international terrorism, sources said. NIA interrogators also questioned him whether his family knew about his alleged links to Headley and how they planned and executed the terror plot, apart from his physical location on November 26, 2008, when the attacks began. During subsequent rounds of questioning, Rana is going to be asked when he met LeT chief Hafiz Saeed and what was the nature of their relationship. He will also be asked if he could identify other members of the LeT by name, face, or their role, the sources added. The final round of questioning will revolve around involvement of ISI, sources said. sha and Delhi - have done it after the BJP came to power in the states. The Union minister and national BJP president claimed the governments that did not WHY U.S. TARIFF WAR HURTS CHINA US Secretary of State welcomes extradition US Secretary of State Marco Rubio welcomed the extradition of Rana to India, calling it a long-overdue moment of justice for the victims of the 26/11 Mumbai terror attacks Union Minister JP Nadda and CM Mohan Charan Majhi handing over co-branded AVVY card to an elderly beneficiary Radha Dei in Cuttack on Friday | EXPRESS V I S M AY B A S U @ New Delhi THE US is one of the biggest trading partners of China. It makes China particularly exposed to tariff pressures. According to data from Beijing’s customs authorities, in 2024, Chinese exports to the US exceeded $500 billion, accounting for 16.4% of the country’s total exports. It imports from the US were worth $143.5 billion, with much of that trade centred around agricultural products — particularly oilseeds and grains — according to the US Trade Representative’s office. Pamela Coke-Hamilton, head of a joint UN-WTO agency, warned that the “economic fallout from escalating US-China tariffs could be more damaging than cuts to foreign aid.” She added that this “escalation could result in an 80% drop in trade between the US and China, with catastrophic ripple effects globally”. According to experts, tariff restructuring would have serious ramifications on developing countries. An estimate published by the International Trade Centre suggests the tariff restructuring is going to cause a 3-7% decline in global trade and a 0.7% drop in global GDP, with developing economies being hit the hardest. The report, using Bangladesh as a case study, showed that US tariffs of 37% on textiles could cost $3.3 billion in economic losses for that country . As for Sri Lanka, its economic recovery would be impeded, as exports to the US have been tariffed at 44%. The US is the largest buyer of Sri Lanka’s exports (25% of its $12 billion merchandise exports goes to the US). Nations like Mauritius, Madagascar, Lesotho, and South Africa are also vulnerable. The potential revocation of the African Growth and Oppor tunity Act (AGOA), up for review in September, could further deepen the impact. Mineral SHARE OF CHINESE IMPORTS fuels, FROM AND EXPORTS TO THE U.S. mineral oils and products Machinery, Electrical machinery, equipment and parts mechanical Optical, photographic or surgical instruments and appliances; apparatus, precision instruments and apparatus parts 14.1 Oil seeds and oleaginous fruits 12.1 11.1 Vehicles other than railway or tramway rolling stock and parts and accessories 7.8 7.7 IM PO EX PO 5.5 4.9 3.8 3.4 3.1 RT RT 2.7 2.5 4.5 4.4 4 3.9 6 5.1 24 Machinery and mechanical appliances; parts thereof Iron and steel Plastic and articles Furniture & beddings 17.6 ALL Plastic VALUES IN and Aircraft, PER CENT articles spacecraft and parts Pharma Chemical Toys, games and sports requirements; parts and accessories thereof Special classification provisions, goods not elsewhere classified Articles of apparel and clothing accessories, knitted or crocheted Apparel, clothing accessories not knitted or crocheted Vehicles other than railway or tramway rolling stock and parts and accessories $500 BN CHINESE EXPORTS TO THE U.S. IN 2024 Electrical machinery and equipment NEXT RESHUFFLE EXPRESS READ Debut of Pasmanda Muslim in Union ministry likely Realtor bludgeoned to death in capital, second murder in a week R A J E S H K U M A R T H A K U R @ New Delhi AMID Opposition criticism over the lack of a Muslim face in the Union ministry the BJP-led NDA , government is reportedly looking to address it in the upcoming reshuffle, expected between May and July . Party sources indicated that Prime Minister Narendra Modi is giving serious thought to including a Muslim member, potentially from the Pasmanda community in , line with his governance mantra of Sabka Saath, Sabka Vikas. The induction is expected to be made at the level of MoS (minister of state) in the Ministry of Minority Affairs. The BJP has two prominent Muslim faces — Gulam Ali Khatana, a Rajya Sabha MP , and Jamal Siddiqui, national president of the party’s Minority Morcha. If Siddiqui is inducted, he could subsequently get a Rajya Sabha ticket. While Siddiqui hails from Maharashtra, Khatana is from J&K. “The chosen one is expected to be from the Pasmanda category, aligning with the PM’s emphasis on bringing the community into the national mainstream,” a senior BJP leader said. The reshuffle is expected to draw more attention after the party elects national president J P Nadda’s successor by the second week of May . The shake-up could affect at least a dozen ministries following evaluation of report cards on the performance of incumbents by the Prime Minister’s Office. According to insiders, the Ministry of Minority Affairs, presently held by Kiren Rijiju, could be assigned a new face. The Ministry of Information and Broadcasting is also expected to see a change in leadership. The reshuffle could also impact the ministries of urban development, petroleum and natural gas, law and justice, development of North Eastern Regions, coal and mines, and electronics and information technology . Furthermore, the rule of ‘one person, one person’ is likely to be strictly enforced. Bhubaneswar: Displaying scant regard for policing, a group of miscreants bludgeoned a 47-year-old realtor to death in broad daylight in the capital city on Friday. The victim, identified as Sasmit Biswal of Bhimpur was attacked with sticks and killed by at least seven miscreants who disposed of his body in a cashew orchard near Jamukoli village within Airfield police limits before fleeing. Three persons have been detained over the brutal killing | P3 Addressing the gathering, Nadda said AB PM-JAY, the world’s largest health coverage program, will connect around 1.03 crore families and almost 3.51 crore people of the state. “The BJP in its election manifesto had assured implementation of Ayushman Bharat Yojana and the double-engine government has succeeded in implementing it in just 10 months,” he said. “It is not an insurance but an assurance scheme. In the previous scheme, the insurance companies were deciding disease for cashless treatment but under Ayushman Bharat, doctors of 30,000 hospitals across the country will provide free treatment,” CONTINUED ON P5 he added. WARNING SIGN Industrial output slows to 6-month low of 2.9% D I PA K M O N D A L @ New Delhi INDUSTRIAL output growth slowed to a six-month low of 2.9% in February, down from 5% in the previous year, amid growing concerns over the impact of the ongoing tariff war on economic growth. The decline was largely attributed to a high base effect, with the growth rate in February last year recorded at 5.6%. The slowdown was evident across two major categories, mining and manufacturing, with mining experiencing the most significant decline. Mining output growth declined to 1.6% in February compared to 4.4% in January and 8.1% in February last year. Manufacturing output growth also halved to 2.9% in February from 5.8% in January Electricity gen. eration, however, maintained the momentum with 3.6% growth compared to 2.4% in January According to Aditi Nayar, . chief economist, ICRA, while the growth performance of mining is expected to deteriorate in March 2025 relative to February 2025, it is likely to be offset by an uptick in electricity generation, amid steadymanufacturing CONTINUED ON P5 growth.
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