DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA TUESDAY, NOVEMBER 20, 2018, NEW DELHI, LATE CITY, 24 PAGES JOURNALISM OF COURAGE `6.00 (`8 PATNA & RAIPUR, `12 SRINAGAR) WWW.INDIANEXPRESS.COM SINCE 1932 BOARD MEETING: INTERNAL PANEL TO DECIDE ON PCA; EXPERTS ON RBI’S RESERVES DEARREADER Govt and RBI break the ice as central bank agrees to help ease lending to small business EXPLAINED E RBIclimbed down, digging heelsin is no longeran option ● THE VERY fact that the RBI management and government nominees, including some aggressive part-time directors, could sit at the table for nine hours is an achievement. Especially, when the build-up was so openly fractious. The central bank has been responsive to the government’s concerns and the government, in turn, has respected the bank’s independence. The possibility of the RBI Governor being forced to resign has been averted. However, it is the RBI that climbed down andif itdidn’tloseface,creditgoestothegovernment.Forthe centralbanknow,boardmeetingswon’tbebusinessasusual. Thegovernment’svoicewillbeloudandtheRBIdiggingheels in — in the name of autonomy — may not be an option. GEORGE MATHEW BUSINESS AS USUAL MUMBAI, NOVEMBER 19 THE GOVERNMENT and the Reserve Bank of India on Monday pulled back from the brink after a public spat over the last few weeks with the central bank and the board reaching an agreement on providing relief to small and medium firms and easing lending restrictions on some state-owned banks. At the nine-hour board meeting, one of the longest in recent years, the RBI agreed to work out a loan restructuring scheme for SMEs for a loan exposureof uptoRs25croreinline withthe adviceof theboard.The board advised that the scheme should be subject to such condi- BY UNNY N Chandrasekaran, Tata Sons chairman, leaves after the board meeting. PTI tions as are necessary for ensuring financial stability. The RBI wasearlier unwillingtoconsider any loan recast scheme for small units as the banking sector is alreadyreelingundertheimpact of a huge pile of bad loans. An existing committee of the RBI, the Board for Financial Supervision (BFS), will now review the Prompt Corrective Action or PCA frame work — which imposes restrictions on lending on banks which have been hit by bad loans and weak capital. Thisisexpectedtoease curbs — and so boost lending — for a few of the 11 PSU banks which have been placed under this framework.Sourcessaidthatthe BFS is expected to release some of the banks from the PCA framework in the wake of improvement in their operations. The board also decided to form an expert committee to fix the appropriate capital framework or the capital which is needed to shield or protect the central bank from future losses. This will be applicable for CONTINUED ON PAGE 2 PETITION IN SC AGAINST TRANSFER 10 YEARS ON NSA interfered in probe against Asthana: CBI DIG THE QUESTIONS THAT REMAIN Complainant in Asthana case claimed AN IDEAS SERIES PART 1 PAGE 13 Sabarimala board goes to SC: Need time to implement your order ANANTHAKRISHNAN G NEW DELHI, NOVEMBER 19 CITING INFRASTRUCTURE and law and order issues, the Travancore Devaswom Board (TDB), which administers Kerala’s Sabarimala temple, Monday approached the Supreme Court, seeking extension of time to implement its September 28 order allowing womenof allage toenter thehill shrine. In an application filed in the Supreme Court in the wake of protests by devotees across Kerala, the Board said the court verdict had “evoked a strong response from certain people and political parties which has led to severe law and order problems in the State of Kerala and particularly in the areas around the Sabarimala temple”. ItsaidthatonNovember11,a few women tried to enter the temple but could not do so “on MoS took a few crores of rupees: Sinha DEEPTIMAN TIWARY EXPLAINED NEW DELHI, NOVEMBER 19 THE INTERNECINE battle within the CBI reached the doorsteps of the Prime Minister's Office on Monday when agency DIG Manish Kumar Sinha, moving a petitionintheSupremeCourt,alleged that National Security Adviser Ajit Doval interfered in investigations against Special PAGE 14 Director Rakesh Asthana and stymiedasearchof hisresidence. Mentioning his plea before and sent on leave October 23. thebenchof Chief Justiceof India Both officers have approached Ranjan Gogoi and the Supreme Court. Justices S K Kaul and Claiming that his K M Joseph, Sinha subsequenttransferto soughturgenthearing Nagpur was the fallof his petition but it out of the investigawas declined. On tion against Asthana Tuesday, the bench is which he was overscheduled to take up seeing, Sinha sought CBI Director Alok that the transfer order Verma's plea. In M K Sinha, be quashed. His petiresponse to the Chief DIG CBI tion levelled serious Vigilance charges against the Commissioner's rePMO,Ministerof State port on charges against him, CONTINUED ON PAGE 2 Verma filed his reply Monday. Verma and Asthana, who had been at loggerheads, were di- RELATED REPORT vested of their responsibilities PAGE 8 THE OTHER OFFICERS INCBI WAR WORLD CONTINUED ON PAGE 2 THE SURVIVOR PM outlines next steps: In top 50 in ease of Grenade used in Amritsar blast business, competition has Pak signature, says Punjab CM at level of districts A camera trap shows the tigress, whose three cubs were crushed by a train in Maharashtra’s Chandrapur last week, with a cub that survived near the site, Monday. Maharashtra Forest Department KAMALDEEP SINGH BRAR AMRITSAR, NOVEMBER 19 A DAY after three persons were killed in a grenade attack on a Nirankari sect congregation at Adliwala village, on the outskirts of Amritsar, Punjab Chief Minister Amarinder Singh said on Monday that the attack “seemed to carry Pakistan’s signature”. He said initial investi- DUBAI, NOVEMBER 19 SABARIMALA:SC WRITIS ATSTAKE BY CHRISTOPHE JAFFRELOT PAGE 12 PAGE 1 ANCHOR MALDIVES SET TO PULL OUT OF CHINA FREE TRADE DEAL TRUMP DOESN’T WANT TO HEAR KHASHOGGI TAPE PAGE 15 Amarinder Singh at the blast site on Monday. PTI Report says Dubai court clears Michel extradition, Delhi waits PRESS TRUST OF INDIA THE EDITORIAL PAGE A TOP Dubai court Monday upheld a lower court’s order to consider the possibility of extraditing British national and alleged middleman Christian Michel, who is wanted by Indian investigative agencies in the Rs 3,600 crore AgustaWestland VVIPchoppersdealcase,according to media reports. Michel, 54, is currently behind bars in Dubai since he Y OU ARE one in over 75 million — that’s the size of the growing community of readers, every month, of The Indian Express’s unique brand of journalism, investigative and explanatory, across Print, Mobile and Desktop. This is more than ever before and we are committed to serving every one of you in a way that best meets your news needs. Beginning Monday midnight, The Indian Express substantively expands and enriches its experience across print, browsers and the app. By furthering our powerful, original journalism and making it come alive through images, audio and video across diversifying coverage. As a reader of our journalism, as a user of the Express brand, you will see three focus areas across browsers and the app: LOOK AND FEEL: As we did with The Indian Express App, we have chosen a typography to communicate our core values of fairness, independence and transparency. 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To expand our explanatory journalism, from today, there will now be an Explained sidebar embedded in important stories across each section of the paper. There is a pressing need today for news that is investigated and explained without fear or favour, the story told in a way that touches both head and heart. Through word, image and voice. In other words, the best of the Express — and more of it. Welcome. KICKBACKS IN VVIP CHOPPER DEAL was arrested and sent into custody pending the legal and judicial procedure in the UAE. The Dubai Court of Cassation dismissed the two objections filed by Michel’s lawyers and upheld the Appellate Court’s decisiontoconsiderthepossibilityof extraditinghimtothecompetent Indian authorities. Judge Abdelaziz Al Zarouni, who headed a bench, pronounced the decision in the presence of member judges Musabeh Thaaloub, Mostafa Al Shinawi, Mahmoud Sultan and another judge, the Khaleej Times reported. However,therewasnoimmediate official confirmation about the court’s ruling in New Delhi. gations indicated that “the grenade used was similar to the ones being manufactured by the Pakistan Army Ordnance factory”. “Punjab police have recovered a similar HG-84 grenade from another terror module busted last month. It indicates a high probability of involvement of inimicalforcesfromacrossthe border,” said Singh. CONTINUED ON PAGE 2 CITY FOUR DEAD IN BLAZE AT KAROL BAGH PACKAGING UNIT P4 PUSH FOR FREE PARKING AT MALLS, HOSPITALS PAGE 3 EXPRESS NEWS SERVICE NEW DELHI, NOVEMBER 19 PRIME MINISTER Narendra Modi Monday said the governmentwasworkingtowardsdoubling the size of the Indian economy to $5 trillion as soon as possible and placing India among the top 50 countries in the Ease of Doing Business ranking of the World Bank. Reflecting on the record improvement in Ease of Doing Business,Moditoldaselectgatheringof industryleaders,Cabinet ministers,foreigndiplomats,and top bureaucrats, “The country has seen a 180-degree change in the last four years with India moving 65 notches up to 77 in the Ease of Doing Business ranking. Such a massive improvement is a record in itself. Today, we rank the first in South Asia. Wejustneedafewmorestepsto be among the top 50.” The PM said that his governmentwasstrengtheningthe“cooperative competitive federalism” framework and was continuously in discussion with states to streamline regulatory approvals and expedite clearances. “We will foster competition among districts too. We have to increase the per capita income, and for this we need industry, trade and business to flourish,” he said. Towardsthisend,thegovernmentwasalsoworkingonanew industrialpolicythatwouldseek to boost competitiveness of the servicesandmanufacturingsectors, Modi said. The Department of Industrial Policy and Promotion (DIPP) is learnt to be ready to place a draft of the new industrial policy before the Union Cabinet. “Itwillbeanoverarchingpolicy for the manufacturing and services sector,” said Ramesh Abhishek, Secretary, DIPP. Modi said the twin focus of hisgovernmenthasbeenpolicydriven governance and predictability in policies. “The Ease of Doing Business ranking is based on certain parameters. The idea is to take it far beyond the World Bank rankings and makedoingbusinesseasyforthe small and medium enterprises too. I will take review meetings with all other ministries and departments for this,” he said. The government has abolished over 1,400 laws, reduced the time required to resolve commercialdisputesto400days CONTINUED ON PAGE 2 In Jaipur, A Question For WhatsApp: How To Track The Source? KARISHMA MEHROTRA JAIPUR, NOVEMBER 19 THE QUESTION came up again and again. “If a WhatsApp message comes to the police, how can we find the original sender of the message?” asked Naveen Rana,anITcellmemberfromthe office of the Deputy Commissionerof PoliceinJaipur. “If we don’t have the data, how can we share it?” Pragya Misra Mehrishi, WhatsApp’s India policy communications manager, responded. After being informed about “encryption,”whichpreventsthe companyfromseeingthecontent of WhatsApp messages, Rana asked: “Isn’t there any other option?” Mehrishi replied: “Sir, I’m trying to help you understand. We can’t see the content. It’s not that we don’t want to give it.” On Monday, in a two-hour workshop conducted in Jaipur, the company’s local NGO partner Digital Empowerment Foundation presented the WhatsApp-developed “fake news curriculum” to an audience of around 100 police offi- cers, IT professionals, law students, and community members. They discussed verification methods through news searches,reverseimagesearches and fact-checking organisations as well as technical features. Launched in September, the partnership has conducted 18 workshops funded by WhatsApp for a total of 1,300 people in at least two districts each of the five election states: Chhattisgarh, Rajasthan, Mizoram, Madhya Pradesh and Telangana. They aim to expand tostatesthat“haveseendisturb- At the WhatsApp-funded workshop in Jaipur. WhatsApp/DEF ing incidents of fake news”, such as Assam, Maharashtra and Karnataka, by March, said DEF founder Osama Manzar. In a survey with over 1,000 respondents across rural India released this month, DEF found that over half of them believed that viral WhatsApp messages could lead to incidents of violence.Lessthanfivepercentsaid they question the sender about information in messages labelledas“Forward”.Andover60 per cent said there is rarely ever asourcementionedforthenews they receive on WhatsApp. “They understand the conceptof fakenewsbutthereisstill avacuum(inunderstanding)the gravity that news can have,” DEF media and communications head Ravi Guria, who is heading thepartnershipwithWhatsApp, said. “It’s not just about one person forwarding a message.” WhatsApp came under the spotlight when a spate of lynchingsacrossthe country, killing at least 33 people, were linked to rumours circulating on the platform. Over the summer, the IT Ministry urged the company to take action in two separate let- ters, to which the company replied with product and organisational changes, including campaigns like this. After Monday’s session, Mehrishi faced more questions about finding the culprit of “fake news”. She encouraged the police officers to establish a WhatsApp business account to get official messages from the public, and to share fact-checks on their own social media accounts. Some in the audience, including DCP Mahaveer Singh, CONTINUED ON PAGE 2
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