www.thehansindia.com KURNOOL FRIDAY 5 OCTOBER 2018 PAGES 16 `5.00 Forecast: Showers early. Clearing skies. Temp: Max.34°C. Min.25C. Humidity: 40% Sunrise: 06:08 Sunset: 06:04 A child inspects a Blue Morpho butterfly during a preview of "The Butterfly Conservatory: Tropical Butterflies Alive in Winter," at the American Museum of Natural History in New York. The popular annual exhibit which houses up to 500 butterflies opens to the public on Saturday Kochhar quits as ICICI Bank CEO Mumbai: ICICI Bank's Chanda Kochhar, who is facing allegations of conflict of interest over a loan to Videocon Group that had in turn lent to a company partowned by her husband, has quit as the bank's Chief Executive Officer and Managing Director. The inquiry against her will continue. The bank has appointed its Chief Operating Officer Sandeep Bakhshi as the new CEO and MD with immediate effect. S P5 Falaknuma Exp coach derails Bhubaneswar: One coach of the Secunderabad -Howrah Falaknuma Express train on Thursday derailed near Kapilas Road railway station in Odishas Cuttack district but there was no report any casualty, railway officials said. The guard-cum-luggage bogie, the rear most coach of the train jumped from the rail, an East Coast Railway (ECoR) official said. The official said that Faluknama Express will start moving on its way soon. WORLD BANK BANS MADHUCON PROJECTS REGION WINDOWS BUSINESS H Simultaneously published from Hyderabad | Warangal | Tirupati | Amaravati | Visakhapatnam | Khammam | Kurnool | Delhi H Petrol, diesel cheaper by `2.50/litre ‘Alternative to New Delhi: In a relief to consumers hit hard by the unrelenting rise in fuel prices, the government on Thursday cut petrol and diesel prices by Rs 2.50 per litre that will result in a revenue loss of Rs10,500 crore in six months. It also asked the states to effect a similar cut so that the relief could be to the tune of Rs 5 per litre. Announcing the much soughtafter relief, Finance Minister Arun Jaitley told a press conference that the cut will be effected through slashing of excise duty to the tune of Rs 1.50 per litre while the oil marketing companies (OMCs) will absorb the impact to the tune of KCR continues Naidu bashing n Oblique caution to Naidu on cash-for-vote scam OUR BUREAU Re 1. "I am also writing to the states to make corresponding cuts in VAT of equivalent amount so that consumers get Rs 5 relief in retail prices," he said. "The notiﬁcation in this regard (giving a relief of Rs 2.50) will be issued today (Thursday) and prices will be applicable immediately afterwards," he said. Last month, the governments of Karnataka, West Bengal, Rajasthan and Andhra Pradesh cut taxes on petrol and diesel. Jaitley also said the revenue impact of the decision would amount to around Rs 10,500 crore for the rest of the ﬁscal, which amounts to "only 0.05 per cent of the ﬁscal deﬁcit". The Minister expressed conﬁdence about meeting the ﬁscal deﬁcit target despite the excise duty cut, saying increased revenue collections would absorb the impact of the cuts. "The government's aim is to give relief to the consumer by increasing their purchasing power without impacting the ﬁscal deﬁcit," he said. Jaitley also maintained that Thursday's decision did not represent a re-regulation of fuel prices. Responding to a query about state governments following suit with similar tax cuts, Jaitley said that this measure would be a "a test for all state governments, especially those whose leaders have been demanding cuts while paying lip service to people". Transport fuel prices have continued on a daily record-breaking upward movement with petrol inching closer to Rs 84 in Delhi and having already crossed the Rs 91 a litre mark in Mumbai. Tirupati growing as fastest hardware hub: CM OUR BUREAU Nalgonda: In an oblique reference to the cash-for-vote scam that rocked Telangana state in 2015, caretaker Chief Minister K Chandrashekar Rao on Thursday warned his Andhra Pradesh counterpart N Chandrababu Naidu, to realise what would happen to him if he chose to open his third eye. Chandrashekar Rao, continuing his fusillade at Telugu Desam and Congress for their "illegitimate alliance," he cautioned the people against Naidu who was now carrying a dagger in his waist to kill them. "I am sure people of Nalgonda have come of age. They would take a wise decision and help the TRS win all the 12 seats in the erstwhile district of Nalgonda. Continued on Page 15 Tirupati: Chief Minister N Chandrababu Naidu on Thursday expressed his vision of developing Tirupati as another Shenzhen, a modern metropolis that links Hong Kong with China, as it has been growing fast as hardware hub. Addressing the employees of Dixon Technologies India after inaugurating the industry near Tirupati on Thursday, Naidu said that effective logistics would play a key role in developing any area which can foster industrial growth. The industry was set up with an investment of Rs 150 crore and provide employment to 900 persons in the ﬁrst phase. It produces LED TVs, CC cameras and washing machines here. "Once this area where electronics clusters have now been developed was a dryland. But it Chief Minister N Chandrababu Naidu during the inauguration of Dixon Technologies near Renigunta Airport on Thursday is now ﬂourishing with digital industries fulﬁlling many dreams. The district has got several industries from the three partnership summits. Sri City has been witnessing rapid and unbelievable growth. Hero Moto Corp has set up its ﬁrst unit in the district Bhushan, Shourie demand CBI probe into Rafale deal New Delhi: Lawyer Prashant Bhushan and former Union minister Arun Shourie met CBI Director Alok Verma on Thursday, demanding a probe into alleged corruption in the Rafale aircraft deal and offset contract even as the Congress urged the CAG to carry out a forensic audit of the "Rs 60,150 crore" Rafale fighter jet deal and bring all "facts" on record to enable Parliament to fix accountability for the alleged scam in the contract. A delegation of Congress leaders met the Comptroller and Auditor General of India Rajiv Mehrishi and presented a memorandum to him along with fresh documents. Along with a "detailed" complaint under the Pre- vention of Corruption Act, Bhushan and Shourie also submitted documents buttressing their arguments for the need of probe. They asked the agency director to take permission of the government to initiate the probe in accordance with the law. "CBI Director said he will look into it very carefully. We will take appropriate action," Bhushan told reporters after coming out of the CBI headquarters. Dassault Aviation, the makers of Rafale, had chosen Reliance Defence as its partner to fulfil offset obligations of the deal. The government has been maintaining it did not have any role in selection of the offset partner by Dassault. only in South India. While Celkon has already producing mobile phones, Karbon will open its unit shortly. Munoth batteries, Apollo tyres, ceramic industries and several others were in the pipeline," he said. Continued on Page 15 4 IPS officers transferred OUR BUREAU Congress wants CAG to carry out forensic audit Vijayawada: In a minor reshuffle, four IPS officers have been transferred on Thursday. Kanthi Rana Tata, joint commissioner of police, Vijayawada city has been transferred and posted as DIG, Anantapur range. J Prabhakara Rao, DIG of Anantapur range is posted as DIG, CID in the existing vacancy. D Nagendra Kumar joint commissioner of police, Visakhapatnam city, is transferred and posted as DIG, Kurnool range. G Srinivas, DIG of Kurnool range, is transferred and posted as DIG, Law and Order and Co-ordination at the office of the DGP, Mangalagiri. Stardust to dazzle along TS campaign trail OUR BUREAU Hyderabad: The electoral battle in Telangana is acquiring all the trappings of celluloid settings. Championing the cause of the TDP and the Opposition alliance, AP Chief Minister N Chandrababu Naidu’s brother-in-law and actor N Balakrishna would be campaigning while the Congress is positioning its trump card – ‘Lady Amitabh Bachchan’ Vijayashanthi. Vijayashanthi took part in the poll campaign of the Congress at Alampur on Thursday while Balakrishna already has a head start over her. Though ‘`100 CR AWARD FOR RYOT WHO WINS NOBEL’ A still from a movie featuring Balakrishna and Vijayshanthi it is was not an election campaign, his visit to Khammam looked more like one with his fans turning up in great numbers. The meetings were not without the inevitable dose of Balayya Babu getting angry, throwing tantrums at his fans and ﬁnally kicking a few of them when they tried to get very close to him. In fact, Balakrishna and Vijayashanthi were a hit pair on celluloid screen and their ﬂicks had rained mega bucks for their producers in the years that had gone by. It is not yet known if they would do joint campaign since the TDP and the Congress are partners of Grand Alliance ﬁghting the TRS in the state. Balakrishna would be campaigning for TDP since Chandrababu Naidu is not keen to take part in the ensuing Assembly elections in Telangana for obvious reasons. Balakrishna in his visit to Khammam took stock of the political situation particularly the winning prospects of the TDP in the district on AP- Telangana border recently. Satisﬁed by the overwhelming response from people during the ﬁlm star’s visit, the party decided to utilise Balakrishna's charisma to gain political advantage. Party leaders said that Balakrishna expressed his readiness to join the party campaign. Since he is busy with the shooting of the ﬁlm on NTR biopic, leaders said that the ﬁlm starturned -political leader will participate in the campaign in selected assembly segments only. Once Balakrishna is relieved from the busy ﬁlm shooting, the TDP will use his services full time. The party is already preparing a schedule for Balakrishna’s campaign in the state. BJP will emerge’ Naidu says he is not in the race for PM’s post LAXMI DEVI Amaravati: Chief minister and TDP chief N Chandrababu Naidu on Thursday said that an opposition alternative to the BJP-led NDA will emerge "automatically" even without its prime ministerial face being declared for the 2019 Lok Sabha elections. Naidu, a former BJP ally who quit the NDA early this year over the Centre's refusal to grant special status to Andhra Pradesh, also offered to play a "pivotal" role to bring all the opposition parties together to forge a united front. "An alternative (front) will emerge automatically. People are angry with the Modi government and they will choose an alternative," Naidu, said. Naidu also felt non-selection of a prime ministerial candidate by an opposition front ahead of the 2019 Lok Sabha polls will not hurt its prospects. "I do not visualise any problem if the PM candidate of the opposition front is not decided before the polls." "As a responsible citizen, I will work out (an alternative). Definitely I will play my role as a responsible citizen. We will be instrumental in bringing all parties together who are keen to work in the interest of the nation," Naidu said. He said discussions are still going on with various parties over forging an opposition alliance. "Recently, I met Karnataka Chief Minister of JD(S). We are discussing with other parties as well," he said but did not give details. Stating that political alliances are not stitched overnight, Naidu said even in the past, prepoll and post-poll alliances took place in "a different situation and in different times." "No one could predict a prime ministerial candidate in some past situations." He felt the choice of the prime ministerial candidate will depend on various circumstances. At the same time, he said it will not be prudent to declare the candidate before the polls as sometimes the plans to forge an opposition alliance could get sabotaged. "Whoever emerges as consensus will be the one. If there is a consensus before the poll, it is great," he said. Asked if he is in the race for the prime ministerial post, Naidu said, "I will never go to the Centre. I have never been an aspirant for any post or for any role at the Centre." Continued on Page 15
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