The Vice President of India, Shri M. Venkaiah Naidu has
called for creating a National Innovation Movement to promote path-breaking
ideas and innovations that improve the living conditions of the people and
Speaking after presenting Gandhian Young Technological
Innovation (GYTI) Awards-2019 at a function organised by the Department of
Biotechnology, here today, Shri Naidu stressed the need to tap the huge talent
present in every section of the society across the length and breadth of the
country to build a new and inclusive India.
Calling for stepping up Bio-Technology interventions to make
agriculture more viable and sustainable, he said there was a need for a greater
focus on allied sectors like animal husbandry, dairy, fisheries, apart from
other vital areas such as health, nutrition, environment and biodiversity
On the plans to make India a five trillion dollar economy by
2025, Shri Naidu said the engines driving this growth would be start-ups and
digitisation. In this context, he suggested that every school and college should
setup innovation departments and promote the culture of entrepreneurship.
The Vice President said that the Government has identified 117
Aspirational Districts for their overall transformation and exhorted the young
innovators to be part of the mass movement to transform those districts.
He said the transformation of the nation is for the betterment
of the lives of the people and innovation plays an important role in this
Gem and jewellery exporters on Saturday expressed
disappointment over the significant increase in import duty on gold and
other precious metals, saying the move would result in shifting of
businesses to neighbouring countries.
Gem & Jewellery Export Promotion Council (GJEPC)
chairmanPramodAgrawal said: “We, as an industry, are greatly disappointed with
the increase of import duty on precious metals, gold and silver.”
The sector was already going through very tough times with
decline in exports and job losses, he added. According to industry experts, the
decision could lead to an increase in smuggling of the yellow metal in the
In the Budget 2019-20, the government proposed to raise the
import duty on gold and other precious metals from 10% at the present to 12.5%.
Mr.Agrawal said they had urged the government to cut the import duty as they
were important raw materials for the sector.
The government’s move “will result in growth of business in the
neighbouring countries as foreign tourists will stop buying jewellery from here
and processing of larger diamonds will shift to competing countries like China,
Vietnam,” he said.
The government is estimating a fiscal deficit of 3.3% of GDP
in financial year 2019-20, lower than the 3.4% estimated earlier in the
interim Budget presented in February.
The main reason for this is an increase on the revenue side,
while expenditure is being controlled, Finance Secretary Subhash Chandra Garg
said. Ratings agencies and tax analysts say there is a risk of missing the 3.3%
target if tax revenue falls short of the target.
The government has budgeted a higher disinvestment target for
2019-20 of ₹1.05 lakh crore, compared to the ₹80,000 crore budgeted in the
previous year. Apart from this, Mr.Garg said, the government had budgeted a
dividend from the Reserve Bank of India amounting to about ₹90,000 crore.
While the government predicted a total revenue of ₹17.2 lakh
crore in its revised estimates for 2018-19, the data in the Survey showed this
was actually ₹1.6 lakh crore lower. The bulk of this reduction in collections
was due to tax receipts falling well short of the mark.
Notably, the government has cut the allocations for several
major schemes. Most significant of these is the ₹4,334 crore cut for the Swachh
A statement on the Chinese foreign ministry’s website on
Ms.Hasina’s talks with President Xi on Friday says that the Prime Minister
pledged to “promote the construction of the Bangladesh-China-India-Myanmar
On Thursday, Chinese Prime Minister Li Keqiang advocated that
Beijing and Dhaka should “work together to build the BCIM- EC, in a bid to
connect the market covering nearly 3 billion people”
The revival of Chinese interest in the BCIM-EC in coordination
with India was evident when Mr. Xi singled out the project as an example of
expanding the India-China ties, which had entered a “new phase” after the Wuhan
informal summit held last year in April, following last month’s talks with
Mr.Modi on the sidelines of the Shanghai Cooperation Organisation (SCO) summit
In tune with China’s intent to engage with India to spur the
BCIM-EC, President Xi and Prime Minister Hasina acknowledged that “the
initiative would have to be revived working together with India,” the United
News of Bangladesh (UNB) reported on its website.
After the Wuhan summit, China has been advocating “China-India
Plus” cooperation, aimed at adopting a joint approach towards some of the major
issues in the region, including the Rohingya refugee crisis along with possible
initiatives in Nepal, Afghanistan and Iran.
China’s decision to adopt a consultative approach with its BRI
partners, including financing of specific projects, as announced during this
year’s Belt and Road Forum (BRF), echoed in Ms.Hasina’s talks with the Chinese
The Ministry of Environment, Forest and Climate Change (MOEFCC)
has launched a project for undertaking ‘immunocontraceptive measures’ for
population management of four species of wild animals elephant, wild boar,
monkey and blue bull (Nilgai).
Human-animal conflict has emerged as a major challenge in
managing wildlife in the country and human-elephant conflict causes the maximum
number of causalities every year.
According to reply tabled in Parliament on June 28, 2019, nearly
494 persons were killed by elephants last year alone. Between 2014 and March
2019, 2,398 people died in elephant attack in the country, with West Bengal
accounting for maximum number of such deaths .
Raman Sukumar, a well-known elephant expert and ecologist, said
immunocontraception is a technology that uses a female animal’s immune system to
build a protein around the egg that prevents it from fertilising.
Professor Sukumar said the birth-control method has been tried
in Africa in areas like the Kruger National Park but added that the
implementation of such a project in India will not be a simple task. It will
involve multi-disciplinary effort over a long period of time, he said.
Professor Sukumar said that after developing the technology, the
test will be to deliver the contraceptive and the logistics around it. In Africa
the system has worked in private reserves with a relatively small elephant
population, where every individual can be easily identified, he added.